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

Become a contributor

Bookmark Econotimes

Business

Sat, Jun 27, 2026 01:25 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Krispy Kreme, Morgan Stanley, Sherwin-Williams Appoint New CEOs to Take Helm in 2024

Jan 02, 2024 09:21 am UTC| Business

Krispy Kreme, Morgan Stanley, and Sherwin-Williams are major companies that operate in their own business categories. But in this New Year, the three are being put together as they are among the top businesses that have...

PUMA Launches Velocity NITRO 3, Revives Iconic Mostro Silhouette

Jan 02, 2024 07:47 am UTC| Business Sports

The renowned sportswear brand PUMA has unveiled its latest running shoe, the PUMA Velocity NITRO 3. Building on the success of the award-winning Velocity franchise, this third iteration is designed to enhance your running...

Starbucks Korea Celebrates the Year of the Dragon with Free 'Dragon' Drinks

Jan 02, 2024 07:30 am UTC| Business Life

Koreans couldnt resist the temptation of free dragon drinks as Starbucks celebrated the New Year by giving away these exclusive beverages to lucky customers. The first 24 individuals in line at every Starbucks branch...

KFC Expands Menu With Addition of Two Favorite Wrap Variants

Jan 02, 2024 07:07 am UTC| Business

KFC is starting the new year with an expanded menu lineup. The fried chicken restaurant chain revealed it has added two new variants of the favorite chicken wrap food item. KFC announced it had included the Honey BBQ...

Digital Currency Revolution

Orbit Chain Confirms System Breach, Issues Scam Warning

Jan 02, 2024 02:47 am UTC| Business Investing Digital Currency

Orbit Chain validated the news that its ecosystem has been hacked. The cross-chain protocol said that the breach caused millions of dollars worth of cryptocurrencies to be compromised. As per CoinTelegraph, Orbit Chain...

McDonald's Faces Backlash in Malaysia Over Lawsuit Against Pro-Palestinian Boycott Movement

Jan 02, 2024 01:45 am UTC| Business

Gerbang Alaf Restaurants, the local licensee of McDonalds in Malaysia, filed a lawsuit against the pro-Palestinian boycott, divestment, and sanction movement (BDS Malaysia), which has ignited public outcry. The legal...

New Zealand newsrooms saw the rise of 'mob censorship' in 2023, as journalists faced a barrage of abuse

Jan 01, 2024 12:10 pm UTC| Business

New Zealand consistently ranks well in global monitors of democracy, media freedom and open government. But high rates of abuse and threats directed at journalists put us at risk of mob censorship citizen vigilantism that...

1291 1292 1293 1294 1295 1296 1297 1298 1299 1300

Economy

South Korea’s KOSPI Plunges as Apple Price Hikes and OpenAI IPO Delay Shake AI Chip Stocks

South Koreas benchmark KOSPI index suffered a steep selloff on Friday as investors dumped technology and semiconductor stocks following Apples latest price increases and reports that OpenAI may delay its highly anticipated...

Asian Stocks Sink as Apple Price Hikes Spark AI Valuation Fears, South Korea and Japan Lead Selloff

Asian stock markets closed sharply lower on Friday as investors took profits from this weeks technology-driven rally after Apple Inc.s decision to raise prices on several products reignited concerns about the...

Gold Prices Fall Below $4,000 as Strong Dollar, Fed Rate Hike Bets Weigh on Bullion

Gold prices extended their decline on Friday, falling below the key $4,000-per-ounce level as a stronger U.S. dollar and growing expectations of additional Federal Reserve interest rate hikes continued to pressure the...

SpaceX Eyes Starlink Mobile Phone Service to Challenge Verizon, AT&T, and T-Mobile

SpaceX is reportedly exploring a major expansion of its Starlink business by launching a Starlink-branded mobile phone service in the United States, a move that could position Elon Musks company as a direct competitor to...

Asian Currencies Trade Mixed as Yen Hovers Near 40-Year Low, Dollar Holds Firm on Fed Outlook

Asian currencies traded within narrow ranges on Friday as the U.S. dollar paused after a strong weekly rally, while the Japanese yen remained close to a four-decade low amid lingering concerns over potential government...

Politics

Texas Approves Bible-Inclusive Reading Lists for Public Schools Starting in 2030

Texas has approved new mandatory reading lists for public school students that include passages from the Bible, marking the latest move by state leaders to incorporate conservative and religious values into public...

US Strikes Iran After Strait of Hormuz Attack as Ceasefire Tensions Escalate

The United States launched military strikes against Iran on Friday following an Iranian drone attack on a commercial cargo vessel in the Strait of Hormuz, further escalating tensions despite a ceasefire agreement reached...

NATO Strengthens Arctic Defense as Russia Expands Military Presence

As NATO ramps up efforts to reinforce its Arctic defenses, alliance members are investing in military capabilities to counter Russias growing presence in the strategically important High North. The initiative comes as...

Trump Administration Rejects Claims of Rift Between JD Vance and Marco Rubio on Iran Policy

President Donald Trumps administration is pushing back against claims of internal divisions over its Iran strategy after comments from Vice President JD Vance and Secretary of State Marco Rubio appeared to reflect...

US Approves $250 Million Fighter Jet Training Sale to Australia

The United States has approved a potential $250 million military sale to Australia, reinforcing the long-standing defense partnership between the two allies. The U.S. State Department announced on Thursday that it had...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

OpenAI IPO Delay Weighs on SoftBank Shares as AI Valuation Concerns Grow

SoftBank Group (TYO:9984) shares tumbled sharply on Friday after a report suggested that OpenAI is considering postponing its highly anticipated initial public offering (IPO), delaying what many investors had expected to...

Apple Supplier Stocks Slide as Samsung, SK Hynix Lead Selloff After Apple Price Hikes

Apples major Asian suppliers came under heavy selling pressure on Friday after the iPhone maker announced significant price increases for its MacBook and iPad lineup, fueling concerns that rising semiconductor costs are...

Samsung, SK Hynix to Unveil Record AI and Semiconductor Investment Plans Worth Over $646 Billion

South Korean technology giants Samsung Electronics and SK Hynix are preparing to unveil sweeping long-term investment strategies centered on semiconductors, artificial intelligence (AI), and next-generation technologies,...

OpenAI May Delay IPO to 2027 Amid $1 Trillion Valuation Goal

OpenAI is reportedly considering postponing its highly anticipated initial public offering (IPO) until 2027 as it pursues an ambitious $1 trillion valuation. According to a report by The New York Times, company executives...

Republican Lawmaker Introduces AI Incident Reporting Bill to Strengthen U.S. AI Safety

The United States could soon see new artificial intelligence regulations after Republican Representative Nathaniel Moran of Texas introduced the proposed AI Incident Reporting Act, a bill designed to improve transparency...