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Sears, the once-dominant retail chain that changed how Americans shopped and lived, has filed for bankruptcy.The 132-year-old company has been struggling for several years and is drowning in debt. The final straw was a 4 million debt payment due Monday that it could not afford.Sears Holdings (SHLD), the parent company, which owns Sears and Kmart, is among dozens of prominent retailers to declare bankruptcy in the era of Amazon. (AMZN)The filing in federal bankruptcy court in New York came just after midnight early hours of Monday. The company issued a statement saying it intends to stay in business, keeping stores which are profitable open, along with the Sears and Kmart online shopping sites. But it said it looking for a buyer for a large number of its remaining stores and that it will close at least an additional 142 stores near the end of this year, in additional to the 46 store closing already planned for next month. 945
SANTA ANA (CNS) - Two more people in Orange County have tested positive locally for the novel coronavirus, health officials said today, but federal test results are still pending to confirm the diagnoses.According to the Orange County Health Care Agency, the cases are a man in his 60s and a woman in her 30s who had recently traveled to countries with widespread outbreaks of what is officially known as COVID-19. The pair tested positive in Orange County, but test results were sent to the U.S.Centers for Disease Control and Prevention to confirm the results. "The more you look for something, the more likely you are to find it," said Dr. Nichole Quick, the county's health officer. "Now that our Public Health Laboratory is able to perform COVID-19 testing, we expect to see more cases here in Orange County. Our residents should take everyday precautions to prevent the spread of respiratory illnesses like covering your coughs and sneezes, avoiding touching your face, and washing your hands frequently."Another person in the county who contracted the virus earlier this year has fully recovered.The news comes as organizers of the second biggest annual convention in Anaheim announced the postponement of the event due to concerns over the virus. Natural Products Expo West officials plan to discuss a new date for the convention in Anaheim later this year.There have been nine deaths from coronavirus in the United States, in Washington state. Worldwide, roughly 93,000 cases of COVID-19 have been reported, and more than 3,100 deaths. 1552
SANTA ANA, Calif. (AP) — Orange County’s new interim health officer says he will lift a requirement that residents wear face coverings in public and instead recommend they do so to help reduce the spread of the coronavirus. The change comes three days after the previous health officer abruptly resigned following threats she received over her order requiring masks as the county allowed more businesses to reopen. Residents have railed against the requirement at public meetings. Los Angeles and San Diego counties have similar requirements. The head of the Orange County Medical Association says using a mask is a small sacrifice to protect others. 658
SAN RAMON, Calif. (AP) — Business software pioneer Salesforce.com is buying work-chatting service Slack for .7 billion in a deal aimed at giving the two companies a better shot at competing against one of the industry's longtime powerhouses. The acquisition announced Tuesday is by far the largest in the 21-year history of Salesforce, a San Francisco company that was one of the first to begin selling software as a subscription service that could be used on any internet-connected device instead of the more cumbersome process of installing the programs on individual computers.According to the Associated Press, Salesforce purchased data analytics specialist Tableau Software for .7 billion last year.The company’s current market value is 0 billion, the AP reported.The AP reported that both companies are located about a block away from each other in San Francisco. 886
SAN FRANCISCO (KGTV) -- A boy who became well known after a photo of him hugging a police officer was widely shared on social media is feared dead along with his family after their SUV fell over a cliff, according to the Associated Press.Authorities say 15-year-old Devonte Hart is feared dead after the family’s vehicle fell 100 feet over a cliff along Highway 1 near County Road 430.Tha California Highway Patrol said 19-year-old Markis Hart, 14-year-old Jeremiah Hart and 14-year-old Abigail Hart died along with their parents, Jennifer and Sarah Hart. "We have every indication to believe that all six children were in there," Mendocino County Sheriff Tom Allmon said. "We know that an entire family vanished and perished during this tragedy."The California Highway Patrol hasn’t determined why the vehicle went over the cliff into the ocean.Devonte gained fame after a photo of him hugging a police officer went viral. In the photo (pictured below) a Portland officer reportedly saw him holding a “free hugs” sign and crying. The officer then asked if he could have a hug. 1126