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Venice officials defend day-tripper tax, but delay the decision on extending it
MILAN — Venice city officials said Friday that the day-tripper tax netted 2.4 million euros ($2.6 million) during a test phase this summer, and that decisions on how to proceed would be made in the fall after a full analysis of the data. According to the city, the 5-euro tax was paid 485,062 times over the 29 test days, mostly weekends and holidays, from April…
Tech outage latest | Airlines and others rush to get back on track after global tech disruption
Transport providers, businesses and governments on Saturday are rushing to get all their systems back online after long disruptions following a widespread technology outage. The biggest continuing effect has been on air travel. Carriers canceled thousands of flights on Friday and now have many of their planes and crews in the wrong place, while airports facing continued problems with checking in and security. At the…
Disneyland workers authorize potential strike ahead of ongoing contract negotiations
Thousands of workers at Disney’s theme park and resort properties in California have voted to authorize a potential strike, as contract negotiations drag on ANAHEIM, Calif. — Thousands of workers at Disney’s theme park and resort properties in California voted late Friday to authorize a potential strike, as contract negotiations drag on over wages, sick leave and other benefits. The strike authorization was approved by…
Malicious actors trying to exploit global tech outage for their own gain
As the world continues to recover from massive business and travel disruptions caused by a faulty software update from cybersecurity firm CrowdStrike, malicious actors are trying to exploit the situation for their own gain. Government cybersecurity agencies across the globe and CrowdStrike CEO George Kurtz are warning businesses and individuals about new phishing schemes that involve malicious actors posing as CrowdStrike employees or other tech…
China’s central bank cuts a key interest rate, moving to revive property sales and put more pep into its slowing...
China’s central bank cuts a key interest rate, moving to revive property sales and put more pep into its slowing economy ByThe Associated Press July 22, 2024, 12:19 AM BEIJING — China’s central bank cuts a key interest rate, moving to revive property sales and put more pep into its slowing economy. Read More
The biggest of stories came to the small city of Butler. Here’s how its newspaper met the moment
BUTLER, Pa. — When gunshots echoed at the Trump rally where she was working, Butler Eagle reporter Irina Bucur dropped to the ground just like everyone else. She was terrified. She hardly froze, though. Bucur tried to text her assignment editor, through spotty cell service, to tell him what was going on. She took mental notes of what the people in front and behind her…
Delta Air Lines says cancellations continue as it tries to restore operations after tech outage
Airlines, including Delta Air Lines, continued to struggle to restore operations two days after a faulty software update caused technological havoc worldwide and resulted in several carriers grounding flights NEW YORK — Airlines, including Delta Air Lines, continued to struggle to restore operations two days after a faulty software update caused technological havoc worldwide and resulted in several carriers grounding flights. Total cancellations within, into…
China’s central bank cuts interest rates, moving to put more pep into the economy
BANGKOK — China’s ruling Communist Party released a 50-page roadmap addressing long-term challenges confronting the world’s second-largest economy, while the central bank cut key interest rates Monday in a surprise move to pep up the struggling property sector. The action by the People’s Bank of China was a short-term adjustment that appeared to signal a recognition that the economy needs immediate help to complement the…
Stock market today: World shares are mixed, Chinese indexes sink, after Wall St snaps losing streak
Asian stocks mostly fell on Wednesday as markets digested Japanese and Australian business data, after U.S. stocks held relatively steady as earnings reporting season ramped up for big companies. U.S. futures fell while oil prices were higher. Japan’s benchmark Nikkei 225 slipped 0.2% in morning trading to 39,508.84, with the Japanese yen trading at its highest level in months ahead of a Bank of Japan…
Stock market today: Asian shares fall after Wall St ends worst week; Biden withdraw from 2024 race
BANGKOK — Shares were mostly higher Tuesday in Asia after U.S. stocks closed broadly higher, as Big Tech stocks took back some of their recent sharp declines. U.S. futures edged lower and oil prices were little changed. Tokyo’s Nikkei 225 recovered from early losses, edging 0.1% higher to 39,621.28. Chinese markets declined, with the Hang Seng in Hong Kong down 0.1% to 17,620.16. The Shanghai…