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It's been a brutal week for many big American retailers.JCPenney announced Friday that it will cut 360 jobs at its stores and corporate headquarters. That's on top of the more than 5,000 layoffs in 2017 after JCPenney decided to close nearly 140 stores.The struggling retailer also said that its earnings and sales for this year will be worse than what Wall Street analysts were expecting. Shares of JCPenney plunged nearly 10% in early trading.JCPenney wasn't the only prominent bricks and mortar chain to report poor results this week.Barnes & Noble posted a quarterly loss and a drop in sales Thursday morning, sending the bookstore's shares to an all-time low.Victoria apparently needs a new Secret too. L Brands, the owner of the lingerie seller and Bath & Body Works, plunged 14% Thursday after its outlook turned out to be more devilish than angelic.Nordstrom, which is trying to go private, failed to impress investors with its latest results after the closing bell Thursday. Its stock fell 6% Friday morning.And the other shoe dropped at Foot Locker. The sneaker and athletic apparel company's sales missed forecasts and its outlook was weak as well. Foot Locker's stock dove 7% Friday morning.Related: The one sector of retail that's hiring -- a lotAll this bad news comes at a time when the retail industry is undergoing a massive transformation as more and more consumers shop online.People are still spending. They are just doing so on their phones as opposed to at the mall.That's been great for e-commerce leader Amazon, which has continued to post impressive sales growth. Its stock is also up more than 25% this year and is near a record high.Coye Nokes, partner in the consumer and retail practice at strategy consulting firm OC&C, said that the threat from Amazon is clearly the biggest challenge for most traditional retailers."Amazon is still coming and it is entering even more categories," she said.But she added that there are some retailers that have been fighting back and have done a good job of boosting their own digital operations.Related: Macy's is back! Stock up on solid salesMacy's shares rallied earlier this week after the iconic retailer topped analysts' forecasts and said that online sales continued to grow at a double-digit pace.Best Buy also posted strong sales in its stores and digital operations on Thursday. The electronics retailer's stock even rose 4% while the broader market tanked on fears of a global trade war.And there are other traditional retailers that are holding up well.Gap shares bucked the market's downward trend Friday, rising 5% after it posted solid results. The Gap's Old Navy brand is on fire. Its same-store sales were up 9% during the holiday quarter.Department store chain Dillard's topped forecasts earlier this week too, sending its shares up nearly 17% on the news.So it's not all doom and gloom for retail. The industry is in the midst of a shakeout that will lead to some casualties and some big winners. But the American consumer is still alive and well.The-CNN-Wire? & ? 2018 Cable News Network, Inc., a Time Warner Company. All rights reserved. 3147

In the wake of yet another North Korea missile test and a terror attack in London, President Trump spoke to soldiers and their families at Joint Base Andrews in Maryland.Trump did address the London attack during his speech, saying "Our hearts and prayers go out to the people of London, who suffered a vicious terrorist attack today."Watch Trump's entire speech in the player below. 396

Iran has issued an arrest warrant for President Donald Trump and 35 other people in connection with a U.S. drone strike that killed a top Iranian military commander earlier this year.CNN and NBC both confirmed the reporting of Fars, an Iranian news outlet.Both CNN and NBC say Iran asked Interpol for help in apprehending Trump. In a statement issued to CNN, Interpol said it "would not consider requests of this nature" and said it was against the organization's constitution to "undertake any intervention or activities of a political, military, religious or racial character."Iran says it wants to press charges against Trump after he ordered the assassination of Qassem Soleimani, a general in the Islamic Revolutionary Guard Corps in January. Soleimani's death sparked massive protests against American imperialism in Iran and heightened tensions in the region.The Pentagon claims that the unit directed by Soleimani is responsible for the deaths of hundreds of Americans.Trump ordered the drone strike that killed Soleimani after days of riots at the American Embassy in Iraq. The U.S. claims the riots were backed by the Iranian government.Following Soleimani's death, Iran fired rockets near an Iraqi military base where U.S. troops were housed. Though Trump reported at the time that no American troops were hurt, it's since been revealed that dozens of U.S. soldiers were treated for brain injuries.The same day of the rocket attack at the Iranian base, an airliner was shot down near Tehran, killing 176 people. Iran later took responsibility for the plane crash but said the incident was "unintentional." 1624

It happens countless times on roads across America: a vehicle gets a flat tire, usually just a temporary inconvenience.But on one road near Redding, California, when a tire failed last month on a trailer and its rim scraped the asphalt, the result proved to be catastrophic for an entire region.The sparks that shot out July 23 from that minor incident, California fire officials said, ignited what is now the sixth-most destructive wildfire in state history.The Carr Fire blazed a fiery path along Highway 299, lighting up mile after mile of dry brush as it crept up on residential areas. 597

INDIANAPOLIS -- A man's quick reaction spared him from serious injury or even death after a chunk of concrete was thrown from an overpass on I-465 and shattered his windshield.Alan Cox was driving his Honda SUV on I-465 northbound Wednesday afternoon. He said he saw three men on the overpass as he approached the Pendleton Pike exit. Cox said he could tell they were up to no good, especially when he noticed one throwing something into moving traffic and in his direction."I knew he was going to throw something so I veered to the left a little. He nailed me. If I veered over to the left -- dead center to the chest," Cox said.A chunk of concrete hit Cox's windshield on passenger side and left the interior of his SUV covered in glass"People get killed. I'm fortunate to be here. This can be fixed," Cox said.If something like this should happen to you, police ask that you safely pull over to the side of the road, immediately call them and provide the mile marker.  If you have a description of the suspect(s), provide that as well.  1102

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