A third of Barnes & Noble stores may close within the next decade, report says A third of Barnes & Noble stores may close in next decade, report says Barnes & Noble Inc. Chairman Leonard Riggio wants to buy the company's stores, and leave the company's Nook e-book business as a separate company, according to CNN.com.
Carl Pistorius, the brother of Para Olympian Oscar who is involved in a murder case, faces his own legal troubles. This stems from a charge of unlawful, negligent killing for a 2008 road death, "in which a woman motorcyclist sadly lost her life," Kenneth Oldwage, the Pistorius family lawyer said on Sunday. The accident occurred in Vanderbijlpark, south of Johannesburg. The charge of "culpable homicide" was dropped, then reinstated and will be challenged in court, the lawyer told the Associated Press.
Owners for Revel AC In (with its Company, "Revel"), located on the Boardwalk in Atlantic City, New Jersey, announced its "restructuring" plan to help reduce its debt load by over $1 billion through an exchange of debt for equity. Its plans is to recapitalize through a consensual prepackaged Chapter 11 reorganization.