National Business - The Morning Sun

FILE - Speaker of the House Mike Johnson, R-La., talks to reporters just after House Republicans narrowly approved their budget framework, at the Capitol in Washington, April 10, 2025. (AP Photo/J. Scott Applewhite, File)

Trump's 'beautiful' bill spans more than 1,000 pages. Here's what's inside it

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House Republicans are getting closer to passing President Donald Trump’s tax breaks, spending cuts and beefed-up border security. Republicans look to make permanent the individual income and estate … more

By KEVIN FREKING and LISA MASCARO | 5/21/25

KEYCORP TO PRESENT AT THE BERNSTEIN ANNUAL STRATEGIC DECISIONS CONFERENCE

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CLEVELAND, May 21, 2025 /PRNewswire/ -- KeyCorp (NYSE: KEY) announced today that Chris Gorman, Chairman and Chief Executive Officer, will speak at the Bernstein Annual Strategic Decisions Conference … more

5/21/25

PHINIA Board Declares Quarterly Dividend of $0.27 per Common Share

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AUBURN HILLS, Mich.--(BUSINESS WIRE)--May 21, 2025--PHINIA Inc. (“PHINIA” or the “Company”) (NYSE: PHIN), a leader in premium fuel systems, electrical systems, and aftermarket solutions, … more

5/21/25

Intersect Wins Energy Risk Awards Deal of the Year for $837 Million Battery Storage Transaction

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SAN FRANCISCO--(BUSINESS WIRE)--May 21, 2025--Intersect Power, LLC (“Intersect”) has been awarded the Energy Risk Awards’ Deal of the Year. The award recognizes Intersect’s 2024 Texas battery … more

5/21/25

Built’s latest survey of U.S. general and subcontractors reveals that payment delays are the top threat to the industry—more than labor shortages, tariffs, or inflation. The visual highlights how delayed payments lead to rising costs, stalled projects, and reduced competition. Key findings include 70% of contractors experiencing payment delays, 76% willing to offer discounts for faster payments, and only 1 in 4 satisfied with their back-office tech. Top causes of delays include tech friction, financing slowdowns, and administrative inefficiencies.

Construction's Cash Crunch: 70% of Contractors Say Payment Delays Threaten Industry

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NASHVILLE, Tenn.--(BUSINESS WIRE)--May 21, 2025--A hidden crisis is crippling the construction industry: widespread payment delays. A new national study from Built reveals contractors regularly face … more

5/21/25

Barings’ Diversified Alternative Equity Platform Raises Nearly $950 Million in Lower Middle Market Private Equity Strategy in the Last Six Months

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CHARLOTTE, N.C.--(BUSINESS WIRE)--May 21, 2025--Barings, one of the world’s leading investment managers, today announced the successful raise of nearly $950 million in commitments from … more

5/21/25

VANCOUVER, BC / ACCESS Newswire / May 21, 2025 / Alta Copper Corp. (TSX:ATCU)(OTCQX:ATCUF)(BVL:ATCU) ("Alta Copper" or the "Company") is pleased to announce the closing of the previously announced non-brokered private placement with Nascent Exploration ...

Alta Copper Announces Closing of Non-Brokered Financing

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VANCOUVER, BC / ACCESS Newswire / May 21, 2025 / Alta Copper Corp. (TSX:ATCU)(OTCQX:ATCUF)(BVL:ATCU) ("Alta Copper" or the "Company") is pleased to announce the closing of the previously announced … more

5/21/25

Tariffs, inflation and leery customers are hitting retailers in different ways

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Retailers are trying to navigate their way through economic uncertainty in 2025. Tariffs, inflation and lingering fears of a recession have left many Americans uneasy and pulling back on spending. … more

By MICHELLE CHAPMAN | 5/21/25

SGMA Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of SigmaTron International, Inc. Is Fair to Shareholders

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NEW YORK--(BUSINESS WIRE)--May 21, 2025--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of SigmaTron International, Inc. (NASDAQ: SGMA) to Transom Capital Group, LLC … more

5/21/25

A one bitcoin token reflects as it is placed on a mirror in Prague, Czech Republic, Sunday, May 11, 2025. (AP Photo/Petr David Josek)

Bitcoin hits new price highs as crypto industry scores wins

Bitcoin hit a new all-time high as the world’s most popular cryptocurrency reached price levels not seen since President Donald Trump’s inauguration. The digital asset traded above $109,400 … more

By ALAN SUDERMAN | 5/21/25

Ukraine Minister of Finance, Sergii Marchenko, right, and Canada's Finance Minister Francois-Philippe Champagne speak to the media prior to the G7 Finance Ministers meeting in Banff, Alberta, Tuesday, May 20, 2025. (Jeff McIntosh/The Canadian Press via AP)

Trump's tariffs will test unity among allies at G7 finance ministers' summit

Leading financial officials from the world’s richest countries are gathering in a Canadian mountain resort this week for what may prove a contentious meeting in the wake of President Donald … more

By CHRISTOPHER RUGABER | 5/21/25

2025 Gartner® Magic Quadrant™ for Integration Platform as a Service (iPaaS)

Workato Named a Leader in the 2025 Gartner® Magic Quadrant™ for iPaaS

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PALO ALTO, Calif.--(BUSINESS WIRE)--May 21, 2025--Workato ®, the leading Enterprise Orchestration platform, announced today that it has again been recognized as a Leader with the furthest in vision … more

5/21/25

Multiple Fleets Operate 100+ Orange EV Electric Yard Trucks, Eliminating the Numerous Disadvantages of Diesel

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KANSAS CITY, Mo., May 21, 2025 /PRNewswire/ -- Orange EV, the leading U.S. manufacturer of pure-electric yard trucks, today announced that multiple customers each own and operate more than 100 Orange … more

5/21/25

The Aragon Research Globe(tm) for Workflow and Content Automation, 2025.

Smart Communications Named a Leader for Fifth Consecutive Year in the Aragon Research Globe™ for Workflow and Content Automation, 2025

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NEW YORK--(BUSINESS WIRE)--May 21, 2025--Smart Communications™, a leading technology company that helps enterprises scale more meaningful customer conversations, has been named a Leader in The … more

5/21/25

FILE - Samuel Tadros and his daughter Serenity 3, sit with the family's bags after their flight to New York was cancelled at the Nashville international Airport Thursday, May 23, 2024, in Nashville, Tenn., ahead of Memorial Day. (AP Photo/George Walker IV, File)

Hydrate. Make lists. Leave yourself time. And other tips for reducing holiday travel stress

Travel, especially during the holiday season, can be stressful. But following some tips from the pros as you prepare for a trip can make for a smoother, less anxious experience. One expert traveler … more

By KATHERINE ROTH | 5/21/25

All funds will help sustain year-round athletic and health-based programs, leadership and advocacy training, and inclusive school programs for individuals with intellectual disabilities across the state.

Affinity Plus Federal Credit Union's Annual Charitable Campaign Rallies Support for Special Olympics Minnesota

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ST. PAUL, Minn.--(BUSINESS WIRE)--May 21, 2025--Affinity Plus Federal Credit Union (Affinity Plus) today announced the continued success of its Polar Plunge “jump-start” promotion, its annual … more

5/21/25

FILE - Bundles of copper cables sit at a plant that produces parts for large electric vehicles in Mexico City, on April 2, 2025. (AP Photo/Fernando Llano, File)

Report: World's supply of critical minerals for clean energy is concentrated in fewer countries

The world’s supplies of critical minerals are increasingly concentrated in just a few countries - most notably China - and subject to export restrictions that could painfully crimp industry and the … more

By DAVID McHUGH and ALEXA ST. JOHN | 5/21/25

Business News Digest

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AP Business Digest Here are the AP’s top business stories that have moved or are planned to move today. All times U.S. Eastern. For up-to-the minute information on AP’s coverage, visit AP … more

5/21/25

Helio Castroneves, of Brazil, center talks with Ed Carpenter, left, and Jack Harvey, of the United Kingdom, as the drivers gather for a photo before the start of practice for the Indianapolis 500 auto race at the Indianapolis Motor Speedway in Indianapolis, Monday, May 19, 2025. (AP Photo/Michael Conroy)

Hybrid power is here: Indianapolis 500 could be dramatically reshaped by jolts of electric juice

IndyCar teams have spent the past year trying to learn everything they can about the hybrid engines introduced midway through last season. But for the first time on Sunday, they will be used in the … more

By DAVE SKRETTA | 5/21/25

Money20/20 Unveils Global Powerhouse Jury for Inaugural Money Awards

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NEW YORK--(BUSINESS WIRE)--May 21, 2025--Money20/20, the world's leading fintech show, and the place where money does business, today announced its inaugural jury for The Money Awards, featuring an … more

5/21/25