Deira Trading Company

Claire’s files for bankruptcy again as debt pile looms

People walk by a Claire’s store on December 11, 2024 in San Rafael, California.  Justin Sullivan | Getty Images News | Getty Images Tween retailer Claire’s filed for bankruptcy protection for the second time in seven years on Wednesday in the hopes it can reorganize its business and stave off liquidation.  The mall-based boutique, long […]

ESPN, WWE ink five-year deal for WrestleMania, Royal Rumble, other live events

The WWE is coming to ESPN. The Disney-controlled sports and entertainment business will pay an average of $325 million per year for five years of U.S. rights to the WWE’s biggest live events, including WrestleMania, the Royal Rumble and SummerSlam, beginning in 2026, according to people familiar with the matter who declined to be naming […]

E.l.f. Beauty (ELF) earnings Q1 2026

E.l.f. Beauty’s profits fell 30% in its fiscal first quarter as new tariffs on Chinese imports begin to affect the cosmetic company’s bottom line. In the three months that ended on June 30, E.l.f.’s net income fell to $33.3 million, down 30% from $47.6 million a year ago. The company, which sources about 75% of […]

Candy giant Mars partners with biotech firm to gene-edit cocoa supply

Packages of M&M’s milk chocolate candy are stacked at a Costco Wholesale store in San Diego, California, on July 12, 2025. Kevin Carter | Getty Images News | Getty Images Candy maker Mars said Wednesday it has partnered with biotech company Pairwise to speed up the development of more resilient cocoa using CRISPR-based gene editing […]

Warren asks FTC to consider blocking Dick’s-Foot Locker merger

Foot Locker and Dick’s Sporting Good stores. Reuters Sen. Elizabeth Warren is calling on the FTC and DOJ to consider blocking Dick’s Sporting Goods’ proposed acquisition of Foot Locker, writing in a letter to the agencies that the merger could cut jobs, raise prices and reduce competition.  The missive, sent Tuesday evening, asks the agencies […]

McDonald’s (MCD) Q2 2025 earnings

A corporate logo for McDonald’s hangs above the door of a restaurant on Broadway in New York City on June 11, 2025. Gary Hershorn | Corbis News | Getty Images McDonald’s on Wednesday reported quarterly earnings and revenue that topped analysts’ expectations as buzzy promotions helped its U.S. restaurants rebound. Here’s what the company reported […]

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