Cameroon: Imprisoned journalist’s case referred to UN special rapporteur on right to health

first_imgRSF’s appeal to the special rapporteur comes just days before Amadou Vamoulké is due to appear before Cameroon’s Special Criminal Tribunal on 26 May for the 30th hearing in his drawn-out trial on a charge of misusing public funds for the benefit of the state-owned radio and TV broadcaster he used to run. News May 19, 2021 Find out more to go further April 23, 2021 Find out more Case against Amadou Vamoulké baseless, French lawyers tell Cameroon court News Follow the news on Cameroon CameroonAfrica Condemning abusesProtecting journalists Covid19Imprisoned Receive email alerts Following an Amnesty International report about coronavirus cases in Cameroon’s Kondengui prison, Reporters Without Borders (RSF) has asked the UN special rapporteur on the right to health to urgently seek the release of Amadou Vamoulké, a journalist held in this prison who is very vulnerable because he is 70 and in poor health. Cameroonian reporter jailed since August, abandoned by justice system President Biya was one the ten African leaders to whom RSF and 80 other human rights and press freedom organizations wrote on 6 April asking them to immediately release the arbitrarily detained journalists in their prisons because they are routinely denied proper medical care and because medical isolation is not possible. Help by sharing this information Amnesty International also reported that the number of detainees in Kondengui prison currently stands at 432% of the inmate population for which it is designed, despite releases ordered by President Paul Biya on 15 April to reduce overcrowding in the country’s prisons. Valmoulké was not one of the detainees to benefit from the presidential measure although he has been held for nearly four years for an alleged economic crime for which the state has yet to find the evidence on which to convict him.“The Cameroonian authorities cannot continue to expose one of their leading journalists to the possible of dying in prison,” said Arnaud Froger, the head of RSF’s Africa desk. “During a visit to Yaoundé in November, we drew the justice ministry’s attention to the fact that Amadou Vamoulké is not getting appropriate medical care although two medical reports say he needs medevacking. Since then, he has spent his 70th birthday behind bars and at least one case of coronavirus has been identified in his prison, which makes him especially vulnerable. This case’s humanitarian dimension and his right to health should prevail over every other consideration.” May 22, 2020 Cameroon: Imprisoned journalist’s case referred to UN special rapporteur on right to health Organisation A week later, RSF addressed a formal written request to the UN special rapporteur on the right to health, the Lithuanian Dainius Pūras, and the UN special rapporteur on the right to freedom of opinion and expression, the American David Kaye, asking them to condemn governments that have violated the right to information in connection with the coronavirus epidemic. RSF_en CameroonAfrica Condemning abusesProtecting journalists Covid19Imprisoned May 31, 2021 Find out more Amadou Vamoulké, former director general of CRTV imprisoned in Yaoundé since 29 July 2016. Photo: CIRLAV Cameroonian journalist Paul Chouta sentenced and fined in defamation case News News Cameroon is ranked 134th out of 180 countries and territories in RSF’s 2020 World Press Freedom Index, three places lower than in 2019. According to an Amnesty International report published earlier this month, at least one detainee has tested positive to Covid-19 in Kondengui prison, located in the capital, Yaoundé, and several other suspected cases have been identified. The report also said that two prisoners died shortly after being released in circumstances suggesting they were infected, and one was buried in his family’s absence.last_img read more

Preparing for Another Economic Downturn

first_img Servicers Navigate the Post-Pandemic World 2 days ago Tagged with: Downturn Economy Forbearance Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Previous: White Paper: Self-Governance Critical for PLS Industry Next: The Industry Pulse: Mortgage Leaders Donate for COVID-19 Assistance The Best Markets For Residential Property Investors 2 days ago fcd1aa2d-5b26-4754-ab6b-8342360620f8The economy is set to bounce back, according to Bloomberg, however, as key pillars of economic support are set to go away we could have another downturn toward the end of the summer.The big test for the economy will come at the end of June, according to Bloomberg. Much of the support for the recent recovery has come from programs put in place by the Federal Reserve, Congress, state governments and banks to provide relief for consumers, homeowners, and businesses. Some, however, are scheduled to phase out soon.This includes some regulations aimed at protecting homeowners, including forbearance requests. States such as California worked out deals with banks in late March to provide 90-day grace periods to homeowners when it comes to paying their mortgages. If not extended, those too will expire at the end of June. Those grace periods are providing support not just to households struggling to pay bills, but also to the housing market by keeping borrowers who can’t pay their mortgage from having to sell their homes or face foreclosure. If mortgages come due in July and borrowers can’t pay, that could lead to the kind of plunge in the housing market that so far has been averted, Bloomberg notes.Forbearance requests have begun to slow, according to data from Black Knight, but there is a risk of May-related forbearance activity changing that trajectory.As Black Knight Data & Analytics President Ben Graboske explained, the rate at which American homeowners have been seeking mortgage forbearances began to slow from the middle of April forward, and Black Knight will monitor this trend to see if it continues.“After surging at the beginning of April and then rising again near the April 15—when most mortgages become past due and late fees are charged—the number of new forbearance requests has declined in recent weeks,” said Graboske. “While total forbearance volumes continue to mount, daily inflow has begun to taper off. Between 53,000 and 102,000 new plans have been put into place over each of the last nine days, and even the largest single-day volume was less than a quarter of what we saw at the start of April—and may see again next week. What remains an open question at this point is to what degree forbearance requests will look like at the beginning of May—when the next round of mortgage payments become due, and with nearly 30 million Americans newly unemployed in the last month.” Downturn Economy Forbearance 2020-05-07 Seth Welborn About Author: Seth Welborn May 7, 2020 1,547 Views Home / Daily Dose / Preparing for Another Economic Downturn Demand Propels Home Prices Upward 2 days ago  Print This Post Related Articles Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, Market Studies, News The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Preparing for Another Economic Downturn Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily Subscribelast_img read more

USC to award six honorary degrees at commencement ceremony

first_imgUSC will grant six honorary degrees at the 2017 commencement ceremony on May 12 for civic, academic, scientific and artistic contributions, according to USC News.The recipients are actor and comedian Will Ferrell, social work leader Suzanne Dworak-Peck, Aaron Diamond AIDS Research Center founding director David Ho, biomedical innovator Gary Michelson, actress Helen Mirren and Los Angeles County Board of Supervisors Chairman Mark Ridley-Thomas. Ferrell will also be the commencement ceremony speaker.Along with the honorary degrees, approximately 15,000 degrees will be commended this year, including 1,500 doctorate degrees.Ferrell will be honored for his philanthropic contributions to campus initiatives such as USC’s annual Swim With Mike fundraiser, which supports athletes with physical disabilities, and Cancer for College, which confers college scholarships to cancer survivors.Dworak-Peck was named a Social Work Pioneer by the National Association of Social Workers. After conferring $60 million to name and endowing the USC Dworak-Peck School of Social Work, she has since served as the chair of the School of Social Work’s Board of Councilors.Ho has received the Presidential Citizens Medal and 13 honorary doctorates, and in 1996 was recognized as TIME magazine’s “Man of the Year” for pioneering AIDS research.Michelson is known for spinal surgery techniques improving the safety, effectiveness and expense of traditional spinal surgery approaches. Michelson and his wife, Alya, have teamed with USC to start the Michelson Center for Convergent Bioscience, which aims to conduct research accelerating the development of scientific and medical innovation.Mirren is the only actress to have ever played both Elizabeth I and Elizabeth II on camera and has received numerous Emmy Awards, BAFTA Awards and Golden Globes for her portrayal of dramatic, multidimensional characters.Ridley-Thomas earned his Ph.D. from USC in 1989, and has since worked to better civic engagement in local communities, improve access to high-quality health care and provide critical services to the homeless. Ridley-Thomas currently serves as chairman of the Los Angeles County Board of Supervisors, and is on the board of L.A. Care and is on the board of the Los Angeles County Metropolitan Transportation Authority.last_img read more

Lin lifts Charlotte over Spurs in NBA

first_imgCHARLOTTE, North Carolina (AP): Jeremy Lin scored 15 of his 29 points in the fourth quarter as Charlotte overcame a 23-point deficit to snap San Antonio’s six-game winning streak, winning 91-88. Lin was 11 of 18 from the field and hit all four three-point attempts, including three in the fourth quarter. Courtney Lee had 17 points, Nicolas Batum added 15, and Cody Zeller grabbed 14 rebounds for the Hornets, who bounced back from a disappointing loss to the Denver Nuggets on Saturday night. The Spurs had two chances to tie it at the end of regulation, but Patty Mills and Danny Green both missed three-point attempts. In Cleveland, LeBron James scored 33 points and had his 41st career triple-double as the Cavaliers clinched their second straight Central Division title with a comfortable 124-91 victory over Denver. James added 11 rebounds and 11 assists before checking out with 6:02 left to a thunderous ovation. He scored 17 in the first quarter, helping the Cavs build a 19-point lead and erase the memory of an embarrassing loss on Saturday in Miami. The Nuggets fought back and briefly led before the Cavs regrouped, scored 68 after half-time to notch their 50th win. Will Barton scored 27 for the Nuggets. Andre Drummond’s tip-in with two seconds remaining lifted Detroit over Milwaukee, 92-91. TIGHT RACE The Pistons, who are in a tight race for the final play-off spot in the Eastern Conference, came out inexplicably flat and trailed by 17 points in the first half. They were down 13 in the third quarter before chipping away at Milwaukee’s lead in the fourth. Drummond was outplayed badly early on by Greg Monroe, but when Kentavious Caldwell-Pope missed from the perimeter in the final seconds, Drummond was able to tip the ball in. Draymond Green had 24 points, nine rebounds and six assists to help Golden State narrowly avoid their first two-game skid in nearly a year with a 109-104 victory at Minnesota. Klay Thompson scored 17 points and hit all five of his three-pointers, and the Warriors (63-7) overcame a second straight poor shooting night from Stephen Curry. He missed 11 of his 17 shots, including seven of his nine three-pointers, but still had 19 points, 11 assists and seven rebounds.last_img read more


first_imgShare Facebook Twitter Google + LinkedIn Pinterest 2015 Trade TalkThe Ohio Ag Net’s Dale Minyo visits with Richard Plackmeier, a market analyst with CHS Hedging about current trends in the energy market and demand.CHS Richard Plackemier Hedginglast_img

Net-Zero For a Competitive Price

first_imgThe designers of a 1,700 square-foot net-zero-energy demonstration home in Irvine, California, claim that a similar home can be built by virtually anyone for less than $150 per sq. ft., a figure that’s price-competitive with conventional homes in this market.The developers of the home — Southern California Edison and Green Homebuilder magazine — call the three-bedroom, two-bath model home “the ABC (Affordable, Buildable, and Certified) Green Home.” The home’s energy features should reduce its estimated monthly utility bills by $150 to $200 compared to a similarly sized conventionally built home.John Morton, project manager for Southern California Edison, says that the ABC home’s energy-saving strategies are mainstream and so they shouldn’t scare off buyers who might be leery of unfamiliar technology. The mild climate means the house can achieve net-zero status with 3 1/2 inches of Demilec closed-cell spray foam in the walls (in addition to 2 inches of EPS on the exterior side of the wall sheathing) and 5 1/2 inches of closed-cell spray foam in the ceiling. The roof deck is insulated to keep the ductwork within the conditioned space.The water-resistive barrier (WRB) installed on the walls is a vapor-permeable membrane (Henry BlueSkin VP). The wall panels were built by high school studentsThe house was built in conjunction with North Orange County Regional Occupational Program. Students in seven high-school construction classes designed and built the wall panels as part of their training. The panel sections were then brought to the site (in Irvine’s Great Park), where they were assembled by a contractor. The partners spent $204,000 to build the house — about $120 per sq. ft., a figure they say could be lower with a large builder’s efficiency of scale factored in.For a virtual tour of the ABC Green Home, click here.The house will be on display Mondays, Wednesdays, Fridays, and weekends from 9 a.m. to 4 p.m. until October 2013. At that time, the house will be separated from its slab foundation and donated to Habitat for Humanity, which will move it to a new site. The next ABC home will be a similarly sized two-story model. California is trying to make all new homes net-zero by the year 2020. Notable features of the ABC Green HomeOne story, three bedrooms, two baths, a den, no fireplace or chimney1,695 sq. ft. with a 440-sq.-ft. attached garage2×6 wall studs on 2-ft. centersAMX home automation system controls lighting and window shading5-kw PV array“Smart” electric appliances for use with “smart” electric meterHot-water recirculationGray-water recyclingRainwater collectionAir-to-water Daiken Altherma heat pumpPermeable paving stonesDrought-tolerant plantsUniversal designPlug-in stations for electric carsMeets the NAHB Green Building Standard and requirements for the California Advanced Homes Program, USGBC’s LEED program, and Energy Starlast_img read more

10 Things to Know About Starting a Production Company

first_imgStarting a production company isn’t easy. Here’s what you need to know to get started successfully.Let’s go ahead and repeat what we said up top, because it’s a hard truth: Starting a production company isn’t easy. It’s a lot of hard work. But if you dedicate yourself to it, then you can make it happen. I learned a thing or two after starting a production company of my own in 2013. So let me share some advice I was given when starting out. Hopefully these ten points will help you as much as they helped me.1. Have an Idea of What You Want to DoThis can be the hardest step in the entire process – but it doesn’t have to be. You should know going into all of this what you want to do, whether that be films, commercial, industrial, etc. If you don’t? Now is the time to figure it out. It’s also beneficial to write out your short term and long term goals. Identify your strengths and see how you can build your company around them. Just be sure to have all of this in place before you begin the process of developing your company. 2. Research What Others Have Done Well and Not so WellNow that you know what you want to do, you’ll need to do a lot of research. This is key. If you are doing commercial or industrial work, then you need to research your local area and gauge who else is doing this same type of work. Use a site like ProductionHUB to help aid in your research. Pay attention to the services and fees that other companies provide and charge. If you can find this information, then you can find ways to compete in the market.If you’re going into film, then you need to really research areas of the industry that fit your talents. You may be an incredibly skilled artist and could offer pre-visualization services. Maybe you’re great at promotions and could offer film marketing. Look at other successful production companies in your field and read how they got started. Use this information as a road map.3. Be Creative With Your NameCreating the name for your production company is key — this will eventually become your brand. So make it good and make it something relevance to you. For instance, Steven Spielberg’s production company is Amblin Entertainment, whose name came from Steven’s very first completed film Amblin. Or you could go another route and use part of your name like Ridley Scott did for his production company Scott Free. Just be creative and make sure your company stands out.Here’s a great article from Ian Mohr of GQ that gives you insight on How to Name Your Hollywood Production Company. There’s some great humor here — and a lot of truth.4. Research and Make Sure Everything is LegalOnce you have your name hammered out, you need to begin looking ahead. One thing you need to be aware of is that you’re eventually going to want to trademark the name. Now this doesn’t sound like a big deal, but it is. For example, years ago I applied for a trademark for my production company. However, another company had a name close to what I had created. They were also using the same classification code I was applying for. Because of this, I was not awarded the trademark and had to start all over.Be very creative with your name and then check that name against the USPTO trademark database. Scour the internet for already established companies. You’ll eventually want to contact an attorney who works with trademark law. They can do a comprehensive search and help you file for your trademark. Just be aware that a trademark filing will run you $2000 or more when all is said and done.5. Decide What Type of Company You’ll BeWe know what you want to do with your company. We know the name. But now what type of company are you going to be? Confused? It’s okay, I was too when the question was posed to me. You want to decide early on if you need to be a DBA, LLC, C-Corp, S-Corp, etc.This decision is going to affect the cost of filing to do business. It will also affect your tax filings as well. Check out this information from the Small Business Administration.Sole Proprietorship: “A sole proprietorship is the simplest and most common structure chosen to start a business. It is an unincorporated business owned and run by one individual with no distinction between the business and you, the owner.”LLC (Limited Liability Company): “A limited liability company is a hybrid type of legal structure that provides the limited liability features of a corporation and the tax efficiencies and operational flexibility of a partnership. The “owners” of an LLC are referred to as “members.” Depending on the state, the members can consist of a single individual (one owner), two or more individuals, corporations or other LLCs.”Cooperative: “A cooperative is a business or organization owned by and operated for the benefit of those using its services. Profits and earnings generated by the cooperative are distributed among the members, also known as user-owners.”C Corp (Corporation): “A corporation (sometimes referred to as a C corporation) is an independent legal entity owned by shareholders. This means that the corporation itself, not the shareholders that own it, is held legally liable for the actions and debts the business incurs.”S Corp (Corporation): “An S corporation (sometimes referred to as an S Corp) is a special type of corporation created through an IRS tax election. An eligible domestic corporation can avoid double taxation (once to the corporation and again to the shareholders) by electing to be treated as an S corporation.”Partnership: “A partnership is a single business where two or more people share ownership. Each partner contributes to all aspects of the business, including money, property, labor or skill. In return, each partner shares in the profits and losses of the business.”6. Find a Certified Public AccountantNow that you have your name and your structure, you’ll need to find someone to help you navigate the world of accounting for your business. This is not something you want to do yourself. Hire a Certified Public Accountant. A good CPA will not only help you figure out what will be required of you when tax season comes around, but they can help you set a realistic strategy for your business as well.With all of this said, don’t just pick the first CPA that you find. Go in and sit with them and talk with them. Find out if they are the right fit for you. Research them online and look for reviews from others who have used their services. You’re going to be working very closely with your CPA, so find the one that is right for you and your company.Try using the CPA Directory to get started, or just Google CPAs in your area.7. Create Your Business PlanEvery business needs a plan. A production company is no different. This is the time when you want to take the short and long term goals you set for yourself and turn them into a business plan. Get really detailed and try to map out your path for the next three to five years. Give the description of your production company, what area of the industry it will focus on, and who will be running it.Also, include all of the research and market analysis you did in the beginning that helped you determine what type of production company you’ll be. A business plan is a must have for any business and it’s a great way to gauge your progress and keep that progress on track.8. Consult an AttorneyOnce you get rolling and want to take it to the next level, you’re going to need representation. While this shouldn’t be one of the last things you do, it usually is the costliest, so it tends to get put off for as long as possible. Don’t wait too long to consult with and find an attorney to represent you — at some point you are going to need them. Better to have them in place early than too late.Just like the CPA and Trademark Lawyer, take your time meeting and researching attorneys. You want someone who is going to work hard for you. One way to find a good corporate or company attorney is to talk to people you know in the industry. Gauge their recommendations and then go from there.Check out this really good article from on How to Hire an Attorney.9. Secure Start-up CapitalNext to creating the name of your company, the hardest thing to do is to secure start-up capital for your company. If you’re working in commercial and industrial, you’ll need a certain level of equipment — which means you’ll need money. I’ve never been a fan of taking out loans, but I’ve seen some people do this and capitalize on it to start a really successful business.For film production companies, there are all sorts of venture capitalists out there looking for ways to expand their portfolio. One of the good things about being in film is that pre-production is usually going to be the cheapest part of the process. With that said, you might be able to float this part of the project and get something together that can impress potential investors. Just be sure to have a well-developed presentation before you go into these meetings. If you can show that you have the skill and development to pull this off, then you should be able to secure some sort of funding for your film.10. Get Out There and Spread Your NameThe biggest part about our business and this industry is networking. You really can’t ever talk too much about your project and your production company. But in order to maximize your visibility, make sure you have a presence online. Start with a website for your company, then start looking at social media like Facebook and Twitter. Then jump to the next level of social media that exists specifically for film professionals like Creative District and Stage 32.Want to read more about the business side of the industry? Then check out these articles from PremiumBeat:How to Pick the Right Structure for a Video Production CompanyThe Best Camera Options for Production Company Startups5 Trends That Filmmakers and Video Pros Should Be FollowingAre you about to start your own production company? Was this information helpful at all? Let us know in the comments below!last_img read more

This “Pocket Film School” Teaches Everything You’d Learn in Film School

first_imgLet’s examine why Pocket Film School is a great tool for your career by giving you real-world training for professional film and video production.Take my advice as a warning, please. As a graduate of a four-year Radio, TV, Film program, film school is kind of a mixed bag. I wouldn’t say it’s worthless or a scam, but I’d be the first to advise anyone in the process of deciding whether they want to attend one (and pony up the student loans to do so) to consider the alternatives first.And man, it seems the alternatives keep getting better by the day. Not only do you have an almost endless supply of film blogs, YouTube channels, and other in-depth online resources, you also have many of these new (and very poignant) digital platforms that pretty much give you all the coursework, advice, and curriculum you’d get over four years in any film program. (And obviously, at much less of the cost.)And while you can always subscribe to filmmaking resource channels like PremiumBeat or our partner Shutterstock Tutorials on YouTube, or take great insight and inspiration from online series like MasterClass, we got our hands on a beta version of the upcoming Pocket Film School, which is everything it promises.Film school, but in your pocket!What Is Pocket Film School?So, with a mission statement of “education — deconstructed,” the Pocket Film School is really a platform dedicated to making the film school education process simplified, easy to digest, and straight to the point. Every course is designed to be “pocket sized” by limiting episodes of the curriculum to five minutes or less.The Pocket Film School also emphasizes collaboration-oriented education focusing on working with teams and others in a fully collaborative environment. This is helpful because the majority of your film and video work will be with others — with roles that are becoming more and more loosely defined as the digital filmmaking landscape makes hybrid skill sets the norm.You’ll also get a solid primer in the basic fundamentals of filmmaking. Courses cover from the basic lingo and terms and roles on the film set, to how contracts are usually drawn, the relevant paperwork you’ll need to be familiar with, to the basics of on-set etiquette. Basically, you’re learning how to be a smart and savvy professional from your very first shoot onward.The Course CurriculumWhat Pocket Film School Has to OfferThis is where the Pocket Film School gets pretty cool. As I can remember from film school, we had some basic overarching courses, then a few that let you really hunker down into the nuts and bolts of a certain part of the film production process. However, it never quite felt like you got a chance to learn the process as a whole — especially not in-depth.With the Pocket Film School’s course curriculum, I was pleased to see that the coursework covers everything from the initial writing and script development parts of pre-production, through all matters of production, and deep into the post process. It even  explores what to do with your film once it’s done.Pricing OptionsPayment OptionsOnce you sign up, the platform is nicely self-contained, You can watch each lesson/episode on the site, where your status will be tracked and your coursework can stay updated. As far as pricing goes, the Pocket Film School is available for either four payments of $150 per month, or, in promoting their first flagship course offering, one payment of $497.99. You can purchase the course directly on their site.After going through a beta version of the course, I can say that the coursework looks quite comprehensive. If you dive into it, it should take anywhere from an intensive couple of weeks to a couple of months to complete. Overall Pocket Film School offers plenty of information, assignments, and real world advice that’ll help you reach the next level as a filmmaker.For more filmmaking advice and resources, check out some other articles here!Premiere Pro Quick Tip: How to Create ProxiesA Guide on Soliciting Feedback and Review for Film DraftsTop Alternatives to Premiere Pro in 2019 — Free and PaidThe 5 Biggest Issues When Shooting Low-Budget Short Films3 Unusual Camera Angles to Liven up Your Dialogue Sceneslast_img read more

Chinmayanand case: SIT finds law student’s purse in drain

first_imgThe special investigation team probing the sexual assault case against former Union Minister Swami Chinmayanand has recovered a purse of the complainant from a drain, sources said on Saturday. The investigators were now looking for the woman’s spy camera-fitted spectacles which she had used to record evidence of sexual exploitation by the 72-year-old former parliamentarian, they said. The purse was found in the drain near Mumukshu Ashram of Chinmayanand. The SIT had deployed labourers to search for the articles in the drain after detailed interrogation of the student’s mother and father on Friday, they said. The Allahabad High Court had on October 30 fixed November 8 to hear the bail plea of Chinmayanand who has been arrested in the case. Justice Rahul Chaturvedi had asked the prosecution to file its reply to the bail plea by November 4 and the defence counsel to file his counter reply by November 7. The bail plea of the law student will be heard on November 6.last_img read more

Spring Valley among 46 Sears and Kmart stores closing by November

first_img August 26, 2018 SAN DIEGO (KUSI) – The Kmart store in Spring Valley is among 46 unprofitable outlets slated to start closeout sales this week, according to an announcement from the Sears Holding Corp.Five stores in California are among the 12 Kmart and 33 Sears stores slated to close by November. This includes the Kmart store at 935 Sweetwater Road in Spring Valley.The other California closures are Kmart stores in Los Angeles, Antioch, and Clovis and a Sears in Santa Cruz. Sears Holding Corp. owns both the Sears and Kmart chains.The 125-year-old retailer has closed hundreds of stores in recent years to improve its bottom line.“We continue to evaluate our network of stores, which is a critical component to our integrated retail transformation, and will make further adjustments as needed,” the company said in a statement.This latest announcement comes just days after Lowe’s announced it is closing all of is Orchard Supply Hardware stores five years after purchasing the chain out of bankruptcy from its previous owner, Sears Holdings Corp.The latest Sears and Kmart liquidation sales are expected to begin Thursday, Aug. 30. Updated: 8:30 AM Posted: August 26, 2018 Spring Valley among 46 Sears and Kmart stores closing by Novembercenter_img Categories: California News, Local San Diego News FacebookTwitter KUSI Newsroom KUSI Newsroom, last_img read more