National Business - The Morning Sun

Amazon cloud computing unit plans to invest $11 billion to build data center in northern Indiana

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Amazon’s cloud computing unit Amazon Web Services plans to invest $11 billion to build a data center in northern Indiana that will create at least 1,000 new jobs. Republican Gov. Eric Holcomb … more

4/25/24

FILE - A Union Pacific worker walks between two locomotives that are being serviced in a railyard in Council Bluffs, Iowa, on Dec. 15, 2023. Union Pacific reports earnings on Thursday, April 25, 2024. (AP Photo/Josh Funk)

Union Pacific's first-quarter profit creeps up 1% as railroad limits expenses

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Union Pacific's first-quarter profit crept 1% higher and topped Wall Street expectations as the railroad tightened up on expenses even though it delivered slightly less freight. The Omaha, … more

By JOSH FUNK | 4/25/24

A hiring sign is displayed at a restaurant in Chicago, Monday, March 11, 2024. On Thursday, April 25, 2024, the Labor Department reports on the number of people who applied for unemployment benefits last week. (AP Photo/Nam Y. Huh)

US applications for jobless claims fall to lowest level in 9 weeks

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Fewer Americans applied for unemployment benefits last week as the labor market continues to hold up despite higher interest rates imposed by the Federal Reserve in its bid to curb inflation. The … more

By MATT OTT | 4/25/24

FILE - A line of Southwest Air Boeing 737 jets are parked near the company's production plant while being stored at Paine Field Friday, April 23, 2021, in Everett, Wash. Southwest Air reports earnings on Thursday, April 25, 2024. (AP Photo/Elaine Thompson, File)

Southwest will limit hiring and close 4 after a 1Q loss. American Airlines is also losing money

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American and Southwest airlines both say they lost money in the first quarter, and they're responding by trying to cut costs. Southwest said Thursday it will limit hiring, offer voluntary time off to … more

4/25/24

General Robert Brieger, chairman of the EU's Military Committee talks to the media during a press conference after a meeting with the Cyprus national guard chief Georgios Tsitsikostas at the Defense Ministry in capital Nicosia, Cyprus, on Thursday, April 25, 2024. The European Union's top military official says a frigate that's part of an EU military mission in the Red Sea to protect merchant shipping has destroyed a drone launched from an area in Yemen controlled by Houthi rebels. Brieger said the downing of the drone took place Thursday morning. (AP Photo/Petros Karadjias)

EU military officer says a frigate has destroyed a drone launched from Yemen's Houthi-held areas

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A top European Union top military officer says a frigate that’s part of an EU miliary mission in the Red Sea to protect merchant shipping has destroyed a drone launched from an area in Yemen … more

4/25/24

Atkins weight loss products are seen on sale at a Kroger supermarket, Friday, April 12, 2024, in Marietta, Ga. (AP Photo/Mike Stewart)

What do weight loss drugs mean for a diet industry built on eating less and exercising more?

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New weight loss drugs are reshaping a dieting industry built on eating less and exercising more. The arsenal of drugs like Wegovy and its predecessor, the diabetes medication Ozempic, has proven … more

By ANNE D'INNOCENZIO | 4/25/24

FILE - The Marshall Steam Station coal power plant operates March 3, 2024, near Mooresville, N.C. A rule issued April 24, 2024, by the Environmental Protection Agency would force power plants fueled by coal or natural to capture smokestack emissions or shut down. (AP Photo/Chris Carlson, File)

Tough new EPA rules would force coal-fired power plants to capture emissions or shut down

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A rule issued by the Environmental Protection Agency would force power plants fueled by coal or natural gas to capture smokestack emissions or shut down. The new limits unveiled Thursday on … more

By MATTHEW DALY | 4/25/24

President Joe Biden speaks to the North America's Building Trade Union National Legislative Conference, Wednesday, April 24, 2024, in Washington. (AP Photo/Evan Vucci)

As Biden celebrates computer chip factories, voters wait for the promised production to start

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President Joe Biden has a great economic story to tell voters a decade from now — less so in 2024. On Thursday, the Democratic president will head to upstate New York to celebrate Micron … more

By AAMER MADHANI and JOSH BOAK | 4/25/24

Ship comes under attack off coast of Yemen as Houthi rebel campaign appears to gain new speed

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A ship traveling in the Gulf of Aden has come under attack, the latest assault likely carried out by Yemen’s Houthi rebels over Israel’s ongoing war on Hamas in the Gaza Strip. The attack comes … more

By JON GAMBRELL | 4/25/24

Visitors look at an MG car during the opening of China Auto Show in Beijing, China, Thursday, April 25, 2024. (AP Photo/Tatan Syuflana)

Electric cars and digital connectivity dominate at Beijing auto show

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Global automakers and EV startups are unveiling new models and concept cars at China’s largest auto show, with a focus on the nation’s transformation into a major market and production base for … more

By KEN MORITSUGU | 4/25/24

Democratic state Sen. James Maroney of Connecticut explains a far-reaching bill that attempts to regulate artificial intelligence during a debate in the state Senate in Hartford, Conn. on Wednesday, April 24, 2024. The bill marks one of the first major legislative proposals in the country to reign in bias in AI decision-making and protect people from harm. (AP Photo/Susan Haigh)

Connecticut Senate passes wide-ranging bill to regulate AI. But its fate remains uncertain

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The Connecticut Senate has passed one of the first major legislative proposals in the U.S. to rein in bias in artificial intelligence decision-making and protect people from harm. But despite … more

By SUSAN HAIGH | 4/24/24

FILE - Holstein heifers are loaded into trucks at a dairy in Oregon on Jan. 21, 2011. Dairy cattle moving between states must be tested for the bird flu virus, U.S. agriculture officials said Wednesday, April 24, 2024, as they try to track and control the growing outbreak. (Kobbi R. Blair/Statesman-Journal via AP, File)

More cows are being tested and tracked for bird flu. Here's what that means

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U.S. health and agriculture officials are ramping up testing and tracking of bird flu in dairy cows in an urgent effort to understand and stop the growing outbreak. Officials say the risk to humans … more

By JONEL ALECCIA and LAURA UNGAR | 4/24/24

FILE - A worker walks past neon signs for Ford at the Auto Shanghai 2023 show in Shanghai, Tuesday, April 18, 2023. Ford reports their earnings on Wednesday, April 24, 2024. (AP Photo/Ng Han Guan, File)

Ford's 1Q net income falls 24% as combustion engine unit sees sales and revenue decline

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Ford Motor Co.’s first-quarter net income fell 24% from a year ago as the company’s combustion engine vehicle unit saw revenue and sales decline. The Dearborn, Michigan, automaker said it made … more

4/24/24

FILE - Containers of Roundup are displayed on a store shelf in San Francisco, Feb. 24, 2019. Bayer, the manufacturer of the popular weedkiller, won support Wednesday, April 24, 2024, from the Missouri House for a proposal that could shield it from costly lawsuits alleging it failed to warn customers its product could cause cancer. (AP Photo/Haven Daley, File)

Missouri House backs legal shield for weedkiller maker facing thousands of cancer-related lawsuits

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The Missouri House has passed legislation that could protect chemical manufacturer Bayer from some lawsuits alleging a popular weedkiller causes cancer. The legislation comes as Bayer faces tens of … more

By DAVID A. LIEB | 4/24/24

FILE - Southwest Airlines plane prepares to land at Midway International Airport, Feb. 12, 2023, in Chicago. Flight attendants at Southwest Airlines on Wednesday, April 24, 2024, ratified a contract that includes pay raises totaling more than 33% over four years, as airline workers continue to benefit from the industry's recovery since the pandemic. (AP Photo/Kiichiro Sato, File)

Southwest Airlines flight attendants ratify a contract that will raise pay about 33% over 4 years

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Southwest Airlines flight attendants have ratified a new contract that will boost their pay by about one-third over four years. The Transport Workers Union said Wednesday that Southwest cabin crews … more

4/24/24

FILE - A Meta Portal Go is displayed during a preview of the Meta Store in Burlingame, Calif., on May 4, 2022. Meta reports earnings on Wednesday, April 24, 2024. (AP Photo/Eric Risberg, File)

Meta more than doubles Q1 profit but revenue guidance pulls shares down after-hours

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Facebook and Instagram parent company Meta says its first-quarter profit more than doubled, boosted by higher advertising revenue and a 6% increase on the average price of ads on its platforms. But … more

By BARBARA ORTUTAY | 4/24/24

FILE - A Tesla sign is seen at a dealership, Dec. 3, 2023, in Buena Park, Calif. A Tesla that may have been operating on the company's Autopilot driving system hit and killed a motorcyclist near Seattle on Friday, April 19, 2024, raising questions about whether a recent recall went far enough to ensure that Tesla drivers using Autopilot pay attention to the road. (AP Photo/Richard Vogel, File)

Tesla driver in Seattle-area crash that killed motorcyclist told police he was using Autopilot

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A Tesla that may have been operating on the company’s Autopilot driving system has hit and killed a motorcyclist near Seattle. The incident raises questions about whether a recent recall went far … more

By TOM KRISHER and GENE JOHNSON | 4/24/24

Calling it "a good day for world peace," President Joe Biden signed into law the $95 billion war aid measure that includes assistance for Ukraine, Israel, Taiwan and other allies, marking an end to the long, painful battle with Republicans in Congress.

The US is now allowed to seize Russian state assets. How would that work?

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The big U.S. aid package for Ukraine and other allies that President Joe Biden signed Wednesday also allows the administration to seize Russian state assets located in the U.S. and use them for the … more

By FATIMA HUSSEIN | 4/24/24

First lady Jill Biden and President Joe Biden greet riders at the Wounded Warrior Project's Soldier Ride on the South Lawn of the White House in Washington, Wednesday, April 24, 2024. (AP Photo/Susan Walsh)

Biden just signed a bill that could ban TikTok. His campaign plans to stay on the app anyway

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President Joe Biden’s signing of legislation that could ban TikTok in the U.S. runs counter to his campaign’s embrace of the platform and outreach to influencers. The president is also facing … more

By WILL WEISSERT | 4/24/24

FILE - The Federal Trade Commission building is seen, Jan. 28, 2015, in Washington. U.S. companies would no longer be able to bar employees from taking jobs with competitors under a rule approved by the FTC on Tuesday, April 23, 2024, though the rule seems sure to be challenged in court. (AP Photo/Alex Brandon, File)

How US changes to 'noncompete' agreements and overtime pay could affect workers

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For millions of American workers, the federal government took two actions this week that could bestow potentially far-reaching benefits. In one move, the Federal Trade Commission voted to ban … more

By CATHY BUSSEWITZ and MAE ANDERSON | 4/24/24