National Business - The Morning Sun

Striking port workers from the International Longshore and Warehouse Union Canada attend a rally in Vancouver, British Columbia, on Sunday, July 9, 2023. (Ethan Cairns/The Canadian Press via AP)

Tentative deal reached in nearly 2-week port strike on Canada's west coast

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A tentative deal has been reached between employers and workers in a strike that has halted shipments in and out of ports in Canada’s west coast region of British Columbia for nearly two weeks. A … more

7/13/23

FILE - Charlie Javice, second from left, founder of a student loan assistance startup company charged with fraud, arrives at federal court with her legal team, June 6, 2023, in New York. Frank shook her head repeatedly Thursday, July 13, as a prosecutor claimed that she snookered J.P. Morgan Chase into paying $175 million for her business by lying about its client base. (AP Photo/Bebeto Matthews, File)

Founder of student aid startup Frank shakes head as prosecutor describes case against her

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The founder of student aid startup Frank shook her head repeatedly as a prosecutor claimed she tricked J.P. Morgan Chase into paying $175 million for her business by lying about its client base. The … more

By LARRY NEUMEISTER | 7/13/23

FILE - Tourist Chris Farthing, from Suffolks County, England, takes a picture of Anasazi ruins in Chaco Culture National Historical Park on Aug. 10, 2005, in New Mexico. Some Republican members of Congress voiced opposition Thursday, July 13, 2023, to the Biden administration’s recent move to withdraw hundreds of square miles of federal land in New Mexico from oil and gas development, including land around Chaco Culture National Historical Park, offering their support instead to legislation that would unravel the ban. (AP Photo/Jeff Geissler, File)

Oil and gas withdrawal around US park stirs debate over economic costs for Native American tribe

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Some Republican members of Congress are criticizing the Biden administration's recent move to withdraw hundreds of square miles of federal land in New Mexico from oil and gas development. Arizona … more

By SUSAN MONTOYA BRYAN | 7/13/23

The FTC reportedly opens an investigation of ChatGPT creator OpenAI over consumer protection issues

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The U.S. Federal Trade Commission has launched an investigation into ChatGPT creator OpenAI and whether the artificial intelligence company violated consumer protection laws by scraping public data … more

Associated Press | 7/13/23

Alexander Machinsky, founder and former chief executive of the failed cryptocurrency lending platform Celsius Network, leaves Manhattan federal court Thursday, July 13, 2023, in New York on $40 million bail after pleading not guilty to charges alleging that he schemed to defraud customers by misleading them about key aspects of the business. (AP Photo/Lawrence Neumeister)

Founder of failed crypto lending platform Celsius Network arrested on fraud charges

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The founder and former CEO of the failed cryptocurrency lending platform Celsius Network has been arrested on federal fraud charges alleging that he schemed to defraud customers by misleading them … more

By LARRY NEUMEISTER | 7/13/23

FILE - Nigeria's new President Bola Ahmed Tinubu, inspects honor guards after taking an oath of office at a ceremony in Abuja, Nigeria, on May 29, 2023. Tinubu has announced his government's plan to pay $10 monthly to poor households to ease the growing hardship caused by the scrapping of subsidies that had reduced the cost of gasoline. In a letter to the Nigerian Senate, which was read during Thursday, July 13, 2023 sitting, Tinubu said 12 million households will benefit from the handout for a period of six months. (AP Photo/Olamikan Gbemiga, File)

Nigerian leader plans $10 monthly handout to poor households after gas subsidy ends

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Nigeria's President Bola Tinubu has told federal legislators that his government plans to pay $10 every month to poor households to ease the hardship caused by his administration’s removal of … more

By CHINEDU ASADU | 7/13/23

FILE - James Bullard, president of the St. Louis Federal Reserve Bank, gestures during an interview on Nov. 19, 2019, in Richmond, Va. Bullard, one of the most hawkish members of the central bank since it started it aggressive rate-hiking campaign, is stepping down, according to an announcement from the bank Thursday, July 13, 2023. (AP Photo/Steve Helber, File)

St. Louis Fed president Jim Bullard, one of the central bank's most hawkish members, stepping down

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St. Louis Federal Reserve Bank President James Bullard, one of the most hawkish members of the central bank since it started it aggressive rate-hiking campaign, is stepping down. Bullard is leaving … more

7/13/23

Travelers queue up at the Delta Airlines ticket counter at Denver International Airport Thursday, July 13, 2023, in Denver. (AP Photo/David Zalubowski)

Delta executives say they're not seeing the drop in airfares that the government reports

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The government says airfares are dropping, but Delta officials say they're not seeing the same thing. The Labor Department reported this week that average airfares fell 8% from May to June, helping … more

By DAVID KOENIG | 7/13/23

A team of Italian researchers reached the edge of space Thursday morning, flying aboard Virgin Galactic’s rocket-powered plane as the company prepares for monthly commercial flights. (June 29)

Virgin Galactic plans its next commercial flight to the edge of space for August

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Virgin Galactic is aiming for early August for its next flight to the edge of space. The company announced Thursday that the window for the commercial flight from Spaceport America in the New Mexico … more

By SUSAN MONTOYA BRYAN | 7/13/23

Got Sriracha? The price for a bottle of Huy Fong's iconic hot sauce gets spicy with supplies short

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It’s not just you. Sriracha is hard to come by these days — at least for one popular brand. The shortage of Huy Fong Foods’ Sriracha, the beloved red hot sauce packaged in those green-capped … more

By WYATTE GRANTHAM-PHILIPS | 7/13/23

FILE - This booking photo provided by Massachusetts State Police on March 7, 2023, shows Francisco Severo Torres. Torres, who is charged with attacking a flight attendant with a broken metal spoon and attempting to open an airliner’s emergency door on a cross-country flight in March, does not understand the nature and consequences of the case against him, a mental health evaluation concluded on Wednesday, July 13. (Massachusetts State Police via AP, File)

Judge rules man accused of trying to open jet's door, attacking crew, not competent for trial

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A federal magistrate judge has ruled that a man charged with attacking a flight attendant with a broken metal spoon and attempting to open an airliner’s emergency door on a cross-country flight in … more

By MARK PRATT | 7/13/23

ChatGPT-maker OpenAI signs deal with AP to license news stories

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ChatGPT-maker OpenAI and The Associated Press said Thursday that they’ve made a deal for the artificial intelligence company to license AP’s archive of news stories. The arrangement involves … more

7/13/23

FILE - Texas Gov. Greg Abbott displays screen shots of TikTok videos used by organized crime to recruit members gathered by law enforcement as he talks about Operation Lone Star during a news conference, April 1, 2021, in Weslaco, Texas. A First Amendment group sued Gov. Abbott and others on Thursday, July 13, 2023 over the state’s TikTok ban on official devices. The lawsuit was filed in a federal court in Texas by The Knight First Amendment Institute at Columbia University, a free speech group in New York. (Joel Martinez/The Monitor via AP, file)

First Amendment group sues Texas Governor and others over the state's TikTok ban on official devices

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A First Amendment group sued Texas Governor Greg Abbott and others on Thursday over the state’s TikTok ban on official devices. The lawsuit was filed in a federal court in Texas by The Knight First … more

By HALELUYA HADERO | 7/13/23

Japan's Prime Minister Fumio Kishida, center, walks with European Council President Charles Michel, left, as he shakes hands with European Commission President Ursula von der Leyen after an EU-Japan summit in Brussels, Belgium, Thursday, July 13, 2023. (AP Photo/Geert Vanden Wijngaert)

EU, Japan celebrate close cooperation with end of EU food restrictions in wake of Fukushima disaster

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The European Union and Japan have announced that the 27-nation bloc will lift the food import restrictions it had imposed in the wake of the 2011 Fukushima nuclear disaster. Japanese Prime Minister … more

7/13/23

The U.N. flag flies outside the World Court in The Hague, Netherlands, Thursday, July 13, 2023, where the United Nations' highest court deliveres its judgment in a long-running maritime border dispute between Nicaragua and Colombia. (AP Photo/Peter Dejong)

Top UN court rejects Nicaragua's case in a long-running maritime dispute with Colombia

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The United Nations’ top court has rejected a case brought by Nicaragua in a decades-long dispute with Colombia over maritime borders and entitlements in the Caribbean. The International Court of … more

By MIKE CORDER | 7/13/23

FILE - Tesla and SpaceX CEO Elon Musk speaks at the SATELLITE Conference and Exhibition, March 9, 2020, in Washington. Musk is finally starting to talk about the artificial intelligence company he founded to compete with ChatGPT-maker OpenAI. The startup, xAI, had its formal launch Wednesday, July 12, 2023, and says its goal “is to understand the true nature of the universe.” (AP Photo/Susan Walsh, File)

Twitter seeks end to US oversight of data use as FTC's Lina Kahn goes before House committee

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Twitter wants a federal court to end an order imposed by the Federal Trade Commission that limits its data security practices. Musk’s X Corp., which is what Twitter is now called, filed a motion … more

By MICHELLE CHAPMAN | 7/13/23

FTC appeals judge's ruling that would allow Microsoft's Activision Blizzard takeover

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The Federal Trade Commission says it it appealing a judge’s ruling that would have allowed Microsoft to close its deal to buy video game company Activision Blizzard. A Wednesday court filing from … more

WASHINGTON | 7/13/23

File - Employees work on the construction line for overhead bins at the Boeing Interiors Responsibility Center in North Charleston, S.C., on May 31, 2023. On Thursday, the Labor Department releases the producer price index for June, an indicator of inflation at the wholesale level.(Gavin McIntyre/The Post And Courier via AP, Pool, File)

US wholesale prices for June point to further easing of inflation pressures

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Wholesale prices in the United States decelerated again last month, the latest sign that inflationary pressures are easing in the face of the Federal Reserve’s streak of interest rate hikes. The … more

By PAUL WISEMAN | 7/13/23

FILE - Mickey and Minnie Mouse perform during a parade as they pass by the Cinderella Castle at the Magic Kingdom theme park at Walt Disney World in Lake Buena Vista, Fla., on Jan. 15, 2020. After appointees of Florida Gov. Ron DeSantis took over Walt Disney World’s governing district in 2023, its firefighters were among the few employees who publicly welcomed them with open arms. But that warm relationship is in jeopardy now as a new administrator has reopened negotiations on a new contract that promised pay raises and more manpower for the more than 200 unionized firefighters and other first-responders. (AP Photo/John Raoux, File)

Disney extends CEO Bob Iger's contract 2 more years through 2026

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Bob Iger will remain as CEO of The Walt Disney Co. through the end of 2026, agreeing to a two-year contract extension that will give the entertainment and theme park company some breathing room to … more

By MICHELLE CHAPMAN | 7/13/23

FILE - French serviceman operate a mortar during a joint French US exercise in Capu Midia, on the Black Sea shore, Romania, Thursday, Feb. 9, 2023. France’s parliament has approved a boost to military spending spurred on by Russia's war in Ukraine. The new budget bill includes 413 billion euros ($450 billion) in defense spending through the rest of this decade, which is the most significant spending hike in half a century. (AP Photo/Vadim Ghirda, File)

France's parliament approves big boost in military spending, spurred by Ukraine war

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France’s parliament has approved a boost to military spending spurred on by Russia's war in Ukraine. The new budget bill includes 413 billion euros ($450 billion) in defense spending through the … more

7/13/23