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

Become a contributor

Bookmark Econotimes

Business

Mon, Aug 10, 2026 04:28 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Raf Simons To Leave Luxury Goods Group’s Christian Dior

Oct 22, 2015 17:58 pm UTC| Business

This Wednesday morning, fans of luxury fashion brand Christian Dior and the rest of the world have been notified of Creative Director Raf Simons departure. The designer, according to his statement, cites personal reasons...

Nasdaq OKs SecondMarket Acquisition, Aims To Be A Pre-IPO Startup Stock Market

Oct 22, 2015 17:45 pm UTC| Business

On Thursday, New York-based Nasdaq announced that it has bought SecondMarket Solutions Inc, a company that facilitates liquidity for startups. The acquisition was done through the companys subsidiary, the Nasdaq Private...

McDonald’s Beats Analysts’ Estimates In Third Quarter Results

Oct 22, 2015 15:26 pm UTC| Business

McDonalds CEO Steve Easterbrook is surely beloved by the restaurant chains investors now. Reuters reports that the company has posted significant increase in its net income by USD1.3 billion or USD1.40 per share in the...

Tesla Owners Ignore CEO Musk’s Advice On Autopilot

Oct 22, 2015 11:57 am UTC| Technology Business

When Tesla rolled out its new software last week that enables autopilot feature, it urged drivers to exercisecautionwith the self-driving features and clearly described it as beta version. Despite the warnings, excited...

Electric Vehicle Series

General Motors Announces Alliance With LG, To Challenge Tesla Motors

Oct 21, 2015 19:01 pm UTC| Business

Is there a new player in the electric automobile industry? It appears so, if we based it on General Motors announcement of its strategic alliance with Korean company LG on Tuesday. According to ValueWalk, the veteran...

Hormel Foods Elects New COO

Oct 21, 2015 18:33 pm UTC| Business

On Wednesday, Hormel Foods Corporation named James P. Snee as the companys newest president and chief operating officer (COO), according to a report from BusinessWire. His appointment will take effect on October 26, 2015....

Ferrari Shares Climb 17 Percent In First Day Trading

Oct 21, 2015 17:45 pm UTC| Business

Fiat Chrysler Automobiles NV must be so proud of itself after seeing shares of its iconic brand, Ferrari NV, soar past expectations in its first day of training today. Bloomberg said that Ferrari climbed as high as 17...

25581 25582 25583 25584 25585 25586 25587 25588 25589 25590

Economy

US Stock Futures Flat as Iran Strait of Hormuz Demands Fuel Oil Concerns

U.S. stock futures were largely flat Sunday night as investors assessed renewed geopolitical risks surrounding the Strait of Hormuz, with Iran setting conditions for fully reopening the critical oil shipping route. SP 500...

Oil Prices Rise as Hormuz Reopening Remains Uncertain

Oil prices climbed on Monday as uncertainty over the reopening of the Strait of Hormuz kept supply concerns elevated, despite signs that Iran and Oman are nearing an agreement on new shipping lanes. Brent crude futures...

BOJ Signals Faster Rate Hikes as Inflation Risks Raise September Move Odds

Bank of Japan policymakers are increasingly concerned about inflation pressures, with several officials suggesting that interest rate hikes may need to come faster than financial markets currently expect, according to a...

US Yen Intervention Unlikely to Deliver Lasting Recovery, Yardeni Says

U.S. efforts to strengthen the Japanese yen may offer only temporary relief as Japans fiscal policies, wide interest-rate gap with the United States, and preference for a weaker currency continue to pressure the yen,...

Iran-Oman Near Strait of Hormuz Deal as Shipping Tensions Persist

Iran and Oman are nearing an agreement on shipping through the Strait of Hormuz, but Tehran says a bilateral deal alone will not be enough to fully reopen the critical global energy route. Iranian Foreign Minister Abbas...

Politics

Houthi Attack on Yemen’s Mocha Port Kills Seven, Injures 30

Seven people were killed and 30 others wounded after Houthi forces launched a large-scale drone and missile attack on Yemens Red Sea port city of Mocha, according to the Yemeni military. In a statement issued early Monday,...

Germany Warns of Daily Hybrid Warfare Threats

Germany is facing foreign hybrid warfare operations on a daily basis, Interior Minister Alexander Dobrindt has warned after authorities discovered an explosive-carrying drone at Leipzig/Halle Airport. Dobrindt said hostile...

ICE to Complete Nationwide Body Camera Rollout by End of August

U.S. Immigration and Customs Enforcement (ICE) will equip all officers and agents working in the field with body-worn cameras by the end of August, accelerating a nationwide rollout that was initially expected to take...

Joe Biden’s Prostate Cancer Has Spread Further, Hunter Biden Says

Former U.S. President Joe Bidens prostate cancer has spread beyond his bones and is causing significant pain, according to his son, Hunter Biden, who discussed his fathers health in a BBC interview. Speaking to the BBCs...

Senate Majority Leader John Thune Moves to Advance Crypto Clarity Act

U.S. Senate Majority Leader John Thune has taken a key step toward advancing the Clarity Act, a major cryptocurrency regulation bill that could establish the first comprehensive federal framework for the U.S. crypto...

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

Nvidia Seen Beating Q2 Targets as Vera Rubin Cycle Begins

Nvidia (NVDA) could enter a multi-quarter growth cycle as shipments of its next-generation Vera Rubin AI chips begin, with BofA Global Research forecasting stronger-than-expected quarterly results and maintaining a bullish...

OpenAI Restricts Astra AI Over Cyberattack Risks

OpenAI has reportedly restricted parts of the development of its next-generation AI model, code-named Astra, after early evaluations indicated the system could potentially carry out sophisticated cyberattacks with limited...

Nvidia to Invest Up to $3 Billion in Blackstone-Backed Lancium

Nvidia is reportedly preparing to invest as much as $3 billion in Lancium, a Blackstone-backed power infrastructure developer involved in the Stargate artificial intelligence infrastructure initiative, as demand for...

Meta Ordered to Pay $567M Over Child Safety Violations in New Mexico

Meta Platforms Inc. has been ordered to pay $567 million into a fund designed to address harm to young people, in a major legal ruling involving child safety on Facebook and Instagram. Judge Bryan Biedscheid of New Mexicos...

Nintendo Shares Jump as Switch 2 Sales Boost Earnings

Nintendo shares surged nearly 5% on Friday after the Japanese gaming giant reported stronger-than-expected first-quarter earnings and upgraded its full-year financial outlook, supported by robust demand for the new Switch...