Business

Billionaire says $2.3 billion Banamex stake signals confidence in Mexico’s economy

Billionaire says $2.3 billion Banamex stake signals confidence in Mexico’s economy

MEXICO CITY (AP) — A day after Citigroup announced it would sell a 25% stake in Banamex to billionaire Fernando Chico Pardo, the Mexican businessman said his $2.3 billion investment should be read...

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Chicago approves $90M settlement for police corruption cases

Chicago approves $90M settlement for police corruption cases

CHICAGO (AP) — The Chicago City Council on Thursday unanimously approved a $90 million settlement for nearly 200 civil rights violations involving a notorious former police sergeant who framed peo...

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New import taxes: Trump targets cabinets, furniture and trucks

New import taxes: Trump targets cabinets, furniture and trucks

WASHINGTON (AP) — President Donald Trump said Thursday that he will put import taxes of 50% on kitchen cabinets and bathroom vanities, 30% on upholstered furniture and 25% on heavy trucks starting...

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Microsoft reduces Israel’s access to AI products over Gaza mass surveillance

Microsoft reduces Israel’s access to AI products over Gaza mass surveillance

WASHINGTON (AP) — Microsoft said Thursday it had disabled services to a unit within the Israeli military after a company review had determined its artificial intelligence and cloud computing produ...

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Prada’s Milan runway explores freedom in fashion

Prada’s Milan runway explores freedom in fashion

MILAN (AP) — Prada’s cavernous showroom was awash in bright orange paint Thursday for a women’s collection that swerved from cocooning to revealing, rigorous to feminine. Co-creative directors Miu...

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Woman sues Universal Orlando Resort over roller coaster injuries

Woman sues Universal Orlando Resort over roller coaster injuries

ORLANDO, Fla. (AP) — A woman has sued Universal Orlando Resort, claiming she was injured on a roller coaster at its newest theme park. The lawsuit, filed Wednesday, comes a week after a man died f...

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