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

Become a contributor

Bookmark Econotimes

Business

Sat, Oct 05, 2024 10:43 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against MiMedx Group, Inc. (MDXG)

Feb 27, 2018 01:00 am UTC| Business

NEW YORK, Feb. 26, 2018 -- Gainey McKenna Egleston announces that a class action lawsuit has been filed against MiMedx Group, Inc. (“MiMedx” or the “Company”) (NASDAQ:MDXG) in the United States District Court for the...

Akorn Issues Statement on Investigation

Feb 27, 2018 00:47 am UTC| Business

LAKE FOREST, Ill., Feb. 26, 2018 -- Akorn, Inc. (Nasdaq:AKRX), a leading specialty generic pharmaceutical company, today issued the following statement: “Akorn and Fresenius Kabi AG, with the assistance of outside...

Borr Drilling Announces Commencement of Tender Offer for Shares of Paragon Offshore Limited

Feb 27, 2018 00:38 am UTC| Business

HAMILTON, Bermuda and HOUSTON, Texas, Feb. 26, 2018 -- Borr Drilling Limited (“Borr”) today announced the commencement of its tender offer to purchase all of the outstanding shares (the “Shares”) of Paragon Offshore...

MSTS Taps World Fuel VP as Head of Business Development for APAC

Feb 27, 2018 00:30 am UTC| Business

OVERLAND PARK, Kan. and SINGAPORE, Feb. 26, 2018 -- MSTS, a global B2B payment and credit solutions provider, today announced the appointment of Piers Gorman as its head of business development for the APAC region. In...

FreightCar America, Inc. Announces Agreement to Acquire Assets of Navistar, Inc.’s Railcar Operations at Shoals Facility

Feb 27, 2018 00:29 am UTC| Business

CHICAGO, Feb. 26, 2018 -- FreightCar America, Inc. (NASDAQ:RAIL) (“FreightCar”) announced today that it has entered into an asset purchase agreement with Navistar, Inc. (“Navistar”) to acquire substantially all of...

FreightCar America, Inc. Reports Fourth Quarter and Full Year 2017 Results

Feb 27, 2018 00:19 am UTC| Business

CHICAGO, Feb. 26, 2018 -- FreightCar America, Inc. (NASDAQ:RAIL) today reported results for the fourth quarter ended December 31, 2017. Financial Highlights Fourth quarter revenue of $79.2 million on deliveries of...

Rapier Gold and GFG Resources Receive Court Approval

Feb 27, 2018 00:01 am UTC| Business

VANCOUVER, British Columbia, Feb. 26, 2018 -- Rapier Gold Inc. (TSXV:RPR) (“Rapier”) and GFG Resources Inc. (TSXV:GFG) (OTCQB: GFGSF) (“GFG”) are pleased to announce that the companies have received a final order from...

6081 6082 6083 6084 6085 6086 6087 6088 6089 6090

Economy

Higher-than-Expected September Inflation Delays Turkey’s Anticipated Interest Rate Cuts

Turkeys annual inflation rate dropped to 49.38% in September, but a higher-than-expected monthly increase of nearly 3% has dampened expectations for early interest rate cuts. Analysts now predict the central bank may not...

Lucid Air Grand Touring Joins Dubai Police Fleet, Expanding UAE’s Push for Green Vehicles

Dubai Police has added the Lucid Air Grand Touring to its fleet, bolstering its push for sustainability under the Dubai Quality of Life Strategy 2033. The inclusion of the luxury electric vehicle highlights the UAEs...

U.S. Services Sector Hits 1.5-Year High in September as Employment Weakens

The U.S. services sector expanded at its fastest pace in 18 months in September, driven by strong new orders, according to the Institute for Supply Management. However, the robust growth came as employment in the sector...

Major Gaps in Home Loan Data Raise Concerns Over Discriminatory Lending and Accountability

A new report from the National Community Reinvestment Coalition reveals that over 12% of U.S. home loan applicants fail to provide race data, undermining efforts to detect discriminatory lending. The lack of complete data...

U.S. payrolls exceeded expectations significantly, while the unemployment rate dropps to 4.1%.

Nonfarm employment rose by 254,000 in September, exceeding the average expectation of 150,000. Revisions for employment growth in the prior two months added another 72,000. Over the latest three months, average payroll...

Politics

Donald Trump Receives Overwhelming Endorsement: ‘200+ Military Leaders Back His Return to the White House'

In a stunning show of support, more than 200 retired military generals and admirals have publicly endorsed former President Donald Trump in an open letter, underscoring their belief in his leadership and commitment to the...

Donald Trump's Pal Elon Musk Slams Kamala Harris Win: 'A Disaster for Civilization'

Elon Musk has voiced serious concerns about Kamala Harris potentially winning the upcoming presidential election, calling it not only bad for America but warning that it could spell disaster for the future of civilization...

Donald Trump Set for Landslide Victory: ‘Commanding Lead in Key States – This Could Be Unstoppable'

Donald Trump appears to be positioned for a sweeping victory in the upcoming presidential election, as new polling data suggests the former president holds a commanding lead in several crucial battleground states....

Donald Trump Refuses 60 Minutes Interview Over Lack of Apology for Hunter Biden Laptop Story

In a bold move, former President Donald Trump announced that he is refusing to sit down for an interview with 60 Minutes until he receives an apology for the networks previous claims regarding Hunter Bidens infamous...

Biden-Harris Admin Warns FEMA May Run Out of Funds Amid Hurricane Season After Billions Sent Overseas

In a shocking development, the Biden-Harris administration announced that FEMA (Federal Emergency Management Agency) may not have enough resources to make it through the rest of hurricane season. This warning comes on the...

Science

Europe Pushes Back Against SpaceX's Efforts to Expand Starlink Direct-to-Cell Operations

European mobile network operators are opposing SpaceXs initiative to expand Starlink Direct-to-Cell services, urging the U.S. Federal Communications Commission (FCC) to reject SpaceXs request to operate beyond standard...

SpaceX and T-Mobile Begin Testing Starlink Cellular Satellite Service Ahead of 2025 Launch

SpaceX and T-Mobile have reportedly initiated tests for their highly anticipated Starlink Cellular satellite service. Speculation emerged after users noticed satellite activity on their phones, fueling excitement ahead of...

SpaceX Pauses Falcon 9 Launches After Anomaly During Crew 9 Mission Investigation

SpaceX has suspended all Falcon 9 launches after an anomaly occurred with the rockets second stage during the Crew 9 mission for NASA. The second stage failed to land as planned, prompting an investigation and delaying...

Tesla’s $25K Compact Car Could Drive Bigger Stock Gains Than Robotaxi, Analyst Predicts

As anticipation builds for Teslas Robotaxi, some analysts believe the companys upcoming $25,000 compact car will have a more significant impact on its stock. Gary Black of The Future Fund argues that entering the...

Starlink Reaches 4 Million Customers Globally as SpaceX Expands Operations and Services

SpaceXs Starlink has officially surpassed 4 million customers across more than 100 countries. This milestone was announced by SpaceX COO Gwynne Shotwell, who also outlined plans for expanding Starlinks satellite network...

Technology

Apple Rumored to Unveil microLED Smart Glasses in 2026—A Game-Changer?

Apple is reportedly gearing up to release its highly anticipated smart glasses featuring microLED technology by 2026. The rumored device could redefine wearable tech with a lightweight design and unprecedented...

Foxconn Breaks Records with AI-Fueled Revenue Surge, Surpasses Forecasts in Blockbuster Q3 Performance

Foxconn, the worlds largest contract electronics maker, reported record-breaking third-quarter revenue of $57.3 billion, driven by strong demand for AI servers and cloud equipment. The company outperformed forecasts,...

Cybertruck Non-Foundation Images Leak Online, Revealing Tesla’s Stripped-Down Electric Pickup

The first images of Teslas highly anticipated non-Foundation Cybertruck have leaked online, revealing a more streamlined version without the premium upgrades. The all-electric trucks basic design is now stirring excitement...

POPCAT Hits $1.26 After 25% Surge—Is a $5 Rally On the Horizon?

POPCATs price surged 25% over the past 24 hours, climbing to a record high of $1.26. This dramatic rise places it among the top market gainers, with analysts forecasting further gains potentially pushing the memecoin...

Shiba Inu Trade Volume Explodes to $500 Million – Is a Massive SHIB Rally About to Begin?

Shiba Inu (SHIB) saw a dramatic rise in trade volume over the past 24 hours, climbing by 24.75% to nearly $500 million. Coupled with increased open interest and a key technical rebound, SHIB shows signs of potential...