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(CNN) - As the Dow was on pace for its best day of the year, and a report showed American stores had their best holiday season in six years, JCPenney's stock fell below for the first time since it started trading in 1929.That's pretty much everything you need to know about the state of JCPenney (JCP).The 110-year old company hasn't been profitable since 2010 and its prospects are bleak. JCPenney is billion in debt with a junk credit rating, a sinking cash hoard and no sign of a turnaround.With few shoppers coming to stores, JCPenney faces inventory and supply chain struggles and no clear marketing plan or strategy. The company has been forced to offer steep discounts on clothing to clear its massive inventory glut.Last month, JCPenney reported a 1 million third-quarter loss and a 5.4% drop in sales. The stock has fallen 68% this year and nearly 30% in December alone.Jill Soltau, formerly the boss of Jo-Ann Stores, became CEO in October — the company's fourth in six years. Soltau has her work cut out for her.The company's leaders said they are considering closing some of JCPenney's remaining 860 stores. That might help JCPenney in the near-term, but its long-term prospects are questionable. The company has a .1 billion debt payment due in 2023. Wall Street analysts are skeptical about JCPenney's ability to repay that money.A spokeswoman for JCPenney declined to comment.The company never really recovered from the Great Recession. It lost shoppers to cheaper sellers a decade ago and struggled to bring them back as the economy began to rebound.JCPenney plowed through its cash reserve in an expensive makeover after it hired former Apple Store chief Ron Johnson as its CEO in 2011. The plan didn't work, and Johnson was fired after 17 months on the job.It lacked the cash to improve stores, buy trendy merchandise or hire more employees.The company switched its focus several times over the past few years: from older shoppers to younger, trendier ones, back toward middle-aged women.JCPenney has recently changed its merchandising strategy, chasing proven sales trends instead of filling up stores with inventory. It started selling appliances a few years ago, but that strategy hasn't paid off either. 2244

#Nashville Law enforcement sources tell @CBSNews they have found what appear to be human remains near the site of the explosion. They have not indicated whether remains are from someone connected to explosion or from innocent victim + intelligence source tells #CBS @PatMilton14— Catherine Herridge (@CBS_Herridge) December 25, 2020 347

"At DoorDash, we take the safety of our community extremely seriously. We sincerely regret that this incident fell short of the experience we strive to give our customers every day. While we can't comment on active litigation, we have taken appropriate actions including deactivating the Dasher from our platform for failing to follow and maintain our code of conduct." 377

YORK, S.C. – A South Carolina woman pleaded guilty to fatally poisoning her husband by putting eye drops into his water for days. The woman, Lana Sue Clayton, has been sentenced to 25 years in prison. News outlets report that the 53-year-old pleaded guilty Thursday to voluntary manslaughter and tampering with a food or drug. Clayton admitted to giving her husband drinks laced with Visine. She poisoned him with the eye drops for three days in July 2018 before the poison eventually caused his death. Clayton says her husband was abusive and she didn't mean to kill him, but prosecutors say she killed him for his money. 634

(AP) -- Twitter CEO Jack Dorsey says the company was wrong to block weblinks to an unverified political story, a move that had prompted cries of censorship from the right. Dorsey tweeted Friday that “straight blocking of URLs was wrong" and the Twitter has updated its policy and enforcement to fix it.Dorsey was weighing in after an executive at the social media company announced changes to its policy on hacked content. Twitter and Facebook had moved quickly this week to limit the spread of the story published by the conservative-leaning New York Post citing unverified emails from Democratic presidential nominee Joe Biden’s son. 643

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