Breaking News . . . Earlier we heard word that Ferran Adria would close his restaurant El Bulli for a two year period from 2011-2013. Now he has announced that he will be closing permanently in December 2011. The restaurant along with his cooking workshop in Barcelona has been losing money at the tune of a half million Euros a year, although as we mentioned in our post on the two-year closure, the cookbooks are generating a large income. Instead of opening a new restaurant he will use any resulting funds to open an academy devoted to the study of molecular and other gastronomic studies; the academy will sponsor scholarships to allow the most talented chefs from around the world to attend.