National Business - The Morning Sun

FILE - Car leaves a Carrefour supermarket in Anglet, southwestern France, on Jan.23, 2018. Global supermarket chain Carrefour will stop selling PepsiCo products in its stores in France, Belgium, Spain and Italy over price increases for popular items like Lay's potato chips, Quaker Oats, Lipton tea and its namesake soda. (AP Photo/Bob Edme, File)

PepsiCo products are being pulled from some Carrefour grocery stores in Europe over price hikes

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Global supermarket chain Carrefour will stop selling PepsiCo products in its stores in France, Belgium, Spain and Italy over price increases for popular items like Lay’s potato chips, Quaker Oats, … more

1/5/24

FILE - People walk in the main shopping street 'Zeil' in central Frankfurt, Germany, on Aug. 5, 2023. Inflation plaguing Europe rose to 2.9% in December, rebounding after seven straight monthly declines. The rise in price levels cast doubt on predictions for speedy interest rate cuts from the European Central Bank. The figure released Friday Jan. 5, 2024 was up from the 2.4% annual inflation recorded in November — but is well down from the peak of 10.6% in October 2022. (AP Photo/Michael Probst, File)

Europe's inflation is up after months of decline. It could mean a longer wait for interest rate cuts

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Inflation is on the rebound in Europe. The European Union's statistics agency said Friday that consumer prices rose 2.9% on a yearly basis in December. It’s the first increase after seven straight … more

By DAVID McHUGH | 1/5/24

FILE - A Tesla charging station is seen, Sept. 28, 2023, in Woodstock, Ga. Tesla is recalling more than 1.6 million Model S, X, 3 and Y models in China for problems with their automatic assisted steering functions and door latch controls. (AP Photo/Mike Stewart, File)

Tesla recalls over 1.6 million imported vehicles for problems with automatic steering, door latches

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Tesla is recalling more than 1.6 million Model S, X, 3 and Y electric vehicles imported to China to fix problems with their automatic assisted steering functions and door latch controls. China's … more

1/5/24

A man on a boat fishes as a ferry sails by a containers vessel docked at a port shrouded by haze in Xiamen in southeast China's Fujian province on Dec. 26, 2023. The United Nations issued a somber global economic forecast for 2024 on Thursday, Jan. 4, 2024, pointing to challenges from escalating conflicts, sluggish global trade, persistently high interest rates and increasing climate disasters. (AP Photo/Andy Wong)

UN economic forecast cites conflicts, sluggish trade, high interest and climate disasters

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The United Nations has issued a somber global economic forecast for 2024, pointing to challenges from escalating conflicts, sluggish global trade, persistently high interest rates and increasing … more

By EDITH M. LEDERER | 1/5/24

Workers walk among shipping containers at a BNSF intermodal terminal, Wednesday, Jan. 3, 2024, in Edgerton, Kan. On Friday, the U.S. government issues its December jobs report. (AP Photo/Charlie Riedel)

Jobs report for December will likely conclude another solid year of hiring in 2023

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Bringing resurgent inflation down was never expected to be so relatively pain-free. Federal Reserve Chair Jerome Powell warned of hard times ahead after the Fed began jacking up interest rates in … more

By PAUL WISEMAN | 1/5/24

FILE - A sign for Eli Lilly & Co. stands outside their corporate headquarters in Indianapolis on April 26, 2017. Eli Lilly has launched a unique website to connect U.S. patients seeking obesity treatment to doctors, dieticians and its new weight-loss drug, Zepbound. The drugmaker said Thursday, Jan 4, 2024, it will use the site, called LillyDirect, to pair visitors with third-party mail-order pharmacies for prescriptions and to care providers through a virtual medical weight-loss clinic. (AP Photo/Darron Cummings, File) (AP Photo/Darron Cummings, File)

Eli Lilly starts website to connect patients with new obesity treatment, Zepbound, other drugs

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Eli Lilly has launched a unique website to connect U.S. patients seeking obesity treatment to doctors, dieticians and its new weight-loss drug, Zepbound. The drugmaker said Thursday it will use the … more

By TOM MURPHY | 1/4/24

First responders work an active fire inside the Landmark Ranch Estates neighborhood on Wednesday, Jan. 3, 2024, in Southwest Ranches, Fla. Fire rescue crews alongside the Broward Sheriff's Office worked to put out a two-alarm fire at a home belonging to Miami Dolphins wide receiver Tyreek Hill inside the private neighborhood. (Matias J. Ocner/Miami Herald via AP)

Fire at home of Dolphins receiver Tyreek Hill started by child playing with cigarette lighter

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Fire officials say a child playing with a cigarette lighter started a fire at the $6.9 million home owned by Miami Dolphins receiver Tyreek Hill. Davie Fire Marshal Robert Taylor tells The Associated … more

By FREIDA FRISARO and ALANIS THAMES | 1/4/24

FILE - This undated photo provided by the U.S. Marshals Service shows Leonard Francis. Convicted defense contractor Leonard "Fat Leonard" Francis who led a daring escape weeks before he was scheduled to be sentenced in 2022 made his first appearance in federal court in San Diego on Thursday, Jan. 4, 2024, after being returned to U.S. custody as part of the Venezuelan prisoner swap. (U.S. Marshals Service via AP, File)

'Fat Leonard' seeks new attorneys ahead of sentencing in Navy bribery case, causing another delay

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Convicted Malaysian defense contractor Leonard Francis who led a daring escape weeks before he was scheduled to be sentenced in 2022 is seeking new defense attorneys now that he is back in U.S. … more

By JULIE WATSON | 1/4/24

SpaceX accused of unlawfully firing employees who were critical of Elon Musk

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A U.S. labor agency has accused SpaceX of unlawfully firing employees who penned an open letter critical of CEO Elon Musk and creating an impression that worker activities were under surveillance by … more

1/4/24

This photo provided by Astrobotic Technology shows the Peregrine lunar lander at the company's facility in Pittsburgh in October 2023. The expected launch date is Monday, Jan. 8, 2024. (Jordan K Reynolds/Astrobotic Technology via AP)

Two companies will attempt the first US moon landings since the Apollo missions a half-century ago

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Two private companies are aiming to get the U.S. back in the moon-landing business, more than five decades after the Apollo program ended. Since then China and India have successfully landed on the … more

By MARCIA DUNN | 1/4/24

Exploding toilet at a Dunkin' store in Florida left a customer filthy and injured, lawsuit claims

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A customer who claims he was injured by an exploding toilet at a Dunkin' store in central Florida has filed a negligence lawsuit against the coffee chain. Paul Kerouac filed the lawsuit seeking more … more

1/4/24

FILE - Kia's EV9 GT-line vehicle is unveiled during media day at the Seoul Mobility Show in Goyang, South Korea, Thursday, March 30, 2023. The Kia EV9 large electric SUV was selected as the 2024 North American Utility of the Year award, Thursday, Jan. 4, 2024. (AP Photo/Lee Jin-man, File)

Kia EV9, Toyota Prius and Ford Super Duty pickup win 2024 North American SUV, car and truck awards

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The Kia EV9 large electric SUV won the 2024 North American Utility of the Year award, while the Toyota Prius hybrid took the top car honors, and Ford’s Super Duty pickup won the truck award. The … more

1/4/24

A palm tree is reflected in the window of a Walgreens pharmacy in Los Angeles, Friday, March 10, 2023. Walgreens is chopping its dividend nearly in half as the drugstore chain looks to strengthen its balance sheet. The health care giant said Thursday, Jan. 4, 2024 that reducing its quarterly payout to shareholders to 25 cents per share will help free up capital to spend growing its pharmacy and health care businesses. (AP Photo/Jae C. Hong)

Drugstore chain Walgreens cuts quarterly dividend to get more cash to grow its business

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Walgreens is chopping its dividend nearly in half as the drugstore chain looks to strengthen its balance sheet. The health care giant said Thursday that reducing its quarterly payout to shareholders … more

By TOM MURPHY | 1/4/24

Pedestrians pass the New York Stock Exchange on Tuesday, Jan. 2, 2024 in New York. The S&P 500 was lower in midday trading after pulling to the brink of its all-time high set roughly two years ago. (AP Photo/Peter Morgan)

Wall Street's hopes for rate cuts may be too optimistic, like they've been so many times before

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Even when everyone agrees the interest-rate cuts that Wall Street craves so much are coming, there’s still room for potential disappointment. Cuts to rates can supercharge markets, and stock and … more

By STAN CHOE | 1/4/24

Police investigate burnt Japanese coast guard aircraft at Haneda airport on Thursday, Jan. 4, 2024, in Tokyo, Japan. A transcript of communication between traffic control and two aircraft that collided and burst into flames at Tokyo’s Haneda Airport showed that only the larger Japan Airlines passenger flight was given permission to use the runway where a coast guard plane was preparing for takeoff. (Kyodo News via AP)

Successful evacuation from burning Japan Airlines jet highlights dogged devotion to safety

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The swift and safe evacuation of a Japan Airlines jet that caught fire after hitting a Coast Guard aircraft while it was landing Tuesday at Tokyo’s Haneda airport reflects the carrier's dogged … more

By ELAINE KURTENBACH and MARI YAMAGUCHI | 1/4/24

President Joe Biden speaks about his economic agenda at the Wisconsin Black Chamber of Commerce, Wednesday, Dec. 20, 2023, in Milwaukee. (AP Photo/Evan Vucci)

Biden administration announces $162 million to expand computer chip factories in Colorado and Oregon

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The Biden administration is providing $162 million to Microchip Technology to support the domestic production of computer chips. It's the second funding announcement tied to a 2022 law designed to … more

By JOSH BOAK | 1/4/24

Achia Nila, founder of 'Women in Digital' technology center addresses a workshop at a university in Dhaka, Bangladesh, Dec. 26, 2023. Nila said many youngsters feel frustrated with corruption and bureaucracy and prefer to migrate to other countries because of “better opportunities”. Ahead of the Jan. 7 vote being boycotted by the main opposition, Prime Minister Sheikh Hasina is trying to woo the country’s first-time voters by carrying forward her government’s “Digital Bangladesh” project and promising a “smart Bangladesh” by 2041. (AP Photo/Mahmud Hossain Opu)

Young voters in Bangladesh dream of a future free from political chaos as the nation votes Sunday

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For decades, political battles in Bangladesh have been fought on the streets by parties led by two powerful women. But there are signs of a generational change as the country of 169 million heads … more

By JULHAS ALAM and AL-EMRUN GARJON | 1/3/24

FILE - Attorney Gail Evans, of the Center for Biological Diversity's Climate Law Institute, speaks about pollution from oil and natural gas development and frustration with state oversight of the industry outside the state First District Court in Santa Fe, N.M., on Wednesday, May 10, 2023. A bill to ban oil and gas production within a mile (1.6 kilometers) of schools and daycare centers across New Mexico is among the first published proposals as the state legislature prepares for a 30-day session that could bring an overhaul to fundamental oil and gas regulations, Wednesday, Jan. 3, 2024. (AP Photo/Morgan Lee, File)

New Mexico considers setback requirements for oil wells near schools and day care centers

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A bill to ban oil and gas production within a mile (1.6 kilometers) of schools and day care centers across New Mexico is among the first published proposals as the state Legislature prepares for a … more

By MORGAN LEE and SUSAN MONTOYA BRYAN | 1/3/24

In this image taken from video, 13-year-old player named Willis Gibson reacts after playing a game of Tetris. Gibson, who in late December became the first player to officially “beat” the original Nintendo version of the game. By breaking it, of course. Technically, Gibson — aka “blue scuti” in the gaming world — made it to what gamers call a “kill screen,” a point where the Tetris code glitches, crashing the game. (Willis Gibson via AP)

13-year-old gamer becomes the first to beat the 'unbeatable' Tetris — by breaking it

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The falling-block video game Tetris has met its match in 13-year-old Willis Gibson. In late December, he became the first player to officially beat the original Nintendo version of the game — by … more

By DAVID HAMILTON | 1/3/24

FILE - Graffiti that reads in Spanish: "Milei traitor" in Buenos Aires, Argentina, Dec. 21, 2023. Milei has drastically cut spending to end the fiscal deficit and contain inflation of almost 161% annually, including devaluing the peso more than 50%, dismissing public employees, suspending public works and reducing transportation and energy subsidies. (AP Photo/Rodrigo Abd, File)

Argentine court suspends labor changes in a blow to President Milei's economic plan

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A court in Argentina has delivered a blow to labor rule changes announced by President Javier Milei as part of sweeping deregulation and austerity measures aimed at reviving the country’s … more

1/3/24