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

Become a contributor

Bookmark Econotimes

Economy

Sat, Jan 03, 2026 07:05 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

US firm HAAH eyes bringing SsangYong Motor SUVs, pickups to US, Canada

Jul 26, 2021 22:47 pm UTC| Economy Business

US-based vehicle importer HAAH Automotive Holdings Inc. is set to submit its letter of intent to acquire SsangYong Motor Co. by Friday, looking to bringing the carmakers SUV models and pickup trucks to the US and...

Top Notch Jerky recalls beef jerky products over undeclared allergens

Jul 26, 2021 10:25 am UTC| Business Economy

Top Notch Jerky issued a recall on its popular beef jerky products due to undeclared allergens and misbranding. According to ABC13 WBKO, the company is recalling around 107 pounds of ready-to-eat beef jerky. Top Notch...

South Korea’s instant noodle exports hit new record-high during the pandemic

Jul 26, 2021 10:10 am UTC| Business Economy

South Korea is a country where instant noodles are very much loved by its citizens. In fact, there is no home in the country that does not have even a pack of instant noodles that they called ramyeon. New record for the...

Australia's Lorna Jane activewear fined AU$5 million over false COVID-19 claims

Jul 26, 2021 09:06 am UTC| Business Economy

Lorna Jane, an Australian activewear company, was recently fined AU$5 million after claiming that its new line of active clothing can stop the spread of COVID-19. The firm said that its clothing could eliminate the virus,...

Cheerios, Harley-Davidson, Kimberly Clark, and other US companies are raising prices

Jul 26, 2021 08:41 am UTC| Business Economy

Cheerios, Harley-Davidson, Kimberly Clark, and Whirlpool are just some of the companies in the United States that are raising the prices of their products. The price increases were said to be due to higher costs of...

GM, Cruise filed a lawsuit against Ford for alleged ‘BlueCruise’ copyright infringement

Jul 26, 2021 07:13 am UTC| Business Economy

GM and its subsidiary Cruise LLC have sued Ford Motor over the use of the BlueCruise name that refers to the hands-free driving technology. The filing of the lawsuit was revealed on Saturday, July 24. Copyright...

Kia halts operations in its Sohari plant due to COVID-19 infections

Jul 26, 2021 06:38 am UTC| Business Economy

Kia Motors announced on Sunday, July 25, that it had suspended the works in one of its plants in South Korea. Starting on Monday, the companys Sohari plant will temporarily cease operations as the number of COVID-19...

1741 1742 1743 1744 1745 1746 1747 1748 1749 1750

Economy

Argentina Sells Dollars to Stabilize Peso as New FX Trading Rules Take Effect

Argentinas Treasury intervened in the foreign exchange market on Friday by selling U.S. dollars in an effort to curb the pesos decline, marking the first trading session under the countrys newly implemented currency...

U.S. Stock Market Mixed at Close as Dow Gains and Nasdaq Slips

U.S. stocks finished mixed after the close on Friday as strength in energy, industrials, and basic materials helped support blue-chip shares, while losses in consumer-focused and technology sectors weighed on broader...

Mexico Stocks End Lower as IPC Slips on Sector Losses

Mexican stocks closed lower on Friday as broad-based declines across key sectors weighed on overall market performance. The benchmark SP/BMV IPC index ended the session down 0.36%, reflecting investor caution amid losses...

China Ends Contraceptive Tax Exemption to Boost Birth Rates

China has ended a three-decade-old tax exemption on contraceptive drugs and devices, a move aimed at addressing the countrys rapidly declining birth rate. Starting January 1, condoms, contraceptive pills, and related...

Gold Prices Surge at Start of 2026 as Weak Dollar and Rate-Cut Bets Fuel Demand

Gold prices jumped sharply during Asian trading on Friday, marking a strong start to 2026 after a historic rally last year. Renewed demand for bullion was driven by a weaker U.S. dollar and growing expectations that U.S....

Politics

Short Interest Rises in Trump Media Stock After $6 Billion Merger Announcement

Short interest in U.S. President Donald Trumps social media company, Trump Media Technology Group, has surged following a major merger announcement, signaling that a growing number of traders are betting the stock could...

Trump Warns of U.S. Action as Iran Protests Intensify Amid Economic Crisis

U.S. President Donald Trump has escalated tensions with Iran after warning that the United States is prepared to support Iranian protesters if security forces continue to fire on demonstrators. The comments came as...

Trump Blocks HieFo’s Emcore Chip Assets Deal Over National Security Concerns

President Donald Trump has issued an executive order blocking HieFo Corp. from acquiring semiconductor-related assets from Emcore Corp., citing serious national security risks tied to foreign ownership and sensitive chip...

New York Mayor Zohran Mamdani Revokes Eric Adams Executive Orders Amid Political and Antisemitism Debate

New York City Mayor Zohran Mamdani on Friday defended his decision to revoke a series of executive orders issued by his predecessor, former Mayor Eric Adams, following Adams 2024 federal indictment. The move has reignited...

U.S. Appeals Court Rules California Open Carry Firearm Ban Unconstitutional

A U.S. federal appeals court has ruled that Californias long-standing ban on openly carrying firearms in most parts of the state violates the Second Amendment, marking a significant development in ongoing legal battles...

Science

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Technology

Grok AI Faces Global Scrutiny Over Safeguard Failures and Illegal Content on X

Elon Musks artificial intelligence chatbot Grok, developed by xAI and integrated into social media platform X, has come under intense international scrutiny after admitting that lapses in safeguards led to the generation...

Baidu Shares Surge as Company Plans Kunlunxin AI Chip Spin-Off and Hong Kong Listing

Baidu shares jumped sharply after the Chinese technology giant announced plans to spin off its artificial intelligence chip unit, Kunlunxin, and pursue a listing in Hong Kong. The move comes as domestic Chinese chipmakers...

Starlink Plans Satellite Orbit Reconfiguration in 2026 to Boost Space Safety

SpaceXs Starlink is preparing a major reconfiguration of its satellite constellation in an effort to improve space safety and reduce the risk of orbital collisions. According to Michael Nicolls, SpaceXs vice president of...

Samsung Signals Comeback With HBM4 Chips as AI Market Heats Up

Samsung Electronics is signaling a strong comeback in the high-bandwidth memory (HBM) market, as customers praise the competitiveness of its next-generation HBM4 chips. In a New Year address, co-CEO and head of the...

Google Accelerates AI Infrastructure With Ironwood TPU Expansion in 2026

Google (NASDAQ: GOOGL) is preparing for a major expansion of its AI infrastructure in 2026 as it moves its seventh-generation Tensor Processing Unit (TPU), known as Ironwood, into mass deployment. This next phase marks a...