National Business - The Morning Sun

FILE - An exit sign is shown at a McDonald's restaurant in Pittsburgh, April 23, 2022. McDonald's reports earnings on Monday Oct. 30, 2023. (AP Photo/Gene J. Puskar, File)

McDonald's promotions lure diners despite higher menu prices and revenue jumps 14%

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McDonald’s reported better-than-expected sales in the third quarter, as popular promotions brought in customers despite higher U.S. prices. The Chicago burger giant said its global same-store sales … more

By DEE-ANN DURBIN | 10/30/23

FILE - The World Bank building in Washington, Monday, April 5, 2021. The World Bank says oil prices could be pushed into “uncharted waters” if the violence between Israel and Hamas were to escalate. The organization's Commodity Markets Outlook finds that the effects on oil prices should be limited if the conflict doesn’t widen. (AP Photo/Andrew Harnik, File)

Oil prices could reach 'uncharted waters' if the Israel-Hamas war escalates, the World Bank says

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The World Bank says oil prices could be pushed into “uncharted waters” if the violence between Israel and Hamas intensifies. The organization's Commodity Markets Outlook finds that the effects on … more

By FATIMA HUSSEIN | 10/30/23

FILE - President Joe Biden speaks about artificial intelligence in the Roosevelt Room of the White House, Friday, July 21, 2023, in Washington. Biden on Monday, Oct. 30, will sign a sweeping executive order to guide the development of artificial intelligence. The order will require industry to develop safety and security standards, introduce new consumer protections and give federal agencies an extensive to-do list to oversee the rapidly progressing technology. (AP Photo/Manuel Balce Ceneta, File)

Biden wants to move fast on AI safeguards and will sign an executive order to address his concerns

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President Joe Biden is signing a sweeping executive order to guide the development of artificial intelligence. Monday's order will require industry to develop safety and security standards, introduce … more

By JOSH BOAK and MATT O'BRIEN | 10/30/23

$Travelers walk by a Communist Party's logo decorated at the departure hall of Beijing Daxing International Airport, in Beijing on Oct. 24, 2023. China's leaders are expected to search for ways to mend the country's fractured property market, create jobs for millions of unemployed youths and spur faster growth in a meeting that reportedly began Monday, Oct. 30 in Beijing. (AP Photo/Andy Wong)$

China holds major financial conference as leaders maneuver to get slowing economy back on track

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China’s leaders are expected to search for ways to mend the country's fractured property market, create jobs for millions of unemployed youths and spur faster growth in a meeting that reportedly … more

By ELAINE KURTENBACH | 10/30/23

FILE - Striking St. Lawrence Seaway workers picket outside the St. Lambert Lock in St. Lambert, Quebec, Monday, Oct. 23, 2023. A deal was reached Sunday, Oct. 29, to end a week-long strike that had shut down a major shipping artery in the Great Lakes, halting the flow of grain and other goods from the U.S. and Canada. (Graham Hughes/The Canadian Press via AP)

Agreement reached to end strike that shut down a vital Great Lakes shipping artery for a week

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A deal has been reached to end a week-long strike that had shut down a major shipping artery in the Great Lakes, halting the flow of grain and other goods from the U.S. and Canada. The agreement was … more

10/30/23

Tracy Brooks, an auto worker retiree is interviewed as she shows off vintage photos of her family, Wednesday, Oct. 18, 2023, in Romulus, Mich. She and her father, and grandfather and daughter all worked on assembly lines for one or more of Detroit's automakers. "We told Britney Johnson (Brooks' daughter), she's representing our family," Brooks jokes when speaking of her daughter who is among tens of thousands of the union's Ford, General Motors and Stellantis employees who have walked off the job since the strike started Sept. 15. (AP Photo/Carlos Osorio)

Some striking UAW members carry family legacies, Black middle-class future along with picket signs

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Britney Johnson is among the thousands of Ford Motor Co. workers who went on strike to force the automaker to improve pay for all. But she carried more than a picket sign outside Ford's Wayne … more

By COREY WILLIAMS and AISHA I. JEFFERSON | 10/30/23

This combination of photos provided by Pius Orofin, a deck operator aboard the Trinity Spirit oil ship, shows rusted areas of the ship moored 15 miles off the coast of Nigeria, in November 2021. The ship, used to store and refine large quantities of oil extracted from the ocean floor, caught fire on Feb. 2, 2022. The three survivors of the Trinity Spirit's explosion - Orofin, Patrick Aganyebi and Lawrence Yorgolo - told the AP of the lack of safety procedures on the ship and of equipment failures. (Pius Orofin via AP)

Takeaways from the AP's investigation into aging oil ships

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An explosion aboard the Trinity Spirit off the coast of Nigeria last year that killed five workers and left two others unaccounted for stands among the deadliest tragedies on an oil ship or platform … more

By HELEN WIEFFERING and GRACE EKPU | 10/30/23

Foreign Minister Yoko Kamikawa, left, and Yasutoshi Nishimura, right, the Japanese minister in charge of trade and the economy, attend a G-7 Trade Ministers' Meeting in Osaka, western Japan, Sunday, Oct. 29, 2023. Trade and economy officials from the Group of Seven wealthy democracies strengthened their pledge Sunday to work together to ensure smooth supply chains for essentials like energy and food despite global uncertainties.(Kyodo News via AP)

G-7 nations back strong supply chains for energy and food despite global tensions

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Trade and economy officials from the Group of Seven wealthy democracies have strengthened their pledge to work together to ensure smooth supply chains for essentials like energy and food despite … more

By YURI KAGEYAMA | 10/29/23

FILE - Britain's King Charles III and Queen Camilla view part of the Royal Collection relating to the Royal family's connection to Kenya, during a reception for the Kenyan diaspora in the UK at Buckingham Palace, central London, Oct. 24, 2023. King Charles III wants to look to the future when his four-day state visit to Kenya starts on Tuesday Oct. 31, 2023. But first he will have to confront the past. (Aaron Chown/Pool via AP, file)

King Charles III seeks to look ahead in a visit to Kenya. But he'll have history to contend with

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King Charles III wants to look to the future when his four-day state visit to Kenya starts on Tuesday. But first he will have to confront the past. Charles is facing calls to address the legacy of … more

By DANICA KIRKA and EVELYNE MUSAMBI | 10/29/23

FILE - A Tyson food product is seen in Montpelier, Vt., Nov. 18, 2011. The world's largest poultry producer and other poultry companies are asking a federal judge to dismiss his ruling that they polluted an Oklahoma watershed. Arkansas-based Tyson Foods, Minnesota-based Cargill Inc. and the others say in a motion filed Thursday, Oct. 26, 2023, that the case is “constitutionally moot” because the evidence is now more than 13 years old. (AP Photo/Toby Talbot, File)

Poultry companies ask judge to dismiss ruling that they polluted an Oklahoma watershed

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A group of poultry producers, including the world’s largest, are asking a federal judge to dismiss his ruling that they polluted an Oklahoma watershed. Arkansas-based Tyson Foods, Minnesota-based … more

By KEN MILLER | 10/28/23

An assortment of Halloween candy is shown in this photo taken on Friday, Oct. 27, 2023 in New York. For the second year in a row, U.S. shoppers are seeing double-digit inflation in the candy aisle. (AP Photo/Peter Morgan)

Less boo for your buck: For the second Halloween in a row, US candy inflation hits double digits

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For the second year in a row, U.S. shoppers are seeing double-digit inflation in the candy aisle. Candy and gum prices are up an average of 13% in October. That’s on top of a 14% increase in candy … more

By DEE-ANN DURBIN | 10/28/23

FILE - Doses of the anti-viral drug Paxlovid are displayed in New York, Aug. 1, 2022. The COVID-19 treatments millions of have taken for free from the federal government will enter the private market next week with a hefty price tag. Pharmaceutical giant Pfizer is setting the price for a five-day treatment of Paxlovid at $1,390, but Americans can still access the pills at no cost, for now. Millions of free, taxpayer-funded courses of the pills will remain at pharmacies, hospitals and doctor’s offices across the country, U.S. Health and Human Services officials said Friday, Oct. 27, 2023. (AP Photo/Stephanie Nano, File)

COVID-19 treatments to enter the market with a hefty price tag

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The COVID-19 treatments millions of have taken for free from the federal government will enter the private market next week with a hefty price tag. Pharmaceutical giant Pfizer is setting the price … more

By AMANDA SEITZ | 10/27/23

FILE - Three wind turbines stand in the water off Block Island, R.I, the nation's first offshore wind farm, Aug. 15, 2016. Four tracts of federal Gulf of Mexico waters of the coasts of Texas and Louisiana, ranging in size from nearly 57,000 acres (23,100 hectares) to over 495,000 acres (200,230 hectares), were designated Thursday, Oct. 27, 2023, for development of wind energy by the Biden administration. (AP Photo/Michael Dwyer, File)

Four tracts of federal waters in the Gulf of Mexico are designated for wind power development

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The Biden administration has designated four tracts of federal waters in the Gulf of Mexico off the Texas and Louisiana coasts for development of wind energy. The Bureau of Ocean Energy Management … more

By KEVIN McGILL | 10/27/23

Fireworks launch over Cinderella Castle at the Magic Kingdom at Walt Disney World, in Lake Buena Vista, Fla., Sept. 30, 2021. For Disney fans, Halloween is among the most desirable (and expensive) times to visit its theme parks. That’s largely due to the after-hours parties: the Oogie Boogie Bash in California and Mickey’s Not-So-Scary Halloween Party in Florida. Disney Halloween parties are held on select nights starting as early as August and can cost up to about $210 per person. (Joe Burbank/Orlando Sentinel via AP, file)

Disney says DeSantis-appointed district is dragging feet in providing documents for lawsuit

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Disney says Walt Disney World’s governing district made up of Florida Gov. Ron DeSantis' appointees is dragging its feet in providing requested documents to the company in a lawsuit over who has … more

By MIKE SCHNEIDER | 10/27/23

FILE - In this May 22, 2017, file photo, a store window reflects a street scene at an Abercrombie & Fitch store on New York's Fifth Avenue. A former model for Abercrombie & Fitch has sued the fashion retailer, Friday, Oct. 27, 2023, alleging it allowed its former CEO Mike Jeffries to run a sex-trafficking organization during his 22-year tenure.(AP Photo/Bebeto Matthews, File)

Abercrombie & Fitch slapped with lawsuit alleging sexual abuse of its male models under former CEO

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A former model for Abercrombie & Fitch has sued the fashion retailer, alleging it allowed its former CEO Mike Jeffries to run a sex-trafficking organization during his 22-year tenure. Jeffries left … more

By ANNE D'INNOCENZIO | 10/27/23

FILE - Berkshire Hathaway Chairman and CEO Warren Buffett smiles during an interview, May 7, 2018, in Omaha, Neb. Buffett joined the recent oil-buying spree in the market this week by resuming Berkshire Hathaway's purchases of Occidental Petroleum stock for the first time in four months. Buffett's company said late Wednesday, Oct. 25, 2023 that it invested more than $246 million to add to its already massive Occidental stake. (AP Photo/Nati Harnik, File)

Haslams say Warren Buffett's Berkshire wants to take money out of their pockets in truck stop deal

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The billionaire Haslam family says in a lawsuit that Warren Buffett and Berkshire Hathaway are trying to artificially depress the price the company is obligated to pay for the family’s remaining … more

By JOSH FUNK | 10/27/23

Best Buy recalls nearly 1 million pressure cookers after reports of 17 burn injuries

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Best Buy is recalling nearly 1 million pressure cookers and separate inner pots due to a defect that can cause hot foods to spew out, posing burn hazards. The cookers were sold under the Insignia … more

10/27/23

Rose Zhang of the United States hits from the seventh tee during the second round of the LPGA Maybank Championship in Kuala Lumpur, Malaysia, Friday, Oct. 27, 2023. (AP Photo/Vincent Thian)

Boston TPC will be the site of a new $3.5 million event on the LPGA Tour in 2024

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Women’s professional golf has picked up another big money event. The LPGA Tour and FM Global announced Friday they will be stage a new tournament at TPC Boston that will feature a $3.5 million … more

10/27/23

FILE - JPMorgan Chase & Company Chairman and CEO Jamie Dimon testifies at a Senate Banking Committee annual Wall Street oversight hearing, Thursday, Sept. 22, 2022, on Capitol Hill in Washington. Dimon and his family are planning to sell 1 million shares of the bank starting next year, according to a regulatory filing. This is Dimon's first such stock sale since he began his tenure with JPMorgan, the filing with the Securities and Exchange Commission said. (AP Photo/Jacquelyn Martin, File)

Another first for JPMorgan CEO Jamie Dimon, selling shares of the bank he's run for nearly 2 decades

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JPMorgan Chairman and CEO Jamie Dimon and his family are planning to sell 1 million shares of the bank starting next year, according to a regulatory filing. This is Dimon’s first such stock sale … more

By MICHELLE CHAPMAN | 10/27/23

FILE - This July 2019 image provided by the Sarah Cannon Research Institute shows Victoria Gray on her infusion day during a gene editing trial for sickle cell disease at the Sarah Cannon Research Institute and The Children's Hospital At TriStar Centennial in Nashville. Gray, the first patient to test the treatment, shared her experience with researchers at a scientific conference in 2023. She described suffering with terrible bouts of pain since childhood and receiving high-dose pain medications and sometimes blood transfusions. She described feeling she "was being reborn” the day she got the gene therapy. (Anthem Pictures/Sarah Cannon Research Institute via AP, File)

A new cure for sickle cell disease may be coming. Health advisers will review it next week

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There soon may be a new cure for sickle cell disease that attacks the disorder at its genetic source. On Tuesday, advisers to the Food and Drug Administration will review a gene therapy for the … more

By LAURA UNGAR | 10/27/23