Deira Trading Company

Fathom, joint venture of AMC, Regal, Cinemark, makes major gains

At a time when the box office is starved for content and audiences seem pickier than ever, Fathom Events is posting record revenue gains. For 20 years, the joint venture between AMC, Regal and Cinemark has been best known for bringing alternative content to the big screen in the form of classic Hollywood titles, live […]

SpaceX wins NASA contract for ISS reentry destruction

A satellite image shows an overview of the International Space Station with the Boeing Starliner spacecraft, June 7, 2024. Maxar Technologies | Via Reuters NASA will have a spacecraft from Elon Musk’s SpaceX guide the International Space Station’s destruction later this decade, the agency announced Wednesday. The National Aeronautics and Space Administration awarded an $843 […]

How Walmart’s Sam’s Club is trying to take on Costco’s Kirkland

Stuck at home during the Covid pandemic, Megan Crozier needed a way to keep her two young children entertained. She bought an inflatable pool from Sam’s Club. The pool began leaking air after just a few uses. For Crozier, chief merchant of the Walmart-owned membership club, that trashed pool — and the disappointment that came […]

JPMorgan Chase says Fed stress test results contained an error

JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, D.C. Evelyn Hockstein | Reuters JPMorgan Chase said late Wednesday that the Federal Reserve overestimated a key measure of income in the giant […]

Home prices begin to cool as active listings jump 35%

A townhouse for sale in the Upper East Side neighborhood of NYC.  Adam Jeffery | CNBC Some of the heat is coming out of home prices, even though they’re still higher than they were a year ago. Several new reports show the price gains are shrinking and home sellers are starting to give in after […]

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