MILAN (AP) — The late Italian designer Giorgio Armani instructed his heirs to sell an initial 15% stake in his fashion empire. In his will, he prioritized French conglomerate LVMH, eyewear giant Essilor-Luxottica, or cosmetics company L’Oreal. Armani gave 40% control to his collaborator Leo Dell’Orco, and 15% each to his niece and nephew. The…… MORE
WASHINGTON (AP) — The Environmental Protection Agency has proposed doing away with a program that has required large, mostly industrial polluters to report their planet-warming greenhouse gas emissions to the government. The program requires refineries, power plants, oil wells and landfills to report their emissions without risk of penalty as officials seek to identify high-polluting…… MORE
LONDON (AP) — European Union regulators have accepted Microsoft’s proposed changes to its Teams app to resolve an antitrust investigation. The European Commission announced on Friday that Microsoft’s commitments to unbundle Teams from its Office software suite are enough to address competition concerns. These commitments are legally binding for up to 10 years, allowing Microsoft…… MORE
HARRISBURG, Pa. (AP) — As Big Tech’s data centers continue to grow threatening to overload U.S. electricity grids, policymakers are considering bumping the energy-hungry data centers off grids during power emergencies. Texas moved first to try to protect residents in the data-center hotspot from another deadly blackout like the winter storm in 2021 when dozens…… MORE
Boeing workers have rejected another contract proposal, extending their nearly six-week strike at three Midwest plants. The union representing 3,200 workers announced the decision on Friday. These workers build fighter jets, weapons systems and the U.S. Navy’s first carrier-based unmanned aircraft. They’ve been on strike since Aug. 4, shortly after they rejected an earlier proposal…… MORE