Ascena owns specialty retail brands Ann Taylor and Lane Bryant. The company plans to shut at least 1,200 stores as part of bankruptcy proceedings this week, according to a Bloomberg report. Under its Chapter 11 arrangement, Ascena would do away with around $700 million from its $1.1 billon debt load. Business Insider reports that Ascena's lenders will assume ownership of the company. The New Jersey-based company has been battling the consumer shift to online shopping for years.
Political operative and bagman for President Donald Trump, Roger Stone remains a convicted felon. He lied to Congress about foreign interference in the 2016 election and pressured a witness to do the same. Nevertheless, CNN reports Trump commuted Stone's 40-month sentence on Friday. Roger Stone has already suffered greatly. He was treated very unfairly, as were many others in this case.
U.S. President Donald Trump's planned executive order on immigration will not include amnesty for migrants who are in the United States illegally but arrived in the country as children, a White House spokesman said on Friday. Jillian Kitchener has more.
US President Donald Trump has commuted the sentence of his former adviser Roger Stone.The move came just days before Stone was due to report to prison to serve 40 months for crimes related to the Russia investigation.The White House confirmed the commuting of the sentence in a statement, saying Stone was a victim of the Russia “hoax”.
Credit: PA - Press Association STUDIO Duration: 00:44Published
[NFA] Robert Unanue, the CEO of the Hispanic staple food maker Goya Foods, praised President Donald Trump on Thursday at the White House which swiftly led to backlash on Twitter. Colette Luke has more.
Goya Foods CEO Robert Unanue recently praised President Donald Trump in a visit to the White House. The move angered shoppers. Prominent Hispanic American leaders called for a boycott of Goya products. On "Fox & Friends," Unanue said "it was good to talk to some friends," and he called the boycott movement "suppression of speech." President Trump is unpopular among Hispanic Americans. He's trailing Joe Biden by 36% among Latinos.
Bostonians will be treated to a socially distant summer kick-off concert at Fenway Park. According to CNN, Dropkick Murphys will perform for the Streaming Outta Fenway live event on Friday, May 29. The performance will be free and the band will be joined remotely by Bruce Springsteen. Springsteen will join Dropkick Murphys for a special "double play" of one of his songs and one of the Murphys songs.
The owner of a children's clothes shop in Hong Kong has refused a request from his landlord to remove a statue celebrating anti-government protests saying he wanted to teach children about democracy and he was not violating his lease agreement. Libby Hogan has more.
Members of the Tibetan community on Friday staged a protest against China outside the Chinese Consulate in New York. Demonstrators raised anti-China slogans and were seen waving the Indian and US flags. They were also seen holding a banner reading 'Global Movement to Boycott Made in China'. Last week, Indian American, Taiwanese Americans and Tibetans demonstrated against China at the iconic Times Square in New York. The protests come in the aftermath of the deadly border clash in the Himalayas that left 20 Indian soldiers dead and 76 injured. Despite the impact of coronavirus in New York, the demonstration saw dozens of Indian origin Americans standing in solidarity with members of the Tibetan community and Taiwanese Americans. Since the Galwan standoff between India and China, anti-China protests have broken out in several cities in the United States and scenes in New York looked no different as people were seen holding placards, raising the Indian and Tibetan national flags along with chanting pro-India and anti-china slogans.
To celebrate her daughter Kulture's second birthday, Cardi B went all out and got them matching gold anklets, watches, and rainbow Ugg slippers — because well, why not? As if that wasn't enough, the "Bodak Yellow" rapper also got a larger-than-life crystal manicure courtesy of her go-to nail girl Jenny Bui, whose salon, Nails on 7th in New York City, recently reopened with new safety and hygiene measures in place to protect customers.
Thomas Jefferson's direct descendant is calling for changing regarding his family's legacy. He wants the Washington, DC memorial dedicated to the third president to be taken down. Lucian K. Truscott IV wrote that Jefferson's memorial should be replaced with one to Harriet Tubman. "To see a 19-foot-tall bronze statue of a Black woman, who was a slave and also a patriot, in place of a white man who enslaved hundreds of men and women is not erasing history." Lucian K.
The Boston City Council unanimously approved an ordinance that will ban face tracking. This includes the purchase and use of facial recognition technology by city officials and police. Detroit police arrested and interrogated a man after facial recognition incorrectly identified him. Local bans on facial recognition, like this Boston ordinance, will undercut big tech efforts. It will stop facial recognition acceptance and reform at the federal level.
[NFA] Six former eBay Inc employees have been criminally charged with cyberstalking a Massachusetts couple who published an online newsletter viewed as critical of the e-commerce company, federal prosecutors in Boston said on Monday. This report produced by Chris Dignam.