Franklin Resources is buyingrival investment managerLegg Mason for $4.5 billion, the latest shakeup in an industry grappling with customers who continue to clamor for lower fees. Franklin Resources Inc., which operates as Franklin Templeton, said Tuesday that it will pay $50in cash for each Legg Mason Inc. share, which is 23% higher than they were trading before the holiday weekend. It will also assume about $2 billion in outstanding debt. The deal will create a company with a combined $1.5 trillion in assets under management across stocks, bonds and alternative investments. Besides significant size, the deal would also provide the combined company with better diversification. Analysts called it a win-win deal and Wall Street saw it the same way.

Small business owners have received some upbeat news on the economy this month. Retail sales figures released Friday showed that consumers were inspired by unseasonably warm weather to spend on their homes in January, but that overall sales growth was modest. The Commerce Department reported a 0.3% gain last month following a 0.2% gain in December. Although economists called the report disappointing, they noted that more consumers are working, a good omen for higher retail sales in the coming months. January employment reports from the Labor Department and payroll processor ADP showed strong job growth at companies of all sizes. The ADP report also showed that small businesses are joining larger companies in stepping up their hiring.

Israel’s Central Election Committee announced on Tuesday that special polling stations may be established for Israeli citizens who are in their 14 days of self-quarantine after returning from China, Thailand, Hong Kong, Macau, Singapore and Hong Kong. The Central Election Committee made the announcement after meeting with senior Health Ministry officials about the potential impact of the coronavirus on the upcoming election on March 2. “Polling stations are currently in public spaces so the Health Ministry requested assistance in the matter,” the Central Elections Committee stated. The committee added that the polling stations will not be in the same buildings as “regular” polling stations and may even be established in hospitals.

According to a report by the Aram Alliance on Twitter, the Iranian regime is threatening to turn the tombs of Mordechai Hatzadik and Esther Hamalka into a Palestinian embassy. The Aram Alliance is a group that promotes the rights of minorities in Iran.  According to another report also emanating from Twitter, a faction of the Revolutionary Guards known as the Basij, attempted to raid the historic site in an act of revenge on the Jewish people for Trump announcing his peace plan. It should be noted that Basij, being part of the IRGC, is designated as a “terror organization” by the governments of the United States, Bahrain, and Saudi Arabia. Official channels have not yet commented on the reports, but the reports have caused a stir among supporters on social media.

The IDF announcement on Monday that the body of the terrorist who carried out the shooting attack at the Parsa Junction near Dolev in the Binyamin region two and a half weeks ago was located left many unanswered questions. How and when did the terrorist die and how did security forces finally locate his body after a 10-day manhunt? An undercover Channel 12 reporter joined Israeli security forces, including the Shin Bet and Kfir and Duvdevan Brigades, in their search for the terrorist in Palestinian villages west of Ramallah, with most of their times spent in the dangerous village of Niama, where they interrogated villagers and searched courtyards, abandoned storage rooms and hidden caves.

How the former Rav of Denver Planted the Seeds for a Taharah Revolution in Eretz Yisrael One night Rabbi Efrayim Zalman Halpern, zt”l, was walking along a deserted street in Denver, Colorado. He realized that a large truck had pulled up next to the kosher meat factory at the end of the road. Despite the darkness, Rabbi Halpern could make out a few shadowy figures passing huge crates over the fence and into the factory yard.  Rabbi Halpern stopped short and looked on in amazement at the scene unfolding before his eyes; the factory was under his hashgachah! The local Jews trusted him implicitly and purchased the meat products without hesitation. He had earned that trust by taking all necessary precautions to ensure the kashrus of the factory.

Sanad al-Turman, who carried out the ramming attack in Jerusalem about two weeks ago, recorded a video of himself reading a poem about murdering Israelis and uploaded it to the Internet prior to the attack. Following his arrest by Israeli security forces, al-Turman and his relatives claimed that the incident was an accident. Israeli media watchdog group, Palestinian Media Watch, discovered the video on Fatah’s official Facebook page, which was recorded on the same day of the attack. Fatah, which is the party of Palestinian Authority chairman Mahmoud Abbas, also uploaded the video to their Twitter account.

A person was stabbed at the Finkelstein Library on Tuesday afternoon. Monsey Hatzolah was working on the victim reportedly in traumatic arrest. The victim is reportedly a non-Jewish employee at the library. Sources tell YWN that Jewish employees held down the attacker who was taken into custody by Ramapo Police. Rockland Chaveirim are on scene as well. DEVELOPING STORY – REFRESH FOR UPDATES
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A person hiking in SOuthern israel came across a helmet of what appeared to be an IDF pilot. After notifying authorities, it was determined that the helmet belonged to IDF pilot Maj. Danny Gori Z”L. Gori was killed when his plane went down in an exercise in 1984. Hie remains were found and brought to kevurah. According to the IDF Spokesperson, the hiker posted a photo of the helmet on Facebook along with the caption “Gori”. Representatives of the IAF’s missing and investigating branch immediately contacted the hiker to identify the exact location where the helmet was located. After checking the information, a team was set up to locate and return the helmet to the pilot family, which was updated with all the details.

The suspect accused in the Monsey Hanukkah stabbings is back in court today. A doctor hired by the attorney for Grafton Thomas recently determined he is not competent to stand trial. The psychiatric examination also shows he has schizophrenia. The Greenwood Lake man is facing six counts of attempted murder and other charges stemming from the stabbings at a rabbi’s home in December. He has pleaded not guilty. Meanwhile, a court ruled that attorney Michael Sussman may continue representing Thomas. Prosecutors were looking to remove Sussman, arguing he is a witness in the case after he searched a home Thomas may have lived in a few years ago and removed evidence. NEW YORK: now at the court case on the Monsey Stabbing terrorist, Grafton Thomas, at the New City Courthouse.