04:15 PM EDT, 09/30/2025 (MT Newswires) -- Walt Disney ( DIS ) last week sent a cease-and-desist letter to Character.AI demanding the chatbot developer stop using Disney ( DIS ) characters without authorization, Axios reported Tuesday, citing a copy of the letter. Disney ( DIS ) said its concern was not only financial but also reputational, referencing a report from...

Sept 30 (Reuters) - Spirit Airlines has negotiated funding of up to $475 million with existing bondholders to support normal business operations during its Chapter 11 restructuring, its parent company said on Tuesday. Spirit expects $200 million of the debtor-in-possession financing to be available immediately if the court approves. The next hearing is scheduled for October 10. The company has...

Sept 30 (Reuters) - Nike ( NKE ) on Tuesday reported a surprise rise in first-quarter revenue and beat expectations for quarterly profit as the sportswear giant rebuilds its presence at wholesalers and invests in fresher products to keep consumers interested. The company's first-quarter revenue rose 1% on a reported basis to $11.72 billion. Analysts had expected a fall of...

Sept 30 (Reuters) - At least five people have died following a powerful 6.9-magnitude earthquake in the Philippines, ABS-CBN, the country's largest broadcaster, reported on Wednesday, citing the police. The earthquake that struck off the coast of Cebu City late on Tuesday led to power outages and damaged buildings in the region. The U.S. Geological Survey pegged the depth of...