Sears Holdings Corp, once the largest U.S. retailer, warned on Tuesday, March 21, about its ability to continue as a going concern after years of losses and declining sales. "Our historical operating results indicate substantial doubt exists related to the company's ability to continue as a going concern," Sears said in its annual report for the fiscal year ended Jan. 28.
LOS ANGELES - "Sesame Street" will welcome a new Muppet to its TV family on April 10 with a special episode designed to introduce viewers to four-year-old Julia, a character with autism. The "Meet Julia" episode will premiere simultaneously on HBO and PBS Kids. The long-running PBS franchise shifted to HBO for first-run airings early last year, with episodes repeating on PBS a few months later.
BANGKOK - Thai veterinarians on Monday removed 915 coins from a 25-year-old sea turtle which had been swallowing items thrown into her pool for good luck, eventually limiting her ability to swim. The coins and other objects removed from the turtle named Omsin - piggy bank in Thai - weighed 11 lb. The turtle itself weighed 130 lb. The green sea turtle, living at a conservation center in Sriracha, Chonburi, east of the Thai capital of Bangkok, had been finding it hard to swim normally because of the weight.
CHICAGO - McDonald's Corp. on Wednesday, March 1, announced a push to embrace apps aimed at speeding up service at drive-thrus, which account for about 70 percent of its U.S. business, as the fast-food chain looks to woo back diners.
CANNON BALL, N.D. - Opponents of the Dakota Access Pipeline who were pushed out of their protest camp this week have vowed to keep up efforts to stop the multibillion-dollar project and take the fight to other pipelines as well. The Oceti Sakowin camp in Cannon Ball was cleared by law enforcement on Thursday, Feb. 23, and almost 50 people, many of them Native Americans and environmental activists, were arrested.
LOS ANGELES—Prince and George Michael will be honored at the Grammy Awards tonight (Sunday, Feb. 12), with separate tributes, but organizers have not indicated which musicians will perform them. Recording Academy President Neil Portnow said "Purple Rain" singer Prince, and British star Michael, who both died suddenly in 2016, were "pop icons who showcased rare musical genius and otherworldly charisma."
WASHINGTON — President Donald Trump plans to sign two executive actions on Tuesday, Jan. 24, to advance construction of the Keystone XL and Dakota Access pipelines, an administration official told Reuters. The move comes after months-long protests by environmentalists and Native American groups in North Dakota against Energy Transfer Partners LP's $3.8 billion Dakota Access pipeline, which would bring crude oil from the state's Bakken oil patch through the Midwest and into the U.S. Gulf Coast. A company spokeswoman could not immediately be reached for comment.
WASHINGTON - President-elect Donald Trump supports the construction of a pipeline in North Dakota, his spokesman said on Monday, Dec. 5, when asked about the government's ruling against the controversial project. "With regard to the Dakota Access Pipeline, that's something that we support construction of and we'll review the full situation when we're in the White House and make the appropriate determination at that time," Trump spokesman Jason Miller said at a transition team news briefing.
Spanking and hitting children to discipline them has become much less common in recent decades as more parents choose non-physical approaches like "time-outs" instead, a U.S. study suggests. Since 1988, the proportion of middle-income mothers who think physical punishment is appropriate has dropped from 46 percent to 21 percent, the study found. Over that same time, the share of mothers endorsing time-outs surged from 41 percent to 81 percent.
WASHINGTON—The election of Donald Trump as president has done nothing to change the Federal Reserve's plans for a rate increase "relatively soon," Fed Chair Janet Yellen said on Thursday, Nov. 17, in Congressional testimony that included a pledge to serve out her term.