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JCPenney is in serious trouble. There's no sugarcoating it.The department store chain, famous for its Christmas catalogs, is losing money — and customers. It has a lot of debt. And not much cash.A dismal earnings report on Thursday only reinforced that time is running out. JCPenney reported an adjusted loss of million in the first quarter, even worse than Wall Street was expecting, and lowered its projections for the year. Sales fell 4 percent, also missing estimates.Much like floundering rival Sears, JCPenney is struggling to adapt to the changing retail landscape as people increasingly shop on their phones. 628
KANSAS CITY, Mo. — The call for the Missouri Legislature to go into a special session has received enough votes in the Senate and House. The House initially passed the measure Wednesday afternoon, followed by the Senate in the early evening. The session will last for 30 days. Per the state Constitution, after the legislative session there are only two ways for the legislature to return: the governor calls a special session, or the House and Senate have a majority vote to hold a special session. It will not be official until it’s filed with the Missouri Secretary of State. Lawmakers said there are two reasons for the special session. First is to give the special investigative committee more time to do their job and the second reason is to consider if articles of impeachment need to be started. House Speaker Todd Richardson said the decision to call a special session was not made lightly."Members signed this petition because they believe in a fair process that will not be rushed to conclusion by an artificial deadline. But make no mistake about it, today's actions ensure that there will be a conclusion to this process," said Richardson.The committee was formed after Gov. Eric Greitens was indicted on an invasion of privacy charge in February. Court documents allege Greitens took a nude photograph of a woman he was having an affair with in 2015 and then transmitted the photo so it could be seen on a computer.The committee has released two reports on allegations against Greiteins. The first report was released in April. It detailed testimony the woman at the heart of the invasion of privacy charge provided to the committee.The second report, released earlier this week, claims Greitens lied on a campaign disclosure form about a list of donors to his charity, The Mission Continues. Attorney General Josh Hawley said Greitens illegally obtained the donor list from the charity to use for political fundraising. The committee's report agrees with Hawley's allegations. House Minority Leader Rep. Gail McCann Beatty sent the following statement to Scripps station KSHB in Kansas City: 2189
Kentucky Speaker of the House Jeff Hoover resigned from his position Sunday amid sexual harassment allegations, saying he had made "mistakes."Hoover, who The Courier-Journal newspaper in Louisville reported had secretly settled a sexual harassment allegation by a woman on his legislative staff, did not resign as a state representative, however, and has denied all allegations."I did make mistakes, in that I engaged in inappropriate text messages," the Republican lawmaker said at a press conference announcing his decision. "I engaged in banter that was consensual, yet make no mistake, it was wrong on my part to do that. And for that I am truly sorry."The Courier-Journal was the first to report Hoover's settlement last week, citing sources with direct knowledge of the matter. The settlement involved three other Republican state representatives and Hoover's chief of staff, the newspaper reported.Hoover and his accuser, whom the Courier-Journal has not identified because she says she was sexually harassed, declined to comment, as did a lawyer for the woman, the newspaper said.Hoover asked for the public's forgiveness in a tearful statement on Sunday, saying, "To say that the past few weeks and days have been trying and difficult for me and my family would be an understatement."Kentucky's House speaker pro tempore, Republican David Osborne, said in a statement that he will be assuming operational control of the chamber as acting speaker.Hoover's resignation comes a day after Kentucky Gov. Matt Bevin, also a Republican, called for "the immediate resignation of every individual who has settled a sexual harassment case, who is party to trying to hide this type of behavior."In a press conference Saturday, Bevin drew a "clear line in the sand for every elected official in Kentucky. These actions that have been alleged, not denied, and increasingly corroborated, and that are increasing in specificity and in number, were not isolated to a single person, or a single event, but involved multiple events and multiple people.""They know who they are, some have been named," Bevin said. "I would simply say this: For the sake of themselves, for the sake of their families and for the sake of Kentucky, they should resign. Period. The people of Kentucky deserve better than the type of shenanigans that have gone on for far too long in this town.""I expect the immediate resignation of everyone named," Bevin concluded.Hours after Bevin's speech, Hoover issued a statement that stopped short of confirming the Courier-Journal report."I am disappointed that our Governor in his press conference Saturday afternoon would call not only for my resignation but the resignation of other individuals who have no involvement in this matter," he said. "The governor has yet to ask our side of the story. He and I have not spoken since the story broke, and I did not receive a courtesy call from him before his grandstanding today. Instead, he has accepted as fact only, one side of the story.""In effect, the governor seeks to be judge, jury, and executioner without hearing the evidence," Hoover said, adding then that he had no plans to resign, and was "more resolved than ever to continue my work as speaker thru the 2018 session." 3264
Just weeks after?visiting the White House, Kanye West appears to be a little tired of politics.The rapper and designer on Tuesday said on Twitter that he plans on "distancing" himself from politics, alleging he's being "used to spread messages I don't believe in.""I am distancing myself from politics and completely focusing on being creative!!!" he wrote.This week, West became associated with a campaign led by conservative activist Candace Owens that encourages black voters to leave the Democratic Party.While Owens clarified West's role in designing the logo for her campaign -- she said on Twitter that West merely made an introduction -- West was seemingly unnerved by the attention.West wrote that he "never wanted any association" with the campaign and has "nothing to do with it."West first showed his support for Owens in April in a tweet, saying, "I love the way Candace Owens thinks."His attempt to separate himself from the political conversation comes one month after a rant about Trump after his "SNL" performance caused a new wave backlash against the outspoken musician, who has made a string of controversial and inflammatory comments?in recent months.In his tweets on Tuesday, West expressed appreciation for those who have stood by him."I would like to thank my family, loved ones, and community for supporting my ACTUAL beliefs and my vision for a better world," he added. 1423
Kimberly Guilfoyle has tested positive for COVID-19 and was unable to attend Fourth of July festivities at Mount Rushmore alongside the presidential family. New York Times and ABC News both reported Guilfoyle’s positive test.Guilfoyle is the girlfriend of Donald Trump Jr., and is also a member of President Donald Trump’s re-election campaign.Guilfoyle reportedly flew to South Dakota with Donald Trump Jr., but flew separately from the president.Guilfoyle was tested for the virus, along with many others who could come in close contact with the president.Trump Jr. reportedly tested negative for the virus. 617