Deira Trading Company

RH (RH) Q2 2025 earnings

Shares of RH fell slightly Friday after the luxury furniture retailer significantly missed revenue expectations in its fiscal second-quarter earnings report and slashed its full-year revenue outlook. The chain said Thursday that it will take another $30 million hit to its forecast because of tariffs, even though the retailer stood by its full-year projection three […]

Striking defense workers reject Boeing contract offer

The Boeing Company at Paris Air Show 2025 in Le Bourget Airport. Nicolas Economou | Nurphoto | Getty Images Striking Boeing defense workers in Missouri voted Friday against the company’s latest offer of a modified contract deal, according to the union representing the workers. More than 3,000 workers in the St. Louis area will remain […]

Massachusetts sues Kalshi alleging illegal sports gambling

The Kalshi logo arranged on a laptop in New York, US, on Monday, Feb. 10, 2025. Gabby Jones | Bloomberg | Getty Images Massachusetts filed a lawsuit in state court Friday against Kalshi, alleging the predictions platform offers sports gambling without a license under the guise of events contracts. “If Kalsi wants to be in […]

Ram cancels plans for all-electric pickup truck

Stellantis’ Ram 1500 Revolution battery-electric concept pickup truck is introduced during a keynote address by Stellantis CEO Carlos Tavaras during CES 2023 at the Venetian Resort Las Vegas on Jan. 5, 2023. Ethan Miller | Getty Images Stellantis‘ Ram brand is canceling plans to develop a full-size electric Ram 1500 pickup truck, citing slowing demand […]

Pfizer, Moderna shares fall on Trump child Covid shot report

Vials with Pfizer-BioNTech and Moderna coronavirus disease (COVID-19) vaccine labels are seen in this illustration picture taken March 19, 2021. Dado Ruvic | Reuters Shares of Pfizer and Moderna fell on Friday after a report that Trump administration health officials plan to link Covid vaccines to the deaths of 25 children.  The report from the […]

Fintech firm Lendbuzz to file for IPO

Traders work at the New York Stock Exchange on Aug. 29, 2025. NYSE Lendbuzz, an auto finance fintech company, is planning to file an IPO prospectus as soon as Friday, according to people familiar with the matter.  The Boston-based company is targeting a valuation of around $1.5 billion, according to one of the people, who […]

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