Deira Trading Company

Hyundai raid could leave businesses reassessing their workforces

This image from video provided by U.S. Immigration and Customs Enforcement via DVIDS shows manufacturing plant employees being escorted outside the Hyundai Motor Group’s electric vehicle plant, Thursday, Sept. 4, 2025, in Ellabell, Ga. Corey Bullard/U.S. Immigration and Customs Enforcement via AP Last week’s sweeping immigration raid on a Hyundai facility in Georgia could spell […]

JPMorgan CEO Jamie Dimon says the economy ‘is weakening’

JPMorgan Chase CEO Jamie Dimon said that a Labor Department report released Tuesday confirmed that the U.S. economy is slowing down. The department revised lower its nonfarm payrolls data for the year through March 2025 by 911,000 jobs from initial estimates. That was on the high side of Wall Street’s expectations for a downward shift […]

Shake Shack launches French onion soup burger

Shake Shack will introduce a new French Onion Soup menu in its app. Courtesy: Shake Shack As value wars take hold across fast food, Shake Shack aims to offer premium items at a discount. Building off its recent success with the $10 Dubai Chocolate Pistachio Shake, Shake Shack will launch its latest menu innovation Tuesday, […]

Carlyle to partner with Red Bull Formula 1 team

Carlyle is set to announce a new partnership with Formula 1 team Oracle Red Bull Racing as private markets firms aim to ramp up their exposure to the high-net worth and retail investor cohorts, CNBC has learned. The agreement will plaster Carlyle’s branding on Red Bull’s RB21 challenger, drivers’ team kits, the pit wall and […]

CRE giant BGO uses AI to find undervalued assets in unlikely areas

Investors own more than 131,000 homes in the Las Vegas Valley now. Las Vegas Review-journal | Tribune News Service | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, […]

Billionaire family offices bet on drones, nuclear energy in August

Key Points Billionaire family offices inked high-profile investments in an otherwise slow month for deal-making, according to Fintrx. Four billionaires’ private investment firms joined an $863 million fundraise for a nuclear fusion startup. Peter Thiel, a longtime investor in defense tech, backed a German drone maker as other high-net-worth investors flock to the sector. A […]

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