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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

Two dogs were rescued after they were left inside a hot car in Brooklyn Saturday afternoon.NYPD Emergency Service Unit responded to 64th Street in Brooklyn and quickly gained access to the dogs, NYPD Special Ops said on Twitter.Oxygen was administered as the dogs were getting cooled down by officers.Both dogs were taken to the animal hospital where one is in critical condition with a strong heartbeat, police said.The dogs’ owner was arrested.Saturday’s temperatures reached highs in the 80s and low 90s. Temperatures inside cars are known to be even hotter than outdoor temperatures. 595

Twitter is still trying to figure out who is behind that high-profile hack.Tweets were sent out from verified accounts, saying they would send money to anyone who sent cash to a bitcoin address.Experts say whoever is behind it possibly used "social engineering," sending phishing emails, texts or phone calls to Twitter employees to get gain access. 357

Turkish President Recep Tayyip Erdogan announced a boycott of American electronics Tuesday after US President Donald Trump's decision to hike tariffs on Turkish steel imports."Whatever we buy from abroad we are going to produce here in better quality and export it. We are going to boycott US electronics," Erdogan said at celebrations of the 17th anniversary of his Justice and Development Party."If they have the iPhone on the other hand there is Samsung. In our country we have Venus and Vestel," he said, referring to a Turkish-made phone made by electronics manufacturer Vestel."What we can do is proved by what we have done so far. Whatever we pay for from abroad, we will do here," he said.It is not clear if this will be an official government boycott or just a call to the Turkish public to stop buying American electronics. 841

Tuesday, April 17 is Tax Day. If you haven't filed your taxes yet, this is your reminder. If you have, now's your chance to cash in on some freebies and deals in honor of the dreaded day. Boston MarketParticipating locations nationwide are offering a .40 Tax Day Special which includes a half chicken meal with two sides, cornbread and a regular fountain drink. Find a location near you. Bruegger's BagelsFrom April 9 to April 17 get 20% off catering orders in honor of Tax Week Relief. Get more info here. Find a location near you.Firehouse SubsFrom April 17 to April 19 you can get a FREE medium sub when you buy a full priced medium or large sub, chips & drink. Get the coupon here.Great American CookieGet a free Cookies & Cream Cookie at participating locations on April 17. Find a location near you.Kona IceGet a free Kona Ice on April 17 from your local Kona truck. Find a truck near you. Office Depot & OfficeMaxGet 5 free pounds of document shredding until April 28. 2018. Get the coupon here.Sonny's BBQGet half-price St. Louis Rib dinners on April 17. Choose either Sweet and Smokey or House Dry-Rubbed Ribs with two sidekicks and bread. Find a location near you.Sonic Drive-InCheeseburgers are half price every Tuesday for Family Night from 5 p.m. to close. Find a location near you. 1343

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