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NEW YORK (AP) — As employees of small businesses get their first September paychecks, they’re probably receiving their usual amount.Company owners are still withholding money for Social Security despite a presidential order allowing the tax to be deferred. The order President Donald Trump signed Aug. 8 allows employers to stop withholding the 6.2% tax from Sept. 1 through Dec. 31 and requires that it be paid between Jan. 1 and April 30 of next year. But business owners are wary, saying the plan opens up the possibility that companies might ultimately have to pay the tax if staffers leave. 603

NEW YORK (AP) — The operator of Ann Taylor and Lane Bryant filed for Chapter 11 bankruptcy on Thursday, the latest retailer to do so during the pandemic. Ascena Retail Group, which operates nearly 3,000 stores mostly at malls, has been dragged down by debt and weak sales for years. In a press release, the company said they were closing all of their plus-size stores Catherines.The company also said in the release that they plan to "strategically reduce its footprint with the closing of a significant number of Justice stores and a select number of Ann Taylor, LOFT, Lane Bryant, and Lou & Grey stores."It joins other retailers that have filed for bankruptcy in recent weeks, including Brooks Brothers, Neiman Marcus, J.C. Penney, and J. Crew. These retailers were already struggling with poor sales, but the forced closure of stores in March to reduce the spread of the coronavirus put them further in peril. Experts believe that there will be another wave of bankruptcies this fall that will include companies that had been healthy before the pandemic struck. 1076

NEW YORK – New York’s attorney general is suing the National Rifle Association, seeking to put the powerful gun advocacy organization out of business over allegations that high-ranking executives diverted millions of dollars for personal benefit.The lawsuit filed Thursday by Attorney General Letitia James followed an 18-month investigation into the NRA, which is a nonprofit group originally chartered in New York.Watch the announcement below:The attorney general is accusing the NRA's top leaders of using the association's funds for lavish personal trips, contracts for associates and other questionable expenditures.James says the leadership’s failure to manage the NRA’s funds and failure to follow state and federal laws led the organization to lose more than million in just three years.In addition to shuttering the NRA’s doors, James is seeking to recoup millions in lost assets and to stop the four defendants in the case from serving on the board of any nonprofit in the state of New York again.Along with the NRA, the defendants in the suit are Executive Vice-President Wayne LaPierre, former Treasurer and Chief Financial Officer (CFO) Wilson “Woody” Phillips, former Chief of Staff and the Executive Director of General Operations Joshua Powell, and Corporate Secretary and General Counsel John Frazer.The lawsuit alleges that the four men instituted a culture of self-dealing, mismanagement, and negligent oversight at the NRA that was illegal, oppressive, and fraudulent.“The NRA’s influence has been so powerful that the organization went unchecked for decades while top executives funneled millions into their own pockets,” said James. “The NRA is fraught with fraud and abuse, which is why, today, we seek to dissolve the NRA, because no organization is above the law.” We are seeking to dissolve the NRA for years of self-dealing and illegal conduct that violate New York’s charities laws and undermine its own mission.The NRA diverted millions of dollars away from its charitable mission for personal use by senior leadership.— NY AG James (@NewYorkStateAG) August 6, 2020 In a statement, the president of the NRA called the lawsuit a "baseless" attack on the organization and the Second Amendment. 2232

NEW YORK CITY — Terence Davis, an NBA player with the Toronto Raptors, was arrested in Manhattan Tuesday night after allegedly slapping his girlfriend, according to the NYPD.Police said the incident happened around 8:30 p.m. at the Beekman Tower, a luxury high-rise building on Mitchell Place, near East 49th Street and First Avenue.Davis, 23, is accused of slapping the woman across the face before grabbing her phone and breaking the screen, officials said.The victim was not hospitalized.Davis was arrested and will face assault charges, according to the NYPD.This story was originally published by Mark Sundstrom on WPIX in New York. 645

NORTH PARK, Calif. (KGTV) - Peking Restaurant, a staple of the North Park food scene for 88 years, will close in March of 2019.The owners made the announcement on their Facebook page earlier this month, saying it was time to retire."I'm going on 75 years old," co-owner Ken Fong told 10News. "It's time to enjoy my last few years."The Facebook post says "This decision did not come lightly to us as Pekin is such a special place in our hearts and we love what we do and all of you. A majority of our incredible staff here have been with us 25-40 years... and are ready for the next chapter of retirement and new endeavors."Fong says it's not just the owners who want to retire, but cooks and servers as well.Since word got out about the closure, the restaurant has been flooded with people who want one more meal at a place that became the go-to spot for Chinese food in the area."It's overwhelming," says Fong. "It's driving us nuts. Everyone is overworked."Fond adds that he doesn't mind the extra work, but he didn't expect this kind of reaction.In the wake of the extra crowds, the restaurant put up a sign warning customers that wait times may take longer than usual. They say they don't want to add capacity, so they can give customers the same level of service they've always had.People in the area say it's sad to see such a great place go away."This is something I've known my whole life. I'm going to miss it," says Barbara Sims. She used to come with her parents as a child. Now she brings her grandkids to the restaurant when they visit.Fong says he appreciates all the well wishes he's received in the past few weeks."They all want to come back and have one last memory," he says. "So, thank you."The restaurant will stay open through the Chinese New Year in February and then close in March.Fong says several people and real estate groups have looked into buying it, but he doesn't know if the new owners will keep the location as a Chinese food restaurant or open something new. 2001