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America's oldest department store is officially closing.Lord and Taylor announced Thursday they would be shutting down their remaining 38 stores. The high-end retailer began as a Manhattan dry goods store in 1824. It was sold last year to the French rental clothing company Le Tote Inc.Lord and Taylor filed for bankruptcy on August 2.The company said the initial plan was to leave some stores open but decided it was a better financial decision to close all the stores.The liquidator for the company said customers could expect deep discounts on merchandise both in stores and online."This Going Out of Business event gives shoppers the opportunity to take advantage of exceptional savings on notable brands at rarely seen discounts," a spokesperson for the joint venture stated. "Customers will continue to experience the superior service and value they've come to expect from this iconic retailer."The company said going out of business sales at the remaining stores will begin Thursday. 998

Andrew McCabe is describing his firing as part of President Donald Trump's "ongoing war" with the FBI and the special counsel investigation.Attorney General Jeff Sessions fired the former FBI deputy director Friday, two days before McCabe was set to retire, ending his two-decade career with the bureau."This attack on my credibility is one part of a larger effort not just to slander me personally, but to taint the FBI, law enforcement and intelligence professionals more generally," McCabe said in a statement after his firing."It is part of this administration's ongoing war on the FBI and the efforts of the special counsel investigation, which continue to this day. Their persistence in this campaign only highlights the importance of the Special Counsel's work," he added. 787

Anthony Mele was dining at a steakhouse in Southern California with his daughter on his lap when a homeless man allegedly walked up to him Wednesday and stabbed him in the neck.Jamal Jackson, 49, was arrested shortly after the attack in Ventura and has been charged with premeditated first -degree murder, the Ventura County District Attorney's Office said.Mele died the next day, but his daughter was not injured. The two men did not know each other, the Ventura Police Department said. 495

Are you looking for some steaks to throw on the grill this weekend or on the Fourth of July?You may want to bring extra money; the pandemic is sending meat prices up sharply this month.High prices are starting to impact consumers, restaurants, and anyone who cooks meat for their business.Tyrique Ramsey and his family have served his community from a food truck for years, but he was forced to raise prices last week as pork costs skyrocketed."We used to be able to get it for .99 a pound, but now we are almost paying .99 a pound," Ramsey said.While chicken and ground beef prices are higher, the worst is steak, where prices have gone up almost 50% this year on some cuts. for a package of steakAt Walmart, basic strip steaks were a pound, which came to for a package of two small, shrink-wrapped steaks.One of the cheapest cuts of meat, chuck roast, was a pound, almost double from a year ago.Ground beef was in the (fatty) to (lean) a pound range as well, a far cry from the normal summertime price of a pound in many supermarkets.Shopper Jackie Thompson says she can't afford it anymore."I think it's ridiculous, it is totally ridiculous," she said. " for a steak!"At a nearby supermarket, bone-in ribeyes were at a pound, bringing the total to for one steak. Top-dollar cuts like filet mignon were nowhere to be found.The Hutchinson family wondered if short supplies to blame."It's still pretty thin in the meat aisle, for sure," they said.Government blames plant shutdowns and slowdownsThe Bureau of Labor Statistics says processing plant shutdowns continue to cause shortages.Even after those plants reopen, many will be on limited schedules with fewer workers.The Labor report says beef prices rose 11% in May. The average retail price of beef roast rose a whopping 19% during the month.In addition, prices for chicken, tomatoes and even ice cream went up the government said.Restaurants forced to raise pricesRamsey has had to explain why his price board has gone up in recent days, just as many restaurants are raising their menu prices."I just had to go up a few more dollars," he said. "But a lot of the customers, they kind of understand, we explain it to them."Grocery stores insist they are not profiting from rising prices. Still, attorneys general offices in several states are investigating the source of these price hikes, which appear to be linked to processing and slaughterhouse shutdowns due to COVID-19.Until the pandemic subsides, prices could remain on the high side. As always, don't waste your money.__________________________Don't Waste Your Money" is a registered trademark of Scripps Media, Inc. ("Scripps").Like" John Matarese Money on FacebookFollow John on Twitter (@JohnMatarese)For more consumer news and money-saving advice, go to www.dontwasteyourmoney.com 2842

As disinfecting wipes and sprays fly off store shelves, companies are looking for new ways to keep surfaces coronavirus-free. Some are looking at repurposing UV light technology, a cleaning solution that’s been used for decades.Ava Robotics and the Massachusetts Institute of Technology partnered on a project to create a robot that uses UV-C light to disinfect large areas.“It was about a 4,000 square foot space. It was able to disinfect that in less than 30 minutes,” said Youssef Saleh with Ava Robotics.The purpose -- cleaning large, busy spaces of virus and bacteria, specifically coronavirus.“UV is not new. Robots are not new themselves,” Saleh said.“It's actually been in practice in hospitals for probably four decades plus,” said Dr. Eric Hill, the Chair of Emergency Services at Medical Center of Aurora. It’s usually used to sterilize rooms.“Anything that the light hits, it can kill. So it has to be in direct contact with the light beam and it has to be in contact for a certain period of time,” Hill said.“There are three factors of effectiveness of UV light, the first is the power itself,” Saleh explained. “Then there's the distance to the object that you're trying to disinfect, and then there is the amount of time.”"We cannot see it, it's the same kind of UV radiation you’d get from the sun,” Hill said. “It works by destroying the DNA and the RNA of the organism. And it doesn't affect just viruses, it affects bacteria, viruses, mold, and spores.”While it can kill germs, it can also do damage to us. UV light plays a role in diseases like skin cancer. “It is dangerous for humans to be in direct contact with it,” Dr. Hill said.That’s why the project with Ava Robotics and MIT also factors in safety for humans.“Safety elements have to be part of the solution, thought through, and understood,” Saleh said. The team is working on making the robot more adaptable to changing spaces, like warehouses, and potentially other large spaces like grocery stores and schoolsBut Hill says UV light isn’t a complete replacement for traditional cleaning methods.“It does not take the place of things like wiping something down,” he said. “But after you do that...adding in a UV light system can really hit in a broad area...and get all the microorganisms that were in there.”Hill also warns consumers that are interested in this to look at products closely.“Several hundred dollars is realistic for a good UV light system,” he explained. “We have seen much more of a demand of it, if you go on Amazon the amount of UV light products I’ve seen pushed out is incredible.” 2591