Missing: The family of an LSU student is asking for help to locate the missing young man. Michael Nickelotte, 21, was last seen at his on-campus apartment by his roommate at 1 a.m. on Monday. He is believed to have left on his own, a flyer distributed by LSU says. Nickelotte is 6 feet one inch in height, has blue eyes and a close-cropped military style haircut. Anyone with information is urged to call LSU Police at 225-578-3231.
Bankrupt: Hours after speculation mounted that Toys ‘R’ Us would file for bankruptcy ahead of the busy holiday season, the toy retailer filed for Chapter 11 bankruptcy protection late Monday. Toys ‘R’ Us is struggling with $5 billion in debt and intense online competition. The bankruptcy proceedings are a way for Toys ‘R’ Us to work with its creditors on restructuring the debt, the company says. Stores will remain open for business as usual. Even if the toy chain resolves its debt issues, Toys ‘R’ Us still faces massive structural challenges against which it must battle. The Associated Press has the full story.
Another blow: Equifax learned about a major breach of its computer systems in March—almost five months before the date it has publicly disclosed, Bloomberg reports. The March breach was not related to the hack that exposed the personal and financial data on 143 million U.S. consumers, the company says in a statement. But a source familiar with the situation tells Bloomberg the breaches involve the same intruders. Either way, the revelation that the 118-year-old credit-reporting agency suffered two major incidents in the span of a few months adds to a mounting crisis at the company, which is the subject of multiple investigations and announced the retirement of two of its top security executives on Friday. Read the full story.
