Sears store closing down. Photo: Scott Olson/Getty Images

Sears Holdings is now set to close 78 stores by September — adding another 10 to its list — as it continues to evaluate the future of its brick and mortar locations, USA Today reports.

The big picture: The company says it has more than 100 unprofitable stores. Once one of the country's major retail giants, Sears has faced tremendous pressure thanks to the online retail boom led by Amazon. In May, the company announced it would be closing 72 Kmart stores and Sears stores — after it closed roughly 400 locations in 2017.

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Bryan Walsh, author of Future
17 mins ago - Science

The murder hornets are here

A braver man than me holds a speciment of the Asian giant hornet. Photo: Karen Ducey/Getty Images

Entomologists in Washington state on Thursday discovered the first Asian giant hornet nest in the U.S.

Why it matters: You may know this insect species by its nom de guerre: "the murder hornet." While the threat they pose to humans has been overstated, the invading hornets could decimate local honeybee populations if they establish themselves.

Biden is highest-spending political candidate on TV ads

Joe Biden. Photo: Sean Rayford/Getty Images

After spending an additional $45.2 million on political ads this week, former Vice President Joe Biden has become the highest-spending political candidate on TV ads ever, according to data from Advertising Analytics.

By the numbers: In total, the Biden campaign has spent $582.7 million on TV ads between 2019 and 2020, officially surpassing Michael Bloomberg's record spend of roughly $582 million. Biden's spend includes his primary and general election advertising.