Deira Trading Company

Shein’s revenue is ‘a lot more’ than $30 billion annually: exec

Shoppers walks past advertisements on the opening day of fast fashion e-commerce giant Shein, which is hosting a brick-and-mortar pop up inside Forever 21 at the Ontario Mills Mall in Ontario Thursday, Oct. 19, 2023.  Allen J. Schaben | Los Angeles Times | Getty Images ORLANDO, Fla. – Little is known about how much revenue […]

Tiger Woods ends Nike partnership after 27 years

A portrait of Tiger Woods of The United States during the pro-am as a preview for the Hero World Challenge at Albany Golf Course on November 29, 2023 in Nassau. David Cannon | Getty Images Tiger Woods’ 27-year partnership with Nike has come to an end. The superstar golfer announced the news in a statement […]

Why Spirit AeroSystems’ stock is falling on the 737 Max 9 news

Shares of Spirit AeroSystems Holdings Inc. took a dive Monday as investors took the aircraft-components maker to task for its part in the grounding of Boeing Co.’s 737 Max 9 planes. The grounding also hurt the shares of a number of other commercial aerospace suppliers with exposures to the 737 Max 9. “We expect the […]

Boeing stock slides after FAA grounds 737 Max 9s

An Alaska Airlines Boeing 737 Max-9 aircraft grounded at Seattle-Tacoma International Airport (SEA) in Seattle, Washington, US, on Saturday, Jan. 6, 2024.  David Ryder | Bloomberg | Getty Images Shares of Boeing tumbled roughly 8% in premarket trading Monday, as investors digested the news that the Federal Aviation Administration had ordered airlines to ground dozens […]

Alaska Airlines grounds Boeing 737 Max 9 fleet after section blows out midair

An Alaska Airlines plane takes off from Los Angeles International Airport (LAX) on December 4, 2023 in Los Angeles, California.  Mario Tama | Getty Images News | Getty Images Alaska Airlines will temporarily ground its fleet of 65 Boeing 737 Max 9 planes after a section of the plane blew out midflight on Friday, forcing […]

This peanut butter, banana and bacon-flavored whiskey honors Elvis Presley.

The bottle Elvis Whiskey’s Midnight Snack whiskey, $34.99 The back story It’s time to toast The King on his birthday, with a one-of-a-kind whiskey crafted in his honor. If he was still with us, Elvis Presley, the King of Rock ‘n’ Roll, would have turned 89 this upcoming Monday. But while Elvis left the building […]

Radio giant Audacy files for chapter 11 bankruptcy, as ad sales plunge

Radio and podcast giant Audacy Inc. filed for chapter 11 bankruptcy protection Sunday amid a cratering advertising market. Philadelphia-based Audacy AUDA, +5.50% announced a “comprehensive restructuring” Sunday, seeking to reduce about 80% of its $1.9 billion of debt, to roughly $350 million. “The perfect storm of sustained macroeconomic challenges over the past four years facing […]

Boeing 737 Max failure on Alaska Air flight invites renewed scrutiny

Boeing’s new 737 MAX-9 is pictured under construction at their production facility in Renton, Washington, Feb. 13, 2017. Jason Redmond | Reuters Boeing‘s plan to get back on solid footing after a series of quality flaws in its best-selling jet suffered a near-disastrous blow Friday when a plane panel blew out during an Alaska Airlines […]

Source: CurrencyRate