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Are you stuck with a Toys 'R' Us gift card, and thinking it is worthless? Kmart announced on Tuesday an exchanged program for those with defunct Toys 'R' Us gift cards. Toys 'R' Us is in the midst of closing all of its stores, and liquidating products. Earlier in May, the retailer stopped accepting gift cards. Kmart said it will allow those with gift cards to Toys 'R' Us to exchange cards for  of FREECASH in points through the in-store exchange. The offer runs through the end of July. In order to take advantage of the offer, Kmart customers will need to join the Shop Your Way program. The offer is good even on expired gift cards. "Kmart has long been a family shopping destination for expecting and current parents," said Leena Munjal, chief digital officer for Sears Holdings Corporation. "We're adding more excitement to shopping and giving more savings back to our members by offering incentives to shop easily and conveniently for popular children's items."For more information on the exchange program, click here.  1078

As COVID-19 first started to spread in the U.S., hospitals around the country were forced to stop elective surgeries. Now, hospital officials say they're facing perhaps the biggest financial crisis in their history."We've had to curtail regular operations, some of which involve these non-emergent procedures that you mention, and as a result from March to June, we saw a loss of revenue of 0 billion or billion a month," said American Hospital Association President Rick Pollack.Hospitals have also taken on major expenses when it comes to preparing and caring for COVID-19 patients. Plus, many patients they treat don't have insurance.Pollack says hospitals collectively are one of the largest employers in the country, employing more than 5 million people."Half of hospitals' budgets, over half, is devoted to labor costs. So, of course, when all regular operations are shut down and you’re incurring additional expenses to prepare for treating the virus for the community, you have to find ways to cut costs," explained Pollack.Some hospitals have resorted to laying off or furloughing staff."So, it's the last choice,” Pollack said. “It's a bad choice and we try to avoid it, but sometimes, it's inevitable to just stay afloat.”"Whether the disruptions in the health industry remain temporary or permanent is an interesting case because it affects everyone," said Jack Strauss, the Miller Chair of Applied Economics at the University of Denver.Strauss is concerned about how the healthcare industry will recover from the COVID-19 pandemic, especially amid a possible second wave of infections."They make their money on elective surgery and those were not occurring, and so, they're not probably positioned to recover," said Strauss.While a number of states are allowing elective procedures again, the wait time for these patients may be detrimental."Whether it's the detection for a tumor or a scan of a part of a body for a diagnostic procedure, a replacement of a heart valve. So, when you talk about electives, they're really not all that discretionary and we’re really concerned in the period that we shut down all non-emergent procedures that there was a deferral of care,” said Pollack. “We do hear, anecdotally, that the people that are coming back are in a much sicker position because they didn’t get the care that they needed.”Pollack says in order for the healthcare industry to recover, they're going to need a lot of help from the federal government."There's no question, if we don't get the additional assistance it will put the financial viability of a lot of hospitals at risk, particularly in rural areas and vulnerable urban areas," said Pollack.As possibly the biggest industry in the country that's been on the front lines of treating COVID-19, hospitals hope they're one of the first to get major federal help so that the healthcare industry can survive this pandemic. 2909

An organization started by NBA star LeBron James is donating 0,000 to help pay-off court debts in Florida, which will help ex-felons be eligible to vote later this fall.A group called More than a Vote said it will donate 0,000 to the Florida Rights Restoration Coalition. More than a Vote was started by James and other Black athletes and entertainers, and focuses on voting rights. 396

Ananya Vinay, the 2017 Scripps National Spelling Bee champion, has had quite a year.It started with confetti cannons on stage after she spelled "marocain" correctly. Then she made the rounds: talk shows like Jimmy Kimmel Live and other media appearances.She rode in a limo to the Golden State Warriors' final basketball game of last season, and got to see the trophy presentation when her team won the championship."It was really exciting," she said.She also toured the Google campus, got a rally at her school and had a day named in her honor by the governor of California. It was all a big surprise, she said.And she's picked up other hobbies, too: she made it to the National Science Bowl, the state science fair and competed in Mathcounts.She also wants to write more and join the forensics team. And she's started a website and tutors some spellers.A lot of it comes from her Bee experience."It really gives you a lot of confidence," Ananya said. "It gives you a lot of knowledge about the world."Ananya carried the trophy in to the opening ceremony Monday night and kicked off the Bee."I'm really glad to be back; I have a lot of friends here," she said. "I'm hoping for the best for every competitor." 1216

Applebee's announced Tuesday it will close as many as 80 restaurants nationwide as the chain continues to struggle attracting young diners.The announcement comes after Applebee's parent company, DineEquity, said in August it would close more than 100 restaurants.It's not clear which Applebee's locations would close, but according to Fortune, remaining locations will be judged on a number of criteria. “The expected closures will be based on several criteria, including meeting our brand and image standards as well as operational results,” DineEquity told Fortune in a statement.DineEquity also announced it would close up to 40 IHOP locations, though it plans to open as many as 100 new locations of the breakfast chain throughout the country.DineEquity's stock has soared since the announcement, rising nearly 20 percent on Tuesday.Alex Hider is a writer for the E.W. Scripps National Desk. Follow him on Twitter @alexhider. 982

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