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Sears has won some more time to save itself. But not a lot more time.At a bankruptcy court hearing Thursday, Judge Robert Drain approved Sears' plan to auction off about 500 stores. The auction is central to the company's mission to remain in business. Sears intends to use funds from the sale for its operations, and it will pay rent to the stores' buyers so they can stay open.A committee of Sears' creditors had objected to the plan and argued that the company should immediately start the process of going out of business to limit its ongoing losses.Judge Drain said he will hold another hearing a week before Christmas to consider whether to go ahead with Sears' effort to stay in business or start the process to close all its remaining stores. Drain said it wasn't realistic to start a liquidation process immediately."You can't do a GOB [going out of business] plan for a company this big by snapping your fingers," he said. "Let's come back to court [in December] and see what the lay of the land is."Sears' attorneys conceded was a chance the company might not be able to survive."We recognize we have a tough path ahead of us to save the company," said Sears attorney Ray Schrock. "We're not blind to that fact."Schrock said the upcoming holiday shopping season is a crucial period for Sears, and the company believes it will at least be able to break even in the fourth quarter.The creditors' attorney expressed doubts that the company will be able to stay in business. But he said they could live with waiting until December for a decision on Sears' future.Sears also disclosed in a filing late Wednesday that it has arranged for an additional 0 million loan to fund operations during the bankruptcy process. That loan is a crucial component of the company's ability to stay in business, according to a filing the company made on the first day of the bankruptcy process, but it has taken a month to lock-up the funding.The loan is from Great American Capital Partners, rather than ESL, the hedge fund controlled by Sears Chairman Eddie Lampert. When Sears first filed for bankruptcy, it said that it anticipated the loan would come from ESL, but creditors have objected to a the series of insider deals between Sears and Lampert. 2303
SAN MARCOS (CNS) -- A young man was killed in a solo-vehicle rollover crash down an embankment near a San Marcos school, authorities said Tuesday.The crash was reported around 6:40 p.m. Monday on Schoolhouse Way, east of Elfin Forest Road near San Elijo Middle School, San Diego County Sheriff's Sgt. Charles Morreale said.Investigators determined a 19-year-old man was driving a Chevrolet pickup southbound on Schoolhouse Way at high speed when he lost control of the truck, struck a curb and the vehicle overturned down an embankment, Morreale said.The driver was pronounced dead at the scene, the sergeant said. The young man's name was withheld pending family notification. 685

SANTEE, Calif. (KGTV) — San Diego Sheriff's Department officials say no charges will be filed against a couple who wore a swastika mask at a Santee grocery store in May.SDSO said after investigating there wasn't enough evidence to charge the couple with a crime.On May 7, SDSO says a man and woman walked into a Food 4 Less wearing surgical masks with swastika symbols attached to them. The store's management asked the couple to remove the masks, and after they refused, deputies were called, SDSO said.Deputies arrived and asked the couple to also remove the masks, to which the man reportedly replied, "I'm not here promoting some Nazi propaganda. I'm here peacefully protesting against the Governor's insane lockdown."The man also told deputies he was upset and frustrated with the state lockdown.After deputies told the man the store has the right to refuse business and asked them again to remove their masks, they did."This incident should serve as a reminder for anyone contemplating wearing or displaying items closely associated with hate and human suffering that our society does not tolerate this behavior," an SDSO spokesperson said in a release. "Santee is a city of families and the community is rightfully disgusted at this couple's despicable behavior. The San Diego County Sheriff's Department thoroughly investigates incidents such as these and will hold those who violate the law accountable."The incident occurred just days after a Santee man was photographed at a Vons wearing a Ku Klux Klan hood. 1527
SAN FRANCISCO (KGTV) -- Social media is puzzled after a strange streak appeared in the sky over the Bay Area and Sacramento. The light was, according to KRON, spotted in the East Bay, San Francisco and in several other locations throughout Northern California. The National Weather Service says the light may be a meteor. Anyone see this or get pictures from NW California? We're thinking this might have been a #meteor sometime between 5:30 & 5:40 PM. #cawx https://t.co/ku6miQeBW8— NWS Eureka (@NWSEureka) December 20, 2018 538
SAN YSIDRO, Calif., (KGTV) -- San Diego community leaders responded to comments made by the President, where he threatened to close down the US-Mexico border indefinitely if Mexico does not handle the wave of asylum seekers coming into the United States. Paola Avila with the San Diego Regional Chamber of Commerce is part of a nearly 100 person joint-delegation from San Diego and Baja California, going to Mexico City this Sunday, to champion US-Mexico relations. "Closing the border is not an option. Neither a portion nor all of it," Avila said. San Ysidro Port of Entry is the busiest land border crossing in the Western Hemisphere. More than 70,000 vehicles and 25,000 pedestrians cross into the United States every day.President Trump recently tried to direct .5 Billion from the Pentagon to build his campaign promise wall. But that was blocked by Senate Democrats and 12 Republicans. Now Baja-Cali business leaders fear the President will force a port and border shutdown. "Closing the border will be a profit-making operation," the President said. Not so, said Jason Wells with the San Ysidro Chamber of Commerce. As the Executive Director, he advocates for 650 businesses that have a zipcode one and a half miles from the border. He will be joining Avila on Sunday, in the advocacy delegation. He knows first hand the severe consequences of a shutdown. "Our daily lives are affected by the border crossings and how long that takes. So we certainly wish that not to be something to be toyed with," Wells said. When migrants rushed the border last November, San Ysidro Port of Entry was shut down for just five hours. In that short time, the city lost .3 million in revenue. This does not include the economic impacts to neighboring Chula Vista, National City, or San Diego.ABC News consultant John Cohen, who held a senior role at Homeland Security, said the last time there was a border shutdown was during the Reagan administration. He said it caused severe economic harm to both countries. "History tells us when you shut down the southern border, it does little to stop to flow of illegal drugs into the US. It does little to stop illegal immigration. You do cause significant economic harm to the US," Cohen told ABC News.Especially in this global economy, Avila said, where pesos and dollars are swiftly exchanged, and where commerce and culture are deeply intertwined. "Our economies, communities, workforce, our businesses are so integrated. It's like dissecting a person. Dividing a person in half is not viable," Avila said. Mexico's foreign minister responded in a tweet: "Mexico does not act on the basis of threats." 2651
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