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Following lackluster holiday sales, Toys 'R' Us will sell or close all 800 of its remaining stores, a source told the Washington Post on Wednesday. In January, the company announced that it was closing 182 locations in 2018. Wednesday's news could affect up to 33,000 jobs with the company. The company is in the midst of bankruptcy, and is facing nearly billion in debt dating back to 2005. The company filed for bankruptcy six months ago, and has yet to find a buyer. Meanwhile, sales at brick and mortar retailers continue to drop. The Wall Street Journal reported last week that company was preparing to abandon restructuring efforts, and prepare to liquidate its stores. Earlier on Wednesday, the company announced that it is closing its remaining 75 locations in the United Kingdom  834

Forget about drones and armies of people driving Amazon trucks. One big Wall Street firm thinks Amazon's plan to build up its air freight delivery service may be what really winds up hurting UPS and FedEx.Morgan Stanley analyst Ravi Shanker said in a report Tuesday that both delivery giants could lose 10% of their revenue to Amazon Air by 2025. Shanker cut his price targets on UPS (UPS) and FedEx (FDX) and both stocks plunged more than 6% as a result.It was a particularly gruesome day for transportation stocks due to worries about the broader economy and confusion about the status of US-China trade talks.The Dow Jones Transportation Average, which includes FedEx and UPS as well as leading airlines, truckers and railroads, fell 4.4% -- its worst drop since June 2016.But Shanker paints a picture that should be extremely worrisome to UPS and FedEx.He notes that Amazon (AMZN), which currently is leasing 40 cargo jets, could eventually have 100 planes running and estimates that the planned Amazon Air routes could overlap with more than two-thirds of the volume flown by UPS and FedEx.That's bad news for both companies since Shanker said that UPS and FedEx each generate nearly 20% of their overall revenue from US air deliveries.Amazon has made big investments to bulk up Amazon Air. In the past few years, it has bought stakes in two freight delivery airlines -- Air Transport Services Group (ATSG) and Atlas Air Worldwide Holdings (AAWW).It also announced plans to invest .5 billion in order to build an Amazon Air hub on more than 900 acres of land that it is leasing near the Cincinnati/Northern Kentucky International Airport. Amazon bought an additional 210 acres earlier this year.There's a simple reason why Amazon will want to handle more of its own air deliveries. According to Shanker, Amazon could save between billion and billion next year. That works out to about 3% to 6% of its global shipping costs.But on a day when the broader market was tanking, investors didn't seem too enthusiastic about Shanker's thoughts on Amazon either. Shares of Amazon fell nearly 6%. 2113

First it was Hurricane Harvey, then Irma. And in the end, millions of people desperately need help.If you weren't directly affected and would like to chip in, the good news is that many companies will let you double your donation.How to extend your giftThe American Red Cross has become the go to charity for victims of both hurricanes. And it has partnered with a number of big corporations, who are promising to match your gift, giving it double and even triple the impact.If you are in Walmart or Sam's Club in the coming days, look for signs at cash registers explaining how to donate and get their match, through Saturday, Sept. 16. Walmart has promised to match donations two-to-one with cash or products.You can do it in store, or at Walmart's website.Also, many employers are doubling their workers donations.Apple, Facebook, Google, Microsoft and AT&T are among those who have been matching employee gifts, some two-to-one. Be sure to check with your specific employer to see if they're offering a similar initiative.Beware of donation scam emailsBut be cautious of scammers who want to take your donations.Watch out for email phishing scams claiming to be from the Red Cross and other charities, asking you to donate. Several federal agencies, including the Federal Trade Commission and the Department of Justice, are warning consumers to be wary of bogus emails related to the hurricanes.You should know that scammers may use names that are similar to reputable charities. Those copycats may misspell the organization's name or make a subtle tweak, hoping you don't notice. The federal agencies also say you should avoid cash donations when possible, and never write checks to individuals claiming to be victims.If you are not sure about a charity, especially one that calls or emails you, do not agree to help them out.First, look them up online at guidestar.org, give.org, or the Better Business Bureau, and check them out, so you don't waste your money._________________Don't Waste Your Money” is a registered trademark of Scripps Media, Inc. (“Scripps”)."Like" John Matarese on FacebookFollow John on Twitter (@JohnMatarese)For more consumer news and money saving advice, go to www.dontwasteyourmoney.comContact John at jmatarese@wcpo.com 2290

Former Sen. Bob Dole was helped out of his wheelchair Tuesday to salute former President George H.W. Bush as he laid in state at the Capitol Rotunda.Dole, 95, once faced Bush during the 1988 Republican primary fight for the presidential nomination but nonetheless maintained a decades-old friendship with the former president.On Saturday, he reflected on their relationship, telling CNN's Ana Cabrera that his passing was an end of an era, as Bush was the last World War II veteran to serve as president."I believe there are certain qualities that veterans have, and when Bush was president, I think about three-fourths of Congress were veterans and we would stick together and work together across the aisle. And President Bush was a bipartisan president. So we got quite a lot done," Dole said. 804

FORT LAUDERDALE, Fla. (AP) — Florida police and campaign officials say President Donald Trump’s former campaign manager Brad Parscale has been hospitalized after he threatened to harm himself. Police officers say they talked Parscale out of his Fort Lauderdale home Sunday after his wife called police to say that he had multiple firearms and was threatening to hurt himself. He was hospitalized under the state’s Baker Act, which allows anyone deemed to be a threat to themselves or others to be detained for 72 hours for psychiatric evaluation. Parscale was demoted from the campaign manager’s post in July but remained part of the campaign, helping run its digital operation. 686

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