Deira Trading Company

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Stellantis idles plants in Mexico and Canada due to tariffs

The Stellantis Windsor Assembly Plant is shown on April 1, 2025 in Windsor, Canada. Bill Pugliano | Getty ImagesDETROIT — Stellantis is pausing production at two assembly plants in Canada and…
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Southwest’s bag fees and other changes could backfire, Fitch warns

A Southwest Airlines jet approaches Midway Airport on Dec. 15, 2023, in Chicago. (John J. Kim/Chicago Tribune/Tribune News Service via Getty Images)John J. Kim | Chicago Tribune | Getty ImagesSouthwest…
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Trump’s 25% auto tariffs are in effect. What investors need to know

Vehicles seen on the lot of a Ford auto dealership in Montebello, California on April 1, 2025.Frederic J. Brown | Afp | Getty ImagesDETROIT — President Donald Trump's 25% tariffs…
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United Airlines adds Thailand, Vietnam and Australia flights

A Boeing 787 Dreamliner operated by United Airlines takes off at Los Angeles International Airport (LAX) on January 9, 2013 in Los Angeles, California.David McNew | Getty ImagesUnited Airlines plans…
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UFC signs sponsorship deal with Mark Zuckerberg’s Meta

UFC CEO Dana White, left, and Meta CEO Mark Zuckerberg attend the UFC 300 event at T-Mobile Arena in Las Vegas, Nevada, April 13, 2024.Jeff Bottari | Ufc | Getty…
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Trump tariffs on Vietnam could raise prices for shoes, furniture, toys

File: workers at the Maxport factory, which makes activewear for various textile clothing brands, in Hanoi. Nhac Nguyen | Afp | Getty ImagesRetailers and brands have turned to Vietnam to manufacture…
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Trump tariffs news: Advertisers look for flexibility

Brands and advertisers are seeking flexible terms as they face uncertainty about how President Donald Trump's new tariffs will affect their businesses.The push for more lenient agreements, in which companies…
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Trump puts tariffs on canned beer imports

Aluminum cans wait to be filled with craft beer during a production run at Black Plague Brewery in Oceanside, California, U.S., March 14, 2025. Mike Blake | ReutersThe Trump administration will…
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Emma Hayes USWNT coach discusses growth of soccer

Emma Hayes is on a mission to reinvigorate women's professional soccer in the United States.Hayes was hired as head coach of the U.S. women's national team in June after a…
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Boeing CEO faces Senate hearing on plane maker’s recovery

Kelly Ortberg, CEO of Boeing, speaking on CNBC's Squawk Box on Jan. 28th, 2025.CNBCBoeing CEO Kelly Ortberg on Wednesday will outline to Congress the company's progress on improving its manufacturing…
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Eli Lilly sues Strive and Empower over compounded tirzepatide

The Eli Lilly logo is shown on one of the company's offices in San Diego, California, on Sept. 17, 2020.Mike Blake | ReutersEli Lilly is suing two pharmacies for compounding…
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GM reports robust first quarter sales as industry braces for tariffs

SUVs at a Chevrolet dealership in Oshawa, ON.Rene Johnston | Toronto Star | Getty ImagesGeneral Motors and other automakers reported notable increases in their first-quarter U.S. vehicle sales, as the…
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Newsmax stock rises after IPO

Shares of conservative cable channel Newsmax soared more than 100% in afternoon trading Tuesday, a day after the stock's dizzying debut on the New York Stock Exchange.Newsmax shares spiked more…
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Airline stocks slide more as concerns grow over consumer travel

A Delta Air Lines Boeing 767-332(ER).Joan Valls | Nurphoto | Getty ImagesAirline stocks slid further on Tuesday as Wall Street's concerns about weaker-than-expected travel demand amid looming tariffs and a…
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Federal funding cuts raise questions about university endowments

Columbia UniversityEducation Images | Getty ImagesIn early March, the Trump administration canceled $400 million in grants and contracts to Columbia University over its handling of pro-Palestinian protests last year. The…
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Newsmax stock starts trading on NYSE

Fox News and Newsmax television studios are seen in the Fiserv Forum on the day before the Republican National Convention begins, in Milwaukee, Wisconsin, July 14, 2024.Joe Raedle | Getty…
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Vaccine stocks fall after FDA’s Peter Marks resigns over RFK Jr.

Rafael Henrique | Lightrocket | Getty ImagesShares of major vaccine makers dropped on Monday after a key U.S. health official resigned in protest of Health and Human Services Secretary Robert…
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AMC bets on premium screens as Hollywood slate boasts blockbusters

People walk past an AMC theatre in Manhattan in New York City, U.S., February 25, 2025. Jeenah Moon | ReutersHollywood's blockbuster slate is heating up, and AMC Entertainment is increasing the…
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Novo Nordisk’s diabetes pill Rybelsus slashes cardiovascular risk

Novo Nordisk on Saturday said its diabetes pill Rybelsus showed cardiovascular benefits in a late-stage trial, paving the way for it to become a new treatment option for people living…
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Foley artists bring a human touch to moviemaking even with rise of AI

Foley artist Gary Hecker recreates sounds (in this case, galloping horses) on the Foley sound stage at Todd-AO Studios in Santa Monica, California, July 3, 2012.Don Kelsen | Los Angeles…
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Former Citi CEO Sandy Weill launches new cancer research hub

Former Citigroup CEO Sandy Weill announced Thursday morning a $50 million gift through the Weill Family Foundation to establish the Weill Cancer Hub East, a partnership aimed at using research…
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Disney, ABC receive FCC investigation notice

The main gate at The Walt Disney Studios in Burbank, California, on Sept. 25, 2023.Mario Anzuoni | ReutersThe Federal Communications Commission has alerted the Walt Disney Company and its ABC unit…
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Canadians pull back on U.S. trips, threatening to widen travel deficit

Canadians hold an "Elbows Up" protest against U.S. tariffs and other policies by U.S. President Donald Trump, at Nathan Phillips Square in Toronto, Ontario, Canada March 22, 2025.Carlos Osorio |…
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Founder Charlie Javice found guilty of defrauding JPMorgan Chase

Charlie Javice, who is charged with defrauding JPMorgan Chase & Co into buying her now-shuttered college financial aid startup Frank for $175 million in 2021, arrives at United States Court…
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Billionaire Jorge Pérez on the secret to passing down the family business

A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions,…
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How a D&D livestream became a media company

The cast of "Critical Role" playing Dungeons & Dragons.Critical RoleA decade ago, a group of professional voice actors gathered around a table to live-stream a game of Dungeons & Dragons.…
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Peyton Manning’s Omaha Productions sells 10% stake at $750 million valuation

Peyton Manning on Sunday, February 16, 2025.Theo Wargo | NBCUniversal | Getty ImagesPeyton Manning has a new business partner.A new platform run by Patrick Whitesell, the former executive chairman of…
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RFK Jr. plans 10,000 HHS job cuts

Robert F. Kennedy Jr., US secretary of Health and Human Services (HHS), during a cabinet meeting at the White House in Washington, DC, US, on Monday, March 24, 2025. Samuel Corum…
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GM stock is getting hit the hardest

The GM logo is seen on a water tank of the General Motors assembly plant in Ramos Arizpe, in Coahuila state, Mexico, on Feb. 11, 2021.Daniel Becerril | ReutersAs auto…
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Lululemon (LULU) earnings Q4 2024

Lululemon store in Manhattan, New York City, U.S., on July 15, 2024.Beata Zawrzel | Nurphoto | Getty ImagesLululemon beat Wall Street expectations for fiscal fourth-quarter earnings and revenue, but issued…
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Detroit automaker shares fall after Trump’s tariff announcement

The border wall is shown in a background as a semi-truck carrying Toyota trucks crosses a bridge after clearing U.S. Customs while entering the United States from Mexico along the…
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Ferrari to raise prices by 10% on some models to offset auto tariffs

Ferrari logo is seen outside the Ferrari headquarters in Maranello during Lewis Hamilton's first official days as a Scuderia Ferrari F1 driver at Fiorano Circuit on January 21, 2025 in…
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KB Home unveils its first ‘fire-resilient’ community in California

KB Home's new wildfire-resilient neighborhood in Escondido, California.CNBCJust months after raging wildfires destroyed thousands of homes in the Los Angeles area, California-based KB Home is unveiling what it calls its…
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Dollar Tree discusses Family Dollar sale, earnings and tariffs

Dollar Tree said Wednesday that it's gaining market share with higher-income consumers and could raise prices on some products to offset President Donald Trump's tariffs.The discount retailer's CEO, Michael Creedon,…
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Stephen Curry teams up with Michelle Obama to launch sports drink

Plezi Nutrition, the public benefit company co-founded by Michelle Obama, has created a new sports drink with Stephen Curry.Four-time NBA champion Stephen Curry is teaming up with former first lady…
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The rich use insurance to invest in private credit without steep taxes

A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions,…
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FHFA will not cut Fannie Mae and Freddie Mac loan limits

A sign for Freddie Mac is seen at their corporate headquarters campus on Oct. 9, 2024 in Tysons Corner, Virginia. Kevin Dietsch | Getty ImagesThe newly confirmed director of the Federal…
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Chinese tea chain Chagee files for U.S. IPO

Pedestrians walk past a CHAGEE store in Shanghai, China on March 14, 2025. CFOTO | Future Publishing | Getty ImagesChinese bubble tea chain Chagee filed for a U.S. initial public offering…
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Affirm says JPMorgan Chase merchants can soon offer installment loans

Max Levchin, co-founder of PayPal and AffirmDavid Paul Morris | Bloomberg | Getty ImagesFintech lender Affirm said Tuesday that it's reached an agreement with JPMorgan Chase to offer its buy…
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United Airlines raises annual fees for lounges, rewards credit cards

A row of United Airlines passenger planes parked at gates at Denver International Airport in Denver, Colorado.Robert Alexander | Getty ImagesUnited Airlines is raising fees for annual airport lounge membership…
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Eli Lilly to release weight loss pill orforglipron trial data

A sign with the company logo sits outside of the headquarters of Eli Lilly in Indianapolis, Indiana, on March 17, 2024.Scott Olson | Getty ImagesPatients, doctors and investors will soon learn…
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South Korea’s Hyundai to announce $20 billion U.S. investment

South Korean conglomerate Hyundai will announce a $20 billion investment in U.S. onshoring that includes a $5 billion steel plant in Louisiana, according to people familiar with the plans.The plant…
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More fast-food chains adopt fun, flavored drinks

Chick-fil-A pineapple dragonfruit beverages.Courtesy: Chick-fil-AFast-food chains are going all in on fun beverages to attract younger consumers.Chick-fil-A, known for its straightforward menu of fried chicken and waffle fries, is selling…
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Take a look inside French luxury retailer Printemps’ first U.S. store

A piece of Paris has landed in New York City.French luxury retailer Printemps officially opened its first U.S. store this week in the city's Financial District. The retailer celebrated its…
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Related Group CEO Pérez says tariff fears raising construction costs

Related Group CEO Jon Paul Pérez.Courtesy of Future Proof and Triangle BLVDBuilding contractors are already hiking prices as much as 20% to offset potential tariffs, a move that could also…
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Heathrow Airport closes Friday after fire causes power outage

London's Heathrow Airport closed Friday after a fire at a nearby electrical substation caused a power outage, disrupting travel for tens of thousands of passengers planning to fly in or…
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Zepbound copycats remain online despite FDA ban

This week was supposed to mark the end of compounding pharmacies making copycat versions of Eli Lilly's weight-loss drug Zepbound and its diabetes drug Mounjaro. Online, it doesn't look like…
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More women are leading investments for the ultra-wealthy

A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive…
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Darden Restaurants (DRI) Q3 2025 earnings

Darden Restaurants on Thursday reported weaker-than-expected sales as Olive Garden and LongHorn Steakhouse underperformed analysts' projections.The restaurant company blamed weather for the sales slowdown and maintained its full-year forecast, lifting…
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Nike (NKE) Q3 2025 earnings

Nike on Thursday warned that sales will drop by a double digit percentage in its current quarter, as the sneaker giant's turnaround plan takes longer than expected while it contends…
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Ether Options Market Shows Bias for Price Weakness Over Next 6 Months

Ether's price appears overvalued compared to Ethereum's dwindling revenues, one analyst said.   Ethereum's native token Ether (ETH) fell to a six-week low on Tuesday, with traders in the options…
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MakerDAO’s MKR, Ripple’s XRP and Stellar’s XLM Led Crypto Gainers in July

Cryptocurrency giants bitcoin and ether, meanwhile, lost ground during the month. MakerDAO’s MKR was the leading gainer among the constituents of the Coindesk Market Index (CMI) in July, advancing 47%. The native…
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ApeMax and Dogecoin: Battle of the Meme Coins

  In the volatile world of cryptocurrency, meme coins have carved out their own niche. These internet-inspired coins, often humorously named and themed, have a unique appeal to a wide…
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Ripple (XRP) Price Prediction: Is It Time To Invest in XRP?

Recently, a judge in the United States made a ruling in favour of Ripple (XRP) and this news sent a ripple effect to the entire crypto market with XRP price…
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Bitcoin Plunged 11% in Worst Week Since FTX’s Collapse. What’s Next for BTC’s Price?

BTC slipped below $26,000 amid the crypto market mayhem. BTC’s fall below $26,000 is poised to be the worst weekly decline since the collapse of FTX. Absence of a decision…
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FTX Crypto Bankruptcy Filing Shows $8.6 Billion Shortfall

If FTX was founder Sam Bankman-Fried’s alleged personal piggy bank, it wasn’t refilled. Newly filed court documents introduced last week (March 2) reveal what John J. Ray III, FTX’s current CEO, has called…
Source: CurrencyRate