UNITED NATIONS (AP) — The U.N. humanitarian agency said it is cutting its 2,600 staff who operate in more than 60 countries by 20% because of "brutal cuts" in funding that have left it with a nearly $60 million shortfall. U.N. humanitarian chief Tom Fletcher said in a letter obtained Friday ...
NEW YORK (AP) — The upheaval in stocks has been grabbing all the headlines, but there is a bigger problem looming in another corner of the financial markets that rarely gets headlines: Investors are dumping U.S. government bonds. Normally, investors rush into Treasurys at a whiff of ...
NEW YORK (AP) — New York Helicopter has plied the skies around New York City landmarks for decades. But the company had some difficulties before one of its sightseeing choppers plummeted into the Hudson River this week, killing all six people aboard. There was a close call in 2013, when ...
Many of the world's largest shipping nations decided on Friday to impose a minimum fee of $100 for every ton of greenhouse gases emitted by ships above certain thresholds, in what is effectively the first global tax on greenhouse gas emissions. The International Maritime Organization ...
WASHINGTON (AP) — U.S. consumer sentiment plunged in April, the fourth consecutive month of declines, in a seemingly sharp rebuke of President Donald Trump's trade wars that have fueled anxiety over possible job losses and rising inflation. The preliminary reading of the University of ...
ROME (AP) — The Prada Group announced a deal Thursday to buy crosstown Milan fashion rival Versace from the U.S. luxury group Capri Holdings under terms that values one of the most recognizable names in Italian fashion at 1.25 billion euros ($1.4 billion). The deal will put Versace, known ...
