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Sears is seeking court approval to pay executives as much as million in quarterly bonuses while the company struggles to restructure in bankruptcy.Three top executives could get nearly million each if the company goes out of business. If Sears remains in business, they could get nearly 0,000 each for hitting the top performance targets.Sears filed two different types of bonus plans in bankruptcy court?Thursday. The first is for the top 18 "key" executives, who would collectively get as much as .1 million per quarter. The bonuses would only be paid in full if Sears reaches its cash-flow targets. Sears Holdings, which includes both Sears and Kmart, has been burning through cash at a rate of about 5 million a month.A second retention bonus plan was designed to encourage 322 other unnamed executives to stay put during Sears' reorganization. They would collectively get .9 million a quarter, which works out to an average of about ,000 per quarter per executive. No executive could receive more the 0,000 in bonuses for staying with the company during the bankruptcy process.A judge's approval is needed before the bonuses could be paid. A hearing on the plans is set for December 20.The company wants to retain as many executives as it can, but Sears is laying off employees who staffed?hundreds of stores it is closing. Many hourly workers claim they will not be paid severance.Shelia Brewer, who worked for 17 years as a full-time hourly employee at a Kmart in Rockford Illinois, said the company told her she'd get eight weeks of severance. Instead, she received a letter saying that severance payments were being halted because of the bankruptcy, and she would get only the four weeks of pay she had already received."It hit me hard. I was already struggling as it was," she said. She said the bonus plan makes her angry."They say we can't get our severance because there's no money, but they're getting bonuses? It's like a slap in the face," she said.A Sears spokesman declined to comment on the bonus plan or its current severance policy.Eddie Lampert, the company's primary shareholder and chairman, apparently will not receive a bonus, according to the filing.The three top executives who were given the responsibility for running the company during its reorganization are in position for the largest bonuses. They are Chief Financial Officer Robert Riecker, Chief Digital Officer Leena Munjal and Gregory Ladley, president of the company's clothing and footwear business.Each could receive as much as 0,000 a quarter in bonus payments for hitting the maximum cash flow targets. They could receive four times that much if Sears goes out of business, in something the company called an "acceleration event."Retention bonuses for top executives are not unusual when companies go bankrupt. But bankruptcy law limits how much severance companies can pay.Toys "R" Us won approval for up to million in bonuses for 17 top executives a year ago during its failed attempt to stay in business, despite objections from employees groups and others."It's outrageous that the bankruptcy court is considering bonuses for Sears' high paid executives while laid off employees get their severance pay cut off," said Carrie Gleason, campaign manager for Rise Up Retail, a retail employee advocacy group. "This is exactly what happened at Toys 'R' Us. A handful of executives who couldn't save the company got millions in bonuses while tens of thousands of dedicated employees were denied their promised severance pay." 3581
SAN DIEGO (KGTV) - The clock is ticking as family members of Suzanne Johnson wait to see if Governor Jerry Brown will grant clemency before he leaves office Monday. Six-month-old Jasmine Miller died while under the care of Johnson at her home daycare center in North Park in 1997. Johnson found guilty of assaulting Jasmine and sentenced to life in prison. Prosecutors argued Johnson was frustrated by the baby's crying, pointing to the accepted signs of Shaken Baby Syndrome: Bleeding behind the eyes, and bleeding and swelling in the brain."We've seen a major shift in the science of Shaken Baby Syndrome," said Mike Semanchik, managing attorney with the California Innocence Project at California Western School of Law.According to Semanchik, "based on the science we know now, the jury at the time would not have found Suzanne Johnson guilty." Medical consensus now says those telltale signs of shaken baby syndrome can be caused by various medical conditions and accidental falls from short heights.Johnson says Jasmine fell out of her high chair but seemed okay, before becoming unresponsive hours later."The evidence supports an equal theory for a fall, as it does for an intentional act," said Semanchik.The science has not been enough to persuade the courts. All appeals for a new trial have been rejected."Missing her has been pretty horrific," said Sharon Johnson, Suzanne's daughter-in-law. She describes her mother-in-law as a loving woman who has remained positive, leading bible study and other groups in prison. She's up for parole in 2020, but Sharon hopes a petition for clemency on the governor's desk will be granted."She's 74. She's been wrongly incarcerated for 20 years. We just want her home," said Sharon Johnson. Semanchik says new evidence also shows paramedics forced a breathing tube down the baby's esophagus rather than her windpipe, an error that could have contributed to her death.A spokesperson for the District Attorney's office says they are in touch with Jasmine's family and remain opposed to the clemency petition.Former District Attorney Bonnie Dumanis, who did not support arguments for a new trial, has submitted a letter in support of the clemency petition."She has done well in prison. She is no longer a threat to society. I support her being let out one year early," said Dumanis. 2338
(CNN) -- Fear not, Halloween purists: Your beloved holiday will probably remain on October 31. But what's better than one day of witches and vampires roaming the street? Two days of treats!The group that petitioned to move Halloween to the last Saturday of October has a new proposal: Rather than change the date, why not add a whole extra day of spooks and haunts?On Wednesday, the Halloween & Costume Association proposed a new holiday: National Trick or Treat Day. It would fall on the last Saturday of October and thereby extend the official Halloween celebration, rather than moving it.Amending its initial change.org petition that garnered more than 100,000 signatures, the trade group said the new holiday will "enhance the Halloween that we all know and love" and unite the country in the process.The association will partner with Party City to launch #ALLoween, a campaign to promote the new holiday that -- fittingly -- hits stores on Friday, September 13, according to the petition.The association's campaign to shift Halloween to a Saturday began in 2018. Organizers claimed that the change would make the holiday "safer, longer and stress-free."After a year languishing on the petition website, it began picking up steam this month.The group didn't specifically outline just how a Saturday spookfest would make for a better Halloween, but in theory, the festivities could start earlier and end before the sun sets, working parents could accompany their trick-or-treaters, and school-age kids wouldn't miss their bedtimes.And as any child (or former child) can attest, there's nothing spookier than staying up late on a school night.There's a financial aspect, too: Halloween spending is expected to hit billion in 2019, according to the National Retail Federation. Double the celebration might bring double the reason to stock up on fake cobwebs and fun-sized candy.Is another holiday even needed?It's not uncommon for schools and neighborhoods to celebrate Halloween throughout the month of October.Family-friendly parades and weekend block parties make it possible for parents to watch kids closely or enjoy their own Halloween fun. And for kids, extra celebrations bring more opportunities to dress up, gorge on candy, carve pumpkins and bob for apples.Halloween has long terrified parents and consumer safety advocates for different reasons: People flooding the streets at night raises the risk of pedestrian deaths.Culturally insensitive or even downright racist costume choices appear every year despite repeated backlash. Oh, and it might be the only day when children are encouraged to take candy from strangers. 2648
"No Irish Pub," which opened in Corktown during Detroit's St. Patrick's Day parade, has implemented a shocking rule to make a point.The pub refuses to serve Irish people.Those behind the idea want people to experience how Irish immigrants used to be treated in America.It's described as a social experiment designed to start a conversation around immigrant rights.View a video below:No Irish Pub from Atlas Industries on Vimeo.For more information, visit NoIrishPub.com 477
A Pizza Hut manager in Florida threatened to punish employees who missed shifts by evacuating too early for Hurricane Irma.In a memo, the manager said workers at the Jacksonville restaurant have a "responsibility and commitment" to the community, and that employees who needed to evacuate would get only a 24-hour "grace period" before the storm."You cannot evacuate Friday for a Tuesday storm event!" the notice read. "Failure to show for these shifts, regardless of reason, will be considered a no call / no show and documentation will be issued."It also said that employees would be required to return to the city within 72 hours of an evacuation.Pizza Hut said its "local franchise operator has addressed this situation with the manager involved.""We absolutely do not have a policy that dictates when team members can leave or return from a disaster, and the manager who posted this letter did not follow company guidelines," the company said in a statement.The company added that all stores in Irma's path had been shuttered and wouldn't reopen "until local authorities deem the area safe."Pizza Hut declined to say whether the manager involved has been disciplined.Jacksonville authorities issued the first evacuation orders for parts of the city on Friday. On Monday, the sheriff's office tweeted to people in evacuation zones: "Get out NOW." Up to 4 feet of water covered some streets.FEMA is advising people in the storm's path to "only return home when local officials say it's ok."The Pizza Hut notice spurred resentment on social media. 1583