JCPenney is closing 2 more stores for good

Facebook Scorned by Civil Rights Group After Zuckerberg Meeting

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A civil rights organization criticizedFacebook Inc. following a meeting with the company’s top executives Tuesday, claiming the company hasn’t taken seriously outside demands to better police its service from hate speech and misinformation.

“Facebook approached our meeting today like it was nothing more than a PR exercise,” Jessica González, co-chief executive officer of Free Press, a non-profit media advocacy group, said in a statement following the meeting. “I’m deeply disappointed that Facebook still refuses to hold itself accountable to its users, its advertisers and society at large.”

Facebook Chief Executive Officer Mark Zuckerberg and Chief Operating Officer Sheryl Sandberg met with a group of civil rights leaders who have organized a boycott of the company’s advertising products. The executives didn’t “commit to a timeline” to remove disinformation and hate speech, Gonzalez said, but instead “delivered the same old talking points to try to placate us without meeting our demands.”

Facebook didn’t immediately respond to a request for comment.

15th coronavirus victim in Saskatchewan was in their 20s

The Saskatchewan government reported a new death as it gave an update on coronavirus cases in the province on Tuesday.

$90K Bitcoin scam in Red Deer prevented by warning poster: RCMP

RCMP said a warning poster placed on a Bitcoin machine in Red Deer, Alta., may be the reason a $90,000 scam was thwarted.

On July 3, RCMP said it began an investigation into a phone scam where a victim received a call from a suspect pretending to be with both the CRA and the RCMP.

Calgary airport facing loss of $67M this year; asks for federal rent, loan relief

YYC Calgary International Airport says it’s facing losses of as much as $67 million this year due to the COVID-19 pandemic, and it’s hoping the federal government will step in to help.

US restricts visas on Chinese officials over Tibet

WASHINGTON (AFP) – The United States said on Tuesday (July 7) it was restricting visas to Chinese officials in response to impediments on Americans’ travel to Tibet.

Secretary of State Mike Pompeo said he was taking the action against an unspecified number of officials under a new US law that presses China to let US diplomats, journalists and tourists visit the Himalayan region.

Here's what happened to the stock market on Tuesday

The Dow slid 396.85 points, or 1.51%, to close at 25,890.18. The S&P 500 declined 1.08% to end the day at 3,145.32. The Nasdaq Composite fell 0.86% to 10,343.89. Stocks gave back some of the sharp gains from the previous session as a tech rally fizzled out and reopening names were under pressure.

Tech rally loses steam

Shares of the major tech companies closed well off their session highs, putting pressure on the major averages. Netflix closed around the flatline after hitting a record high along with Microsoft. Alphabet, Apple and Facebook also pared gains towards the end of the day.

Reopening trade falters

Names that would benefit from the economy recovering also fell on Tuesday. Carnival Corp dropped 6.66% and Delta Air Lines slid 5.03%. Retailers Gap and Nordstrom closed lower by 4.32% and 3.73%, respectively.

What happens next?

Weekly mortgage applications data and Bed Bath & Beyond earnings are set for release Wednesday.

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Alberta health-care advocates warn more private surgeries could drive up costs

One day after the Alberta government proposed a new bill that would accelerate approvals of private clinics in order to get more surgeries done, people in the health sector are reacting to how the process could affect health care across the province.

Two killed in collision between car and semi on Highway 1 near Revelstoke

Police say two men were killed when their car lost control on the Trans-Canada and swerved into an oncoming commercial truck and trailer. 

It happened on the weekend, but RCMP just released information on Tuesday. 

Edmonton’s Ruth B pens song in support of BLM movement

Ruth B.’s latest music video, in response to the Black Lives Matter movement, is drawing praise from fans across North America.

Alberta family sends out water warning after pet dies from suspected blue-green algae exposure

An Edmonton family is warning Albertans about blue-green algae after their beloved nine-year old Springer Spaniel died over the weekend.

Kaylee Moser said her parents dog, Daisy, quickly became ill after going in the water at Moose Lake near Bonnyville, Alta., and the family suspects blue-green algae is to blame.

JCPenney is closing 2 more stores for good

  • JCPenney has added two more stores to the list of locations it plans to close. 
  • Both stores are located in New York City.
  • The department store chain filed for Chapter 11 bankruptcy in May and later said it planned to close about 30% of its stores. 
  • Visit Business Insider's homepage for more stories.

JCPenney is closing an additional two stores, it disclosed in bankruptcy court filings on Tuesday. 

Both locations are in New York City. 

The new store closures are in addition to two previous rounds of shutterings. JCPenney announced it would close at least 136 stores on June 17 and 13 additional stores on June 22. Liquidation sales at most closing stores have begun. 

The location at New York's Manhattan Mall is permanently closed, while the store at Kings Plaza in Brooklyn will close on September 27. 

JCPenney filed for Chapter 11 bankruptcy protection on May 15 and later said that it expected to close about 30% of its 846 stores. 

Here are the stores' addresses: 

Kings Plaza, 5100 Kings Plaza, Ste 2201, Brooklyn, New York

Manhattan Mall, 100 W 32nd St, New York, New York