What Disney Princess Spun Hair Into Gold

World shares extend gains in thin pre-Christmas trading

World shares are higher after stocks advanced on Wall Street, buoyed by encouraging reports about the potential impact of the omicron variant of coronavirus

32 minutes ago

A woman walks past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Thursday, Dec. 23, 2021. Asian shares were modestly higher Thursday after stocks closed higher on Wall Street with encouraging reports about the potential impact of the omicron variant of coronavirus and stronger U.S. economic data. (AP Photo/Vincent Yu)

Intel apologizes for asking suppliers to avoid Xinjiang

Intel Corp. has apologized for asking suppliers to avoid sourcing goods from Xinjiang after the chipmaker became the latest foreign brand attacked by state media over the region where authorities are accused of widespread abuses

2 hours ago

Amazon drivers wait next to their delivery vans for their logistics systems to be back online at the Amazon Delivery Station in Rosemead, Calif., Tuesday, Dec. 7, 2021. Amazon Web Services suffered a major outage Wednesday. The company provides cloud computing services to individuals, universities, governments and companies, including The Associated Press. (AP Photo/Damian Dovarganes)

Asian shares track Wall St higher on upbeat US data

Asian shares are modestly higher after stocks advanced on Wall Street with encouraging reports about the potential impact of the omicron variant of coronavirus

December 23

A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, Dec. 22, 2021. Asian stock markets followed Wall Street higher Wednesday after President Joe Biden reassured investors by calling for vaccinations and testing but no travel curbs in response to the omicron coronavirus variant. (AP Photo/Ahn Young-joon)

Organizers say Tokyo Olympics cost $1.8B less than expected

Tokyo Olympic organizers say the cost of the Games is estimated to be $1.8 billion less than anticipated

December 23

FILE - Fireworks illuminate over National Stadium during the closing ceremony of the 2020 Tokyo Olympics, Aug. 8, 2021, in Tokyo. Tokyo Olympic organizers on Wednesday, Dec. 22 say the cost of the Games is estimated to be $1.8 billion less than anticipated. Official estimates over the last year said the costs would be $15.4 billion, and organizers now say that number is estimated to be $13.6 billion. Officials said the reduction in costs was because there were no fans and therefore no labor costs. (AP Photo/Kiichiro Sato, file)

Hungary's PM denounced in Bosnia for anti-Muslim rhetoric

Bosnian officials and religious leaders have denounced suggestions voiced by Hungarian Prime Minister Viktor Orban and his spokesman that the integration of Bosnia into the European Union will be challenging because of its large Muslim population

December 22

FILE - Hungary's Prime Minister Viktor Orban arrives for an Eastern Partnership Summit in Brussels, Dec. 15, 2021. Bosnian officials and religious leaders have denounced suggestions voiced by Hungarian Prime Minister Viktor Orban and his spokesman that the integration of Bosnia into the European Union will be challenging because of its large Muslim population. Orban's spokesman Zoltan Kovacs has tweeted that

Existing home sales, median price edged up in November

Sales of previously occupied U.S. homes rose for the third straight month in November, reflecting strong demand, low mortgage rates and intense competition for a relatively low number of properties on the market

December 22

his is a home for sale in Mount Lebanon, Pa., on Tuesday, Sept. 21, 2021. Sales of previously occupied U.S. homes rose for the third straight month in November, driven by strong demand, low mortgage rates and intense competition for a relatively low number of properties on the market. The National Association of Realtors said Wednesday, Dec. 22, that existing homes sales rose 1.9% last month from October to a seasonally-adjusted annual rate of 6.46 million units. (AP Photo/Gene J. Puskar)

Biden and Dems scramble to salvage social, climate package

President Joe Biden, along with progressive and moderate Democrats, appears determined to return to the negotiating table with Sen. Joe Manchin

December 22

President Joe Biden speaks about the COVID-19 response and vaccinations, Tuesday, Dec. 21, 2021, in the State Dining Room of the White House in Washington. (AP Photo/Patrick Semansky)

Live updates: Cases spike in Australia after lockdowns nixed

Australia is reporting a major spike in coronavirus infections a day after Prime Minister Scott Morrison rejected lockdowns or mask mandates to slow the spread of the omicron variant

December 22

Holdiaymakers enjoy a day at Strand Beach near Cape Town, South Africa, Tuesday, Dec. 21, 2021. South Africa's drop in new COVID-19 cases in recent days may signal the country's dramatic omicron-driven surge has passed its peak, medical experts say. (AP Photo/Nardus Engelbrecht)

US economy grew at 2.3% rate in Q3, up from earlier estimate

The U.S. economy grew at a 2.3% rate in the third quarter according to a third and final estimate of the nation's economic growth for that period

December 22

Trucks line up to enter a Port of Oakland shipping terminal, Nov. 10, 2021, in Oakland, Calif. The U.S. economy grew at a 2.3% rate in the third quarter, the Commerce Department said Wednesday, Dec. 22. But prospects for a solid rebound going forward are being clouded by rising worries about the rapid spread of the new omicron virus.

Supporters rally for trucker sentenced to 110 years in crash

Relatives, lawmakers and other supporters are pleading for clemency for a trucker sentenced to 110 years in prison after an explosive brake-failure crash that left four people dead in Colorado

December 22

FILE - This 2019 photo provided by the Lakewood Police Department shows Rogel Aguilera-Mederos. Aguilera-Mederos, who was convicted in October 2021 of causing a fiery pileup that killed four people and injured six others on Interstate 70 west of Denver in April 2019, was sentenced Monday, Dec. 13 to 110 years in prison. (Lakewood Police Department via AP, File)

How major US stock indexes fared Wednesday

Stocks closed higher on Wall Street Wednesday, adding to the week's gains ahead of the Christmas holiday

December 22

White House downplays Secret Service estimate of COVID fraud

The White House is downplaying a statement by the U.S. Secret Service that nearly $100 billion at minimum has been stolen from COVID-19 relief programs

December 22

White House press secretary Jen Psaki speaks during a press briefing at the White House, Wednesday, Dec. 22, 2021, in Washington. (AP Photo/Patrick Semansky)

Port of Los Angeles set to break cargo record in 2021

The port said it anticipates processing about 10.7 million Twenty-Foot Equivalent Units (TEUs) this year, a 13% increase from its 2018 record.

December 22

Paychex, Tesla rise; CalAmp, Allakos fall

Stocks that traded heavily or had substantial price changes Wednesday: Paychex, Tesla rise; CalAmp, Allakos fall

December 22

Yuengling accuses Bud Light of trampling on trademark

A trademark tiff between America's oldest beer maker and its best-selling beer brand appears to be over before it really began

December 22

Russian pipeline faces big hurdles amid Ukraine tensions

Russia's natural gas pipeline to Europe is built and filling with gas

December 22

FILE - The Russian pipe-laying ship 'Akademik Tscherski' which is on deployment for the further construction of the Nord Stream 2 Baltic Sea pipeline is moored at the port of Mukran on the island of Ruegen, Germany, on Sept. 8, 2020. Russia's natural gas pipeline to Europe is built and ready to flow. But not so fast. The Nord Stream 2 pipeline faces a rocky road ahead. First there's statement by the U.S. secretary of state that gas won't flow if Russia launches military aggression against Ukraine. (Jens Buettner/dpa via AP, File)

Closing prices for crude oil, gold and other commodities

Closing prices for crude oil, gold and other commodities, and foreign exchange levels

December 22

Nigeria destroys 1 million expired donated COVID-19 vaccines

Nigeria has had to destroy more than 1 million doses of AstraZeneca's COVID-19 vaccine that were too close to their expiry date to be used

December 22

Expired COVID-19 vaccines are being destroyed by government officials in Abuja, Nigeria. Wednesday, Dec. 22, 2021. Nigeria destroyed more than 1 million expired doses of AstraZeneca's COVID-19 vaccine on Wednesday after authorities said they could not be used before their expiration date. (AP Photo/Olamikan Gbemiga)

EU takes aim at Poland amid fears for bloc's legal order

The European Union is launching legal action against Poland over recent decisions by one of the country's top courts which have raised troubling questions about the 27-nation bloc's legal order

December 22

European Commission President Ursula von der Leyen, center, speaks with European Commissioner for Budget and Administration Johannes Hahn, left, and European Commissioner for Economy Paolo Gentiloni during a meeting of the College of Commissioners at EU headquarters in Brussels on Wednesday, Dec. 22, 2021. (AP Photo/Virginia Mayo, Pool)

Belgium to tighten COVID rules to counter rise of omicron

Belgium has decided to further tighten restrictions in anticipation of the surging omicron variant

December 22

Two people walk by a Christmas projection on the Steen Castle in the historical center of Antwerp, Belgium, Monday, Dec. 20, 2021. Nations across Europe have moved to reimpose tougher measures to stem a new wave of COVID-19 infections spurred by the highly transmissible omicron variant, with the Netherlands leading the way by imposing a nationwide lockdown. Neighbouring Belgium will hold its government meeting on Wednesday to decide if new measures will be taken. (AP Photo/Virginia Mayo)

US consumer confidence rises despite omicron, higher prices

U.S. consumer confidence rose this month as Americans shrugged off concerns about rising prices and COVID'-19′s highly contagious omicron variant

December 22

A shopper shops at a retail store in Glenview, Ill., Thursday, Dec. 16, 2021. The National Retail federation, the nation's largest retail trade group, said this month that the holiday shopping season appears to be on pace to exceed its sales growth forecast of between 8.5% and 10.5% despite additional challenges this year, from a new variant of the coronavirus, to soaring inflation. (AP Photo/Nam Y. Huh)

Spain to adopt mask-wearing outdoors amid record virus surge

Spanish Prime Minister Pedro Sánchez is convening a special Cabinet meeting Thursday to pass a decree-law that makes it mandatory to wear masks outdoors amid a record surge in COVID-19 cases

December 22

Spain's Prime Minister Pedro Sanchez arrives for an EU Summit at the European Council building in Brussels, Thursday, Dec. 16, 2021.European Union leaders meet for a one-day summit Thursday that will center on Russia's military threat to neighbouring Ukraine and on ways to deal with the continuing COVID-19 crisis. (Kenzo Tribouillard, Pool Photo via AP)

In Greece, taxis help with race to deliver booster shots

Public health authorities in Greece have stepped up a campaign to deliver booster shots to seniors and people with mobility difficulties at home, with some agencies using taxi companies to take healthcare workers to where the vaccinations are needed

December 22

Nurse Panagiotis Bozionelos, left, puts vaccines in a cab as pneumologist Aneza Roussou, right, keeps notes and taxi driver Theodoros Prionidis waits outside Health Center in Halandri, northern Athens, Greece, Wednesday, Dec. 22, 2021. Public health authorities in Greece have stepped up a campaign to deliver booster shots to seniors and people with mobility difficulties at home – with one agency outside Athens hiring taxis to take healthcare workers to where the vaccinations are needed. (AP Photo/Thanassis Stavrakis)

WHO chief: Blanket booster drives risk prolonging pandemic

The head of the World Health Organization is warning that blanket booster programs in rich countries risk prolonging the world's battle with COVID-19

December 22

Tedros Adhanom Ghebreyesus, Director General of the World Health Organization (WHO), talks to the media regarding the coronavirus COVID-19 and WHO's global health priorities in 2022, during a new press conference, at the World Health Organization (WHO) headquarters in Geneva, Switzerland, Monday, Dec. 20, 2021. (Salvatore Di Nolfi/Keystone via AP)

Russian FM: Security talks with US, NATO to start next month

Russia's top diplomat says that Russian and U.S. negotiators will sit down for talks early next year to discuss Moscow's demand for Western guarantees precluding NATO's expansion to Ukraine

December 22

FILE - In this photo released by the Russian Foreign Ministry Press Service, Russian Foreign Minister Sergey Lavrov pauses during his and Brazilian Foreign Minister Carlos Franca's joint news conference following their talks in Moscow, Russia, Nov. 30, 2021. Russia's top diplomat on Wednesday, Dec. 21 says that Russian and U.S. negotiators will sit down for talks early next year to discuss Moscow's demand for Western guarantees precluding NATO's expansion to Ukraine. (Russian Foreign Ministry Press Service via AP, File)

Tesla video game feature under investigation

The agency seeks to "evaluate the driver distraction potential" of the feature.

December 22

Vince Patton, a new Tesla owner, demonstrates on Dec. 8, 2021, on a closed course in Portland, Ore., how he can play video games on the vehicle's console while driving.

Nebraska project finds key minerals, but can it mine them?

One day, a mining company hopes to dig up rare materials in one corner of Nebraska that would be used to make steel and aluminum stronger

December 22

NioCorp Chief Operating Officer Scott Honan tells a group of investors about the plans for a proposed mine in southeast Nebraska, on Oct. 6, 2021 in Elk Creek, Neb. The company hopes to build a mine in to extract critical minerals if it can raise $1 billion. (AP Photo/Josh Funk)

Austria tamps down New Year's Eve parties to fight omicron

Austria has announced a slate of new measures aimed at slowing the spread of the omicron variant, including closing restaurants earlier and imposing stricter entry requirements from countries where the variant is already dominant

December 22

FILE - A man receives a COVID-19 vaccine on the second day of a national lockdown to combat soaring coronavirus infections, in Vienna, Austria, Nov. 23, 2021. The government announced last month that it would implement a general vaccine mandate early next year, becoming the first European country to do so. (AP Photo/Vadim Ghirda, File)

US probes potential of drivers playing video games in Teslas

A complaint was made over the level of distraction from 'Passenger Play'.

December 22

FILE - Vince Patton, a new Tesla owner, demonstrates on Dec. 8, 2021, on a closed course in Portland, Ore., how he can play video games on the vehicle's console while driving. The U.S. has opened a formal investigation into a report that Tesla vehicles allow people to play video games on a center touch screen while they are driving. (AP Photo/Gillian Flaccus, File)

US economy grew at 2.3% rate in Q3, up from earlier estimate

The U.S. economy grew at a 2.3% rate in the third quarter, the Commerce Department said Wednesday

December 22

Dutch prosecutors demand life sentences in MH17 downing

Dutch prosecutors have demanded life sentences against four suspects in the downing of Malaysia Airlines flight MH17 over eastern Ukraine in 2014

December 22

Presiding judge Hendrik Steenhuis, right, looks at a television monitor during the ongoing trial and criminal proceedings regarding the downing of Malaysia Airlines flight MH17, at the high security court at Schiphol airport, near Amsterdam, Netherlands, Monday Dec. 20, 2021. Prosecutors are scheduled to begin explaining evidence and their case to judges Monday in the murder trial of three Russians and a Ukrainian charged with involvement in downing Malaysia Airlines flight MH17 over eastern Ukraine in 2014, killing all 298 passengers and crew. (AP Photo/Peter Dejong)

Japanese space tourist says he would love longer flight

A Japanese space tourist says he felt his 12-day mission to the International Space Station was too short and he would love to stay a week more

December 22

Japanese space tourist Yusaku Maezawa speaks during an interview with The Associated Press from the International Space Station, ISS, Monday, Dec. 13, 2021. Maezawa said he experienced motion sickness after arriving at the space outpost and it took him a few days to adapt to zero gravity. (Roscosmos Space Agency via AP)

Spain's huge Christmas lottery offers distraction from virus

Spaniards looking for a respite from the pandemic's gloom have found some cheer with a rite that for more than two centuries has marked the beginning of the festive period: the country's bumper Christmas lottery, known as "El Gordo," or "The Fat One."

December 22

a student from Madrid's San Ildefonso school shows the winning Christmas lottery number 86148 at Madrid's Teatro Real opera house during Spain's bumper Christmas lottery draw known as El Gordo, or The Fat One, in Madrid, Spain, Wednesday, Dec. 22, 2021. The draw, held annually since 1812, will dish out a total of 2.4 billion euros ($2.7 billion) in prizes this year. People can queue for hours in the days running up to the lottery to snatch their 20-euro tickets from the most popular vendors. (AP Photo/Bernat Armangue)

US opens probe into Tesla letting drivers play video games

The U.S. government has opened a formal investigation into Tesla allowing drivers to play video games on a center touch screen while vehicles are moving

December 22

US opens probe into Tesla letting drivers play video games

The U.S. government has opened a formal investigation into Tesla allowing drivers to play video games on a center touch screen while vehicles are moving

December 22

US probes potential of drivers playing video games in Teslas

The U.S. has opened a formal investigation into a report that Tesla vehicles allow people to play video games on a center touch screen while they are driving

December 22

Ford finds new ways to use ocean plastic

Sustainability in cars is not just a passing trend.

December 22

The Ford Bronco Sport is the first vehicle to have parts made from recycled ocean plastic.

Portuguese airline gets OK for $2.9 billion recovery plan

European Union authorities have approved a rescue plan for TAP Air Portugal, which is getting government aid worth 2.55 billion euros ($2.9 billion) to help the flag carrier restructure its operations

December 22

'We have stock': Smaller stores aim for last-minute shoppers

After a wearying nearly two years of the pandemic, independent retailers are cautiously hoping their holiday seasons will be bright, despite the challenges this year ranging from supply chain snags to shortages of hot holiday items

December 22

Ann Cantrell, owner of Annie's Blue Ribbon General Store poses for a photo outside her store, Wednesday, Dec. 15, 2021, in the Brooklyn borough of New York. Cantrell has owned the store in Brooklyn for 14 years. She said social media promotions to reach out to customers during the pandemic are still boosting sales, including a video of new items each Friday. (AP Photo/Mary Altaffer)

Secret Service: Nearly $100B stolen in pandemic relief funds

The U.S. Secret Service says nearly $100 billion has been stolen from COVID-19 relief programs set up to help businesses and people who lost their jobs due to the pandemic

December 22

FILE - Web pages used to show information for collecting unemployment insurance in Virginia, right, and reporting fraud and identity theft in Pennsylvania, are displayed on the respective state web pages, on Feb. 26, 2021, in Zelienople, Pa. The Secret Service said it has seized more than $1.2 billion while investigating unemployment insurance and loan fraud and has returned more than $2.3 billion of fraudulently obtained funds by working with financial partners and states to reverse transactions. (AP Photo/Keith Srakocic, File)

Asian stock markets rise after Wall St rebounds

Asian stock markets hvae followed Wall Street higher after President Joe Biden reassured investors by calling for more vaccinations but no business or travel curbs to in response to the omicron coronavirus omicron variant

December 21

Currency traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Dec. 21, 2021. Asian shares were mostly higher on Tuesday after a worldwide slump for financial markets spurred by worries about how badly the omicron variant, inflation and other forces will hit the world economy. (AP Photo/Ahn Young-joon)

EXPLAINER: Why Elizabeth Holmes' trial hinges on intent

The trial of former Theranos CEO Holmes boils down to a single question.

December 21

Elizabeth Holmes walks into federal court in San Jose, Calif., Dec. 17, 2021.

Biden administration moves to expand solar power on US land

U.S. officials have approved two solar projects in California and are opening public lands in other Western states to potential solar development

December 21

FILE - In this Dec. 11, 2017, file photo, solar arrays line the desert floor of the Dry Lake Solar Energy Zone as part of the 179 megawatt Switch Station 1 and Switch Station 2 Solar Projects north of Las Vegas. The Biden administration on Tuesday, Dec. 21, 2021, issued a solicitation for interest in developing solar power on public lands in Nevada, New Mexico and Colorado. (Michael Quine/Las Vegas Review-Journal via AP, File)

Live updates: Mardi Gras returning -- but shorter parades

New Orleans is shortening parade routes for the upcoming Mardi Gras season because there are fewer police officers, medics and other first responders to handle the crowds

December 21

A man cleans tables for outside eating in London, Tuesday, Dec. 21, 2021. The British Prime Minister Boris Johnson said on Monday that his government reserves the "possibility of taking further action" to protect public health as Omicron spreads across the country. (AP Photo/Frank Augstein)

Football, reality competition conclusions dominate TV

Television viewers were in the mood for competition last week

December 21

New Orleans Saints quarterback Taysom Hill (7) smiles as he leaves the field after the team defeated the Tampa Bay Buccaneers during an NFL football game Sunday, Dec. 19, 2021, in Tampa, Fla. (AP Photo/Jason Behnken)

Omicron casts a new shadow over economy's pandemic recovery

Just as Americans and Europeans were eagerly awaiting their most normal holiday season in a couple of years, the omicron variant has unleashed a fresh round of fear and uncertainty — for travelers, shoppers, party-goers and their economies as a whole

December 21

A family and their pets walk through Miami International Airport, Monday, Dec. 20, 2021, in Miami. Public health officials are urging caution as the new omicron variant might become the dominant strain in the U.S. during the holiday break. (AP Photo/Marta Lavandier)

How major US stock indexes fared Tuesday

Stocks closed solidly higher on Wall Street Tuesday, more than regaining the ground they had lost a day earlier

December 21

Nike, Micron rise; General Mills, Newmont fall

Stocks that traded heavily or had substantial price changes Tuesday: Nike, Micron rise; General Mills, Newmont fall

December 21

Closing prices for crude oil, gold and other commodities

Closing prices for crude oil, gold and other commodities, and foreign exchange levels

December 21

What Disney Princess Spun Hair Into Gold

Source: https://abcnews.go.com/business

What Disney Princess Spun Hair Into Gold

World shares extend gains in thin pre-Christmas trading

Intel apologizes for asking suppliers to avoid Xinjiang

Asian shares track Wall St higher on upbeat US data

Organizers say Tokyo Olympics cost $1.8B less than expected

Hungary's PM denounced in Bosnia for anti-Muslim rhetoric

Existing home sales, median price edged up in November

Biden and Dems scramble to salvage social, climate package

Live updates: Cases spike in Australia after lockdowns nixed

US economy grew at 2.3% rate in Q3, up from earlier estimate

Supporters rally for trucker sentenced to 110 years in crash

How major US stock indexes fared Wednesday

White House downplays Secret Service estimate of COVID fraud

Port of Los Angeles set to break cargo record in 2021

Paychex, Tesla rise; CalAmp, Allakos fall

Yuengling accuses Bud Light of trampling on trademark

Russian pipeline faces big hurdles amid Ukraine tensions

Closing prices for crude oil, gold and other commodities

Nigeria destroys 1 million expired donated COVID-19 vaccines

EU takes aim at Poland amid fears for bloc's legal order

Belgium to tighten COVID rules to counter rise of omicron

US consumer confidence rises despite omicron, higher prices

Spain to adopt mask-wearing outdoors amid record virus surge

In Greece, taxis help with race to deliver booster shots

WHO chief: Blanket booster drives risk prolonging pandemic

Russian FM: Security talks with US, NATO to start next month

Tesla video game feature under investigation

Nebraska project finds key minerals, but can it mine them?

Austria tamps down New Year's Eve parties to fight omicron

US probes potential of drivers playing video games in Teslas

US economy grew at 2.3% rate in Q3, up from earlier estimate

Dutch prosecutors demand life sentences in MH17 downing

Japanese space tourist says he would love longer flight

Spain's huge Christmas lottery offers distraction from virus

US opens probe into Tesla letting drivers play video games

US opens probe into Tesla letting drivers play video games

US probes potential of drivers playing video games in Teslas

Ford finds new ways to use ocean plastic

Portuguese airline gets OK for $2.9 billion recovery plan

'We have stock': Smaller stores aim for last-minute shoppers

Secret Service: Nearly $100B stolen in pandemic relief funds

Asian stock markets rise after Wall St rebounds

EXPLAINER: Why Elizabeth Holmes' trial hinges on intent

Biden administration moves to expand solar power on US land

Live updates: Mardi Gras returning -- but shorter parades

Football, reality competition conclusions dominate TV

Omicron casts a new shadow over economy's pandemic recovery

How major US stock indexes fared Tuesday

Nike, Micron rise; General Mills, Newmont fall

Closing prices for crude oil, gold and other commodities

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