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(CNN) - As the Dow was on pace for its best day of the year, and a report showed American stores had their best holiday season in six years, JCPenney's stock fell below for the first time since it started trading in 1929.That's pretty much everything you need to know about the state of JCPenney (JCP).The 110-year old company hasn't been profitable since 2010 and its prospects are bleak. JCPenney is billion in debt with a junk credit rating, a sinking cash hoard and no sign of a turnaround.With few shoppers coming to stores, JCPenney faces inventory and supply chain struggles and no clear marketing plan or strategy. The company has been forced to offer steep discounts on clothing to clear its massive inventory glut.Last month, JCPenney reported a 1 million third-quarter loss and a 5.4% drop in sales. The stock has fallen 68% this year and nearly 30% in December alone.Jill Soltau, formerly the boss of Jo-Ann Stores, became CEO in October — the company's fourth in six years. Soltau has her work cut out for her.The company's leaders said they are considering closing some of JCPenney's remaining 860 stores. That might help JCPenney in the near-term, but its long-term prospects are questionable. The company has a .1 billion debt payment due in 2023. Wall Street analysts are skeptical about JCPenney's ability to repay that money.A spokeswoman for JCPenney declined to comment.The company never really recovered from the Great Recession. It lost shoppers to cheaper sellers a decade ago and struggled to bring them back as the economy began to rebound.JCPenney plowed through its cash reserve in an expensive makeover after it hired former Apple Store chief Ron Johnson as its CEO in 2011. The plan didn't work, and Johnson was fired after 17 months on the job.It lacked the cash to improve stores, buy trendy merchandise or hire more employees.The company switched its focus several times over the past few years: from older shoppers to younger, trendier ones, back toward middle-aged women.JCPenney has recently changed its merchandising strategy, chasing proven sales trends instead of filling up stores with inventory. It started selling appliances a few years ago, but that strategy hasn't paid off either. 2244

(CNN) -- As the global economy shudders, the Middle East boils and the Amazon rainforest burns, world leaders are convening on France's Atlantic coast for a weekend of talks few believe can solve any of it.President Donald Trump arrived in France on Saturday morning after an overnight flight from Washington, his arrival preceded by more tit-for-tat tariff action that economists -- and most of the other Group of 7 heads -- believe is contributing to a global economic slump.His first stop was a sunny patio for lunch across from his host, French President Emmanuel Macron."So far, so good," Trump said, an optimistic assessment minutes into his three-day visit to France. "The weather is fantastic. Everybody's getting along. I think we will accomplish a lot this weekend."And while Macron made little effort to paper over his differences with Trump -- including on what he called "hot spots" like climate change -- Trump insisted they were getting along, at least most of the time."Once in a while we go at it just a little bit, not very much," he said.Later, he's due to attend a dinner for the leaders Saturday evening at the base of a tall white lighthouse planted atop a rocky cliff overlooking elegant Biarritz, the venue for this year's summit. Formal talks begin Sunday morning.World leaders have plenty to discuss. Festering foreign policy matters like Iran and fresh tensions between India and Pakistan are on the table. The summit's host, French President Emmanuel Macron, says he also wants to address raging wildfires in the Amazon rainforest.Heading into the summit, however, the flagging global economy appeared the most pressing matter. Trump insisted on a special Sunday morning session to discuss it. Other leaders blame his use of tariffs -- on friends and foe alike -- for weighing down growth, causing manufacturing to contract and throwing equity markets into turmoil.Indeed, there is scant optimism the G7 confab will yield the kind of solidarity against menacing forces it has produced in the past. Trump has made his disdain for the summit clear, leaving the past two years' G7s in a backwash of acrimony. In conversations with aides over the past weeks, he has questioned why he must attend this year, believing it a particularly unproductive use of his time, according to people familiar with the conversations.The G7 represents the world's major economies, and has long been a regular stop on the US President's calendar. The membership includes the United States, Germany, France, Japan, Italy, Canada and the United Kingdom. In small group sessions, with only the leaders and few aides present, the world's major economic and geopolitical problems are discussed at length.Before he departed, Trump insisted he was looking forward to meeting with friends -- though acknowledged he wasn't exactly on chummy terms with every one of the leaders he'll encounter this weekend."I think it will be very productive seeing the leaders, who are friends of mine for the most part," he said on a darkened South Lawn as he was leaving the White House. "I wouldn't say 100% of the cases, but for the most part."He continued to insist on the strength of the US economy, despite warning signs of an impending recession."I think we are doing very well. Our economy is doing great," he said. "We are having a little spat with China and we'll win it."Each day, however, it becomes clear the "spat" is more than little. Before leaving Washington, Trump announced an increase in tariffs on Chinese imports in retaliation for new Chinese duties. There are few signs either side will relent, even as they pursue a larger trade agreement.Trump hopes to use the Sunday morning session to boast of his success in boosting the US economy, particularly compared to other countries where signs of weakness are emerging."I would anticipate President Trump will be speaking quite frankly about the policies he's seen work in his own economy and really wanting to work with other countries in the G7 to figure out how we can jump-start growth in economies all around to ensure that there are markets and opportunities for all of our workers and people," an administration official said of the President's goal in calling for the economic talks.After past summits, Trump was irked at lengthy discussions about the environment and oceans, people familiar with his reaction said, and felt he wasn't given enough room to tout his achievements as president.To help make his attendance this week more palatable, aides lobbied to add the Sunday morning economic meeting as a venue for him to brag about the US economy to leaders of nations where growth is slowing.The notion of the American President convening a session simply to flaunt the relative strength of the US economy -- and taking credit for it -- isn't likely to sit well with other leaders, particularly since many of them blame his trade tactics for a slump in global growth. And European officials signaled it was unlikely Trump would go unchallenged during the meeting, with other leaders likely to raise concern that his use of tariffs is causing serious harm to the global economy.That's unlikely to move Trump. Already, he's threatened new tariffs on French wine in response to what he's said are foolish attempts to tax American tech companies like Facebook and Google.And French organizers have set low expectations for a concluding show of unity. Macron has said the notion of producing a joint communiqué at the end is "pointless."Trump, meanwhile, is preparing more intently for the several individual meetings he's scheduled with other leaders -- including a new ally, British Prime Minister Boris Johnson, who is busy preparing for the UK's exit from the European Union. Trump is also due to meet one-on-one with the leaders of the other G7 nations. 5826

"Help me, I'm Amanda Berry. I've been kidnapped and I've been missing for ten years and I'm here, I'm free now."It's been five years since we heard those words from Amanda Berry, one of three girls who went missing for years and were finally freed on May 6, 2013 from the house of horrors in Cleveland. 315

SAN DIEGO (KGTV) -- Several homes were evacuated and a bomb squad called to the scene after hundreds of rounds of ammo were discovered inside a Mira Mesa home Wednesday night. Authorities were called to the home on Avenida Del Gato and Valdosta Ave between 4 and 5 p.m. According to San Diego Police, a man was cleaning his deceased relative’s home when he found the ammo. Also discovered inside the home were mortar rounds and rocket rounds. Military ordnance experts, FBI and the Bureau of Alcohol, Tobacco, Firearms and Explosives were all called to the home. So far, authorities say they’re about 75 percent through the investigation. All the items discovered inside the home are so far inert, Jeff Ring, Commander of the Bomb Squad told 10News. The San Diego Fire-Rescue Department says six nearby homes had to be evacuated. A total of 14 adults and one child who live nearby had to leave. At this time, it’s unclear when residents will be allowed to return. 975

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