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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, N.Y. - Everything is delicious at the local diner. But as with many restaurants, they’re struggling during the pandemic.Photographer Riley Ward has spent the last four years documenting diners in New York City. She estimates she has visited more than 450 diners.Since March, she has seen an increase in the number of closed diners.Owners say when other traditional places started offering take out that also cut into their business.Riley Arthur says she still has to visit just a handful of the new establishments that recently opened in the city.You can see all her pictures on Instagram account at Diners of NYC.This story was first published by Greg Mocker at WPIX in New York, New York. 713

NEW YORK CITY — A dad, hand-in-hand with his 6-year-old daughter, was gunned down as he crossed a street in the Bronx on Sunday.29-year-old Anthony Robinson or Brooklyn was crossing East 170th St. at Sheridan Ave. with his daughter when he paused to let a car pass. The driver pulled up and opened fire, hitting Robinson repeatedly.Video from the incident showed Robinson collapse to the ground as the car sped off. His daughter ran away from the scene.Warning: Video below may be disturbing to someRobinson was rushed to a local hospital where he died.Family members said Robinson was a father of two. His cousin, Michael Parker, said Robinson would be missed."He's loved. He'll be remembered," Parker said. "He's going to live through us."No arrests have been made. The NYPD is offering up to ,000 for information leading to an arrest. 848
NEW YORK (AP) — People are more likely to return a lost wallet if it contains money — and the more cash, the better.That's the surprising conclusion from researchers who planted more than 17,000 "lost wallets" across 355 cities in 40 countries, and kept track of how often somebody contacted the supposed owners.The presence of money — the equivalent of about in local currency — boosted this response rate to about 51%, versus 40% for wallets with no cash. That trend showed up in virtually every nation, although the actual numbers varied.Researchers raised the stakes in the U.S., the United Kingdom and Poland. The response jumped to 72% for wallets containing the equivalent of about , versus 61% for those containing . If no money was enclosed, the rate was 46%.How can this be?"The evidence suggests that people tend to care about the welfare of others, and they have an aversion to seeing themselves as a thief," said Alain Cohn of the University of Michigan, one author who reported the results Thursday in the journal Science.Another author, Christian Zuend of the University of Zurich, said "it suddenly feels like stealing" when there's money in the wallet. "And it feels even more like stealing when the money in the wallet increases," he added. That idea was supported by the results of polls the researchers did in the U.S., the U.K. and Poland, he told reporters.The wallets in the study were actually transparent business card cases, chosen so that people could see money inside without opening them. A team of 13 research assistants posed as people who had just found the cases and turned them in at banks, theaters, museums or other cultural establishments, post offices, hotels and police stations or other public offices. The key question was whether the employee receiving each case would contact its supposed owner, whose name and email address were displayed on three identical business cards within.The business cards were crafted to make the supposed owner appear to be a local person, as was a grocery list that was also enclosed. Some cases also contained a key, and they were more likely to get a response than cases without a key. That led the researchers to conclude that concern for others was playing a role, since — unlike money — a key is valuable to its owner but not a stranger.The effect of enclosed money appeared in 38 of the 40 countries, with Mexico and Peru the exceptions. Nations varied widely in how often the wallet's "owner" was contacted. In Switzerland the rate was 74% for wallets without money and 79% with it, while in China the rates were 7% and 22%. The U.S. figures were 39% and 57%.The study measured how employees act when presented with a wallet at their workplaces. But would those same people act differently if they found a wallet on a sidewalk?"We don't know," said Michel Marechal, an author from the University of Zurich. But he said other analyses suggest the new results reflect people's overall degree of honesty.Shaul Shalvi of the University of Amsterdam, who wrote a commentary that accompanied the study, told The Associated Press that he suspected the study does shed light on how people would act with a wallet found on the street.He said the results "support the idea that people care about others as well as caring about being honest."Robert Feldman, psychology professor at the University of Massachusetts Amherst who didn't participate in the work, said he suspected the experiment might have turned out differently if involved "everyday people" rather than employees acting in an official capacity.But Feldman called the study impressive and said it seems like "a very real result."Dan Ariely, a psychology professor at Duke University who didn't participate in the research, said the conclusions fit with research that indicates keeping a larger amount of money would be harder for a person to rationalize."It very much fits with the way social scientists think about dishonesty," he said. 3987
New technology could be the way guns are made, and you can use it right in your own home.Starting this week, Americans can start legally downloading instructions on how to use a 3D printer to make their own gun. The guns cannot be traced and there’s no background check required.“This is building a gun in your home by pressing a button, says David Chipman, a former ATF Special Agent and an advisor to the Giffords Law Center to Prevent Gun Violence. “That’s an entirely different thing from past technologies.” Chipman says he worries about the future and 3D guns getting in the wrong hands.“Although the threat might not be immediate, next month, five…10 years, it could really change the landscape on how criminals and terrorists get guns,” Chipman says.But the NRA points out there are laws that prevent violent criminals from even having a gun. 869
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