It's (Mostly) Official: Yahoo Buying Tumblr for $1.1 Billion in Cash

Cash! The WSJ says "the Yahoo board has approved a deal" to make this happen, and given that crew's track record so far, we believe it. It's hard to imagine Tumblr turning this down. One of the most unpopular companies in the world will soon own one of the most popular in history, and we'll all find out if you really can …

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As the National Transportation Safety Board promotes a new, stricter BAC limit of .05 to drive, the hospitality industry is worried about a "chilling effect" on alcohol sales.

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Hofstra Student Killed During Home Invasion was Shot by Police

A 21-year-old Hofstra student was killed early Friday morning by a shot fired by a Nassau County policeman. Andrea Rebello was being held at gunpoint by an intruder, when she was shot once in the head by the unidentified police officer, who also killed the home intruder.

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Luxury City Nearly Complete with Construction of Empty Soulless Towers

New York City's luxury housing boom, which has been a trademark of the Bloomberg administration's distaste for building substantial housing for anyone but the superrich, has reached its astounding conclusion: massive condos owned by people so rich, they don't actually live there.

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