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RTW Retailwinds, the parent company of retail chain New York & Co., announced Monday that is filing for Chapter 11 bankruptcy — the latest blow to an industry whose struggles were taken to new heights by the coronavirus pandemic.The company said in a press release Monday that filed for bankruptcy relief in New Jersey. In the statement, the company hinted that all of its more than 400 brick-and-mortar stores could close for good.In recent months, sales have fallen at New York & Co. as the pandemic forced shutdowns at non-essential retail stores across the country. In addition, massive layoffs and a large increase in employees working from home shrunk demand for professional attire. Other purveyors of businesswear have also fallen on hard times — Brooks Brothers filed for bankruptcy last week.CNN reports that New York & Co. furloughed a "significant portion" of store employees in March and that last week, the company was delisted from the New York Stock Exchange.New York and Co. joins an exponentially growing list of retailers who have filed for bankruptcy in recent weeks, including Sur La Table, JC Penney, Pier 1 Imports J. Crew and Niemen Marcus. 1184

SACRAMENTO, Calif. (AP) — California's leaders are getting a raise.A state commission voted Friday to increase Governor Gavin Newsom's salary from 2,000 to around 0,000 in December.The Citizens Compensation Commission also agreed to give a 4% raise to legislators and other state elected officials, such as the lieutenant governor and treasurer.Chairman Tom Dalzell cited the health of the state's economy and California's budget surplus for the move."California remains high," he said of pay for state officials. "So is our cost of living."Newsom will not be the highest-paid governor, however. While America's most populous state currently has the highest-earning chief executive, the New York Legislature voted this year to pay Gov. Andrew Cuomo a salary of 5,000 in 2020 and 0,000 in 2021.But the governor will still earn far more than California's median income, which is around ,000, according to the U.S. Census Bureau.This will mark the seventh year in a row California's governor has gotten a raise and Newsom's pay will near a previous peak for the job of around 2,000.Rank-and-file members of the 120-seat Legislature earn around 0,000, still below a past peak of around 6,000. The lieutenant governor is paid around 1,000, the attorney general around 5,000 and the controller and treasurer around 1,000.Created in 1990 following a statewide vote, the commission is appointed by the governor and usually meets once a year to set the salaries as well as benefits for California's elected officers. The Legislature was previously responsible for setting the salaries of state elected officials. 1644

SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom has pardoned 13 former prisoners, including three whose immigration status may benefit from the decision. He also commuted the sentences of 21 current inmates on Friday, including several who killed their victims and had been serving life-without-parole sentences. One of those pardoned was deported to Cambodia in 2011 but wants to rejoin her 16-year-old son in the United States. Two others are attempting to avoid deportation to Cambodia. Ny Nourn, 39, was convicted of second-degree murder in San Diego County in 2003. Newsom’s office said she was 18 when she helped lure her victim to his death at the direction of her 38-year-old abusive boyfriend, who shot him. The other was convicted of residential burglary in 1995. All three lawfully entered the United States as young children.According to the AP, Richard Morrison, who now lives in Colorado and was 22 when he was convicted in 1994 in San Diego County of attempted second-degree burglary, was also among those pardoned. 1045

SACRAMENTO, Calif. (AP) — A Northern California Republican is set to join her husband in the state Legislature, with her Democratic special election opponent conceding but promising a rematch next year.Megan Dahle had 58% of Tuesday's special election vote to 42% for Democrat Elizabeth Betancourt.Dahle is set to succeed her husband, Brian, a Republican who represented Assembly District 1 until he won a special state Senate election in June.Close the Gap California says she'll give California's 120-member Legislature a new state record of 38 women.Dahle and her husband have a wheat farm and a related seed grain transport business in Bieber, 250 miles northeast of Sacramento. The sprawling Assembly district covers nine counties from suburban Sacramento to the state's northeastern corner and covering all or parts of nine counties. 847

SACRAMENTO (AP) — California on Thursday temporarily banned insurance companies from dropping customers in areas affected by more than a dozen recent blazes, invoking a new law for the first time as homeowners in the wildfire-plagued state struggle to find coverage while carriers seek to shed risk.The order from Insurance Commissioner Ricardo Lara will last for one year, and it only covers people who live inside or next to the perimeter of 16 different wildfires that burned across the state in October. The Department of Insurance estimates the moratorium will affect 800,000 policies covering millions of people in portions of Los Angeles and Riverside counties in Southern California and Sonoma County in the northern part of the state.The move comes as regulators are aggressively trying to assist homeowners in wildfire-prone areas who say they are being pushed out of the commercial insurance market as climate change makes fires larger and more frequent.RELATED: Cal Fire: Acres burned across the state is much lower in 2019 than 2018Seven of the 10 most destructive wildfires in California history have happened in the last five years — including 2018′s Camp Fire, which destroyed roughly 19,000 buildings and killed 85 people in and around the Northern California town of Paradise. That blaze alone generated more than billion in insurance claims, according to the Department of Insurance.Since 2015, state officials say insurance companies have declined to renew nearly 350,000 policies in areas at high risk for wildfires. That data does not include information on how many people were able to find coverage elsewhere or at what price.One of those homeowners is Sean Coffey, who said he and his wife have struggled to maintain fire insurance on their home in Oakland.“The pattern repeated itself almost every year since we bought our house. We would have (coverage) for 10 months. In the fall, we would get a notice we are being dropped,” he said.RELATED: Study: Alien grasses are making more frequent US wildfiresCoffey now buys fire insurance from the California Fair Access to Insurance Requirements Plan, an insurance pool mandated by state law that is required to sell policies to people who can’t buy them through no fault of their own. He must purchase a second policy to cover risks other than fire.FAIR Plan policies in wildfire-prone areas have grown an average of 8% each year since 2016, according to the Department of Insurance. Last month, Lara ordered the FAIR Plan to begin selling comprehensive policies next year that cover more than just fire damage. FAIR Plan Association President Anneliese Jivan called that order “a misguided approach,” saying it will make all of the plans more expensive.Lara has the authority to order the moratorium under a bill he authored while in the state Senate last year that was signed into law by former Gov. Jerry Brown. The law took effect in January, and this is the first time regulators have used it.In addition to ordering the moratorium, Lara called on insurance companies to voluntarily stop dropping customers solely because of wildfire risk.RELATED: Bigger, longer blackouts could lie ahead in California“I believe everyone in the state deserves this same breathing room,” Lara said.A spokeswoman for the American Property Casualty Insurance Association did not immediately respond to a request for comment.While state officials rush to assist homeowners, a new report from California Auditor Elaine Howle said the state did not do enough to protect non-English speaking, elderly and other vulnerable residents during three of the state’s most devastating fires in recent years.The audit covered Butte County, site of 2018′s Camp fire, plus the 2017 Thomas Fire that burned more than 281,000 acres in Ventura County and 2017 fires in Sonoma County that killed 24 people. The audit found none of the three counties had assessed its residents to determine who might need extra help and whether resources were available to help such people, such as transportation, during a natural disaster.The audit also scolds the state oversight agency, the Governor’s Office of Emergency Services, for failing to assist counties in developing such plans and reviewing any plans in place.Howle says it was impossible to determine whether lives could have been saved “if the counties had planned differently or more fully implemented the best practices”her office recommends in the report.” But she noted that “inadequate plans and insufficient planning are proven contributors to failure.” 4561

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