National Business - The Morning Sun

FILE - FTX founder Sam Bankman-Fried leaves Federal court, Wednesday, July 26, 2023, in New York. Prosecutors asked a New York judge on Friday, March 15, 2024 to sentence FTX founder Sam Bankman-Fried to between 40 and 50 years in prison for cryptocurrency crimes they described as a “historic fraud.”(AP Photo/Mary Altaffer)

Prosecutors seek from 40 to 50 years in prison for Sam Bankman-Fried for cryptocurrency fraud

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Federal prosecutors are asking a New York judge to sentence FTX founder Sam Bankman-Fried to between 40 and 50 years in prison for cryptocurrency crimes they described as a “historic fraud.” … more

By LARRY NEUMEISTER | 3/15/24

Passenger Diego Valenzuela is embraced by his mother Solange Somerville after he arrived from New Zealand, at the international airport in Santiago, Chile, Tuesday, March 12, 2024. Valenzuela was a passenger on flight LA800 in which at least 50 people were injured Monday by what officials described as a “strong movement” on the Chilean plane traveling from Sydney to Auckland, New Zealand. (AP Photo/Esteban Felix)

Boeing tells airlines to check pilot seats after report that an accidental shift led plane to plunge

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Boeing is telling airlines to inspect switches on pilots’ seats after a published report said an accidental seat movement might have caused a jetliner's sudden plunge earlier this week. Boeing said … more

By The Associated Press | 3/15/24

FILE - A trade-in for iPhone XR promotion board is displayed as an Apple employee waits for customers at its retail store in Beijing, Thursday, Jan. 3, 2019. Apple has agreed to pay $490 million to settle a class-action lawsuit alleging CEO Tim Cook misled investors about a steep downturn in the iPhone's sales in China that culminated in a jarring revision to the company's revenue forecast. The preliminary settlement was filed Friday, March 15, 2024, in Oakland, Calif., federal court. (AP Photo/Andy Wong, File)

Apple to pay $490 million to settle allegations that it misled investors about iPhone sales in China

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Apple has agreed to pay $490 million to settle a class-action lawsuit alleging CEO Tim Cook misled investors about a steep downturn in iPhone’s sales in China. The slowdown in China sales … more

By MICHAEL LIEDTKE | 3/15/24

A donut with toppings representing an eclipse is displayed at the Donut Dude shop on Friday, March 8, 2024, in Liberty Township, Ohio. Businesses are capitalizing on the April 8, 2024 solar eclipse expected to dim skies across a generous stretch of North America. (Travel Butler County/RVP Photography via AP)

Businesses are ready for April's total solar eclipse with celestial-themed doughnuts and beer

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With the April 8 total solar eclipse right around the corner, U.S. businesses are ready for the celestial event. Hotels and resorts along the prime path are luring in visitors with special packages … more

By WYATTE GRANTHAM-PHILIPS | 3/15/24

FILE - A sale sign stands outside a home in Wyndmoor, Pa., Wednesday, June 22, 2022. The National Association of Realtors has agreed on Friday, March 15, 2024, to pay $418 million and change its rules to settle lawsuits claiming homeowners have been unfairly forced to pay artificially inflated agent commissions when they sold their home. (AP Photo/Matt Rourke, File)

National Association of Realtors to pay $418 million to settle real estate agent commission lawsuits

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A powerful real estate trade association has agreed to pay $418 million and change its rules to settle lawsuits claiming homeowners have been unfairly forced to pay artificially inflated agent … more

By ALEX VEIGA | 3/15/24

A pioneering bill to slow down fast fashion gets approval from French lawmakers

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France’s parliament has unanimously approved a pioneering bill to curb the environmental impact of fast fashion, marking a significant step towards sustainability in the global fashion industry. … more

By THOMAS ADAMSON | 3/15/24

FILE - Martin Winterkorn, former CEO of the German car manufacturer 'Volkswagen', arrives for a questioning at an investigation committee of the German federal parliament in Berlin, Germany on Jan. 19, 2017. Former Volkswagen CEO Martin Winterkorn is set to go on trial in September on charges of fraud and market manipulation linked to the automaker's diesel emissions scandal, a German court said Friday, March 14, 2024. (AP Photo/Michael Sohn, File)

Trial of former Volkswagen CEO Winterkorn over diesel scandal set to start in September

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A German court says former Volkswagen CEO Martin Winterkorn will go on trial in September on charges of fraud and market manipulation linked to the automaker’s diesel emissions scandal. The state … more

3/15/24

Britain's Vodafone confirms sale of Italian arm to Swisscom for $8.7 billion

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British cellphone company Vodafone has confirmed that it's selling its Italian business to Switzerland’s Swisscom for about $8.7 billion. It said Friday that it will hand back half of the proceeds … more

By PAN PYLAS | 3/15/24

Travelers walk through Philadelphia International Airport in Philadelphia, Friday, Feb. 16, 2024. On Friday, March 15, 2024, the University of Michigan releases its preliminary reading of consumer sentiment for March. (AP Photo/Matt Rourke)

US consumer sentiment ticks down slightly, but most expect inflation to ease further

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Consumers became slightly less optimistic about the economy this month, though they continue to expect inflation to cool further, a potential sign that price increases will keep slowing. The … more

By CHRISTOPHER RUGABER | 3/15/24

Mike Vandrely, construction manager, checks on a battery storage pod at Orsted's Eleven Mile Solar Center lithium-ion battery storage energy facility Thursday, Feb. 29, 2024, in Coolidge, Ariz. Batteries allow renewables to replace fossil fuels like oil, gas and coal, while keeping a steady flow of power when sources like wind and solar are not producing. (AP Photo/Ross D. Franklin)

Across the US, batteries and green energies like wind and solar combine for major climate solution

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In the Arizona desert, a Danish company is building a massive solar farm that includes batteries that charge when the sun is shining and supply energy back to the electric grid when it’s not. … more

By JENNIFER McDERMOTT | 3/15/24

FILE - In a Feb. 16, 2012 photo, an existing home is seen for sale in Shaker Heights, Ohio. More homeowners eager to sell their home are lowering their initial asking price in a bid to entice prospective buyers as the spring homebuying season gets going. Some 14.6% of U.S. homes listed for sale last month had their price lowered, according to Realtor.com. That’s up from 13.2% a year earlier, the first annual increase since May, 2023. (AP Photo/Amy Sancetta, file)

Home sellers are cutting list prices as spring buying season starts with higher mortgage rates

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More homeowners eager to sell their home are lowering their initial asking price in a bid to entice prospective buyers as the spring homebuying season gets going. Some 14.6% of U.S. homes listed for … more

By ALEX VEIGA | 3/15/24

FILE - Turner Broadcasting Chairman and President Ted Turner, left, and Time Warner Chairman and CEO Gerald Levin pose for photographers prior to a news conference at the Time Life Building, Friday, Sept. 22, 1995, in New York. Levin, who led Time Warner Media into a disastrous $112 billion merger with the internet provider America Online, died Wednesday, March 13, 2024. He was 84. (AP Photo/Richard Drew, File)

Gerald Levin, the former Time Warner CEO who engineered a disastrous mega-merger, is dead at 84

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Gerald Levin, who led Time Warner Media into a disastrous $182 billion merger with the internet provider America Online, has died at the age of 84. Levin had been diagnosed with Parkinson's disease, … more

By DAVID HAMILTON | 3/15/24

Honda and Nissan agree to work together on developing electric vehicles and intelligence technology

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Nissan and Honda have agreed to work together on developing electric vehicles and auto intelligence technology to pool resources in a sector where Japanese automakers have fallen behind. The chief … more

By YURI KAGEYAMA | 3/15/24

FILE - A home under construction marked as "SOLD" at a development in Eagleville, Pa., is shown on Friday, April 28, 2023. The United States is slogging through a housing affordability crisis that was decades in the making. The shortage pours cold water on President Joe Biden's assurances that the U.S. economy is strong and underscores the degree to which Republican presidential candidate, former President Donald Trump, has largely overlooked the issue. (AP Photo/Matt Rourke, File)

Why are so many voters frustrated by the US economy? It's home prices

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Going into this election year, the United States is slogging through a housing affordability crisis. At the root of this problem: America failed to build enough homes for its growing population. The … more

By JOSH BOAK | 3/15/24

Ride-hailing drivers celebrate in Minneapolis, Thursday, March 7, 2024, immediately after Minneapolis City Council members voted to pass a measure that would increase wages to drivers of ride-hailing companies, including Uber and Lyft, to an equivalent of more than $15 an hour. Opponents say this may increase costs to customers and increase fears that Uber and Lyft will follow through on their threats to leave the area altogether. (AP Photo/Trisha Ahmed)

Lyft and Uber say they will leave Minneapolis after city council forces them to pay drivers more

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Lyft and Uber say they will cease operations in Minneapolis after the city’s council voted Thursday to override a mayoral veto and require ride-hailing services to increase driver wages to the … more

3/14/24

Meghan, The Duchess of Sussex walks onstage for the keynote "Breaking Barriers, Shaping Narratives: How Women Lead On and Off the Screen" on the first day of the South by Southwest Conference on Friday, March 8, 2024, in Austin, Texas. (Photo by Jack Plunkett/Invision/AP)

Meghan, Duchess of Sussex, returns to Instagram to tease new food, cookbook, cutlery brand

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Meghan, the Duchess of Sussex, has returned to Instagram to tease a new brand that records show could feature jams, household items, cookbooks and cutlery. The former actor left Instagram when she … more

3/14/24

FILE - An American Airlines Boeing 777 is framed by utility wires as it prepares to land at Miami International Airport, Wednesday, Jan. 27, 2021, in Miami. An American Airlines flight landed safely in Los Angeles on Wednesday, March 13, 2024, after the flight crew reported a potential mechanical issue with the plane. (AP Photo/Wilfredo Lee, File)

Federal officials say they're investigating a tire problem on an American Airlines flight to LA

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Federal officials are investigating after an American Airlines plane flying from Dallas to Los Angeles suffered a tire problem. American flight 345 landed safely at Los Angeles International Airport … more

3/14/24

FILE - A syringe is prepared at a clinic in Norristown, Pa., Dec. 7, 2021. The Environmental Protection Agency finalized a rule Thursday, March 14, 2024, imposing stricter limits on a chemical used to sterilize medical equipment after finding a higher-than-expected cancer risk at facilities that use ethylene oxide to clean billions of devices including catheters and syringes. (AP Photo/Matt Rourke, File)

EPA tightens limits on a chemical used to sterilize medical equipment, citing cancer risk

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The Environmental Protection Agency is imposing stricter limits on a chemical used to sterilize medical equipment after finding a higher-than-expected cancer risk at facilities that use ethylene … more

By MATTHEW DALY | 3/14/24

The entrance to the Wisconsin Supreme Court chambers in the state Capitol in Madison, Wis. The court on Thursday, March 14, 2024 ruled that religious exemptions to the state's unemployment tax don't apply to a Superior-based Catholic charities ministry. (AP Photo/Todd Richmond)

A Wisconsin ruling on Catholic Charities raises the bar for religious tax exemptions

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A ruling by the Wisconsin Supreme Court is raising the bar for religions to show that their charity arms deserve tax exemptions. The state Supreme Court on Thursday rejected a Catholic charities … more

By TODD RICHMOND | 3/14/24

FILE - Dr. Craig Wright arrives at the Federal Courthouse, on Nov. 16, 2021, in Miami. Britain's high court ruled Thursday March 14, 2024 that an Australian computer scientist is not, as he claimed, the mysterious creator of the bitcoin cryptocurrency. Craig Wright has for eight years claimed that he was the man behind “Satoshi Nakamoto,” the pseudonym that masked the identity of the creator of bitcoin. (AP Photo/Marta Lavandier, File)

British high court rules Australian computer scientist not mysterious bitcoin founder as he claims

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Britain’s high court has ruled that an Australian computer scientist is not, as he claimed, the mysterious creator of the bitcoin cryptocurrency. Craig Wright has for eight years claimed that he … more

By PAN PYLAS | 3/14/24