Deira Trading Company

UAW strike expands to 38 more facilities at GM and Stellantis

DETROIT – The United Auto Workers is expanding strikes to 38 parts and distribution locations across 20 states for General Motors and Stellantis, UAW President Shawn Fain said Friday morning. The union will not initiate additional strikes at Ford Motor, as the company has proven it’s “serious about reaching a deal,” Fain said during a […]

UAW strike expands to 38 more facilities at GM and Stellantis

DETROIT – The United Auto Workers is expanding strikes to 38 parts and distribution locations across 20 states for General Motors and Stellantis, UAW President Shawn Fain said Friday morning. The union will not initiate additional strikes at Ford Motor, as the company has proven it’s “serious about reaching a deal,” Fain said during a […]

Amazon Prime Video ads start in 2024

Rafael Henrique | Lightrocket | Getty Images Ads are coming to Amazon‘s Prime Video. The company announced Friday that its streaming service – a part of Prime subscriptions that cost $14.99 a month – will now have limited ads in its TV series and movies. Advertising on Prime Video, known for shows such as “The […]

4 tips to save money on airport food so you don’t pull a David Brooks

Overpriced airport menu items do tend to go viral, such as when a LaGuardia Airport traveler snapped a pic of one terminal menu last year that was pouring Sam Adams Summer Ales for almost $30. The incident led the Port Authority of New York and New Jersey to audit the menus at NYC-area airport concessions. […]

Darden Restaurants (DRI) Q1 2024 earnings

A customer carries an Olive Garden shopping bag in Pittsburg, California, US, on Friday, Dec. 9, 2022.  David Paul Morris | Bloomberg | Getty Images Darden Restaurants on Thursday reported earnings and revenue that topped analysts’ expectations for its first quarter as the owner of Ruth’s Chris Steak House. But some consumers are pulling back on […]

Opinion: By buying Splunk, Cisco is closer to becoming a software company

With Cisco Systems Inc.’s pending acquisition of Splunk Inc., the networking giant is making another major step toward becoming a software company. On Thursday, Cisco CSCO, -3.89% said it was buying Splunk SPLK, +20.77% in a deal valued at about $28 billion, or $157 a share in cash, for the cloud-security company. The match had […]

Home sales stick near recent lows in August while prices climb

A “For Sale” sign is displayed in front of a home in Arlington, Virginia, on August 22, 2023. Andrew Caballero-Reynolds | AFP | Getty Images Sales of previously owned homes fell 0.7% in August from July to a seasonally adjusted, annualized rate of 4.04 million units, according to the National Association of Realtors. Sales were […]

U.K. consumer confidence improves to highest level since January 2022

Consumer confidence in the U.K. improved in September to the most optimistic level in more than a year and a half, a signal of improving prospects for the country’s economy and that pressures on household spending could be easing, according to a survey published Friday. Confidence among British consumers rose four points to minus 21 […]

Rupert Murdoch steps down as chairman of Fox and News Corp.

Rupert Murdoch is stepping down as chairman of the board of both Fox Corp. and News Corp., the companies said Thursday. The move will be official in November. Murdoch, 92, will be appointed chairman emeritus of each company. Lachlan Murdoch, one of his sons, will become sole chairman of News Corp. and will continue as […]

Top issues and where GM, Ford and Stellantis stand

(L-R) Supporter Ryan Sullivan, and United Auto Workers members Chris Sanders-Stone, Casey Miner, Kennedy R. Barbee Sr. and Stephen Brown picket outside the Jeep Plant on September 18, 2023 in Toledo, Ohio. Sarah Rice | Getty Images DETROIT — With a deadline for expanded strikes by the United Auto Workers against the Detroit automakers closing […]

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