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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
NEW YORK CITY — Dozens filled the streets of a Brooklyn neighborhood overnight in protest of Gov. Andrew Cuomo's new restrictions in several areas of New York City where there has been an uptick in COVID-19 cases. 221
NOBLESVILLE, Ind. -- Officers from the FBI, ATF, Indiana State Police and local departments searched the home of a Noblesville middle school student accused of shooting a teacher and classmate Friday morning.The shooting was reported shortly after 9 a.m. local time at Noblesville West Middle School in suburban Indianapolis. Officials said seventh grade teacher Jason Seaman and one of his students were shot when another student opened fire.Seaman and the student victim were transported to Indianapolis hospitals in critical condition. The suspected shooter was taken into custody.While the suspect has not yet been identified, investigators are already searching his Morse Reservoir home. Those investigators included local, state-level and federal officers, along with computer crimes specialists. 815
NEW YORK — Businessman and former presidential candidate Andrew Yang has filed papers to enter the already crowded Democratic field in the race for mayor of New York City in 2021. Yang filed papers with the New York City Campaign Finance Board Wednesday to join the race. Yang, a CNN commentator following his run for president, now arguably has the highest national profile of any of the candidates. The former ambassador for global entrepreneurship under President Barack Obama has not officially announced his run. Yang grew up in Westchester County, went to law school at Columbia and began his legal career in New York City. The NYC CFB said that Yang is joining the city’s -to- matching funds program. You can find out how that works here. The field in the Democratic primary is already awash with candidates with profiles both local and nationwide. Soon-to-be former Congressman Max Rose, City Comptroller Scott Stringer, Brooklyn Borough President Erik Adams, former national HUD Secretary Shaun Donovan, Sanitation Commissioner Kathryn Garcia, Citigroup executive Raymond McGuire, City Councilmember Carlos Menchaca and former counsel to Mayor Bill De Blasio Maya Wiley are just some of the candidates who have declared on the Democratic side. This article was written by Stephen M. Lepore for WPIX. 1321
News can happen at any time and any place, ujst ask Anna Boyko-Weyrauch. The reporter from KUOW Public Radio had just locked her tray table into place when the pilot of the plane that was about to fly her to San Diego announced a delay."He says there’s a guy, and he’s got a plane and he’s flying around Seattle and so he’s tying up all the airways" said Boiko-Weyrauch. Her plane was among the 40 or so stranded for more than an hour while a rogue airport employee flew a Horizon Airways plane in the skies above Seattle.Boiko-Weyrauch immediately fired up her cell phone and began tweeting. "I kick into news mode," she recalled. "I hear these things from the pilot. I'm trying to confirm them."She used Twitter and e-mail to try to learn more about the situation. The pilot came back on the plane's intercom, telling passengers the man delaying their flight learned how to fly on the internet. Somehow he managed not only to take off, but to fly past Mt. Rainier and the Olympic Mountains.She tweeted: Hey @AlaskaAir, can you confirm any of the reports we’re hearing and reading? A stolen Q-400? A suicidal pilot? F-15 escorts? A crash? Anything? About an hour and 15 minutes after the delay began, Boiko-Weyrauch read a tweet that said the plane had crashed and smoke was seen. Moments later, her pilot told passengers the delay was over.She set her phone to flight mode and waited three hours until the flight landed in San Diego to confirm the man who stole the plane crashed it and died.Boiko-Weyrauch laughed as she admitted she almost left her work cell phone behind, thinking she wouldn't need it during a weekend visit with her 93-year-old grandmother. The reporter in her decided to keep the phone handy, just in case. 1829
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