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NEW YORK (AP) — Mall owners Simon Property Group and Brookfield Property Partners are close to a deal to buy department store chain, J.C. Penney, out of bankruptcy and keep the chain running. Penney's lawyer Josh Sussberg announced the tentative pact, which will save roughly 70,000 jobs, during a brief hearing in bankruptcy court Wednesday. More than 600 stores are expected to be saved, USA Today reported.According to the Wall Street Journal, Simon and Brookfield will own about 490 locations and a group of lenders will own 160 stores.Sussberg noted that a letter of intent including details of the pact will be filed with the bankruptcy court the next day. The 118-year-old department store based in Plano, Texas, filed for bankruptcy protection in mid-May, one of the biggest retailers to do so since the pandemic temporarily shut down non-essential stores around the country. 891
NEW YORK — Whether you thought SantaCon was naughty or nice, New Yorkers can check the annual bar crawl off their list this year.The organizers of SantaCon NYC have announced the event will not take place this year due to the coronavirus pandemic.“2020: The year there was no SantaCon. Remain home and stay on the Good List! We are all in this together so to keep the spirit alive, we have to socially distance and wear a mask. Looking forward to 2021,” an announcement on the official website says.Tha annual event calls on participants to dress up as Santa, elves or other Christmas creatures from the North Pole for a city-wide bar crawl. And while the event also doubles as a charity fundraiser, it's become a polarizing tradition in New York City.While thousands of Santas and elves flock to Manhattan for a day of revelry to celebrate the holiday season, many who live or work in the borough have long panned the alcohol-fueled behavior that would certainly put some participants on the naughty list, including brawls and arrests.This story was originally published by Lauren Cook on WPIX in New York City. 1120

NEW YORK (AP) — A tentative deal has been reached to settle multiple lawsuits brought against the television and film company co-founded by Harvey Weinstein, who has been accused of sexual misconduct by scores of women.Attorneys involved in the negotiations told a federal bankruptcy court judge during a hearing in Wilmington, Delaware, Thursday that a breakthrough in a still-unfinished mediation had put a settlement within reach.The amount of the deal wasn't revealed in court, but a person familiar with the negotiations told The Associated Press it was worth million. The person wasn't authorized to reveal details of the discussions and spoke on condition of anonymity."We now have an economic agreement in principal that is supported by the plaintiffs, the (New York attorney general's) office, the defendants and all of the insurers that, if approved, would provide significant compensation to victims, creditors and the estate and allow the parties to avoid years of costly, time consuming and uncertain litigation on all sides," Adam Harris, a lawyer for studio co-founder Bob Weinstein, told the judge.He cautioned that there was still "a lot of work here to do.""But," he added, "I personally am very optimistic."The size of the settlement was first reported by The Wall Street Journal.More than 15 lawsuits have been filed accusing Harvey Weinstein or the company of misconduct. The settlement would cover many of them, including a class action by alleged victims that accuses the film company of operating like an organized crime group to conceal widespread sexual harassment and assaults.It would also resolve a civil suit by the New York attorney general alleging that Harvey Weinstein's media company, in enabling his mistreatment of women, violated labor laws.The New York attorney general's office declined to comment on the amount of the settlement.Any settlement would need to be approved by the courts.Harvey Weinstein also faces criminal charges in New York of rape and performing a forcible sex act. His trial is scheduled to begin in September. The settlement wouldn't resolve his criminal case.Weinstein denies all allegations of nonconsensual sex.An attorney who represents unsecured creditors in the bankruptcy of the Weinstein film studio, Robert Feinstein, told U.S. Bankruptcy Court Judge Mary Walrath that mediation talks that had broken down a few months ago had recently been restarted.A global settlement of the class action lawsuit and all other legal action against the Weinstein Co. seemed to become possible only in the past few days, he said, though he cautioned that many details remained to be resolved."I think we are poised to get there. I can't assure the court that we will," he said.Harris said the settlement was complex due to the number of claims, and insurance companies, involved."We're dealing with potential claims here that go back . more than 25 years," he said, adding that the nature of the allegations had also made for "a highly charged environment, with very strong feelings on all sides."___Associated Press writer Randall Chase in Dover, Delaware, contributed to this report. 3151
Need a socially distanced costume that comes with a unique 'zombie mode' button that'll keep anyone 6 feet away from you?Well, Skittles is giving away Zombie Skittles socially distance costumes that are 6 feet wide and has a button that will let you release the "aroma of rotten zombie." 295
NEW YORK, N.Y. – Legendary television host Regis Philbin has died at the age of 88, People Magazine and ABC News report.According to a family statement obtained by People and ABC, Philbin passed away from natural causes Friday night, one month shy of his 89th birthday.The statement goes on to say that Philbin’s loved ones are forever grateful for the time they got to spend with him, his warmth, his sense of humor and his ability to make every day into something worth talking about.“We thank his fans and admirers for their incredible support over his 60-year career and ask for privacy as we mourn his loss," the statement ends.For years, Philbin hosted “Live! With Regis and Kathie Lee” before Kathie Lee Gifford left and Kelly Ripa took her place on the nationally-syndicated morning talk show. Ripa and her current co-host Ryan Seacrest posted a tribute to Philbin on Instagram soon after hearing the news of his passing. View this post on Instagram We are beyond saddened to learn about the loss of Regis Philbin. He was the ultimate class act, bringing his laughter and joy into our homes everyday on Live for more than 23 years. We were beyond lucky to have him as a mentor in our careers and aspire everyday to fill his shoes on the show. We send our deepest love and condolences to his family and hope they can find some comfort in knowing he left the world a better place. - Kelly and Ryan A post shared by Kelly Ripa (@kellyripa) on Jul 25, 2020 at 1:12pm PDT Philbin was also known for hosting “Who Wants to be a Millionaire,” as well as acting and singing. According Guinness World Records, the New York native held the record for the most time on U.S. television, with about 16,746.50 hours.Philbin is survived by his wife, Joy, and three daughters, Joanna, Amy and J.J. His son, Daniel, passed away a few years ago.Fellow TV host Jimmy Kimmel was among the first celebrities to pay his respects on social media.Regis was a great broadcaster, a good friend and a tremendous amount of fun. He leaves behind a beautiful family and a TV legacy that will likely go unmatched. Regis, I hope our friend Rickles met you at the pearly gates with open arms and a slew of the insults you loved so much— Jimmy Kimmel (@jimmykimmel) July 25, 2020 President Donald Trump, a friend of Philbin, also shared his condolences.....And to Joy, his wonderful wife who he loved so much, my warmest condolences!!!— Donald J. Trump (@realDonaldTrump) July 25, 2020 2486
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