National Business - The Morning Sun

US Navy destroyer shoots down a Houthi-claimed missile in the Red Sea

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A U.S. Navy destroyer in the Red Sea shot down an anti-ship cruise missile launched by Yemen’s Houthi rebels. The attack late Tuesday targeted the USS Gravely, an Arleigh Burke-class guided missile … more

1/31/24

FILE - Chelsea's soccer club owner Roman Abramovich attends the UEFA Women's Champions League final soccer match against FC Barcelona in Gothenburg, Sweden, May 16, 2021. UK lawmakers said in a report Wednesday it's “incomprehensible” why funds from the sale of the Chelsea football club have not gone to support Ukraine, almost two years after former club owner, Russian billionaire Roman Abramovich, promised to use them to help Ukrainians. (AP Photo/Martin Meissner, File)

UK lawmakers are annoyed that Abramovich's frozen Chelsea funds still haven't been used for Ukraine

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U.K. lawmakers have expressed frustration that funds from the sale of the Chelsea soccer club have not yet gone to support Ukrainian war victims as was promised nearly two years ago by the former … more

By EMMA BURROWS | 1/31/24

FILE - An original, unpublished personal photo of Amelia Earhart dated 1937, along with goggles she was wearing during her first plane crash are seen Friday, Sept. 9, 2011, at Clars Auction Gallery in Oakland, Calif. (AP Photo/Ben Margot, File)

A grainy sonar image reignites excitement and skepticism over Earhart's final flight

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There's new interest in one of the past century's most alluring mysteries and a grainy sonar image is at the heart of both excitement and skepticism. Tony Romeo believes his new South Carolina-based … more

By JAMES POLLARD and BEN FINLEY | 1/31/24

FILE - Republican presidential candidate former President Donald Trump speaks at a campaign event Jan. 27, 2024, in Las Vegas. Trump is meeting with members of the Teamsters Union in Washington as he looks past the GOP primary and towards a general election rematch against President Joe Biden. The former president will participate in a roundtable Wednesday afternoon, Jan. 31m with the group's executive board, its president and rank-and-file members. (AP Photo/John Locher, File)

Trump will meet with the Teamsters in Washington as he tries to cut into Biden's union support

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Former President Donald Trump is meeting with members of the Teamsters Union in Washington as he looks past the GOP primary and towards a general election rematch against President Joe Biden. The … more

By JILL COLVIN and TOM KRISHER | 1/31/24

FILE - The Associated Press' assistant general manager for news photos Hal Buell, center, and Dave Herbert, right, the consultant who wrote the electronic darkroom software, explain PhotoStream at the American Newspaper Publishers Association technical convention in Las Vegas in June 1987. Buell, who led The Associated Press' photo operations from the darkroom era into the age of digital photography over a four-decade career with the news organization that included 12 Pulitzer Prizes and running some of the defining images of the Vietnam War, has died. Buell died Monday, Jan. 29, 2024, in Sunnyvale, Calif., where his daughter lived, after battling pneumonia. He was 92. (AP Photo)

Hal Buell, who led AP's photo operations from darkroom era into the digital age, dies at 92

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Hal Buell, who led The Associated Press’ photo operations from the darkroom era into the age of digital photography over a four-decade career that included 12 Pulitzer Prizes, has died. He was 92. … more

1/30/24

Samsung reports decline in profit but anticipates business improvement driven by chips

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Samsung Electronics has reported an annual 34% decline in operating profit for the last quarter as sluggish demands for its TVs and other consumer electronics products offset hard-won gains from a … more

1/30/24

Microsoft profit soars 33% on AI, cloud-computing investments

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Microsoft Corp. says that its profit for the October-December quarter soared 33%, powered by its significant investments in artificial intelligence technology. The increase owed a great deal to … more

By DAVID HAMILTON | 1/30/24

FILE - Construction workers ride on a beam hanging from a crane at the construction site of a residential high rise building in Mexico City, June 17, 2022. Mexico's economy barely eked out a 0.1% increase in the fourth quarter, bringing estimated growth for 2023 to 3.1%, according to preliminary figures published Tuesday, Jan. 30. 2024, by Mexico’s National Statistics Institute. (AP Photo/Marco Ugarte, File)

Mexico's economy ekes out 0.1% expansion in 4th quarter, posts growth of 3.1% for 2023

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Preliminary figures show Mexico's economy barely eked out a 0.1% increase in the fourth quarter, bringing estimated growth for 2023 to 3.1%. The National Statistics Institute says services advanced … more

1/30/24

Vick Teker, dressed in a national flag outfit holding a sign with a message that reads in Spanish: "I am art and I am hungry", and a woman wearing a T-shirt with a message that reads: "There is no money. I am retired", take part in a demonstration outside Congress as part of a national strike to protest the economic and labor reforms proposed by Argentine President Javier Milei in Buenos Aires, Argentina, Wednesday, Jan. 24, 2024. (AP Photo/Rodrigo Abd)

Argentinian court overturns Milei's labor rules, in a blow to his reform plans

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An Argentine court has overturned labor rules proposed by President Javier Milei that would make it easier to fire workers, in a new blow to the leader’s efforts to shake up regulations that he … more

1/30/24

FILE - President of the football club AS Monaco, Dmitry Rybolovlev, attends a French League two soccer match between Monaco and Caen at the Louis II stadium on May 4, 2013, in Monaco. The Russian billionaire art collector lost a legal fight with Sotheby’s on Tuesday, Jan. 30, 2024, when a U.S. jury sided with the auction house in a lawsuit over claims that the businessman was ripped off while assembling a trove of works. (AP Photo/Lionel Cironneau, File)

Russian billionaire loses art fraud suit against Sotheby's over $160 million

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Russian billionaire art collector Dmitry Rybolovlev lost a legal fight with Sotheby’s when a U.S. jury sided with the auction house. The decision was made Tuesday against the businessman's claims … more

1/30/24

Gamblers line up to make sports bets at the Ocean Casino Resort in Atlantic City, N.J., on Sept. 9, 2018. NFL officials on Tuesday, Jan. 30, 2024, said viewers will only see three sports betting ads during the broadcast of the Super Bowl on Feb. 11. (AP Photo/Wayne Parry)

NFL says Super Bowl viewers will only see 3 sports betting ads during broadcast of the game

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Advertisements for sports betting may seem to be everywhere, but the NFL says viewers will only see three of them during next month's Super Bowl. During an online news conference Tuesday to discuss … more

By WAYNE PARRY | 1/30/24

File - Tesla CEO Elon Musk waves as he arrives at the annual political festival Atreju, organized by the Giorgia Meloni's Brothers of Italy political party, in Rome, Dec. 16, 2023. A judge says Elon Musk must give up a compensation package awarded by Tesla's board of directors that is potentially worth more than $55 billion. (AP Photo/Alessandra Tarantino, File)

Elon Musk cannot keep Tesla pay package worth more than $55 billion, judge rules

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A judge says Elon Musk must give up a compensation package awarded by Tesla’s board of directors that is potentially worth more than $55 billion. The ruling in a Delaware court comes five years … more

Associated Press | 1/30/24

Skates sit in a Conicity Technologies’ grinding machine designed to remove tiny burrs from the metal blades, at the Washington Capitals NHL hockey team practice facility in Arlington, Virginia, Nov. 28, 2023. Dr. Bill Shaffer and son Luke, who come from a metal-cutting background, designed and built the machine they say can dramatically reduce the cutting qualities of skate blades while also keeping them sharp and allowing for better gliding along ice. The death of American hockey player Adam Johnson from a skate cut to the neck during a game in England has led to plenty of talk about how to prevent such injuries in the fast-paced sport, including a new neck laceration protection mandate in the U.S.(AP Photo/Stephen Whyno)

The death of hockey player Adam Johnson by a skate cut has jumpstarted work on protective equipment

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The death of American hockey player Adam Johnson from a skate cut to the neck during a game in England has led to plenty of talk about how to prevent laceration injuries on the ice. It has also … more

By STEPHEN WHYNO | 1/30/24

Starbucks reports record Q1 revenue but disappoints Wall Street as customer spending slows

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Starbucks reported record revenue in its fiscal first quarter. But its results but fell short of Wall Street’s expectations as customer spending slowed in some key markets. The Seattle coffee giant … more

By DEE-ANN DURBIN | 1/30/24

File - Alphabet and Google CEO Sundar Pichai leaves the federal courthouse in Washington, Oct. 30, 2023. Alphabet will publish results after the close of the market on Tuesday, Jan. 30, 2024. (AP Photo/Jose Luis Magana, File)

Google's parent posts double-digit revenue growth in a quarter for first time in nearly 2 years

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Google’s corporate parent returned to double-digit revenue growth during last year’s final quarter. It's a sign the internet powerhouse has regained its footing even as it grapples with … more

By MICHAEL LIEDTKE | 1/30/24

FILE - People stand on a pedestrian bridge by the Tropicana hotel and casino, Aug. 4, 2015, in Las Vegas. The Tropicana Las Vegas, a Sin City namesake for more than six decades, is slated to shut its doors in April 2024 to make room for a $1.5 billion Major League Baseball stadium, Bally's Corp. announced Monday, Jan. 29, 2024. (AP Photo/John Locher, File)

Tropicana Las Vegas, a Sin City landmark since 1957, will be demolished to make way for MLB baseball

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The Tropicana Las Vegas hotel-casino is set to shut its doors April 2 to make room for a $1.5 billion Major League Baseball stadium. Tropicana's owner Bally’s Corp. says the closure marks the … more

Associated Press | 1/30/24

FILE - In this Oct. 20, 2015 file photo, new automobiles being shipped through the Port of Brunswick sit in a vast parking lot at the Colonel's Island terminal in Brunswick, Ga. The Georgia Ports Authority says it handled a record number of automobiles on its docks last year. The state agency reported Tuesday, Jan. 30, 2024 that more than 775,000 autos and heavy machinery units moved through the Port of Brunswick in the 2023 calendar year. (Bobby Haven/The Brunswick News via AP, file)

Georgia seaports handled a record number of automobiles in 2023 while container trade dropped 16%

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The Georgia Ports Authority says it handled a record number of automobiles on its docks last year. The state agency reported Tuesday that more than 775,000 autos and heavy machinery units moved … more

By RUSS BYNUM | 1/30/24

FILE - International Monetary Fund Director of the Research Department Pierre-Olivier Gourinchas speaks at a news conference during the World Bank/IMF Spring Meetings at the International Monetary Fund (IMF) headquarters in Washington, on April 11, 2023. The International Monetary Fund’s chief economist has advised the U.K. government to avoid further tax cuts amid expectations Prime Minister Rishi Sunak’s battered administration will do just that to win over voters in an election year. (AP Photo/Jose Luis Magana, File)

Britain's Conservative government warned against tax cuts by IMF economist

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The International Monetary Fund’s chief economist has advised the U.K. government to avoid further tax cuts amid expectations Prime Minister Rishi Sunak’s battered administration will do just … more

By DANICA KIRKA | 1/30/24

Venezuelan President Nicolas Maduro delivers his annual address at the National Assembly in Caracas, Venezuela, Monday, Jan. 15, 2024. (AP Photo/Ariana Cubillos)

US considering more measures against Venezuelan President Maduro after pulling some sanctions relief

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The U.S. is considering additional measures against Venezuelan President Nicolás Maduro’s government after the South American country’s highest court blocked the presidential candidacy of an … more

By FATIMA HUSSEIN and REGINA GARCIA CANO | 1/30/24

A hiring sign is posted outside of a Domino's restaurant in Wheeling, Ill., Monday, Jan. 29, 2024. On Tuesday, the Labor Department reports on job openings and labor turnover for December. (AP Photo/Nam Y. Huh)

US job openings rose in December, pointing to a still-durable labor market

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America’s employers posted 9 million job openings in December, an increase from November and another sign that the job market remains resilient despite the headwind of higher interest rates. The … more

By PAUL WISEMAN | 1/30/24