A book of essays by actor Lili Taylor, a memoir by restaurateur Keith McNally, and a bestseller from Andrew Ross Sorkin about the 1929 stock market crash are among the 11 finalists for a $50,000 literary prize.

Colson Whitehead’s “Crook Manifesto” is this year’s winner of the Gotham Book Prize for an outstanding work about New York City.

NEW YORK A new literary award with a $50,000 cash prize will honor those best at telling a New York story. Wolfson and Tusk are funding the prize themselves and have committed to at least 10 years. Starting next spring, the award will be presented to a book, fiction or nonfiction, published in a given calendar year that is about New York City or takes place there. Celebrated works of the past that would have fit that category include Robert Caro's The Power Broker, Tom Wolfe's The Bonfire of the Vanities and Toni Morrison's Jazz.Jurors for the Gotham prize include filmmaker Ric Burns, poet Safina Sinclair and former New York City schools chancellor Dennis Walcott. The deadline for submissions for the 2020 prize is Nov. 1.

The dramatic day on Capitol Hill highlights the harsh spotlight politicians on both sides of the aisle now place on the country's largest tech companies. Execs from both companies have also suggested that breaking up US tech companies could benefit businesses in other countries, namely China. The tech companies could adopt a similar line of defense if questioned on their more recent investments. Other tech companies can't risk making that same mistake. The tech companies, Melamed says, "no doubt believe, correctly in my view, that there is no way the populists will get legislation this term to break up the companies or anything like that."