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JCPenney is in serious trouble. There's no sugarcoating it.The department store chain, famous for its Christmas catalogs, is losing money — and customers. It has a lot of debt. And not much cash.A dismal earnings report on Thursday only reinforced that time is running out. JCPenney reported an adjusted loss of million in the first quarter, even worse than Wall Street was expecting, and lowered its projections for the year. Sales fell 4 percent, also missing estimates.Much like floundering rival Sears, JCPenney is struggling to adapt to the changing retail landscape as people increasingly shop on their phones. 628
KANSAS CITY, Mo. — The House Special Investigative Committee on Oversight released its report Wednesday on allegations against Missouri Gov. Eric Greitens. Click here to read the full report The committee was formed after Greitens was indicted on a felony invasion of privacy charge. Court documents allege Greitens took a nude photograph of a woman he was having an affair with in 2015 and then transmitted the photo so it could be seen on a computer.In a news conference Wednesday after the release of the report, Missouri Speaker of the House Todd Richardson told reporters that the committee investigating Greitens plans to expand its mission and make a recommendation on whether the house should pursue impeachment.The report details testimony the woman at the heart of the invasion of privacy charge provided to the committee.In the testimony, the woman told the committee she and Greitens first met in 2013 at her hair salon, but it wasn’t until March 2015 where the relationship turned romantic.The woman, who said she had “somewhat of a crush” on Greitens, said that on a March 7, 2015, appointment, Greitens moved his hand up her leg and “all the way up to her crotch.” The woman told the committee she did not give her consent.Nearly two weeks later on March 21, a Saturday, the woman went to Greitens’s home at 7 a.m.“It was like he was on a mission, sort of, like this kind of high energy – it was kind of high energy,” the woman told the committee. “And he said, ‘Will you let me take you through an exercise – like, through a workout? I just have this idea. It’s going to make you feel so good.’”The woman said that she hoped to learn more about his feelings toward her.Greitens then allegedly had the woman change into a man’s T-shirt and men’s pajama pants and told her that he would show her how to do a proper pull-up.The woman told the committee that she figured it was going to be a “sexy workout.”Upon entering the basement, the woman testified that Greitens taped her hands to pull-up rings with “this gauzed tape stuff” and then put a blindfold on her. After an exchange, the woman said Greitens tore her shirt apart, exposing her, and then pulled down her pants, both without her consent.At that point, the woman told investigators, “Then I hear him kind of, like, step back – take a step back and I hear – I can hear like a, like a cell phone – like a picture, and I can see a flash through the blindfold.”The report includes a reference to a filing made by Greitens’s defense attorneys on April 9, 2018, pointing out in testimony that she had never seen the governor with the phone.When asked by an assistant circuit attorney during the April testimony, the woman provided the following account:“I haven’t talked about it because I don’t know if it’s because I’m remembering it through a dream or I – I’m not sure, but yes, I feel like I saw it after that happened, but I haven’t spoken about it because of that.”In returning to the committee’s interview with the woman, the report said the woman said Greitens then threatened her:“You’re not going to mention my name. Don’t even mention my name to anybody at all, because if you do, I’m going to take these pictures, and I’m going to put them everywhere I can. They are going to be everywhere, and then everyone will know what a little w**** you are.”The woman said she then told Greitens she wanted to be untied and he helped her remove the tape. She eventually left his home and returned to work. She did have to return later because she forgot her keys.She claims she confronted Greitens about the photo and he claimed he felt bad about taking it so he deleted it but the woman said she didn’t believe him. The woman then describes several other encounters with Greitens over the next few months, including two where he slapped her. In one incident in June 2015, the woman said Greitens struck her in the face after she admitted to sleeping with her husband. She said it didn’t feel like he was trying to intentionally hurt her but that he was trying to “claim” her.She also describes another incident where she agreed to meet Greitens in a parking lot to talk. She claims Greitens had informed her that someone emailed his wife about their affair. He then allegedly created a story to explain her presence in his neighborhood during their encounters. At this point, she said she told Greitens she didn’t want to see him again.She said Greitens did later return to her workplace in October 2015 and assured her that his wife “doesn’t think anything.” The woman said she emailed Greitens that night and said “Please think of everyone involved and just leave me alone. Don’t come in at all.” She said she never saw him again after that.The report states that Greitens declined to testify but said through counsel that he would be willing to testify at the conclusion of the criminal trial. He also declined to provide documents or anything else the committee requested.Ahead of the report's release, Greitens?said in a statement to the media he expects it "will include lies and falsehoods." He echoed that in another statement after the report's release and denied any allegations of violence: 5221

JULIAN, Calif. (KGTV) - Community leaders in Julian plan to turn a vacant lot into a Town Square, creating a new focal point for the city."I hope it becomes the center of our town," says Kim Simas, the Treasurer of the Julian Community Heritage Foundation.They're working to raise money for the project, which they think will cost around million. So far, donations have brought in close to 0,000."We would love it to be the heart of the town where people come together to congregate," says JCHF member Rami Abdel.Plans show a small, 2-acre park with a stage, amphitheater-style seating, a water tower, benches, and trees.The square would be at the intersection of Main and Washington Street. Right now, the lot is vacant, covered with weeds and surrounded by a dilapidated fence."It's a bit of an eyesore," says Simas.In the past, the lot had been the home of the community market. It was also a Chevron gas station.That gas station was found to be leaking gasoline into the community water supply in the 1980s and was subsequently shut down.Just a few years ago, the County cleared the site for development. A family in San Clemente owns the lot, and members of the Foundation say they're ready to sell it and support the idea of building a Town Square on the parcel."It's a space I think we can do more with," says Abdel. "It's a space that can benefit the community in so many ways."The Foundation hopes a new town square will serve as a meeting place for community events. They also hope it will encourage tourists to spend more time in Julian."They're going to come up here for the apple picking. They're going to come up here for the pies and the snow. This gives them another area to relax and enjoy the space rather than getting in their car and leaving," says Simas.The project already has the support of the County Board of Supervisors. Organizers hope the board will award the project money from the Park Land Dedication Ordinance. The Julian Planning Group and the Julian Architectural Review Board have also approved the project.Now, the Foundation hopes community members and tourists will chip in to cover the rest of the cost.They've set up a GoFundMe page for donation. They also have a link to donate on their website, juliantownsquare.com. 2272
Judge Amy Coney Barrett's Supreme Court confirmation hearing was beset by technical issues on Wednesday afternoon, as the Senate Judiciary Committee was forced to take two recesses when microphones in the room went dead.The issues began at 2 p.m. ET, about five hours into day two of questioning. Sen. Richard Blumenthal, D-Connecticut, was in the process of beginning his 20 minute period of questioning went microphones stopped working.The committee went into recess for about half an hour as Capitol maintenance workers attempted to fix the issue. Upon returning, Blumenthal was able to get through most of his questioning session before microphones in the room cut out again.The committee was forced to take another 15-minute recess to address the technical issue.It's currently unclear as to what caused the issue. 827
Just over 1 million people filed new jobless claims last week, according to the U.S. Department of Labor’s latest report released Thursday. Another 14.5 million people filed continuing claims, leaving unemployment in the U.S. still startlingly high.Amid high unemployment across the country, a new report is showing executive compensation is growing as CEOs continue to cut millions of jobs.“We find that a CEO now earns about 320 times that of a typical worker in their main industry,” said Lawrence Mishel, a labor economist and distinguished fellow at the Economic Policy Institute, an independent think tank in Washington D.C.Mishel just authored a report analyzing CEO compensation. That report shows how in March and April when some CEOs were reported to have cut their salaries during the economic downturn, it wasn’t as big of a sacrifice as it seemed.“Salaries make up about 5 percent of CEO compensation packages,” explained Mishel. “And it seems like when CEOs say they are making a sacrifice, it’s really, I think, is better for press releases than in that they are actually going to take a cut in their standard of living.”The report shows how CEO compensation growth is affecting workers everywhere.“If you look at CEO compensation since, back over the last four decades since 1978, CEO compensation grew 1,167 percent,” said Mishel. “The compensation of a typical worker grew 13 to 14 percent over that period.”The report shows CEO compensation increased by 14 percent just last year and is set to continue to go up this year, even in a recession with companies having to let go of millions of workers.“The wages of the vast majority, the bottom 90 percent, has grown only half as fast as it otherwise would have had the top 1 percent not really expanded like it did,” Mishel explained.Essentially the “profit pie” has not grown proportionate to CEO compensation growth. So, as CEOs are getting significantly higher compensation, it is taking from the pay other workers.“I think this is a problem of corporate governance and our tax policies, and it needs to be addressed,” said Mishel.Proposed solutions include capping CEO compensation and taxing anything above the cap. EPI also suggests allowing shareholders and company workers to directly have a say in their CEOs' pay. However, both solutions are as controversial as the problem. 2359
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