Deira Trading Company

Home Depot to open distribution centers in home professional push

Home Depot said Thursday that it will open four new distribution centers as it chases more sales from remodelers, contractors and other home professionals.  The new distribution centers are expected to open in the first half of the year in Detroit, Los Angeles, San Antonio and Toronto. The facilities make room for the bulky size, […]

SpaceX Starship rocket flies milestone third test flight

SpaceX launched the third test flight of its Starship rocket on Thursday and reached space, as the company pushed development of the mammoth vehicle past new milestones. Elon Musk’s company launched Starship at about 9:25 a.m. ET from its Starbase facility near Boca Chica, Texas. The rocket flew further than previous tests, with the flight […]

Dick’s Sporting Goods (DKS) earnings Q4 2023

Dick’s Sporting Goods raised its dividend by 10% on Thursday as the company posted its largest sales quarter in its history and projected another year of growth. The company’s shares jumped more than 15% in intraday trading. CEO Lauren Hobart said on an earnings call Thursday that Dick’s sales growth came from bigger tickets — […]

Women’s sports executives weigh in on parity, media and NIL

Guard Caitlin Clark #22 of the Iowa Hawkeyes listens as the crowd cheers after breaking the NCAA women’s all-time scoring record during the game against the Michigan Wolverines at Carver-Hawkeye Arena on February 15, 2024 in Iowa City, Iowa.  Matthew Holst | Getty Images Women’s sports reached an inflection point in 2023, propelled by major […]

More charity money comes from ultra-wealthy

Bill and Melinda Gates brace the rain as they visit the township of Khayelitsha on October 25, 2019 in Cape Town, South Africa. Brenton Geach | Gallo Images | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign […]

Wall Street isn’t happy Kevin Plank is returning as Under Armour CEO

The interior of an Under Armour store is seen on November 03, 2021 in Houston, Texas. Brandon Bell | Getty Images Wall Street is not pleased that Under Armour founder Kevin Plank is returning as its CEO.  Shares of the athletic apparel company plunged about 12% on Thursday after the retailer announced late Wednesday that […]

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