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Toys 'R' Us is filing for bankruptcy protection.The toy retailer has filed for Chapter 11 bankruptcy protection in the United States, it said in a statement on Monday. Meanwhile, it said its Canadian subsidiary will "seek protection in parallel proceedings" in the Ontario Superior Court of Justice.The company said it will use the proceedings to restructure its billion outstanding debt. 399

There is a good chance this pandemic is having you go to the gas station less often. Fewer trips to the store, after all, means fewer fill-ups.While that may be good for your wallet, it's bad news for governments who rely on gas taxes to fund transportation construction projects. THE ISSUEFor every gallon of gas you buy, 18 cents goes to the federal government and the Highway Trust Fund. That money is then used to pay for transportation projects around the country. Additionally, each state imposes their own gas tax which can range from 14 cents to 57 cents per gallon of fuel. States use that money to fund transportation projects of their own. Simple economics suggest that when Americans drive less, there will be a loss in revenue for states. States are also losing money with sales taxes, tolls and DMV registrations, which is making a problem even worse. WHAT'S BEING CANCELED"The state is collecting less of that money," Alison Black, Chief Economist with the American Road & Transportation Builders Association, said. Black's organization has been tracking which states are cutting projects.Currently, 14 states have announced project delays or cancellations, valued at nearly .5 billion. These include Florida, Georgia, Hawaii, Kentucky, Mississippi, Missouri, Nevada, New Mexico, North Carolina, Ohio, Pennsylvania, Vermont, Washington, and West Virginia. There are 19 local governments and authorities that have announced project delays or cancellations, totally more than .54 billion. Ten states or local areas have vetoed, canceled, or postponed legislative initiatives or ballot measures related to transportation funding because of the pandemic. This includes several major initiatives in California's self-help counties. RELIEF COMING?Many states are lobbying for Congress for a bailout, but that is far from certain. While President Donald Trump, this week, did cut environmental regulations to speed up infrastructure projects, his announcement doesn't address the funding gap. 2017

There are 88 national park forests in the US you could choose from that would allow you to cut your own Christmas tree.And all you need is a Christmas tree cutting permit.According to the U.S. Forest Service, visitors need a Forest Service-issued permit, which is available for purchase on the Recreation.gov website or at local offices.According to a press release, the Forest Service began selling permits in a "modernize" way on Oct. 15, as a way to minimize in-person interaction during the coronavirus pandemic.The program, the agency said, is also good for the forest."The Christmas tree permit program is also a tool used in thinning dense, unhealthy stands of trees," the agency stated in an October press release. "Forest health experts help identify areas where Christmas trees can be cut, opening up forage for wildlife and allowing the remaining trees to grow larger."According to the Forest Service, there are specific guidelines to follow, including having your permit on you at all times. You'll also need to contact the forest district office nearest you for cutting instructions.The permits will set you back between to , varying by location. 1173

This year has been … wild. As many of us look ahead to 2021, it’s probably with a mix of hopefulness and optimism.The Pantone Color Institute, the color authority in the design industry, has revealed that the Color of the Year for 2021 is actually two colors, Ultimate Gray and Illuminating Yellow.“The selection of two independent colors highlight how different elements come together to express a message of strength and hopefulness that is both enduring and uplifting, conveying the idea that it’s not about one color or one person, it’s about more than one,” said Leatrice Eiseman, Executive Director of the Pantone Color Institute, in a press release.“Practical and rock solid but at the same time warming and optimistic, this is a color combination that gives us resilience and hope. We need to feel encouraged and uplifted, this is essential to the human spirit,” Eiseman added.This is the first time a shade of gray has been selected. Next year will be the second time two colors will share the spotlight, the first time was in 2016.Pantone has been selecting a Color of the Year for the last 22 years. The selected color typically influences packaging and product development."Our goal is to engage people in a conversation around color," Laurie Pressman, vice president of the Pantone Color Institute, told CNN. "It has to be organic. It has to be truthful to what's taking place."This color combination already popped up on fashion runways this fall, and will likely be seen on more products, apparel, home furnishings and packaging.They had selected Classic Blue for 2020, as a sense of reassurance as the world moved into a new decade."In retrospect, now we look back at it and think, 'Well, that was a fortuitous choice for the year,'" Eiseman told CNN recently. 1784

There was a disturbance in the Force at the box office this weekend.Disney and Lucasfilm's "Solo: A Star Wars Story," a prequel film about the origins of Han Solo, made an estimated 1 million domestically for its four-day weekend opening which includes the Monday holiday, according to Disney. That makes "Solo" the smallest opening for a "Star Wars" film since 2002.The number, while being the biggest Memorial Day Weekend debut in the last four years, is also solidly under industry expectations. Initial projections on Tuesday had the film bringing in 0 million to 0 million in North America. Those projections were adjusted down on Friday to 5 million to 5 million.Overall, the film made 8 million worldwide. "Rogue One," Disney's other "Star Wars" spinoff that was coming off the huge success of "The Force Awakens," made 0 million globally for its debut in December of 2016.So even though 1 million is still a solid opening that most film franchises would love to have, success is judged differently for the galaxy far, far away."Anytime the numbers come in lower than projections, there is a feeling of disappointment and the 'Star Wars" brand for better or worse is always subject to lofty box office expectations," said Paul Dergarabedian, senior media analyst at comScore. "That sometimes even puts a film that opens with around 0 million under scrutiny."So what happened? For "Solo," it could be a mixture of things from brand fatigue?(the last "Star Wars" film was just in theaters five months ago) to the film facing more competition in the summer season.The Memorial Day weekend, which has in recent years struggled to get audiences to leave their BBQs and head to the movies, could have also played a factor.So what do the returns for "Solo" mean for the franchise going forward?"The franchise will be fine," Dergarabedian said. "The long wait until 'Episode IX' is actually going to be a good thing for the franchise... a bit of breathing space is needed to build back up the huge excitement that every 'Star Wars' film deserves." 2096