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JCPenney is in serious trouble. There's no sugarcoating it.The department store chain, famous for its Christmas catalogs, is losing money — and customers. It has a lot of debt. And not much cash.A dismal earnings report on Thursday only reinforced that time is running out. JCPenney reported an adjusted loss of million in the first quarter, even worse than Wall Street was expecting, and lowered its projections for the year. Sales fell 4 percent, also missing estimates.Much like floundering rival Sears, JCPenney is struggling to adapt to the changing retail landscape as people increasingly shop on their phones. 628
Just spotted the huge fire at a plant in Lake Charles. Residents in nearby areas and north of the plant are being asked to shelter indoors, close their windows and turn off their AC. It is unclear if this fire is related to Hurricane #Laura. pic.twitter.com/HLjx2VSjQY— Maya Rodriguez (@MayaJRodriguez) August 27, 2020 326
KANSAS CITY, Mo. — Schlitterbahn Waterpark co-owner Jeff Henry has been arrested on charges related to the death of 10-year-old Caleb Schwab. Henry is charged with murder, 12 counts of aggravated battery and five counts of aggravated child endangerment.Henry was taken into custody in Texas and is currently being held by the U.S. Marshal Service.In a statement Monday afternoon, the company said it was not surprised at the charges against Henry."We as a company and as a family will fight these allegations and have confidence that once the facts are presented it will be clear that what happened on the ride was an unforeseeable accident," the statement read.Last week, several criminal charges were filed against Tyler A. Miles, a former assistant park manager, and the company itself. Those included felony involuntary manslaughter, 12 counts of aggravated battery and five counts of aggravated child endangerment.Schlitterbahn and attorneys for Miles released separate statements saying they intended to fight the charges. 1072
LA JOLLA, Calif. (KGTV) - A La Jolla home known as “The View House” is selling for about ,000,000.The home has one of the most private settings and unobstructed views available at the end of a private street and natural preserve, according to Pacific Sotheby’s realty.Highlights of the property include an outdoor Quartzite barbecue, fire pit, infinity-edge pool and spa.PHOTOS: "The View" house has spectacular sceneryThe home is listed by Patricia Kramer and Cathleen Shera. The seller will entertain offers between ,680,000 and ,780,000.7141 Encelia DriveBedrooms: 5Full baths: 4Partial baths: 2Square feet: 5,018Take our house tour here. 655
Jury president Cate Blanchett poses for photographers at the jury photo call during the 77th edition of the Venice Film Festival in Venice, Italy, Wednesday, Sept. 2, 2020. (Gian Mattia D'Alberto/Lapresse via AP) 220