National Business - The Morning Sun

FILE - A security guard wearing an electric fan on his neck wipes his sweat on a hot day in Beijing, Monday, July 3, 2023. Employers in Beijing were ordered Thursday, July 6, by the government to stop outdoor work after scorching summer heat in the Chinese capital was forecast to reach 40 degrees centigrade (104 Fahrenheit). (AP Photo/Andy Wong, File)

Beijing orders outdoor work to be halted as scorching summer heat soars

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Employers in Beijing have been ordered to stop outdoor work after scorching summer heat in the Chinese capital was forecast to reach 40 degrees centigrade (104 Fahrenheit). Government departments … more

7/6/23

FILE - Solar panels work near wind turbines in Quy Non, Vietnam on June 11, 2023. A human rights advocacy group says it found allegations of dozens of labor and environmental abuses by Chinese-invested companies involved in mining or processing minerals used in renewable energy. (AP Photo/Minh Hoang, File)

Rights group reports allegations of dozens of abuses in critical minerals supply chains

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A human rights advocacy group says it found allegations of dozens of labor and environmental abuses by Chinese-invested companies involved in mining or processing minerals used in renewable energy. … more

By ANIRUDDHA GHOSAL | 7/6/23

FILE - Michael Andretti, left, talks with FIA President Mohammed bin Sulayem before the Formula One Miami Grand Prix auto race at Miami International Autodrome, Sunday, May 8, 2022, in Miami Gardens, Fla. The FIA has received “more than five” expressions of interest from teams interested in joining Formula One, the president of the governing body told The Associated Press on Wednesday, July 5, 2023, with a decision on expansion expected by the end of the month. The bid that stands out most to Mohammed Ben Sulayem is from Andretti Global and General Motors — a supportive sign that Michael Andretti may indeed get the F1 team he's been fiercely chasing. (AP Photo/Jenna Fryer, File)

FIA not interested in early renegotiations of bedrock Formula One agreement, president tells AP

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The president of the FIA tells The Associated Press the governing body has no interest in signing an early renewal of its contract with Liberty Media and the 10 Formula One teams. The Concorde … more

By JENNA FRYER | 7/6/23

FILE - President Joe Biden delivers remarks on the economy, Wednesday, June 28, 2023, at the Old Post Office in Chicago. Biden has long struggled to neatly summarize his sprawling economic vision. On Wednesday, the president gave a speech on “Bidenomics” in the hopes that the term will lodge in voters’ brains ahead of the 2024 elections. But what is Bidenomics? Let’s just say the White House definition is different from the Republican one — evidence that catchphrases can be double-edged. (AP Photo/Evan Vucci, File)

Biden is heading to South Carolina to show his economic agenda is keeping even red states humming

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President Joe Biden is heading to South Carolina to make the case that his economic agenda is helping keep even red states humming. Ahead of the Thursday visit, White House officials argued that if … more

By AAMER MADHANI and MEG KINNARD | 7/6/23

FILE - A person stands in front of a Meta sign outside of the company's headquarters in Menlo Park, Calif., Tuesday, March 7, 2023. Canada's government has announced on Wednesday July 5, that it will stop advertising on Facebook and Instagram in response to Meta’s decision to block access to news content on their social platforms as part of a temporary test. (AP Photo/Jeff Chiu, File)

Canada's government to stop advertising on Facebook and Instagram after Meta says it will block news

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Canada's government says it will stop advertising on Facebook and Instagram in response to Meta’s decision to block access to news content on their social platforms as part of a temporary test. … more

7/5/23

Meta takes aim at Twitter with the launch of rival app Threads

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Meta unveiled an app to rival Twitter on Thursday. It appears to target users looking for an alternative to the social media platform owned — and frequently changed — by Elon Musk. Called … more

By KELVIN CHAN | 7/5/23

FILE - Jay Peak resort in Jay, Vt., April 18, 2016. The state of Vermont has agreed to pay $16.5 million to settle all pending and potential lawsuits from foreign investors in development projects at the Jay Peak resort, the ski area that was shaken by a massive fraud case involving its former owner and president, officials said Wednesday, July 5, 2023. (AP Photo/Lisa Rathke, File)

Vermont will pay $16.5M to settle lawsuits by foreign investors in fraudulent ski developments

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The state of Vermont has agreed to pay $16.5 million to settle all pending and potential lawsuits against it from foreign investors in development projects at the Jay Peak resort. The ski area was … more

By LISA RATHKE | 7/5/23

Unsold 2023 Aviator sports-utility vehicles are displayed at a Lincoln dealership Sunday, June 18, 2023, in Englewood, Colo. U.S. automobile sales continued to recover from the global chip shortage in the first half of the year as increased production drove up supplies on dealer lots and buyers responded. (AP Photo/David Zalubowski)

Strong demand drives US new vehicle sales higher in the first half of the year

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Demand for new SUVs, trucks and cars in the U.S. picked up steam in the second quarter, but the stronger sales kept prices high for consumers. Auto sales rose a healthy 16.8% from April through June … more

7/5/23

Freight cars sit damaged after a derailment in Reeseville Wis., Tuesday, July 4, 2023. Investigators are looking into what caused the freight train to derail outside the small village in south-central Wisconsin. (Phil Brinkman/Wisconsin State Journal via AP)

Norfolk Southern says other companies should share blame in fiery Ohio derailment

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Norfolk Southern says the owner of the rail car that caused the fiery Ohio derailment in February failed to properly maintain it in the years before the crash. The railroad wants to make sure that … more

By JOSH FUNK | 7/5/23

FILE - A JetBlue Airbus A320 taxis to a gate after landing, Oct. 26, 2016, as an American Airlines jet is seen parked at its gate at Tampa International Airport in Tampa, Fla. JetBlue on Wednesday, July 5, 2023, said it won't appeal a judge's ruling against its partnership with American Airlines, effectively dropping the deal in an effort to salvage its purchase of Spirit Airlines. (AP Photo/Chris O'Meara, File)

JetBlue is dumping its partnership with American Airlines to salvage its purchase of Spirit

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JetBlue is picking Spirt Airlines over American. JetBlue said Wednesday that it won’t appeal a judge’s ruling against its partnership with American Airlines, effectively dropping the deal. … more

By DAVID KOENIG | 7/5/23

Land-based windmills turn in the wind in Atlantic City, N.J., on April 28, 2022. On July 3, 2023, Atlantic Shores, the approved developer of New Jersey's third offshore wind farm, said it, too, wants a tax break or other financial assistance, hinting that its project might not be able to be done without the kind of assistance New Jersey lawmakers granted the week before to a competitor, Orsted, which has approval to build two of the state's three approved offshore wind farms. (AP Photo/Wayne Parry)

US gives go-ahead for Orsted's New Jersey offshore wind farm to start construction

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The federal government has given the go-ahead for New Jersey’s first offshore wind farm to begin construction. It cleared the way Wednesday for the first of at least three such projects in a state … more

By WAYNE PARRY | 7/5/23

Striking hotel workers rally outside the InterContinental Los Angeles Downtown Hotel Tuesday, July 4, 2023, in downtown Los Angeles. (AP Photo/Damian Dovarganes)

California hotel workers back on the job after strike, but union warns more walkouts possible

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Workers who picketed 19 major Southern California hotels over the long holiday weekend are back on the job, but their union warned that more walkouts could come at any time. No progress was … more

By CHRISTOPHER WEBER | 7/5/23

FIA wonders how it can deny General Motors a spot on Formula One grid, president tells AP

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The president of the FIA is telling The Associated Press the motorsports governing body has received more than five applications for expansion into Formula One. The applicant Mohammed Ben Sulayem … more

By JENNA FRYER | 7/5/23

FILE - Sgt. Kevin Fowler organizes food at a food bank distribution by the Greater Cleveland Food Bank, Thursday, Jan. 7, 2021, in Cleveland. A new poll of Americans found that nearly half of those who stopped giving to charity over the past five years said they did so because they thought wealthier people could afford to give more — and should. Others said they simply could not afford to give. (AP Photo/Tony Dejak File)

The wealthy should give more to charity, say people who stopped donating, according to a new poll

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A new poll of Americans found that nearly half of those who stopped giving to charity over the past five years said they did so because they thought wealthier people could afford to give more — and … more

By SARA HERSCHANDER of The Chronicle of Philanthropy | 7/5/23

FILE - Music mogul and entrepreneur Sean "Diddy" Combs arrives at the Billboard Music Awards in Las Vegas on May 15, 2022. Spirits giant Diageo says it’s cutting ties with Combs following his move to sue the company over allegations of racism in the handling of his liquor brands, according to a Tuesday, June 27, 2023 court filing. (Photo by Jordan Strauss/Invision/AP, File)

Sean "Diddy" Combs' dispute with Diageo deepens as court unseals business details

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Rapper and entrepreneur Sean “Diddy” Combs is asking the New York Supreme Court to enforce a 2021 agreement that requires Diageo to treat his DeLeon tequila brand “at least as favorably” as … more

By DEE-ANN DURBIN | 7/5/23

File - Federal Reserve Chair Jerome Powell attends a news conference following a Federal Open Market Committee meeting, Wednesday, June 14, 2023, at the Federal Reserve Board Building in Washington. On Wednesday, the Federal Reserve releases minutes from its June meeting when it chose not to raise its benchmark borrowing rate for the first time in 15 months in its fight against inflation. (AP Photo/Jacquelyn Martin, File)

Federal Reserve minutes: Some officials wanted to raise interest rates last month

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Some Federal Reserve officials pushed to raise the Fed’s key interest rate by one-quarter of a percentage point at their meeting last month to intensify their fight against high inflation, though … more

By CHRISTOPHER RUGABER | 7/5/23

FILE - A Stellantis sign is seen outside the Chrysler Technology Center, Jan. 19, 2021, in Auburn Hills, Mich. Stellantis says that when it starts to sell compact and midsize electric vehicles off new underpinnings next year, they will be able to go up to 435 miles (700 kilometers) per charge. The company made the claim Wednesday, July 5, 2023, as it unveiled its new medium-sized platform designed for the purpose of housing battery packs and electric drive trains. (AP Photo/Carlos Osorio, File)

Stellantis says new small- and medium-sized electric vehicles will get up to 435 miles per charge

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Stellantis says that when it starts to sell compact and midsize electric vehicles off new underpinnings next year, they will be able to go up to 435 miles (700 kilometers) per charge. The company … more

7/5/23

A United Parcel Service delivery driver steers his truck, Friday, June 30, 2023, in the East Boston neighborhood of Boston. Frustrated by what he called an "appalling counterproposal" earlier this week, Teamsters General President Sean O'Brien, the head of the union representing 340,000 UPS workers, said a strike now appears inevitable and gave the shipping giant a Friday deadline to improve its offer. (AP Photo/Michael Dwyer)

Stalemate: UPS, Teamsters contract talks break down with each side blaming the other

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Contract negotiations between UPS and the union representing 340,000 of the company’s workers broke down early Wednesday morning with each side blaming the other for walking away from talks. In … more

By MATT OTT | 7/5/23

FILE - Graffitis reading "down with the official version, right, and "State responsible" are seen on the basement of the statue of French military commander Joseph Gallieni, outside the Invalides monument, right, Tuesday, June 16, 2020 in Paris. Gallieni began a colonial career at the end of the 19th century and later played an important role during First World War as a military governor of Paris. France's highest court has rejected a request by three groups seeking reparations for slavery in a case that originated on the French Caribbean island of Martinique. The court's decision on Wednesday July 5, 2023 said no individual produced evidence showing they had "suffered individually" any damage from the crimes that their ancestors had been subjected to. (AP Photo/Christophe Ena, File)

France's Supreme Court rejects groups' request for slavery reparations in case from Martinique

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France’s highest court has rejected a request by three groups seeking reparations for slavery in a case that originated on the French Caribbean island of Martinique. The court’s decision on … more

By CARA ANNA | 7/5/23

German Chancellor Olaf Scholz speaks during a meeting of the German federal parliament, Bundestag, at the Reichstag building in Berlin, Germany, Wednesday, July 5, 2023. (AP Photo/Michele Tantussi)

German Cabinet approves a lower 2024 budget as it eyes a return to financial 'normality'

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Germany’s Cabinet has approved a draft 2024 budget that foresees lower spending with defense among the exceptions. It comes as Europe’s biggest economy sticks to rules limiting borrowing that … more

7/5/23