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Sears is getting serious about selling Kenmore.The struggling retailer announced Monday that it had formed a "special committee" to explore the sale of its in-house appliance brand.The move comes less than a month after Sears CEO Eddie Lampert wrote a letter to the board urging it to sell the brand. He offered to buy it himself if necessary, along with other assets.There is a good chance that Lampert will be the one buying Kenmore.Through his hedge fund, ESL Investments, Lampert owns a majority of shares in Sears Holding, the company that owns the Sears and Kmart chains.Sears has been exploring a possible sale of Kenmore and other assets for a number of years but never found a buyer. But this week it escalated its efforts by forming the "special committee," retaining counsel and bringing on an investment bank.The announcement was enough to briefly lift Sears shares 19% in early trading Monday, before they retreated to more modest gains of about 6%.Shares are still near historic lows. The retailer has admitted "substantial doubts" exist that it will be able to remain in business.Lampert has insisted that the company is on a path to return to profitability. But it is in need of cash and has been closing stores, cutting costs and getting creditors to agree to a longer repayment schedule on its debt. Because of that delayed repayment schedule, Sears was judged to be in default of some of its loans earlier this year.In early 2017 Sears sold its Craftsman tool brand to Stanley Black & Decker in a deal valued at 0 million. The Craftsman tools went on sale at rival Lowe's for the first time Monday.The board says it is looking at selling other assets, including its parts business and home services businesses, both of which Lampert has expressed interest in buying. 1806
SANTEE, Calif. (KGTV) — An elderly, disabled man has died after his East County mobile home caught fire.The man, who authorities say had trouble getting around, called first responders to the fire at 8301 Mission Gorge Rd. around 1 a.m. Saturday, according to San Diego Sheriff's Department bomb and arson unit.Deputies arrived but thick smoke prevents them from immediately entering the building and had to wait for fire crews.The man was later found dead inside. His identity has not been released.It's not yet clear how the fire started but investigators believe it began in the back of the home.Nearby mobile homes were evacuated for a short time before residents were allowed to return. 714

Security lines and close human interaction at airports could one day be a thing of the past.With the travel industry determined to get people flying again, experts say the motivation to innovate is in overdrive.Airports have a way of fueling anxiety; one misstep can send even the most seasoned travelers into new heights of annoyance.So, could it ever be an experience we actually look forward to? The airport industry certainly hopes so.Justin Erbaci, the CEO of Los Angeles World Airports, says the innovations that land in your airport are usually tested at LAX first.“We’re using this as a platform to push forward a lot of things we wanted to push through, but there wasn’t the interest or the buy-in from government agencies or the industry, or the willingness to invest in these types of solutions,” Erbaci explained.Now, the industry is hearing customer complaints loud and clear, looking to revolutionize the airport experience.“That’s the goal for us, is to allow people to come through the airport and not have to see anyone and be able to serve themselves throughout the whole process,” he said.The first leg of your next airport experience could include the following:A touchless kiosk you can operate with your smartphone to check-in to your flightChecking luggage? This self-service system takes your bags without the need for an agent“A lot of things that are standard today seemed crazy when we first heard about them,” Erbaci said.As far as security goes, long lines leading to a TSA agent could also go away. Instead, passengers could be screened with biometric facial recognition technology.It’s already a reality at Dubai International’s smart tunnel, which the government says gets travelers through passport control in 15 seconds.LAX has tested this technology with passengers boarding flights, so they don't have to pull out their boarding pass."Through surveys, we’ve done over the years…seen people are willing to consent to give up identity aspects to get through the process faster,” Erbaci said.And carry-on bags could be screened using remotely-operated X-ray machines.While a completely self-service experience is likely several years away, changes are being implemented now to improve TSA screenings.“We have new technology that has been rolled out at dozens of airports across the country that allows the traveler to insert their ID or scan their own passport,” said TSA spokesperson Lorie Dankers.Dankers says the agency is looking at innovations being used around the world.“They test to make sure they don’t compromise security in the airport environment,” she explained. “We look to those cutting-edge technologies to make sure we are on the forefront of that.“We can’t think we’re going to be able to recover from an unprecedented situation by using old methods and means. We have to change.” 2839
SAN FRANCISCO (AP) — The University of California has accepted a record number of freshmen and transfer students that includes the most ever from California for the 2019-20 academic year.The university system said Monday its nine undergraduate campuses accepted 71,655 California freshmen and 26,700 students who will transfer from California community colleges. That's more than 3,200 California students than last year.UC schools have been under pressure to accept California residents so they can have a cheaper way to complete a four-year degree at the state's top public universities.Nearly 218,000 prospective undergraduates applied for at least one UC school for fall 2019 during the application period that ended Nov. 30, according to figures released by the university system. They include about 177,000 applications to become freshmen. 853
SANTA BARBARA, Calif. (KGTV) -- A fast-moving fire broke out in the mountains near Santa Barbara late Monday afternoon. According to KEYT, the blaze, named the Cave Fire, sparked around 4:15 p.m. along Highway 154 and East Camino Cielo. By 5 p.m., the fire had burned 15 acres. That number quickly grew to 2,500 acres by 7:54 p.m., The Tribune reports. RELATED: San Diegans urged to prepare for wildfiresResources from Venture County are being sent to help fight the flames, including 10 engines and two strike teams. The blaze also forced evacuations in surrounding communities. Click here for the latest information on evacuations. 642
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