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Sears has won some more time to save itself. But not a lot more time.At a bankruptcy court hearing Thursday, Judge Robert Drain approved Sears' plan to auction off about 500 stores. The auction is central to the company's mission to remain in business. Sears intends to use funds from the sale for its operations, and it will pay rent to the stores' buyers so they can stay open.A committee of Sears' creditors had objected to the plan and argued that the company should immediately start the process of going out of business to limit its ongoing losses.Judge Drain said he will hold another hearing a week before Christmas to consider whether to go ahead with Sears' effort to stay in business or start the process to close all its remaining stores. Drain said it wasn't realistic to start a liquidation process immediately."You can't do a GOB [going out of business] plan for a company this big by snapping your fingers," he said. "Let's come back to court [in December] and see what the lay of the land is."Sears' attorneys conceded was a chance the company might not be able to survive."We recognize we have a tough path ahead of us to save the company," said Sears attorney Ray Schrock. "We're not blind to that fact."Schrock said the upcoming holiday shopping season is a crucial period for Sears, and the company believes it will at least be able to break even in the fourth quarter.The creditors' attorney expressed doubts that the company will be able to stay in business. But he said they could live with waiting until December for a decision on Sears' future.Sears also disclosed in a filing late Wednesday that it has arranged for an additional 0 million loan to fund operations during the bankruptcy process. That loan is a crucial component of the company's ability to stay in business, according to a filing the company made on the first day of the bankruptcy process, but it has taken a month to lock-up the funding.The loan is from Great American Capital Partners, rather than ESL, the hedge fund controlled by Sears Chairman Eddie Lampert. When Sears first filed for bankruptcy, it said that it anticipated the loan would come from ESL, but creditors have objected to a the series of insider deals between Sears and Lampert. 2303
SANTA ANA, Calif. (AP) — The owner of some 100 local car washes and gas stations in Southern California has been charged with failing to pay minimum wage and overtime to some 700 workers.The Orange County Register reports prosecutors say Vahid David Delrahim and his managers ordered the workers, nearly all Latino, to arrive early, but the workers were not allowed to clock in until customers arrived. When business slowed, they had to clock out but still remain on duty, waiting until more customers turned up. The result: numerous hours without pay.The U.S. Department of Labor is seeking at least million in back wages and damages.RELATED: Home Depot and Lowe's training the next generation of construction workersDelrahim's lead attorney, Rebecca Aragon, and her team call the government's claims "frivolous, vexatious and unreasonable," arguing that Delrahim was "without sufficient knowledge to admit or deny" the allegations.Prosecutors also cite the intentional "wanton destruction" of evidence. 1020

SDFD is working a Structure Residential at 8022 June Lake Dr. The call was received on 03/07/2020 at 08:39:07 PM and unit(s) arrived at 08:42:41 PM. Updates at: https://t.co/ooGHT6v0iY #FS20036835— SDFD Newsworthy Incidents (@SDFD_Incidents) March 8, 2020 269
Sears has won some more time to save itself. But not a lot more time.At a bankruptcy court hearing Thursday, Judge Robert Drain approved Sears' plan to auction off about 500 stores. The auction is central to the company's mission to remain in business. Sears intends to use funds from the sale for its operations, and it will pay rent to the stores' buyers so they can stay open.A committee of Sears' creditors had objected to the plan and argued that the company should immediately start the process of going out of business to limit its ongoing losses.Judge Drain said he will hold another hearing a week before Christmas to consider whether to go ahead with Sears' effort to stay in business or start the process to close all its remaining stores. Drain said it wasn't realistic to start a liquidation process immediately."You can't do a GOB [going out of business] plan for a company this big by snapping your fingers," he said. "Let's come back to court [in December] and see what the lay of the land is."Sears' attorneys conceded was a chance the company might not be able to survive."We recognize we have a tough path ahead of us to save the company," said Sears attorney Ray Schrock. "We're not blind to that fact."Schrock said the upcoming holiday shopping season is a crucial period for Sears, and the company believes it will at least be able to break even in the fourth quarter.The creditors' attorney expressed doubts that the company will be able to stay in business. But he said they could live with waiting until December for a decision on Sears' future.Sears also disclosed in a filing late Wednesday that it has arranged for an additional 0 million loan to fund operations during the bankruptcy process. That loan is a crucial component of the company's ability to stay in business, according to a filing the company made on the first day of the bankruptcy process, but it has taken a month to lock-up the funding.The loan is from Great American Capital Partners, rather than ESL, the hedge fund controlled by Sears Chairman Eddie Lampert. When Sears first filed for bankruptcy, it said that it anticipated the loan would come from ESL, but creditors have objected to a the series of insider deals between Sears and Lampert. 2303
School districts across the country are developing their plans to welcome back students this fall. From mandatory mask-wearing to lunch in the classrooms, students who return will likely be faced with a whole new learning environment."There will be a transition. The pandemic has been, in a sense, a chronic trauma almost for all of us and everyone has experienced it differently," says Dr. Christina Conolly, with the National Association of School Psychologists.Dr. Conolly says parents should vary how they talk to their children about the pandemic and attending school, according to their age."For myself, I have a rising 6th grader, 11-year-old, so in talking to her, she understands what’s going on and I want to be honest and truthful but I may not share with her every single detail of what’s going on just because of the fear and anxiety that can come about," says Dr. Conolly.Details to omit include death tolls and what's happening worldwide. Instead, focus on what's happening in your community. For teenagers, many will already have an idea of all the ups and downs of the COVID-19 pandemic, because of their access to cellphones and the internet. Dr. Conolly advises making sure the content they're watching is factual. Younger kids will need reassurance and transparency of what school will look like and what's expected of them."For little kids, it's okay to share with them what’s going on with the pandemic but talk to them in terms of we are here to make sure you stay safe. The school and the staff in your school are making sure you stay safe," says Dr. Conolly."I wanted to see how Trent, my youngest, was when I went out. When I saw how he looked behind the mask and how he kind of retreated I thought, 'OK, I need to be more sensitive with him.' He doesn’t need all the details, he needs the facts, what we do when we go out now, what you’re going to expect when you see," says Beth Middleton, a former elementary school teacher and mom of four.Middleton is hoping her local school district provides parents with specific details of what children can expect when they head back to class."If we don’t prepare them for what the classrooms are going to look like and the counties don't prepare us as parents for what it's going to specifically look like when they enter at all different levels, then we’re not going to know. Then we’re not going to prepare them well enough," says Middleton.Plus, there are some families who have been directly affected by COVID-19. Schools will be focusing on the health, safety and mental health for those students and staff, too. Then, there's the wearing of masks by teachers and some kids who may or may not be wearing them."You might have to explain, 'Well, maybe some kids aren’t wearing masks because they have a health condition and they can’t wear a mask. Or maybe because of other things that are going on.' So just try to make sure you’re educating your kids about best practices and you’re talking to them about if someone isn’t maybe why that’s occurring to help them understand, to try and eliminate anxiety that might exist," says Dr. Conolly.The key is to remain calm. Kids will react to the pandemic the same way you do. Give them the safety tips and reassurance they need to start off school in the healthiest way possible. 3304
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