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Facebook plans its own currency for 2 billion-plus users

Rachel Lerman, Associated Press  |  Posted Jun 18th - 3:02am

Facebook already rules daily communication for more than two billion people around the world. Now it wants its own currency, too.

AP Explains: Behind Libra, Facebook's new digital currency

Anick Jesdanun, Associated Press  |  Posted Jun 18th - 3:01am

Facebook is unveiling a digital currency called Libra as the company seeks to make its ads more valuable by enabling smoother transactions and payments online, particularly among those without credit cards or bank accounts.

European Central Bank ready to use more stimulus if needed

David McHugh, Associated Press  |  Posted Jun 18th - 2:55am

The European Central Bank stands ready to cut interest rates and could re-start its bond purchase stimulus program if needed to help the economy, President Mario Draghi said Tuesday.

Ex-rival backs Boris Johnson in UK leadership race

Jill Lawless and Danica Kirka, Associated Press  |  Posted Jun 18th - 2:31am

A former candidate to lead Britain's Conservative Party threw her support behind front-runner Boris Johnson on Tuesday, bolstering his lead as lawmakers prepared to eliminate at least one contender from the race to become prime minister.

EU court declares Germany's highway tolls illegal

The Associated Press  |  Posted Jun 18th - 2:20am

The European Court of Justice has ruled that highway tolls in Germany are illegal because they unfairly penalize drivers from other European Union countries.

World shares rise after ECB says rate cuts possible

Annabelle Liang, Associated Press  |  Posted Jun 18th - 12:47am

Global shares climbed on Tuesday after European Central Bank President Mario Draghi said the authority was ready to cut interest rates and provide stimulus if the economy needed it. Traders also focused on rate decisions by the U.S. Federal Reserve and British and Japanese central banks this week.

'Burning river' loses sting in Cleveland 50 years after fire

Julie Carr Smyth and Tony Dejak, Associated Press  |  Posted Jun 17th - 11:24pm

Fifty years after the Cuyahoga River's most famous fire, a plucky new generation of Cleveland artists and entrepreneurs has turned the old jokes into inspiration and forged decades of embarrassment into a fiery brand of local pride.

San Francisco weighs 1st US city ban on e-cigarette sales

Samantha Maldonado, Associated Press  |  Posted Jun 17th - 11:14pm

San Francisco supervisors are considering Tuesday whether to move the city toward becoming the first in the United States to ban all sales of electronic cigarettes as part of an effort to crack down on youth vaping.

Indiana attorney general's accusers set announcement

The Associated Press  |  Posted Jun 17th - 10:40pm

The four women who accused Indiana's attorney general of drunkenly groping them during a party are holding a news conference with their lawyers.

Venezuela's misery doesn't even spare the dead in Maracaibo

Rodrigo Abd, Associated Press  |  Posted Jun 17th - 10:04pm

Even the dead aren't safe in Maracaibo, a sweltering, suffering city in Venezuela.

Watchdog to investigate Interior moves on Utah monument

Brady McCombs, Associated Press  |  Posted Jun 17th - 9:02pm

A government watchdog will investigate whether the U.S. Interior Department broke the law by making plans to open lands cut from a Utah national monument by President Donald Trump to leasing for oil, gas and coal development, a pair of Democratic congress members said Monday.

Hong Kong opposition movement largely without leaders

Christopher Bodeen, Associated Press  |  Posted Jun 17th - 7:59pm

The largely youth-driven movement of black-clad protesters challenging Hong Kong's government over an unpopular extradition bill is a coalition operating without a clear leadership structure.

Land swap may allow pipeline to cross Appalachian Trail

The Associated Press  |  Posted Jun 17th - 4:14pm

A land swap with the federal government could allow a developer to install a natural gas pipeline that crosses the Appalachian Trail.

Small media company to run Sports Illustrated for new owner

Tali Arbel, Associated Press  |  Posted Jun 17th - 4:08pm

The company that recently bought Sports Illustrated has found someone to run it: a small media company called Maven.

The Latest: US Steel restores pollution controls at plant

The Associated Press  |  Posted Jun 17th - 3:53pm

The Latest on a fire at U.S. Steel coke plant (all times local):

Brazil's Odebrecht files for bankruptcy protection

Anna Jean Kaiser, Associated Press  |  Posted Jun 17th - 3:43pm

Brazilian construction giant Odebrecht filed for bankruptcy protection Monday to restructure $13 billion in debt, worn down after spending five years at the center of one of the world's largest corruption investigations.

Enbridge to begin rock, soil sampling in Straits of Mackinac

John Flesher, Associated Press  |  Posted Jun 17th - 3:31pm

Enbridge Inc. said Monday that it is moving ahead with the collection of rock and soil samples in the Straits of Mackinac while it prepares for a court battle with Michigan's governor over a planned oil pipeline tunnel there.

US releases photos to bolster claim Iran attacked tankers

Lolita C. Baldor, Associated Press  |  Posted Jun 17th - 3:07pm

In an effort to bolster its public case against Iran, the Pentagon on Monday released new photos that officials said show that members of Tehran's Revolutionary Guard were responsible for attacks last week on two oil tankers near the Persian Gulf.

Sotheby's and Array soar while Align and Tyson Foods dip

The Associated Press  |  Posted Jun 17th - 2:48pm

Stocks that moved substantially or traded heavily on Monday: