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A white van drove onto a busy Toronto sidewalk, and struck dozens of pedestrians, killing 10 and wounding 15, Toronto Police officials said on Monday. Later in the day, police said that Alek Minassian allegedly targeted the crowd of pedestrians. Police were called to the area of Yonge Street at Finch Avenue around 1:30 p.m. local time after the van fled from the scene. Police have since shutdown the area, and blocked off several streets. Authorities later caught up to the van and its driver.Canadian news agency the CBC reported that the van's driver is in custody.Video from the incident showed several ambulances taking away victims on stretchers from the scene of the incident. Stephen Powell, district chief for Toronto Fire, said that targeted pedestrians for up to one mile. The CBC has reported that part of Toronto's subway service has been shutdown. The area is in the North York neighborhood of Toronto, which is several miles north of Downtown. The area is densely populated with apartments and businesses.  1096

Alibaba is spending billions of dollars to take control of one of China's biggest online food delivery services.China's biggest e-commerce company said Monday that it will buy all the outstanding shares it doesn't already hold in Ele.me, a startup whose Chinese name roughly translates to "Hungry?"Alibaba and one of its affiliates already own 43% of Ele.me, according to a company statement. The deal, which values Ele.me at .5 billion including debt, enables Alibaba to bring the startup deeper into its huge web of internet businesses that touch many areas of Chinese' consumers' lives.Tech companies are eager to cash in on China's growing online food delivery market, which is expected to grow 18% to 241 billion yuan ( billion) this year, according to research firm iiMedia.Tencent, China's biggest tech company by market value, has pumped billions of dollars into Meituan-Dianping, another leading delivery startup.Meituan-Dianping enables users to make lunch reservations, order food and buy movie tickets through a single mobile app. A funding round in October valued it at roughly billion, making it one of the most valuable startups in the world.China's largest ride-hailing company, Didi Chuxing, is also on the verge of launching food delivery services in China, according to local media reports.A similar trend is playing out in the United States. Amazon, the company with which Alibaba is most often compared, teamed up with online food delivery company Olo in September in an effort to expand its Amazon Restaurants service. It's a market where the likes of GrubHub and Uber Eats are already important players.For Alibaba, buying Ele.me is part of the e-commerce company's efforts to connect smartphone users with real-world services. Alibaba is already mixing online and offline shopping with its brick-and-mortar grocery store chain, Hema.Alibaba said it will combine Ele.me with its own restaurant review and local services platform Koubei, which means "Word of Mouth."Ele.me and Koubei have overlapping services. But after the takeover, Ele.me will focus on delivering food to people's homes, while Koubei will focus on getting people to buy goods and services online, and pick them up or consume them at physical stores or restaurants. 2273

Across the U.S., employees at a large media company are working to put books in the hands of children living in poverty.That company — E.W. Scripps — is inviting the public to help.The Scripps Howard Foundation’s annual “If you give a child a book …” literacy campaign has started and will run through the end of August. The literacy campaign has distributed more than 100,000 new books to children across the country since 2017.Now in its third year, the campaign is a partnership of the Foundation, employees of The E.W. Scripps Company and donors who provide matching gifts to advance childhood literacy by increasing access to books. ?Every dollar raised during the “If you give a child a book … ” campaign is used for the purchase of books for children who need them most. Books are purchased at cost through a partnership with Scholastic Book Fairs, further maximizing the purchasing power of every donated dollar.Following the campaign, Scripps news organizations choose a local nonprofit group that works with children and families to receive the books. In addition, the TV stations air stories about the importance of literacy and how to get involved, further amplifying the impact of the campaign.“There is an intrinsic link between the ability to read and a child’s ability to succeed in life,” said Liz Carter, president and chief executive officer of the Scripps Howard Foundation. “By helping children learn to read, we can assure they can have the tools and information they need to reach their potential.”Books presented to program partners on National Reading Day on January 23, 2019.Visit http://ifyougiveabook.com for more information on how to give to this the campaign. 1703

Allan Lichtman is a historian who wrote “The Keys to the White House,” which outlines 13 metrics for predicting the outcome of a presidential election.Lichtman’s method has proven to work over the years, as he broke from other prognosticators and predicted a Donald Trump victory in 2016. And with the 2020 presidential election now less than three months away, he has weighed in on this year’s race.Lichtman predicts that Joe Biden will win in November.The 13 keys looks at issues such as social unrest, the economy, previous midterm results, scandal, and military results. Lichtman predicting elections in the early 80s, and accurately called for Ronald Reagan's victory in 1984. He has called eight elections since.Lichtman explains his method in a New York Times video op-ed. 787

After eight months of steady gains, stock market volatility has again rocked investors this week, with a global sell-off triggered by the prospect of slower global economic growth and rising bond yields. The S&P 500 fell nearly 7% in six days, bringing the index down to levels last seen in July.When stock markets tremble, the advice from financial advisors is simple: Stick to your investment plan.That’s easier said than done. If your financial house is on fire, you want to fight the flames or flee as surely as if your actual home were ablaze, behavioral finance experts say. To stand back, watch and periodically throw more money on the bonfire is tough even for the most seasoned investor, let alone your average 401(k) holder.“You’d think that a high-net-worth individual is more sophisticated, that they are not going to panic like an investor with ,000 at stake? Not true,” says David Thomas Jr., founder and chief executive officer of Equitas Capital Advisors in New Orleans.Still, Thomas says, “You can be smarter than your emotions, but that’s an acquired skill.”Here are some ways to sidestep the natural emotional triggers that can be costly during the next market correction or crash. 1220