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Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

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‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion

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'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
avalanche

Italy Avalanche Death Toll Rises to Five, Four More Survivors Rescued

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January 21, 2017, 8:46 AM ET
ITALY-QUAKE-WEATHER
Firefighter's vehicles pass in a central street at Amatrice on January 19, 2017 after a 5.7-magnitude earthquake struck the region. / AFP / ANDREAS SOLARO (Photo credit should read ANDREAS SOLARO/AFP/Getty Images)ANDREAS SOLARO AFP/Getty Images
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Five people have been confirmed dead at the hotel demolished by an avalanche in central Italy this week, and nine survivors have been pulled from the rubble, the national fire service said on Saturday.

There were around 30 people in the Hotel Rigopiano when a tsunami of snow smashed into it on Wednesday, and around 15 are still unaccounted for.

The body of one man was recovered from the shattered ruins of the hotel on Saturday morning, after those of two women were found overnight, raising the known death toll to five, fire service spokesman Luca Cari told Reuters.

Italian Earthquakes Could Go On for Weeks in Domino Effect

Four survivors—two men and two women—were recovered overnight after hours of painstaking digging by firemen, who moved cautiously for fear the buried air pockets might collapse.

Four children and a woman were saved on Friday, dug out from under tons of snow and debris in a remote valley in the Abruzzo region.

The avalanche came hours after a series of tremors struck the area, which was devastated by deadly quakes last year, and had been grappling with heavy snowfall.

The four-storey building was obliterated, and debris spread for hundreds of metres (yards) down the valley in the Gran Sasso park.

For more on Italy’s seismic situation, watch:

A further five people have now been found dead elsewhere in the Abruzzo after the double blow of snow and quakes, the national civil protection agency said on Saturday.

Italian media reported on Saturday that a number of other voices had been heard under the rubble of the hotel, but that it was proving hard to establish where exactly they were. There was no immediate confirmation of this from the emergency services.

Rescue teams would continue to work night and day until everyone was accounted for, Cari said.

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