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NEW YORK (AP) — Billionaire and former New York City Mayor Michael Bloomberg, one of the world’s richest men, has formally launched a Democratic bid for president.Ending weeks of speculation, the 77-year-old former Republican announced his candidacy Sunday in a written statement posted on a campaign website describing himself as uniquely positioned to defeat President Donald Trump. He will quickly follow with a massive advertising campaign blanketing airways in key primary states across the U.S.“I’m running for president to defeat Donald Trump and rebuild America,” Bloomberg wrote.“We cannot afford four more years of President Trump’s reckless and unethical actions,” he continued. “He represents an existential threat to our country and our values. If he wins another term in office, we may never recover from the damage.”Bloomberg’s entrance comes just 10 weeks before primary voting begins, an unorthodox move that reflects anxiety within the Democratic Party about the strength of its current candidates.As a centrist with deep ties to Wall Street, Bloomberg is expected to struggle among the party’s energized progressive base. He became a Democrat only last year. Yet his tremendous resources and moderate profile could be appealing in a primary contest that has become, above all, a quest to find the person best-positioned to deny Trump a second term next November.Forbes ranked Bloomberg as the 11th-richest person in the world last year with a net worth of roughly billion. Trump, by contrast, was ranked 259th with a net worth of just over billion.Already, Bloomberg has vowed to spend at least 0 million of his fortune on various pieces of a 2020 campaign, including more than 0 million for internet ads attacking Trump, between million and million on a voter registration drive largely targeting minority voters, and more than million on an initial round of television ads.He did not say how much he would be willing to spend overall on his presidential ambitions, but senior adviser Howard Wolfson did: “Whatever it takes to defeat Donald Trump.”Wolfson also said that Bloomberg would not accept a single political donation for his campaign or take a salary should he become president.Even before the announcement was final, Democratic rivals like Bernie Sanders pounced on Bloomberg’s plans to rely on his personal fortune.“I’m disgusted by the idea that Michael Bloomberg or any billionaire thinks they can circumvent the political process and spend tens of millions of dollars to buy elections,” Sanders tweeted on Friday.Elizabeth Warren, another leading progressive candidate, also slammed Bloomberg on Saturday for trying to buy the presidency."I understand that rich people are going to have more shoes than the rest of us, they're going to have more cars than the rest of us, they're going to have more houses,” she said after a campaign stop in Manchester, New Hampshire. “But they don't get a bigger share of democracy, especially in a Democratic primary. We need to be doing the face-to-face work that lifts every voice."Bloomberg does not speak in his announcement video, which casts him as a successful businessman who came from humble roots and ultimately “put his money where his heart is” to effect change on the top policy issues of the day — gun violence, climate change, immigration and equality, among them.Bloomberg has devoted tens of millions of dollars to pursue his policy priorities in recent years, producing measurable progress in cities and states across America. He has helped shutter 282 coal plants in the United States and organized a coalition of American cities on track to cut 75 million metric tons of carbon emissions by 2025.But he is far from a left-wing ideologue.Bloomberg has declined to embrace Medicare for All as a health care prescription or the “Green New Deal” to combat climate change, favoring a more pragmatic approach.Still, he has endeared himself to many of the nation’s mayors, having made huge investments to help train local officials and encouraging them to take action on climate, guns and immigration in particular.Ahead of Bloomberg’s presidential announcement, the mayors of Columbia, South Carolina, and Louisville, Kentucky, endorsed him. Despite that show of support from two local black leaders, Bloomberg may have trouble building a multi-racial coalition early on given his turbulent record on race relations in New York.He angered many minority voters during his 12 years in the New York City mayor’s office for embracing and defending the controversial “stop-and-frisk” police strategy, despite its disproportionate impact on people of color. Facing an African-American congregation this month in Brooklyn, Bloomberg apologized and acknowledged it often led to the detention of blacks and Latinos.The apology was received skeptically by many prominent activists who noted that it was made as he was taking steps to enter the race.The campaign will be headquartered in Manhattan and managed by longtime adviser Kevin Sheekey. Wolfson will also play a senior role.Bloomberg’s team did not establish a super PAC before launching the campaign, preferring to run the primary campaign and a simultaneous set of general election-focused moves like the anti-Trump internet ads and voter registration drive out of the same office.The path ahead may be decidedly uphill and unfamiliar.Bloomberg plans to bypass the first four states on the primary calendar — Iowa, New Hampshire, Nevada and South Carolina — and focus instead on the crush of states that vote on Super Tuesday and beyond. It's a strategy that acknowledges the limitations of entering the race at this late stage and the opportunities afforded by his vast personal wealth.His team has noted that several candidates have devoted much of the year to building support on the ground in the earliest states, and Bloomberg needs to be realistic about where he can make up ground.Nearly a quarter of primary delegates are up for grabs in the March 3 Super Tuesday contests, which have gotten far less attention so far.Bloomberg has openly considered a presidential bid before, but as an independent. He declined to enter the 2016 contest only after deciding there was no path to victory without the backing of a major political party.He explored a run earlier this year, too, but decided there was no path with establishment-favorite Joe Biden in the race. Biden’s perceived weakness, along with the rise of progressive firebrand Warren, convinced him to reconsider.“We believe that voters are increasingly concerned that the field is not well positioned to defeat Donald Trump,” Wolfson said of Bloomberg’s decision to change his mind.Initially registered as a Democrat, the Massachusetts native filed paperwork to change his voter registration to Republican in 2000 before his first run for New York City mayor, according to a spokesman. In June 2007, he unenrolled from the GOP, having no formal party affiliation until he registered again as a Democrat this October.While some will question his newfound commitment to Democrats, he vowed allegiance to the party in an Associated Press interview earlier in the year, saying, “I will be a Democrat for the rest of my life.”__Associated Press writer Hunter Woodall in Manchester, New Hampshire, contributed to this report. 7347

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 PORT RICHEY, Fla. — A Pasco County, Florida family is suing the Pasco County School Board alleging their son was shown pornographic videos on a school-issued iPad."It wasn't a personal cell phone. It wasn't a personal iPad. It was school equipment and the school internet," said the boy's mother, Jennifer Haag.The lawsuit claims two older male students showed Haag's son inappropriate videos during a free class period at River Ridge Middle School in New Port Richey. She said this continued for three months."It was considered a recess for the special needs children, all different ages for middle schoolers and they were just allowed to have free time," Haag said.The lawsuit states the incident happened in 2015 when the student was 11-years old. The lawsuit claims the student has suffered mental and emotional harm. The lawsuit also claims the iPads had "inadequate security features allowing students to access obscene and pornographic materials."Haag said her son told a teacher that students were viewing these videos."He finally got the courage to go to the adult that was supervising and try to tell him bad things were going on and he was told to 'stop being a tattle tale' and to go play," said Haag.Haag said she hopes school leaders pay better attention."I was absolutely devastated and heartbroken. I put a lot of trust in the school system," Haag said.Scripps station WFTS in Tampa reached out to a school district spokesperson who said the district cannot comment on pending litigation. 1531

None of the earthquakes that have been happening in the Imperial Valley are anywhere near the San Andreas fault. They are in the Brawley Seismic Zone - a network of small faults that connect the San Andreas and Imperial faults. Historically largest Brawley event was M5.8— Dr. Lucy Jones (@DrLucyJones) October 1, 2020 332

NORTH PARK, Calif. (KGTV) - Peking Restaurant, a staple of the North Park food scene for 88 years, will close in March of 2019.The owners made the announcement on their Facebook page earlier this month, saying it was time to retire."I'm going on 75 years old," co-owner Ken Fong told 10News. "It's time to enjoy my last few years."The Facebook post says "This decision did not come lightly to us as Pekin is such a special place in our hearts and we love what we do and all of you. A majority of our incredible staff here have been with us 25-40 years... and are ready for the next chapter of retirement and new endeavors."Fong says it's not just the owners who want to retire, but cooks and servers as well.Since word got out about the closure, the restaurant has been flooded with people who want one more meal at a place that became the go-to spot for Chinese food in the area."It's overwhelming," says Fong. "It's driving us nuts. Everyone is overworked."Fond adds that he doesn't mind the extra work, but he didn't expect this kind of reaction.In the wake of the extra crowds, the restaurant put up a sign warning customers that wait times may take longer than usual. They say they don't want to add capacity, so they can give customers the same level of service they've always had.People in the area say it's sad to see such a great place go away."This is something I've known my whole life. I'm going to miss it," says Barbara Sims. She used to come with her parents as a child. Now she brings her grandkids to the restaurant when they visit.Fong says he appreciates all the well wishes he's received in the past few weeks."They all want to come back and have one last memory," he says. "So, thank you."The restaurant will stay open through the Chinese New Year in February and then close in March.Fong says several people and real estate groups have looked into buying it, but he doesn't know if the new owners will keep the location as a Chinese food restaurant or open something new. 2001

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