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Claire's has filed for bankruptcy. The hub for ear piercings at malls across America is the latest retailer to succumb to its massive pile of debt.Claire's, which says it has pierced more than 100 million ears around the world, reached a restructuring agreement with its creditors. In a Chapter 11 bankruptcy filing on Monday, Claire's said it will reduce its by debt .9 billion. It held .1 billion in debt at the end of 2017.The company will continue to operate its approximately 1,600 Claire's and Icing brand stores in the United States during the bankruptcy process and expects to complete it by September. International stores are not part of the restructuring agreement."This transaction substantially reduces the debt on our balance sheet," Claire's CEO Ron Marshall said in a statement. "We will complete this process as a healthier, more profitable company." Marshall came from now-defunct bookstore chain Borders. Claire's struggles stem from a deal it struck more than a decade ago that left it burdened with debt.In 2007, Apollo Management, a private equity firm, bought Claire's for .1 billion and took the company private in what's known as a leveraged buyout.Claire's could never escape its debt load. As traffic slowed to its brick-and-mortar stores, shoppers moved to digital channels and fast fashion chains such as H&M, Zara and Forever 21 chipped away at sales.Claire's joins a long line of retailers that have filed for bankruptcy in recent years, including Toys "R" Us, Payless Shoes, Gymboree, Rue21, The Limited and RadioShack.Toys "R" Us, another company left deep in debt from a leveraged buyout, said last week that it was liquidating its 735 stores in the United States.Claire's believes a lighter balance sheet will help it avoid Toys "R" Us' fate and still remain a "Girl's Best Friend." And the company says its business is Amazon-proof because you can't pierce your ears online.The-CNN-Wire 1940

CORONADO, Calif. (KGTV) - A Coronado native is among the 12 people killed in the Thousand Oaks country bar shooting, according to California Lutheran University.Justin Meek, 23, was working as a bouncer at Borderline Bar and Grill when Ian David Long walked in and opened fire. Meek's sister, who was at the bar and survived, reported that Meek broke out windows to help survivors escape.Meek initially survived the shooting and was reported in critical condition before the university confirmed his death Thursday morning.RELATED: At least 13 dead in Thousand Oaks bar shootingFriends and family gathered for a vigil at Coronado’s Spreckels Park.“Justin is a great kid. Really sweet and full of life…big in music and a big part of the community,” a friend told 10News.According to the WayUp website, Meek was a recent graduate of California Lutheran University, an Eagle Scout, and a former City of Coronado and Coronado High School lifeguard. He also performed as Coronado High’s “Mr. Tiki” mascot before graduating in 2014."Our community is devastated to have lost one of our own to a senseless act of violence. We are here to support the Meek family and our community," said Coronado High School principal Shane Schmeichel.THOUSAND OAKS MASS SHOOTING: 1273

CLEARWATER, Fla. — The State Attorney's Office for Florida's Sixth Judicial District has reviewed the controversial 'stand your ground' case into the death of Markeis McGlockton and has decided to file a manslaughter charge.An arrest warrant was issued on Monday morning and Pinellas County detectives arrested Michael Drejka. He is being booked into the Pinellas County Jail and bond has been set at 0,000.McGlockton, 28, was shot and killed on July 19 by Drejka, 47, outside of a convenience store in Clearwater, Florida. The shooting stemmed from a dispute over a handicap parking spot between Drejka and McGlockton's girlfriend. Pinellas County Sheriff Bob Gualtieri said, "I support the State Attorney's decision and will have no further comment as the case continues to work its way through the criminal justice system."Drejka has a concealed carry license.Statement from Attorney Ben Crump in response to Michael Drejka being charged with manslaughter: 995

CLEVELAND, Ohio -- After Ohio Gov. Mike DeWine tested positive for COVID-19 earlier on Thursday, he announced on Twitter later on Thursday that he, his wife Fran, and his staff all tested negative. DeWine took a rapid test for COVID-19 as part of the standard protocol to greet President Donald Trump on the tarmac at Burke Lakefront Airport in Cleveland. DeWine’s office said the governor had no symptoms at the time. On Thursday afternoon in a news conference from his house, DeWine said that other than a headache, he was feeling fine. As part of the standard protocol to greet President Trump on the tarmac in Cleveland, I took a COVID test. I tested positive. I have no symptoms at this time. I’m following protocol and will quarantine at home for the next 14 days.— Mike DeWine (@MikeDeWine) August 6, 2020 Upon returning home, DeWine's staff tweeted he took a "PCR" test, which is considered more accurate for the virus. The test administered by the White House, DeWine's staff says, "represent a new technology to reduce the cost and improve the turnaround time for COVID-19 testing, but they are quite new.""The PCR test is known to be extremely sensitive, as well as specific, for the virus," DeWine's staff added. "The PCR tests for the Governor, First Lady, and staff were run twice. They came back negative the first time and came back negative when they were run on a second diagnostic platform."We feel confident in the results from Wexner Medical Center. This is the same PCR test that has been used over 1.6 million times in Ohio by hospitals and labs all over the state."DeWine's staff said he plans to take a follow-up test on Saturday to confirm he is negative for the virus.Lt. Gov. Jon Husted also took the COVID-19 test Thursday as part of the protocol to greet the president. He has tested negative, according to his office.This story was originally published by Kaylyn Hlavaty at WEWS. 1918

Conventions may at times seem like it's all about the confetti and speeches, but what Joe Biden and Kamala Harris want more than anything after this Democratic Convention is what's known as a "post-convention bounce." The phrase describes an increase in support in the polls immediately following a convention HISTORIC BOUNCESSince 1968, presidential campaigns have, on average, received a 5 percent increase in the polls following their conventions. Since 2004, convention bounces have been getting smaller, with the average being around 2 percent. WHY BIDEN MIGHT NOT GET A BIG BOUNCE"People have had a bit more time to evaluate the candidates already (and) maybe opinions are a little more locked," Professor Thomas Holbrook of the University of Wisconsin-Milwaukee said, commenting on the fact bounces have been tougher and tougher to get. Apart from recent history working against the Biden campaign, television ratings are down compared to four years ago. "There could be fewer persuadable voters," Holbrook added. There is also the fact President Donald Trump has his convention next week. WHAT THE CAMPAIGNS THINKBiden advisers aren't as concerned with the lower television ratings, saying more Americans are live streaming the convention on their laptops and cellphones than ever before. 1306