Canceled: The opening of the Morganza Spillway planned for this Sunday has been postponed indefinitely as the Army Corps of Engineers no longer expects to need it, The Daily Advertiser reports. Corps New Orleans District spokesperson Rocky Boyett confirmed the cancellation, saying, “based on this current forecast, the Morganza is not required at this moment, so we are going to postpone indefinitely for now.” Read the full story.
Relief in sight: The Federal Communications Commission voted this morning on a policy to help shield consumers from unwanted telemarketers and scammers, Bloomberg reports. The agency authorized carriers to automatically identify and block unwanted robocalls by using analytics to hone in on robocall sources and attempt to thwart them. The measure applies to both landline and wireless telephone systems. Read the full story.
Bought up: Barnes & Noble Inc. is nearing a deal to be bought by hedge fund Elliott Management Corp., The Wall Street Journal reports, as the nation’s largest bookstore chain seeks a new owner following years of decline. Elliott is the lead bidder in an auction that could come to a head soon. Barnes & Noble had a market value of about $311 million as of this afternoon. Read the full story.