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It's been a brutal week for many big American retailers.JCPenney announced Friday that it will cut 360 jobs at its stores and corporate headquarters. That's on top of the more than 5,000 layoffs in 2017 after JCPenney decided to close nearly 140 stores.The struggling retailer also said that its earnings and sales for this year will be worse than what Wall Street analysts were expecting. Shares of JCPenney plunged nearly 10% in early trading.JCPenney wasn't the only prominent bricks and mortar chain to report poor results this week.Barnes & Noble posted a quarterly loss and a drop in sales Thursday morning, sending the bookstore's shares to an all-time low.Victoria apparently needs a new Secret too. L Brands, the owner of the lingerie seller and Bath & Body Works, plunged 14% Thursday after its outlook turned out to be more devilish than angelic.Nordstrom, which is trying to go private, failed to impress investors with its latest results after the closing bell Thursday. Its stock fell 6% Friday morning.And the other shoe dropped at Foot Locker. The sneaker and athletic apparel company's sales missed forecasts and its outlook was weak as well. Foot Locker's stock dove 7% Friday morning.Related: The one sector of retail that's hiring -- a lotAll this bad news comes at a time when the retail industry is undergoing a massive transformation as more and more consumers shop online.People are still spending. They are just doing so on their phones as opposed to at the mall.That's been great for e-commerce leader Amazon, which has continued to post impressive sales growth. Its stock is also up more than 25% this year and is near a record high.Coye Nokes, partner in the consumer and retail practice at strategy consulting firm OC&C, said that the threat from Amazon is clearly the biggest challenge for most traditional retailers."Amazon is still coming and it is entering even more categories," she said.But she added that there are some retailers that have been fighting back and have done a good job of boosting their own digital operations.Related: Macy's is back! Stock up on solid salesMacy's shares rallied earlier this week after the iconic retailer topped analysts' forecasts and said that online sales continued to grow at a double-digit pace.Best Buy also posted strong sales in its stores and digital operations on Thursday. The electronics retailer's stock even rose 4% while the broader market tanked on fears of a global trade war.And there are other traditional retailers that are holding up well.Gap shares bucked the market's downward trend Friday, rising 5% after it posted solid results. The Gap's Old Navy brand is on fire. Its same-store sales were up 9% during the holiday quarter.Department store chain Dillard's topped forecasts earlier this week too, sending its shares up nearly 17% on the news.So it's not all doom and gloom for retail. The industry is in the midst of a shakeout that will lead to some casualties and some big winners. But the American consumer is still alive and well.The-CNN-Wire? & ? 2018 Cable News Network, Inc., a Time Warner Company. All rights reserved. 3147
In honor of his past service to our Country, Navy Seal #EddieGallagher will soon be moved to less restrictive confinement while he awaits his day in court. Process should move quickly! @foxandfriends @RepRalphNorman— Donald J. Trump (@realDonaldTrump) March 30, 2019 280
It is the silence that John Christian Phifer loves the most as he walks around the 120 acres of a nature preserve in Gallatin, Tennessee. He considers himself a caretaker of the land.But in these rolling Tennessee hills, if you look close enough, you can see that it's not just the land Phifer is caring for.There are 50 people buried throughout Taylor Hollow, all of which are natural burials. Their graves are marked by simple stones, and there are no expensive caskets. Many of the people buried here were wrapped in quilts or buried in beds of wildflowers.It’s a simpler way to say goodbye, and in recent months, this type of burial is gaining popularity."I think with COVID, one of the things everyone has done is they’ve started thinking about making a plan," Phifer said as he walked through one of the wooded paths.Phifer works for Larkspur Conservation, a nonprofit that describes itself as Tennessee's first nature preserve for natural burials. On this hallowed ground, only green burials are allowed to take place.The pandemic has led to an increase in the number of people looking at natural burial options. Natural burials are also giving families a way to grieve and mourn safely outside during the COVID-19 pandemic."I think COVID has heightened folks’ awareness of how important it is to make a plan. Families can still have a burial, families can still have a gathering, they can come together with their loved one," Phifer said.There is also a cost aspect that's driving the increased rise in natural burials. As many American families struggle financially, natural burial offers an end-of-life option that's around ,000. It’s much less than a traditional burial, which usually runs around ,000.There’s also an environmental draw to all of this. Every year, American bury about 73,000 kilometers of hardwood boards, along with 58,000 tons of steel and 1.5 million tons of concrete. Natural burials are often much safer for the environment"It’s not going to be for everyone, and that’s OK,” explained Phifer. “We’re just another tool in working through the end of life.”And while planning for the end is never easy, Phifer sees this as one place people can start. 2193
It's been a brutal week for many big American retailers.JCPenney announced Friday that it will cut 360 jobs at its stores and corporate headquarters. That's on top of the more than 5,000 layoffs in 2017 after JCPenney decided to close nearly 140 stores.The struggling retailer also said that its earnings and sales for this year will be worse than what Wall Street analysts were expecting. Shares of JCPenney plunged nearly 10% in early trading.JCPenney wasn't the only prominent bricks and mortar chain to report poor results this week.Barnes & Noble posted a quarterly loss and a drop in sales Thursday morning, sending the bookstore's shares to an all-time low.Victoria apparently needs a new Secret too. L Brands, the owner of the lingerie seller and Bath & Body Works, plunged 14% Thursday after its outlook turned out to be more devilish than angelic.Nordstrom, which is trying to go private, failed to impress investors with its latest results after the closing bell Thursday. Its stock fell 6% Friday morning.And the other shoe dropped at Foot Locker. The sneaker and athletic apparel company's sales missed forecasts and its outlook was weak as well. Foot Locker's stock dove 7% Friday morning.Related: The one sector of retail that's hiring -- a lotAll this bad news comes at a time when the retail industry is undergoing a massive transformation as more and more consumers shop online.People are still spending. They are just doing so on their phones as opposed to at the mall.That's been great for e-commerce leader Amazon, which has continued to post impressive sales growth. Its stock is also up more than 25% this year and is near a record high.Coye Nokes, partner in the consumer and retail practice at strategy consulting firm OC&C, said that the threat from Amazon is clearly the biggest challenge for most traditional retailers."Amazon is still coming and it is entering even more categories," she said.But she added that there are some retailers that have been fighting back and have done a good job of boosting their own digital operations.Related: Macy's is back! Stock up on solid salesMacy's shares rallied earlier this week after the iconic retailer topped analysts' forecasts and said that online sales continued to grow at a double-digit pace.Best Buy also posted strong sales in its stores and digital operations on Thursday. The electronics retailer's stock even rose 4% while the broader market tanked on fears of a global trade war.And there are other traditional retailers that are holding up well.Gap shares bucked the market's downward trend Friday, rising 5% after it posted solid results. The Gap's Old Navy brand is on fire. Its same-store sales were up 9% during the holiday quarter.Department store chain Dillard's topped forecasts earlier this week too, sending its shares up nearly 17% on the news.So it's not all doom and gloom for retail. The industry is in the midst of a shakeout that will lead to some casualties and some big winners. But the American consumer is still alive and well.The-CNN-Wire? & ? 2018 Cable News Network, Inc., a Time Warner Company. All rights reserved. 3147
INDIANAPOLIS — In a constant battle to keep your private data secure, Apple is hitting back, keeping people out of your phone. But it’s bringing up a major issue for law enforcement in Indiana. When it comes to solving crimes, often a key piece of evidence is stored on a cellphone or a computer, and police are constantly trying to stay ahead of criminals. But as more people and tech giants are concerned about security, some of those new security features and encryption are stopping police from solving crimes. In 2015, Apple was in the spotlight after they refused to unlock an iPhone for the FBI after a terrorist attack in San Bernardino, California. At the time, investigators said potential key clues of other possible terrorist attacks could be on the phone. Apple refused to help unlock the device. In the years since, a new device called GrayKey that law enforcement could use to crack iPhones was developed, and they've been using it ever since. "[GrayKey] can plug into iPhones that historically, in general, have what we call 'brute force' on them,” said Steve Beaty, a digital security expert.The September release of Apple's latest operating system, iOS 12, shut down the ability for that special device to work. The result left investigators scrambling. “Apple's fighting these guys pretty hard, has been a bit of a chess game," Beaty said. The Indiana State Police and Indianapolis Metropolitan Police Department have the ,000 GrayKey device. Both agencies say they only use the device as part of ongoing criminal investigations after a search warrant has been issued by a judge. But even with a warrant, Apple’s latest operating system for iPhones has shut down the ability for the GrayKey to work. Investigators are concerned that they won't be able to solve some crimes because they can't get key pieces of evidence off a new iPhone. "So for the time being, I don't see it being more than a chess game where there are going to be advances made on either side,” Beaty said. “And I don't think there's going to be a definitive ... ‘checkmate’ in the foreseeable future."WRTV asked both ISP and IMPD if they have had any cases where the device hasn’t worked. Neither would discuss specifics of the GrayKey device. 2303