oys ‘R’ Us informed employees on Wednesday that it will close or sell all of its more than 700 U.S. stores amid mounting debt and years of declining sales, according to a report. ..
MORE: David Brandon, CEO of the Wayne, New Jersey-based toy retailer, broke the news to employees at the company’s headquarters. Toys ‘R’ Us’s impending liquidation could result in as many as 33,000 layoffs, according to the Wall Street Journal. The company will file paperwork related to the liquidation of its U.S. division on Wednesday night ahead of a bankruptcy court hearing on Thursday, the report added.

Footage of mysterious object above ocean stuns military personnel

Not even POPE FRANCIS could fix this number

If you want to know why Catholic Churches and schools are closing throughout the United States, look no further than this number released by the United States Conference of Catholic Bishops: $2.9 billion.

With a B.

That is the dollar amount that the abuse scandal in the Catholic Church has cost since 2004. It's an insurmountable number, and it continues to drain the resources of the religion..

From the CATHOLIC CULTURE story filed today:
Only 59% of those funds were allotted to settlements ($62.9 million) and therapy for abuse victims ($7.7 million). The remaining funds were spent on attorneys’ fees ($28.8 million), support for offenders ($15.4 million), and other costs ($4.2 million), according to the 2014 “Report on the Implementation of the Charter for Protection of Children and Young People.”

These expenses brought the total cost of the clerical abuse scandal to American dioceses and religious institutes between 2004 and mid-2014 to $2,895,629,230, according to the data in the current report and previous reports.

The report added that dioceses, eparchies, and religious orders spent an additional $31,667,740 for child protection efforts in 2013-14.

65% of accused diocesan clergy “had already been identified in prior allegations,” and 75% “were deceased, already removed from ministry, already laicized, or missing.”

75% of those who alleged abuse by diocesan clergy and 87% of those who alleged abuse by religious-order clergy were male, and abuse typically took place between the ages of 10 and 14. Most of the allegations involved incidents that took place between 1960 and 1989, particularly the 1970s.