Italy's next step in a crisis is at the top of NPR's business news.
Italian prime minister Mario Monti is trying to restructure the economy so his country has a better shot at paying its debts. Today, he sits down to negotiate with the country's powerful trade union leaders. Monti hopes to weaken legal protections that make it almost impossible to fire employees. He blames these rules for slow economic growth and high unemployment in Italy.
Amanda Knox, the U.S. college exchange student who won an appeal to overturn her murder conviction in Italy last October, has signed a deal to write a memoir — for which she'll earn nearly $4 million, according to reports.
A man dressed as a Roman Gladiator stands in front of the ancient Colosseum as snowflakes fall in downtown Rome on Friday.
Credit Angelo Carconi / AP
Denver and Rome could not be farther apart. But today one city used to massive snow storms is facing a blizzard so big it cancelled 310 flights, even though the Denver airport has 500 workers clearing the snow. The other one hasn't seen this much snow since the '80s.
NPR's Sylvia Poggioli told our Newscast unit the 1.5 inches of snow in Rome and the 16 inches that have accumulated in the northern suburbs have meant that very few attended schools and big tourist attractions like the Colosseum were closed.
Italian firefighters scuba divers approach the grounded cruise ship Costa Concordia off the Tuscan island of Giglio, Italy on Friday.
Credit Pier Paolo Cito / AP
Citing safety concerns, Italian officials said they were calling off the search for those still missing at the site of the Costa Concordia shipwreck.
The AP reports:
"Italy's Civil Protection agency said Tuesday that technical studies indicated that the deformed hull of the ship created too many safety concerns to continue the search. It said in a statement that relatives and diplomatic officials representing the countries of the missing have been informed of the decision.