Amazon To Buy Whole Foods For $13.7 Billion

June 16 (Reuters) – Amazon.com Inc said it would buy Whole Foods Market Inc in a deal valued at about $13.7 billion, including debt.

The $42 per share offer represents a premium of 27 percent to the upmarket grocery chain’s Thursday close.

Whole Foods shares were halted at $32.77 in premarket trading, while Amazon’s shares were up 0.5 percent at $969.

Excluding debt, the deal is valued at $13.39 billion, based on 318.9 million diluted shares outstanding as of April 9.

The grocer will continue to operate stores under the Whole Foods Market brand, the companies said.

John Mackey will continue as chief executive of Whole Foods, and the company’s headquarters will remain in Austin, Texas.

Amazon and Whole Foods expect to close the deal during the second half of 2017.

 

(Reporting by Sruthi Ramakrishnan in Bengaluru; Editing by Saumyadeb Chakrabarty)

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A First-Grader's Picasso-Like Painting Is Now Hanging At The Met

On Tuesday evening, a group of students ― pre-kindergarteners to 12th graders from New York public schools in all five boroughs ― converged at The Metropolitan Museum of Art. The young people were not gathering for some sort of field trip, but rather to welcome visitors at the landmark museum to the opening night of their group exhibition.

For the past 10 years, The Met has hosted a group exhibition entitled “P.S. Art,” featuring artwork from a variety of media highlighting the innovation and skill emerging from public art education programs in and around New York City. On opening night, the young artists were given lanyards to distinguish them from the hundreds of visitors clamoring to get a glimpse of the work. Visitors were encouraged to approach any and all lanyard-wearers, providing the ever-rare opportunity to discuss an artwork on display at The Met with its maker. 

One of the most powerful parts of the show is the moment when the young people realize their ever first show is happening at The Met,” Sandra Jackson-Dumont, the Museum’s Frederick P. and Sandra P. Rose Chairman of Education, told HuffPost in an interview. Jackson-Dumont oversees programming at the museum geared toward teaching and learning, from coordinating lectures and artist residencies to managing accessibility programming for museumgoers with vision loss or dementia. 

Every year, Jackson-Dumont explained, over 1,000 students submit their work to a jury comprising art world figures and staff members at The Met. The works are judged in comparison to others in their age group, though the criteria is inevitably subjective. “They’re looking for youth voice,” Jackson-Dumont said. “Even at that age, we encourage them not to copy. We want them, as artists, to use their own creative impulses and let that guide the process.” 

This year 103 artworks were selected, including a first-grader’s Picasso-like depiction of the Statue of Liberty and a 12th-grader’s wildly realistic sculpted bust titled “Self As Alexander.” Jackson-Dumont recalled hearing multiple comments in the vein of “Michelangelo should watch out” uttered in in the vicinity of the work at the opening. 

The show is a galvanized grab-bag of subjects, media, styles and skill levels, the work a visual reflection of the artists’ heterogeneity. “People make assumptions about who is featured in a show like this,” Jackson-Dumont said. “But we’re really looking at the full spectrum of education in New York public schools. We show work by every kind of student, including students with special needs.”

When asked if there were any salient themes tying the sundry works together, Jackson-Dumont responded: “There are a lot of portraits in the show, which I think communicates a sense of self-realization.”

This year marks the 15th iteration of “P.S. Art” and the 10th housed in The Met’s hallowed halls. As the tradition continues and evolves, Jackson-Dumont hopes to expand upon the number of works selected and exhibited. Currently approximately one out of every 10 artists is selected; she hopes to see that ratio grow over time. 

“It’s a matter of expenses,” Jackson-Dumont added. “This isn’t treated like a throwaway project. All the works are framed and arranged like they would be in any other Met exhibition. The labels here are the same as the labels upstairs.” 

Another longterm goal is building awareness of these kinds of exhibitions ― those that value local community and the universality of artistic expression as opposed to the fabled genius of the dead, white chosen few. “It’s not as if these projects haven’t been happening all around the country,” Jackson-Dumont said. “And yet you can probably count on your hands the number of times you read about something like this. People, I think, are now realizing that when you nurture young people in this way, you are nurturing the next generation of young innovators.” 

Conversations about exhibitions like “P.S. Art” often end up in a similar space, discussing the indispensable impact of an arts education on a young and growing mind. “The work speaks to the quality of arts education we want to see erupting,” Jackson-Dupont said. “I continue to be blown away by the commitment teachers and educators have shown to include arts education — not as something that is ancillary but a part of the basic education system.”

For those skeptical of the effect an artistic education can have on a young person in flux, Jackson-Dupont recommends stopping by an opening of a “P.S. Art” show and watching a third grader hardly big enough to reach a microphone proudly explain the motivations behind her work. “This is a space for young people to share their voices,” she said. “To live out loud as themselves and be celebrated, not scrutinized. When we provide a space for them to be their best selves and they show up that way.”

“P.S. Art” will show at The Met until Oct. 29, 2017. Between Wednesday, June 21 and Friday, June 23, 27 artworks from the show will be projected on the Clear Channel Spectacolor sign in the center of Times Square ― 43rd and 44th Streets on Broadway. The works will be shown for four minutes every hour beginning at midnight on Wednesday, as well as for one hour on Tuesday, June 20 at 2 p.m. 

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Trump Confirms He Is Under Investigation And Blames His Own Justice Department

President Donald Trump seemed to confirm for the first time Friday that he’s being investigated for possible obstruction of justice and appeared to blame the Justice Department’s number two official for the probe.

Rod Rosenstein, the deputy attorney general, appointed Former FBI Director Robert Mueller as a special prosecutor in an investigation of alleged collusion between Trump associates and Russia in the 2016 election. Rosenstein made the appointment after Attorney General Jeff Sessions recused himself from the investigation for failing to disclose during his confirmation hearings that he met with Russian officials before Trump took office.

Trump fired former FBI Director James Comey in May after Rosenstein authored a memo advising him to do so. But Trump has publicly said he was going to fire Comey regardless of Rosenstein’s recommendation.

The Washington Post reported Wednesday Mueller’s investigation had extended to include whether Trump committed obstruction of justice when he asked former FBI Director James Comey to drop an investigation into Michael Flynn, his former national security adviser.

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Stay Away From Eating These Types Of Seafood This Summer

Summer is a time for seafood. People flock to the beach in droves, and seafood shacks pop up along the road by the hundreds. But before you start indulging in your favorite lobster roll or basket of fish and chips, you should know what your menu order means. Are you making a sustainable choice?

The Monterey Aquarium Seafood Watch has a guide listing the best and worst seafood options out there. You might not be able to guarantee that all of your choices are the most sustainable options, but you can at least make sure you’re not supporting fishing of the least sustainable seafoods on the market. 

Here it is, the seafood you should be steering clear of this summer:

  • Abalone (from China and Japan)
  • Basa/Pangasius/Swai Cod: Atlantic (from Canada and U.S.)
  • Cod: Pacific (from Japan and Russia)
  • Crab (from Asia and Russia)
  • Atlantic Halibut (wild)
  • Lobster: Spiny (from Belize, Brazil, Honduras and Nicaragua)
  • Mahi Mahi (any imported)
  • Orange Roughy Pollock (from Canada trawl)
  • Atlantic Salmon (farmed)
  • Atlantic Sardines (from the Mediterranean)
  • Shark
  • Shrimp (imported)
  • Squid (from China, India and Thailand)
  • Swordfish (imported longline)
  • Albacore Tuna (except troll, U.S. longline, and pole and line)
  • Bluefin Tuna: Skipjack (imported purse seine)
  • Yellowfin Tuna (if Atlantic troll or pole and line)

If you’re just whipping up a tuna sandwich at home, you should think sustainably, too. Some brands are vastly better than others.

Eat smarter.

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The Street Art Hiding On The 69th Floor Of One World Trade Center

Is street art still street art if it dwells not on storefronts and avenues but 69 floors up in a Manhattan skyscraper? This is the question at the root of “ART4WTC: Gallery in the Sky,” an artistic collaboration between street art legends in the unlikely setting of One World Trade Center. 

Ron English, Jenna Morello, Lauren YS, Stickymonger and Kimyon333 are among the artists contributing to the project, which collapses the space between renegade, guerrilla artwork and corporate design. 

“What I find so entertaining is this contradiction of terms on all levels,” creative producer Robert Marcucci said in a statement. “And the fact that it is nestled in this very corporate structure gives it the attention I think it deserves ― a proper look at a contemporary art movement born out of a extremely stressed fabric of modern society, that is evolving more and more each day, blending various styles of art and sending a message out to larger audiences.”

Marcucci explained that the recruited artists had free rein to create whatever they so pleased in the space of the open 69th floor, though they were encouraged to seek inspiration from New York City, as well as the memory of 9/11 and ideas of rebirth, strength and patriotism. 

The project, dubbed an “art world in the sky,” captures the strange juxtaposition of corporate wealth and street energy that is unique to New York City. See some of the work below. 

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'Vampyr' is more about who you kill than how you do it

Developer Dontnod has taken a sharp turn from its previous games Life is Strange and Remember Me with Vampyr, but there’s more to think about than just another angle on gender politics. We stopped by the booth and got a guided tour throughout a few s…

Meet the people behind Engadget's $500,000 immersive art grant

Just over a month ago, I announced the Engadget Alternate Realities grant program, an initiative aimed at funding art projects that embrace new media and immersive technologies. With just two weeks left until our submission deadline (June 30th, 2017)…

Amazon is buying Whole Foods for $13.7 billion

In a surprising turn of events, Amazon and Whole Foods Market announced this morning that they are merging; Amazon will acquire the high-end organic food company for approximately $13.7 billion cash. The deal is expected to close during the second ha…

OnePlus 5: Everything you need to know

In just four days, OnePlus will finally reveal what it has been cooking for the past 6 months. Actually it has almost revealed all of that. Most of its user base will probably be more interested to see not just whether OnePlus still has what tit takes to play in the big leagues but to also keep its commitment to … Continue reading

Megyn Kelly To Alex Jones: 'I'm Not Going To Be Barbara Walters'

Adding fuel to the controversial buildup to Megyn Kelly’s upcoming interview with Alex Jones, the conspiracy theorist released late Thursday a secretly recorded conversation with the NBC host.

And it is not flattering to either party, nor Barbara Walters, the celebrated journalist and former NBC “Today Show” host, whom Kelly appeared to diss.

“I’ve never done this in 22 years, I’ve never recorded another journalist,” Jones said in an earlier video on Thursday, which included parts of his off-the-record talk with Kelly. “I’ve never done this but I knew it was a fraud, that it was a lie.”

Jones, who has an audience of millions for his InfoWars show, later posted the extended version (above) of their conversation, in which he injects commentary between his exchanges with Kelly before the interview.

Kelly can be heard telling Jones that the show, due to air Sunday, is not a “gotcha” piece. She finds him “fascinating” and more than a “one-dimensional by,” she says. Kelly promises Jones that she wouldn’t attack him but suggested she wouldn’t be soft either. “Of course I’m doing a fair interview,” she says. “I’m still me. I’m not going to go out there and be Barbara Walters.”

Jones contrasted a preview clip of the actual interview in which the former Fox News host grilled him about his infamous denial of the Sandy Hook massacre with an off-the-record audio clip of him acknowledging to Kelly that “people died there.” 

Echoing what his defense claimed in his divorce trial in April, Jones told Kelly he plays devil’s advocate on his show. “I don’t literally believe what I’m saying,” he says.

After leaking the footage, Jones said of NBC, “What are they going to do, when I’ve got the tapes of what really happened?” 

Jones said he taped NBC’s actual interview as well and would call out the network if its edited version betrayed him.

The InfoWars host added that Kelly was “obsessed with him.”

J.P. Morgan Chase has pulled its local TV ads and digital ads from all NBC News programming, including Kelly’s show, over the interview. And Sandy Hook victims’ families have threatened to sue NBC if it airs the interview Sunday.

An NBC spokesman confirmed in a statement to HuffPost Friday that the network still planned to broadcast the interview, as planned.

“Despite Alex Jones’ efforts to distract from and ultimately prevent the airing of our report, we remain committed to giving viewers context and insight into a controversial and polarizing figure, how he relates to the president of the United States and influences others, and to getting this serious story right,” the spokesman said.

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