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

Become a contributor

Bookmark Econotimes

Business

Wed, Jan 15, 2025 11:54 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

EMC Insurance Group Inc. Increases and Declares Quarterly Cash Dividend, and Announces Executive Officer Appointments

Nov 06, 2017 22:31 pm UTC| Business

DES MOINES, Iowa, Nov. 06, 2017 -- EMC Insurance Group Inc. (NASDAQ:EMCI) (the “Company”) today announced that its board of directors declared a quarterly cash dividend of $0.22 per share of common stock payable...

PennantPark Investment Corporation Schedules Earnings Release of Fiscal Year 2017 Results

Nov 06, 2017 22:20 pm UTC| Business

NEW YORK, Nov. 06, 2017 -- PennantPark Investment Corporation (the "Company") (NASDAQ:PNNT) announced that it will report results for the fiscal year ended September 30, 2017 on Wednesday, November 29, 2017 after the...

PennantPark Floating Rate Capital Ltd. Schedules Earnings Release of Fiscal Year 2017 Results

Nov 06, 2017 22:20 pm UTC| Business

NEW YORK, Nov. 06, 2017 -- PennantPark Floating Rate Capital Ltd. (the "Company") (NASDAQ:PFLT) announced that it will report results for the fiscal year ended September 30, 2017 on Thursday, November 30, 2017 after the...

Northeast Bancorp Reports Revised First Quarter Results and Declares Dividend

Nov 06, 2017 22:06 pm UTC| Business

LEWISTON, Maine, Nov. 06, 2017 -- **The press release dated October 24, 2017 has been amended to reflect the adoption of ASU 2016-09, Compensation—Stock Compensation (Topic 718): Improvements to Employee Share-Based...

Exterran Corporation Announces Third Quarter 2017 Results

Nov 06, 2017 22:05 pm UTC| Business

HOUSTON, Nov. 06, 2017 -- Exterran Corporation (NYSE:EXTN) (“Exterran” or the “Company”) today announced net income from continuing operations for the third quarter of 2017 of $3.4 million, or $0.09 per share, on...

AmTrust Financial Services and Madison Dearborn Partners Enter Into Strategic Transaction for a Portion of AmTrust’s U.S. Fee Businesses with a Total Enterprise Value of $1.15 billion

Nov 06, 2017 22:01 pm UTC| Business

AmTrust to Receive Gross Cash Proceeds of Approximately $950 Million to Support Organic Growth and Value Creation Opportunities AmTrust Estimates Net Tangible Book Value(2)(3) and Net Book Value(3) to Increase by...

Primoris Services Corporation Announces 2017 Third Quarter Financial Results

Nov 06, 2017 22:00 pm UTC| Business

Board of Directors Increased Quarterly Cash Dividend to $0.06 Per Share Financial Highlights 2017 Q3 revenues of $608.3 million, a 20% increase over 2016 Q32017 Q3 gross profit of $70.4 million, a 40% increase over 2016...

10081 10082 10083 10084 10085 10086 10087 10088 10089 10090

Economy

Taiwan Gains Confidence as U.S. Excludes It from AI Export Curbs

The U.S. governments decision to exclude Taiwan from its new restrictions on artificial intelligence (AI) chip and technology exports reflects confidence in the islands regulatory controls and legal compliance, Taiwans...

UK Inflation Stabilizes: November CPI at 2.6%, Signaling Economic Recovery

In November 2024, the Consumer Price Index (CPI) for the UK was reported at 2.6% compared to the same month last year, which matched what experts had predicted. This is an increase from October 2024, when the CPI was at...

China's Tightened Export Controls Disrupt U.S. Tech Firms' Production Plans

China is intensifying scrutiny of exports by U.S. tech giants like Apple, Microsoft, and Dell, delaying their production shifts to Southeast Asia and India, according to Nikkei Asia. Since December, dual-use technology...

Trump's Economic Policies to Face New Challenges in 2025

U.S. President-elect Donald Trump is set to inherit a strong economy, but his aggressive policiestariffs, immigration restrictions, and tax cutsmight disrupt growth. With output above trend, near full employment, and...

U.S. Stock Futures Rise Amid Tariff Speculation and Key Data Focus

U.S. stock index futures gained on Monday evening as reports eased fears of disruptive trade tariffs under President-elect Donald Trump. Bloomberg reported that his team may propose a gradual tariff increase of 2%-5%...

Politics

South Korean Ex-President Yoon Arrested After Martial Law Attempt

Impeached South Korean President Yoon Suk Yeol was arrested on Wednesday following a failed attempt to impose military law in late 2024, according to local media reports. Investigators successfully executed an arrest...

Biden Moves to Normalize U.S.-Cuba Relations Amid Major Policy Shifts

The Biden administration announced plans to remove Cuba from the U.S. terrorism blacklist, signaling a major policy shift that could reshape U.S.-Cuba relations. The move reverses sanctions imposed by former President...

Iranian President Denies Plot to Kill Trump, Refutes U.S. Claims

Iranian President Masoud Pezeshkian dismissed allegations that Iran plotted to assassinate U.S. President-elect Donald Trump. In an NBC News interview, Pezeshkian stated, We have never attempted this to begin with and we...

Pete Hegseth Faces Tight Confirmation Battle for Secretary of Defense

President-elect Donald Trumps nominee for Secretary of Defense, Pete Hegseth, endured intense scrutiny during his confirmation hearing, highlighting sharp partisan divides. Hegseth, a decorated veteran and former Fox News...

SEC Accuses Elon Musk of Securities Law Violation Over Twitter Stake Delay

The U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Elon Musk, accusing him of delaying the disclosure of his substantial stake in Twitter, now known as X, in 2022. The SEC alleges Musk violated...

Science

Double Moonshot: Japan’s ispace and Firefly Launch Lunar Missions

In a significant stride for lunar exploration, Japanese company ispace and U.S.-based Firefly Aerospace launched moon landers aboard a SpaceX rocket from Florida. This rare double mission highlights the growing competition...

Bill Gates’ Shocking New Malaria Solution Unveiled as Genetically Modified Mosquitoes Turn Into Flying Vaccinators

In a groundbreaking and controversial move, researchers funded by the Bill and Melinda Gates Foundation at Leiden University Medical Center have developed a revolutionary approach to combat malaria. The team has created...

Explosive CIA Whistleblower Claims Havana Syndrome Victims Face Cancer, Dementia, and Government Betrayal

A former CIA operative has come forward with alarming allegations, claiming that victims of the mysterious Havana Syndrome are now battling devastating health issues, including cancer, dementia, and Parkinsons disease. The...

FDA Approval of Opdivo Injection Sparks Hope for Cancer Patients with Revolutionary Treatment Update

In a significant advancement for cancer care, the U.S. Food and Drug Administration (FDA) has approved an injectable version of Bristol Myers Squibbs blockbuster cancer drug Opdivo. Branded as Opdivo Qvantig, the new...

Public Health Experts Warn of ‘Quad-Demic’ as Flu, COVID, RSV, and Norovirus Threaten Winter Surge

Public health experts are raising alarms over a potential quad-demic this winter, with flu, COVID-19, respiratory syncytial virus (RSV), and norovirus all expected to surge simultaneously. This unprecedented convergence of...

Technology

TikTok Braces for Possible US Shutdown This Sunday Amid Security Concerns

TikTok, the popular short-video platform owned by ByteDance, could face a nationwide shutdown in the U.S. as early as this Sunday, according to The Information. The move follows increased scrutiny from lawmakers and...

What si RedNote? The Chinese App Gaining Global Attention Amid TikTok Uncertainty

RedNote, known as Xiaohongshu in China, has gained massive attention as over half a million TikTok users flock to the platform amid concerns over a U.S. ban on TikTok. This lifestyle app allows users to share experiences,...

Trade Groups Push Back on Biden's New Chip Export Rules

A coalition of semiconductor and manufacturing trade groups has expressed concerns to U.S. President Joe Biden over recently announced export controls on advanced computing chips. The Semiconductor Industry Association...

Global Smartphone Market Sees Shifts as Chinese Brands Gain Ground

Smartphone shipments for Apple (NASDAQ:AAPL) and Samsung (KS:005930) declined in Q4 as competition from Chinese companies like Xiaomi (OTC:XIACF) intensified, according to preliminary data from IDC. Despite a rebound in...

Blue Origin's New Glenn Rocket Launch Delayed to Thursday

Blue Origin, Jeff Bezos rocket company, has rescheduled the inaugural launch of its New Glenn rocket to Thursday, Jan. 16. Originally set for Tuesday, the launch was delayed after a technical issue arose on Monday. The...