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WESTLAKE VILLAGE (CNS) - Westlake Village-based Guitar Center, the country's largest retailer of instruments and musical equipment, joined a growing list of companies impacted by the economic toll of the COVID-19 pandemic, filing for bankruptcy, according to a report Sunday.Guitar Center has about 300 stores across the U.S., and its sister brands include Music & Arts, which has more than 200 stores specializing in band and orchestral instruments for sale and rent, according to the Los Angeles Times.The filing in the Eastern District of Virginia gives the company a break on its debts by letting it stay in business as it seeks to carry out a restructuring plan, the Times reported.According to the report, a restructuring support agreement announced Nov. 13 requires new financing backed by existing creditors, in addition to 5 million in new equity investments from its parent company, Ares Management Corp., as well as the Carlyle Group and Brigade Capital Management.Moody's Investor Service explained that the coronavirus shutdown has hit nonessential retailers hard, and that Guitar Center was particularly vulnerable because musical instruments are highly discretionary item. The company's stores were shut down in mid-March when the pandemic began in earnest. Since then, the Times reported, it has reopened some locations while maintaining online operations.Guitar Center claims it has liabilities of between billion and billion, with a similar range for its assets, according to the filing.According to the report, Ares acquired the company in 2014 in an out-of-court restructuring of Guitar Center's substantial debt load, the result of a deal by Bain Capital LP in 2007 to take it private. 1728

White House chief of staff John Kelly told reporters on Friday that the White House's handling of classified material "wasn't up to the standards" he had previously seen in his governmental career.During an impromptu meeting with reporters after President Donald Trump had departed for the weekend, Kelly explained the security clearance process for White House officials."It came to my notice that the kind of things I was used to in (Department of Defense) in terms of the handling of classified material wasn't up to the standards that I'd been used to," he said.  580

With home-court advantage taken out of the equation this year because of COVID-19, the NBA playoffs look nothing like they once did. And on Wednesday, the season took yet another dramatic turn with at least one team boycotting the championships.The Milwaukee Bucks boycotted their game to protest the shooting of Jacob Blake in Kenosha, Wisconsin. It raises the question: what does this mean for the current moment of racial reckoning the nation has found itself in?Dwight Lewis, an activist during the civil rights movement, says it's about more than one game or any sport in particular."Sometimes you have to do things to get attention and say, ‘I can’t take this anymore. I’m mad as hell and I’m not going to take it anymore,’" the now 72-year-old activist explained.For athletes and teams in the national spotlight, it's about using their platform to get the country to pay attention."If you don’t speak out now, what are people going to say about you? That’s what was great about what the Bucks did," he added.Professional athletes using their platforms to protest racial inequality is nothing new. The first time it happened was during the 1968 Olympics when two African American runners raised their fists during the national anthem to call attention to the civil rights campaign.Lewis says decades later professional athletes are still harnessing the power that comes with their position to help enact change and move the national dialogue on race forward."This is 2020. We’re no better. Racism is still as American as apple pie, unfortunately. So, what did we do to keep these people from not wanting to walk off the basketball court or the football field? What did we do?" 1690

With Election Day right around the corner, Mattel has unveiled their latest addition to its "Inspiring Women" series - Susan B. Anthony.The toy company said that it wanted to honor Anthony for her "pioneering efforts and far-reaching impact" in the fight for women having the right to vote."On November 5, 1872, while protesting and leading the charge for women's voting rights, Susan B. Anthony made a defiant move," Mattel said on its website. "She voted in the presidential election and was arrested at her home in Rochester, NY."Because Anthony helped pave the way, the 19th Amendment was passed in 1920, which gave women everywhere the right to vote.Last week, the National Susan B. Anthony Museum and House unveiled the doll inside Anthony's home.In a press release, Deborah L. Hughes, President & CEO of the Anthony Museum, said they were delighted to hear from Mattel's design team about constructing a doll that would reflect "Susan B. Anthony's life and work."The doll's launch in 2020 makes it extra unique since it marks the 100th anniversary of the 19th Amendment passing, Anthony's 200th birthday, and the museum's 75th anniversary.The doll comes dressed in a floor-length black and lace dress, accented with glasses, and a lace collar fastened with a cameo brooch.The doll is available for a limited time only and sells for .99 on Mattel's website. 1378

WEST PORTSMOUTH, Ohio - In Ohio, a dad turned an awkward silence into a beautiful moment when he belted out the national anthem at a high school basketball game after the sound system failed.The moment captured on video took place before the Waverly Tigers were to take on the Portsmouth West Senators Friday night.According to CNN, the pregame rituals started as usual, with everyone standing before playing the national anthem, but then, silence.The sound system was experiencing technical difficulties.That's when Trenton Brown began to belt out "The Star-Spangled Banner" at the encouragement of his wife, with no musical backup or a microphone.After he was done singing, Brown sat down and started eating his popcorn, CNN reported.Johnny Futhey, another parent who was at the game, captured the moment and posted it on his Facebook page, where it quickly went viral.Futhey said the performance brought tears to people's eyes.Brown told CNN that he's been singing most of his life but has never performed the national anthem solo. 1042