Deira Trading Company

Why deregulation may not unlock media deals for WBD, others

David Zaslav at the Allen & Company Sun Valley Conference on July 9, 2024 in Sun Valley, Idaho. David Grogan | CNBC Comcast Chief Executive Officer Brian Roberts had a not-so-subtle message this week for Warner Bros. Discovery CEO David Zaslav: If you’re selling, I’m not buying. “Instead of engaging in a process to buy content […]

Southwest Airlines (LUV) earnings Q2 2024

Southwest Airlines on Thursday forecast a potential drop in unit revenue for the third quarter as an oversupplied U.S. market has forced airlines to discount tickets during what is usually the most lucrative period of the year. Southwest said unit revenue for the current quarter could fall as much as 2% over last year and […]

Ford, GM, Stellantis stocks fall after disappointing earnings reports

A Ford Bronco on display at the New York International Auto Show on March 28, 2024.  Danielle DeVries | CNBC DETROIT — Ford Motor is leading a decline in major U.S. automotive stocks this week amid disappointing results and investor skepticism around future performance. Shares of Ford closed Thursday at $11.16, down by 18.4% — […]

GM’s newest sports car tops 1,000 horsepower

2025 Chevrolet Corvette ZR1 Coupe with ZTK Performance Package. DETROIT — General Motors’ newest Chevrolet Corvette will be the most powerful version of the American sports car ever produced — and it’s not even close. The Detroit automaker said Thursday the 2025 Chevy Corvette ZR1 will be powered by a twin-turbocharged, 5.5-liter, V8 engine capable […]

Boeing’s crewed Starliner flight won’t return until August

Boeing’s Starliner spacecraft is pictured docked to the International Space Station. NASA Boeing’s crew spacecraft Starliner will stay docked with the International Space Station into August, NASA confirmed on Thursday, as the mission remains on hold while the company and agency study problems that arose early in the flight. Starliner capsule “Calypso,” which carried NASA […]

‘Deadpool & Wolverine’ set for highest opening of an R-rated film

Ryan Reynolds and Hugh Jackman star in Marvel’s “Deadpool and Wolverine.” Disney The “Merc with a Mouth” returns to the big screen this weekend, and he’s doing more than bringing an R-rating to Disney’s Marvel Cinematic Universe. “Deadpool & Wolverine,” the third stand-alone feature starring Ryan Reynolds as the regenerating degenerate, is expected to tally […]

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