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NEW YORK (AP) — Mall owners Simon Property Group and Brookfield Property Partners are close to a deal to buy department store chain, J.C. Penney, out of bankruptcy and keep the chain running. Penney's lawyer Josh Sussberg announced the tentative pact, which will save roughly 70,000 jobs, during a brief hearing in bankruptcy court Wednesday. More than 600 stores are expected to be saved, USA Today reported.According to the Wall Street Journal, Simon and Brookfield will own about 490 locations and a group of lenders will own 160 stores.Sussberg noted that a letter of intent including details of the pact will be filed with the bankruptcy court the next day. The 118-year-old department store based in Plano, Texas, filed for bankruptcy protection in mid-May, one of the biggest retailers to do so since the pandemic temporarily shut down non-essential stores around the country. 891
NEW YORK (AP and KGTV) — Sears is closing 80 more stores, including six locations in San Diego, as it teeters on the brink of liquidation.The iconic retailer, once the nation's largest department store chain, set a deadline of Friday for bids for its remaining stores to avert closing down completely.Sears has not received any bids as of Friday afternoon.The retailer that began out as a mail order catalog in the 1880s has been in a slow death spiral, hobbled by the Great Recession and then overwhelmed by rivals both down the street and across the internet.The 80 stores are due to close by March. That's in addition to 182 stores already slated for closure, including 142 by the end of 2108 and 40 by February. The company filed for Chapter 11 bankruptcy protection in October , saying at the time it would close more than 20 percent of all stores, keeping open only its 500 most profitable locations.Sears Holdings Corp., which also runs Kmart, joins the list of retail brands taken over by hedge funds that collapsed under the weight of debt forced upon them.Under hedge fund manager Eddie Lampert, Sears has bought time by spinning off stores and putting on the block the brands that had grown synonymous with the company, such as Craftsman. The company's chairman and biggest shareholder, Lampert loaned out his own money and put together deals to keep the company afloat and to turn whatever profit he could for ESL hedge fund. Lampert and ESL have been trying to buy the rest of Sears for up to .6 billion in cash and stock.But no official bid appeared to have emerged as of 4 p.m. E.T. Friday. Sears declined to comment. 1642

NFL fans will see history made this season, and it has nothing to do with what goes on between the goalposts.The Los Angeles Rams and the New Orleans Saints will have male cheerleaders dancing on their squads for the first time.Dancers Quinton Peron and Napoleon Jinnies have been preparing for the NFL season since they made the Rams cheerleading squad in March."Still can't believe I'm one of the first males in history to be a pro NFL cheerleader!" Jinnies tweeted after being selected. 497
NEW PALESTINE, Ind. -- A huge snake spotted on a tree along a nature trail in New Palestine, Indiana is making people's skin crawl. Sandi Whitaker said she spotted the giant black snake while walking along the trail in the back of her neighborhood Sunday. WATCH | Huge rattlesnake spotted at Brown County State ParkIt is unclear what type of snake it is at this time, but a spokesperson with the Department of Natural Resources told Scripps station WRTV in Indianapolis it appears to be a large rat snake or a grey rat snake. Both of those species can grow to be four to five feet long and are good climbers. Neither are venomous. 671
NEW YORK (AP) — Under financial pressure from sex-abuse litigation, the Boy Scouts of America are seeking to bolster their abuse-prevention efforts with a new awareness program featuring cartoon-style videos that will be provided to more than 1.2 million Cub Scouts across the nation.Targeted at children from kindergarten to sixth grade, the series of six videos aims to teach children how to recognize potentially abusive behavior and what to do if confronted by it.The initiative, being announced Thursday, comes as the Boy Scouts face a potentially huge wave of abuse-related lawsuits after several states enacted laws this year making it easier for victims of long-ago abuse to file claims. The Boy Scouts acknowledge that the litigation poses a financial threat and have not ruled out seeking bankruptcy protection.The bulk of the newly surfacing abuse cases date to the 1960s, '70s and '80s; the BSA says there were only five known abuse victims in 2018 out of 2.2 million youth members. The BSA credits the change to an array of prevention policies adopted since the mid-1980s, including mandatory criminal background checks and abuse-prevention training for all staff and volunteers, and a rule that two or more adult leaders be present with youth at all times during scouting activities.The Boy Scouts' youth protection director, former police investigator Mike Johnson, decided to add the videos to the prevention program after vetting them with parents of Cub Scout-age children and with children themselves."Parents told me they're having these conversations with their kids, and they felt the videos would help them have a better, richer conversation," Johnson said. "The kids are engaged. ... There's some heavy topics discussed in a child-specific way."Previous BSA prevention videos featured real people, not animated characters."The power and magic of animation, and its ability to communicate with kids — I underestimated it," Johnson said.The videos and related learning materials were developed in 2015-16 by psychologists and other experts recruited by the Barbara Sinatra Children's Center , a nonprofit in Rancho Mirage, California, that specializes in helping children affected by abuse.Jon Conte, a University of Washington professor emeritus who helped develop the videos, summarized their purpose this way: "Providing children with the knowledge and skills to identify risk situations and to avoid, escape or disclose abuse before it happens or after it happens once."The videos target two age groups: kindergarten through third grade and fourth through sixth grade. Each series features a boy and girl who talk about experiencing abusive situations — for example, with a neighbor or coach — and explain how they used a set of "Protect Yourself Rules" to avoid harm.One of the rules, in case of abuse: "Shout, run, tell." Another rule is "Safe touch, unsafe touch" — being wary of anyone touching the child on a part of the body that their bathing suit would cover."Unsafe touches are scary and confusing, because they can seem playful or gentle," says a character in the video for kindergarteners.The videos for older children extend beyond sex abuse, addressing bullying, domestic violence and online dangers.The accompanying lesson materials will be required for all Cub Scout units. For example, second-graders at the rank of Wolf would be asked to identify five trusted adults to whom they could report an abuse incident. They'd also be asked to demonstrate how they would say "No" to someone making them uncomfortable.John Thoresen, the Sinatra Center's chief executive, said the videos are used in many schools in the U.S. and abroad, and have been viewed by more than 100 million children since 2017.Thoresen said the videos' boy and girl characters are a good fit for the Cub Scouts, which last year ended a boys-only policy and now have about 78,000 girls in the ranks.Within the next year, the Sinatra Center plans to complete animated anti-abuse videos for older youths. Johnson said the Boy Scouts might be interested in using them for its program serving boys and girls aged 11-17.The BSA's current youth participation of 2.2 million is down from more than 4 million in peak years of the past.In many ways, the BSA's challenges related to sex abuse parallel those facing the Roman Catholic Church in the U.S. Both institutions boast of major progress over the past 20 or 30 years in combatting sex abuse — whether by priests or scout leaders — but both face numerous lawsuits alleging negligence and cover-ups, mostly in prior years.Founded in 1910, the BSA has kept confidential files since the 1920s listing staff and volunteers implicated in sexual abuse, for the avowed purpose of keeping predators away from youth. According to a court deposition, the files as of January listed 7,819 suspected abusers and 12,254 victims.Until late May, the BSA had insisted it never knowingly allowed a predator to work with youth.On May 27, The Associated Press reported that attorneys for abuse survivors had identified multiple cases in which known predators were allowed to return to posts as unit leaders. The next day, BSA chief executive Mike Surbaugh wrote to a U.S. House committee, acknowledging that the group's previous claim was untrue."I have reviewed information that now makes clear to me that decades ago BSA did, in at least some instances, allow individuals to return to Scouting even after credible accusations of sexual abuse," Surbaugh wrote. "I am devastated that this ever occurred." 5547
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