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NEW YORK (AP) — The one-time bookselling giant Barnes & Noble is being acquired by a hedge fund for 6 million.The national chain that many blamed for the demise of independent bookstores has been ravaged by Amazon.com and other online sellers. Independent bookstores have also persisted in the face of digital publishing.The company said in October that it might put itself up for sale after it was approached by a number of potential buyers, including founder Leonard Riggio who opened Barnes & Noble stores across the country and turned it into a superstore.Barnes & Noble said Friday that it's being acquired by Elliott Management for .50 per share, an approximately 9% percent premium to the company's Thursday closing stock price. Elliott bought the U.K. bookseller Waterstones in June 2018.Waterstones CEO James Daunt will also take on the role of CEO at Barnes & Noble.The sale, valued at about 3 million including debt, is targeted to close in the third quarter if approved by regulators and shareholders.Shares of the New York company jumped 11% before the opening bell. 1111

NEWMAN, Calif. (KGTV and AP) - Newman Police Chief Randy Richardson had tears in his eyes Thursday as he talked about the grief in his department over the loss of Corporal Ronil Singh. Singh, 33, was shot early Wednesday morning, a few minutes after radioing that he was pulling over a gray pickup truck that had no license plate in Newman, a town of about 10,000 people some 100 miles southeast of San Francisco. He died at a hospital. Singh was one of 12 Newman Police officers. “My department is hurting,” said Richardson at a morning news conference. “We’re not an agency; we’re a family.” Watch the news conference:The Stanislaus County Sheriff’s Department took over the investigation from Newman Police, releasing surveillance photos of a man seen at a convenience store just before Singh’s murder. Officials pleaded for information about the attacker's identity from the public, and the California Highway Patrol sent an alert to smartphones Wednesday asking drivers to keep an eye out for the pickup truck. A truck believed to have been the one stopped by Singh was later found in a garage in a mobile home park about 4 miles from the shooting, where law enforcement officers were serving a search warrant, The Modesto Bee reported. Investigators were examining the vehicle, police said. RELATED: National manhunt underway for man suspected of killing California police officerSingh was a native of Fiji and father of a 5-month-old son. He joined the Newman police force in 2011. Earlier in his career, Ronil Singh worked as a deputy with the Merced County Sheriff's Department. "He was living the American dream," said Stanislaus County sheriff's Deputy Royjinder Singh, who is not related to the slain officer but knew him. "He loved camping, loved hunting, loved fishing, loved his family." On his Facebook page, Ronil Singh posted pictures on Christmas Eve from a deep-sea fishing trip that produced a big haul of crabs and fish. His profile picture shows him smiling as he stands at a patrol car with his K9 partner, Sam — the same photograph of the officer released by the Sheriff's Department. “He will never see his son walk,” Chief Richardson said. Outgoing California Gov. Jerry Brown offered condolences to Singh's family and said flags at the Capitol would fly at half-staff in his honor. "Our hearts are with the entire community of Newman and law enforcement officers across the state who risk their lives every day to protect and serve the people of California," Brown said. Singh's canine partner will retire from the department and stay with Singh's family.“We need closure. His family needs closure,” said Richardson. 2652

Nordstrom announced on Tuesday that by the end of 2021, they would no longer sell fur or exotic animal skins.The department store said the new policy was made in partnership with the Humane Society of the United States."As a leading fashion retailer, we're committed to delivering the best possible service and merchandise for our customers. Delivering on that commitment means continually listening to customer feedback and evolving our product offering to ensure we're meeting their needs," said Teri Bariquit, the chief merchandising officer at Nordstrom in a press release. "As part of our ongoing product evolution, we've been working with the Humane Society of the United States and recently decided to stop offering products made with genuine fur or exotic animal skin in any of our stores or online. Our private label brands haven't used these materials for years, so extending this policy to all the brands we carry is a natural next step for our business."Nordstrom says the change will involve removing the use of fur in its private-label brands and not buying or selling items that use Asiatic raccoon.The company said the new policy wouldn't apply to products derived from cows, pigs, and goats. It also won't allow stores to carry items derived from lizards, snakes, alligator, kangaroo, and stingrays. 1324

New numbers uncovered by a CNN investigation show an alarming number of gun mishaps happening at the hands of federal air marshals, and it’s prompting some to call for a new review of how the program operates and whether air marshals are needed at all. Last year, an incident captured national attention, when a passenger found an air marshal's loaded service weapon in the plane's bathroom. According to CNN’s investigation, it wasn’t an isolated incident. According to the report, the Transportation Security Administration’s Office of Inspection documented more than 200 cases of air marshals allegedly misusing or misbehaving with their weapons between 2005 and 2017. Nineteen of those cases involve marshals accidentally firing their weapons. More than 70 involve lost or misplaced weapons, including some left in airplane bathrooms or in airports. And at least 13 of the incidents involved alcohol.  "I’d always get that there’s going to be a few incidents just because that's life; that's how it works,” says Jeff Price, an aviation security expert at Metropolitan State University of Denver. “But this many incidents, particularly how many are related to alcohol, that’s a serious concern, and there’s underlying problems there that need to be addressed.” Price wrote a book on aviation security and believes the program works as a deterrent. However, he says an overhaul of the air marshal program may be needed. "So, I think it’s definitely time for a stem-to-stern review of the entire air marshal program,” Price says. “I’m not advocating we get rid of it, but I am saying we should improve it, so it’s what we really envisioned." A former special agent in charge of an air marshal field office believes, when put in context with the thousands of marshals the agency has, the numbers are still relatively small. "You'd hope to have a 0 percent error rate, particularly when employees are carrying weapons,” the former official says. "But you employ human beings, and humans are going to have failures." The TSA responded to the CNN report with their own statement, saying reports of misconduct are taken seriously and investigated, adding that they take disciplinary action in the wake of any misconduct.  2280

NEVADA — The wait continues to see who will clinch the needed 270 electoral votes to win the presidency. Ballots are still being counted in critical battleground states, including Nevada.Nevada's six electoral college votes could be the deciding factor in this election.So what's taking so long to count the ballots?"It's taking a little longer than normal this year because every active voter received a mail-in ballot this year," explained Nevada Attorney General Aaron Ford."Processing mail takes time because election officials must ensure that no one has more than one vote," he said."And counting ballots has also taken time because we have many safeguards in place to prevent fraud," added Ford, "such as signature verification, unique bar codes and other tools."Ford says officials knew the ballot counting process would take some time this year and adds that our counting procedures are overseen by a bi-partisan board in each county.He also says state officials have zero concerns about the ballots right now and are more focused on being accurate and fair.The Clark County Registrar of Voters Joe Gloria will provide daily updates on behalf of the county at 10 a.m.This story originally reported by Alicia Pattillo on ktnv.com. 1247

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