National Business - The Morning Sun

House Speaker Mike Johnson of La., walks on Capitol Hill, Thursday, Jan. 18, 2024, in Washington. (AP Photo/Yuri Gripas)

House tees up vote to enhance child tax credit, revive tax breaks for businesses

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The House is aiming to pass a tax cut package expanding the child tax credit for millions of families and restoring three key tax breaks for businesses. Prospects for the measure becoming law are … more

By KEVIN FREKING | 1/31/24

Arian Simone, second left, one of the co-founders and CEOs of The Fearless Fund, walks out of the James Lawrence King Federal Building following a hearing, Wednesday, Jan. 31, 2024, in Miami. A federal appeals court in Miami heard oral arguments Wednesday in a lawsuit against The Fearless Fund, a small venture capital firm that provides early stage funding to businesses owned by women of color, and which conservative activists are targeting as part of a growing legal backlash against corporate diversity programs. (AP Photo/Rebecca Blackwell)

Grant program for Black women comes under tough questioning in key anti-DEI lawsuit

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A small venture capital firm faced tough questions from conservative judges Wednesday as it defended a grant program for Black women-owned businesses in a lawsuit that has become emblematic of a … more

By ALEXANDRA OLSON and DAVID FISCHER | 1/31/24

Preliminary tests are raising concerns that the nation’s roadside guardrails are no match for new heavy electric vehicles. The University of Nebraska safety research facility and the U.S. Army Corps of Engineers crashed a 4-ton EV pickup into a conventional guardrail at 60 mph–which did little to slow it down. (Jan. 31)

Preliminary test crashes indicate the nation's guardrail system can't handle heavy electric vehicles

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Preliminary tests by a University of Nebraska road safety research facility and the U.S. Army Corps of Engineers point to concerns that the nation’s roadside guardrails are no match for new heavy … more

By MARGERY A. BECK | 1/31/24

Democratic Unionist Party (DUP) leader Jeffrey Donaldson speaks to the media during a press conference at Hinch Distillery, Temple, Northern Ireland, Tuesday, Jan. 30, 2024. The Unionist leader met with his executive members who have agreed to endorse a deal and restore power sharing in Northern Ireland. (AP Photo/Peter Morrison)

What's in the deal that has broken Northern Ireland's political deadlock?

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The U.K. government has published the details of a deal that has broken Northern Ireland’s political deadlock. The Democratic Unionist Party has boycotted Northern Ireland’s government for almost … more

By JILL LAWLESS | 1/31/24

Walmart to build or convert 150-plus stores in next 5 years. It hasn't opened new stores in 3 years

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Walmart plans to build or convert more than 150 U.S. stores in the next five years, while continuing to remodel existing stores. The plan, announced Wednesday, marks a big change for the discounter. … more

By ANNE D'INNOCENZIO | 1/31/24

EBay will pay $59 million settlement over pill presses sold online as US undergoes overdose epidemic

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The e-commerce giant eBay will pay a $59 million in a settlement with the Justice Department over thousands of pill press machines sold on the the platform. Federal authorities say the machines can … more

By LINDSAY WHITEHURST | 1/31/24

FILE - PGA Tour Commissioner Jay Monahan speaks during a news conference before the Travelers Championship golf tournament at TPC River Highlands, June 22, 2022, in Cromwell, Conn. The PGA Tour is getting a $3 billion investment from Strategic Sports Group in a deal that would give players access to more than $1.5 billion as equity owners in the new PGA Tour Enterprises. The Associated Press obtained a copy of the announcement expected to be released Wednesday morning, Jan. 31, 2024. Monahan was holding a conference call with players about the deal that was finalized Tuesday night. (AP Photo/Seth Wenig, File)

PGA Tour strikes $3 billion deal with Fenway-led investment group. Players to get equity ownership

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The PGA Tour is getting a $3 billion investment from Strategic Sports Group. The deal gives players access to more than $1.5 billion as equity owners in the new PGA Tour Enterprises. The launch of … more

By DOUG FERGUSON | 1/31/24

Simon & Schuster marks centennial with list of 100 notable books, from 'Catch-22' to 'Eloise'

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One of the world’s largest and most influential publishers, Simon & Schuster is celebrating its 100th anniversary this year. Highlights will include promotional giveaways, a dedicated web site and … more

By HILLEL ITALIE | 1/31/24

This photo provided by Anheuser-Busch shows the Budweiser 2024 Super Bowl NFL football spot. The perennial Super Bowl advertiser is bringing back fan favorites the Clydesdales and a Labrador, in a nod to previous commercials that aired during advertising’s biggest night. Ahead of Super Bowl 58, some advertisers are releasing ads early in the hope of capitalizing on the buzz leading up to the game. (Anheuser-Busch via AP)

Bud brings back Clydesdales as early Super Bowl ad releases offer up nostalgia, humor, celebrities

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Budweiser’s Super Bowl ad is bringing back some familiar characters this year. The perennial Super Bowl advertiser is bringing back fan favorites the Clydesdales and a Labrador, in a nod to … more

By MAE ANDERSON | 1/31/24

File - Workers build a home on Sept. 19, 2023, in Marshall, N.C. On Wednesday, Jan. 31, 2024, the Labor Department reports on wages and benefits for U.S. workers during the last quarter of 2023. (AP Photo/Chris Carlson, File)

US worker paycheck growth slowed late last year, suggesting cooling in the job market

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Pay and benefits for America’s workers slowed last quarter, a trend that could affect the Federal Reserve’s decision about when to begin cutting interest rates. Compensation as measured by the … more

By CHRISTOPHER RUGABER | 1/31/24

Former Scottish First Minister Nicola Sturgeon arrives for the UK Covid-19 Inquiry hearing at the Edinburgh International Conference Centre (EICC) in Edinburgh, Scotland, Wednesday, Jan. 31, 2024. The Scottish leader during the COVID-19 pandemic has admitted that she did delete WhatsApp messages but insisted that anything of relevance to how policymaking was conducted had been made available for the public record. (Jane Barlow/PA via AP)

Scotland ex-leader admits deleting COVID WhatsApp messages but insists no decisions were made on app

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A former leader of Scotland has acknowledged that she deleted WhatsApp messages sent during the COVID-19 pandemic. But Nicola Sturgeon insisted that anything of relevance to how policymaking was … more

By PAN PYLAS | 1/31/24

FILE - A woman walks by models of Boeing Co. aircraft, including the manufacturer's new Boeing 777X, at the Dubai Air Show in Dubai, United Arab Emirates, Wednesday, Nov. 17, 2021. Boeing reports their earnings on Wednesday, Jan. 31, 2024. (AP Photo/Jon Gambrell, File)

Boeing cuts its 4Q loss to $30 million, but that was before one of its jets lost a panel in flight

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Boeing says it lost $30 million in the fourth quarter, and revenue was stronger than expected. But Boeing isn't giving a forecast of 2024 expectations, a sign of uncertainty swirling around the … more

By DAVID KOENIG | 1/31/24

File - TikTok CEO Shou Zi Chew waves as he attends the Paris Peace Forum, in Paris, Nov. 10, 2023. The CEOs of Meta, TikTok, X and other social media companies are testifying before the Senate Judiciary Committee on Wednesday about child safety on their platforms. (Stephanie Lecocq, Pool via AP, File)

Meta, TikTok and other social media CEOs to testify before Senate committee on child exploitation

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The CEOs of Meta, TikTok, X and other social media companies are testifying before the Senate Judiciary Committee on Wednesday about child safety on their platforms. The hearing comes as lawmakers … more

By BARBARA ORTUTAY | 1/31/24

This photo provided by Edmunds shows a Rivian R1T electric pickup near Boulder, Colorado. Many of the potential problems of driving an electric vehicle in cold weather can be offset by planning ahead. (Emme Hall/Edmunds via AP)

Edmunds: What you actually need to know about wintertime driving with an electric vehicle

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Driving an electric vehicle during winter is different from driving a gas- or diesel-powered vehicle. Because of the lithium-ion battery pack that powers an EV, there are certain things EV owners … more

By MICHAEL CANTU | 1/31/24

FILE - Portions of a Norfolk Southern freight train that derailed the night before burn in East Palestine, Ohio, Feb. 4, 2023. The White House says President Joe Biden will visit the eastern Ohio community that was devastated by a fiery train derailment in February 2023. (AP Photo/Gene J. Puskar, File)

Biden will visit Ohio community that was devastated by a fiery train derailment nearly a year ago

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The White House says President Joe Biden will visit the eastern Ohio community that was devastated by a fiery train derailment in February 2023. No date has been given for the Democratic president's … more

By DARLENE SUPERVILLE | 1/31/24

FILE - Taylor Swift performs at the Monumental stadium during her Eras Tour concert in Buenos Aires, Argentina, Nov. 9, 2023. (AP Photo/Natacha Pisarenko, File)

Taylor Swift, Bad Bunny and others may vanish from TikTok as licensing dispute boils over

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Universal Music Group, which represents artists including Taylor Swift, Drake, Adele, Bad Bunny and Billie Eilish, says that it will no longer allow its music on TikTok now that a licensing deal … more

By MICHELLE CHAPMAN | 1/31/24

FILE - CEO of H&M Helena Helmersson presents the financial report at H&M's headquarters in Stockholm, Friday, Jan. 23, 2023. H&M's top executive unexpectedly stepped down Wednesday, Jan. 31, 2024 and the company's stock plunged as the fashion giant reported a drop in sales over the holiday shopping season. (Christine Olsson/TT News Agency via AP, File)

H&M's top leader steps down in surprise move as earnings disappoint

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H&M’s top executive has unexpectedly stepped down and the company’s stock plunged as the fashion giant reported a drop in sales over the holiday shopping season. Helena Helmersson resigned … more

1/31/24

File - This photograph provided by the Indian Navy shows U.S.-owned ship Genco Picardy that came under attack Wednesday from a bomb-carrying drone launched by Yemen's Houthi rebels in the Gulf of Aden, Thursday, Jan.18, 2024. Attacks on ships in the Red Sea by Yemen's Houthi rebels have unraveled a key global trade route, forcing vessels into longer and more costly journeys around Africa. (Indian Navy via AP, File)

EU aims to launch a Red Sea naval mission within 3 weeks to protect ships from rebel attacks

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European Union's foreign policy chief Josep Borrell says he plans an EU naval mission in the Red Sea to be launched by Feb. 17. Iran-backed Houthis in Yemen have waged a persistent campaign of drone … more

1/31/24

FILE - Woman arrange flowers at a street market in Yangon, Myanmar, on Feb. 2, 2021. Myanmar was a rising star in Southeast Asia before its military seized power three years ago in a takeover that has brought civil strife and a tightening vise of sanctions, undoing years of progress and leaving the economy 10% smaller than it was in 2019. (AP Photo/Thein Zaw, File)

Vise tightening on Myanmar's economy 3 years after military takeover triggered civil strife

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Myanmar was a rising star in Southeast Asia before its military seized power three years ago in a takeover that has brought civil strife and a tightening vise of international sanctions, undoing … more

By ELAINE KURTENBACH | 1/31/24

Stocks Shuffle Along, Set New Record Highs

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Cliff Young, a 61-year-old potato farmer, shuffled down the highway for over five days straight to win a grueling 543-mile ultra marathon in 1983. It was his first race, and he ran it wearing … more

Dr. Richard Baker, Fervent Wealth Management | 1/31/24