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NEW YORK (AP) — Macy’s said Thursday that it’s laying off 3,900 corporate staffers, roughly 3% of its overall workforce, as the pandemic takes a financial toll on the retailer's sales and profits.The headcount reduction will save the department store chain 0 million per year.Like many of its non-essential peers, Macy’s was forced to close its physical stores to curb the spread of the coronavirus, evaporating sales.Since early May, Macy’s has been gradually reopening its stores, which had been closed since March 18.The New York-based company furloughed a majority of its workers as the pandemic took hold in the U.S. However, it was announced Thursday that most remaining furloughed employees would be returning to work starting July 5.Macy’s CEO Jeff Gennette has said that customers are coming back, but it needs to cut costs to readjust its business to a new climate.“COVID-19 has significantly impacted our business. While the re-opening of our stores is going well, we do anticipate a gradual recovery of business, and we are taking action to align our cost base with our anticipated lower sales,” said Gennette. “These were hard decisions as they impact many of our colleagues. I want to thank all of our colleagues – those who have been active and those on furlough – for helping us get through this difficult time, and I want to express my deep gratitude to the colleagues who are departing for their service and contributions. We look forward to welcoming back many of our furloughed colleagues the first week of July.” 1544

NEW YORK (AP) — Disney will sprinkle its pixie dust on the streaming arena Tuesday, as its Disney Plus service debuts with an arsenal of marquee franchises including Marvel and Star Wars, original series with a built-in fan base and a cheap price to boot.The -a-month commercial-free service is poised to set the standard for other services like WarnerMedia's HBO Max and NBCUniversal's Peacock to follow, as major media companies behind hit TV shows and movies seek to siphon the subscription revenue now going to Netflix and other streaming giants.Disney's properties speak to its strengths. Besides classic characters such as Snow White and Pinocchio, Disney has Pixar, Marvel, Star Wars and National Geographic — big names that most people would recognize. Disney Plus will also have all 30 past seasons of "The Simpsons." Original shows include "The Mandalorian," set in the Star Wars universe, and one on the Marvel character Loki.RELATED: Southern California theme parks bring holiday cheer to guestsMelissa Knerr, 26, a criminal defense attorney in Springfield, Missouri, already has Hulu, Netflix and Amazon Prime and wasn't sure she wanted to pay for another one. She said she was swayed by Disney Plus's price tag and its "sheer amount of content.""I really love both the Star Wars and Marvel franchises and I grew up watching classic Disney shows and movies so I do think there will be enough content for me," she said.Marlina Yates, who works in marketing in Kansas City, said she signed up because of her husband's enthusiasm about the Star Wars series "The Mandalorian" and her daughter's "love affair with princesses and everything Disney."Disney Plus's a month price is about half of the Netflix charges for its most popular plan, and there are discounts for paying for a full year up front. Disney is also offering a package bundling Disney Plus with two other services it owns, Hulu and ESPN Plus. That's cheaper than signing up for each one individually.RELATED: Spider-Man will stay in Marvel Cinematic Universe as Sony, Disney reach dealEverything won't be available to stream right away, though, as Disney needs to wait for existing deals with rival services to expire. Recent movies missing at launch include the animated Pixar movie "Coco" and the live-action "Beauty and the Beast." Others like "Maleficent: Mistress of Evil" haven't been released for streaming yet. Disney expects 620 movies and 10,000 TV episodes by 2024, up from 500 movies and 7,500 episodes on Tuesday.Disney has said that it is losing about 0 million in licensing revenue in the most recent fiscal year from terminating deals with Netflix and other services. But Disney is betting that what it makes through subscriptions will more than make up for that — at least eventually.Disney is boosting its subscription base initially with heavy promos, much as Apple TV Plus has done and HBO Max and Peacock plan to do. Members of Disney's free D23 fan club were eligible to buy three years of Disney Plus service up front for the price of two years. Customers of some Verizon wireless and home-internet plans can get a year free.The hope is that subscribers will stick around once they see what the service offers.Long-term success is by no means guaranteed. With a slew of services launching, subscription fees can add up quickly. Consumers might be reluctant to drop an existing service such as Netflix or Amazon Prime to pay for something untested.RELATED: Marvel-themed land to open in 2020 at Disney's California Adventure Park"I can't keep up with so many services. It gets expensive," said William Pearson, a Drexel University student who describes himself as a "massive" Marvel fan but already pays for Netflix, HBO and the DC Comics streaming service.But compared with other newcomers, experts believe Disney will have no problem gaining — and keeping — the 60 million to 90 million worldwide subscribers it is targeting for 2024. It took Netflix twice as long to get to 90 million."Disney Plus has a gigantic array of content and a library that's unmatched, so it feels like an easy addition for consumers to get a gigantic library at that low price," said Tim Hanlon, CEO of Vertere Group.Bernie McTernan, internet and media analyst at Rosenblatt Securities, said Apple's venture into streaming, Apple TV Plus, has to build brand recognition for its new shows, while viewers may have difficulties seeing what HBO Max offers beyond the standard HBO subscription.Disney said it was pleased with a recent test in the Netherlands, in which consumers got to try the service for free, without original content or full library of classics."The service connected with users across all four quadrants, male and female, adults and kids, driven by the breadth of our content and the affinity people have with it," Disney CEO Bob Iger told financial analysts Thursday.Connor Clifton, 29, from Houston, Texas, said he is looking forward to "The Mandalorian" Star Wars series as well as catching up on recent Pixar films."Paying for individual channels is frustrating," he said, "but I want to see the content so I'm willing to pay for it." 5157

NFL defensive end Michael Bennett was indicted Friday in Houston on a charge of injury to the elderly in connection with an incident that occurred when he was a spectator at the 2017 Super Bowl, authorities said.The Harris County district attorney's office said Bennett rushed the field when the game ended to congratulate his brother Martellus Bennett, who played for the winning New England Patriots.Bennett was told to use a different field entrance, but he pushed through the security detail, which included a 66-year-old paraplegic woman in a wheelchair, Houston Police Chief Art Acevedo said at a news conference.The woman suffered a sprained shoulder in the Feb. 5, 2017, incident, Acevedo said."It's offensive to me that a man who's supposed to be an example, a professional athlete, thinks its OK to act like this," Acevedo said.Bennett's legal team does not have a comment at this time, Frank Perez, a member of the team, said Friday night. CNN reached out to Bennett for comment through his representative Doug Hendrickson but has not heard back.Harris County said the felony charge carries a penalty of up to 10 years in prison and a ,000 fine.Bennett was one of the most vocal NFL players in protesting the national anthem before games.He appeared on CNN and said he didn't understand why President Donald Trump would "stoop so low" as to say that NFL owners should fire players who protest.Bennett, 32, played with the Seattle Seahawks for five seasons and just signed a contract with the Philadelphia Eagles. He played high school football in Houston and college ball at Texas A&M University.Acevedo said Bennett's lawyer has been notified. The chief said Bennett has not been arrested yet but should turn himself into police as soon as possible.When asked why it took more than a year to file charges against Bennett, Acevedo said police had to prioritize more serious crimes. Also, Hurricane Harvey hit Houston in August, he noted.Acevedo said an officer at the game witnessed Bennett pushing the woman but decided to check on the elderly woman rather than immediately arrest Bennett, whom he recognized."We knew who the suspect was," Acevedo said. "We knew what he had done and we knew where to find him."The Philadelphia Eagles said in a statement Friday: "We are aware of the situation involving Michael Bennett and are in the process of gathering more information. Because this is an ongoing legal matter, we will have no further comment at this time."Last September, Bennett complained that police in Las Vegas unfairly singled him out, threatened him with a gun and detained him briefly after he attended a prizefight between Floyd Mayweather Jr. and Conor McGregor.Las Vegas authorities said officers were responding to a call of battery and assault with a gun that had turned into an active shooter situation and thought that Bennett might be involved. No charges were filed. 2920

NEW YORK – Director Joel Schumacher has died at the age of 80.Schumacher passed away in New York City after a year-long cancer battle, Variety and TMZ have confirmed through the filmmaker’s representation.The native of New York was perhaps best known for directing films in the 1980s and 90s, like “St. Elmo’s Fire,” “The Lost Boys,” “A Time to Kill” and multiple “Batman” films when Tim Burton left Warner Bros.Schumacher's films featuring the caped crusader were "Batman Forever" and "Batman & Robin." And although the movies received largely negative reviews at the time of their release, they've developed into cult classics for many. Schumacher also went on to direct the widely praised “The Phantom of the Opera” in 2004, which earned three Academy Award nominations, including best production design, best cinematography and best original song. 863

Nominations for the 61st Grammy Awards were announced Friday and one of the nominees was brought to tears live on television.Singer Janelle Monáe -- along with Alessia Cara and Shawn Mendes -- announced some the nominees on "CBS This Morning." Monáe became emotional when her "Dirty Computer" was announced for album of the year.She said she was moved because the project is "about community," especially the LGBT community of which she is a part."I hope they feel seen," Monáe said. "I hope they feel loved and I hope they feel celebrated."Rap artists Kendrick Lamar and Drake received the most nominations with eight and seven, respectively. Singer/songwriter Brandi Carlile received six nominations.Fans of H.E.R., the singer/musician who wears sunglasses and guards her privacy to keep the focus on her music, had plenty to celebrate with her multiple nominations.She scored nods for best R&B album, album of the year and best new artist.Female artists dominated top categories this year. Seemingly in an effort to address a historic lack of diversity among its previous nominees, the Grammys expanded the major categories of album of the year, record of the year, song of the year and best new artist from five nominees to eight.There was controversy early on when rapper Cardi B and rapper/singer Post Malone were deemed ineligible for the best new artist category.But the pair did well anyway.Malone's "Beerbongs & Bentleys" is up album of the year, as is Cardi B's "Invasion of Privacy."Her hit "I Like It" is also up for record of the year.Here's a list of some of the Grammy nominees. The complete list of more than 80 categories can be found on Grammys.com.  1690