Deira Trading Company

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 […]

New York City office demand is finally back to normal

Demand for New York City office space has finally returned to pre-pandemic levels, driven by an influx of new workers as well as a drive by employers to see current workers return to the office. During the fourth quarter, office demand in the city jumped 25% from the year before, according to VTS, which measures […]

FAA to restrict helicopter traffic near D.C. airport after plane crash

The air traffic control at Ronald Reagan Washington National Airport is pictured, in the aftermath of the collision of American Eagle flight 5342 and a Black Hawk helicopter that crashed into the Potomac River, as seen from Virginia on Jan. 30, 2025. Evelyn Hockstein | Reuters WASHINGTON — The Federal Aviation Administration will restrict helicopter […]

Investigation looking at altitude, staffing and communication

Search and rescue teams work in the aftermath of the collision of American Eagle flight 5342 and a Black Hawk helicopter that crashed into the Potomac River, with the Capitol dome in the background, as seen from Virginia, U.S., Jan. 30, 2025.  Carlos Barria | Reuters How an Army Black Hawk helicopter collided with American […]

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