Deira Trading Company

Tapestry (TPR) Q4 2025 earnings

People walk past a Coach store on Madison Avenue in New York. Carlo Allegri | Reuters Shares of Coach and Kate Spade parent Tapestry plunged Thursday after the company said tariffs will bite into its profits even as sales grow. The handbag, shoe and accessory maker said costs from higher duties will total $160 million […]

Cadillac unveils ‘Elevated Velocity’ electric crossover concept car

The Cadillac Elevated Velocity concept car. Courtesy: Cadillac General Motors on Thursday unveiled the Cadillac Elevated Velocity, a new concept car aimed at building up the brand’s all-electric luxury crossover segment. The electric concept car has a “lifted yet elegant design,” according to Cadillac, riding on 24-inch wheels. It includes multiple driving modes to enhance […]

New York AG James sues Zelle parent company, alleging it enabled fraud

New York Attorney General Letitia James speaks outside New York Supreme Court in New York City ahead of former President Donald Trump’s civil business fraud trial on October 2, 2023. John Lamparski | AFP | Getty Images New York Attorney General Letitia James sued the operator of the Zelle payments network on Wednesday, alleging it […]

Walmart expands employee discount on groceries

Groceries are seen at a Walmart supermarket in Houston, Texas, on May 15, 2025. Ronaldo Schemidt | AFP | Getty Images As tariffs spark worries of higher prices, Walmart is dangling more discounts for its own employees. The largest private U.S. employer said Wednesday that it will offer a 10% employee discount on nearly all […]

Cava, Chipotle, Sweetgreen report slower sales

Cava stock tumbled 16% in afternoon trading on Wednesday, making it the latest fast-casual chain to feel Wall Street’s wrath after reporting disappointing quarterly sales. A year ago, eateries like Chipotle Mexican Grill and Cava were reporting double-digit same-store sales growth, even as the broader restaurant industry posted falling traffic and slumping sales. But times […]

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