ROME - The Fendi fashion house is financing a (euro) 2.12 million ($2.8 million) restoration of Trevi Fountain in Rome, famed as a setting for the film "La Dolce Vita" and the place where dreamers leave their coins.
The 20-month project on one of the city's most iconic fountains was being unveiled at a city hall press conference Monday.
Fendi CEO Pietro Beccari said in a statement that the company's sponsorship reinforces its Roman roots.
Italian fashion companies are coming to the aid of Italy's chronically underfunded culture world. The founder of the Tod's footwear company has offered to pay for the (euro) 25 million (nearly $34 million) restoration of the ancient Colosseum.
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The Powerball jackpot is climbing again, and fast. In just a few short weeks, the jackpot has ballooned to $360 million, making it the third largest Powerball jackpot and the seventh largest jackpot ever.
The Russian Foreign Ministry summoned the U.S. ambassador to Russia on Wednesday to submit a formal protest over Moscow's claim that it caught a U.S. diplomat disguised in a blond wig trying to recruit a counterintelligence officer for the CIA.