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 Sears is seeking court approval to pay executives as much as million in quarterly bonuses while the company struggles to restructure in bankruptcy.Three top executives could get nearly million each if the company goes out of business. If Sears remains in business, they could get nearly 0,000 each for hitting the top performance targets.Sears filed two different types of bonus plans in bankruptcy court?Thursday. The first is for the top 18 "key" executives, who would collectively get as much as .1 million per quarter. The bonuses would only be paid in full if Sears reaches its cash-flow targets. Sears Holdings, which includes both Sears and Kmart, has been burning through cash at a rate of about 5 million a month.A second retention bonus plan was designed to encourage 322 other unnamed executives to stay put during Sears' reorganization. They would collectively get .9 million a quarter, which works out to an average of about ,000 per quarter per executive. No executive could receive more the 0,000 in bonuses for staying with the company during the bankruptcy process.A judge's approval is needed before the bonuses could be paid. A hearing on the plans is set for December 20.The company wants to retain as many executives as it can, but Sears is laying off employees who staffed?hundreds of stores it is closing. Many hourly workers claim they will not be paid severance.Shelia Brewer, who worked for 17 years as a full-time hourly employee at a Kmart in Rockford Illinois, said the company told her she'd get eight weeks of severance. Instead, she received a letter saying that severance payments were being halted because of the bankruptcy, and she would get only the four weeks of pay she had already received."It hit me hard. I was already struggling as it was," she said. She said the bonus plan makes her angry."They say we can't get our severance because there's no money, but they're getting bonuses? It's like a slap in the face," she said.A Sears spokesman declined to comment on the bonus plan or its current severance policy.Eddie Lampert, the company's primary shareholder and chairman, apparently will not receive a bonus, according to the filing.The three top executives who were given the responsibility for running the company during its reorganization are in position for the largest bonuses. They are Chief Financial Officer Robert Riecker, Chief Digital Officer Leena Munjal and Gregory Ladley, president of the company's clothing and footwear business.Each could receive as much as 0,000 a quarter in bonus payments for hitting the maximum cash flow targets. They could receive four times that much if Sears goes out of business, in something the company called an "acceleration event."Retention bonuses for top executives are not unusual when companies go bankrupt. But bankruptcy law limits how much severance companies can pay.Toys "R" Us won approval for up to million in bonuses for 17 top executives a year ago during its failed attempt to stay in business, despite objections from employees groups and others."It's outrageous that the bankruptcy court is considering bonuses for Sears' high paid executives while laid off employees get their severance pay cut off," said Carrie Gleason, campaign manager for Rise Up Retail, a retail employee advocacy group. "This is exactly what happened at Toys 'R' Us. A handful of executives who couldn't save the company got millions in bonuses while tens of thousands of dedicated employees were denied their promised severance pay." 3581

With Independence Day drawing near, a recent tragedy and subsequent recall highlight the possible dangers of rockets and other explosives: Grandma's Fireworks in Indiana recalled 18 products, totaling 25,000 individual fireworks, after an explosion caused a boy to lose his hand, the 296

SAN DIEGO (KGTV) — Police believe a University of San Diego professor accused of making threats against fellow professors may have a gun in his possession.Last week, 10News reported on the ordeal unfolding inside USD's Theology and Religious Studies Department: Fliers circulating with three pictures of professors, labeling them "fascists" and urging boycotts of their classes. Versions of the flier with gun cross-hairs were slipped under those professors' doors. 10News has learned two of those professors have filed for restraining orders against fellow professor Louis Komjathy, now suspended by the school.RELATED: Professor accused of threats made against University of San Diego professorsSan Diego Police filed for their own gun violence restraining order to take away any weapons, a request granted by a judge citing "credible information" Komjathy owns one or more firearms, ammunition or magazines. In the restraining order petition, officers say when they asked him about owning a gun, he said, "I do not. Search my apartment and my car if you want."Meanwhile, there are new details about Komjathy's motive for the fliers. Komjathy had been passed over for a promotion, and in the police interview, he reportedly said, "It was supposed to be symbolic representation of having a target on their backs and being singled out. I did not mean to infer violence on anyone ..."The possibility of an actual gun is once again sparking lingering questions raised at a recent student protest, concerns the school didn't notify students in time. The university releasing an email about the fliers about a week after they were first discovered.A spokesperson with the school reissued the following statement: "Our commitment to protecting employee privacy restricts our ability to share further details of an incident that clearly violates university policy and is antithetical to our mission and values. Please rest assured that we take every step to ensure the safety and well-being of our campus community. The University does not tolerate conduct of this nature and is responding with the seriousness that this situation warrants. We have offered and continue to offer assistance and support services to those who felt they needed it. Counseling and other support services are available to all members of the USD community."10News reached out to police to find out if any weapons were turned over and are waiting to hear back. 2440

Would you go on a date just to get a free meal out of it?According to research in the journal, Social Psychological and Personality Science, they found 23% to 33% of women 184

"This is a very historic day for our Nation & I don't take this moment lightly. Today is possible due to the perseverance of those who went before me serving as an inspiration to me and many others." -@GenCQBrownJr pic.twitter.com/m88EurAaNJ— U.S. Air Force (@usairforce) August 6, 2020 298

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