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Chloe sparkles as giant Paris fashion exhibit space opens

Thomas Adamson, Associated Press  |  Posted Feb 27th - 8:32am

Chloe teemed with sparkling detailing at Paris Fashion Week Thursday.

Stocks open sharply lower; Dow 10% below recent record high

The Associated Press  |  Posted Feb 27th - 7:43am

Stocks are opening sharply lower on Wall Street, extending a weeklong rout and bringing the Dow Jones Industrial Average 10% below the record high it hit two weeks ago. Investors continue to dump stocks and shovel money into ultra-safe assets like bonds as they fear that the spreading virus outbreak will weigh heavily on the global economy by slowing down manufacturing, travel and spending. More companies including Microsoft and Budweiser maker InBev are warning their results will be hurt. The Dow lost 393 points, or 1.4%, to 26,586. The S&P 500 lost 48 points, or 1.6%, to 3,068. The Nasdaq fell 179 points, or 2%, to 8,800.

Stocks open sharply lower on Wall Street, bringing Dow Jones industrials 10% below record high they set two weeks ago

The Associated Press  |  Posted Feb 27th - 7:32am

Stocks open sharply lower on Wall Street, bringing Dow Jones industrials 10% below record high they set two weeks ago.

Ex-Baltimore mayor set to be sentenced in book sales scheme

The Associated Press  |  Posted Feb 27th - 7:27am

Former Baltimore Mayor Catherine Pugh is scheduled to be sentenced Thursday in a lucrative, years long scheme that sold her self-published children's books to nonprofits and foundations to promote her political career and fund her run for mayor.

Kobe Bryant handprints, other memorabilia up for auction

The Associated Press  |  Posted Feb 27th - 7:02am

Some key Kobe Bryant memorabilia, including two of his Los Angeles Lakers uniforms and cement handprints from his induction into the Grauman’s Chinese Theater hall of fame gallery, are going up for sale in April.

Dutch consortium unveils ambitious 'green' hydrogen plan

The Associated Press  |  Posted Feb 27th - 6:43am

A Dutch consortium announced an ambitious plan Thursday to create “green” hydrogen using power from a huge offshore wind farm that has yet to be built.

US economy grew at 2.1% rate in Q4 but virus threat looms

Martin Crutsinger, Associated Press  |  Posted Feb 27th - 6:41am

The U.S. economy grew at an annual rate of 2.1% in the final quarter of last year, but damage from the spreading coronavirus is likely depressing growth in the current quarter and for 2020 as a whole.

US orders for durable goods slip 0.2% in January

Paul Wiseman, Associated Press  |  Posted Feb 27th - 6:32am

Orders to U.S. factories for big-ticket manufactured goods dipped in January, pulled down by decreased demand for cars, auto parts and military aircraft.

US economy grew at 2.1% annual rate last quarter but coronavirus could jeopardize future growth

The Associated Press  |  Posted Feb 27th - 6:32am

US economy grew at 2.1% annual rate last quarter but coronavirus could jeopardize future growth.

US orders for durable goods slip 0.2% in January on weaker demand for cars, military aircraft

The Associated Press  |  Posted Feb 27th - 6:31am

US orders for durable goods slip 0.2% in January on weaker demand for cars, military aircraft.

Venice faces new threat from virus after reeling from floods

Renata Brito and Giada Zampano, Associated Press  |  Posted Feb 27th - 5:22am

Still reeling from the effects of major flooding just a few months ago, Venice faces a new emergency: the threat of a new virus outbreak across Italy that is worrying international visitors worldwide and hitting the economy hard.

Prime Minister Boris Johnson's spokesman says UK government will not appeal decision blocking Heathrow Airport expansion

The Associated Press  |  Posted Feb 27th - 4:28am

Prime Minister Boris Johnson's spokesman says UK government will not appeal decision blocking Heathrow Airport expansion.

Officials: Chinese industry recovering, more aid coming

Joe McDonald, Associated Press  |  Posted Feb 27th - 3:49am

Small, mostly private companies that are the engine of China’s economy are back to operating at one-third of normal levels after anti-virus controls shut factories, shops and restaurants, regulators said Thursday, and they promised more low-cost loans and other aid.

UK opens EU trade talks with threat to walk away

Jill Lawless, Associated Press  |  Posted Feb 27th - 3:48am

Britain laid out its opening demands for the upcoming trade talks with the European Union on Thursday, including a blunt threat to walk away from the negotiating table if there is no progress within four months.

Campaigners win court challenge to block Heathrow expansion on environmental grounds

The Associated Press  |  Posted Feb 27th - 3:17am

Campaigners win court challenge to block Heathrow expansion on environmental grounds.

UK court blocks Heathrow expansion over climate concerns

Danica Kirka and Jill Lawless, Associated Press  |  Posted Feb 27th - 2:15am

Campaigners won a court ruling Thursday to block the plan for a third runway at Heathrow Airport on environmental grounds, setting the stage for a new fight over whether to make Europe's biggest airport even bigger.

World stocks slide on signs virus outbreak is spreading

Elaine Kurtenbach, Associated Press  |  Posted Feb 26th - 11:38pm

someone in California who appears not to have the usual risk factors of having traveled abroad or being exposed to another patient.

Trump urges calm even as US reports worrisome new virus case

Lauran Neergaard and Ricardo Alonso-Zaldivar, Associated Press  |  Posted Feb 26th - 10:24pm

President Donald Trump declared that a widespread U.S. outbreak of the new respiratory virus sweeping the globe isn't inevitable even as top health authorities at his side warned Americans that more infections are coming.

Michigan adoption fraudster sentenced to 10 years in prison

Ed White, Associated Press  |  Posted Feb 26th - 5:51pm

A Michigan woman who ripped off dozens of couples seeking to adopt children while spending their money on luxury handbags, jewelry and household upgrades was sentenced Wednesday to more than 10 years in prison, although a judge said a life term would be more appropriate.