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By Reshmi Basu | Bloomberg Big Lots does not expect to complete a planned sale of its business to private equity firm Nexus Capital Management LP, putting the discount retailer that employs more than 27,000 people at risk of liquidation. The company said it continues to work toward completing an alternative transaction with Nexus or another party, and aims to complete that by early January, it said in a release. A valuation appraisal of the bankrupt company’s inventory came in lower than expected, which threatened the economics of the sale of the chain to Nexus, Bloomberg reported earlier on Thursday.…

By AMY TAXIN and SOPHIA TAREENLOS ANGELES (AP) — Winston Leiva rattles off a long list of things immigrants should do to protect themselves against President-elect Donald Trump’s promise to conduct mass deportations when he returns to the White House.Make a plan for someone to care for your children if you are arrested. Don’t open the door unless authorities slip a signed judicial warrant under it. And above all, exercise your right to remain silent.“We already know this administration,” Leiva told participants of a bilingual workshop in Los Angeles for immigrants who want to stay in the United States. “The…

Sen. Mitt Romney (R-Utah) became the first, and for a time, the only senator in U.S. history to vote to convict an impeached president of his own party. That vote followed the first impeachment of President Donald Trump over the allegation that he solicited Ukraine to interfere in the 2020 presidential election.Romney also voted to convict Trump after the president’s second impeachment over his alleged incitement of an insurrection on Jan. 6, 2021. This time, Romney joined six other Republican senators.During the 2016 presidential primary, Romney, the 2012 Republican presidential nominee, in a speech eviscerated Trump’s character and predicted economic…

By David Bauder | The Associated Press Neil Cavuto, a business journalist who hosts a weekday afternoon show on Fox News Channel and has been with the network since its inception in 1996, is leaving after Thursday’s show, Fox said. A workhorse at the network, Cavuto also hosts programs at Fox’s sister, the Fox Business Network, and is not considered one of the stable of opinion hosts. “Neil Cavuto’s illustrious career has been a master class in journalism, and we’re extremely proud of his incredible 28-year run with Fox News Media,” the network said. “His programs have defined business news…

The Department of Government Efficiency has made a promise: It will go after regulations that slow growth, obstruct innovators and cost American households thousands of dollars each year. Here’s hoping for success.The burden of excessive regulation is hard to measure. We know, for instance, that the Code of Federal Regulations is over 188,000 pages long, guaranteeing that citizens can never really be sure they comply with every regulation.While the stated intent of many rules is to protect the public interest — be it the environment, safety or market fairness — the unintended consequences are often staggering. Regulations frequently impose costs…

Los Angeles Deputy Mayor of Public Safety Brian Williams was placed on administrative leave following an investigation into a bomb threat he allegedly made against City Hall earlier this year, Mayor Karen Bass‘ office announced on Wednesday, Dec. 1. The Mayor’s Office was notified that the FBI searched Williams’ home Tuesday as part of their investigation, according to a statement from the office. “The mayor takes this matter very seriously,” Deputy Mayor of Communications Zach Seidl said in a statement. “When the threat was reported, LAPD investigated and determined there was no immediate danger. Following additional investigation, LAPD referred this…

There’s finally some good news in the horror of deaths from fentanyl overdoses in California, which have taken the lives of so many of our friends and family members.A new analysis by the Center for Disease Control, based on provisional data as of Dec. 1, found overdose deaths for the 12-month period ending in July 2024 dropped 14% from a year earlier. In California, about 59% of overdose deaths are from fentanyl, a synthetic opioid of high potency commonly mixed with other drugs.California fatalities remained high at 11,145. But this was the first downturn since overdose deaths began rising in…

INGLEWOOD — On Wednesday night, UNLV beat Cal, 24-13, in the 2024 Art of Sports LA Bowl at SoFi Stadium for its first bowl victory since 2000. Here are some of the sights and sounds from the game. Key plays Cal and UNLV showcased tough defenses and offensive creativity throughout the game. UNLV converted one of the most impressive fake punts this season in a key turning point early. On fourth and 7, the Rebels lined up for a seemingly routine punt with 13:52 remaining in the second quarter. Punter Marshall Nichols dropped down, and instead of kicking the ball,…

CHARGERS (8-6) vs. BRONCOS (9-5) When: Thursday, 5:15 p.m. Where: SoFi Stadium TV/Radio: FOX (Ch. 11)/Prime Video; 98.7 FM; 105.5 FM/94.3 FM (Spanish) Line: Chargers by 3 points Notable injury designations Chargers: OUT: TE Will Dissly (shoulder), CB Cam Hart (concussion). DOUBTFUL: DB Elijah Molden (knee). QUESTIONABLE: TE Hayden Hurst (hip), LG Zion Johnson (ankle), DL Otito Ogbonnia (pelvis), LB Denzel Perryman (groin). Broncos: OUT: RB Jaleel McLaughlin (quadriceps), CB Riley Moss (knee). What’s at stake: A victory for the Chargers over the Broncos would give them the head-to-head tiebreaker and put them on a better path to finishing second…

The California Baptist University men’s wrestling team made sure West Virginia knows what it means to ‘Lance Up’.Two months after CBU’s men’s soccer team narrowly lost 3-2 to then No. 1-ranked West Virginia in Riverside, the Lancers wrestlers handed the currently nationally-ranked Mountaineers their first loss of the season in New Cumberland, W.V.“This Lancer team came to fight,” CBU head coach Derek Moore said. “They did not give up anything easy and wore out their opponents.”True freshman Richard Murillo earned a surprising pin, and Elijah Griffin defeated two-time NCAA qualifier Jordan Titus as CBU came from behind to beat No.…