Stocks

Populists take power in Italy, with euro-skeptic agenda

Milan's stock index has opened higher after Italy's populists put an end to three months of political gridlock and formed a government, staving off the threat of new elections that could have become a referendum on the euro.

In lawsuit, former Heartland CEO accused of insider trading

Heartland Payment Systems CEO Robert Carr has been accused in a lawsuit of providing inside information —along with about $1 million — to his girlfriend to illegally profit from Heartland's $4.3 billion acquisition in 2016.

Business Highlights

___ Trump tariffs on US allies draw retaliation threats WASHINGTON (AP) — The Trump administration's announcement that it will impose tariffs on steel and aluminum imports from Europe, Mexico and Canada has drawn swift vows of retaliation from key allies, inflamed trade tensions and sent stock markets sinking.

Sears 1Q revenue falls 31%

Sears reversed direction in the first quarter, reporting a loss where it had a profit a year ago.