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

Become a contributor

Bookmark Econotimes

Business

Wed, Jan 15, 2025 05:24 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

TeamHealth Rejects USD5.3 Billion AmSurg Merger Proposal

Oct 28, 2015 02:52 am UTC| Business

TeamHealth has shut down a private merger offer from AmSurg Corp. TeamHealth is a hospital staffing company while AmSurg aids in running clinics and surgery centers, Bloomberg said. This was announced shortly after the...

Wal-mart Seeks FAA Approval To Test Drones For Home Delivery

Oct 27, 2015 08:25 am UTC| Business

More and more companies seem to be embracing the drone technology. Amazon, the retail giant, is developing drones for making package deliveries. Google is also making decent progress in its Project Wing, the home delivery...

General Motors, UAW Reach Temporary Labor Agreement

Oct 26, 2015 16:16 pm UTC| Business

Automative industry leader General Motors managed to avert a labor strike from the labor union when it reached a tentative agreement with the negotiators of the United Auto Workers. The UAW confirmed the news late last...

NYSE Owner ICE Acquires IDC In USD5.2 Billion Deal

Oct 26, 2015 15:47 pm UTC| Business

Today, IntercontinentalExchange Group announced that it has entered into a definitive agreement to acquire financial data company Interactive Data Corporation from private equity owners Silver Lake, the global leader in...

Oprah Winfrey Says Weight Watchers Purchase Was Due To Diet Success

Oct 24, 2015 07:16 am UTC| Business

On Ellen, media mogul Oprah Winfrey shared that the very reason she invested in Weight Watches was because her weight loss program with the company was successful. This week, Winfrey bought a 10 percent stake in...

Pandora Sees Share Price Slump Over Apple, Music Competition

Oct 24, 2015 05:46 am UTC| Business

Online radio service Pandora saw its value decline 36 percent on Friday after it released its third quarter results. TechCrunch said the company posted an USD86 million loss. Although it had met market estimates, the...

Microsoft, Amazon Lead Tech Rally In Wall Street, Pushes S&P 500, Dow Jones Up

Oct 24, 2015 02:55 am UTC| Business

Wall Street saw a rally of tech stocks before the weekend, thanks to the positive earnings reports major tech companies revealed. Reuters said the earnings reports had surpassed analysts expectations, which resulted to SP...

24911 24912 24913 24914 24915 24916

Economy

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%...

UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data

UBS strategists foresee the Federal Reserve implementing an additional 50 basis points (bps) rate cut later this year, despite persistent inflationary pressures. Last week, US stocks dipped as a robust December jobs report...

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

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...

Philippines' 'Missile Acquisition' Plan Provokes China's 'Arms Race' Warning

The Philippines has announced plans to acquire the U.S.-developed Typhon missile system to bolster its maritime defense capabilities. This decision has elicited strong reactions from China, which warns that such a move...

Technology

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...

NVIDIA to Establish Asian Headquarters in Taiwan

NVIDIA Corporation will set up its Asian headquarters in Taipei, Taiwan, according to the Central News Agency (CNA). The tech giant plans to hire over 2,500 employees as part of the expansion, as confirmed by National...

NVIDIA to Establish Asian HQ and R&D Center in Taiwan

NVIDIA Corporation (NASDAQ:NVDA) is planning to set up its Asian headquarters in Taipei, Taiwan, according to the Central News Agency. The tech giant will reportedly hire over 2,500 staff as part of the move, as stated by...