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  • iStock/Thinkstock(NEW YORK) -- The Dow Jones Industrial Average set an 11th straight record on Friday.The Dow jumped 11.44 (+0.05 percent) to finish at 20,821.76.The Nasdaq gained 9.80 (+0.17 percent) to close at 5,845.31, while the S&P 500 finished at 2,367.34, up 3.53 (+0.15 percent) from its open.Crude oil prices were nearly 1 percent lower; about $54 a barrel.Winners and Losers: Nordstrom shares climbed 6 percent after reporting earnings that beat forecasts, despite President Trump's recent criticism of the department store.J.C. Penney announced it will close 130-140 of its stores over the next few months, causing shares to tumble 6 percent.Foot Locker soared 9 percent after the athletic-shoe retailer's fiscal fourth-quarter profit beat investors' expectations.
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  • ABC News(DALTON, Ga.) -- When Wanda Nations lost her sentimental decades-old engagement ring in the parking lot of a restaurant on Feb. 9, she said she had little hope of ever finding it again.“It was cool that night, very cool, and my ring I suppose was slipping down on my finger,” Nations, of Dalton, Georgia, told ABC News. “I’ve also lost about 30 pounds, so I knew it was loose, but it didn’t feel that loose.”After she and her husband, Pete, searched the entire Western Sizzlin’ restaurant and parking lot in the dark with a flashlight to no avail, Nations attempted a last-ditch effort to locate the heirloom ring by calling to place a plea in the comments section of her local paper, The Daily Citizen.Typically a forum for residents to place rants and raves about everything from politics to sports and even pothole complaints, it’s not every day a comment includes a heartfelt request to help locate lost, 62-year-old diamonds.“I lost my wedding ring, possibly inside or outside of the Western Sizzlin' steakhouse on Legion Drive next to Lowe’s," Nations said in her voicemail to be published in the “Today’s Forum” section of the paper. "It has a wide band with a cluster of small diamonds on the top. It has great sentimental value. The band is 37-plus-years-old and the cluster is 62-plus-years-old. If found, please, please turn it into Western Sizzlin' and leave where you can be reached and you will be given a reward.”A man named Rodney McConkey had eaten at the restaurant the very same night as the Nations, and as he and his son Chris, who happens to be the IT director at The Daily Citizen, were walking to their car, Rodney “saw a sparkle” on the ground. It was Nations' beloved ring.“You ladies say that us men stand and run our mouths, but if I hadn’t been doing that I wouldn’t have seen it,” McConkey said with a laugh. “My son and I were just getting done with supper and we walked out and we stopped there to talk to each other for just a few minutes and I happened to look down and there it was and I thought, ‘Oh, my goodness.’ I saw it sparkling and I just reached down and put it in my pocket to look at it when I got home.”At the time, McConkey had no idea how to go about locating the owner so he held onto the jewelry for safe keeping.“I’ve been burned on other things that I’ve found and put in the paper for people to claim,” he explained. “Other people show up and get it and then the right people never do receive their merchandise back. And this thing had so much sentimental value to it.”But the moment McConkey, an avid reader of his son’s publication, saw the anonymous comment in the paper the following week looking for a ring that sounded exactly like the one he’d found, he knew just what to do. He called his son Chris to show him the ring and ask for help locating the woman who left the sorrowful voicemail.“The fella went back on their computer and looked through all their calls and he found me,” Nations, 82, said of Chris’ efforts. “And then Chris called me and made the appointment to come down there to the newspaper office to meet his dad.”“She teared up as soon as she saw it. It was beautiful,” McConkey recalled. “And lucky enough, on the day we found her, that was mine and my wife’s anniversary too. It was wild. Everything just fell together.”Nations is also in awe of the random string of incidents that helped lead it home.“We wouldn’t have found it without the help of the newspaper. They were very, very courteous about it and everything just fell into place,” she said. “We’re just really happy to have it back.”She who now wears a ring guard to keep it in place, and is over the moon she’ll still be able to pass the cherished ring down
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  • Noam Galai/Getty Images(PLANO, Texas) -- While JCPenney did well during this past holiday season, posting its first quarterly profit in six years, the company has decided to close about 13 percent of its stores in an effort to sustain profitability and compete against online retailers."In 2016, we achieved our $1 billion EBITDA target and delivered a net profit for the first time since 2010; however, we believe we must take aggressive action to better align our retail operations for sustainable growth," JCPenney CEO Marvin Ellison said in a statement Friday.This "aggressive action" includes closing two distribution facilities and 130 to 140 stores over the next couple of months."Our decision to close stores will allow us to raise the overall brand standard of the Company and allocate capital more efficiently," Ellison explained.He added, "We believe closing stores will also allow us to adjust our business to effectively compete against the growing threat of online retailers."In anticipation of the store closures, JCPenney is offering early retirement packages to thousands of its employees."We understand that closing stores will impact the lives of many hard working associates, which is why we have decided to initiate a voluntary early retirement program for approximately 6,000 eligible associates," Ellison said. "By coordinating the timing of these two events, we can expect to see a net increase in hiring as the number of full-time associates expected to take advantage of the early retirement incentive will far exceed the number of full-time positions affected by the store closures."The company said affected workers will receive separation benefits, which include help finding other employment opportunities as well as assistance in writing resumes and preparing for interviews.
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  • iStock/Thinkstock(NEWARK, N.J.) -- A New Jersey woman was rendered speechless when she was told she had won $2 million in Wednesday’s Powerball jackpot -- and her stunned reaction was captured on video.Jessica Macarone learned of her lottery win in front of reporters at the News Day newsstand in Newark, New Jersey, where she purchased the Powerball ticket. Macarone returned to the newsstand on Thursday to check her numbers.“Are you kidding me? You’re kidding me,” Macarone, of South Bound Brook, New Jersey, said in front of cameras, before high-fiving and hugging a nearby companion. “This is real?”Macarone, an attorney who works near the newsstand, discovered she matched five numbers but not the Powerball in Wednesday’s drawing for the $435.3 million jackpot. Macarone’s decision to purchase the $1 Power Play option doubled her winnings from $1 million to $2 million.New Jersey Lottery officials confirmed in a statement Thursday that a winning ticket was purchased at the News Day newsstand. The $2 million winning ticket has not yet been brought into the lottery's headquarters, a New Jersey Lottery spokeswoman told ABC News Friday.The winning ticket for Wednesday's Powerball drawing, worth an estimated $435.3 million, was sold in Indiana, the Hoosier Lottery confirmed Thursday morning. Powerball is played in 44 states, plus Washington, D.C., Puerto Rico and the U.S. Virgin Islands.“When the jackpot gets big, I buy a ticket with the Power Play,” Macarone said, according to ABC's New York station WABC-TV. “I think once before I’ve won a few hundred dollars.”She noted the significance of her win. “This was a really rough year. I lost my dad and my uncle and my mom is having a hard time," she said.Macarone said she had no immediate plans for the money, explaining, “I can’t even speak right now."“You don’t think you’re going to win anything,” she said.
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  • U.S. Consumer Product Safety Commission(WASHINGTON) -- Little Tikes is recalling approximately 540,000 toddler swings over a faulty seat that can crack or break, posing a fall hazard.The recall affects 2-in-1 Snug’n Secure pink toddler swings that were sold at stores nationwide and online between November 2009 and May 2014.According to Little Tikes: "The model number 615573 is molded on the back of the swing seat and there is a manufacturing date code stamp on the back of the seat. The molded INNER arrow of the date code stamp points to '10', '11', '12' or '13', it is included in the recall.  In addition, swings with a date code stamp of '9' on the INNER arrow combined with '43' or higher number stamped on the OUTER are included in this recall."The company says no other date codes or colored swings are included in the recall.So far, Little Tikes is aware of approximately 140 reports of swings breaking. Those claims include 39 injuries to children, two of which resulted in a broken arm.Customers impacted by the recall are asked to stop using the swings immediately and are eligible to receive a credit towards the purchase of another Little Tikes product.
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  • iStock/Thinkstock(NEW YORK) -- Wall Street closed mostly higher on Thursday as the Dow posted its tenth straight record close.The Dow gained 34.72 (+0.17 percent) to finish at 20,810.32.The Nasdaq lost 25.12 (-0.43 percent) to close at 5,835.51, while the S&P 500 finished at 2,363.81, up 0.99 (+0.04 percent) from its open.Crude oil prices were 1.44 percent higher, hitting just over $54 a barrel.Copyright © 2017, ABC Radio. All rights reserved.
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