National Business - The Morning Sun

Actor Hugh Jackman, left, is joined by Prime Minister of Barbados Mia Mottley onstage at the Global Citizen NOW Summit, Thursday, April 27, 2023, in New York. (AP Photo/Mary Altaffer)

Global Citizen's next campaign: Reform climate financing

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The nonprofit Global Citizen announced Thursday a new campaign to support the reform of global banks and climate financing. The Global Citizen NOW summit in New York brings together politicians, … more

By THALIA BEATY | 4/27/23

FILE - Tucker Carlson, host of "Tucker Carlson Tonight," poses for photos in a Fox News Channel studio on March 2, 2017, in New York. Fox News says it has agreed to part ways with Tucker Carlson, less than a week after settling a lawsuit over the network’s 2020 election reporting. The network said in a press release Monday that the popular and controversial prime-time host's last program aired on Friday. (AP Photo/Richard Drew, File)

Fox ratings tumble in Tucker Carlson slot after his firing

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Hundreds of thousands of Fox News viewers are reacting to Tucker Carlson's firing by abandoning the network in his old time slot — at least temporarily. Fox had 1.33 million viewers in the 8 p.m. … more

By DAVID BAUDER | 4/27/23

FILE - Multiple cars of a Norfolk Southern train lie toppled on one another after derailing at a train crossing near Springfield, Ohio, on March 4, 2023. Federal regulators are warning railroads Thursday, April 27, that the long trains they favor can cause all kinds of problems and contribute to derailments, so they want the railroads to ensure their training and operating procedures account for that. (Bill Lackey/Springfield-News Sun via AP, File)

Railroads warned about the problems long trains can cause

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Federal regulators are warning railroads that the long trains they favor can cause all kinds of problems and contribute to derailments, so they want the railroads to ensure their training and … more

By JOSH FUNK | 4/27/23

Microsoft's 'good guy' approach frays in UK gaming battle

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Microsoft’s charm offensive with the world’s governments is starting to lose some of its luster as the software giant is confronting its toughest antitrust scrutiny since co-founder Bill Gates … more

By MATT O'BRIEN | 4/27/23

FILE - The price of Amazon stock is shown on a screen at the Nasdaq MarketSite, Wednesday, Dec. 20, 2017, in New York. Amazon reports earnings on Thursday, April 27, 2023. (AP Photo/Mark Lennihan, File)

Amazon stocks surge after Q1 revenue, profit wins

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Amazon on Thursday reported a slowdown in its cloud computing unit AWS, but stronger-than-expected revenue and profits for the first quarter sent its stocks higher in after-hours trading. The … more

By HALELUYA HADERO | 4/27/23

Speaker of the House Kevin McCarthy, R-Calif., talks to reporters just after the Republican majority in the House narrowly passed a sweeping debt ceiling package as they try to push President Joe Biden into negotiations on federal spending, at the Capitol in Washington, Wednesday, April 26, 2023. (AP Photo/J. Scott Applewhite)

Debt ceiling: McCarthy wins 1st round, Biden eyes long game

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Speaker Kevin McCarthy surprised Washington when he united the raucous House Republican majority to pass a sweeping debt ceiling package. Next moves are more difficult, and uncertain. McCarthy's … more

By LISA MASCARO and KEVIN FREKING | 4/27/23

Gilberto Leal, an employee of the theater company Cinemaxx in Brazil, reads his cell phone in between advertisements for the upcoming films "Fast X" and "Teenage Mutant Ninja Turtles: Turtles Mutant Mayhem" on the opening day of CinemaCon 2023, the official convention of the National Association of Theatre Owners (NATO) at Caesars Palace, Monday, April 24, 2023, in Las Vegas. The four-day convention runs through Thursday. (AP Photo/Chris Pizzello)

Rihanna, Martin Scorsese hype Paramount movies at CinemaCon

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Paramount Pictures, still riding high on the success of “Top Gun: Maverick’s” nearly $1.5 billion in worldwide ticket sales, brought a slew of stars from Rihanna to Martin Scorsese to CinemaCon … more

By LINDSEY BAHR | 4/27/23

FILE - Jerry Apodaca, right, laughs while listening to Senator Ted Kennedy speak at a community college in Santa Fe, New Mexico in 2008. Apodaca, a Democrat who became New Mexico's first Hispanic governor in 54 years when he took office in 1975, died at his home in Santa Fe on Wednesday, April 26, 2023, after what may have been a stroke, his son Jeff Apodaca said. He was 88. (Jane Phillips/Santa Fe New Mexican via AP, File)

Former New Mexico governor remembered as Hispanic role model

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Former New Mexico Gov. Jerry Apodaca, who reorganized the state’s government into a cabinet-based system in the mid-1970s, has died. He was 88. His family said he died at his home in Santa Fe on … more

Associated Press | 4/27/23

Federal Reserve Chairman Jerome Powell arrives for the plenary of the International Monetary and Financial Committee (IMFC) meeting, during the World Bank/IMF Spring Meetings at the International Monetary Fund (IMF) headquarters in Washington, Friday, April 14, 2023. (AP Photo/Jose Luis Magana)

Fed's Powell was tricked by fake call from Russia pranksters

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Federal Reserve Chair Jerome Powell was tricked into an extended phone call in January with Russian pranksters posing as Ukrainian President Volodymyr Zelenskyy, during which Powell appeared to … more

By CHRISTOPHER RUGABER | 4/27/23

What to know about prescription drugs promising weight loss

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Obesity is a major and growing problem around the world, but especially in the U.S. Researchers have long looked for medications that can help people lose weight, mostly with disappointing and, in … more

By JONEL ALECCIA | 4/27/23

Los Angeles skyline is seen above the Union Pacific LATC Intermodal Terminal is seen on Tuesday, April 25, 2023 in Los Angeles. California's Air Resources Board is set to vote on a rule to cut greenhouse gas and smog-forming emissions from diesel-powered locomotives used to pull rail cars through ports and railyards. (AP Photo/Damian Dovarganes)

California to vote on ambitious locomotive emission rule

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The California Air Resources Board plans to vote on a first-in-the-nation, ambitious rule limiting rail pollution. The goal is to drastically cut greenhouse gas emissions from locomotives. The … more

By SOPHIE AUSTIN | 4/27/23

FILE - A sign for the GAP is seen on a storefront in Pittsburgh, Jan. 12, 2022. Gap is laying off 1,800 corporate workers as the struggling chain cuts costs in a bid to become more nimble. In a regulatory filing Thursday, April 27, 2023, the San Francisco-based chain, which also owns Banana Republic, Old Navy and Athleta, said employees in its headquarters as well as upper field positions such as regional store managers, will be impacted. (AP Photo/Gene J. Puskar, File)

Gap cuts 1,800 corporate jobs amid sales slump

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Gap is laying off 1,800 corporate workers, roughly three time the number it laid off last fall as the struggling chain cuts costs in a bid to become more nimble. The announcement follows numerous job … more

By ANNE D'INNOCENZIO | 4/27/23

FILE - An American Airlines plane at LaGuardia Airport's Terminal B, Tuesday, Nov. 22, 2022, in New York. American Airlines reports earnings on Thursday, April 27, 2023. (AP Photo/Julia Nikhinson)

After weak start to year, airlines expect profitable summer

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Most U.S. airlines lost money in the first quarter, traditionally the weakest time of year for travel, but they are all eagerly looking ahead to a summer of full planes and high fares. American … more

By DAVID KOENIG | 4/27/23

This combination of photos provided by Matthew Barlow shows him in November 2022, left, and April 2023 in California. Barlow, a 48-year-old health technology executive, said he has lost more than 100 pounds since November by using the drug Mounjaro and changing his diet. (Courtesy Matthew Barlow via AP)

Powerful new obesity drug poised to upend weight loss care

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A diabetes drug being tested for weight loss is poised to further upend obesity care. Drugmaker Eli Lilly and Co. reported Thursday that its drug tirzepatide helped people with diabetes who were … more

By JONEL ALECCIA | 4/27/23

A miner pulls back the wire fence near the shearer at the mining face of Xiaobaodang Coal Mine near the city of Shenmu in northwestern China's Shaanxi province on Wednesday, April 26, 2023. China is using “smart” technology to try to improve its safety record in coal mines, as part of a push by the National Energy Administration to bolster output and stem frequent accidents and collapses. Huawei Technologies Ltd., better known for telecommunications equipment and the target of U.S. sanctions, has pivoted to other industries including self-driving cars, factories and mines. (AP Photo/Ng Han Guan)

China pushes to digitize mines in attempt to make them safer

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SHENMU, China (AP) — China is using “smart” technology to try to improve its safety record in coal mines, as part of a push by the National Energy Administration to bolster output and stem … more

By HAN GUAN NG | 4/27/23

People wait for crossing a street in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm Thursday, April 27, 2023, in Tokyo. Asian shares mostly fell Thursday, echoing the drop on Wall Street, as worries about the U.S. banking sector and inflationary pressures weighed on investor sentiment.(AP Photo/Eugene Hoshiko)

Stock market today: Asian shares rise despite banking fears

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Asian shares have mostly advanced despite lingering worries about the U.S. banking sector and inflationary pressures. Benchmarks rose in afternoon trading in Tokyo, Seoul, Hong Kong and Shanghai but … more

By YURI KAGEYAMA | 4/27/23

Australian Home Affairs Minister Clare O'Neil addresses the National Press Club in Canberra, Thursday, April 27, 2023. Australia will end a decade-old freeze on the minimum wage paid for skilled migrant workers as part of an overhaul of what the government described as a "broken" migration system that fosters exploitation and favors attracting low-paid employees over filling critical skill shortages. (Lukas Coch/AAP Image via AP)

Australia lifts minimum wage for skilled migrant workers

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Australia will end a decade-old freeze on the minimum wage for skilled migrant workers as part of an overhaul of what the government describes as a broken migration system. It says the current system … more

By ROD McGUIRK | 4/27/23

Virginia Governor Glenn Youngkin accompanying with U.S. Ambassador to Japan Rahm Emanuel and Micron Executive Vice President Manish Bhatia, both not in picture, speaks during a news conference about U.S.-Japan cooperation on economic issues, including the semiconductor supply chain Thursday, April 27, 2023, in Tokyo. Virginia Gov. Youngkin, in a bid to lure more Japanese chip makers to invest in his state, said Thursday he hopes to forge “trusted supply chain relationships” with U.S. allies and friends to create supply chains that are not China-dependent.(AP Photo/Eugene Hoshiko)

Youngkin in Japan to forge supply chains with 'friends'

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Virginia Gov. Glenn Youngkin has said while visiting Tokyo that he hopes to forge “trusted supply chain relationships” with U.S. allies and friends to create supply chains that are not … more

By MARI YAMAGUCHI | 4/27/23

File - A steel worker inspects a 155 mm M795 artillery projectile during the manufacturing process at the Scranton Army Ammunition Plant in Scranton, Pa., Thursday, April 13, 2023. On Thursday, the Commerce Department issues its first of three estimates of how the U.S. economy performed in the first quarter of 2023. (AP Photo/Matt Rourke, File)

US economic growth likely slowed in January-March quarter

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Despite surging interest rates, punishing inflation and global turbulence, the U.S. economy stood firm last year. From employers to consumers, the picture was one of surprising resilience. This year … more

By PAUL WISEMAN | 4/27/23

An attendee walks past advertisements for upcoming films on the opening day of CinemaCon 2023, the official convention of the National Association of Theatre Owners (NATO) at Caesars Palace, Monday, April 24, 2023, in Las Vegas. The four-day convention runs through Thursday. (AP Photo/Chris Pizzello)

Excitement builds for Nolan's 'Oppenheimer' at CinemaCon

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Universal started out its CinemaCon presentation with the big one Wednesday in Las Vegas: New footage from Christopher Nolan’s “Oppenheimer.” The Universal team, including filmed entertainment … more

By LINDSEY BAHR | 4/26/23