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Trump's Campaign website hacked/defaced by someone who is sick of the "fake news spreaded daily" by the president. pic.twitter.com/035neUv7kc— Nicole Perlroth (@nicoleperlroth) October 27, 2020 201
Two of the former owners of Toys "R" Us have agreed to pay million to help laid-off employees.Bain Capital and KKR, private equity firms that owned part of the toy retailer, set up a severance fund to pay former workers who lost their jobs when the company closed its stores.The third owner, real estate firm Vornado, did not join the fund, and did not immediately respond to request for comment.MORE: How the Toys 'R' Us closures massively impact?the U.S.Toys "R" Us filed for bankruptcy a year ago with plans to stay in business. But in March the company's creditors forced it to go out out of business, and the 31,000 remaining employees did not get severance payments.Some top executives at Toys "R" Us received bonuses as part of the bankruptcy process. The nation's bankruptcy laws place limits on the severance payments that can be made to laid-off employees, and they give priority to repaying creditors of the bankrupt companies.Had the employees been laid off before the bankruptcy, they would have been entitled to severance pay of up to one week of pay for every year of service.The million severance fund does not come from Toys "R" Us.The fund was set up following negotiations between the private equity firms and various public interest groups that organized the employees, including Organization United for Respect, Private Equity Stakeholder Project and Center for Popular Democracy."This Fund begins to ensure the hard-working people who spent their lives building Toys 'R' Us and making children happy are not left out in the cold," said Marilyn Muniz, a New York-based Toys "R" employee for nearly 20 years.The groups are seeking additional contributions to the fund from Vornado as well as two Toys "R" Us lenders, Solus and Angelo Gordon, which pushed the company to shutdown operations rather than stay in business. Solus did not respond to a request for comment and Angelo Gordon declined to comment.Tracy Forbes, a former employee who lost her job, told CNN Business that she had worked for the company for 31 years, making her way up to store manager of a Babies "R" Us store in Tempe, Arizona. At the time of the bankruptcy filing she figured she would get about seven months of severance if her store shut down. She said she was shocked when she learned the promised severance wouldn't be paid."It was very difficult," she said. "Here in Arizona, unemployment is only 0 a week. It's not even minimum wage. It was rough. I only got by with friends and family helping me out."After about four months she found a job as an assistant manager of a Home Goods store, which pays less than Babies "R" Us. She said she's kept in touch with the employees who used to work with her at Babies "R" Us."Just about everyone has found some kind of work, but it generally took three or four months," she said. "Some aren't earning as much. Some of the lower-level employees have actually found better paying jobs."The fund has hired attorney Kenneth Feinberg to come up with a formula to determine who gets how much money. Feinberg has made a career deciding distribution to victims of events, such as the terrorist attacks on September 11, 2001, and the BP Deepwater Horizon oil spill. He has proposed that payments go to workers who had been with the company at least a year and who made between ,000 and 0,000 in annual income."In order to maximize the impact of available funds, key eligibility requirements and payment parameters had to be instituted," said Feinberg. Payments are expected to start soon after December 15 and be completed by April.The million fund will not cover a full severance plan for the workers. The employee groups estimate that would take million.The proposed payment schedule provides at least 0 to anyone eligible for payments and as much as ,800 to the top earning employees -- those earning more than 0,000 a year who had been with the company for more than 25 years. Those earning more than 0,000 are not eligible to receive payments from the fund.A more typical employee, one who was earning ,000 a year with 10 years of service, would get ,400 under the plan, or about two-and-half weeks of pay.Former employees can go to www.trufinancialassistancefund.com to find out about how much they might get and to comment on the distribution formula. Depending on the comments, the formula might be adjusted before the payments start. 4424
Trudging forward in the sweltering sun, thousands of migrants left the Mexican city of Tapachula on Monday and continued their trek toward the U.S. border.There seemed to be little organization as the migrants streamed north -- and plenty of peril.Cars whizzed by long lines of people walking on a highway. One man fell hard from the back of a flatbed. A group of migrants said they had witnessed a child run over by a truck.Scenes from the 2,000-mile journey thousands are making to get to the U.S. borderMexican and Honduran authorities confirmed Monday that a 25-year-old Honduran national participating in the caravan had died."I deeply lament the death of a 25-year-old Honduran man, who was participating in the migrant caravan. He lost his life when he fell off a trailer that was moving," Mexico's Interior Secretary Alfonso Navarrete Prida tweeted. Another Honduran national was confirmed dead Saturday, when he fell off a pick-up truck.On Monday, the majority of migrants made their way on foot. But some also flagged down cars and trucks passing by and piled onto any vehicle that would take them.The highway behind the passing migrants was littered with plastic bottles, juice boxes and Styrofoam plates, resembling the scene of a marathon that has just ended.But for this group -- which U.N. officials estimate numbers more than 7,000 -- the marathon is far from over. 1389
Two days after President Donald Trump sidestepped a question about condemning white supremacy during the first presidential debate, the president said he condemns white supremacy and the Proud Boys on Thursday.In a phone interview with Sean Hannity on Fox News, Trump said, “I've said it many times and let me be clear again: I condemn the KKK. I condemn all white supremacists. I condemn the Proud Boys.”When asked to condemn white supremacists on Tuesday during the presidential debate, Trump said, “What do you want to call them? Give me a name. Give me a name?”After being told white supremacists by moderator Chris Wallace and Proud Boys by Joe Biden, Trump said, “Proud Boys — Stand back, stand by, but I’ll tell you what, somebody’s got to do something about Antifa and the left because this is not right-wing problem..... This is a left wing problem."It was hardly a condemnation for a group that is designated as a "hate group" by the Southern Poverty Law Center. It was also Trump's latest attempt to side-step condemning far-right groups, dating back to 2017 when he claimed that there were "fine people on both sides" of racial violence in Charlottesville, Virginia. 1186
Two named storms are barreling toward two states right now, threatening to bring strong winds and heavy rains to communities already dealing with Covid-19 health concerns.Tropical Storm Hanna formed in the Gulf of Mexico and is now heading toward southern Texas. Hanna is expected to make landfall Saturday evening. Maximum sustained winds are at 45 mph.A Tropical Storm Warning is in effect for an area between the mouth of the Rio Grande and San Luis Pass, Texas. Hanna is expected to drop 4 to 8 inches of rain through Sunday night, according to the National Oceanic and Atmospheric Administration. 609