National Business - The Morning Sun

Artificial intelligence market faces review from UK watchdog

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Britain’s competition watchdog is opening a review of the artificial intelligence market, focusing on the technology underpinning chatbots like ChatGPT. The Competition Markets Authority said … more

5/4/23

Shell posts $9.6 billion profit even as energy prices slide

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Global energy giant Shell says it earned nearly $10 billion in the first quarter, becoming the latest fossil fuel company to post strong financial results despite sliding oil and gas prices. … more

5/4/23

President Joe Biden greets the audience in the Rose Garden of the White House in Washington, Monday, May 1, 2023, about National Small Business Week, as Vice President Kamala Harris looks on. (AP Photo/Susan Walsh)

Harris to meet with CEOs about artificial intelligence risks

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Vice President Kamala Harris will meet with the CEOs of four major companies developing artificial intelligence. The Biden administration is rolling out initiatives meant to ensure the rapidly … more

By MATT O'BRIEN and JOSH BOAK | 5/4/23

A tram drives past the European Central Bank building in Frankfurt, Germany, Tuesday, May 2, 2023. The ECB's governing council will meet on Thursday. (AP Photo/Michael Probst)

Europe's central bank weighs jumbo rate hike after Fed slows

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The European Central Bank is deciding how big to go with its interest rate hike. The bank could go with a half-point increase Thursday, the seventh jumbo boost in a row. Or it could slow down the … more

By DAVID McHUGH | 5/4/23

FILE - A ship is docked at the Port of Los Angeles on Nov. 21, 2022. A confidential document obtained by The Associated Press shows the International Chamber of Shipping advised its national branches in March that member companies should "give careful consideration to the possible implications" before committing to a new plan to reduce maritime emissions. (AP Photo/Damian Dovarganes, File)

Shipping lobby group advises caution on climate targets

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An influential shipping industry group has quietly warned shippers to think carefully before they sign up for a new plan to reduce pollution and eventually eliminate their contribution to climate … more

By ED DAVEY | 5/4/23

A currency trader works near the screens showing the Korea Composite Stock Price Index (KOSPI), top center, and the foreign exchange rate between U.S. dollar and South Korean won, top right, at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, May 4, 2023. Markets: Asian stock markets were mixed Thursday after the Federal Reserve raised its benchmark lending rate again to cool inflation and said it isn't sure what may come next. (AP Photo/Ahn Young-joon)

Stock market today: Asian markets higher after US rate hike

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Asian stock markets are mostly higher after the Federal Reserve raised its benchmark lending rate again to cool inflation and said it isn’t sure what may come next. Shanghai and Hong Kong advanced … more

By JOE McDONALD | 5/4/23

Al Patel puts away a delivery at his newly opened Pitt Discount Store, 2707 N. Broadway.

Local businessman deeply rooted in community

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PITTSBURG, Kans. — Local businessman, Al Patel, has opened three separate businesses in the community, and he has plans for adding another. In 2017, Patel opened the … more

By Shawn R. Bostwick [email protected] | 5/4/23

Taiwan Trade Minister John Chen-Chung Deng speaks during an interview with the Associated Press at Willard Hotel's Café du Parc, in Washington, Wednesday, May 3, 2023. (AP Photo/Carolyn Kaster)

Taiwan trade chief warns against 'unnecessary fear' of China

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Taiwan’s chief trade representative says his country’s semiconductor makers will expand production in the U.S. as much as they can afford to do so. But John Chen-Chung Deng tells The Associated … more

By ELLEN KNICKMEYER | 5/4/23

FILE - Republican state Sen. Todd Weiler looks on as he sits on the Senate floor on March 2, 2023, at the Utah State Capitol in Salt Lake City. A law requiring porn sites verify the age of their users takes effect on Wednesday, May 3, 2023, in Utah, a deeply conservative state where politics and culture are dominated by The Church of Jesus Christ of Latter-day Saints. Its implementation comes days after Pornhub blocked its site and videos in Utah in protest. (AP Photo/Rick Bowmer, File)

Utah law requiring porn sites verify user ages takes effect

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A Utah law requiring adult websites verify the ages of their users has taken effect. Pornhub vowed to disable access to its website until the law is changed. The law took effect Wednesday and … more

By SAM METZ | 5/3/23

FILE - President Joe Biden walks with House Speaker Kevin McCarthy, R-Calif., as he departs the Capitol following the annual St. Patrick's Day gathering, in Washington, Friday, March 17, 2023. Facing the risk of a government default as soon as June 1, President Joe Biden has invited the top four congressional leaders to a White House meeting for talks. (AP Photo/J. Scott Applewhite, File)

White House warns of recession as debt limit fight drags on

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White House economists are warning of “severe damage” to the U.S. economy in the event of a debt default. And in a new report, they detail potential job losses and stunted economic growth if … more

By ZEKE MILLER and JOSH BOAK | 5/3/23

FILE - A cursor moves over Google's search engine page, Aug. 28, 2018, in Portland, Ore. Good news for all the password-haters out there: Google has taken a big step toward making them an afterthought by adding “passkeys” as a more straightforward and secure way to log into its services. (AP Photo/Don Ryan, File)

Hate passwords? You're in luck - Google is sidelining them

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Good news for all the password-haters out there: Google has taken a big step toward making them an afterthought by adding “passkeys” as a more straightforward and secure way to log into its … more

By DAVID HAMILTON | 5/3/23

FILE - A McDonald's sign at a restaurant in downtown Pittsburgh, April 24, 2017. Federal investigators found more than 300 minors, including the 10-year-olds, were working illegally, the Labor Department said in a statement Tuesday, May 2, 2023. (AP Photo/Keith Srakocic, File)

McDonald’s franchises fined for child labor violations

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Federal officials say two 10-year-olds are among the 300 children who worked at a McDonald’s restaurants in Kentucky with no or little pay. The Labor Department says its fining the owners of three … more

5/3/23

FILE - A United Airlines jetliner lifts off from Denver International Airport, June 10, 2020, in Denver. United Airlines said Wednesday, May 3, 2023, that it hired 7,000 new workers in the first four months of this year and plans to hit 15,000 new hires by year end, matching the number it hired last year. (AP Photo/David Zalubowski, File)

United plans to hire 15,000, adding to surge in airline jobs

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The hiring sign is out at United Airlines. The airline said Wednesday that it plans to add 15,000 workers this year, and hired 7,000 in just the past four months. It's part of a trend, as airlines … more

By DAVID KOENIG | 5/3/23

Senate Majority Leader Chuck Schumer, D-N.Y., joined by Senate committee chairs, tells reporters about legislation to strengthen U.S. manufacturing and jobs, especially in competition with China, at the Capitol in Washington, Wednesday, May 3, 2023. (AP Photo/J. Scott Applewhite)

New legislation to counter China pushed by Senate Democrats

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Senate Democrats have launched a new legislative effort aimed at taking on China. Democratic Leader Chuck Schumer on Wednesday said they will propose new legislation to try and prevent U.S. … more

By KEVIN FREKING | 5/3/23

FILE - An overview of the Swiss parliament in Bern, Switzerland, Sept. 15, 2014. Switzerland’s lower house of parliament has voted to tighten ties with the legislature in Taiwan, a move that could further rankle China after recent visits by Western lawmakers to the island. The Swiss National Council voted 97-87 with eight abstentions late Tuesday, May 2, 2023, to instruct parliamentary offices to “strengthen” relations with Taiwan’s Yuan legislature. (Peter Schneider/Keystone via AP, File)

Swiss lower house approves closer ties to Taiwan legislature

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Switzerland’s lower house of parliament has voted to tighten ties with the legislature in Taiwan, a move that could further rankle China after recent visits by Western lawmakers to the island. The … more

By JAMEY KEATEN | 5/3/23

Scientists warn of AI dangers but don't agree on solutions

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Computer scientists who helped build the foundations of today’s artificial intelligence technology are warning of its dangers, but that doesn’t mean they agree on what those dangers are or how to … more

By MATT O'BRIEN | 5/3/23

This electron microscope image provided by the National Institutes of Health shows human respiratory syncytial virus (RSV) virions, colorized blue, and anti-RSV F protein/gold antibodies, colorized yellow, shedding from the surface of human lung cells. The U.S. approved the first vaccine for RSV on Wednesday, May 3, 2023 shots to protect older adults against a respiratory virus that’s most notorious for attacking babies but endangers their grandparents, too. (National Institute of Allergy and Infectious Diseases, NIH via AP)

US approves 1st vaccine for RSV after decades of attempts

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The U.S. has approved the first vaccine for RSV, shots to protect older adults. The respiratory virus filled hospitals with wheezing babies last fall but also endangers seniors. After decades of … more

By LAURAN NEERGAARD | 5/3/23

From left, President of the Ohio Chamber of Commerce Steve Stivers, U.S. Representative Mike Carey, Google's Winton Steward, Ohio Governor Mike DeWine, Google's Mark Isakowitz and U.S. Representative Troy Balderson pose for a photo after the company announced two new data centers will be built in central Ohio on Wednesday, May 3, 2023 in Columbus. (AP Photo/Patrick Orsagos)

Google to open two more data centers in Ohio

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Google plans to build two more data centers in Ohio to help power its artificial intelligence technology and other tools. Google already has one data center up and running near Columbus. Company and … more

5/3/23

FILE - MasterCard CEO Ajay Banga speaks to reporters in New York, April 6, 2011. World Bank executive directors on Wednesday confirmed former Mastercard CEO Ajay Banga to lead the organization for a five-year term which starts next month. (AP Photo/Seth Wenig, File)

Ex-Mastercard CEO Ajay Banga confirmed as World Bank leader

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Former Mastercard CEO Ajay Banga, an Indian army officer’s son with decades of corporate experience, has been confirmed to lead the World Bank for a five-year term that starts next month. The … more

By FATIMA HUSSEIN | 5/3/23

FILE - Tucker Carlson, host of "Tucker Carlson Tonight," poses for photos in a Fox News Channel studio on March 2, 2017, in New York. A racist text message from Tucker Carlson is what helped drive the commentator's ouster from Fox News, The New York Times reports. The Times says that in a text uncovered as part of a recent defamation lawsuit, the former Fox host lamented how supporters of former President Donald Trump ganged up to beat a protester. “It's not how white men fight,” Carlson wrote. (AP Photo/Richard Drew, File)

Report: Racist text helped spur Fox to oust Tucker Carlson

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A published report says a racist text message from Tucker Carlson helped drive the commentator's ouster from Fox News' The New York Times says that in a text uncovered as part of a recent defamation … more

5/3/23