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NEW YORK (AP) — Mall owners Simon Property Group and Brookfield Property Partners are close to a deal to buy department store chain, J.C. Penney, out of bankruptcy and keep the chain running. Penney's lawyer Josh Sussberg announced the tentative pact, which will save roughly 70,000 jobs, during a brief hearing in bankruptcy court Wednesday. More than 600 stores are expected to be saved, USA Today reported.According to the Wall Street Journal, Simon and Brookfield will own about 490 locations and a group of lenders will own 160 stores.Sussberg noted that a letter of intent including details of the pact will be filed with the bankruptcy court the next day. The 118-year-old department store based in Plano, Texas, filed for bankruptcy protection in mid-May, one of the biggest retailers to do so since the pandemic temporarily shut down non-essential stores around the country. 891
New York is adding new measures to prevent people from dying while taking selfies at a waterfall in the Catskill Mountains.The picturesque Kaaterskill Falls is one of the most visited spots in southeast New York state. However, capturing the perfect photo for social media turned fatal for several people.“I cringe, when someone is where they shouldn’t be,” says Peter Innes with the New York Department of Environmental Conservation. “Because they are just too close to the edge.”Four deaths in the past several years occurred due to the victims being too close to the edge, while taking or posing for photos. Officials say it’s now considered one of the riskiest activities at the park.“A lot of people would think about ice climbing or rock climbing, back country skiing,” says Robert Dawson, a forest ranger. “It’s actually picture taking, because everyone can do it now.”The park sees tens of thousands more visitors annually than they did just a couple decades ago. A lot of that is due to visitors posting photos on their social media platforms, attracting new visitors seeking similar photo ops.“Or they’ll put it on YouTube, and they wanna see how many hits they can get on it,” explains Dawson.“So, then they wanna make those really cool videos. That’s where they’re willing to take that extra risk.“Then people will see that and be like, ‘I wanna go up there.’” Two of the most recent deaths—in 2016—occurred after the state had already made safety changes.Officials added a staircase to prevent slipping, as well as fencing to keep people from the edge. However, people continued to walk around it despite the obvious park signage. “We realized there was a problem because of the continued fatalities,” says Innes.Innes helped draft new regulations that went into effect this month.“People are now not allowed to get within 6 feet of the cliff’s edges themselves,” says Innes of the new policy. “They also can’t swim within 150 feet of the top of the falls.”Now, rangers like Dawson have the authority to ticket and even forcibly remove anyone putting themselves at risk.“Before I was just like, ‘Hey, I really don’t want you to do this,’ and some groups will listen some are like, ‘Hey, it’s a free country,’” says Dawson.If he could offer just one piece of advice to Instagram-happy trail goers, Dawson says, “You can still get that great picture; you can do it 10 feet away from the edge and you’ll get the same effect.” 2470

NEW YORK (AP) — Universal Music unveiled a previously unheard and unreleased song by the late Queen frontman Freddie Mercury.The record label announced the track, "Time Waits for No One," on Thursday. It was originally recorded in 1986 for the concept album of the musical "Time" with musician Dave Clark.A video to accompany the song was also released and includes unseen performance footage of Mercury. It was recorded in April 1986 at London's Dominion Theatre.Mercury died of AIDS-related pneumonia in 1991 at 45. He was the subject of the uber-successful film "Bohemian Rhapsody," which won actor Rami Malek an Academy Award.The film also won Oscars for best sound editing, best sound mixing and best film editing. 727
NEW YORK (AP) — The one-time bookselling giant Barnes & Noble is being acquired by a hedge fund for 6 million.The national chain that many blamed for the demise of independent bookstores has been ravaged by Amazon.com and other online sellers. Independent bookstores have also persisted in the face of digital publishing.The company said in October that it might put itself up for sale after it was approached by a number of potential buyers, including founder Leonard Riggio who opened Barnes & Noble stores across the country and turned it into a superstore.Barnes & Noble said Friday that it's being acquired by Elliott Management for .50 per share, an approximately 9% percent premium to the company's Thursday closing stock price. Elliott bought the U.K. bookseller Waterstones in June 2018.Waterstones CEO James Daunt will also take on the role of CEO at Barnes & Noble.The sale, valued at about 3 million including debt, is targeted to close in the third quarter if approved by regulators and shareholders.Shares of the New York company jumped 11% before the opening bell. 1111
NEW YORK, N.Y. – During his first sit-down interview since officially becoming the Democratic presidential nominee, Joe Biden addressed a controversial comment he made in the spring regarding the Black community.The former vice president came under fire in May when he told “Breakfast Club” radio host Charlamagne tha God that African American voters aren’t Black if they support President Donald Trump over him in November."Well, I’ll tell you what, if you have a problem figuring out whether you're for me or Trump, then you ain't black," Biden quipped at the end of the interview."It don't have nothing to do with Trump, it has to do with the fact, I want something for my community," Charlamagne responded.“Take a look at my record. I extended the Voting Rights Act 25 years' I have a record that is second to none. The NAACP has endorsed me every time I've run. I mean, come on, take a look at the record," Biden said back.Sunday, ABC’s Robin Roberts asked Biden and his running mate, Kamala Harris, about the comments made in May.“I shouldn’t have said that,” Biden said. “But I was trying to make the point that this is a man who spent his entire career denigrating African Americans.”Biden went on to argue that he would be a much better ally to the Black community than Trump.“The truth is there’s a fundamental difference between Donald Trump and me on the issue of race across the board,” Biden said. “I’m not going to try and divide people. It’s all about bringing people together.”Biden has relied heavily on the African American vote to secure his party’s nomination, which he officially accepted during last week’s virtual convention.“I wouldn't be here without the African American community,” Biden added when speaking about his support within the Black community in his home state of Delaware. 1819
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