Draghi nets wide support to lead Italian government, for now
<p>ROME — Former European Central Bank chief Mario Draghi secured pledges of backing from nearly every party represented in the Italian Parliament as he...
Breaking down the tax implications of PPP loans
<p>The approaching tax season is raising fresh questions for business owners who received a loan through the <a href="https://www.nerdwallet.com/article/small-business/paycheck-protection-program?utm_campaign=ct_prod&utm_source=ap&utm_medium=mpsyn">Paycheck Protection Program</a>.</p>
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Brewer Heineken to cut 8,000 jobs after pandemic losses
THE HAGUE, Netherlands — Dutch beer brewer Heineken said Wednesday it plans to cut 8,000 staff, nearly 10% of its global workforce, as part...
Germany to let citizens store ID cards on smartphone
<p>BERLIN — Germany says its citizens will be able to use smartphones to store their government-issued ID cards and prove their identity online.</p>
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Austria warns against travel to Tyrol, eases virus curbs
VIENNA — Austria on Monday issued a warning against travel to its Tyrol province amid concerns over cases of a coronavirus variant first discovered...
Big move: Small stocks roar after years of getting trampled
NEW YORK — Small stocks are delivering the biggest punch on Wall Street.
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Online grocery shopping drives up sales at Ocado
LONDON — Ocado, one of the biggest internet-only grocery retailers, said Tuesday that sales rose 35% during the last fiscal year as the COVID-19...
Ex-Nissan boss’ accused smugglers seek Supreme Court’s help
BOSTON — An American father and son accused of sneaking former Nissan boss Carlos Ghosn out of Japan in a box asked the U.S....
Mercedes recalls vehicles for emergency-call location error
<p>NEW YORK — Mercedes-Benz is recalling more than 1.3 million vehicles because the software in their emergency-call systems could send responders to the wrong...
World’s biggest shipper reports rebound in business
COPENHAGEN, Denmark — The world’s biggest shipping company, Denmark’s A.P. Moller-Maersk, on Wednesday reported a sharp rise in earnings for the fourth quarter, when...