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(CNN) - As the Dow was on pace for its best day of the year, and a report showed American stores had their best holiday season in six years, JCPenney's stock fell below for the first time since it started trading in 1929.That's pretty much everything you need to know about the state of JCPenney (JCP).The 110-year old company hasn't been profitable since 2010 and its prospects are bleak. JCPenney is billion in debt with a junk credit rating, a sinking cash hoard and no sign of a turnaround.With few shoppers coming to stores, JCPenney faces inventory and supply chain struggles and no clear marketing plan or strategy. The company has been forced to offer steep discounts on clothing to clear its massive inventory glut.Last month, JCPenney reported a 1 million third-quarter loss and a 5.4% drop in sales. The stock has fallen 68% this year and nearly 30% in December alone.Jill Soltau, formerly the boss of Jo-Ann Stores, became CEO in October — the company's fourth in six years. Soltau has her work cut out for her.The company's leaders said they are considering closing some of JCPenney's remaining 860 stores. That might help JCPenney in the near-term, but its long-term prospects are questionable. The company has a .1 billion debt payment due in 2023. Wall Street analysts are skeptical about JCPenney's ability to repay that money.A spokeswoman for JCPenney declined to comment.The company never really recovered from the Great Recession. It lost shoppers to cheaper sellers a decade ago and struggled to bring them back as the economy began to rebound.JCPenney plowed through its cash reserve in an expensive makeover after it hired former Apple Store chief Ron Johnson as its CEO in 2011. The plan didn't work, and Johnson was fired after 17 months on the job.It lacked the cash to improve stores, buy trendy merchandise or hire more employees.The company switched its focus several times over the past few years: from older shoppers to younger, trendier ones, back toward middle-aged women.JCPenney has recently changed its merchandising strategy, chasing proven sales trends instead of filling up stores with inventory. It started selling appliances a few years ago, but that strategy hasn't paid off either. 2244

"Michael, I'm proud of you for finally beginning to tell the truth about what you did, and trying to repair some of the harm you have caused. I can hear the pain and regret you feel for betraying your family and your country. My heart goes out to you and your whole family. 281

SAN DIEGO (KGTV) – American students who are on a budget are opting to get their medical school education south of the border.Carlos Rodriguez is a young American man who got his white coat in Tijuana after failing to get into any U.S. medical schools. "When you receive that rejection letter, you feel like everything you did was for nothing," he says, adding, "When I saw this opportunity to go to Mexico, I took it. I was like, 'This is all [I've] got.'" MAKING IT IN SAN DIEGO: San Diego community college programs open up job opportunities According to The Princeton Review, fewer than half of all applicants get accepted to U.S. medical schools. Those who are accepted will pay an average of more than ,000 a year for private school. Rodriguez enrolled in a private school in Mexico where he says his tuition is only about 0 per month, and the cost of living is even lower. "My electricity is 20 pesos, which is not even equivalent to a dollar or two," he adds. "It's going to be a little fraction in comparison to the American tuition fees," says Dr. Eduardo Tanori, a professor at UC San Diego. He helps international medical school graduates prepare for the U.S. board exams. His students come from around the world, including Mexico. "We have several very good and competitive medical schools in Mexico," he adds. Making It in San Diego: Renting is cheaper than buying a home, study shows Dr. Tanori says the cost of medical education in Mexico is low, but the quality is generally high. He tells 10News that his students' passing rate for U.S. licensing exams is more than 90%. Another benefit to Mexican medical school is the ability to become a bilingual provider, says Rodriguez. "Medical terms in Spanish are probably a letter or two different from English, so it got easier. The more I practiced it, the more I learned it," he adds.He's now inching closer to fulfilling his dream of becoming a cardiovascular surgeon. 1948

(AP) -- Twitter CEO Jack Dorsey says the company was wrong to block weblinks to an unverified political story, a move that had prompted cries of censorship from the right. Dorsey tweeted Friday that “straight blocking of URLs was wrong" and the Twitter has updated its policy and enforcement to fix it.Dorsey was weighing in after an executive at the social media company announced changes to its policy on hacked content. Twitter and Facebook had moved quickly this week to limit the spread of the story published by the conservative-leaning New York Post citing unverified emails from Democratic presidential nominee Joe Biden’s son. 643

(AP) -- Vice President Mike Pence says he doesn't want to say "Black Lives Matter" because he doesn't agree with what he believes is the political message behind it. Pence told CBS on Sunday that he stands against racism and that George Floyd's death was inexcusable, but that "all lives matter." He said he is opposed to the Black Lives Matter movement because he believes it is pressing for a radical left agenda. He also says African American leaders have made clear to the Trump administration "they want law and order" and "peace in our streets." 559

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