Deira Trading Company

Hollywood’s AI issues are far from settled after WGA deal

Members of the Writers Guild of America (WGA) East hold signs as they walk for the second day on the picket-line outside of Netflix’s New York office on May 03, 2023 in New York City. Spencer Platt | Getty Images The Writers Guild of America’s labor deal with Hollywood studios was billed as a big […]

Reserve Bank of Australia Warns of Low Tolerance for Stubborn Inflation

By Stuart Condie SYDNEY–The Reserve Bank of Australia continues to warn that further interest-rate increases may be needed if it sees signs that inflation isn’t under control. Minutes of the Oct. 3 board meeting published Tuesday showed that RBA board members mulled raising the cash rate by 25 basis points amid worries that persistently high…

Goldman Sachs (GS) earnings 3Q 2023

David Solomon, chief executive officer of Goldman Sachs Group Inc., at the Goldman Sachs Financial Services Conference in New York, Dec. 6, 2022. Michael Nagle | Bloomberg | Getty Images Goldman Sachs is scheduled to report third-quarter earnings before the opening bell Tuesday. Here’s what Wall Street expects: Earnings: $5.31 a share, according to LSEG, […]

Goldman Sachs (GS) earnings 3Q 2023

David Solomon, chief executive officer of Goldman Sachs Group Inc., at the Goldman Sachs Financial Services Conference in New York, Dec. 6, 2022. Michael Nagle | Bloomberg | Getty Images Goldman Sachs is scheduled to report third-quarter earnings before the opening bell Tuesday. Here’s what Wall Street expects: Earnings: $5.31 a share, according to LSEG, […]

Absolut Vodka, Sprite canned cocktail coming next year

Absolut Vodka and Sprite. Coca-Cola is teaming up with Pernod Ricard to launch a new ready-to-drink and premixed cocktail beginning 2024, the companies announced Monday. The new cocktail will contain a mix of Absolut Vodka and Sprite, the companies said. The drink will be available in two versions with Sprite and Sprite Zero Sugar. The […]

Faraday Future to cut operational costs as part of plan to reach profitability

Faraday Future Intelligent Electric FFIE has adopted a masterplan to reach profitability and reduce dependence on external funding. The Los Angeles-based electric-vehicle company said it would “meaningfully reduce people cost” and other administrative expenses unrelated to production of its FF 91 2.0 Futurist Alliance, its limited edition luxury EV line. The…

Rite Aid files for bankruptcy amid slowing sales, opioid litigation

Rite Aid filed for Chapter 11 bankruptcy protection in New Jersey on Sunday and said it would begin restructuring to significantly reduce its debt. The company said it reached a deal with creditors on a restructuring plan that includes evaluating its retail footprint and closing underperforming locations. Rite Aid also said lenders agreed to extend […]

Taylor Swift Eras Tour box office: Second best October open

Taylor Swift performs onstage during at Ford Field on June 9, 2023 in Detroit, Michigan. Scott Legato | TAS23 | Getty Taylor Swift and AMC have collected the receipts and results are in: the Eras Tour concert film is the second-highest domestic opener of October ever. The film tallied $92.8 million during its first three […]

Bill Ford calls on union to make a deal

Bill Ford, Executive Chairman of Ford Motor Company, announces at a press conference that Ford will be partnering with the worlds largest battery company, a China-based company called Contemporary Amperex Technology, to create an electric-vehicle battery plant in Marshall, Michigan, on February 13, 2023 in Romulus, Michigan. Bill Pugliano | Getty Images DEARBORN, Mich. – […]

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