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The Spokesman-Review Newspaper
Spokane, Washington  Est. May 19, 1883

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News >  Business

‘Deadpool & Wolverine’ gives an R-rated boost to Marvel’s flagging fortunes

For years, the seemingly unstoppable Marvel Studios built a reputation for family-friendly, PG-13 superhero fare. But recently, the Walt Disney Co.-owned unit has stumbled. The hit machine isn't cranking out box-office winners as it once did, a consequence of changing viewing habits since the pandemic, a perceived drop in quality and a glut of Marvel streaming shows and movies that stretched the audience's patience. On Friday, Marvel will turn to a different crew of superheroes to reignite its brand — the R-rated, irreverent and decidedly not family-friendly duo of "Deadpool & Wolverine."
News >  National business

Ferrari narrowly dodges deepfake scam simulating deal-hungry CEO

It was mid-morning on a Tuesday this month when a Ferrari NV executive started receiving a bunch of unexpected messages, seemingly from the CEO. What happened next was one of the latest uses of deepfake tools to carry out a live phone conversation aimed at infiltrating an internationally recognized business.
News >  Business

Mortgage rates ticked upward last week

The average mortgage interest rate for a standard 30-year fixed mortgage is 6.86%, an increase of 0.03 percentage points from last week’s 6.83%, according to Bankrate.
News >  Business

Ford set for worst drop since 2020 as warranty costs hurt profit

Ford Motor Co. shares headed for their worst drop in four years after a big earnings miss that the automaker blamed on a surge in warranty repair costs for older vehicles.Recurring quality problems have driven up Ford’s warranty costs for years, but an $800 million spike in the second quarter caught investors by surprise. Chief Financial Officer John Lawler called it a “one time” jump due to quality-related issues for models built in 2021 and earlier.