Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Business

Fri, Sep 27, 2024 04:20 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Vatican Shocks WIth Funds Misappropriation

Nov 04, 2015 10:45 am UTC| Business

The Vatican in engulfed in severe criticism brought by two controversial books that shed light on highly mismanaged funds, senior officials pouring Church funds into their apartments and frozen bank accounts of the Office...

Amazon opens bookstore in Seattle based on data

Nov 04, 2015 07:52 am UTC| Business

After badly hitting businesses of several bookstores, Amazon has now opened its own brick and mortar bookshop in University Village, The Seattle Times reported. Christened as Amazon Books, the store is stocked with 5,000...

It’s Not Stars, It’s Hearts On Twitter

Nov 04, 2015 06:01 am UTC| Business

Twitter on Tuesday announced that it is changing its star icon for favorites to a heart and will be calling them likes. While this is not something new, as users are well accustomed to using them on Instagram and Facebook,...

Chipotle Shuts Restaurants Following E.Coli Outbreak

Nov 03, 2015 08:04 am UTC| Business

Over the last weekend, the Chipotle chain shut down 43 restaurants in Washington State and Oregon after Oregon Health Authority (OHA) started investigating an outbreak among people who became ill with Shiga toxinE....

China Debuts First Passenger Jet, Aviation Goals

Nov 02, 2015 17:41 pm UTC| Business

On Monday, Commercial Aircraft Corp. of China (COMAC) debuted its single-aisle C919 passenger jet to a crowd of several thousand from its manufacturing and assembly center in Pudong, Shanghai. Bloomberg said the aircraft...

Sprint To Cut USD2.5 Billion In Costs, Layoffs Could Reach Thousands

Nov 02, 2015 17:22 pm UTC| Business

On Sunday, US wireless carrier Sprint unveiled its plans to reduce its fiscal costs for 2016 by as much as USD2.5 billion. According to the company, the fiscal cost cuts, which will include measures like job layoffs and...

Estee Lauder Reports Strong Profit, Increases Quarterly Dividend

Nov 02, 2015 17:04 pm UTC| Business

Today, skincare and makeup company The Estée Lauder Companies Inc posted a better-than-expected quarterly earnings report, beating analysts expectations. According to Reuters, Sales from its makeup division...

24751 24752 24753 24754 24755 24756 24757 24758 24759 24760

Economy

Amazon Surpasses $1.8 Billion Ad Commitment Goal for 2024 Streaming Services

Amazon (NASDAQ:AMZN) has surpassed its target of securing $1.8 billion in ad-spending commitments for its video-streaming services for the upcoming year, according to a report from The Information, citing a source familiar...

Global Stocks Hit Record Highs as Oil Slips Amid Saudi Plans

Global stock markets surged to new highs on Thursday, propelled by chipmaker Micron Technologys upbeat forecast. The SP 500 and Europes STOXX 600 closed at all-time highs, while the MSCI global index set an intraday...

Fitch Warns Brazil's Economy Outpaces Fiscal Improvements

Despite Brazils strong economic performance, Fitch Ratings cautioned on Thursday that it has not translated into improved public finances. The agency anticipates challenges in 2025 and forecasts a steeper rise in the...

Asian Markets Rally Amid China’s Stimulus Push

Chinese President Xi Jinpings stimulus measures have sparked a rally across Asian markets. This week, China introduced a series of monetary, liquidity, and fiscal policies, fueling investor hopes for an economic turnaround...

Fed's Cook Backs Rate Cut, Cites Employment Risks

Federal Reserve Governor Lisa Cook endorsed the recent 50 basis-point interest-rate cut, emphasizing the need to address downside risks to employment. I wholeheartedly supported the decision, Cook said in remarks at The...

Politics

How Has Donald Trump Impacted the U.S. Judicial System?

Donald Trumps presidency left a profound and lasting impact on the U.S. judicial system. Over his four years in office, Trump appointed more than 200 federal judges and transformed the ideological makeup of the Supreme...

How Donald Trump's Policies on Trade, Immigration, and Taxes Differ from Previous Administrations?

Donald Trumps presidency introduced sweeping changes to U.S. policy in several critical areas, including trade, immigration, and taxes. His America First agenda set his administration apart from those of his predecessors,...

How Has Donald Trump Affected U.S. Foreign Policy?

During his tenure as the 45th president of the United States, Donald Trump drastically altered the countrys foreign policy approach, leaving a legacy defined by a focus on nationalism, bilateral agreements, and a departure...

What Are Donald Trump’s Key Achievements and Failures as President?

Donald Trumps presidency, from 2017 to 2021, was one of the most polarizing and controversial in modern American history. As the 45th president, Trumps time in office was marked by significant achievements in economic...

Eddie Griffin Invites Donald Trump on Show, Snubs Kamala Harris in Fiery Remarks

Hollywood comedian and actor Eddie Griffin has sparked controversy after extending an invitation to former President Donald Trump to appear on his show, while simultaneously dismissing any possibility of speaking with Vice...

Science

SpaceX Criticizes FAA Over Licensing Delays and 'Inaccurate' Testimony in Congressional Hearing

SpaceX has called out the Federal Aviation Administration (FAA) for making incorrect and concerning claims during a congressional hearing. The tension centers around SpaceXs licensing challenges for Starship missions and...

Hawaiian Airlines Rolls Out Free Starlink Internet on Airbus A330 and A321neo Fleet

Hawaiian Airlines has partnered with SpaceXs Starlink to provide free high-speed internet on its Airbus A330 and A321neo fleet. The airline plans to expand the service to its Boeing 787 aircraft, enhancing in-flight...

T-Mobile CEO Predicts Starlink Cellular Beta Launch by Late 2024 or Early 2025

T-Mobile CEO Mike Sievert anticipates the Starlink Cellular beta, also known as Starlink Direct-to-Cell, could launch between late 2024 and early 2025. The initial beta will offer text services, with voice, data, and IoT...

SpaceX Recovers Super Heavy Booster, Prepares for Tower Catch in Upcoming Starship Flight 5

SpaceX has successfully recovered the Super Heavy booster from Starship Flight 4, marking the first retrieval of the rocket post-launch. The company is now preparing for Starship Flight 5, where it will attempt a milestone...

Turbo Cancer: Are COVID-19 Vaccines to Blame?

A wave of misinformation about COVID-19 vaccines has resurfaced, with several anti-vaccine activistsincluding some health professionalspushing the false claim that vaccines are linked to a rise in aggressive cancers,...

Technology

Grayscale Spotlights 20 Cryptos Poised for Massive Gains—Is Your Portfolio Ready?

Grayscale Research has spotlighted 20 digital assets expected to outperform in the fourth quarter, emphasizing factors like probable catalysts and technological advancements that may drive their success. Grayscale...

US Hits Russia Crypto Exchanges, Revealing $720M in Ransomware Dirty Money

US authorities have sanctioned two Russian cryptocurrency exchanges, uncovering a staggering $720 million in laundered funds from ransomware operations. The crackdown shines a light on the role of Russia-based platforms in...

Can Coinbase’s Hamster Kombat Futures Listing Spark a Comeback After HMSTR’s 43% Price Crash?

Coinbase will introduce Hamster Kombat perpetual futures on September 26, raising speculation on whether this could spark a much-needed price recovery after a 43% plunge to $0.007094. Coinbase, a cryptocurrency...

오픈AI 인사 이동, 조직 재편과 무관하다고 CEO 밝혀

챗GPT(ChatGPT) 개발사인 오픈AI(OpenAI)의 CEO 샘 알트먼은 목요일, 최근 회사의 고위 임원들이 퇴사한 것이 회사의 구조조정 계획과는 무관하다고 밝혔다. 오픈AI의 오랜 최고기술책임자(CTO)인 미라 무라티는 수요일 갑작스럽게...

Shiba Inu (SHIB) Hits 203% Volume Surge, Inches Closer to Massive Price Breakout

Shiba Inu (SHIB) has surged with a 203% jump in trading volume, fueling a price increase that brings the token near a critical resistance level. This upward trend follows a period of consolidation, drawing renewed...