Deira Trading Company

Major League Pickleball, PPA merger back on

Lacy Schneemann of the Florida Smash returns a shot during a group play Major League Pickleball match against BLQK at Pickle & Chill in Columbus, Ohio, Oct. 15, 2022. Emilee Chinn | Getty Images After weeks of drama in professional pickleball, the PPA Tour and Major League Pickleball have again agreed to merge, the leagues […]

Citigroup CEO Jane Fraser reorganizes business

Jane Fraser CEO, Citi, speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, May 1, 2023. Mike Blake | Reuters Citigroup CEO Jane Fraser announced a corporate reorganization Wednesday, saying the move would cut down management layers and accelerate decisions. Fraser, closing in on her third full year atop the bank, said […]

U.S. stocks are facing a triple threat that could lead to more losses ahead

U.S. stocks are facing a triple threat from a stronger U.S. dollar, rising Treasury yields and higher oil prices that could further erode gains accrued by the main indexes since the start of 2023, analysts told MarketWatch. “The summer rally in stocks is succumbing to higher oil, rates, and a stronger dollar,” said Michael Kramer, […]

TKO, the merged UFC-WWE, aspires to grow beyond fighting

Ultimate Fighting Championship and World Wrestling Entertainment executives decided to name their new publicly traded company TKO to honor the companies’ expertise in fighting, but they have broader aspirations than just owning combat sports. TKO began trading on the New York Stock Exchange on Tuesday, culminating a merger of two live-entertainment juggernauts that was announced […]

Decongestant phenylephrine doesn’t work, FDA advisors say

Cold and flu medicine including Nyquil sits on a store shelf on September 12, 2023 in Miami, Florida. Joe Raedle | Getty Images The main ingredient used in many popular over-the-counter cold and allergy medications doesn’t actually work to get rid of nasal congestion, an advisory panel to the Food and Drug Administration declared Tuesday.  […]

Ford to double F-150 hybrid pickup production as EV sales growth slows

2024 Ford F-150 PowerBoost Platinum hybrid Ford DETROIT — Ford Motor plans to double production of a hybrid version of its F-150 pickup truck as the company grapples with slower-than-expected sales of its all-electric vehicles. Ford expects to increase sales of the V-6 hybrid model during the 2024 model year to roughly 20% in the […]

CDC recommends updated Covid vaccines for ages 6 months and up

A vial of the Moderna coronavirus booster vaccine targeting BA.4 and BA.5 Omicron subvariants is pictured at Skippack Pharmacy in Schwenksville, Pennsylvania, Sept. 8, 2022. Hannah Beier | Reuters The Centers for Disease Control and Prevention on Tuesday recommended that all Americans ages 6 months and older receive updated Covid shots from Pfizer and Moderna, […]

Source: CurrencyRate