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North Korea's foreign minister hinted Thursday that Pyongyang could test a powerful nuclear weapon over the Pacific Ocean in response to US President Donald Trump's threats of military action.The country's Foreign Minister Ri Yong Ho, who was due to address the United Nations General Assembly on Friday but has since dropped out, told reporters in New York that the ultimate decision, however, was up to his boss, Kim Jong Un.Ri's comments came just hours after Kim said that Trump would "pay dearly" for threatening to "totally destroy" North Korea.In a rare direct statement, Kim said he "will consider with seriousness exercising of a corresponding, highest level of hard-line countermeasure in history." 716
North Korea has agreed to refrain from conducting nuclear and missile tests while engaging in dialogue with South Korea, Seoul's national security chief Chung Eui-yong said Tuesday after returning from a meeting with North Korean leader Kim Jong Un.Chung added that Pyongyang also expressed willingness to talk to the United States "in an open-ended dialogue to discuss the issue of denuclearization and to normalize relations with North Korea."Chung said that as part of the dialogue, the two Koreas would hold a summit next month, the first of its kind in more than a decade.The last inter-Korean summit was in 2007, when South Korean President Roh Moo-hyun met Kim's father, late North Korean leader Kim Jong Il.The meeting will be held at the Panmunjom Peace House on the South Korean side of the demilitarized zone that divides the two countries, Chung said.Pyongyang and Seoul will also open a communication hotline that will enable Kim and South Korean President Moon Jae-in to speak directly.Moon sent Chung and four other top government officials to Pyongyang Monday, when they met with Kim and some of his top aides.It's believed to be the first time the young North Korean leader has ever met with any officials from South Korea since taking power in 2011.Developing story - more to come 1312

NEW YORK (AP) — The storied New York clothier Brooks Brothers is filing for bankruptcy protection.The company that says it’s put 40 U.S. presidents in its suits survived two world wars and navigated through casual Fridays and a loosening of dress standards even on Wall Street, but the coronavirus pandemic pushed the 200-year-old company into seek Chapter 11 protection Wednesday.A spokesperson for the retailer told CNBC that the company has been evaluating strategic options to position them for success, including a potential sale of the business.Another famed men’s clothier, Barneys of New York, sought bankruptcy protection last year, and it was followed by a slew of others toppled by the pandemic, including Neiman Marcus, J.Crew and J.C. Penney.More bankruptcies are anticipated in the retail sector which has been rattled by the spread of COVID-19. 867
NEW YORK (AP) — Century 21 Stores, a destination for bargain hunters looking for fat deals on designer dresses and shoes for nearly 60 years, has filed for Chapter 11 bankruptcy.The retail chain says it’s winding down its business, including all 13 stores across New York, New Jersey, Pennsylvania and Florida.Century 21 joins more than two dozen retailers who have filed for bankruptcy since the pandemic which forced non-essential stores to temporarily close.Century 21 said that the decision followed nonpayment by the company’s insurance providers of about 5 million due under policies put in place to protect against losses stemming from business interruption.That insurance money helped it rebuild its downtown Manhattan flagship store after it was damaged by the 9/11 attacks. 794
NEW YORK (KGTV/AP) -- Macy's is hiring more temporary workers to handle online orders for the holiday shopping season.Macy's says it will hire 18,000 workers to fulfill online orders and other tasks at warehouses devoted to e-commerce operations. That's an increase of 3,000 from a year ago. Overall, Macy's temporary hiring is expected at 80,000, down from 83,000 a year ago.The overall decline contrasts with rival Target Corp., which announced earlier this week that it was hiring 100,000 people to work at its stores, an increase of 40 percent from a year ago. The retailer also plans to hire 4,500 workers to help pack and ship online orders at its warehouses. 678
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