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CORONADO, Calif. (KGTV) -- World War II veteran Tom Rice has a lot of war stories. “All that we did was new and experimental because we had experimental and brand new equipment that we weren’t supposed to tell anyone about,” said Rice.Rice grew up on Coronado. He joined the 101st Airborne Division as a paratrooper in 1941 after graduating high school.“I’d never been in a plane. I’d hardly ever seen any planes because I always lived right here.”After training in Georgia, Rice parachuted into Normandy on D-Day. “I’m in the door looking out straight and I could just see all the fireworks coming up. It was, it felt like a Fourth of July thing. When I stepped out, the prop blast hit me. So I’m hanging on the outside and the rest of the guys are going underneath me.”Rice landed safely even though a bullet struck his parachute. “I was black and blue for about three weeks.” He went on to win several Purple Hearts and France’s Legion of Honor.Despite being 97-years-old, Rice still parachutes out of an airplane every year on the anniversary of D-Day to pay tribute to his fellow paratroopers. “I’ll keep jumping until I’m 100.”In honor of his courage, Rice will be the Grand Marshal of Sunday’s Mother Goose Parade, the same parade he enjoyed with his children decades ago.“There’s going to be an awful lot of people there. It’s going to be something.”The parade is in it’s 72nd year. It begins Sunday, November 18, at 1 p.m. The route travels along Main Street from El Cajon Boulevard to 1st Street. 1514

Claire's has filed for bankruptcy. The hub for ear piercings at malls across America is the latest retailer to succumb to its massive pile of debt.Claire's, which says it has pierced more than 100 million ears around the world, reached a restructuring agreement with its creditors. In a Chapter 11 bankruptcy filing on Monday, Claire's said it will reduce its by debt .9 billion. It held .1 billion in debt at the end of 2017.The company will continue to operate its approximately 1,600 Claire's and Icing brand stores in the United States during the bankruptcy process and expects to complete it by September. International stores are not part of the restructuring agreement."This transaction substantially reduces the debt on our balance sheet," Claire's CEO Ron Marshall said in a statement. "We will complete this process as a healthier, more profitable company." Marshall came from now-defunct bookstore chain Borders. Claire's struggles stem from a deal it struck more than a decade ago that left it burdened with debt.In 2007, Apollo Management, a private equity firm, bought Claire's for .1 billion and took the company private in what's known as a leveraged buyout.Claire's could never escape its debt load. As traffic slowed to its brick-and-mortar stores, shoppers moved to digital channels and fast fashion chains such as H&M, Zara and Forever 21 chipped away at sales.Claire's joins a long line of retailers that have filed for bankruptcy in recent years, including Toys "R" Us, Payless Shoes, Gymboree, Rue21, The Limited and RadioShack.Toys "R" Us, another company left deep in debt from a leveraged buyout, said last week that it was liquidating its 735 stores in the United States.Claire's believes a lighter balance sheet will help it avoid Toys "R" Us' fate and still remain a "Girl's Best Friend." And the company says its business is Amazon-proof because you can't pierce your ears online.The-CNN-Wire 1940

CLEVELAND — Who’s been at a store buying holiday gifts and then the cashier asks, “do you want to sign up for our credit card today?” They might offer a discount or something else, but should you sign on the dotted line?“They make it easy. They really make it easy,” Leanne Smith said.Smith is from Solon and knows how stores can tempt you with their credit cards, but she’s sticking to her Target Red Card for now.“I don’t think it’s a responsible thing for me to have one at every store,” she said.Tedd Rossman from CreditCards.com said that if you ever plan on carrying a balance, store cards aren’t going to be the best option for you.“While sometimes these store cards can work for you, most of the time, they’re not the most consumer-friendly option,” Rossman said.That’s because Rossman says the average store credit card has an interest rate of 25%, some as high as 29.99% such as Discount Tire, Big Lots and jewelry store cards like Kay Jewelers.“These cards are not as selective about credit quality, which is why the retailers and their bank partners say they have to charge such high-interest rates,” Rossman said.CreditCardInsider.com recently rated various popular store cards based on various things like interest rates.Here are those results:Target - 24.4%Old navy - almost 26% (25.99%)Walmart - roughly 18-27% (17.99%-26.99%) interestNathan Grant from CreditCardInsider.com said you shouldn’t just sign-up at the checkout on a whim even if there’s a discount offered or cashback incentives.“The percentage of interest you’re paying might end up calculating to be more than what you got from spending on the cards,” Grant said.According to Grant, some of the better retailer cards are:Amazon prime cards with lower interest rates—5% back on Amazon purchases and gift cards when you sign up. Target—higher interest rate, but 5% back. And the only one rated excellent is Costco’s card, which has a 15% rate and various cash back options and good rewards on gas purchases.But keep this in mind: In a survey of nearly 3,000 shoppers nationwide, more than 40% said they regretted signing up for a retail credit card. Plus, one out of five in the survey said they carried a balance from the last holiday season, and more than 50% said they’ve paid interest on a retail store card.“That’s kind of like a wake-up call even to myself to be like I got to make sure that I’m always smartly shopping if I’m using credit cards,” Grant said.For Smith, she said she’s only carried a balance a couple of times in the past 20 years because she knows “if you can’t pay it, you really shouldn’t buy it just because you have a credit card.”Retail credit cards can give you benefits especially if you’re loyal to the business. It could help you build credit, but you’ll want to pay off your balances every month and spend responsibly.And another thing to watch out for is deferred interest. Even if you owe just one dollar by the time the term ends, you could end up paying interest on the entire amount you initially financed.This story originally reported by Jonathan Walsh on News5Cleveland.com 3102

CINCINNATI — Double majoring in neuroscience and organizational leadership is more than enough to fill the plates of most people.However, University of Cincinnati senior Megdelawit Habteselassie also finds time to serve as student body president and as a member of the UC alumni council.Students have elected other women as student body presidents before Habteselassie, who goes by her family's generational nickname of Sinna. However, she is the first African-American woman to hold the position in UC's 199-year history."I wish it happened sooner," said Habteselassie, 22, from her office in the Steger Student Life Center.The Ohio native's parents emigrated to the United States from Ethiopia more than 20 years ago. She initially planned to go into medicine but decided her passion was in social justice."I want to go into international law and perhaps work for the Gates Foundation, which does phenomenal things for sustainable development," said Habteselassie.However, for now, she is focused on her duties as student body president, which were plenty during the run-up to the university's homecoming earlier this month.She credits a strong network of women, including several mentors, for encouraging her to run."It's good to know that I am in this role because a lot of women helped me be here, and I would certainly say that if those kinds of conversations had happened sooner there probably would've been the first black woman president a lot earlier," she said.Habteselassie said studies show that women need to be asked several times before they will consider running for elected office. That was indeed the case for her, she said, but students greeted her candidacy warmly once she committed to running."It's amazing to see so many people ready for that change on our campus and to welcome me into this leadership role," Habteselassie said .Student body vice president Umaize Savani believes Habteselassie is giving a voice to those whose voices are not heard as loudly as others."To me, it shows that a change is coming to UC and to this country. I also think this reflects the changes that have taken place at UC over the last four years," Savani said.Habteselassie and Savani campaigned on a platform centered around holistic health and specifically destigmatizing issues surrounding mental health."We're working on doing a 'love yourself' campaign on campus and raising money for a mental health advocate award, and we have our co-directors of mental health awareness, who are really striving to expand what it means to be healthy," Habteselassie said.Debra Merchant, vice president of student affairs, said she believes Habteselassie is making the most of every moment."Her leadership opens 'thought doors' for everyone," Merchant said. "I'm a big believer in 'You can't be what you can't see.' Sinna's engagement with students, faculty and staff sends the important message throughout our UC community that leadership is open to all."Habteselassie has a knack for connecting with all types of students, Savani said."She knows how to speak to the student that is struggling while also being able to see eye to eye with a football player," Savani said. "Her respect and love for every single Bearcat continues to astonish me every single day."Habteselassie will graduate this year and plans to move to Washington, D.C., to work for a few years before going to law school.In the meantime, she hopes her election opens doors for women after her."I think the one thing that I think about is -- my mom tells me this, too -- 'Make sure you're not closing the doors behind you and to ensure that you're lifting when you climb,'" she said. 3687

CORONADO, Calif. (KGTV) - Coronado city leaders will begin cracking down on the dockless bicycle trend rolling around San Diego, imposing fines and impounding bikes left on the island.City leaders have moved to declare the transportation alternative a public nuisance and will start impounding bikes left in the city. Coronado has banned bike-sharing companies from setting up shop on the island, but riders are allowed to pick them up and ride them into the city.Therein lies Coronado's problem. Much like the trend around San Diego, Coronado residents have grown concerned with bikes being left on sidewalks and in the right-of-way.Ken Hewitt is one of several local bike shop owners who fought to keep the bikes off the island. "Every bike you see going by there is a potential rental," he said. "We're a small island here.  San Diego's got a lot more real estate and a lot more spaces."So, now the city plans to tag any bikes left in the public-right-of-way, remove them, and charge the companies - to pick them up. The bikes are GPS-enabled, so the city and residents say the companies should know exactly where to find them. 1174