Deira Trading Company

Blue Origin CEO Dave Limp brings urgency to Jeff Bezos’ space company

Blue Origin CEO Dave Limp, left, and founder Jeff Bezos look up at a New Glenn rocket on at the company’s LC-36 facility in Florida. Blue Origin Dave Limp had only one question for Jeff Bezos when he interviewed last year to become CEO of Blue Origin, the billionaire’s space venture. “Jeff, is Blue Origin […]

Tiger Woods’ logo dispute with Tigeraire escalates

USA’s Tiger Woods lines up a putt on the 2nd during day two of The Open at Royal Troon, South Ayrshire, Scotland. Picture date: Friday July 19, 2024.  Jane Barlow | PA Images | Getty Images A logo dispute between Tiger Woods’ apparel company Sun Day Red and Tigeraire, a company that makes cooling products […]

Mortgage rates spike after jobs report

The average rate on the 30-year-fixed mortgage jumped 27 basis points Friday morning following the release of the government’s monthly employment report. The rate is now 6.53%, according to Mortgage News Daily. That is 42 basis points higher than Sept. 17, the day before the Federal Reserve cut its benchmark rate by half a percentage […]

Zillow adds climate risk data to home listings

Insured losses for Hurricane Helene are now estimated at over $6 billion, but the uninsured losses are far higher. That’s because the vast majority of homes impacted by the storm, especially in hard-hit North Carolina, did not have flood insurance. New risk-assessment technology is designed to help change that for the future. Most homeowners in […]

Rivian lowers production forecast, misses Q3 delivery expectations

Workers assemble second-generation R1 vehicles at electric auto maker Rivian’s manufacturing facility in Normal, Illinois, U.S. June 21, 2024.  Joel Angel Juarez | Reuters Shares of Rivian Automotive dropped by as much as 8.9% in intraday trading Friday after the electric vehicle startup delivered fewer vehicles in the third quarter than analysts had expected and […]

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