Deira Trading Company

Retail crime crackdown results in hundreds of arrests: authorities

A nationwide coordinated crackdown on retail crime — what authorities are calling the first of its kind — led to hundreds of arrests in 28 states last week. The blitz, led by Illinois’ Cook County regional organized crime task force, involved more than 100 jurisdictions and over 30 retailers including Home Depot, Macy’s, Target, Ulta […]

Byron Allen broadcast TV stations up for sale

Byron Allen, founder, chairman and CEO of Allen Media Group, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 2, 2022. Patrick T. Fallon | Afp | Getty Images Byron Allen is putting his broadcast TV stations up for sale. Allen Media Group said on Monday it has retained investment bank […]

Peloton launching resale market for used bikes, treadmills

A Peloton bike is displayed at a Dick’s Sporting Goods store on May 08, 2024 in Daly City, California.  Justin Sullivan | Getty Images Peloton on Tuesday launched its own marketplace for reselling used equipment and gear as the company looks to capitalize on the many bikes and treadmills collecting dust in people’s homes.  The […]

Ford reports 16% sales increase in May amid employee pricing, tariffs

DETROIT — Ford Motor on Tuesday reported a 16.3% year-over-year U.S. sales increase for May, as the automaker continues an employee pricing program amid rising tariff costs and vehicle price increases. Sales for the Detroit automaker were led by a 17.2% increase in purchases of its vehicles with traditional internal combustion engines, as well as […]

Alaska Airlines to make Europe debut with Rome flights next year

An Alaska Airlines Boeing 737 airplane departs Los Angeles International Airport en route to Washington, D.C., in Los Angeles, March 30, 2025. Kevin Carter | Getty Images News | Getty Images Alaska Airlines plans to start its first flights to Europe next year with nonstop service to Rome from Seattle. The Seattle-based carrier’s new route […]

Dollar General (DG) Q1 2025 earnings

Shares of Dollar General jumped more than 10% on Tuesday after the discounter raised its outlook, saying it drew more middle- and higher-income shoppers amid fears that higher tariffs would hurt consumer spending. The Tennessee-based retailer beat quarterly expectations for revenue and earnings. The company said it now anticipates net sales will grow about 3.7% […]

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