$9 mn luxury yacht, with 14 on board, sinks 4 days after delivery to owner in Italy

A $9.1-million luxury yacht sank in the Mediterranean Sea just four days after being delivered to its new owner. The 98-foot Angiola II caught fire following an engine failure off Porto Cervo on Tuesday. It began taking on water and eventually tipped onto its side before sinking. All 14 people aboard were rescued, with no injuries reported.