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The Boy Scouts of America is considering filing for bankruptcy, the Wall Street Journal reported Wednesday.Boy Scouts leadership has hired the law firm Sidley Austin LLP for possible chapter 11 bankruptcy filing assistance, people familiar with the matter told the Wall Street Journal.According to the newspaper, filing for bankruptcy would halt the many lawsuits the organization faces alleging inappropriate conduct by employees.In a statement released Wednesday "in anticipation of news reports that will speculate about the BSA's financial position," the Boy Scouts said no immediate decisions are expected."We are working with experts to explore all options available to ensure that the local and national programming of the Boy Scout of America continues uninterrupted," Michael Surbaugh, chief scout executive, said in the statement."We have an important duty, and an incredible opportunity, to focus as an organization on keeping children safe, supported and protected, and preparing youth for their futures through our nation's foremost program of character development and values-based leadership training."The statement acknowledged legal costs related to lawsuits against BSA alleging sexual or inappropriate conduct with boys."We believe (victims), we believe in fairly compensating them and we have paid for unlimited counseling, by a provider of their choice, regardless of the amount of time that has passed since an instance of abuse," the statement said.The-CNN-Wire? & ? 2018 Cable News Network, Inc., a Time Warner Company. All rights reserved. 1576
The Drake, a luxury hotel in Chicago, Illinois, is reportedly offering a package that will recreate Princess Diana's June 1996 stay.According to Forbes, the hotel launched the "Crowning a Lady" package in honor of the late princess's appearance in the new season of Netflix's "The Crown."The package will include a required minimum two-night stay in a 1,500 suite that features a stationary bike, forget-me-not flowers, and the official photo book of Abba, the Insider reported.Forbes stated guests would also be treated to a three-course dinner, a replica of what Princess Diana ate at the hotel.According to the Associated Press, Princess Diana was in Chicago to speak about breast cancer at Northwestern University Law School.While in Chicago, Princess Diana danced with former TV talk show host Phil Donahue following a Gala Dinner at the Field Museum of Natural History in Chicago, the AP reported.Princess Diana was in Chicago for three days, the AP reported.The package is available now through December 15, with a rate starting at ,000, and only can be reserved for by phone, Insider stated. 1110

The erratic stock market just made a serious comeback.Fears about slowing earnings growth sent the Dow careening 549 points lower on Tuesday before the index raced back to life.By the closing bell, the Dow was only down 126 points, or 0.5%.Similarly, the Nasdaq closed down 0.4%, erasing the vast majority of a 2.6% plunge. The index also climbed out of a technical correction, a 10% decline from prior highs.The S&P 500 suffered its fifth straight loss. But the broad index finished just modestly lower after touching its weakest point in nearly four months.Market veterans saw little reason for the dramatic recovery -- other than the fact that stocks had gotten to oversold levels."It was an impressive day. We reversed on very little news," said Art Hogan, chief market strategist at B. Riley FBR.Hogan pointed to how the rebound was led by two of the most beaten-down corners of the market: homebuilders and chip makers.Stocks sold off early on Tuesday after major US companies reported gloomy results and guidance. Disappointing numbers from Caterpillar and 3M reinforced ongoing concerns about how long blockbuster profits can last, especially given tariffs and rising costs."Investors are skittish about whether we've seen a peak in earnings," said Mark Luschini, chief market strategist at Janney Capital Management. "It's a schizophrenic market environment where things that didn't matter suddenly do."It's been a scary month for investors. The Dow and Nasdaq are on track for their worst months since January 2016."The market is fragile," said Rich Guerrini, CEO of PNC Investments. "But we're telling our investors to relax. We're in a correction. I think the market does have some legs left."The CNN Business Fear & Greed Index slipped further into "extreme fear." A month ago the gauge of market sentiment was flashing "extreme greed."Wall Street was also spooked by extreme turbulence in China, the epicenter of the trade war. The Shanghai Composite dropped 2.3% overnight. The sell-off wiped out a chunk of Monday's spike, the benchmark index's best day since March 2016. 2114
The COVID-19 pandemic has been a difficult and stressful time for families, but we're seeing one silver lining when it comes to fathers and their kids.Nearly 70% of dads in a recent study from the Harvard Graduate School of Education say they're feeling closer to their kids right now.The dads have had to be home more than usual, but one of the people involved with the study also believes it's helping that dads may be less distracted with work than they usually are.Also, parents' social lives have changed, so they're doing things with their kids they may have done with their friends previously.Dads in the study say they're also getting to know their kids better. More than half say they're spending more time talking to their children about things that are important to them.“I think we're all better parents when we know our kids better,” said Richard Weissbourd, who directs the Making Caring Common Project at Harvard. “I mean it's respectful to enable our kids to really speak, but we also learn a lot about them and it deepens our relationships with them and it also helps us I think in being mentors and guides to them when they make key decisions in their lives.”The Making Caring Common Project is a national effort to make moral and social development priorities in raising kids.Weissbourd is worried there will be a strong pull to return to our normal lives and dads' relationships won't continue in the same way.But you can take steps now to keep those bonds.“I really encourage fathers to establish rituals and routines with their kids now, like if you're going for a walk every weekend with your kid, continue doing that even when the pandemic is over,” said Weissbourd. “If you're playing games with your kid, develop a ritual around playing games with your kids or activities.”He says more fathers are also watching TV with their kids and talking with them about what's going on in the world surrounding the pandemic and the protests. He's hopeful that ritual will continue too. 2008
The FBI said on Tuesday that cybercriminals and foreign actors are attempting to influence the upcoming election.According to the FBI, “Foreign actors and cybercriminals could create new websites, change existing websites, and create or share corresponding social media content to spread false information in an attempt to discredit the electoral process and undermine confidence in U.S. democratic institutions.”Beyond attempts to influence the vote, the FBI says these actors are attempting to sow distrust in the electoral system. The FBI in particular warns that cybercriminals could take advantage of the likelihood several states will need additional time to count ballots due to increased mail-in voting and social distancing protocols. While a delay in results does not indicate any wrongdoing, the FBI warns that foreign actors could attempt to spread misinformation to cause distrust in the system while votes are being tallied.Last month, the Office of the Director of National Intelligence released a statement outlining efforts by Iran, China and Russia to attempt to undermine this year’s presidential election.“Ahead of the 2020 U.S. elections, foreign states will continue to use covert and overt influence measures in their attempts to sway U.S. voters’ preferences and perspectives, shift U.S. policies, increase discord in the United States, and undermine the American people’s confidence in our democratic process,” William Evanina, director of the United States National Counterintelligence and Security Center, said. "They may also seek to compromise our election infrastructure for a range of possible purposes, such as interfering with the voting process, stealing sensitive data, or calling into question the validity of the election results. However, it would be difficult for our adversaries to interfere with or manipulate voting results at scale.”As part of Evanina’s assessment, he said that China and Iran were attempting to seek a favorable outcome for Biden, while Russia was working to ensure a favorable outcome for Trump.“As Americans, we are all in this together; our elections should be our own,” Evanina previously said. “Foreign efforts to influence or interfere with our elections are a direct threat to the fabric of our democracy. Neutralizing these threats requires not just a whole-of-government approach, but a whole-of-nation effort.”The FBI offered the following recommendations to voters:Seek out information from trustworthy sources, such as state and local election officials; verify who produced the content; and consider their intent.Verify through multiple reliable sources any reports about problems in voting or election results, and consider searching for other reliable sources before sharing such information via social media or other avenues.For information about final election results, rely on state and local government election officials.Report potential election crimes—such as disinformation about the manner, time, or place of voting—to the FBI.If appropriate, make use of in-platform tools offered by social media companies for reporting suspicious posts that appear to be spreading false or inconsistent information about election-related problems or results. 3236
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