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Barneys, an icon of America's luxury clothing world for decades, has filed for bankruptcy.The New York-based retailer filed for Chapter 11 bankruptcy protection early Tuesday morning. It said in a statement that it had also secured million from affiliates of Hilco Global and the Gordon Brothers Group to help meet its financial commitments."Like many in our industry, Barneys New York's financial position has been dramatically impacted by the challenging retail environment and rent structures that are excessively high relative to market demand," Barneys CEO Daniella Vitale said in a statement.The bankruptcy filing will allow the company "to conduct a sale process, review our current leases and optimize our operations," she added.The company said it will continue to operate five flagship locations in New York, Los Angeles, San Francisco and Boston, as well as Barneys.com and BarneysWarehouse.com. However, it said it is shutting down stores in Chicago, Las Vegas and Seattle.The company is also shutting down five "concept stores" and seven of its nine Barneys Warehouse stores.The move was not unexpected. Reuters reported last month that filing for bankruptcy protection could help alleviate the pressure of expensive leases.The company traces its history to 1923, 1293

An officer with the Oklahoma County detention center says he quit his job because he was not permitted to take a knee with protesters at an anti-police brutality demonstration in Oklahoma City.According to 218

At 1:41 p.m. on March 15, cars stream up and down Deans Avenue in the New Zealand city of Christchurch and pedestrians stroll casually along the sidewalk.Security camera footage obtained from the owners of a hotel on the street shows what, at that moment, seemed like a regular Friday.But the subsequent footage of the small hotel parking lot, which some pedestrians crossed to access the Al Noor Mosque, located roughly 300 meters (984 feet) to its north, reveals important details about the 505

An increase in sexually transmitted diseases in Hawaii to the highest numbers reported in decades can be linked to the prevalence of online dating, officials said.Cases of chlamydia, gonorrhea and syphilis have increased significantly in the state, The Honolulu Star-Advertiser 290

Brian Thomas just bought a new washing machine after spending time looking for a good deal."I found it a little stressful," he said. But he found a great deal.That stress he was enduring is happening to other consumers as tariffs have already led to price increases. It’s sticker shock. "It's increased, absolutely — you see 0-0 increase at least in what I looked at,” Thomas said.Appliances in particular have price increases from tariffs. Mexico exported billion worth of appliances just to the United States last year. At that time, the Trump administration hit the country with a 25 percent tariff on all imported goods.While the two countries play economic hardball, it’s the consumer who ends up paying more for everyday items coming from overseas.Metro University Associate Economics Professor Alexandre Padilla said there is debate on how tariffs will impact all. "The people that mostly are hurt or harmed by those tariffs are actually on the lower side of income,” Padilla said.People in favor of the tariffs say they keep jobs in the U.S."Should we penalize 10 million people to save a hundred thousand jobs? That's the question,” Padilla said.While Mexico tariffs are currently not in place, China's are. In May, tariffs increased on 0 billion worth of Chinese goods. 1305