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A bankruptcy judge has approved the $5.2 billion sale of Sears to chairman Eddie Lampert’s hedge fund ESL Investments, saving the struggling store from liquidation, WSJ reports.
Why it matters: The purchase will effectively save 425 stores and 45,000 jobs. Sears has been given another life, but the reality is that the once-iconic retail chain stopped being relevant years ago.
Go deeper: The cannibal of Sears
President Trump was escorted out of a coronavirus press briefing by a Secret Service agent on Monday evening after law enforcement reportedly shot an armed suspect outside of the White House.
What's new: The 51-year-old suspect approached a uniformed Secret Service officer on the corner of 17th Street and Pennsylvania Avenue NW, near the White House, and said he had a weapon, the agency alleged in a statement late Monday. He "ran aggressively towards the officer, and in a drawing motion, withdrew the object from his clothing."
Belarus law enforcement officers guard a street during a protest on Monday night. Police in Minsk have fired rubber bullets for a second night against protesters. Photo: Natalia Fedosenko/TASS via Getty Image
Protesters and security forces have been clashing across Belarus overnight in a second night of protests that has left at least one person dead, hundreds injured and thousands arrested.
Why it matters: Sunday’s rigged presidential elections have yielded political uncertainty unlike any seen in Aleksander Lukashenko’s 26-year tenure. After claiming an implausible 80% of the vote, Lukashenko is using every tool in the authoritarian arsenal to maintain his grip on power.
Illustration: Annelise Capossela/Axios