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Broker blames 'irrational' Vatican choices for London losses

VATICAN CITY (AP) — One of the principal figures in the Vatican’s bungled London real estate venture testified Monday that the Holy See would have turned a profit on its valuable investment if it hadn...

Banker says he warned Vatican about London fund investor

VATICAN CITY (AP) — The Vatican’s longtime investment banker testified Monday that he repeatedly voiced concerns about a fund that was investing in a troubled London property, but said the Holy See’s ...

Stock market slump unsettling Americans eying retirement

Americans on the cusp of retiring are facing a tough choice as they watch their nest eggs shrink: Stay the course or keep working. A stock market slump this year has taken a big bite...

Recycler in Taiwan finds NT$2 million hidden in discarded air purifier

TAIPEI (Taiwan News) — After a recycling depot employee reported his discovery of NT$2 million (US$67,100) in a discarded air purifier to the police, the money was returned to its owner. CNA ...

French first-division clubs lost $678 million last season.

PARIS (AP) — French first-division soccer clubs lost 645 million euros ($678 million) during the coronvirus-hit 2020-21 season, the league’s financial watchdog said Thursday. The DNC...

Amazon, AbbVie fall, Mohawk Industries, Honeywell rise

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Mohawk Industries Inc., up $10.28 to $141.06. The flooring maker gave investors...

Boeing posts $1.2 billion loss in Q1, worse than expected

Boeing said Wednesday that it lost $1.2 billion in the first quarter as it took large write-downs and lost money in both its civilian-airplane and defense businesses. The loss was bi...

Elon Musk buys Tesla a pounding Chinese headache

Elon Musk may not be concerned about making money from Twitter (TWTR.N). But his $44 billion deal for the social media network has bought what could be a huge political headache. Musk, who Breaking...

U.S. ties North Korean hacker group Lazarus to huge cryptocurrency theft

The United States has linked North Korean hackers to the theft of hundreds of millions of dollars' worth of cryptocurrency tied to the popular online game Axie Infinity, the U.S. Treasury Departme...

Elon Musk wants to buy Twitter, make it 'maximally trusted'

In 10 days, Tesla CEO Elon Musk has gone from popular Twitter contributor and critic to the company's largest individual shareholder to a would-be owner of the social platform — a whirlwind of activit...

Smaller airlines pursue buyouts to bulk up amid recovery

NEW YORK (AP) — Smaller airlines are looking to bulk up to take advantage of an expected recovery in air travel. Fleet size is a key motive for JetBlue’s recent bid to woo budget car...

Pastors sue AME Church over missing retirement funds

ORLANDO, Fla. (AP) — Pastors have filed at least three federal lawsuits in recent weeks against the African Methodist Episcopal Church along with several subsidiaries and financial firms the church us...

California Gov. Newsom and wife earned $1.5 million in 2020

SACRAMENTO (AP) — California Democratic Gov. Gavin Newsom and his wife earned nearly $1.5 million in 2020 and paid about $480,000 in taxes, down from $1.7 million in income the couple reported in 2019...

Good Samaritans return almost all NT$510,000 woman lost on New Taipei street

TAIPEI (Taiwan News) — A woman was very grateful that most of the NT$510,000 in cash (US$17,850) she inadvertently dropped on a New Taipei street on Tuesday night (March 15) was picked up by pas...

'HODL': A typo takes hold as a sound cryptocurrency strategy

Late in 2013, with bitcoin prices in the middle of a steep dip, a post appeared in an online forum featuring a misspelling that would become legendary: “I AM HODLING.” The mangling ...