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JCPenney is in serious trouble. There's no sugarcoating it.The department store chain, famous for its Christmas catalogs, is losing money — and customers. It has a lot of debt. And not much cash.A dismal earnings report on Thursday only reinforced that time is running out. JCPenney reported an adjusted loss of million in the first quarter, even worse than Wall Street was expecting, and lowered its projections for the year. Sales fell 4 percent, also missing estimates.Much like floundering rival Sears, JCPenney is struggling to adapt to the changing retail landscape as people increasingly shop on their phones. 628
Joint statement by @NYSenatorFelder, @ChaimDeutsch, @KalmanYeger, and myself regarding @NYGovCuomo’s irresponsible rhetoric and constitutionally questionable shutdown of our communities. pic.twitter.com/LyMSBsAGJM— Simcha Eichenstein (@SEichenstein) October 7, 2020 273
JOHANNESBURG (AP) — An unknown man assaulted actor Arnold Schwarzenegger during a public appearance in South Africa on Saturday, but the 71-year-old appeared to quickly recover and say "I'm just glad the idiot didn't interrupt my Snapchat."Video shows the former California governor standing and filming children at a sporting event in Johannesburg when a man makes a flying kick into his back. Schwarzenegger stumbles forward. The man is quickly grabbed by security. Off camera a man shouts several times "Help me!"The video shortly afterward shows Schwarzenegger smiling and shaking hands with bystanders but then walking out ringed by security.Schwarzenegger later posted on Twitter: "Thanks for your concerns, but there is nothing to worry about. I thought I was just jostled by the crowd, which happens a lot. I only realized I was kicked when I saw the video like all of you. I'm just glad the idiot didn't interrupt my Snapchat."He had been attending his Arnold Classic Africa event, which features dozens of sports and fitness activities. In a separate Twitter post, the event blamed a "crazed fan" for the assault.The statement cited organizer Wayne Price as saying the assailant was "known to the police for orchestrating similar incidents in the past" and that Schwarzenegger was "fine and still in good spirits."The actor confirmed he had no intention of laying charges and would continue with another appearance on Sunday as planned, the statement said. 1474
LA JOLLA, Calif. (KGTV) - After serving the beach communities of Pacific Beach and La Jolla for more than 60 years, Pernicano’s Family Restaurant will be closing.Johnny Pernicano Sr., the restaurant's enigmatic founder, still comes every night, singing to patrons with his piano and accordion.“I learned how to play all the instruments just by being here every night,” said Pernicano.He and his nine brothers began opening restaurants across San Diego after World War II. As the youngest son, he started off making pizzas in his older brother’s restaurant. But by the mid ’50s, he went off on his own to build the restaurant that’s now on Turquoise Street on the southern edge of La Jolla.Since then, it’s served as the reliable home for birthdays, reunions, fundraisers and family dinners across San Diego.It’s one of three surviving Pericano’s in the county. Two of his nephews, now in their 70's, operate locations in El Cajon and Poway. They will remain open for the foreseeable future.The location on Turquoise Street will have its last day on Sept. 15.Johnny says he has leased the space out to a new family who plans on opening a new restaurant at the location. 1186
JACKSON, Miss. — Mississippi legislators have voted to remove a Confederate battle emblem from their state flag. Mississippi’s House and Senate voted Sunday to retire the flag adopted in 1894. It's the last state flag that includes a Confederate symbol that many people condemn as racist. Republican Gov. Tate Reeves has said he will sign the bill. The change comes amid widespread protests over racial injustice. Mississippi has a 38% Black population. A commission would design a new flag that cannot include the Confederate symbol but must have the words “In God We Trust.” Voters will be asked to approve the new design in the Nov. 3 election. 655