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NEW YORK (AP) — Microsoft said Friday it is permanently closing nearly all of its physical stores around the world.Like other retailers, the software and computing giant had to temporarily close all of its stores in late March due to the COVID-19 pandemic.Microsoft has 83 stores, including 72 stores in the U.S., where it showcases and sells laptops and other hardware.The company says it will "reimagine" spaces that serve all customers, including operating Microsoft Experience Centers in London, NYC, Sydney, and Redmond campus locations.Friday’s announcement reflects what the company calls a “strategic change” for its retail business as sales increasingly shift online.Microsoft said all employees would have the opportunity to remain with the company. Retail workers will continue to serve customers from corporate facilities and remotely, providing sales, training and support.Microsoft says it will continue to invest in its digital storefronts on Microsoft.com, and stores in Xbox and Windows, reaching more than 1.2 billion people every month in 190 markets.“Our sales have grown online as our product portfolio has evolved to largely digital offerings, and our talented team has proven success serving customers beyond any physical location,” said Microsoft Corporate Vice President David Porter. “We are grateful to our Microsoft Store customers and we look forward to continuing to serve them online and with our retail sales team at Microsoft corporate locations.” 1488
NEW: @CBSNews statement on White House “unprecedented” decision to release full @60Minutes interview: https://t.co/46YUR1MK3Z pic.twitter.com/LXXiNY1a1r— Paula Reid (@PaulaReidCBS) October 22, 2020 205
NEW YORK (AP) — A judge has rejected a .5 million proposed bail package for Jeffrey Epstein's former girlfriend, saying her incarceration is necessary to ensure she faces trial on charges she recruited teenage girls for Epstein to sexually abuse. U.S. District Judge Alison J. Nathan rejected the proposed bail for Ghislaine Maxwell on Monday. According to The Associated Press, Maxwell and her husband, who has never been publically identified, offered their entire wealth - .5 million - plus millions more of friends and family's assets to secure her bail.But she did not immediately release an opinion explaining her reasoning. Maxwell was arrested in early July. She has remained at a federal lockup in Brooklyn ever since Nathan said there were no bail conditions that would ensure she would not flee. “For substantially the same reasons as the Court determined that detention was warranted in the initial bail hearing, the Court again concludes that no conditions of release can reasonably assure the Defendant’s appearance at future proceedings,” Nathan wrote Monday in the order.Nathan added that the government met its burden of persuasion that Maxwell poses as a flight risk.“In reaching that conclusion, the Court considers the nature and circumstances of the offenses charged, the weight of the evidence against the Defendant, the history and characteristics of the Defendant, and the nature and seriousness of the danger that the Defendant’s release would pose,” Nathan added.Epstein killed himself in August 2019 at a Manhattan federal jail as he awaited a sex trafficking trial. 1607
NIWOT, Colorado — The last of Crocs Inc.'s manufacturing facilities, located in Italy, is going to close, the company announced.It also closed its plant in Mexico. Crocs leaders did not give information on how it will continue producing its products during its second-quarter earnings report this week.The company grew its second-quarter earnings and revenue by 4.7 percent year-over-year. But Crocs Inc. is operating fewer stores.The company has not said if it plans to shutter more stores in the U.S. It expects revenue to increase, in the single digits, by the year's end. The cost of closing the manufacturing facilities in 2018 is million, the Daily Camera reports.Crocs Inc.'s chief financial officer, Carrie Teffner, plans to resign from the company effective April 1, 2019. Anne Mehlman will take her place. 857
NEW YORK, N.Y. – Joe Biden and Mike Pence crossed paths at a 9/11 memorial service in New York on Friday.The former and current vice presidents were both masked and greeted each other with an elbow bump to help prevent the spread of the novel coronavirus.The opponents were at Ground Zero to honor the lives lost there during the terrorist attacks 19 years ago. Their exchange on the anniversary of the 2001 attacks represents a brief pause to an already bitter presidential campaign.At the NYC event organized by the Tunnel to Towers Foundation, Pence and his wife read Bible passages. Former Mayor Michael Bloomberg, Sen. Chuck Schumer, Sen. Kirsten Gillibrand, and Gov. Andrew Cuomo were also in attendance.Friday afternoon, Biden is expected to visit the Flight 93 National Memorial in Shanksville, Pennsylvania, which honors the passengers who stopped the terrorists who hijacked their plane from reaching their presumed target, the U.S. Capitol in Washington D.C.President Donald Trump spoke at the site’s annual memorial ceremony Friday morning. The two nominees are not expected to cross paths. 1110
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