National Business - The Morning Sun

FILE - Reserve Bank of Zimbabwe Governor, John Mangudya holds a sample of a gold coin at the launch in Harare, on July 25, 2022. Zimbabwe will launch a digital currency next month by introducing “tokens” that are backed by gold reserves and can be transferred between people and businesses as a form of payment, the country's central bank said Friday April 28, 2023. (AP Photo/Tsvangirayi Mukwazhi, File)

Zimbabwe plans to launch digital currency backed by gold

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Zimbabwe has announced the launch of a gold-backed digital currency in a bid to stabilize its faltering dollar. Reserve Bank of Zimbabwe Gov. John Mangudya said Friday that the gold tokens will start … more

By FARAI MUTSAKA | 4/28/23

OpenAI: ChatGPT back in Italy after meeting watchdog demands

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ChatGPT’s maker says the artificial intelligence chatbot is available again in Italy after the company met the demands of regulators who temporarily blocked it over privacy concerns. OpenAI said … more

By KELVIN CHAN | 4/28/23

Zachary Rosen runs as his daughter, Vera, rides a scooter on John F. Kennedy Drive in San Francisco's Golden Gate Park, Thursday, April 13, 2023. The tech entrepreneurs who flocked to San Francisco two decades ago bringing jobs and wealth, and also soaring housing prices and gentrification, are becoming a rising political force in a city they say is woefully off track. Rosen, co-founder and CEO of the website platform Pantheon, helped launch YIMBY California, a pro-development group that fights for state-level zoning reforms. (AP Photo/Jeff Chiu)

Tech-rooted groups seek to shake up San Francisco politics

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Tech entrepreneurs who flocked into San Francisco two decades ago bringing jobs and wealth, and also soaring housing prices and gentrification, are becoming a rising political force in a city they … more

By OLGA R. RODRIGUEZ | 4/28/23

FILE - A solar farm sits in Mona, Utah, on Tuesday, Aug. 9, 2022. The House voted Friday, April 28, 2023, to reinstate tariffs on solar panel imports from several Southeast Asian countries after President Joe Biden paused them in a bid to boost the U.S. solar industry, a key part of his climate agenda.(AP Photo/Rick Bowmer, File)

House votes to restore solar panel tariffs paused by Biden

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The House voted Friday to reinstate tariffs on solar panel imports from several Southeast Asian countries. President Joe Biden paused them in a bid to boost solar panel installations in the U.S., a … more

By MATTHEW DALY | 4/28/23

FILE - A statue of Walt Disney and Micky Mouse stands in front of the Cinderella Castle at the Magic Kingdom at Walt Disney World in Lake Buena Vista, Fla., Jan. 9, 2019. Florida Gov. Ron DeSantis’ oversight board of Disney World has voted to claw back authority over the company’s theme park properties. The vote Wednesday, April 26, 2023, by the governor’s appointees voids a last-minute deal that placed control of theme park design and construction decisions Disney’s hands. (AP Photo/John Raoux, File)

DeSantis' overseas trip overshadowed by fight with Disney

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Florida Gov. Ron DeSantis is on his first international trade mission in four years and he can't get away from questions about his feud with Disney World. While DeSantis projects the image of a … more

By BRENDAN FARRINGTON | 4/28/23

File - A potential buyer looks over an 2023 Cooper S sedan on the floor of a Mini dealership Friday, Feb. 17, 2023, in Highlands Ranch, Colo. On Friday, the Commerce Department issues its March report on consumer spending. (AP Photo/David Zalubowski, File)

A key inflation gauge tracked by Fed remained high in March

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A key index of underlying inflation that is closely followed by the Federal Reserve remained elevated last month, keeping the Fed on track to raise interest rates next week for the 10th time since … more

By CHRISTOPHER RUGABER | 4/28/23

An Exxon gas station in Upper Darby, Pa., Tuesday, April 26, 2022. Exxon Mobil reports their earnings on Friday, April 28, 2023. (AP Photo/Matt Rourke)

Exxon ups production to counter falling prices in record Q1

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Exxon Mobil’s profit more than doubled in the first quarter as the oil and natural gas company overcame declining prices by producing more oil. Exxon Mobil Corp. earned $11.43 billion, or $2.79 per … more

By MICHELLE CHAPMAN | 4/28/23

FILE - People pass by a TV screen showing South Korean President Yoon Suk Yeol, left, meeting with Japanese Prime Minister Fumio Kishida in Japan, during a news program at the Seoul Railway Station in Seoul, South Korea, March 16, 2023. Japan’s trade ministry on Friday, April 28, 2023, said it has begun procedures to restore preferential trade status for South Korea, days after Seoul took a similar step for Tokyo and requested reciprocity, and more than three years after the countries downgraded each other during a bitter historical dispute. (AP Photo/Ahn Young-joon, File)

Japan to restore preferred trade status for South Korea

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Japan’s trade ministry says it has begun procedures to restore preferential trade status for South Korea, days after Seoul took a similar step for Tokyo and requested reciprocity, and more than … more

By MARI YAMAGUCHI | 4/28/23

Alicia Celaya, David Cardenas and their son Adrian, 3, are shown at their home, Thursday, April 27, 2023, in Phoenix. Celaya and her family will lose their medicaid coverage later this year, a result of a year-long nationwide review of the 84 million Medicaid enrollees that will require states to remove people whose incomes are now too high for the program. Advocacy groups say beneficiaries are finding the process confusing and at times riddled with errors, leaving some of the country's poorest people suddenly without health insurance and unable to pay for necessary medical care. (AP Photo/Matt York)

Error, confusion plague review kicking millions off Medicaid

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Some Medicaid recipients tell The Associated Press errors and confusion are leading to them being kicked off the federally and state-funded health coverage program. States are undertaking an … more

By AMANDA SEITZ and ANITA SNOW | 4/28/23

FILE - Italy's Prime Minister Giorgia Meloni speaks with the media as she arrives for an EU summit at the European Council building in Brussels, Thursday, March 23, 2023. The Italian Coast Guard said Monday, April 24 some 1,200 migrants have arrived since Sunday on the tiny Italian island of Lampedusa. Although far-right Premier Giorgia Meloni has led a crackdown both on smugglers and on the charity vessels, migrants keep risking dangerous voyages in the Central Mediterranean — departing from Tunisia, Libya and Turkey — in hopes of finding work or relatives in Europe. (AP Photo/Geert Vanden Wijngaert, file)

Suspected smuggler in deadly shipwreck sent back to Italy

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Italian police say Austrian authorities have handed over one of the suspected smugglers of the boat which capsized in February off southern Italy in a tragedy that killed 92 migrants. Police said … more

By FRANCES D'EMILIO | 4/28/23

Visitors walk past a booth for Chinese technology firm Huawei at the PT Expo in Beijing on Sept. 28, 2021. Chinese tech giant Huawei reported Friday that its revenue edged up 0.8% from a year earlier in the first three months of 2023 and the company was profitable.(AP Photo/Mark Schiefelbein)

Huawei 1Q revenue edges up, profit margin narrows

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Chinese tech giant Huawei says its revenue edged up 0.8% from a year earlier in the first three months of 2023 and the company was profitable. Revenue rose to 132.1 billion yuan ($19.1 billion). The … more

4/28/23

File - Federal Reserve Board of Governors Vice Chair for Supervision Michael Barr testifies at a House Financial Services Committee hearing on Capitol Hill, Wednesday, March 29, 2023, in Washington. Barr was selected by Fed Chair Jerome Powell to lead the central bank's review of its supervision of Silicon Valley Bank, which failed in March. (AP Photo/Andrew Harnik, File)

Fed's review of role in Silicon Valley Bank collapse due out

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The Federal Reserve is scheduled Friday to release a highly-anticipated review of its supervision of Silicon Valley Bank, the go-to bank for venture capital firms and technology start-ups that failed … more

By CHRISTOPHER RUGABER and KEN SWEET | 4/28/23

A screen showing a news report through the windows of the BBC, after chairman Richard Sharp announced he was quitting as BBC chairman, in London, Friday April 28, 2023. The chairman of the BBC has resigned after a report found he breached the government rules governing public appointments. The publicly funded national broadcaster has been under pressure after it was revealed that Sharp, a Conservative Party donor helped arrange a loan for then-Prime Minister Boris Johnson in 2021, weeks before he was appointed to the BBC post on the government’s recommendation. (Jordan Pettitt/PA via AP)

BBC chief quits amid furor over role in Boris Johnson loan

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The chairman of the BBC has resigned after a report found he breached the government rules governing public appointments. The publicly funded national broadcaster has been under pressure after it was … more

By JILL LAWLESS | 4/28/23

An employee works at a battery energy storage facility in Saginaw, Texas, April 25, 2023, that is owned and operated by Eolian L.P. Eolian will begin construction later this year in Portland, Ore., on projects to serve Portland General Electric, the utility that serves metropolitan Portland, the largest battery procurement of their kind outside California. (AP Photo/Sam Hodde)

PGE announces major clean energy storage project in Portland

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Portland General Electric, the utility that serves Portland, Oregon, plans to announce Friday it is putting in 400 MW of power, the second-largest battery storage installation in the United States. … more

By ISABELLA O'MALLEY | 4/28/23

FILE - A customer pays for vegetables at the Maravillas market in Madrid, on May 12, 2022. The European economy scraped out meager growth of 0.1% in the first three months of the year, barely gaining momentum after dodging a winter recession as challenges persist from inflation that corrodes people’s willingness to spend. (AP Photo/Manu Fernandez, File)

Europe's economy barely grows as inflation pinches consumers

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The European economy has scraped out meager growth of 0.1% in the first three months of the year. That's barely momentum after Europe dodged a winter recession and challenges persist from inflation … more

4/28/23

Fashion model Sabrina Dhowre Elba, left, and actor Idris Elba attends The Prince's Trust Global Gala at Cipriani South Street on Thursday, April 27, 2023, in New York. (Photo by Andy Kropa/Invision/AP)

Prince's Trust gala draws plenty of celebrities, donations

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The star-studded Prince’s Trust Global Gala raised more than $1.7 million Thursday night at Casa Cipriani in New York City, as a wide range of grantees — past and present — explained how King … more

By GLENN GAMBOA | 4/28/23

Visitors past near the emblems of the Chinese Communist Party at an exhibition in Shanghai, Thursday, April 20, 2023. Foreign companies are under growing pressure in China from anti-corruption, security and other investigations as President Xi Jinping's government tightens control over business, clashing with efforts to lure back investors after the pandemic. (AP Photo/Ng Han Guan)

Foreign companies in China face growing scrutiny, pressure

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Foreign companies are under growing pressure in China from anti-corruption, security and other investigations as President Xi Jinping’s government tightens control over business. That is clashing … more

By JOE McDONALD | 4/28/23

In Arizona, fresh scrutiny of Saudi-owned farm's water use

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In Arizona, worsening drought has brought renewed attention to a farm owned by a Saudi Arabian company and whether the state should be doing more to protect its groundwater resources. Fondomonte … more

By SUMAN NAISHADHAM | 4/28/23

Iran's navy seizes oil tanker near Oman, heading for Houston

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Iran’s navy has seized a Marshall Islands-flagged oil tanker in the Gulf of Oman amid wider tensions over Tehran’s nuclear program. Thursday's seizure represents the latest-such capture in a … more

By JON GAMBRELL | 4/27/23

FILE - The Twitter application is seen on a digital device, April 25, 2022, in San Diego. (AP Photo/Gregory Bull, File)

NYC transit agency ends Twitter alerts, says it's unreliable

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New York City's Metropolitan Transit Agency, which for 13 years has provided real-time information on subway, train and bus service outages, delays and other important updates for its 1.3 million … more

By The Associated Press | 4/27/23