Deira Trading Company

Intuitive Machines (LUNR) Q4 results: Improved cash position, backlog

The IM-1 lander “Odysseus” in lunar orbit on Feb. 21, 2024. Intuitive Machines Intuitive Machines is building on the successes of its inaugural moon mission, reporting fourth-quarter results on Thursday and saying it now has “sufficient capital for the near term.” The lunar company revealed that its cash balance at the end of the year […]

Advisory firm ISS backs Nelson Peltz

The Walt Disney company logo is displayed on the floor of the New York Stock Exchange during morning trading on Dec. 1, 2023. Michael M. Santiago | Getty Images Proxy advisory firm Institutional Shareholder Services on Thursday recommended that Walt Disney shareholders elect activist investor Nelson Peltz to the board in his bitter fight against […]

February home sales spike 9.5% as supply improves

Jeff Greenberg | Universal Images Group | Getty Images Sales of existing homes surged 9.5% in February from January to 4.38 million units, on a seasonally adjusted annualized basis, according to the National Association of Realtors. Housing analysts had been expecting a slight drop. Sales were down 3.3% year over year, but it was the […]

Ex-Disney CEO Bob Chapek says ESPN doesn’t need strategic partners

Bob Chapek, chief executive officer of Disney, speaks at the 2022 Disney Legends Awards during Disney’s D23 Expo in Anaheim, California, Sept. 9, 2022. Mario Anzuoni | Reuters In his first public comments since Disney fired him as CEO in November 2022, Bob Chapek told CNBC he sees no reason for Disney-owned ESPN to add […]

Target doubles bonuses for salaried employees as profits recover

A Target store in New York, US, on Monday, March 4, 2024.  Shelby Knowles | Bloomberg | Getty Images Target will double its bonus payments to salaried employees this year, as the big-box retailer’s profits recover from a bumpy nearly two-year stretch. Salaried employees at the Minneapolis-based retailer receive an annual bonus, based on Target’s […]

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