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Marking 100 days until the PyeongChang Winter Olympics, the Olympic flame has once again arrived on South Korean soil.Thirty years after the 1998 Seoul Summer Olympics, the flame arrived at Incheon airport to a show of singing, dancing and speeches.South Korea's favorite figure skater and former Olympiad, Kim Yuna and Prime Minister Lee Nak-yon stood side by side to ignite the flame to a ceremonial cauldron and start the Olympic torch relay. 453
McDonald's is celebrating International Women's Day with a big, gleaming, W."For the first time in our brand history, we flipped our iconic arches," said McDonald's Chief Diversity Officer Wendy Lewis.The giant arches have been physically flipped at just one California restaurant. On Thursday, International Women's Day, upside-down arches will replace rightside-up arches across McDonald's digital channels.Lewis said McDonald's is flipping its logo "in honor of the extraordinary accomplishments of women everywhere."The restaurant chain will also mark the occasion at another 100 US locations, where McDonald's employees will wear special hats and shirts.Related: McDonald's is taking cheeseburgers out of the Happy MealIn recent years, companies have started using International Women's Day to broadcast their views on gender equality."International Women's day is a perfect opportunity for brands to talk about their commitment to empowerment," said Tim Calkins, a marketing professor at Northwestern University's Kellogg School of Management."It's a perfect venue to get out there and enhance your brand perception," he said.In a statement, McDonald's said that 6 out of 10 managers of US restaurants are women."We have a long history of supporting women in the workplace," the company added.Related: McDonald's is going greenBrands may also be eager to replicate the success of others, Calkins said."When companies see high-profile campaigns that get some traction and get some discussion, they are very quick to jump on the bandwagon."One example of a particularly successful campaign is the "Fearless Girl," sculpture, which was installed across the "Charging Bull," in New York City by State Street ahead of International Women's Day last year.The statue was designed by the financial services company and the advertising firm McCann to call attention to State Street's efforts to improve gender diversity on corporate boards. But it soon took on a life of its own.The-CNN-Wire? & ? 2018 Cable News Network, Inc., a Time Warner Company. All rights reserved. 2080
Marathon has agreed to sell one of its subsidiaries, Speedway, to the parent company of 7-Eleven, the Minneapolis Star Tribune and The New York Times reported Sunday.The reports say that Marathon is selling the 4,000 Speedway locations to Seven & I Holdings for billion. The New York Times reports that Seven & I will increase its store count from about 10,000 to about 14,000 with the purchase.Marathon has struggled financially in recent months had has shut down operations in two refineries. It's been seeking to sell Speedway for months as it looks to pay down debt and support dividend payments.Marathon says it expects to bring in .5 billion from the deal after-tax cash proceeds.Oil prices have plummeted in 2020 as the coronavirus has prevented people around the world from traveling. 815
MARYVILLE, Tenn. – Ruby Tuesday has filed for Chapter 11 bankruptcy protection.The casual dining chain says it's pursuing a comprehensive financial and operational restructuring aimed at reducing the company’s current debt and enhancing operations to continue to serve guests in the future.In a statement, Ruby Tuesday CEO Shawn Lederman said the restructuring will allow the business to reposition for long-term stability as it recovers from the unprecedented impact of COVID-19.The restaurant says it will continue serving guests as usual, with increased distancing, cleaning and sanitization protocols in place to ensure safety and peace of mind in response to the COVID-19 pandemic.“This announcement does not mean ‘Goodbye, Ruby Tuesday,’” wrote Lederman.The company also notes that Ruby Tuesday gift cards and “So Connected Rewards” will continue to be valid and retain their value through the bankruptcy process.“Our restructuring demonstrates a commitment to Ruby Tuesday’s future viability as we work to preserve thousands of team member jobs,” Lederman continued in his statement. “Our guests can be assured that during the Chapter 11 process, we will continue to deliver welcoming service and provide a safe environment for guests and team members, while serving fresh, signature products that only Ruby Tuesday can offer. With this critical step in our transformation for long-term financial health – this is ‘Hello’, to a stronger Ruby Tuesday.”Though a timeline for the bankruptcy was not provided, the company says it intends to move through the process as quickly as possible. 1600
MALIBU, Calif. (AP) — Relief and heartache await those starting to return home to a Southern California wildfire zone.Eager to know the status of his house, 69-year-old Roger Kelly defied evacuation orders Sunday and hiked back into Seminole Springs, his lakeside mobile home community in the Santa Monica Mountains north of Malibu.His got the thrill of finding his house intact. But some a half-block away were laid to waste, as were dozens more, and virtually everything on the landscape around the community had been turned to ash."I just started weeping," Kelly said. "I just broke down. Your first view of it, man it just gets you."The community where Kelly and his wife have lived for 28 years and raised two children was among the hardest hit by the so-called Woolsey fire that broke out Thursday, destroying at least 177 homes and leaving two people dead.Despite strong Santa Ana winds that returned Sunday, no additional structures were believed to have been lost, meaning many would return in the coming week to find their home as Kelly did, authorities said.Santa Ana winds, produced by surface high pressure over the Great Basin squeezing air down through canyons and passes in Southern California's mountain ranges, are common in autumn and have a long history of fanning destructive wildfires in the region.Huge plumes of smoke still rose in the fire area, which stretches miles from the northwest corner of Los Angeles' San Fernando Valley to the Malibu coast.Airplanes and helicopters swooped low over hills and canyons to drop loads of fire retardant and water.A one-day lull in the dry, northeasterly winds ended at midmorning and authorities warned that the gusts would continue through Tuesday.The lull allowed firefighters to gain 10 percent control of the Woolsey fire, which has burned more than 130 square miles (335 square kilometers) in western Los Angeles County and southeastern Ventura County since Thursday.Los Angeles County Fire Chief Daryl Osby stressed there were numerous hotspots and plenty of fuel that had not yet burned, but at sunset he said there had been huge successes despite "a very challenging day."The count of destroyed homes was expected to increase when an update is reported Monday. Osby noted that a November 1993 wildfire in Malibu destroyed more than 270 homes and said he would not be surprised if the total from the current fire would be higher.The fire's cause remained under investigation but Southern California Edison reported to the California Public Utilities Commission that there was an outage on an electrical circuit near where it started as Santa Ana winds blew through the region.SoCal Edison said the report was submitted out of an abundance of caution although there was no indication from fire officials that its equipment may have been involved. The report said the fire was reported around 2:24 p.m. Thursday, two minutes after the outage.Venture County Fire Chief Mark Lorenzen hadn't heard about the Edison report. "It wouldn't surprise me" if it turns out that winds caused equipment failure that sparked a fire, he said.The two dead were severely burned, their bodies discovered in a car on a long residential driveway on a stretch of Mulholland Highway in Malibu, where most of the surrounding structures had burned. Authorities said investigators believed the driver became disoriented and the car was overcome by fire.The deaths came as authorities in Northern California announced the death toll from a massive wildfire there has reached 29 people, matching the deadliest fire in state history.Progress was made on the lines of smaller fire to the west in Ventura County, which was 70 percent contained at about 7 square miles (18 square kilometers), and evacuations were greatly reduced. But thousands remained under evacuation orders due to the Woolsey fire.Three firefighters suffered minor injuries, Osby said.Also injured was a well-known member of the Malibu City Council. Councilman Jefferson "Zuma Jay" Wagner was injured while trying to save his home, which burned down, Councilman Skylar Peak told reporters Sunday.Peak said Wagner was hospitalized but was expected to recover. Wagner runs Zuma Jay Surfboards, a longtime fixture on Pacific Coast Highway near the landmark Malibu Pier.The extensive celebrity community within Malibu wasn't spared. Singer Robin Thicke and actor Gerard Butler and were among those whose homes were damaged or destroyed.Spot fires continued to occur late Sunday afternoon near the Malibu campus of Pepperdine University, where 3,500 students were sheltering in place. The university said it was closing Malibu campus and its Calabasas campus to the north until Nov. 26 but classes would be remotely administered online and through email.But fire officials say fire behavior has changed statewide after years of drought and record summer heat that have left vegetation extremely crisp and dry. That change has impacted the ability to move firefighting resources around the state."Typically this time of year when we get fires in Southern California we can rely upon our mutual aid partners in Northern California to come assist us because this time of year they've already had significant rainfall or even snow," said Osby, the LA County fire chief.With the devastation and loss of life in the Northern California fire, "it's evident from that situation statewide that we're in climate change and it's going to be here for the foreseeable future," he said. 5485