Daily Stock Market Updates

As many Sears and Kmart stores appear to be on life support, CEO Edward Lampert's hedge fund, ESL Investments, is getting $200 million to $220 million in annual loan payments while Sears has steadily lowered spending on its struggling stores. At the same time, competitors have continued reinvesting.

http://rssfeeds.usatoday.com/~/553024574/0/usatodaycommoney-topstories~Sears-Kmart-stores-ailing-as-CEO-Eddie-Lampertaposs-hedge-fund-gets-hundreds-of-millions/