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NEW YORK (AP) — The operator of Ann Taylor and Lane Bryant filed for Chapter 11 bankruptcy on Thursday, the latest retailer to do so during the pandemic. Ascena Retail Group, which operates nearly 3,000 stores mostly at malls, has been dragged down by debt and weak sales for years. In a press release, the company said they were closing all of their plus-size stores Catherines.The company also said in the release that they plan to "strategically reduce its footprint with the closing of a significant number of Justice stores and a select number of Ann Taylor, LOFT, Lane Bryant, and Lou & Grey stores."It joins other retailers that have filed for bankruptcy in recent weeks, including Brooks Brothers, Neiman Marcus, J.C. Penney, and J. Crew. These retailers were already struggling with poor sales, but the forced closure of stores in March to reduce the spread of the coronavirus put them further in peril. Experts believe that there will be another wave of bankruptcies this fall that will include companies that had been healthy before the pandemic struck. 1076
NORFOLK, Va. - The first presidential debate of 2020 was all some voters needed to watch before heading to the polls.“[I] tuned into most of the debate last night, and that really solidified my decision to vote today,” said William Jimenez.But the thought of this year’s election is nerve-wracking for some voters.“Regardless of political persuasion and who you intend to vote for, people across the political spectrum are all experiencing that kind of stress,” said Gary Roftus, the director of Fairfield Psychological Associates.Jimenez says this election is important.“A lot is on the line. A lot is at stake,” he adds.Election stress - according to the American Psychological Association, it’s affecting more than 50% of Americans.Gabrielle Harrell felt the pressure at the polls Wednesday.“It’s been very stressful. As I was filling out the ballot, I was triple-checking to make sure I’m checking the right box,” Harrell said.Roftus says people are already stressed with the coronavirus.“We’ve never had an election where we are told is the most important election ever in the middle of a pandemic,” he adds.As we get closer to November 3, Roftus says politics comes up in his counseling sessions.“Inadvertently or directly because it's bothering them, people are bringing up the election all the time,” he adds.Roftus says the additional voting options are affecting stress levels.“Sometimes some people are uncertain as to where they should vote, whether they should vote by mail, is their ballot going to be accepted?"For people who want to get rid of some of that election stress, voting early is an option.Roftus says it gives some people some comfort and relief. Some voters agree.“I do feel better having done it,” Harrell adds.Experts say it’s also best to take a break from politics if you can, but most importantly, take care of yourself.“Try to get enough rest and eat properly,” said Roftus.This story was first reported by Nana-Séntuo Bonsu at WTKR Norfolk, Virginia. 1993
New heart health research found that taking a low-dose daily aspirin to cut chances of a heart attack or stroke may have risks that outweigh the benefits.The latest studies revealed the effects of the blood-thinning, anti-inflammatory drug on patients, who did not yet develop heart disease or other heart-related issues but were at moderate risk.Research found aspirin does help patients with diabetes, who are at higher risk to develop or die from heart problems. However, the risk of serious bleeding far outweighed the benefit of taking the drug.The study found aspirin was not effective in preventing heart attacks or strokes for moderate risk patients, because they had other health issues, including high blood pressure, high cholesterol and smoking.Doctors also cautioned using fish oil supplements, instead of aspirin, would have similar disappointing results. Instead, health professionals suggest eating fish to improve your heart’s health.Fish oil may be more beneficial for people who have already suffered a heart attack. 1043
NEW YORK — An Army veteran who just celebrated his 100th birthday won a fight to stay in his Brooklyn home on Tuesday.James Been served in World War II as a radio operator and celebrated his milestone birthday on June 19.Been has lived in a brownstone on Halsey Street in Brooklyn's Bedford-Stuyvesant neighborhood since 1927, and he says the house has been in his family for generations.Been has lived an extraordinary life. During the war, he served in an all-Black regiment known as the Harlem Hell Fighters."I served in the 93rd Division in the South Pacific against the Japanese from 1942 to 1946. Instead of buses, there were buggies going downtown here. It's a wonderful feeling to remember those historic events," Been said.Last year, Been was shocked to find out there was a foreclosure case filed against him.He said he couldn't repay a 0,000 home equity loan he secured in 2006 when he was 84.Belinda Luu, Been's lawyer, works with an organization called Mobilization for Justice. She said it was "wrong" that Been was being forced out of his home."There are so many mostly Black homeowners who have built these communities, like Bed-Stuy, and they are being pushed out," she said.Thankfully for Been, the case against him won't continue. A JPMorgan Chase spokesperson delivered the good news to him on Tuesday."Mr. Been will not be evicted from his home. We are committed to honoring those who have served," the company said.But Councilmember Robert Cornegy of Brooklyn said Been's story represents a much bigger problem for vulnerable seniors."There are hundreds — probably thousands — of people like Been, but they don't want to come forward. They are embarrassed," Cornegy said.Cornegy said he's fighting to keep the money in the city's budget for deed theft prevention and foreclosure prevention to help protect seniors at risk of losing their homes.This story was originally published by Monica Morales on WPIX in New York City. 1956
New York City is hugely expensive. But until March of this year, one woman was lucky enough to occupy a two-bedroom apartment in Greenwich Village -- one of the city's most desirable neighborhoods -- for the astonishing rent of .43 a month.Yes, twenty-eight dollars. That's not a typo.Patricia O'Grady moved to New York in 1955 to pursue a career as an actress. She and three girlfriends found a modest 2-bedroom apartment on the top floor of a four-story, mixed-use commercial building. 498