Today is Tuesday, February 18th.

What to know today about the Boy Scouts of America,

why the iconic Youth Organization is filing for bankruptcy

and what happens next.

Plus a few updates about the new coronavirus disease,

Jeff Bezos is giving away $10 billion. The new... the new

Croses-Bazos is giving away 10 billion dollars the new slide-out smartphone and another video streaming service

Welcome welcome to the newsworthy all the days news in less than 10 minutes. Fast, fair, fun, and on the go.

I'm Erica Mandy. Thanks so much for being here. You ready? Let's do this.

One of the country's oldest and largest youth organizations, the Boy Scouts of America, just filed for bankruptcy. The Wall Street Journal says the Boy Scouts is hoping to deal with its financial

pressure stemming from two things, declining membership and sex abuse lawsuits. The L.A. Times says

the organization has faced a wave of new lawsuits because several states, including

California and New York, recently expanded legal options for childhood

victims to sue. In other words, more alleged victims have the option to file

lawsuits and they have.

Now filing for bankruptcy means any pending lawsuits will be put on hold.

So the AP says it could be one of the biggest most complex bankruptcies ever seen.

In an open letter the Boy Scouts national chairman said,

youth safety measures are now the strongest and most effective policy in any

youth organization and he regrets they weren't always in place.

So what does all of this mean for those kids still in the program now?

The organization says the bankruptcy is not expected to impact local scouting activities, programs should continue throughout

...