National Business - The Morning Sun

Ukrainian President Volodymyr Zelenskyy displayed on a screen as he addresses the audience from Kyiv on a screen during the World Economic Forum in Davos, Switzerland, Monday, May 23, 2022. The annual meeting of the World Economic Forum is taking place in Davos from May 22 until May 26, 2022. (AP Photo/Markus Schreiber)

Davos meeting gabfest to wrap up with German leader

After days of discussions about Russia’s war in Ukraine, climate change and other hot-button global issues, the World Economic Forum’s annual meeting in Davos is set to conclude with a speech … more

By JAMEY KEATEN | 5/26/22

FILE - Nathan Carman, accused by family members of killing his millionaire grandfather and possibly his mother in an attempt to collect inheritance money, speaks during a probate hearing in district court in Concord, N.H., April 3, 2018. Nearly six years after Carman told authorities his mother drowned at sea off the coast of New England, he has been indicted in her killing. (AP Photo/Elise Amendola, Pool, File)

Nearly 6 years later, man indicted in mother's death at sea

Nearly six years after Nathan Carman told authorities his mother drowned at sea off the coast of New England, he has been indicted in her killing. Why did it take so long when investigators had … more

By DAVE COLLINS and DENISE LAVOIE | 5/26/22

FILE - Solomon Islands Foreign Minister Jeremiah Manele, left, and Chinese Foreign Minister Wang Yi talk during a ceremony to mark the establishment of diplomatic relations between the Solomon Islands and China at the Diaoyutai State Guesthouse in Beijing on Sept. 21, 2019. Wang is visiting the South Pacific with a 20-person delegation this week in a display of Beijing's growing military and diplomatic presence in the region. (AP Photo/Mark Schiefelbein, Pool, File)

EXPLAINER: What's at stake for China on South Pacific visit?

China's Foreign Minister Wang Yi is visiting South Pacific nations amid concerns over Beijing's growing military and diplomatic presence in the region. The U.S. traditionally has been the major power … more

5/25/22

Boeing's CST-100 Starliner spacecraft lands at White Sands Missile Range's Space Harbor, Wednesday, May 25, 2022, in New Mexico. (Bill Ingalls/NASA via AP)

Boeing capsule lands back on Earth after space shakedown

Boeing's astronaut taxi has returned to Earth from the International Space Station, completing a repeat test flight with a mannequin on board. The Starliner capsule parachuted into the New Mexico … more

By MARCIA DUNN | 5/25/22

FILE - In this July 13, 2007, photo, workers with the Pebble Mine project test drill in the Bristol Bay region of Alaska, near the village of Iliamma. The U.S. Environmental Protection Agency is proposing restrictions that would hinder plans for a copper and gold mine in Alaska's Bristol Bay region. It is the latest in a long-running dispute over efforts by developers to advance a mine in a region known for its salmon runs. (AP Photo/Al Grillo, File)

EPA proposes restrictions in fight over Alaska mine

The U.S. Environmental Protection Agency is proposing restrictions that would block plans for a copper and gold mine in Alaska’s Bristol Bay region. It is the latest in a long-running dispute over … more

By BECKY BOHRER | 5/25/22

FILE - In this April 26, 2017, photo is a Twitter app icon on a mobile phone in Philadelphia. Twitter will pay a $150 million penalty and put in new safeguards to settle federal regulators’ allegations that the social platform failed to protect the privacy of users’ data over a six-year span. The Justice Department and the Federal Trade Commission announced the settlement Wednesday, may 25, 2022, with Twitter. (AP Photo/Matt Rourke, File)

Twitter to pay $150M penalty over privacy of users' data

Twitter will pay a $150 million penalty and put in new safeguards to settle federal regulators’ allegations that the social platform failed to protect the privacy of users’ data over a six-year … more

By MARCY GORDON | 5/25/22

FILE - American Airlines ticket agent Henry Gemdron, left, works with a customer at Miami International Airport in Miami, on Sept. 30, 2020. The Biden administration is siding against the airline industry in a case that involves whether California-based flight crews should get the rest breaks that are required under state law. The airlines say they should not — that only the federal government can regulate the airline industry. On Wednesday, May 25, 2022 the Biden administration asked the U.S. Supreme Court to let the California law stand or send the matter back to lower courts for more consideration. (AP Photo/Lynne Sladky, File)

Administration opposes airlines in lawsuit over crew breaks

The Biden administration is siding against the airline industry in a case that involves whether California-based flight crews should get the rest breaks that are required under state law. The … more

By The Associated Press | 5/25/22

FILE - Brazil's President Jair Bolsonaro attends a ceremony marking Army Day at Army headquarters in Brasilia, Brazil, April 19, 2022. Bolsonaro signed a decree Tuesday, May 24, 2022 that creates stricter rules against environmental crimes in the Amazon rainforest, such as fraud in timber licensing. (AP Photo/Eraldo Peres, File)

Brazil toughens environmental fines in reaction to a lawsuit

Brazil's President Jair Bolsonaro signed a decree Tuesday that creates stricter rules against environmental crimes in the Amazon rainforest, such as fraud in timber licensing. The new legislation … more

by FABIANO MAISONNAVE | 5/25/22

Erica Lafferty, whose mother Dawn Lafferty Hochsprung was killed during the Sandy Hook school shooting in 2012, points out some of the names of friends and family at the playground honoring her mother in Watertown, Conn., Wednesday, May 25, 2022. (AP Photo/Seth Wenig)

'I've got to dig deep': Texas shooting tests Newtown parents

Some relatives of the victims of the 2012 attack on the Sandy Hook Elementary School in Newtown, Connecticut, who channeled grief into advocacy have claimed success, gradually, in areas including gun … more

By MICHAEL MELIA | 5/25/22

FILE - President Joe Biden arrives at the White House, in Washington, from his Asian trip, Tuesday, May 24, 2022. The Congressional Budget Office released an economic outlook Wednesday saying that high inflation will persist into next year, likely causing the federal government to pay higher interest rates on its debt. (AP Photo/Manuel Balce Ceneta, File)

Congressional Budget Office says inflation to last into 2023

The Congressional Budget Office says that high inflation will persist into next year. This will likely cause the federal government to pay higher interest rates on its debt. The nonpartisan agency … more

By FATIMA HUSSEIN | 5/25/22

With Indianapolis 500 at full throttle, business is booming

Merchants near the Indianapolis Motor Speedway are welcoming a return to full capactiy. Hotels are filling up. It's a challenge to keep merchandise in stock. Restaurants are bustling with customers. … more

By MICHAEL MAROT | 5/25/22

FILE - Water drips from a faucet near boat docks sitting on dry land at the Browns Ravine Cove area of drought-stricken Folsom Lake, in Folsom, Calif., on May 22, 2021. The sight of fountains, swimming pools, gardens and golf courses in Western cities like Phoenix, Los Angeles, Las Vegas, San Diego and Albuquerque can seem jarring with drought and climate change tightening their grip on the region. But Western water experts say they aren’t necessarily cause for concern. Many Western cities over the past three decades have diversified their water sources, boosted local supplies, and use water more efficiently now than in the past.(AP Photo/Josh Edelson, File)

EXPLAINER: How cities in the West have water amid drought

The sight of fountains, swimming pools, gardens and golf courses in Western cities like Phoenix, Los Angeles, Las Vegas, San Diego and Albuquerque can seem jarring as drought and climate change … more

By SUMAN NAISHADHAM | 5/25/22

FILE - Detroit Lions defensive coordinator Aaron Glenn talks during an NFL football practice in Allen Park, Mich., Thursday, June 10, 2021. For 15 years, Aaron Glenn was an outstanding NFL cornerback, a team leader, and a coach in the making. He believes he's ready for a head-coaching gig. (AP Photo/Paul Sancya, File)

Accelerator program overdue for NFL diversity. Will it help?

For 15 years, Aaron Glenn was an outstanding NFL cornerback, a team leader, and a coach in the making. Teammates, fans and coaches of the New York Jets, for whom he spent eight seasons as a shutdown … more

By BARRY WILNER | 5/25/22

FILE - In this Feb. 14, 2019, file photo, people stand in the lobby for Amazon offices in New York. Amazon shareholders on Wednesday, May 25, 2022 voted down a proposal calling for an independent audit of working conditions at the e-commerce behemoth's warehouses. (AP Photo/Mark Lennihan, File)

Amazon shareholders nix warehouse working conditions audit

Amazon shareholders have voted against a proposal calling for an independent audit of working conditions at the company’s warehouses. The e-commerce company opposed the proposal and the 14 others … more

Associated Press | 5/25/22

Hassan El Houry CEO National Aviation Services poses for a photo during an interview with The Associated Press at the World Economic Forum in Davos, Switzerland, Tuesday, May 24, 2022. The annual meeting of the World Economic Forum is taking place in Davos from May 22 until May 26, 2022. (AP Photo/Kelvin Chan )

Davos gathering overshadowed by global economic worries

The risks to the global economy are leading to an increasingly gloomy view of the months ahead as corporate leaders, government officials and other VIPs gather at the World Economic Forum meeting in … more

By KELVIN CHAN | 5/25/22

Special police is on guard on the roof of the congress hotel at the 51st annual meeting of the World Economic Forum, WEF, on Tuesday, May 24, 2022, in Davos, Switzerland. The forum has been postponed due to the Covid-19 outbreak and was rescheduled to early summer. The meeting brings together entrepreneurs, scientists, corporate and political leaders in Davos under the topic "History at a Turning Point: Government Policies and Business Strategies" from 22 - 26 May 2022. (Gian Ehrenzeller/Keystone via AP)

Davos updates | Pfizer offers low-cost drugs to poor nations

Pfizer says it will provide nearly two dozen products, including its top-selling COVID-19 vaccine and treatment, at not-for-profit prices in some of the world’s poorest countries. The drugmaker … more

5/25/22

Ibrahim Kalin, the spokesman of President Recep Tayyip Erdogan, second left, and Turkish delegation speak with Finnish delegation headed by Jukka Salovaara, the Foreign Ministry Undersecretary, third right, in Ankara, Turkey, Wednesday, May 25, 2022. Senior officials from Sweden and Finland met with Turkish counterparts in Ankara on Wednesday in an effort to overcome Turkey's strong objections to the Nordic nations' bids to join NATO. Sweden and Finland submitted their written applications to join NATO last week.(Turkish Presidency via AP)

Sweden, Finland delegations in Turkey for NATO talks

Delegations from Sweden and Finland are scheduled to hold talks with senior Turkish officials in an effort to overcome Turkey’s objections to their historic bids to join the NATO alliance. The … more

By SUZAN FRASER | 5/25/22

FILE - Kansas City Federal Reserve President Esther George listens during a closed door meeting with representatives of the marijuana industry in Colorado, on April 9, 2015, in Denver. George, said Wednesday, ay 25, 2022, that she will retire in January, as required by the Fed's mandatory retirement rules. (AP Photo/David Zalubowski, File)

Kansas City Fed President Esther George announces retirement

Esther George, the president of the Federal Reserve Bank of Kansas City, will retire in January, as required by the Fed’s mandatory retirement rules. George, who has typically supported higher … more

By CHRISTOPHER RUGABER | 5/25/22

FILE - In this Feb. 19, 2019, file photo, West Virginia Attorney General Patrick Morrisey speaks at a news conference in Martinsburg, W.Va. Attorneys for the state of West Virginia and two remaining pharmaceutical manufacturers have reached a tentative $161.5 million settlement just as closing arguments were set to begin in a seven-week trial over the opioid epidemic, Attorney General Patrick Morrisey said Wednesday, May 25, 2022. (Matthew Umstead/The Herald-Mail via AP, File)

Tentative $161.5 million settlement reached in opioid trial

Attorneys for the state of West Virginia and two remaining pharmaceutical manufacturers have reached a tentative $161.5 million settlement. Attorney General Patrick Morrisey announced the development … more

By JOHN RABY | 5/25/22

File - Treasury Secretary Janet Yellen testifies before the Senate Banking, Housing, and Urban Affairs Committee hearing, May 10, 2022, on Capitol Hill in Washington. The U.S. will close the last avenue for Russia to pay back its billions in debt to international investors on Wednesday, making a Russian default on its debts for the first time since the Bolshevik Revolution all but inevitable. The Treasury Department said in a notification Tuesday that it does not plan to renew the license to allow Russia to keep paying its debtholders through American banks. (Tom Williams/Pool via AP, File)

Russia says it will pay foreign debt in rubles after US ban

Russia says it will pay dollar-denominated foreign debt in rubles, a move that is likely to be seen by foreign investors as a default. The U.S. Treasury Department allowed a license to expire … more

By The Associated Press | 5/25/22