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MONEY NEWS FROM THE ASSOCIATED PRESS

Money

  • Venice braces for another exceptional tide, tourists flee

    VENICE, Italy (AP) — Venetians are bracing for the prospect of another exceptional tide in a season that is setting records. Officials are forecasting a 1.6 meter (5 feet, 2 inch) surge of water Sunday through the lagoon city. That comes after Tuesday’s 1.87-meter flood, the worst in 53 years, followed by high tide of […]
  • Iran’s top leader warns ‘thugs’ as protests reach 100 cities

    DUBAI, United Arab Emirates (AP) — Iran’s supreme leader on Sunday cautiously backed the government’s decision to raise gasoline prices by 50% after days of widespread protests, calling those who attacked public property during demonstrations “thugs” and signaling that a potential crackdown loomed. The government shut down internet access across the nation of 80 million […]
  • Italy’s white truffle hunters worry about climate change

    ALBA, Italy (AP) — Rising global temperatures are worrying truffle hunters around the Italian town of Alba, where the most prized specimens can fetch twice the price of gold. This particularly warm October, eight out of 10 white truffles unearthed by Carlo Olivero with his trusty 3-year-old dog Steel were dark, withered and dried out. […]
  • Saudi Aramco seeks record-setting IPO with value up to $1.7T

    DUBAI, United Arab Emirates (AP) — Saudi Arabia’s state-owned oil giant Aramco announced Sunday it will sell a 1.5% stake in the company as it looks to raise as much as $25.6 billion from the sale, potentially becoming the most-valuable initial public offering in history. The newly released figures also revealed a valuation for the […]
  • Walmart alters disability reassignment policy to settle suit

    AUGUSTA, Maine (AP) — Walmart has agreed to change its national policy for reassigning disabled workers to settle a lawsuit brought by the U.S. Equal Employment Opportunity Commission in Maine. The settlement requires Walmart to offer disabled workers a vacant position in up to five nearby stores instead of just an employee’s current location. Walmart […]
  • Sandy Hook lawsuit could force Remington to open books

    A recent ruling by the U.S. Supreme Court has upended a longstanding legal roadblock that has given the gun industry far-reaching immunity from lawsuits in the aftermath of mass killings. The court this week allowed families of victims of the 2012 Sandy Hook school massacre to sue the maker of the AR-15 used in the […]
  • Utah school from ‘High School Musical’ may get tourist boost

    SALT LAKE CITY (AP) — The Utah high school where the Disney movie “High School Musical” was filmed over a decade ago has become a tourist destination, and the trend could grow with the premiere of Disney’s new streaming service series based on the film. Much of the popular 2006 movie was filmed at East […]
  • Microsoft hires ex-AG Holder to audit face-scanning firm

    Microsoft is hiring former U.S. Attorney General Eric Holder to review its investment in a facial recognition startup that scans faces at Israeli military checkpoints. Microsoft said in a statement Friday that Holder will lead a team of former federal prosecutors conducting an audit. Its aim is to determine whether Israeli firm AnyVision’s technology applications […]
  • AP FACT CHECK: Impeachment hearings and that Trump tweet

    WASHINGTON (AP) — President Donald Trump said he was just exercising his right to free speech. Democrats said he was intimidating a witness. Whichever is the case, Trump’s Twitter assault on an ex-ambassador’s record came with a heavy dose of distortion. He portrayed her, in a few choice words, as a wrecking ball in every […]
  • Boeing says it has to ‘re-earn’ public’s trust after crashes

    DUBAI, United Arab Emirates (AP) — A senior Boeing executive said Saturday the company knows it has to re-earn the public’s trust as it works to win approval from U.S. regulators to get its grounded 737 Max jets flying again after crashes that killed 346 people. Stan Deal, president and CEO of Boeing Commercial Airplanes, […]