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The bankruptcy filing allows Remington to stay in business while restructuring its massive debt. The company has been planning to reduce its debt by 0 million through the Chapter 11 process and contribute 5 million to its subsidiaries.Remington plans to keep on making guns. The company said, when it first announced its plan to file for bankruptcy in February, that operations "will not be disrupted by the restructuring process."Founded in 1816, Remington is one of the oldest and best-known gun makers in the world. It's owned by Cerberus Capital Management, which plans to shed ownership once the bankruptcy is complete.Remington is headquartered in North Carolina. It makes a variety of handguns, shotguns and rifles at its sprawling 19th-century factory in Ilion, N.Y.Its products include the Bushmaster AR-15-style rifle that was used in the 2012 mass shooting in Newtown, Connecticut. The company has been sued by family members of the Sandy Hook victims.An attorney from the law firm representing those family members said it does not expect the bankruptcy filing to affect its clients' case "in any material way."The company also settled a class action lawsuit a few years ago regarding allegations of defective rifles.The gun industry as a whole has suffered plunging sales and profits under the Trump administration, because consumers are no longer driven by fears of more restrictive gun control with a Republican in the White House who's been endorsed by the National Rifle AssociationAmerican Outdoor Brands, which owns the brand Smith & Wesson, reported dismal earnings earlier this month as did Sturm Ruger in February, and they've laid off hundreds of workers.  1702

Tax Day is now just two weeks away and the average return is about ,500. It’s tempting to just spend it, but before you do, here are some ideas to make the most of your money.Before you go crazy shopping or spending it on something extravagant, press the pause button. Think about all the things you could do with it, like pay off, or pay down, your debt to create financial freedom and create financial flexibility. 426

TAMPA, Fla. — Several areas of Tampa Bay are assessing the damage left behind from a squall of storms that produced tornadoes on both sides of Tampa Bay.At least three tornado warnings were issued by the National Weather Service on Wednesday in Pinellas, Hillsborough and Polk Counties.The NWS believes there were tornadoes in Pinellas Park, along the Howard Frankland Bridge and near Kathleen.The National Weather Service said at 4:08 p.m., a “confirmed large and extremely dangerous tornado” was located over the Howard Frankland Bridge, southwest of Tampa. It was moving northeast at 35 mph.Pinellas Park Police say at least 25 structures were damaged by the storm. The storm also left thousands of customers without power.There are 2,410 Duke customers without energy due to severe weatherThis article was written by Lisette Lopez for WFTS. 852

Stormy Daniels' attorney Michael Avenatti has filed a motion in federal court seeking to depose President Donald Trump and his lawyer Michael Cohen to ask about a 0,000 payout before the 2016 election.In the motion filed in federal court in California, Avenatti requested to depose both Trump and Cohen, who was added this week as a defendant in the lawsuit, for "no greater than two hours."The request also asked for "targeted requests for the production of documents directed to Mr. Trump and Mr. Cohen on various topics relating to the hush agreement." 566

Survivors of the deadly shooting rampage at a Parkland, Florida, high school are set to lead thousands Saturday in a March for Our Lives on Washington, delivering their impassioned pleas for stricter gun control law to the nation.PHOTOS: Students take part in 'March for our Lives' across the countryBuilding on the momentum of last week's National School Walkout, these members of a generation raised on gun violence have been rallying Americans around their cause while honoring the 17 students and faculty members killed on February 14 at Marjory Stoneman Douglas High School.The march starts at noon, with participants gathering on Pennsylvania Avenue near the US Capitol. 684