Deira Trading Company

Lululemon (LULU) earnings Q1 2024

Lululemon‘s growth in the Americas, its largest market, appears to be stalling after the retailer on Wednesday reported flat comparable sales in the region and weak guidance for the current quarter.  The athletic apparel retailer handily beat Wall Street’s earnings estimates, but only narrowly topped revenue expectations. Lululemon’s full fiscal-year guidance suggests the company is […]

American Airlines offers flight attendants raises amid contract talks

American Airlines flight attendants demonstrate outside the White House in Washington, DC, on May 9, 2024, as part of a nationwide strike.  Drew Angerer | AFP | Getty Images American Airlines CEO Robert Isom offered flight attendants immediate 17% wage increases on Wednesday as contract talks continue without a deal, bringing closer the prospect of […]

Boeing Starliner to launch first NASA astronauts

Boeing launched its first Starliner flight with astronauts on Wednesday, beginning a crucial final flight test of the long-delayed spacecraft. The launch took off at 10:52 a.m. ET from Cape Canaveral, Florida with two NASA astronauts aboard. Starliner is carried by an United Launch Alliance’s Atlas V rocket and bound for the International Space Station. […]

Up to $5 million in funding

Ira L. Black – Corbis | Corbis News | Getty Images The U.S. Small Business Administration plans to unveil new government-backed credit lines of up to $5 million for small businesses, SBA Administrator Isabel Casillas Guzman told CNBC. The SBA is launching a working capital pilot program in the coming months that is designed to […]

Paramount outlines job cuts, streaming JV plans at annual meeting

A view of Paramount Studios’s water tank as SAG-AFTRA members walk the picket line outside during their ongoing strike, in Los Angeles, California, U.S., September 26, 2023.  Mario Anzuoni | Reuters The current leadership of Paramount Global presented a go-forward plan at the company’s annual shareholder meeting Tuesday in the event a sale of the […]

Max increases prices before House of the Dragon

In this photo illustration, the Warner Bros. Discovery logo is displayed on a smartphone screen. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Warner Bros. Discovery‘s Max announced price increases for its ad-free options on Tuesday, as a range of streamers make their memberships more expensive.  The move comes only 12 days before […]

Source: CurrencyRate