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Two of the former owners of Toys "R" Us have agreed to pay million to help laid-off employees.Bain Capital and KKR, private equity firms that owned part of the toy retailer, set up a severance fund to pay former workers who lost their jobs when the company closed its stores.The third owner, real estate firm Vornado, did not join the fund, and did not immediately respond to request for comment.MORE: How the Toys 'R' Us closures massively impact?the U.S.Toys "R" Us filed for bankruptcy a year ago with plans to stay in business. But in March the company's creditors forced it to go out out of business, and the 31,000 remaining employees did not get severance payments.Some top executives at Toys "R" Us received bonuses as part of the bankruptcy process. The nation's bankruptcy laws place limits on the severance payments that can be made to laid-off employees, and they give priority to repaying creditors of the bankrupt companies.Had the employees been laid off before the bankruptcy, they would have been entitled to severance pay of up to one week of pay for every year of service.The million severance fund does not come from Toys "R" Us.The fund was set up following negotiations between the private equity firms and various public interest groups that organized the employees, including Organization United for Respect, Private Equity Stakeholder Project and Center for Popular Democracy."This Fund begins to ensure the hard-working people who spent their lives building Toys 'R' Us and making children happy are not left out in the cold," said Marilyn Muniz, a New York-based Toys "R" employee for nearly 20 years.The groups are seeking additional contributions to the fund from Vornado as well as two Toys "R" Us lenders, Solus and Angelo Gordon, which pushed the company to shutdown operations rather than stay in business. Solus did not respond to a request for comment and Angelo Gordon declined to comment.Tracy Forbes, a former employee who lost her job, told CNN Business that she had worked for the company for 31 years, making her way up to store manager of a Babies "R" Us store in Tempe, Arizona. At the time of the bankruptcy filing she figured she would get about seven months of severance if her store shut down. She said she was shocked when she learned the promised severance wouldn't be paid."It was very difficult," she said. "Here in Arizona, unemployment is only 0 a week. It's not even minimum wage. It was rough. I only got by with friends and family helping me out."After about four months she found a job as an assistant manager of a Home Goods store, which pays less than Babies "R" Us. She said she's kept in touch with the employees who used to work with her at Babies "R" Us."Just about everyone has found some kind of work, but it generally took three or four months," she said. "Some aren't earning as much. Some of the lower-level employees have actually found better paying jobs."The fund has hired attorney Kenneth Feinberg to come up with a formula to determine who gets how much money. Feinberg has made a career deciding distribution to victims of events, such as the terrorist attacks on September 11, 2001, and the BP Deepwater Horizon oil spill. He has proposed that payments go to workers who had been with the company at least a year and who made between ,000 and 0,000 in annual income."In order to maximize the impact of available funds, key eligibility requirements and payment parameters had to be instituted," said Feinberg. Payments are expected to start soon after December 15 and be completed by April.The million fund will not cover a full severance plan for the workers. The employee groups estimate that would take million.The proposed payment schedule provides at least 0 to anyone eligible for payments and as much as ,800 to the top earning employees -- those earning more than 0,000 a year who had been with the company for more than 25 years. Those earning more than 0,000 are not eligible to receive payments from the fund.A more typical employee, one who was earning ,000 a year with 10 years of service, would get ,400 under the plan, or about two-and-half weeks of pay.Former employees can go to www.trufinancialassistancefund.com to find out about how much they might get and to comment on the distribution formula. Depending on the comments, the formula might be adjusted before the payments start. 4424

VALLEY CENTER, Calif. -- An 18-year-old motorcyclist was killed after a head-on crash with a sedan in Valley Center Saturday.The crash happened around 3:30 p.m. Saturday on Mac Tan Road, according to the California Highway Patrol.Officers say the 18-year-old was riding his motorcycle at a high speed when he came to a bend, lost control of the bike and slid into the opposing lane of traffic.The teen was the struck by 2004 Kia Spectra, CHP say.The motorcyclist was taken to the hospital where he later died. The driver of the sedan was uninjured.Officers say driving under the influence hasn’t been ruled out as a possible factor in the crash. 653

VALLEY CENTER (CNS) - A motorist was killed today when he crashed his car off a two-lane rural road northeast of Escondido while trying to pass another vehicle at high speed, authorities reported.The 35-year-old San Marcos resident lost control of his Acura TL while attempting to steer around a slower-moving Toyota Highlander on Valley Center Road near Rock Hill Ranch Road about 1:15 p.m., according to the California Highway Patrol.The Acura sideswiped the SUV, then skidded off the roadway and crashed into a power pole and a tree, killing the driver and sole occupant of the sedan, CHP public-affairs Officer Mark Latulippe said.The 35-year-old San Marcos woman behind the wheel of the Toyota was unharmed, as were the six young children riding in her vehicle, Latulippe said. 790

VENTURA, Calif. (AP) — Ventura County leaders have approved restraining orders and other enforcement actions against individuals and businesses who refuse to comply with local and state health orders to control the spread of the coronavirus. The decision by the Board of Supervisors gave the county counsel discretion to seek court enforcement of health mandates. The meeting was called days after the pastor of Godspeak Calvary Chapel in Newbury Park said he would continue holding indoor services despite restrictions on large gatherings. RELATED: Charges filed against Ramona Gym owner for failure to comply with public health ordersMeanwhile, prosecutors in San Diego have charged a gym owner with five misdemeanors for operating during the state’s shutdown orders.According to the San Diego District Attorney's Officer, Peter San Nicolas, owner of Ramona Fitness Center, is facing five charges for “violation of California emergency services act.”According to the document, each of the misdemeanors carries a ,000 fine. The complaint states that from June 2 through July 17, San Nicolas “did refuse and willfully neglect to obey a lawful order.”San Nicolas says he violated the orders because he felt it was the right thing to do. He is getting legal help to fight the charges. 1292

Twitter said Friday that the accounts belonging to far-right conspiracy theorist Alex Jones and his fringe media organization InfoWars would, for now, remain online, one day after a CNN investigation found that Jones' Twitter accounts appeared to have repeatedly violated the company's rules.A Twitter spokesperson said that the company concluded that of the more than a dozen tweets included in CNN's Thursday report, seven were found to have violated Twitter's rules. Twitter would have required those tweets to be deleted, if they were to have remained up.But after CNN's investigation was published, the tweets cited in it were almost immediately deleted from the social media website. Jones said on his program Friday that he had instructed his staff to do so and "take the super high road," though he contested whether the tweets violated any Twitter rules. 871