Deira Trading Company

Novavax shares plunge as company says FDA put hold on two shots

A health worker prepares a dose of the Novavax vaccine as the Dutch Health Service Organization starts with the Novavax vaccination program on March 21, 2022 in The Hague, Netherlands. Patrick Van Katwijk | Getty Images Novavax on Wednesday said the Food and Drug Administration has put a hold on its application for a combination […]

Unrivaled women’s basketball league to air on TNT Sports

Napheesa Collier, #24 of the Minnesota Lynx, scores the game-winning basket during the game against the New York Liberty in Game 1 of the 2024 WNBA Finals at Barclays Center in Brooklyn, New York, on Oct. 10, 2024. Nathaniel S. Butler | National Basketball Association | Getty Images Warner Bros. Discovery is ensuring pro basketball […]

Universal’s Epic Universe theme park set to open in May 2025

Concept rendering of Universal Orlando Resort’s newest theme park: Epic Universe. NBC Universal Universal‘s Epic Universe theme park will open its gates on May 22, 2025, in Orlando, Florida. Epic Universe is the company’s fourth theme park, part of a 750 acre development, and is the largest of all its properties, with five themed worlds: […]

Commercial real estate recovery may be uneven

A commercial building available for rent in Melville, New York, April 17, 2023. Howard Schnapp | Newsday | Getty Images The tide could be turning for commercial real estate. The Federal Reserve began its interest rate cutting cycle in September, lowering the Fed funds rate for the first time since 2020 by 50 basis points, […]

Spirit AeroSystems to furlough 700 workers as Boeing strike continues

Airplane fuselages bound for Boeing’s 737 Max production facility await shipment on rail sidings at their top supplier, Spirit AeroSystems Holdings Inc., in Wichita, Kansas, on Dec. 17, 2019. Nick Oxford | Reuters Boeing supplier Spirit AeroSystems will furlough some 700 workers as a strike by machinists at the plane maker enters its sixth week, […]

Procter & Gamble (PG) Q1 2025 earnings

Procter & Gamble on Friday reported weaker-than-expected revenue as lower demand in China again weighed on its sales. The company’s organic sales in Greater China, its second-largest market, fell 15% in the fiscal first quarter. As home prices drop and jobless rates rise in the country, shoppers have pulled back their spending, hurting P&G’s sales […]

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