National Business - The Morning Sun

Warner Bros. Discovery sues NBA for not accepting its matching offer

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Warner Bros. Discovery has sued the NBA after the league did not accept the company’s matching offer for one of the packages in its upcoming 11-year media rights deal. The lawsuit was filed on … more

By JOE REEDY | 7/26/24

Buffalo Bills owner Terry Pegula holds his wife Kim Pegula's hand as he escorts her off the field after she met with the players in the end zone following the end of training camp in Pittsford, N.Y., Friday, July 26, 2024. (AP Photo/John Wawrow)

Bills co-owner Kim Pegula breaks team huddle in latest sign of her recovery from cardiac arrest

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Buffalo Bills co-owner Kim Pegula showed significant signs in her recovery from a debilitating cardiac arrest by being escorted to the field by her husband to break the post-practice team huddle. … more

By JOHN WAWROW | 7/26/24

FILE - Actor Kevin Spacey walks outside Southwark Crown Court in London, July 26, 2023. Spacey’s $5.6 million waterfront condominium in Baltimore sold at auction on Thursday, July 25, 2024. (AP Photo/Alberto Pezzali, File)

Kevin Spacey's waterfront Baltimore condo sold at auction after foreclosure

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Kevin Spacey’s $5.6 million waterfront condominium in Baltimore has been sold at auction amid the disgraced actor's financial struggles following a slew of sexual misconduct allegations. Spacey … more

7/26/24

This image released by 20th Century Studios/Marvel Studios shows Ryan Reynolds as Deadpool/Wade Wilson, left, and Hugh Jackman as Wolverine/Logan in a scene from "Deadpool & Wolverine." (20th Century Studios/Marvel Studios via AP)

‘Deadpool & Wolverine’ is already breaking box office records, with more possible soon

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“Deadpool & Wolverine” has gotten off to a supercharged start at the box office, breaking the Thursday preview record for an R-rated movie. The comic-book film sold an estimated $38.5 million … more

By LINDSEY BAHR | 7/26/24

FILE - This 2002 electron microscope image made available by the Centers for Disease Control and Prevention shows a Listeria monocytogenes bacterium. Health officials have announced a recall of liverwurst and deli meat products, Friday, July 26, 2024, in connection with a national listeria outbreak that has sickened nearly three dozen people in 13 states. (Elizabeth White/CDC via AP, File)

Recall of Boar's Head deli meats announced during investigation of listeria outbreak

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U.S. health officials have announced a recall of some Boar's Head liverwurst and other deli meats as they investigate a listeria outbreak. The outbreak has sickened nearly three dozen people and … more

By MIKE STOBBE | 7/26/24

FILE - The Department of Justice seals is seen during a news conference at the Department of Justice in Washington, Tuesday, May 16, 2023. A federal grand jury in California has charged activist short seller Andrew Left with multiple counts of securities fraud, Friday, July 26, 2024, for a $16 million stock market manipulation scheme. (AP Photo/Jose Luis Magana, file)

Federal grand jury charges short seller Andrew Left in $16M stock manipulation scheme

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A federal grand jury in California has charged activist short seller Andrew Left with multiple counts of securities fraud for a $16 million stock market manipulation scheme. The Department of Justice … more

By MICHELLE CHAPMAN | 7/26/24

FILE - A woman shops at a retail store in Schaumburg, Ill., Dec. 18, 2023. On Friday, June 26, 2024, the Commerce Department issues its report on consumer spending for June. (AP Photo/Nam Y. Huh, File)

Fed's preferred inflation gauge cools, adding to likelihood of a September rate cut

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The Federal Reserve’s favored inflation measure remained low last month, bolstering evidence that price pressures are steadily cooling and setting the stage for the Fed to begin cutting interest … more

By CHRISTOPHER RUGABER | 7/26/24

Casey Tylek, a U.S. Army veteran, stands for a portrait at his home in Leominster, Mass., on July 13, 2024. Tylek credits MDMA-assisted therapy with resolving anger, anxiety and trauma stemming from a rocket attack in in Iraq. (AP Photo/Shelby Lum)

Veterans lobbied for psychedelic therapy, but it may not be enough to save MDMA drug application

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Military veterans have spent years lobbying for the use of psychedelic drugs to treat PTSD, but a sharply critical review of the club drug MDMA has put the therapy's approval in doubt. The negative … more

By MATTHEW PERRONE | 7/26/24

Wood pellet production skyrocketed across the U.S. South to feed the European Union’s recent push for renewable energy but residents near manufacturing plants -- often those in poor, rural swaths -- believe the process is making people sick. (AP video by Stephen Smith)

Wood pellets boomed in the US South. Climate activists want Biden to stop boosting industry growth

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Wood pellet production has skyrocketed across the U.S. South to feed the European Union’s push for renewable energy to replace fossil fuels. But many people who live near manufacturing plants … more

By JAMES POLLARD, JULIE WATSON and STEPHEN SMITH | 7/26/24

FILE - Sri Lankan President Ranil Wickremesinghe greets a group of school children who welcomed him with a song during the 76th Independence Day commemoration ceremony of Sri Lanka in Colombo, Sri Lanka, on Feb. 4, 2024. Sri Lanka’s independent elections commission has said the country’s presidential elections will be held on Sept. 21, 2024, a vote that will likely be a test of confidence on Wickremesinghe’s efforts to resolve the country’s worst economic crisis. (AP Photo/Eranga Jayawardena, File)

Sri Lanka will hold presidential election on Sept. 21, its first since declaring bankruptcy in 2022

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Sri Lanka will hold a presidential election on Sept. 21 that will likely be a test of confidence in President Ranil Wickremesinghe’s efforts to resolve the country’s worst economic crisis. The … more

By BHARATHA MALLAWARACHI | 7/25/24

FILE - The freighter Manitowoc makes its way down the Detroit River past continuing construction on the Canadian span of the Gordie Howe International Bridge, Dec. 29, 2023, in Detroit. On Wednesday, July 24, 2024, workers linked the U.S. and Canadian sides of the new Gordie Howe International Bridge spanning the Detroit River, a major step in bringing the monumental project to completion. (Daniel Mears/Detroit News via AP, File)

Workers link US, Canadian sides of new Gordie Howe International Bridge over Detroit River

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Workers have linked the U.S. and Canadian sides of the new Gordie Howe International Bridge spanning the Detroit River. The Detroit News reports the workers finished connecting southwest Detroit and … more

7/25/24

This image provided by Abbott shows how to identify the lot or serial number on a FreeStyle Libre 3 glucose monitors to determine whether the sensor inside is one of those being recalled by the company, Wednesday, July 24, 2024. The medical device maker said some sensors on its FreeStyle Libre 3 system may incorrectly report high blood sugar levels, prompting patients to take insulin when they don’t need it. (Abbott via AP)

Abbott warns that some of its blood sugar monitors may need replacement due to incorrect readings

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Abbott is warning that sensors on some of its blood sugar monitoring systems may need to be replaced to prevent inaccurate readings. The medical device maker said Thursday that testing showed that … more

By The Associated Press | 7/25/24

FILE - Giant wind turbine blades for the Vineyard Winds project are stacked on racks in the harbor, July 11, 2023, in New Bedford, Mass. The maker of a massive wind turbine blade that broke apart off Nantucket Island and washed up on the beaches says a manufacturing problem was responsible. (AP Photo/Charles Krupa, File)

Company says manufacturing problem was behind wind turbine blade breaking off Nantucket Island

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The maker of a massive wind turbine blade that broke apart off Nantucket Island says a manufacturing problem was responsible. GE Vernova, on a conference call Wednesday, said that insufficient … more

7/25/24

OpenAI tests ChatGPT-powered search engine that could compete with Google

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OpenAI is testing a ChatGPT-powered search engine that could put the artificial intelligence company in direct competition with search giant Google and affect the flow of internet traffic seeking … more

7/25/24

FILE - Norfolk Southern locomotives are moved through the Conway Terminal in Conway, Pa., June 17, 2023. Norfolk Southern reports earnings on Thursday, July 25, 2024. (AP Photo/Gene J. Puskar, File)

Norfolk Southern profits complicated by derailment insurance payments, proxy fight and productivity

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Norfolk Southern got a boost during the second quarter from insurance payments related to last year's disastrous East Palestine derailment, but it also made progress in reducing its expenses and … more

By JOSH FUNK | 7/25/24

FILE - A line of unsold 2024 F150 and Lightning electric pickup trucks sit at a Ford dealership Sunday, May 19, 2024, in Denver. Investors are punishing auto company stocks this week, Thursday, July 25, after second-quarter earnings exposed industrywide issues of slowing sales and high prices in the face of huge capital investments in electric and gas vehicles. (AP Photo/David Zalubowski, File)

Automakers hit 'significant storm,' as buyers reject lofty prices at time of huge capital outlays

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Investors are punishing automakers’ stocks this week after second-quarter earnings reports exposed industrywide issues of slowing sales and high prices. That has come just as the companies are … more

By TOM KRISHER | 7/25/24

Simone Biles of the United States prepares to practice during a gymnastics training session at Bercy Arena at the 2024 Summer Olympics, Thursday, July 25, 2024, in Paris, France. (AP Photo/Abbie Parr)

US viewers' Olympic interest is down, poll finds, except for Simone Biles

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On the heels of low ratings for the coronavirus pandemic-marred Tokyo and Beijing Olympics, Paris may not do much better among U.S. viewers. That's according to a poll from Gallup released Thursday. … more

7/25/24

Assembly line worker Sheila Buckley tries to keep cool while on the picket line as members of United Auto Workers Local 282 are on strike against Lear, a car and truck seat manufacturer in Wentzville, Mo. on Tuesday, July 23, 2024. The strike led to a shutdown at the nearby GM assembly plant. (Robert Cohen/St. Louis Post-Dispatch via AP)

Workers at GM seat supplier in Missouri each tentative agreement, end strike

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The union representing workers at Lear Corp.’s Missouri plant that makes seats for General Motors vehicles says it has reached a tentative agreement with the company, ending a strike that was in … more

By The Associated Press | 7/25/24

FILE - The sign for Norwood Hospital, a Steward Health Care hospital, is seen, June 29, 2020, in Norwood, Mass. Senate committee voted Thursday, July 25, 2024, to authorize an investigation into the bankruptcy of Steward Health Care and to subpoena the company’s CEO, Dr. Ralph de la Torre. (AP Photo/Steven Senne, File)

Senate committee votes to investigate Steward Health Care bankruptcy and subpoena its CEO

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A Senate committee has voted to authorize an investigation into the bankruptcy of Steward Health Care and to subpoena the company’s CEO. The subpoena would compel Dr. Ralph de la Torre to testify … more

By STEVE LeBLANC | 7/25/24

Cyprus' Energy Minister George Pananastasiou talks during an interview in his office at the Energy Ministry in Nicosia, Cyprus, Thursday July 25, 2024. The future of an electricity cable linking the power grids of Greece, Cyprus and Israel will be cleared up next month when a ruling is expected on whether Cypriot consumers would pick up the tab for the cable's four-year construction costs, Pananastasiou said Thursday. (AP Photo/Petros Karadjias)

Future of undersea electricity cable linking Greece, Cyprus and Israel will be decided next month

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Cyprus' energy minister says the future of an electricity cable linking the power grids of Greece, Cyprus and Israel will be settled next month. That's when the Cypriot energy regulator is due to … more

By MENELAOS HADJICOSTIS | 7/25/24