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Two of the former owners of Toys "R" Us have agreed to pay million to help laid-off employees.Bain Capital and KKR, private equity firms that owned part of the toy retailer, set up a severance fund to pay former workers who lost their jobs when the company closed its stores.The third owner, real estate firm Vornado, did not join the fund, and did not immediately respond to request for comment.MORE: How the Toys 'R' Us closures massively impact?the U.S.Toys "R" Us filed for bankruptcy a year ago with plans to stay in business. But in March the company's creditors forced it to go out out of business, and the 31,000 remaining employees did not get severance payments.Some top executives at Toys "R" Us received bonuses as part of the bankruptcy process. The nation's bankruptcy laws place limits on the severance payments that can be made to laid-off employees, and they give priority to repaying creditors of the bankrupt companies.Had the employees been laid off before the bankruptcy, they would have been entitled to severance pay of up to one week of pay for every year of service.The million severance fund does not come from Toys "R" Us.The fund was set up following negotiations between the private equity firms and various public interest groups that organized the employees, including Organization United for Respect, Private Equity Stakeholder Project and Center for Popular Democracy."This Fund begins to ensure the hard-working people who spent their lives building Toys 'R' Us and making children happy are not left out in the cold," said Marilyn Muniz, a New York-based Toys "R" employee for nearly 20 years.The groups are seeking additional contributions to the fund from Vornado as well as two Toys "R" Us lenders, Solus and Angelo Gordon, which pushed the company to shutdown operations rather than stay in business. Solus did not respond to a request for comment and Angelo Gordon declined to comment.Tracy Forbes, a former employee who lost her job, told CNN Business that she had worked for the company for 31 years, making her way up to store manager of a Babies "R" Us store in Tempe, Arizona. At the time of the bankruptcy filing she figured she would get about seven months of severance if her store shut down. She said she was shocked when she learned the promised severance wouldn't be paid."It was very difficult," she said. "Here in Arizona, unemployment is only 0 a week. It's not even minimum wage. It was rough. I only got by with friends and family helping me out."After about four months she found a job as an assistant manager of a Home Goods store, which pays less than Babies "R" Us. She said she's kept in touch with the employees who used to work with her at Babies "R" Us."Just about everyone has found some kind of work, but it generally took three or four months," she said. "Some aren't earning as much. Some of the lower-level employees have actually found better paying jobs."The fund has hired attorney Kenneth Feinberg to come up with a formula to determine who gets how much money. Feinberg has made a career deciding distribution to victims of events, such as the terrorist attacks on September 11, 2001, and the BP Deepwater Horizon oil spill. He has proposed that payments go to workers who had been with the company at least a year and who made between ,000 and 0,000 in annual income."In order to maximize the impact of available funds, key eligibility requirements and payment parameters had to be instituted," said Feinberg. Payments are expected to start soon after December 15 and be completed by April.The million fund will not cover a full severance plan for the workers. The employee groups estimate that would take million.The proposed payment schedule provides at least 0 to anyone eligible for payments and as much as ,800 to the top earning employees -- those earning more than 0,000 a year who had been with the company for more than 25 years. Those earning more than 0,000 are not eligible to receive payments from the fund.A more typical employee, one who was earning ,000 a year with 10 years of service, would get ,400 under the plan, or about two-and-half weeks of pay.Former employees can go to www.trufinancialassistancefund.com to find out about how much they might get and to comment on the distribution formula. Depending on the comments, the formula might be adjusted before the payments start. 4424

Tropical Storm #Gonzalo has formed over the tropical Atlantic Ocean. Please refer to the Tropical Cyclone Update for more info: https://t.co/k5cRXbtKv2 pic.twitter.com/GMFnuCSjBA— National Hurricane Center (@NHC_Atlantic) July 22, 2020 244

UPDATE: The fire was 100 percent contained at 250 acres by Friday at 6:20 p.m. All lanes of SR-78 reopened by 5 p.m.RAMONA, Calif. (KGTV) -- Crews Thursday stopped the forward rate of spread of the Rangeland Fire burning in the Pasqual Valley near Ramona. The blaze started along San Pasqual Valley Road around 1 p.m. near the San Dieguito River Trail and quickly grew to 250 acres. The fire is 60 percent contained. The eastbound lanes on State Route 78 closed at Bandy Canyon Road due to the fire, but are expected to reopen by 10 p.m. The 78 will be down to one lane on Friday between 8:30 a.m. and 5 p.m.  Highland Valley Road was also closed between Bandy Canyon and Archie Moore Road due to a big rig that was stuck on the road.  803

UPDATE: Thursday, Major League Baseball has decided to cancel the rest of spring training and delay the start of the season by at least two weeks.Original story follows...SAN DIEGO (KGTV) — The San Diego Padres say they do not plan to make any changes to their schedule over the coronavirus at this time.The team said there are no current plans to adjust the team's spring training or regular season schedules due to concerns over COVID-19.The team is also in regular contact with Major League Baseball over what steps to take in the future, according to a statement from President of Business Operations Erik Greupner.“Ensuring the health and safety of our guests, players and employees is our number one priority. We are in regular contact with Major League Baseball and numerous health and government agencies, including the CDC, and while we have been informed that the immediate health risk in the San Diego region is low at this time, we are proactively taking increased measures to keep our facilities clean and safe, including our Spring Training facility in Peoria, Ariz. We have also been relying on the guidance and assistance from our excellent team of doctors at UC San Diego Health, which has been helping to lead our region’s response to the coronavirus," Greupner wrote.RELATED:How the coronavirus is affecting sports. Leagues preparing to play in front of empty arenasMAC tournament closed to general public due to coronavirus concernsOhio Gov. asks indoor sporting events be played without spectatorsSome sports events, however, are facing fan-less games or moving entirely.Wednesday, the Seattle Mariners announced that all March games will not be played at T-Mobile Park in Seattle, after Washington Gov. Jay Inslee announced a ban on large group events through March."The Seattle Mariners are working with the Major League baseball Office of the Commissioner on alternative plans for our games..." a team statement read.The Golden State Warriors were another major sports team to announce a change this week, as Thursday's game against the Brooklyn Nets will be played without fans, after San Francisco banned large events of more than 1,000 people. 2178

UPDATE 2:48 PMA group of demonstrators have gathered at Carlsbad Village Drive and are marching towards Carlsbad Boulevard.SAN DIEGO (KGTV) -- Several protests are planned Saturday throughout San Diego following week-long protests in the U.S.Simultaneous protests began at roughly 10 a.m. in both Del Mar Heights and the County administration building. More than 3,000 gathered in downtown San Diego while roughly 300 demonstrated in Del Mar. "The large group of 3000+ peaceful protestors have begun to march onto Ash St. They will be going North on 6th towards Hillcrest. We will be temporarily closing numerous streets to allow the march to continue," police said on Twitter. "The group is still North on 6th Ave at Balboa Park. Traffic in Hillcrest will be impacted shortly. Motorists, please be patient and expect delays," the department added. "I've been racially profiled four times throughout my life," said the protest's organizer, Charles Brown. "I want discussions, I want conversations, this cannot continue to happen."Brown decided to plan the protest Tuesday.The protest ended before 2 p.m. in front of the pride flag in Hillcrest. "It symbolizes so much, it's very welcoming of anyone that wants to be accepted and I just thought that would be the perfect way to resolve today's event."Brown said he was happy to see the protest remaining peaceful, but was left slightly disappointment by one thing."I was hoping that some of the civic leaders would have shown up today," he said. "So you can look your community in the eye and tell them exactly what you are feeling, I want you to tell them exactly the change that needs to happen."RELATED: More San Diego law enforcement agencies are dropping the controversial use of carotid restraintA third protests is scheduled to begin at the Torrey Pines Glideport around noon Saturday. Mothers throughout Southern California are also planning to come together to stand for criminal justice reform at Civic Center Park on the 200 block of Civic Center Drive in Vista at noon. Sky10 was up over several of the protests throughout the county. Watch video from the demonstrations below: Protests scheduled Saturday follow a week of demonstrations throughout San Diego County.Friday, events in Carlsbad and Escondido brought protesters to parks and street corners in response to the death of George Floyd in Minneapolis. Similar events also took place in both San Diego and Oceanside. RELATED: Council President calls for docket of police oversight measureThis week's protests and calls for action by local police departments sparked authorities countywide to end the use of the carotid restraint. 2657

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