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NEW YORK (AP) — Lawyers for the Girl Scouts say that the century-old organization is now directly competing with the Boy Scouts for female recruits and that it's not a fair fight. The lawyers filed papers Thursday in federal court in Manhattan to repel an effort by the Boy Scouts to toss out a 2-year-old trademark infringement lawsuit. Lawyers for the Boy Scouts last month asked a judge to reject claims that the organization is infringing on trademarks when it recruits girls with words like “scouts" and “scouting.” The Girl Scouts say in their filing that the Boy Scouts' marketing of expanded services for girls is “highly damaging.” 648
New data shows Alzheimer's Disease is the sixth leading cause of death in the United States.In the last 15 years, it's grown more than 100 percent. It's projected to cost the nation billions in care costs.But there's one thing that could cut those costs, and change how people live with this disease.Married for 36 years, Rick and Traci Edmonson describe their time together like this."It's a whirlwind!" Rick said, and Traci agreed.Some things, like kids and grandkids, they expected."Really definitely they are the joys of life," Traci said.But some things, they didn't."It was terrifying in those small moments that was going on," Rick said. "And it was just scared me to death."One day, about two years ago, Rick was driving and got lost."For him to get lost in a place that he knew and not be able to find his way back was a huge red flag," Traci said.They went to a doctor, and just days before Christmas, at age 59, Rick was diagnosed with early onset Alzheimer's Disease."We didn't know what the future would hold," Traci said. "It is just such a scary thing."A new report out from the Alzheimer's Association shows the couple is not alone. More than 5.7 million people are currently living with the disease, and by 2050, that number is projected to rise to nearly 14 million."You know I think it's important for the public to understand the epidemic that is at our front door right now," said Amelia Schafer with the Alzheimer's Association of Colorado.Often, people are living with Alzheimer's and don't know it, Schafer said, and finding out can have big benefits. The report found early detection through annual doctor visits could save up to 15% percent of care costs."What we know is that early detection treating it earlier, potentially keeping someone in their home a little bit longer, can save hundreds of thousands for a family member over the lifetime," Schafer said.For Rick, early detection and working with the Alzheimer's Association helped preserve his quality of life."I couldn't do the things I'd like to do and it's coming back," Rick said.Now he's looking forward to the life he and Traci always imagined."I think more kids," he said. "More grandkids," Traci said.Together they want to be aware and proactive, and enjoy the best of life's moments, for as long as possible. 2349
NEW YORK (AP) — Macy’s said Thursday that it’s laying off 3,900 corporate staffers, roughly 3% of its overall workforce, as the pandemic takes a financial toll on the retailer's sales and profits.The headcount reduction will save the department store chain 0 million per year.Like many of its non-essential peers, Macy’s was forced to close its physical stores to curb the spread of the coronavirus, evaporating sales.Since early May, Macy’s has been gradually reopening its stores, which had been closed since March 18.The New York-based company furloughed a majority of its workers as the pandemic took hold in the U.S. However, it was announced Thursday that most remaining furloughed employees would be returning to work starting July 5.Macy’s CEO Jeff Gennette has said that customers are coming back, but it needs to cut costs to readjust its business to a new climate.“COVID-19 has significantly impacted our business. While the re-opening of our stores is going well, we do anticipate a gradual recovery of business, and we are taking action to align our cost base with our anticipated lower sales,” said Gennette. “These were hard decisions as they impact many of our colleagues. I want to thank all of our colleagues – those who have been active and those on furlough – for helping us get through this difficult time, and I want to express my deep gratitude to the colleagues who are departing for their service and contributions. We look forward to welcoming back many of our furloughed colleagues the first week of July.” 1544
NEW YORK (AP and KGTV) — Sears is closing 80 more stores, including six locations in San Diego, as it teeters on the brink of liquidation.The iconic retailer, once the nation's largest department store chain, set a deadline of Friday for bids for its remaining stores to avert closing down completely.Sears has not received any bids as of Friday afternoon.The retailer that began out as a mail order catalog in the 1880s has been in a slow death spiral, hobbled by the Great Recession and then overwhelmed by rivals both down the street and across the internet.The 80 stores are due to close by March. That's in addition to 182 stores already slated for closure, including 142 by the end of 2108 and 40 by February. The company filed for Chapter 11 bankruptcy protection in October , saying at the time it would close more than 20 percent of all stores, keeping open only its 500 most profitable locations.Sears Holdings Corp., which also runs Kmart, joins the list of retail brands taken over by hedge funds that collapsed under the weight of debt forced upon them.Under hedge fund manager Eddie Lampert, Sears has bought time by spinning off stores and putting on the block the brands that had grown synonymous with the company, such as Craftsman. The company's chairman and biggest shareholder, Lampert loaned out his own money and put together deals to keep the company afloat and to turn whatever profit he could for ESL hedge fund. Lampert and ESL have been trying to buy the rest of Sears for up to .6 billion in cash and stock.But no official bid appeared to have emerged as of 4 p.m. E.T. Friday. Sears declined to comment. 1642
NEW YORK (AP) — Netflix added a flood of new subscribers amid the coronavirus pandemic and also offered clues to a possible successor for founding CEO Reed Hastings, who on Thursday named the company’s chief content officer, Ted Sarandos, as co-CEO. The company picked up 10.1 million worldwide subscribers during the April-June period, more than triple what it usually adds in that period. The increase announced Thursday with Netflix’s second-quarter earnings eclipsed the gain of 8.3 million subscribers projected among analysts polled by FactSet. Netflix ended June with 193 million worldwide subscribers, including 70 million in the U.S. and Canada, its largest geographic market.Nearly 26 million of those subscribers have joined Netflix during the first six months of this year — more than double the number compared with last year — as the pandemic curtailed travel and even nights out on the town. The restrictions have turned out to be a boon for Netflix, which also faces a slew of new streaming competitors such as Disney Plus and HBO Max.Netflix Inc., however, said its subscriber growth has begun to slow following the “initial shock of Covid and social restrictions” after it added just 2 million fewer customers in the past six months as it did for all of 2019. It forecasts just 2.5 million new additions for the current quarter.The pandemic has shut down Hollywood, limiting the ability of TV and movie studios to produce more entertainment to feed Netflix and other video streaming services. That could limit their appeal if viewers run out of new things to watch. Netflix said Thursday that it is slowly resuming production, mostly in Asia and Europe, and its 2020 lineup remains intact. Shooting delays mean big shows and movies slated for next year will come out more in the second half of 2021. 1825