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Swedish clothing company H&M is planning to close 250 stores next year.On Thursday, CEO Helena Helmersson said in a press release that the coronavirus pandemic had played a role in the retail chain's decision since more shoppers were buying online."More and more customers started shopping online during the pandemic, and they are making it clear that they value a convenient and inspiring experience in which stores and online interact and strengthen each other," Helmersson said.Helmersson added that sales declined 5% in September compared to the same time last year."Although the challenges are far from over, we believe that the worst is behind us and we are well placed to come out of the crisis stronger," Helmersson said.H&M has 5,000 stores worldwide. No word yet on which stores will be closing. 821

The anonymous juror's attorney just sent out a press release with a statement by the juror. It confirms what many have suspected: "The grand jury was not presented any charges other than the three Wanton Endangerment charges against Detective Hankison." pic.twitter.com/LB5hMjrzfU— Roberto Aram Ferdman (@robferdman) October 20, 2020 341

TAMPA, Fla. – A Tampa boy received a big surprise from his hero for his third birthday.City of Tampa worker Leroy Lentz says each morning he goes out to collect waste, Marlon waits for him to greet him with excitement.The two have become good friends and for Leroy, their chats and waves never fail to brighten his day.To show appreciation for Marlon, Leroy and Tampa’s Management Department teamed up to bring a socially-distant party over to the little boy’s neighborhood. On Tuesday, the community held a birthday parade to celebrate Marlon, and Leroy was able to surprise the little boy with cake and a toy garbage truck.“The Department really appreciates those customers who take time to say hello and thank you. Recognizing the impact these essential workers have in our community is so appreciated,” Mayor Jane Castor’s office said in a statement. “We are thrilled to give Marlon a birthday to remember.”Below is the video of the festivities: This story originally reported by KJ Hiramoto on abcactionnews.com. 1029

The battle over the sale of the Confederate flag at the Lorain County Fair reached yet another peak after a vandal posted a Confederate flag on a billboard protesting its sale.The billboard is one of three purchased by the Fair Minded Coalition of Lorain County which urges residents to "say no" to the sale of the Confederate flag at the fair. Coalition member Jeanine Donaldson said she believes someone posting the flag on a coalition billboard is further proof of how it divides a community."To my family and other African-Americans it symbolizes hate, torture and terror," Donaldson said. "It's a right and wrong situation in the year 2018.""No less than Governor John Kasich was the one who recommended that the flag come down for the state fair, and he did it because it was the right thing to do," she saidLorain City Councilman Angel Arroyo said the Lorain County Fair Board needs to finally ban the sale of the Confederate flag because it doesn't represent Ohio or his community."It's a sign of ignorance and hatred of people in our community," Arroyo said."It's frustrating putting this flag on the billboard.  It's a sign of disrespect and truly shows the true colors of racism and hatred."But Lorain County Fair Board President Kim Meyers says the Confederate flag has been sold at the fair for 30 years. Currently, it's being sold by one vendor who is selling the flag as part of a wide variety of Civil War memorabilia.Meyers said to restrict the sale of the flag would be a violation of First Amendment rights."Here at the fair, probably 99 percent of the feedback that we received has been in favor of the fair allowing for the sale," Meyers said."The Ohio Fair Managers conference back in 2016 voted unanimously, there were 88 counties and seven independent fairs, that voted to allow the sale of that."Still, Donaldson said her group will continue to protest, and said more efforts to stop the sale of the Confederate flag at the fair will be unveiled in the coming months."We're not going away," Donaldson said."This is not about politics, it's just the right thing to do."    2159

Stocks tumbled Friday as trade tensions between the United States and China heated up.The Dow closed down 572 points, a drop of 2.3%, after President Trump threatened to escalate a confrontation with China over trade. It fell as much as 767 points earlier in the day. The S&P 500 and the Nasdaq each declined more than 2%.Friday's losses wiped out gains for the week, and the Dow sank back into correction territory — 10% below its all-time closing high in January.Trump said late Thursday that he was considering tariffs on 0 billion more in Chinese exports, which would triple what the United States is already planning."The fear of a policy mistake on trade is increasing," said Art Hogan, chief market strategist at B. Riley FBR.All 30 companies on the Dow lost ground on Friday. Caterpillar, Boeing and Nike, giants with heavy exposure in China, were among the biggest losers in the index."The ratcheting up of trade tensions clearly carries risks. The tariff threats, even if only intended as bargaining tools, will be difficult to back down from if talks fail to deliver results," Capital Economics' Julian Evans-Pritchard wrote in a research note Friday.Anxiety returned to Wall Street after three days of gains. The VIX, a measure of market volatility, spiked 12%. CNNMoney's Fear and Greed index sank further into "extreme fear" territory.Wary investors had been holding out hope that the two sides will reach a deal before the proposed trade barriers go into effect.White House officials, including top economic adviser Larry Kudlow, have sought in recent days to soothe business leaders' fears of a trade war that would constrain economic growth.Earlier this week, the Trump administration announced plans for tariffs on billion worth of Chinese goods in retaliation for China's alleged theft of US intellectual property. Beijing fired back hours later by threatening tariffs on billion worth of US goods, including cars, planes and soybeans.The market had been interpreting Trump's proposed tariffs as negotiating tactics meant to extract concessions out of China rather than a rigid position. But Wall Street began to reassess that view as the administration sent conflicting signals throughout the day."We've gone from Larry Kudlow trying to calm the markets down to the administration saying, 'Hey, ignore the markets,'" Hogan said.In a radio interview Friday morning, Trump said, "I'm not saying there won't be a little pain, but the market has gone up 40%, 42%, so we might lose a little bit of it."Selling accelerated later in the day after Treasury Secretary Steve Mnuchin told CNBC, "There is the potential of a trade war."Investors had been operating under the assumption China and the United States were negotiating to avoid a trade conflict, but Mnuchin avoided questions about whether the two countries were actively talking."As no one came out to pull this back, there was a gradual realization that this was something that might be a little more serious," said Brad McMillan, chief investment officer for Commonwealth Financial Network.Analysts said the market also responded to comments from Federal Reserve Chair Jerome Powell.Powell said that the US economy was growing and a turbulent stock market would not change the Fed's course to gradually raise interest rates. The Fed is on track to raise rates three times this year, but it could speed up that process to cool down the economy."Markets are forced to confront the idea that rates are going up and the stock market is not going to derail that process," McMillan said.Stocks were mostly unaffected by the March jobs report, which showed that the US economy added 103,000 positions, down from a much bigger gain in February and well below what analysts were expecting.Wages grew 2.7% in March compared with a year earlier, in line with expectations. Investors were watching that number because it's a barometer of inflation. In February, an unexpected jump in wage growth set off inflation alarm bells and caused stocks to plunge.The combination of the hiring slowdowns and modest wage growth temporarily eased Wall Street's concerns that the economy was overheating.The yield on the 10-year US Treasury note, which has been steadily climbing as investors' inflation expectations rise, dipped to 2.78% after the jobs report."Investors breathed a sigh of relief," said Sam Stovall, chief investment strategist at CFRA Research. "Now we only have one issue to deal with, and that's trade."—CNNMoney's Paul R. La Monica contributed to this report.The-CNN-Wire 4564

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