Deira Trading Company

CEO says it’s not clear why helicopter came into flight path

CEO of American Airlines Robert Isom addresses the media, after American Eagle flight 5342 collided with a Black Hawk helicopter while approaching Ronald Reagan Washington National Airport and crashed into Potomac River, in Washington on Jan. 30, 2025. Kevin Lamarque | Reuters American Airlines CEO Robert Isom said Thursday morning that the regional jet that […]

LVMH watches, jewelry CEOs see luxury sales picking up

After a year of declines, sales of watches and jewelry at luxury giant LVMH rebounded in the latest quarter and continued to shine into January, according to several of the company’s brand CEOs. In its earnings call this week, LVMH reported that sales for its watches and jewelry group increased 3%, after falling in the […]

Billionaires bet on AI to security guards

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, straight to your inbox. Europe’s richest person, Bernard Arnault, built his fortune on designer handbags and Champagne. His latest bet: security guards. Last week, Arnault’s […]

WNBA files for ‘Detroit Shock’ trademark as city bids for team

The Renaissance Center (complex of skyscrapers with the Chrevrolet sign) by the Detroit River. Roberto Machado Noa | Lightrocket | Getty Images As cities across the country vie for the next Women’s National Basketball Association team, the league quietly filed a trademark application this week for the name “Detroit Shock.” The filing, dated Thursday, notes […]

Manufacturers prepare for higher costs

As President Donald Trump threatens to impose his first tranche of tariffs on the world Saturday, Chinese manufacturers are bracing for impact. Though Trump is proposing his biggest initial swing at Canada and Mexico with a proposed 25% tariff, the U.S. president still has China on his radar. After a report that the administration could […]

Source: CurrencyRate