Deira Trading Company

Marc Lasry discusses Steve Ballmer Kawhi Leonard payment

Former Milwaukee Bucks co-owner Marc Lasry said he doesn’t believe L.A. Clippers owner Steve Ballmer attempted to circumvent the NBA’s salary cap by working with a third-party company to surreptitiously pay superstar Kawhi Leonard in 2021 “It’s not something I would ever believe,” Lasry told CNBC in an exclusive interview. “I’ve always found him to […]

Boeing reaches tentative labor deal with striking defense workers

Workers picket outside the Boeing Defense, Space & Security facility in Berkeley, Missouri, US, on Monday, Aug. 4, 2025. Neeta Satam | Bloomberg | Getty Images The union that represents striking Boeing defense workers said Wednesday it has reached a tentative agreement with the company, subject to final voting this Friday. The agreement, set for […]

Air India CEO says carrier embracing ‘new normal’ after deadly crash

An Air India Boeing 787-8 Dreamliner. Sopa Images | Lightrocket | Getty Images LONG BEACH, Calif. — Air India CEO Campbell Wilson said the carrier has embraced a “new normal” and a stepped-up safety focus following the crash of one of its planes in June, the deadliest aviation disaster in a decade. All but one […]

Avelo Airlines to buy 50 E2 jets from Brazil plane maker Embraer

An Embraer SA E190-E2 passenger aircraft stands on display on day two of the Farnborough International Airshow (FIA) 2018 in Farnborough, U.K., on Tuesday, July 17, 2018.  Bloomberg | Bloomberg | Getty Images Brazilian airplane maker Embraer has landed its first U.S. sale of its efficient but slow-selling E2 jets with a 50-plane deal from […]

Uber Eats partners with Pipe to offer loans to restaurants

Fintech company Pipe is partnering with Uber in a new effort to help small businesses acquire loans with fewer barriers to access, CNBC has learned. Pipe is teaming up with Uber Eats to add its embedded technology to the company’s restaurant manager app. Eligible restaurants will see pre-approved capital offers from Pipe that are customized […]

Airbus CEO reaffirms delivery guidance for 2025

Airbus CEO Guillaume Faury told CNBC on Tuesday that the plane maker remains on pace to deliver about 820 commercial aircraft in 2025, even as engine production delays continue to limit its capabilities. In an interview with CNBC’s Phil LeBeau, Faury said the European company is “on track” with aircraft production and has been making […]

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