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NEW YORK (AP and KGTV) — Sears is closing 80 more stores, including six locations in San Diego, as it teeters on the brink of liquidation.The iconic retailer, once the nation's largest department store chain, set a deadline of Friday for bids for its remaining stores to avert closing down completely.Sears has not received any bids as of Friday afternoon.The retailer that began out as a mail order catalog in the 1880s has been in a slow death spiral, hobbled by the Great Recession and then overwhelmed by rivals both down the street and across the internet.The 80 stores are due to close by March. That's in addition to 182 stores already slated for closure, including 142 by the end of 2108 and 40 by February. The company filed for Chapter 11 bankruptcy protection in October , saying at the time it would close more than 20 percent of all stores, keeping open only its 500 most profitable locations.Sears Holdings Corp., which also runs Kmart, joins the list of retail brands taken over by hedge funds that collapsed under the weight of debt forced upon them.Under hedge fund manager Eddie Lampert, Sears has bought time by spinning off stores and putting on the block the brands that had grown synonymous with the company, such as Craftsman. The company's chairman and biggest shareholder, Lampert loaned out his own money and put together deals to keep the company afloat and to turn whatever profit he could for ESL hedge fund. Lampert and ESL have been trying to buy the rest of Sears for up to .6 billion in cash and stock.But no official bid appeared to have emerged as of 4 p.m. E.T. Friday. Sears declined to comment. 1642
NEW YORK — The Northeast is preparing for a major snowstorm at a key moment in the coronavirus pandemic.It's coming days into the beginning of a massive vaccination campaign and in the thick of a virus surge that has throngs of people seeking tests per day.The storm is poised to drop as much as 2 feet of snow in some places by Thursday.Snow, sleet and freezing rain is moving north and east across the mid Atlantic region late this morning. Here are the latest snowfall and ice accumulation forecasts for the storm. pic.twitter.com/D6oTJ9bzAq— NWS Eastern Region (@NWSEastern) December 16, 2020 The pandemic is adding new complexities to officials’ preparations, from deciding whether to close testing sites to figuring out how to handle plowing as outdoor dining platforms crowd New York City streets.Still, officials say they don't expect the winter blast to disrupt vaccine distribution.New York City is also preparing its mass transit and school systems for the oncoming snowstorm. The city’s public schools will remote learn Thursday instead of learning in-person. Transit agencies in the area are shifting schedules to accommodate those who must travel.As of Wednesday at 10:30 p.m. ET, the heaviest snow fell in Central Pennsylvania, with Dushore, Pennsylvania, reporting 18.5 inches of snow. The area was still being blanketed by snow. Locales around Philadelphia and New York City reported 4 to 6 inches of snow, while areas around Pittsburgh had over 6 inches. The storm is expected to taper off by noon Thursday, WPIX reports. 1547
NEW YORK — New Jersey Rep. Bill Pascrell believes the Supreme Court rejecting a Texas lawsuit to overturn the results of the 2020 election in four battleground states Friday is not enough for the Republican members and members-elect of Congress. Pascrell, who serves the Garden State's 9th District (parts of Bergen and Passaic counties), wrote a letter to House Speaker Nancy Pelosi and House Administration Chair Zoe Lofgren saying that she should refuse to seat 126 Republicans who effectively endorsed the suit. "I’m demanding that the 126 Republicans who have endorsed a malignant lawsuit to overturn the will of the people and undermine our democracy not be seated in Congress," Pascrell said in a statement Friday. 730
NEW YORK CITY — Protests erupted in the Borough Park neighborhood of Brooklyn’s for a second night Wednesday over New York Gov. Andrew Cuomo's new restrictions on schools, businesses and houses of worship in the New York City "cluster zones" that are seeing an uptick in coronavirus cases.Some residents in those "cluster zones" have said the state is unfairly targeting Orthodox Jewish communities as it tries to stamp out hot spots before they spread.Cuomo and New York City Mayor Bill de Blasio have insisted the new restrictions are based solely on science and data around coronavirus-case clusters.Demonstrations turned violent Wednesday night when a journalist was allegedly attacked by a group of protesters he said surrounded him and kicked and hit him.Jacob Kornbluh, who identified himself as a reporter for jewishinsider.com, said hundreds of community members attacked him, calling him a "nazi" and "Hitler." 928
Northwestern University in the Chicago suburb of Evanston was under a lockdown order for nearly an hour after reports came in Wednesday afternoon of a person on campus with a gun and shots fired. It turns out that the whole incident was a hoax. According to ABC News, an Evanston Police official said that the report was a swatting incident. The emergency call to police claiming there was a gunman on Northwestern's campus came from out of state. Swatting pranks have been taking place in recent years involving a call to police prompting a SWAT unit to respond to a person's home. The prank sometimes end up being deadly. In December, a 28-year-old Kansas man was shot and killed by police after a prankster claimed the man was holding his family hostage after shooting his father. When police arrived, the man reached for a waistband, causing police to kill the man. It turns out he was unarmed, and the call came from 1,400 miles away. Northwestern University originally reported that a person with a gun was located near Engelhart Hall. Evanston Police said that several streets nearby were closed. After an initial search, Evanston Police said they could not find any victims, gunmen or crime scene. Students and employees were being told to seek shelter around 2:40 p.m. local time. An hour after the initial lockdown order, Northwestern said that only those in Englehart Hall remained in shelter. An all clear was given shortly after 4 p.m. local time. 1540