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

Become a contributor

Bookmark Econotimes

Business

Sun, Apr 12, 2026 07:52 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Rivian Expands Layoffs With Additional 1% of Jobs Amid Growing EV Market Woes

Apr 18, 2024 06:23 am UTC| Business

Rivian Automotive, Inc. announced a new round of layoffs, and an additional one percent of its workforce is set to be terminated. The American electric vehicle manufacturer is reportedly implementing another job cut to...

PUMA and BMW MMS Launch Vibrant Crews Go Summer Collection

Apr 18, 2024 05:57 am UTC| Business Sports

In a collaboration that blends the adrenaline of motorsport with the relaxed vibes of summer, global sportswear giant PUMA, together with BMW M Motorsport (MMS), is proud to announce the launch of the Crews Go Summer...

Amazon Ditches Its ‘Just Walk Out’ Cashierless Shopping Tech, Decides to Offer the System to Other Stores

Apr 18, 2024 05:17 am UTC| Business Technology

Amazon Inc. stopped using its Just Walk Out technology, and it has removed it from stores it owns, such as its Amazon Fresh Groceries. While the company ditched this cashierless innovation, it would like to sell or license...

Tokyo's Iconic Starbucks Overlooking Shibuya Scramble Crossing Reopens with Fresh Design

Apr 18, 2024 05:14 am UTC| Business

After months of anticipation and worry among coffee enthusiasts, Tokyos most renowned Starbucks branch makes a grand comeback. Located in the heart of Shibuya, this Starbucks has long been celebrated for its prime view of...

United Airlines to Receive Compensation from Boeing for 737 MAX Grounding

Apr 18, 2024 04:12 am UTC| Business

United Airlines has announced it will receive compensation from Boeing for the significant financial impact caused by the grounding of its 737 MAX 9 fleet in the first quarter. This decision comes after U.S. regulators...

JPMorgan to Leverage AI Across Banking Operations, Jamie Dimon Confirms

Apr 18, 2024 03:46 am UTC| Technology Business

JPMorgan CEO Jamie Dimon has underscored the critical role of artificial intelligence in reshaping the financial industry, detailing plans to integrate AI across various banking functions. In his vision, AI will enhance...

Samsung Touts AI as Game-Changer in Outpacing Apple with Innovative Home Appliances

Apr 18, 2024 03:24 am UTC| Technology Business

At EuroCucina 2024, Samsung Electronics Co-CEO Han Jong-hee revealed the companys strategic push into AI-enhanced home appliances, aiming to surpass Apple in market innovation. Highlighting Samsungs integration of advanced...

1031 1032 1033 1034 1035 1036 1037 1038 1039 1040

Economy

BCA Research Warns U.S.-Iran Ceasefire Could Collapse, Maintains Cautious Equity Outlook

BCA Research is cautiously optimistic about the recently announced U.S.-Iran ceasefire but is warning investors that the truce remains highly unstable. The firms chief geopolitical strategist, Matt Gertken, puts the odds...

U.S. Natural Gas Market Faces Short-Term Pressure but Long-Term Demand Surge

Wall Street analysts remain divided on the U.S. natural gas outlook, citing near-term price weakness alongside robust long-term demand fundamentals driven by LNG exports and growing global power consumption. Benchmark...

Chinese Brands Are Taking Over Brazil — And It's Just Getting Started

Chinese businesses are making bold moves into Brazil, marking a significant shift in how China is expanding its global footprint. Leading the charge is Mixue, the ice cream and beverage giant that already operates more...

Bank of America Maintains Forecast for Two Fed Rate Cuts in 2026 Despite Inflation Risks

Bank of America is holding firm on its prediction that the Federal Reserve will cut interest rates twice in 2026, even as inflation concerns linger. In a note to clients, U.S. economist Aditya Bhave outlined why the bank...

Trump Claims Oil Tankers Heading to U.S. Amid Iran War and Strait of Hormuz Crisis

President Donald Trump announced Saturday that a large number of empty oil tankers are currently sailing toward the United States, intending to load American crude oil and natural gas. Trump made the claim via Truth...

Politics

U.S.-Iran Peace Talks in Islamabad Pause With Key Differences Unresolved

High-stakes diplomatic negotiations between the United States and Iran wrapped up in Islamabad, Pakistan on Sunday after roughly 14 hours of intense discussion, marking the first direct engagement between the two nations...

Islamabad at a Standstill as U.S.-Iran Peace Talks Take Center Stage

Islamabad has been transformed into a virtual ghost town as high-stakes direct negotiations between the United States and Iran got underway for the first time in years. Pakistani authorities imposed a citywide lockdown,...

Costa Rica Receives First Wave of U.S.-Deported Migrants Under New Bilateral Agreement

Costa Rica officially welcomed its first group of U.S.-deported migrants on Saturday, marking a significant milestone in a bilateral deportation agreement signed between the two nations in March. The group comprised 25...

U.S.-Iran Nuclear Talks Resume in Islamabad Amid Strait of Hormuz Standoff

High-stakes diplomatic negotiations between the United States and Iran entered their second day in Islamabad on Sunday, with both sides still far apart on key issues particularly American demands over the Strait of...

Trump Warns China Over Iran Arms as Diplomatic Talks Intensify

U.S. President Donald Trump issued a stark warning to China on Sunday, cautioning that Beijing would face serious consequences if it were to supply weapons to Iran. The statement, delivered to reporters outside the White...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

OpenAI Addresses Security Vulnerability in macOS App Certification Process

OpenAI disclosed a security concern on Friday involving a third-party developer tool known as Axios, which is connected to the process used to verify the authenticity of its macOS applications. The company confirmed it has...

San Francisco Suspect Arrested After Molotov Cocktail Attack on OpenAI CEO Sam Altman's Home

San Francisco police arrested a 20-year-old suspect Friday following a pre-dawn attack on OpenAI CEO Sam Altmans residence in the citys North Beach neighborhood. According to the San Francisco Police Department, an...

SanDisk Joins Nasdaq-100, Replacing Atlassian on April 20

Nasdaq Inc. confirmed late Friday that SanDisk Corporation will enter the Nasdaq-100 Index, taking the spot previously held by Atlassian Corp Plc when markets open on Monday, April 20, 2026. The change signals a broader...

TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has reported first-quarter revenue of T$1.134 trillion (approximately $35.71 billion USD), surpassing analyst expectations and...

Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028

Lumentum Holdings Inc (NASDAQ: LITE) is experiencing a surge in demand from the artificial intelligence sector, with its order pipeline now fully booked through 2028, according to a Bloomberg report published Thursday. The...