Deira Trading Company

Morgan Stanley CEO Ted Pick says will work with regulators

Morgan Stanley CEO Ted Pick said Thursday that his bank will be working with U.S. regulators to examine whether it can deepen its involvement in cryptocurrency markets. Pick was asked about his views on digital currencies under the pro-crypto Trump administration. On Tuesday, the acting head of the Securities and Exchange Commission launched an effort […]

Aerial firefighting companies now have to keep up with demand

As out-of-control wildfires threatened thousands of Los Angeles residents earlier this month, the companies that fight infernos from the air raced to send their air tankers and water bombers to the area. It was supposed to be the off-season. The California Department of Forestry and Fire Protection, or Cal Fire, has more than 60 fixed-wing […]

China-made BYD Shark pickup is a predator circling global truck market

BYD Shark plug-in hybrid electric pickup truck Michael Wayland / CNBC DETROIT — There’s a Shark circling one of the greatest profit pools for American automakers globally, as Chinese automaker BYD Auto expands its reach and product portfolio with a pickup truck. Without the vehicle’s branding badge, the BYD Shark could pass as an American-made […]

Norovirus vaccine from Moderna could have Phase 3 results this year

A researcher works in the lab at the Moderna Inc. headquarters in Cambridge, Massachusetts, US, on Tuesday, March 26, 2024. Adam Glanzman | Bloomberg | Getty Images Norovirus is raging across the U.S. this winter. Moderna might soon have a vaccine for it.  A large phase three trial of the shot is underway, with results […]

Store closures rise, led by Party City, Big Lots, Walgreens

Shoppers seek closeout sale discounts at Party City in Stamford, Conn. July 3, 2023.  Tyler Sizemore | Albany Times Union | Hearst Newspapers | Getty Images Store closures in the U.S. last year hit the highest level since the pandemic — and even more locations are expected to shutter this year, as shoppers’ dollars increasingly […]

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