National Business - The Morning Sun

Rapper Snoop Dogg arrives at the premiere of the FX docuseries "Dear Mama," Tuesday, April 18, 2023, at The Ted Mann Theater in Los Angeles. The series explores the legacies of rapper Tupac Shakur and his mother Afeni. (AP Photo/Chris Pizzello)

Ryan Reynolds, Snoop Dogg in mix to buy Ottawa's NHL team?

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There appears to be celebrity interest in buying the National Hockey League team in Ottawa. Rap impresario Snoop Dogg said in an Instagram post that he was “looking forward” to being part of a … more

5/1/23

People walk past the headquarters of First Republic Bank in San Francisco, Monday, May 1, 2023. Regulators seized troubled First Republic Bank early Monday, making it the second-largest bank failure in U.S. history, and promptly sold all of its deposits and most of its assets to JPMorgan Chase Bank in a bid to head off further banking turmoil in the U.S. (AP Photo/Haven Daley)

Why First Republic failed. Are other banks to follow?

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First Republic Bank has become the second large regional bank with assets over $200 billion to fail in just a few weeks. Like Silicon Valley Bank, which was seized by the government on March 10, … more

Associated Press | 5/1/23

Treasury Secretary Janet Yellen speaks on the U.S.-China economic relationship at Johns Hopkins University School of Advanced International Studies, Thursday, April 20, 2023, in Washington. (AP Photo/Manuel Balce Ceneta)

US borrowing increases as standoff over debt continues

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The Treasury Department said Monday it plans to increase its borrowing during the April to June quarter of this year. The increased borrowing comes even as the federal government is close to … more

By FATIMA HUSSEIN | 5/1/23

FILE - SpaceX's Starship turns after its launch from Starbase in Boca Chica, Texas, Thursday, April 20, 2023. The Federal Aviation Administration is being sued by wildlife and environmental groups over SpaceX's launch of its giant rocket from Texas. The lawsuit was filed Monday, May 1, 2023, in federal court in Washington. (AP Photo/Eric Gay)

Environmental groups sue FAA over SpaceX Texas rocket launch

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The Federal Aviation Administration is being sued by wildlife and environmental groups over SpaceX's launch of its giant rocket from Texas. The lawsuit was filed Monday in federal court in … more

By MARCIA DUNN | 5/1/23

FILE - A worker heads into the JBS meatpacking plant in Greeley, Colo., Oct. 12, 2020. Packers Sanitation Services Inc. (PSSI), the slaughterhouse cleaning company that was found to be employing more than 100 children to help sanitize dangerous razor-sharp cutting equipment like bone saws, has continued to lose contracts with the major meat producers since the investigation became public in the fall of 2022. Cargill, Tyson Foods and JBS have all terminated contracts with PSSI at at least some of their plants. (AP Photo/David Zalubowski, File)

Firm that hired kids to clean meat plants keeps losing work

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The slaughterhouse cleaning company that was found to be employing more than 100 children to help sanitize dangerous razor-sharp cutting equipment has continued to lose contracts with the major meat … more

By JOSH FUNK | 5/1/23

FILE - Striking writers walk the picket line outside Paramount Studios in Los Angeles on Dec. 13, 2007. Television and movie writers on Monday, May 1, 2023, declared that they will launch an industrywide strike for the first time since 2007, as Hollywood girded for a shutdown in a dispute over fair pay in the streaming era. (AP Photo/Nick Ut, File)

Explainer: What's behind looming Hollywood writers' strike?

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Writers of films and TV shows could go on strike as soon as Tuesday if an agreement on a new contract is not reached with the Alliance of Motion Picture and Television Producers. Last minute talks … more

By ANDREW DALTON | 5/1/23

President Joe Biden waves after speaking in the Rose Garden of the White House in Washington, Monday, May 1, 2023, about National Small Business Week. (AP Photo/Carolyn Kaster)

Plenty of attacks on the debt cap, but no signs of settling

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President Joe Biden and House Speaker Kevin McCarthy are finding it’s easy to publicly shame each other over the debt limit. Getting along well enough to resolve a paralyzing threat to the U.S. … more

By JOSH BOAK and LISA MASCARO | 5/1/23

American Airlines, seeking new contract, vote to OK strike

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Pilots at American Airlines are voting to authorize a strike. That doesn't mean they're going to walk off the job anytime soon, but it does aim to put more pressure on the airline to reach a new … more

5/1/23

File - Nevin Overmiller, 78, walks a KFC food delivery to a customer's door while delivering for Uber Eats, Wednesday, Jan 5, 2021, in Palm Harbor, Fla. Attacks which occurred in Florida last month sent ripples of fear among some app-based drivers, who have long demanded better protection from companies whose safety policies they say are bettered geared toward customers than workers. (Douglas R. Clifford/Tampa Bay Times via AP, File)

Attacks on delivery drivers add fears among gig workers

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Ride-hailing and food delivery companies say extreme violence is rare among the millions of trips completed each week by gig workers. But three attacks in Florida last month sent ripples of fear … more

By ALEXANDRA OLSON and WYATTE GRANTHAM-PHILIPS | 5/1/23

A mural is displayed on the wall outside the Lordstown Motors plant, June 22, 2021 in Lordstown, Ohio. Lordstown Motors Corp. says it is in danger of failing because Foxconn is looking to back away from an agreement to invest up to $170 million in the commercial electric vehicle startup. Lordstown said in a regulatory filing on Monday, May 1, 2023 that it received a letter from Foxconn Ventures on April 21 saying that the company was in breach of the investment agreement because it had received a delisting warning from the Nasdaq stock market. (AP Photo/David Dermer, file)

Lordstown warns it may fail as investor Foxconn gets jumpy

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Lordstown Motors says it is in danger of failing because Foxconn is looking to back away from an agreement to invest up to $170 million in the commercial electric vehicle startup. Lordstown said in … more

By MICHELLE CHAPMAN | 5/1/23

The Supreme Court is seen on Capitol Hill in Washington, Friday, April 14, 2023. (AP Photo/J. Scott Applewhite)

Supreme Court to decide important case on government power

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The Supreme Court says it will decide whether or not to overrule a decades-old decision that has been a frequent target of conservatives and, if overruled, could make it harder to sustain … more

By JESSICA GRESKO and MARK SHERMAN | 5/1/23

This undated photo shows Chris Urmson, CEO of self-driving vehicle technology company Aurora Innovation. Sometime next year, semis with no human in the cab will start carrying freight down Interstate 45 between Dallas and Houston. The trucks will run on an autonomous driving system called the Aurora Driver, developed by Pittsburgh-based Aurora Innovation. The company is now making about 50 trips per week with human safety drivers on board. (Aurora Innovation via AP)

Insider Q&A: Aurora CEO Chris Urmson on self-driving trucks

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Sometime next year, semis with no human in the cab will start carrying freight down Interstate 45 between Dallas and Houston. The trucks will run on an autonomous driving system called the Aurora … more

By TOM KRISHER | 5/1/23

Former US president Donald Trump arrives at Aberdeen International Airport ahead of his visit to the Trump International Golf Links Aberdeen, in Dyce, Aberdeen, Scotland, Monday May 1, 2023. (Jane Barlow/PA via AP)

Donald Trump travels to Scotland to open golf course

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Former U.S. President Donald Trump has traveled to Scotland to open a new golf course at his resort near Aberdeen. Trump and his son Eric were greeted on Monday by two pipers, a red carpet and a … more

5/1/23

A man passes by at the main train station on his bicycle as an advertising for the Deutschlandticket (Germany Ticket) is seen at left, in Frankfurt, Germany, Monday, May 1, 2023. Public transit companies in Germany say more than three million people have already snapped up a new ticket being launched Monday that allows them to use all local and regional trains, buses and metros across the country for 49 euros ($53.90) a month. (Sebastian Gollnow/dpa via AP)

Millions snap up new Germany-wide public transit ticket

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Public transit companies in Germany say more than three million people have already snapped up a new ticket being launched Monday that allows them to use all local and regional trains, buses and … more

5/1/23

In this handout photo released by Uzbekistan's Presidential Press Office, Uzbekistan's President Shavkat Mirziyoyev casts his ballot at a polling station during a referendum in Tashkent, Uzbekistan, Sunday, April 30, 2023. Voters in Uzbekistan are casting ballots in a referendum on a revised constitution that promises human rights reforms. But the reforms being voted on Sunday also would allow the country's president to stay in office until 2040.(Uzbekistan's Presidential Press Office via AP)

Uzbeks approve changes that could extend president till 2040

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Uzbekistan's central elections commission says that Uzbeks have given overwhelming approval in a referendum to constitutional changes that promise human rights reforms but that also would allow the … more

5/1/23

The head of Mexico's National Migration Institute, Francisco Garduño, front, arrives at court in Ciudad Juárez, Mexico, Sunday, April 30, 2023. Garduño is part of an investigation into a fire at a detention center in March that killed 40 migrants and is accused of failing in his responsibility to protect migrants. (AP Photo/Christian Chavez)

Mexico immigration agency head to stand trial in deadly fire

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A judge has ordered the head of Mexico’s immigration agency to stand trial on charges that he failed in his responsibility to protect those in his custody when 40 migrants died in a fire at a … more

5/1/23

FILE - Founder of Alibaba group Jack Ma arrives for the Tech for Good summit, May 15, 2019 in Paris. Jack Ma, a cofounder of Chinese e-commerce giant Alibaba Group, will be a visiting professor at Tokyo College, a research institute run by the prestigious University of Tokyo, the university said Monday, May 1, 2023. (AP Photo/Thibault Camus, File)

Alibaba's Jack Ma turns up in Japan as college professor

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Alibaba Group founder Jack Ma will be a visiting professor at Tokyo College, a research institute run by the prestigious University of Tokyo. The university said Monday that Ma will research … more

By YURI KAGEYAMA | 5/1/23

Workers light smoke sticks during a May Day rally in Jakarta, Indonesia, Monday, May 1, 2023. Workers and activists across Asia are marking May Day with protests calling for higher salaries and better working conditions, among other demands. (AP Photo/Dita Alangkara)

Big May Day events in Asia call for better labor conditions

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Workers and activists across Asia are marking May Day with protests calling for higher salaries and better working conditions. May Day, which falls on May 1, is observed in many countries as a day to … more

By HYUNG-JIN KIM | 5/1/23

FILE - A body is draped under a blanket at the scene of a fatal crash in Schoharie, N.Y., Oct. 6, 2018. Nearly five years after catastrophic brake failure sent a stretch limousine packed with birthday revelers careening down a hill and into a shallow ravine in rural New York, killing 20 people, the operator of the company that rented out the vehicle is going on trial. Jury selection was scheduled to begin Monday, May 1, 2023, in Schoharie County Court. (Tom Heffernan Sr. via AP, File)

Operator in limo crash that killed 20 goes on trial in NY

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The operator of a limousine service involved in a crash that killed 20 people in central New York is going on trial. Nauman Hussain is charged with 20 counts each of criminally negligent homicide and … more

By MAYSOON KHAN and MICHAEL HILL | 5/1/23

FILE - A pedestrian walks past a First Republic Bank in San Francisco on April 26, 2023. Regulators continued their search for a solution to First Republic Bank’s woes over the weekend before stock markets were set to open Monday, May 1. (AP Photo/Jeff Chiu, File)

First Republic in limbo as US regulators juggle bank's fate

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Regulators are searching for a solution to First Republic Bank’s woes, hoping to find a way forward before U.S. stock markets open Monday. San Francisco-based First Republic has struggled since the … more

By KEN SWEET | 5/1/23