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

Become a contributor

Bookmark Econotimes

Business

Wed, Jan 29, 2025 12:14 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Nike Self-Lacing Shoes Available Via Auction In 2016

Oct 28, 2015 09:08 am UTC| Business

Nike announced limited edition Back to the Future shoes, Nike Mag, last week in an online post. The feature that makes the sneakers sospecialis power laces an individually responsive system that senses the wearers motion...

Israeli CyberSecurity Firm Raises USD22 Million To Provide Novel Approach in Data Protection

Oct 28, 2015 02:54 am UTC| Business

Today, cybersecurity firm Illusive Networks announced a significant USD22 million Series B round. Bizjournals said that the Israeli firm raised the amount just four months shy of its Series A, which picked up USD5 million...

Curacity Picks Up USD1.4 Million in Seed Round for Travel Booking Portal

Oct 28, 2015 02:53 am UTC| Business

A new startup is aiming to provide a booking portal for travel sites that want to skip costs on building their own. Curacity, which is founded by EveryDay Health cofounder Michael Keriakos, has raised USD1.4 Million in its...

KFC, Pizza Hut Owner Yum Foods To Spin China Business Unit

Oct 28, 2015 02:53 am UTC| Business

On Tuesday, Yum Foods announced that it would be spinning off its China food business as a separate franchise by the end of next year. Nations Restaurant News said the spin-off would entail separating the operations of the...

United Technologies Announces USD12 Billion Buyback Plan

Oct 28, 2015 02:53 am UTC| Business

On Tuesday, United Technologies Corp (UTC) Chief Executive announced the companys USD16 billion share buyback plan, Bloomberg reported. The buyback plan seems to have replaced the companys initial plans to make large...

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...

24941 24942 24943 24944 24945 24946 24947

Economy

Trump's Tariff Tactics: A Bold Move to Boost American Prosperity

Announcement of Proposed Tariffs On January 28, 2025, President Donald Trump declared a list of proposed tariffs on countries he claims are harming U.S. economic interests, including China, India, and Brazil. He said...

Trump and Modi Discuss Trade, Security, and Immigration in Call

U.S. President Donald Trump emphasized strengthening trade and security ties with India in a call with Prime Minister Narendra Modi. Trump urged India to increase its procurement of American-made security equipment and...

Scott Bessent Pushes Universal Tariff Plan as U.S. Treasury Secretary

Newly confirmed U.S. Treasury Secretary Scott Bessent is advocating a plan to impose universal tariffs on imports, according to the Financial Times. The proposal suggests starting tariffs at 2.5%, increasing by 2.5% each...

Japan's Service-Sector Inflation Rises to 2.9% in December, Boosting Rate Hike Expectations

Japans service-sector inflation reached 2.9% year-on-year in December, driven by rising costs in accommodation and transportation, according to Bank of Japan (BOJ) data. While slightly lower than Novembers 3.0%, the steady...

Lead vs. Zinc: Divergent Market Trends Amid Supply Shifts

Lead and zinc, often mined together, have seen contrasting market movements recently. Zinc prices soared to a 20-month high of $3,284 per metric ton in October 2024, driven by tight raw material supplies. Meanwhile, lead...

Politics

Denmark Boosts Arctic Military Amid U.S. Interest in Greenland

Denmark announced a $2.05 billion investment to enhance its Arctic military presence, following U.S. President Donald Trumps renewed interest in controlling Greenland, a semi-autonomous Danish territory. Trump recently...

Trump's Key Cabinet Picks and Their Agendas

President Donald Trumps recent cabinet selections signal a clear direction for his administration, with a focus on reshaping U.S. policies on defense, justice, and energy. Pete Hegseth, the new defense secretary, is...

Elon Musk Criticized by French PM as Threat to Democracies

Elon Musk, billionaire CEO of Tesla and owner of social media network X, has come under fire from French Prime Minister Francois Bayrou, who views him as a threat to democratic values. In a recent television interview,...

Marco Rubio, King Abdullah Discuss Gaza Crisis Amid Controversial Trump Remarks

U.S. Secretary of State Marco Rubio spoke with Jordans King Abdullah on Monday, focusing on Gazas fragile ceasefire, hostages, and regional stability. This discussion followed President Donald Trumps suggestion that Jordan...

U.S. Eyes China's Influence in Panama Canal Amid Strategic Concerns

The Federal Maritime Commission (FMC) Chair Louis E. Sola will address the U.S. Senate Commerce Committee, raising concerns about Chinas growing presence in Panama and its influence on the Panama Canal. Solas written...

Science

Most of us trust scientists, shows a survey of nearly 72,000 people worldwide

Public trust in scientists is vital. It can help us with personal decisions on matters like health and provide evidence-based policymaking to assist governments with crises such as the COVID pandemic or climate change. In...

Astronauts on NASA’s Artemis mission to the Moon will need better boots − here’s why

The U.S.s return to the Moon with NASAs Artemis program will not be a mere stroll in the park. Instead it will be a perilous journey to a lunar location representing one of the most extreme environments in the solar...

Why Africa’s young scientists should help check the quality of climate change research

Scientific research is essential for addressing the climate crisis. The Intergovernmental Panel on Climate Change (IPCC), a United Nations body, assesses the science on climate change through its regular assessment...

Despite fears of falling trust in expert knowledge, a global survey shows New Zealanders value science highly

Five years since the start of the COVID pandemic, it can feel as if trust in the knowledge of experts and scientific evidence is in crisis. But according to our new findings in a global survey of more than 70,000 people...

White House Office of Science and Technology Policy provides in-house science advice for the president

Presidents need science advice. From climate change and pandemics to the governance of AI and the countrys nuclear arsenal, science sits at the center of a range of foreign and domestic policy challenges that reach the...

Technology

OpenAI Fights Indian Court Case Over Copyright Claims

OpenAI is seeking to dismiss a legal plea in India accusing its ChatGPT service of copyright violations, arguing it only uses publicly available information. The case, initiated last year by Indian news agency ANI, will be...

Nvidia Chips Drive Chinese AI Growth Despite Export Controls

Nvidia (NASDAQ:NVDA) highlighted the rising demand for its chips in China after DeepSeek, a leading Chinese AI firm, showcased its advancements using Nvidias H800 GPUs. The statement followed Nvidias shares dropping 17% to...

Global Tech Stocks Tumble Amid DeepSeek AI Disruption

Investors offloaded tech stocks globally on Monday, wiping $592.7 billion from Nvidias (NASDAQ:NVDA) market value as concerns grew over DeepSeek, a Chinese AI model threatening industry leaders. DeepSeeks free AI...

Global EV Sales to Surge 17% in 2025 Amid Subsidy Extensions and Emission Targets

Global electric vehicle (EV) sales are expected to grow by over 17% in 2025, surpassing 20 million units, driven by Chinas extension of auto trade-in subsidies and new CO2 emission targets in Europe, according to Rho...

Trump Calls Chinese AI Model DeepSeek a ‘Wake-Up Call’ for U.S. Tech

U.S. President Donald Trump highlighted the potential impact of Chinas newly launched AI model, DeepSeek, calling it a wake-up call for Silicon Valley during an address to Republican lawmakers in Miami. DeepSeek, released...