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EL CAJON, Calif. (KGTV) - El Cajon Police released a surveillance photo Friday in an effort to find the driver responsible for a deadly hit-and-run crash. Investigators said a newer silver four-door sedan ran down the unidentified victim in the intersection of East Chase and Lincoln Ave. about 6:30 p.m. on Wednesday, Nov. 6. A witness started CPR on the 58-year-old man but he died of his injuries after he was transported to Sharp Memorial Hospital. RELATED: Pedestrian killed in El Cajon hit-and-run crashThe suspect vehicle is likely to have damage to the bumper, hood, and possibly the windshield, according to El Cajon Police Lt. Jason Taub. Anyone with information about the crash is asked to call Crime Stoppers at 888-580-8477 or El Cajon Police at 619-579-3311. 780

Don't blame Amazon for the death of Toys "R" Us.It's true, online shopping didn't help matters, but the struggles of Toys "R" Us predate the boom in online shopping. Many of its wounds were self-inflicted.The company's biggest problem: It was saddled with billions of dollars in debt. That debt stopped it from making the necessary investment in stores. And that meant an unpleasant shopping experience that doomed the chain. The company told employees Wednesday that it would close or sell its US stores after 70 years in business."If you're going to have that breadth of inventory, you need someone in the store to help you find it, help you experience it," said Greg Portell, lead partner at retail consultant A.T. Kearney. "It's hard to sell toys in a cold, warehouse environment."Even Toys "R" Us CEO David Brandon conceded in an SEC filing last fall that the company had fallen behind competitors "on various fronts, including with regard to general upkeep and the condition of our stores."Toys "R" Us' debt problems date back to well before Amazon was a major threat. Its debt was downgraded to junk bond status in January of 2005, at a time when Amazon's sales were just 4% of their current level.A year later the company was taken private by KKR, Bain Capital and real estate firm Vornado. The .6 billion purchase left it with .3 billion in debt secured by its assets and it never really recovered.The toy store faced several other big challenges at about the same time. There was the rise of big box retailers like Walmart, which now dwarfs Toys "R" Us in total toy sales. Last year toymakers Mattel and Hasbro each sold about billion worth of their toys at Walmart, more than twice as much as what they sold through Toys "R" Us. Target sold just about as many of their as Toys "R" Us last year.And like most retailers, Toys R Us also lost sales to online rivals such as Amazon that offered lower prices and quick shipping.But much of the chain's resources were devoted to paying off that massive debt load rather than staying competitive.When Toys "R" Us filed for bankruptcy in September 2017, it disclosed it had about billion in debt and was spending about 0 million a year just to service that debt.That burden crowded out critical strategic priorities, like making its stores a nice place to shop and paying employees.Tell us: How will you remember Toys 'R' Us?Brandon said in a filing last fall that the bankruptcy process would allow it to invest million in its stores. The company hoped to add playrooms where kids could try out toys and spaces for birthday parties, but it never got the chance.Brandon also vowed to spend more money on staff. With extremely low unemployment, competitors like Walmart are raising wages, while Toys 'R' Us was having trouble attracting the kind of help it needed. It said last fall it would spend million from 2018 to 2021 to raise starting wages and to reward and keep its most effective employees."Better employees make for happier customers," Brandon said in the filing.Despite sharply declining sales, Toys "R" Us was also extremely late to the game in closing stores. At the time of its bankruptcy filing, the chain had 1,697 stores -- more than it had ever had.In January, it announced plans to shut 182 US stores. Last month it filed for the equivalent of bankruptcy for its UK operations, where it had 105 locations. On Wednesday, hours before announcing the decision to close its US operations, it said it would close the last 75 UK stores.But the closings in recent weeks were far too little, too late. And as a result, now all of US stores will close, and probably most foreign stores as well.The-CNN-Wire 3698

Did you dabble in bitcoin in 2017, riding the cryptocurrency roller coaster that seemed to captivate the nation? You may be on the hook for taxes — no matter how you acquired or used it.You can run afoul of IRS rules on bitcoin in a few surprising ways. Here’s how using bitcoin can affect your tax situation. 322

Early Friday morning, the Senate passed a .3 trillion spending package that will increase funding for the military and domestic spending and will keep the government funded through the end of September, sending the legislation to the President for his signature house ahead of a midnight deadline.The Senate passed the bill after a whirlwind day where at least two Republican senators held up the legislative process and made it appear unclear whether the bill could pass ahead of the deadline. The bill passed 65-32, averting a potential government shutdown and funding the government through September 30.The House passed the legislation earlier Thursday, voting 256-167 with Democrats and Republicans coming together to pass it less than 24 hours after the 2,300-page bill was made public. 802

EL CAJON, Calif. (KGTV) — El Cajon Mayor Bill Wells said he plans to call for a special City Council meeting on Friday to discuss instructing local police officers not to enforce coronavirus-related regulations."The people of El Cajon are suffering and it is highly unfair and nonsensical that big box stores, grocery stores, club stores and now even schools are open while nail salons, restaurants, churches, and other businesses and organizations are shuttered," Wells wrote on Facebook. "My people are suffering from not only financial ruin, but many are enduring severe depression, anxiety, isolation, and many other emotional, spiritual and sociological deprivations as a result of this stunning governmental overreach."Wells wrote that he will propose that the El Cajon Police Department stop enforcing mask, non-essential business, and social distancing laws.Speaking with ABC 10News, Wells said that he understands that the county and state may continue to hand out fines or criminal charges on businesses despite the stance. He added that he takes the virus extremely seriously but the mental health issues surrounding restrictions are too much."I don't enjoy taking a stand like this, this isn't going to be any fun. But I think my responsibility to the people are more important than my comfort," Wells, a mental health professional, said. "I want to emphasize I'm not telling people not to wear masks. I'm not telling people not to social distance. And I think people who are elderly with co-morbidities should stay in their homes and not socialize with people."The council meeting will be reportedly scheduled for 3 p.m."The government is picking winners and losers, and if you're on the losing side you can lose your entire business and livelihood," Wells said. 1783

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