Deira Trading Company

Why home prices are still rising even as inventory recovers

Anyone out shopping for a home today knows there is still precious little for sale. The housing market is just beginning to come out of its leanest few years in history. Inventory of both new and existing homes is finally rising, but there is something suddenly strange in the numbers: The supply of newly built […]

Nonalcoholic beer maker Athletic Brewing raises $50 million

Company founder Bill Shufelt (left) and head brewer John Walker pause at the Athletic Brewing’s nonalcoholic brewery and production plant on March 20, 2019 in Stratford, Connecticut. Spencer Platt | Getty Images Leading nonalcoholic brewer Athletic Brewing Company announced Tuesday it’s raised an additional $50 million in equity financing in a round led by General […]

Gravitics lands $125 million order from Axiom

A pathfinder for Gravitics’ 4-meter space station module design in use for developing manufacturing and assembly methods. Gravitics Washington-based startup Gravitics has signed a $125 million contract to expand Axiom Space’s planned space station, the latest deal in the burgeoning private market for orbiting habitats. “Working with the station operator that will have hardware on […]

Why theater owners are worried

The Paramount Studios in Los Angeles on April 29, 2024. Eric Thayer | Bloomberg | Getty Images More consolidation, more problems — that’s the latest fear gripping the theatrical industry. After a monthslong negotiation process, Paramount and Skydance have struck a merger agreement. While the proposed union has been touted as perfect match by those […]

Paramount agrees to merge with Skydance, ending Redstone era

The Paramount Studios in Los Angeles, California, US on Monday, April 29, 2024.  Eric Thayer | Bloomberg | Getty Images Paramount Global has agreed to merge with Skydance, capping off a monthslong negotiation, in a deal that would see the Redstone family step away from control of the storied movie studio and media company. Paramount’s […]

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