National Business - The Morning Sun

Indiana Fever guard Destanni Henderson (33) leads the fast break against the Connecticut Sun during a WNBA basketball game Friday, May 20, 2022, in Uncasville, Conn. (Sean D. Elliot/The Day via AP)

Fever's new coach Carlos Knox gets first win after promotion

The Indiana Fever were able to end a five-game losing streak in their first game under new coach Carlos Knox. Indiana fired Marianne Stanley and promoted Knox, who was her assistant. The Fever made … more

By DOUG FEINBERG | 5/31/22

A customer pumps gas at this Madison, Miss., Sam's Club, after filling up a gasoline container, Tuesday, May 24, 2022. Wholesale retail chains stores like Costco and Sam's Club tend to price their gas and diesel competitively against one another while major gas chain prices are usually higher. (AP Photo/Rogelio V. Solis)

US consumer confidence slips in May amid stubborn inflation

U.S. consumer confidence edged down in May as Americans’ view of their present and future prospects dimmed in the midst of persistent inflation. The Conference Board said Tuesday that its consumer … more

By MATT OTT | 5/31/22

FILE - A customer pays for vegetables at the Maravillas market in Madrid, Thursday, May 12, 2022. Inflation hit a new record of 8.1% for the 19 countries that use the euro powered by surging energy costs boosted by the Russia-Ukraine war. The latest data Tuesday, May 31, 2022 from the European Union's statistics agency Eurostat showed that annual inflation in May surpassed the previous record of 7.4% reached in the previous two months. (AP Photo/Manu Fernandez, File)

Eurozone inflation hits record 8.1% amid rising energy costs

Inflation in the 19 countries that use the euro currency hit a record 8.1% amid surging energy costs prompted in part by Russia’s war in Ukraine. The latest data from European Union statistics … more

5/31/22

A group of plaintiffs and their supporters celebrate a court decision outside the Sapporo district court Tuesday, May 31, 2022 in Sapporo, Hokkaido prefecture, Japan. The court Tuesday ordered that Hokkaido Electric Power Co. not restart a nuclear power plant because it lacks adequate tsunami safeguards, backing residents’ safety concerns at a time the government is pushing shutdown reactors to resume power generation after pledging to ban imports of Russian fossil fuels. (Yohei Fukai/Kyodo News via AP)

Japan court: Nuclear plant's tsunami safeguards inadequate

A Japanese court has ordered a utility not to restart a nuclear power plant because of inadequate tsunami safeguards, backing the safety concerns of residents. The government has been pushing for … more

By MARI YAMAGUCHI | 5/31/22

In this photo provided by the New York Stock Exchange, specialist John McNierney works at his post on the floor, Friday, May 27, 2022, in New York. Stocks rose in morning trading on Wall Street Friday, keeping the market on track for its first weekly gain after seven weeks of losses. (Courtney Crow/New York Stock Exchange via AP)

Asian stocks mixed, oil prices shoot past $115

Asian shares are mixed after reports showed China's manufacturing slowdown is moderating. U.S. futures were higher after markets were closed in New York on Monday for Memorial Day. European shares … more

By ELAINE KURTENBACH | 5/31/22

FILE — File Photo shows the moon shining next to the headquarters of the Deutsche Bank in Frankfurt, Germany, Oct.4, 2020. (AP Photo/Michael Probst, File)

Deutsche Bank, subsidiary raided over 'greenwashing' claims

Authorities in Germany raided the offices of Deutsche Bank and its subsidiary DWS on Tuesday following claims that it was exaggerating the sustainable credentials of some of the products it sold. … more

5/31/22

President Joe Biden participates in a magnolia tree planting ceremony on the South Lawn of the White House in Washington, Monday, May 30, 2022. (AP Photo/Andrew Harnik)

Biden to meet Fed chair as inflation bites pocketbooks

President Joe Biden is set to meet with Federal Reserve Chairman Jerome Powell as soaring inflation takes a bite out of Americans’ pocketbooks. Tuesday's meeting will be the first since Biden … more

5/31/22

Thirteen independent candidates drawn from the 2019 protest movement walk toward parliament building from Beirut’s port the scene of a massive explosion in August 2020, Tuesday, May 31, 2022. Lebanon's new parliament is holding its first meeting during which longtime speaker Nabih Berri is expected to be elected for a seventh four-year term, despite more than a dozen new lawmakers who won seats running on a reform platform. (AP Photo/Bilal Hussein)

Lebanon's new parliament narrowly elects longtime speaker

Lebanon’s longtime parliament speaker who has held the post for 30 years has been reelected for a seventh four-year term with a slim majority. Nabih Berri's reelection on Tuesday was practically … more

By BASSEM MROUE | 5/31/22

FILE - Turkey's President Recep Tayyip Erdogan speaks during a news conference, in Ankara, Turkey on May 14, 2022. Within a two-week span, Turkey's president has caused a stir by throwing a wrench in Sweden and Finland's historic bid to join the NATO alliance, lashed out at NATO-ally Greece and announced plans for a new incursion into Syria. The Turkish leader appears to be using Turkey's power to veto NATO's expansion as an opportunity to air a variety of grievances against the Western nations and to force them to take action against Kurdish militants and other groups that Turkey views as terrorists.( AP Photo/Burhan Ozbilici, File)

Turkish leader writes on 'risks' of Sweden, Finland in NATO

Turkey’s president has highlighted the activities of the Kurdistan Workers’ Party as part of his country’s objections to Sweden and Finland joining NATO. The insurgent group known as the PKK is … more

By ANDREW WILKS | 5/31/22

FILE - Denmark's Prime Minister Mette Frederiksen, centre, speaks to people while on an election campaign, in Holbaek, Denmark, Saturday, May 28, 2022. Voters on Wednesday will decide whether to abandon their country's 30-year-old opt-out from the bloc's common defense policy. (Claus Bech/ Ritzau Scanpix via AP, File)

Denmark holds referendum on EU defense amid Ukraine war

Danish citizens are voting in a referendum that will decide whether their country will abandon its 30-year-old opt-out from the European Union's common defense policy. The Danish referendum comes as … more

By JAN M. OLSEN | 5/31/22

An elderly resident waits outside a bank as bank workers receive food supplies as banking services reopen after pandemic measure lockdown are lifted, Tuesday, May 31, 2022, in Beijing. (AP Photo/Ng Han Guan)

Shanghai moves toward ending 2-month COVID-19 lockdown

Shanghai authorities say they will take some major steps Wednesday toward reopening China’s largest city after a two-month COVID-19 lockdown that has throttled the national economy and largely … more

5/31/22

**HOLD FOR STORY BY CLAUDIA LAUER** The Philadelphia skyline, top, is seen at a distance as vehicular traffic flows along Roosevelt Boulevard at the intersection with Whitaker Avenue, Thursday, May 12, 2022, in Philadelphia. Roosevelt Boulevard is an almost 14-mile maze of chaotic traffic patterns that passes through some of the city's most diverse neighborhoods and Census tracts with the highest poverty rates. Driving can be dangerous with cars traversing between inner and outer lanes, but biking or walking on the boulevard can be even worse with some pedestrian crossings longer than a football field and taking four light cycles to cross. (AP Photo/Julio Cortez)

Rising US traffic deaths put focus on one Philadelphia road

Black communities have been especially hard hit amid a national surge in traffic fatalities. Those sobering statistics could give new momentum to plans to redesign what is known in Philadelphia as … more

By CLAUDIA LAUER | 5/31/22

Biden to meet Fed chair as inflation bites pocketbooks

President Joe Biden will meet Tuesday with Federal Reserve chairman Jerome Powell as soaring inflation takes a bite out of Americans’ pocketbooks. The meeting will be the first since Biden … more

5/30/22

FILE - A view of the empty St. Peter's Square as Pope Francis is delivering the Angelus noon prayer from his studio, at the Vatican, Jan. 6, 2021. The Vatican’s longtime investment banker testified Monday, May 30, 2022 that he repeatedly voiced concern about a fund that was investing in a troubled London property, but said the Holy See’s secretariat of state insisted on pursuing the deal even as it lost money. (AP Photo/Andrew Medichini,, file)

Banker says he warned Vatican about London fund investor

The Vatican’s longtime investment banker has testified that he repeatedly voiced concerns about a fund that was investing in a troubled London property, but said the Holy See insisted on pursuing … more

By NICOLE WINFIELD | 5/30/22

Spain's King Felipe VI speaks with NATO Secretary General Jens Stoltenberg, centre, and Spanish Prime Minister Pedro Sánchez, right, as they attend a gala at Madrid's Royal Theater, Monday, May 30, 2022. Stoltenberg visits Madrid for Spain's celebration of its 40th year as part of the military alliance one month before the capital hosts an important NATO summit. (Alejandro Martínez/Europa Press via AP, Pool)

NATO looks to 'historic' Madrid summit, with Sweden, Finland

NATO Secretary-General Jens Stoltenberg says that next month’s summit in Madrid will be a “historic” opportunity to strengthen the alliance facing Russian aggression against Ukraine on its … more

By JOSEPH WILSON | 5/30/22

Recorded Future CEO on cybersecurity firm's journalistic aim

The cybersecurity firm Recorded Future boasts some 1,400 clients and enjoys considerable respect. But the threat-intelligence business wasn't enough for CEO Christopher Ahlberg. Two years ago, he … more

By FRANK BAJAK | 5/30/22

FILE - Russia's Finance Minister Anton Siluanov arrives for a meeting of G20 finance and health ministers at the Salone delle Fontane (Hall of Fountains) in Rome, Friday, Oct. 29, 2021. Russia says it will use an arrangement similar to that used for payments for its gas supplies to pay its dollar-denominated foreign debts. On Monday, May 30, 2022 the Vedomosti business daily quoted Finance Minister Anton Siluanov as saying that Russia will offer the holders of its Eurobond obligations to accept a payment scheme bypassing Western financial infrastructure. (AP Photo/Alessandra Tarantino, File)

Russia offers foreign debt payment system similar to gas one

Russia says it will use an arrangement similar to that used for payments for its gas supplies to pay its dollar-denominated foreign debts. The Vedomosti business daily on Monday quoted Finance … more

5/30/22

A man wearing a protective mask walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm Monday, May 30, 2022, in Tokyo. Asian stocks rose Monday after Wall Street rebounded from a seven-week string of declines and China eased anti-virus curbs on business activity in Shanghai and Beijing. (AP Photo/Eugene Hoshiko)

Asian stocks rise after Wall St breaks string of declines

Asian stocks are higher after Wall Street rebounded from a seven-week string of declines and China eased anti-virus curbs on business activity in Shanghai and Beijing. Markets in Shanghai, Tokyo, … more

By JOE McDONALD | 5/30/22

German Chancellor Olaf Scholz stands next to the flags of Germany, Portugal and Europe at the start of his opening tour of the Hannover Messe 2022 fair in Hannover, Germany, May 30, 2022. Portugal is the partner country of the fair this year. (Friso Gentsch/dpa via AP)

German parties reach deal to move ahead with defense boost

Germany’s governing coalition and the main opposition party have reached a deal to move ahead with a big increase in defense spending that Chancellor Olaf Scholz announced three months ago. Scholz … more

5/30/22

FILE - Miami punter Lou Hedley prepares to punt during the second half of an NCAA college football game against North Carolina State, Oct. 23, 2021, in Miami Gardens, Fla. Hedley is among thousands of international student athletes who can’t earn income from their name, image and likeness on U.S. soil. Some are trekking home to do it. Hedley had to fly 13,000 miles to western Australia to cash in on his name. (AP Photo/Wilfredo Lee, File)

'It's all legal': Foreign college athletes cash in at home

Miami punter Lou Hedley is among thousands of international student athletes who can’t earn income from their name, image and likeness on U.S. soil. Some are trekking home to do it. Hedley had to … more

By KEN MAGUIRE | 5/30/22