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US sanctions sons of Nicaragua’s leaders and officials in the country’s gold industry

MEXICO CITY (AP) - The U.S. government slapped sanctions Thursday on two sons of Nicaragua's husband-and-wife copresidents, Daniel Ortega and Rosario Murillo, as well as other officials and companies tied to the country's gold industry, saying they help prop up a repressive government. The Treasury ...
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In address on media ethics, former Washington Post editor worries about fading moral compass

NEW YORK (AP) - In a speech about the importance of ethics in the news media, veteran editor and retired Washington Post leader Marty Baron is singling out for criticism CBS News leaders, advocacy journalists and mainstream reporters who failed to aggressively cover former ...
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QVC prepares for bankruptcy protection in the era of influencers, TikTok and Temu

NEW YORK (AP) - The owner of home shopping network pioneer QVC - which for years garnered the attention of millions of TV viewers looking for a deal on baubles and housewares, is planning to file for Chapter 11 bankruptcy protection. A filing about ...
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Who should be the next James Bond? A few out-of-the-box ideas

NEW YORK (AP) - The bond, James Bond, market is heating up. For almost a year, Denis Villeneuve has been on tap to direct the next 007 installment, the first since Daniel Craig exited the role. Producers Amy Pascal and David Heyman have been ...
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With worries about WBD acquisition looming, Paramount takes the stage at CinemaCon

LAS VEGAS (AP) - Paramount Pictures is taking the stage Thursday to present its upcoming slate to movie theater owners at CinemaCon in Las Vegas amid its pending deal to acquire Warner Bros. In late February, David Ellison's Paramount Skydance reached a deal valued at ...
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PepsiCo’s sales jump after it cuts prices

PURCHASE, N.Y. (AP) - PepsiCo's decision to cut prices and some new snacks boosted demand in the first quarter. Revenue jumped 8.5% to $19.44 billion in the January-March period compared to the same period a year ago, the Purchase, New York, company said Thursday. That ...
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Stellantis, Microsoft sign five-year partnership for AI push

MILAN, April 16 (Reuters) - Stellantis and Microsoft said on Thursday they agreed to a five‑year strategic partnership to co-develop artificial intelligence (AI), cybersecurity and engineering capabilities, as the automaker races to keep pace with technology-focused rivals. Software and data-driven services have become central ...
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Circle CEO sees ‘tremendous opportunity’ for yuan-backed stablecoin

By Summer Zhen and Selena Li HONG KONG, April 16 (Reuters) - Circle Internet Group sees "tremendous opportunity" for yuan-backed stablecoin as digital money becomes increasingly integrated into global trade and finance, said the chief of the world's largest regulated stablecoin issuer. China wants ...
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Hyundai Motor’s US sales chief has left the company, Automotive News reports

SEOUL, April 16 (Reuters) - Michael Orange, the Hyundai Motor executive responsible for sales in all of the automaker's seven U.S. regions, left the company on Tuesday, Automotive News reported. The automaker was not immediately available for comment. (Reporting by Hyunjoo JinEditing by ...
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Pernod CFO says talks with Brown-Forman are “ongoing”

PARIS, April 16 (Reuters) - Pernod Ricard's talks to merge with U.S. rival Brown-Forman are continuing, Pernod Ricard's finance chief said on Thursday. Helene de Tissot told a conference call with analysts that talks are "ongoing", adding the company does not intend to communicate further. U.S. ...
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EQT restarts sale of contact lens maker Ginko in at least $1 billion deal, sources say

By Kane Wu HONG KONG, April 16 (Reuters) - Private equity firm EQT is restarting the sale process for the mainland Chinese business of contact lens maker Ginko International, targeting a valuation of at least $1 billion, three people with knowledge of the matter said. EQT ...
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S&P 500 hits record high as US-Iran ceasefire enters second week

(NEW YORK) -- The S&P 500 hit a record high on Wednesday as the ceasefire between the U.S. and Iran entered its second week, appearing to boost hopes of a resolution to the Middle East conflict.The uptick in markets came hours after President Donald ...
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