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NEW YORK — A federal appeals court ruled Wednesday morning that New York District Attorney Cyrus R. Vance Jr. can get access to President Donald Trump's personal and corporate tax returns.The ruling by a three-judge panel in New York rejected the president’s argument that the subpoena for his taxes should be blocked because it was too broad, and could be seen as political harassment from the DA.Vance says his office will not enforce the subpoena for 12 days in exchange for the president’s lawyers agreeing to move quickly, according to the New York Times.It has been over a year since the district attorney first subpoenaed eight years of Trump’s tax returns and other financial records as part of an investigation into the president’s business practices.Wednesday’s decision is the fifth time courts have rejected Trump’s attempts to block the subpoena. His lawyers are expected to appeal the ruling to the United States Supreme Court.Vance has not revealed the details of his office’s investigation, however court papers suggest they are looking at a range of potential crimes including tax and insurance fraud and falsification of business records, according to the New York Times. 1197

NEW YORK (AP) — J.C. Penney says it is closing 154 stores nationwide in what it is calling the first phase of its efforts to shrink its footprint. According to USA Today, the retailer received bankruptcy court approval on Thursday to begin liquidation sales at stores that are permanently closing. The Plano, Texas-based retailer said it could take about 10 to 16 weeks to complete the closures. “While closing stores is always an extremely difficult decision, our store optimization strategy is vital to ensuring we emerge from both Chapter 11 and the COVID-19 pandemic as a stronger retailer with greater financial flexibility to allow us to continue serving our loyal customers for decades to come,” said Jill Soltau, chief executive officer of JCPenney in a press release. “I am incredibly grateful to our talented associates for their ongoing dedication and their passion for meeting and exceeding our customers’ expectations during this difficult and uncertain time. All impacted associates will be treated with the utmost consideration and respect.”Penney filed for bankruptcy protection last month, making it the biggest retailer to do since the coronavirus pandemic forced non-essential stores to be shut down temporarily. As part of its bankruptcy reorganization, Penney said it planned to permanently close nearly a third of its 846 stores in the next two years. That would leave it with just over 600 locations. 1431

NEW YORK (AP) — “Sesame Street” has always pressed for inclusion. Now in the wake of the national reckoning on race, it’s going further — teaching children to stand up against racism. Sesame Workshop — the nonprofit, educational organization behind “Sesame Street” — will air the half-hour anti-racist special “The Power of We” and hopes families will watch together. The special defines racism and shows how it can be hurtful. It urges children who encounter racism or hear someone else be the victim of it to call it out. The show will be composed of skits and songs in a Zoom-like format that will stream on HBO Max and the PBS 24/7 streaming channel Oct. 15, and air on PBS Kids the same day.Gabrielle the Muppet advises: “When you see something that’s wrong, speak up and say, ‘That’s wrong’ and tell an adult,” 824

New England braced Tuesday for its third nor'easter in less than two weeks, which threatens to hit the region with as much as 2 feet of snow.The latest storm, coming in the aftermath of two deadly nor'easters and resulting blackouts, is also expected to bring coastal flooding and powerful winds.On top of that, it could reach "bomb cyclone" status, a severe drop in atmospheric pressure that would bring heavy snow and winds. 434

New research shows more people 65 years old and older are filing for bankruptcy instead of retiring. The biggest cause of bankruptcies, according to a recent CNBC report, are medical bills. “Insurance, no matter what kind of insurance one has, typically only goes so far," says bankruptcy judge William J. Lafferty. "And when one has to actually start paying for those expenses, they rack up very quickly. It’s an immediate game changer for most families.”Another large factor is losing a job.  527