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The bankruptcy filing allows Remington to stay in business while restructuring its massive debt. The company has been planning to reduce its debt by 0 million through the Chapter 11 process and contribute 5 million to its subsidiaries.Remington plans to keep on making guns. The company said, when it first announced its plan to file for bankruptcy in February, that operations "will not be disrupted by the restructuring process."Founded in 1816, Remington is one of the oldest and best-known gun makers in the world. It's owned by Cerberus Capital Management, which plans to shed ownership once the bankruptcy is complete.Remington is headquartered in North Carolina. It makes a variety of handguns, shotguns and rifles at its sprawling 19th-century factory in Ilion, N.Y.Its products include the Bushmaster AR-15-style rifle that was used in the 2012 mass shooting in Newtown, Connecticut. The company has been sued by family members of the Sandy Hook victims.An attorney from the law firm representing those family members said it does not expect the bankruptcy filing to affect its clients' case "in any material way."The company also settled a class action lawsuit a few years ago regarding allegations of defective rifles.The gun industry as a whole has suffered plunging sales and profits under the Trump administration, because consumers are no longer driven by fears of more restrictive gun control with a Republican in the White House who's been endorsed by the National Rifle AssociationAmerican Outdoor Brands, which owns the brand Smith & Wesson, reported dismal earnings earlier this month as did Sturm Ruger in February, and they've laid off hundreds of workers.  1702

Stocks are tanking, and the tech world's richest executives are losing billions.Amazon, Apple, Facebook and Google are getting hammered as investors sell their shares and retreat into safer territory.The founders, CEOs and top investors in those companies are losing money quickly.Amazon CEO Jeff Bezos has lost roughly billion since his net worth and peaked in early September at 8 billion, according to?the Bloomberg Billionaires Index. Amazon's stock (AMZN) has dropped more than 25% since then and is currently trading around ,500 a share, leaving Bezos with a 6 billion nest egg.It's not all bad news for him: Bezos is still the world's richest person.On Tuesday, Bezos and wife MacKenzie donated 0 million to two non profits that aim to end homelessness in America. It's part of the pair's pledge to donate? billion to fund existing nonprofits that help homeless families and to create a network of preschools in low-income communities.Facebook CEO Mark Zuckerberg's wealth is also taking a beating. He's lost roughly billionfrom his peak worth in late July and is now worth billion. He ranks as the seventh richest person in the world.Facebook has been rocked this year with a cascading series of problems, including a proliferation of hate speech on its platform, Russian political interference and the Cambridge Analytica data privacy scandal.Facebook's (FB) stock has lost 40% of its value since July and is currently trading around 0 a share. The company continues to struggle with?executive departures and damaging exposés.Like Bezos, Zuckerberg and his wife, Priscilla Chan,?have pledged 99% of their wealth to their organization for philanthropic needs. They also recently donated 4 million to another nonprofit.Microsoft founder Bill Gates, who still owns 1% of the tech company, has lost billion from his high in early October. He's still worth roughly  billion and ranks as the second richest person the world, according to Bloomberg. 2066

TAMPA BAY, Fla. — Thanksgiving is a day of gratitude for many, but it also marks 10 years of Justin Gaertner's Alive Day.Gaertner's Alive Day marks the day he survived injuries overseas."It's a day to remember how far you've come in life and that nothing can hold you back," said Gaertner. November 26, 2010, Gaertner and his best friend, Gabriel Martinez, were on a clearance mission in Marjah in Afghanistan's southwestern Helmand province. While sweeping after a vehicle in front of them, the vehicle rolled over an IED, Gaertner said Martinez hit a secondary IED and as he swept to secure a landing zone for a medical helicopter, he triggered a tertiary IED. Both lost their legs."I remember every second of that moment. The smell. The looks. The sound. Everything that was going on, and it's something I'll never forget. But regardless, he was right there by my side the whole time, throughout the whole thing," Gaertner said.A photo shows the two with injured hands, holding each other's pinky fingers. They had each other's backs in the Marines through their recovery. Now, both work as computer forensic analysts for ICE Homeland Security Investigations, Martinez for HSI Denver, and Gaertner for HSI Tampa."We never let each other go because going through something like that by yourself is hard enough and then having him by my side that whole time, I guess there's really no feeling or words that can describe having your best friend, your brother right there next to you throughout the entire journey," Gaertner said.They were brought on through the Human Exploitation Rescue Operative (HERO) program."The child exploitation cases are really close to my heart, close to everybody's heart, and it's just nice when you come home and know you made a difference today," he said.Gaertner said he's now worked on close to 300 federal and state cases, dealing with things like child exploitation, drug smuggling, and national security. He also helped in the aftermath of the shooting attack at Naval Air Station Pensacola.He said the past ten years have been a journey."Highs lows, accomplishments of conquering challenges, starting my family, marrying the love of my life, having a beautiful daughter together. It's just been a journey and something I don't take for granted because I shouldn't be here, but I am, and I'm trying to make the best of it," he said.He said his wife and daughter are his rocks. "With the challenges of 2020, the challenges over the last 10 years of my life, my daughter has been a blessing. We lost a daughter in 2018 and have been praying every day since then for the arrival of our daughter Callie now and on top of her I've prayed for a wife such as mine, and I couldn't have made it over the past few years without her," Gaertner said.His wife, Paige, said while Thanksgiving before was a day to acknowledge blessings, now it's also gratitude, celebrating Justin's life."I think Justin's greatest ability in life is to adapt and overcome, and to me and having a daughter now and him being a father, I think it's just an example to all of us that no matter what we go through, I mean losing his legs has been a huge trial in his life, but he has done it and overcame it like it was a blessing to him," she said. "And so he always makes the best out of every situation, and I think no matter where we are in life that it's important to remember that."On this Thanksgiving, Gaertner doesn't dwell on what happened to him on his Alive Day."I don't really think about it too much, I just think about everybody else that's serving and the sacrifices that they're making while I'm able to sit here and enjoy Thanksgiving with my family," he said.This story was first reported by Haley Bull at WFTS in Tampa Bay, Florida. 3798

The @SanDiegoSockers are saddened by the passing of former team and North American Soccer League executive Jack Daley, who passed away on March 7 in his San Diego home.?? https://t.co/rSKLPB0Gtg pic.twitter.com/EZ2iukwxlf— San Diego Sockers (@SanDiegoSockers) March 9, 2019 287

Syracuse University has suspended a professional fraternity after video footage surfaced showing members exhibiting "extremely racist" behavior, according to the university's chancellor.Videos purport to show members of Theta Tau, an engineering fraternity, repeatedly using racial slurs and simulating sex acts.Chancellor Kent Syverud called the behavior "offensive" in a statement to the campus community Wednesday. 425