(Reuters) – Sears Holdings Corp will close as many as 120 of its Kmart and Sears discount and department stores after its holiday sales slumped, sending its shares sliding more than 27 percent to their lowest level in three years.

The retailer, which is controlled by its chairman, the hedge fund manager Edward Lampert, has seen sales decline every year since the $11 billion merger of the two chains in 2005, and likely faces further closings to cut expenses, preserve cash and push back against rivals such as Wal-Mart Stores Inc and Amazon.com Inc , analysts said.

Sears also disclosed on Tuesday that it tapped its credit line to borrow cash and forecast that fourth-quarter earnings would fall by more than half.

Under Lampert, the company, once one of the most successful U.S. retailers with a history going back to 1886, has let stores deteriorate, said analysts, who also faulted poor locations and ho-hum merchandise for its ongoing problems.

CHICAGO — At least 100 anti-Wall Street demonstrators were arrested early Sunday after defying police orders to clear out of a downtown Chicago park, authorities said.

Occupy Chicago spokesman Joshua Kaunert vowed after the arrests that the demonstrators would be coming back.

“We’re not going anywhere. There are still plenty of us,” Kaunert told The Associated Press after police carried out the arrests for more than hour.

(MONEY Magazine) — You don’t have to invest thousands in high-tech insulation or a super-efficient furnace to cut home heating costs. Just sealing drafts could lower your bills 3% to 18%, according to Danny Parker, a research scientist who works with the Department of Energy.

In the high-heating-cost Northeast, that translates to annual savings of as much as $250 if you burn natural gas or $550 for oil. Pretty good for low-cost projects you can do yourself.

(CNN) — After 161 years of treating survivors of major catastrophes, from the sinking of the Titanic to the attacks of September 11, and leading early HIV treatments, New York’s St. Vincent’s Hospital closed Friday.

Faced with financial troubles and mounting debts, the historic hospital was forced to shutter its operations. By Friday, no patients were left, and about 3,500 employees were laid off.

ALBANY, N.Y. – No nuptials at Niagara Falls? Jones Beach off limits on a 90-degree day? The “Grand Canyon of the East” devoid of campers?

New York’s state parks system, the nation’s oldest, is facing another round of funding cuts that is likely to result in the first budget-related closures in the system’s 125-year history. State officials say even popular parks at Niagara Falls and Jones Beach, with attendance figures in the millions, could be closed, along with such destinations as Letchworth, a popular hiking and camping spot ringing the rugged Genesee Gorge south of Rochester.

GUANTANAMO BAY NAVAL BASE, Cuba – The Haiti earthquake is giving the American base at Guantanamo Bay a new mission: supplying aid to the devastated island nation and potentially detaining thousands of Haitian migrants captured at sea.

President Barack Obama’s deadline for closing the base prison expires Friday with no new date in sight, but a huge effort to provide earthquake aid is just getting started.

MEXICO CITY – The schools and museums are closed. Sold-out games between Mexico’s most popular soccer teams are being played in empty stadiums. Health workers are ordering sickly passengers off subways and buses. And while bars and nightclubs filled up as usual, even some teenagers were dancing with surgical masks on.

Across this overcrowded capital of 20 million people, Mexicans are reacting with fatalism and confusion, anger and mounting fear at the idea that their city may be ground zero for a global epidemic of a new kind of flu — a strange mix of human, pig and bird viruses that has epidemiologists deeply concerned.

RICHMOND, Va. – What began 60 years ago as a humble television store in this sleepy Southern capital ended Sunday as Circuit City closed its doors for good — its 567 remaining U.S. stores to be left broom clean and vacant.

For the last month and a half, a group of four liquidators have conducted going-out-of-business sales for what was the nation’s second-largest consumer electronics retailer, selling its remaining $1.7 billion worth of inventory weeks sooner than expected.