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Ten years later, the cult of ‘The Nice Guys’ keeps growing

NEW YORK (AP) - When "The Nice Guys" debuted 10 years ago, the writing was on the wall for the big-screen comedy. It came out sandwiched between "Captain America: Civil War" and "X-Men: Apocalypse." It opened against "Angry Birds." The cartoon birds, Ryan Gosling ...
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EU auditors sound alarm over billions in COVID recovery funds that can’t be clearly traced

BRUSSELS (AP) - European auditors said Wednesday that they're unable to clearly trace the way that billions of euros are being spent out of a massive fund helping European Union countries rebuild their economies from damage caused by the COVID-19 pandemic. The Recovery and Resilience ...
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Some iPhone owners could get up to $95 payment after Apple agrees to settle case for $250 million

LONDON (AP) - Owners of some iPhones are in line to get cash payments of up to $95 from Apple after the company on Tuesday reached a $250 million settlement in a class-action lawsuit for false advertising of its artificial intelligence capabilities. Apple trumpeted ...
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These are Edmunds’ top used SUVs under $20,000 for teen drivers

Teen drivers are inexperienced, take risks, and are easily distracted when they're behind the wheel. Those factors are among the findings that contribute to what the Centers for Disease Control and Prevention says is the leading cause of death and injury in teens age ...
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Disney offsets fewer overseas visitors with streaming and stronger spending at parks

Disney exceeded most expectations for the second quarter, driven by strength in streaming and its U.S. theme parks that offset fewer visits by international travelers. The Walt Disney Co. had cautioned in February that in the second quarter its Experiences division, which includes its theme ...
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Jewellery brand Pandora reports stronger start to year despite US sales decline

LONDON, May 6 (Reuters) - Jewellery brand Pandora beat first-quarter revenue expectations on Wednesday despite comparable sales in North America falling 2%, as new CEO Berta de Pablos-Barbier faces a struggle to reignite growth, with the Iran war denting consumer confidence in the U.S. ...
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Novo Nordisk slightly raises outlook as first-quarter profit beats forecast

COPENHAGEN, May 6 (Reuters) - Novo Nordisk, the maker of weight-loss drug Wegovy, on Wednesday reported first-quarter revenue and adjusted operating profit above expectations and said its outlook for the year was slightly improved. The Danish drugmaker is banking on demand for its new weight-loss ...
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BMW earnings slide in Q1 amid tariff pressures and challenges in China

BERLIN, May 6 (Reuters) - BMW's pre-tax earnings slumped by 25% in the first quarter of the year and its core operating margin narrowed, but the German premium carmaker still beat estimates amid tariff pressures and a difficult market in China. The company said on ...
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Watchdog flags risks in banks’ growing private credit ties

By Phoebe Seers LONDON, May 6 (Reuters) - The fast-growing private credit industry's deepening links with traditional banks and asset managers create risks to the global financial system, the global Financial Stability Board watchdog said on Wednesday, warning some broader measures showed upwards trends ...
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Trading Day: Rarified AIr

By Jamie McGeever ORLANDO, Florida, May 5 (Reuters) - The S&P 500 and Nasdaq sailed to new highs on Tuesday, riding the crest of yet another wave of optimism around the artificial intelligence boom. Strong earnings, lower oil prices, and relief that the U.S.-Iran ceasefire ...
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Saylor’s Strategy posts wider quarterly loss on bitcoin slump

May 5 (Reuters) - Michael Saylor's Strategy reported a wider first-quarter loss on Tuesday, hammered by a slump in bitcoin prices that weighed on the value of its sizeable crypto holdings amid heightened market volatility. A sharp downturn in bitcoin prices since October, later exacerbated ...
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Spirit Airlines has stopped flying. Here’s what happens next

Lawyers for Spirit Airlines returned to a U.S. bankruptcy court in New York on Tuesday to seek approval for dismantling the once-busy budget carrier and turning its parts into cash for creditors. The liquidation marks a dramatic turn for Spirit, which filed for bankruptcy protection ...
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