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Claire's has filed for bankruptcy. The hub for ear piercings at malls across America is the latest retailer to succumb to its massive pile of debt.Claire's, which says it has pierced more than 100 million ears around the world, reached a restructuring agreement with its creditors. In a Chapter 11 bankruptcy filing on Monday, Claire's said it will reduce its by debt .9 billion. It held .1 billion in debt at the end of 2017.The company will continue to operate its approximately 1,600 Claire's and Icing brand stores in the United States during the bankruptcy process and expects to complete it by September. International stores are not part of the restructuring agreement."This transaction substantially reduces the debt on our balance sheet," Claire's CEO Ron Marshall said in a statement. "We will complete this process as a healthier, more profitable company." Marshall came from now-defunct bookstore chain Borders. Claire's struggles stem from a deal it struck more than a decade ago that left it burdened with debt.In 2007, Apollo Management, a private equity firm, bought Claire's for .1 billion and took the company private in what's known as a leveraged buyout.Claire's could never escape its debt load. As traffic slowed to its brick-and-mortar stores, shoppers moved to digital channels and fast fashion chains such as H&M, Zara and Forever 21 chipped away at sales.Claire's joins a long line of retailers that have filed for bankruptcy in recent years, including Toys "R" Us, Payless Shoes, Gymboree, Rue21, The Limited and RadioShack.Toys "R" Us, another company left deep in debt from a leveraged buyout, said last week that it was liquidating its 735 stores in the United States.Claire's believes a lighter balance sheet will help it avoid Toys "R" Us' fate and still remain a "Girl's Best Friend." And the company says its business is Amazon-proof because you can't pierce your ears online.The-CNN-Wire 1940
Comedian and actor Chuck McCann has died of congestive heart failure at age 83.He died Sunday, April 8, his family said.McCann was known for voice work in "DuckTales" films, "The Garfield Show" and as the voice of Sonny the Cuckoo Bird in commercials for Cocoa Puffs cereal, to name a few of his many credits.His first major film was "The Heart is a Lonely Hunter" in 1968. He had several guest appearances on television shows in the years that followed, including "Bonanza" and "Little House on the Prairie."McCann and his wife, Elizabeth Fanning, have two daughters. 587

CLEVELAND — Three suspects were arrested after an officer was shot and killed in Cleveland's Stockyard neighborhood Thursday evening.The unidentified suspects was arrested Friday morning.The shooting occurred around 10 p.m. in the 3200 block of West 65th Street near Storer Avenue, police said.The officer, later identified as Det. James Skernivitz, was rushed to MetroHealth Medical Center where he died from his injuries, according to the Cleveland Police Patrolmen's Association.Police said another person was confirmed dead on the scene but was not a suspect.Skernivitz's identity was held pending the notification of his family, as he is married with children, police said.Cleveland Police Patrolmen's Association said Skernivitz has been on the force for "a while," was "well-liked" and was a "good man.""This one hurts," Cleveland Police Patrolmen's Association president Jeff Follmer said.Skernivitz was a 25-year veteran of the Cleveland Division of Police, authorities said."We definitely need the prayers of the people in the city. This officer was out doing what all police officers do — trying to protect the people the city — and he gave his life, so we ask that you kind of give his family a little room," Cleveland Police Chief Calvin Williams said.Special agents from the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) in Columbus responded to the scene to assist police.This story was originally published by Camryn Justice on WEWS in Cleveland. 1482
COPENHAGEN, Denmark (AP) — Authorities say the number of passengers on a Norwegian cruise ship who have tested positive for the coronavirus has reached 43.The outbreak on the MS Roald Amundsen has raised new questions about safety on cruise ships during the pandemic even as the industry is pressing to resume sailings after shutting down in March.The ship’s owner, Hurtigruten, has halted all trips and Norway closed its ports to cruise ships for two weeks.Since the cruise line often acts like a local ferry, traveling from port to port along Norway’s west coast, some passengers may have spread the virus to local communities. 637
CINCINNATI, Ohio - Among the sea of cardboard cut-out faces propped up in stands at MLB stadiums across the country is one specific face, present for teams he was never able to see play in person.Joaquin Oliver, his face among those in the crowds at Great American Ballpark in Ohio and 13 other MLB stadiums, was 17 when he was shot and killed in the mass shooting at Marjory Stoneman Douglas High School in Parkland, Florida in 2018. His father, Manuel, purchased cutouts in several different baseball stadiums to support his son's love of baseball and to make a statement about gun violence."I am not a baseball fan, so I was learning everything from him, and I was also creating those moments," said Manuel.Joaquin grew up loving baseball. His father loved the quality time the sport gave them together."I just want everybody to understand that life is about magic moments," said Manuel. "And going to the ballpark with your kids is such a magic moment."Manuel said he hopes fans who see the cutout of his son at GABP and other stadiums will be inspired to do something about gun violence, whether that be through voting, educating themselves, or joining an organization.He also founded Change the Ref, an organization that works to inspire a younger generation to help lead the way to change toward a more peaceful future. Manuel himself continues to work to raise awareness about the Parkland shooting and speaks out against what he calls a "corrupt" gun lobby and the politicians he believes its influences."I'm begging you to do something to prevent that from happening," said Manuel. "And you won't regret doing something, by the way. It can only be better. It can't be worse."This story was first reported by Josh Bazan at WCPO in Cincinnati, Ohio. 1765
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