National Business - The Morning Sun

FILE - President Joe Biden speaks at the White House Conservation in Action Summit at the Department of the Interior, March 21, 2023, in Washington. Approval of Biden has dipped slightly since a month ago, nearing the lowest point of his presidency as his administration tries to project a sense of stability while confronting a pair of bank failures and inflation that remains stubbornly high. That’s according to a new poll by The Associated Press-NORC Center for Public Affairs Research, which shows there have been modest fluctuations in support for Biden over the past several months. (AP Photo/Evan Vucci, File)

Biden approval dips near lowest point: AP-NORC poll

Exclusive subscriber content

Approval of President Joe Biden has dipped slightly since a month ago to 38%. That's nearly the lowest point of his presidency, and comes as his administration tries to project a sense of stability … more

By JOSH BOAK and EMILY SWANSON | 3/23/23

TikTok CEO faces off with Congress over security fears

Exclusive subscriber content

The CEO of TikTok will make a high-profile appearance Thursday before a U.S. Congressional committee to make the case for why the hugely popular video-sharing app shouldn’t be banned. Shou Zi … more

By KELVIN CHAN and HALELUYA HADERO | 3/23/23

Fans outside the Old Trafford stadium in Manchester ahead the English Premier League soccer match between Manchester United and Southampton, England, Sunday, March 12, 2023. (AP Photo/Jon Super)

Manchester United sale: Deadline extended for 2nd bids

Exclusive subscriber content

Bidders trying to buy Manchester United have been given more time to submit second offers for the iconic soccer team. The deadline for the latest round of bids had been set for 9 p.m. Wednesday but … more

By JAMES ROBSON | 3/22/23

Members of different labor unions join Starbucks unionized employees for a labor protest outside Starbucks Corporate Headquarters, Wednesday, March 22, 2023, in Seattle. Starbucks workers and labor activists rallied outside the company’s Seattle headquarters Wednesday to protest what they describe as union-busting efforts by executives. (Ken Lambert/The Seattle Times via AP)

Starbucks workers protest before annual shareholder meeting

Exclusive subscriber content

Starbucks workers and their supporters rallied outside the company’s Seattle headquarters Wednesday to protest what they describe as union-busting efforts by executives. Organizers said employees … more

3/22/23

FILE - Actress Lindsay Lohan appears at the Christian Siriano Fall/Winter 2023 fashion show in New York, Feb. 9, 2023. The Securities and Exchange Commission said Wednesday, March 22, that Lohan, rapper Akon and several other celebrities have agreed to pay tens of thousands of dollars to settle claims that they promoted crypto investments to their millions of social media followers without disclosing they were being paid to do so. (Photo by Charles Sykes/Invision/AP, File)

Lindsay Lohan, other celebs settle with SEC over crypto case

Exclusive subscriber content

Actress Lindsay Lohan, rapper Akon and several other celebrities have agreed to pay tens of thousands of dollars to settle claims they promoted crypto investments to their millions of social media … more

By ALEX VEIGA | 3/22/23

FILE - Phillip Washington, the nominee to become administrator of the Federal Aviation Administration, testifies before the Senate Commerce, Science and Transportation Committee at the Capitol in Washington, March 1, 2023. A vote on President Joe Biden's choice to run the Federal Aviation Administration, Denver International Airport CEO Washington, was delayed indefinitely Wednesday, March 22, in the face of an opposition blitz by Republicans, who say the nominee lacks enough experience in aviation to lead the agency, which is under pressure to stem a surge is dangerous close calls between planes. (AP Photo/J. Scott Applewhite, File)

Vote on Biden's pick to run FAA delayed amid GOP opposition

Exclusive subscriber content

The fate of President Joe Biden's pick to run the Federal Aviation Administration is in doubt. On Wednesday, a Senate committee indefinitely postponed a vote on the nomination of Denver airport CEO … more

By DAVID KOENIG and MARY CLARE JALONICK | 3/22/23

Norfolk Southern CEO Alan Shaw, second from right, testifies before a Senate Commerce, Science, and Transportation Committee hearing on improving rail safety in response to the East Palestine, Ohio train derailment, on Capitol Hill in Washington, Wednesday, March 22, 2023. (AP Photo/Manuel Balce Ceneta)

Bipartisan support emerges for Senate railroad safety bill

Exclusive subscriber content

A bipartisan consensus that Congress should act to toughen regulations on railroads is emerging in the U.S. Senate. The Senate Commerce Committee is examining a fiery hazardous train derailment last … more

By STEPHEN R. GROVES | 3/22/23

FILE - Dennysse Vadell sits between her daughters Veronica, right, and Cristina, Feb. 15, 2019, in Katy, Texas, while holding a digital photo of father and husband Tomeu Vandell, who was jailed in Venezuela at the time. Vadell, one of the six oil executives with Texas-based Citgo who was held for nearly five years in Venezuela before being released in 2022, sued his company Tuesday, March 21, 2023, for $100 million, alleging it abandoned him and his family as he wasted away in horrific prison conditions for a crime he did not commit. (AP Photo/John L Mone, File)

Oil exec held for 5 years in Venezuela sues Citgo for $100M

Exclusive subscriber content

One of the six oil executives with a Texas-based company who was imprisoned five years in Venezuela is suing his company for $100 million. The lawsuit alleges his company abandoned him and his family … more

By JUAN A. LOZANO | 3/22/23

FILE - Attorney Terry Clayton, center, speaks during a hearing in Davidson County Chancery Court on April 6, 2022, in Nashville, Tenn. Clayton is representing town leaders of Mason, Tenn., a small town facing a takeover of its finances by the state comptroller. Two employees of the rural Tennessee town that resisted the takeover after Ford Motor Co. announced plans to build an electric truck plant nearby have been charged with the theft of town funds and official misconduct, officials said Wednesday, March 22, 2023. (AP Photo/Mark Humphrey, File)

2 employees of town near planned Ford truck plant indicted

Exclusive subscriber content

Officials say two employees of a rural west Tennessee town that resisted a takeover attempt by the state after Ford Motor Co. announced plans to build a truck plant nearby have been charged with the … more

By ADRIAN SAINZ | 3/22/23

Moderna CEO and Director Stephane Bancel testifies during the Senate HELP Committee on the price of the COVID-19 vaccine, Wednesday, March 22, 2023, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)

Senators press Moderna CEO on COVID-19 vaccine price hike

Exclusive subscriber content

Moderna’s CEO is defending a plan to more than quadruple the company’s COVID-19 vaccine price. But he also says the drugmaker will work to ensure patients continue paying nothing at drugstores or … more

By TOM MURPHY | 3/22/23

FILE - A headline about President Donald Trump is displayed outside Fox News studios in New York on Nov. 28, 2018. Lawyers for Fox News and a voting machine company on Wednesday, March 22, 2023, tangled over the high bar to prove defamation in a $1.6 billion lawsuit that has embarrassed the conservative network over its airing of false claims related to the 2020 presidential election. (AP Photo/Mark Lennihan, File)

Fox, Dominion argue over legal standards to prove defamation

Exclusive subscriber content

Lawyers for Fox News and a voting machine company are tangling over the high bar to prove defamation in a $1.6 billion lawsuit that has embarrassed the conservative network over its airing of false … more

By RANDALL CHASE | 3/22/23

A residential multi-story building is seen damaged after a Russian missile hit it in southeastern city of Zaporizhzhia, Ukraine, Wednesday, March 22, 2023. (AP Photo/Kateryna Klochko)

World Bank puts cost of rebuilding Ukraine at $411 billion

Exclusive subscriber content

A new World Bank report puts the cost of Ukraine’s recovery and rebuilding from Russia’s invasion at $411 billion over the next decade. That includes $5 billion simply to clean up all the war … more

By ELLEN KNICKMEYER | 3/22/23

File - Credit cards as seen July 1, 2021, in Orlando, Fla. A low credit score can hurt your ability to take out a loan, secure a good interest rate, or increase a credit card spending limit. (AP Photo/John Raoux, File)

What the Fed rate increase means for your credit card bill

Exclusive subscriber content

The Federal Reserve has raised its key rate by another quarter point, bringing it to the highest level in 15 years. It's part of an ongoing effort to ease inflation by making borrowing more … more

By ADRIANA MORGA and CORA LEWIS | 3/22/23

FILE - DirecTV logos are seen on flyers in North Andover, Mass., Aug. 6, 2009. Newsmax is returning to DirecTV after a dispute between the parties saw the conservative network removed from the satellite carrier. The companies said Wednesday, March 22, 2023, that they have now reached a multi-year distribution deal that will see the Newsmax channel return to DirecTV, DirecTV Stream and U-verse starting Thursday, March 23. (AP Photo/Elise Amendola, File)

Newsmax returns to DirecTV, inks multiyear distribution deal

Exclusive subscriber content

Newsmax is returning to DirecTV after a dispute between the parties saw the conservative network removed from the satellite carrier. The duo were initially unable to agree to financial terms on an … more

By The Associated Press | 3/22/23

FILE - A law enforcement official, behind, stands in an entryway to a Silicon Valley Bank branch location, March 13, 2023, as customers and bystanders line up outside the bank, in Wellesley, Mass. A new poll finds that only 10% of U.S. adults say they have high confidence in the nation’s banks and other financial institutions. That's down from the 22% who said they had high confidence in banks in 2020. Following the collapse of Silicon Valley Bank this month, the poll from The Associated Press-NORC Center for Public Affairs Research also finds that a majority say the government is not doing enough to regulate the industry. (AP Photo/Steven Senne, File)

Americans' faith in banks low after failures: AP-NORC poll

Exclusive subscriber content

Only 10% of U.S. adults say they have significant confidence in the nation’s banks and financial institutions, a new poll finds. That is down from the 22% who said they had high confidence in banks … more

By PAUL WISEMAN and HANNAH FINGERHUT | 3/22/23

FILE - Justin Allgaier takes his Camaro through its paces as he drives in the NASCAR Xfinity Series auto race at Pocono Raceway, July 23, 2022, in Long Pond, Pa. The Chevrolet Camaro, for years the dream car of many teenage American males, is going out of production. General Motors, which sells the brawny muscle car, said Wednesday, March 22, 2023, that it will stop making the current generation early next year. (AP Photo/Matt Slocum)

GM to stop making the Camaro but a successor may be in works

Exclusive subscriber content

The Chevrolet Camaro has for decades been the dream car of many teenage American males. Now it is going out of production. General Motors is the maker of the brawny muscle car and it says it will … more

3/22/23

Credit card debt is at record high as Fed weighs rate hike

Exclusive subscriber content

As the Federal Reserve considers whether to raise interest rates again, credit card debt is already at a record high, and more people are carrying debt month to month. The Fed’s interest rate … more

By CORA LEWIS | 3/22/23

FILE - This scanning electron microscope image made available by the Centers for Disease Control and Prevention shows rod-shaped Pseudomonas aeruginosa bacteria. U.S. officials are reporting two more deaths and additional cases of vision loss linked to eyedrops tainted with the drug-resistant bacteria. The eyedrops from EzriCare and Delsam Phama were recalled in February 2023 and health authorities are continuing to track infections as they investigate the outbreak. (Janice Haney Carr/Centers for Disease Control and Prevention via AP, File)

More deaths, injuries linked to recalled eyedrops

Exclusive subscriber content

U.S. officials are reporting two more deaths and additional cases of blindness linked to eyedrops tainted with a drug-resistant bacteria. The eyedrops from were recalled in February and health … more

3/22/23

Supporters of pro-Kurdish Peoples' Democratic Party, or HDP, listen to party co-leader Pervin Buldan's speech during the Newroz celebrations marking the start of spring in Istanbul, Turkey, Sunday, March 19, 2023. Turkey's pro-Kurdish party and its allies announced on Wednesday that they won't field a candidate to run in presidential elections on May 14, in a move that could boost an opposition bloc's chances of unseating President Recep Tayyip Erdogan in the vote. (AP Photo/Francisco Seco)

In boost to opposition, Kurdish party won't field candidate

Exclusive subscriber content

Turkey’s pro-Kurdish political party and its allies say they won’t field a candidate to run in the country’s May 14 presidential election. The move could boost an opposition bloc’s chances of … more

By SUZAN FRASER | 3/22/23

Logos of the Swiss banks Credit Suisse and UBS are seen on two buildings in Zurich, Switzerland, Saturday, March 18, 2023. (Michael Buholzer/Keystone via AP)

Credit Suisse customers feel mix of anger, relief after sale

Exclusive subscriber content

Credit Suisse's customers are feeling a range of emotions after the government orchestrated a takeover of the country’s second-largest bank by rival UBS. Some are angry at top Credit Suisse … more

By JAMEY KEATEN and COURTNEY BONNELL | 3/22/23