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

Become a contributor

Bookmark Econotimes

Business

Wed, Apr 08, 2026 04:17 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

California BanCorp Profits Increased 73% to $1.9 Million, or $0.31 per Share in 2Q17 YOY; Robust Loan Growth, Strong Asset Quality and Healthy Margin Fuel Profitability

Jul 27, 2017 22:43 pm UTC| Business

OAKLAND, Calif., July 27, 2017 -- California BanCorp (OTCQX: CALB, formerly CABC), the holding company for California Bank of Commerce, a San Francisco Bay Area business bank, today reported continued strong profits...

Heritage Commerce Corp Declares Quarterly Cash Dividend of $0.10 Per Share

Jul 27, 2017 22:22 pm UTC| Business

SAN JOSE, Calif., July 27, 2017 -- Heritage Commerce Corp (Nasdaq:HTBK), today announced that its Board of Directors declared a quarterly cash dividend of $0.10 per share to holders of common stock. The dividend will...

Heritage Commerce Corp Reports Record Earnings of $7.4 Million for the Second Quarter 2017

Jul 27, 2017 22:21 pm UTC| Business

SAN JOSE, Calif., July 27, 2017 -- Heritage Commerce Corp (Nasdaq:HTBK), the holding company (the “Company”) for Heritage Bank of Commerce (the “Bank”), today reported net income increased 2% to $7.4 million, or $0.19...

TRANSWESTERN INVESTMENT GROUP, MIRAE ASSET GLOBAL INVESTMENTS CLOSE SALE-LEASEBACK IN ATLANTA FOR STATE FARM

Jul 27, 2017 22:20 pm UTC| Business

ATLANTA, July 27, 2017 -- Transwestern Investment Group (TIG®) and Mirae Asset Global Investments Co. today announce Corporate Properties Trust II LP, a partnership between Mirae and Transwestern Corporate Properties I...

Meta Financial Group, Inc.® Announces Non-Renewal of H&R Block Agreement for 2018

Jul 27, 2017 22:15 pm UTC| Business

SIOUX FALLS, S.D., July 27, 2017 -- Meta Financial Group, Inc.® (NASDAQ:CASH) (“Meta” or the “Company”) and MetaBank® were advised this afternoon they will not be providing interest-free Refund Advance loans for HR...

Maverick PAC to Announce the Class of 2017 “Future 40” Honorees

Jul 27, 2017 22:05 pm UTC| Business

Washington, D.C., July 27, 2017 -- Maverick PAC announces honorees of the 2017 “Future 40” class. The Future 40 award recognizes young professionals from across the country who best represent the next generation of...

SMTC Corporation Invites You to Join Its 2017 Second Quarter Earnings Call

Jul 27, 2017 22:00 pm UTC| Business

TORONTO, July 27, 2017 -- SMTC Corporation (Nasdaq:SMTX), a recognized global electronics manufacturing services provider, invites you to join its 2017 second quarter earnings call Thursday, August 3, 2017 at 8:00 a.m....

13711 13712 13713 13714 13715 13716 13717 13718 13719 13720

Economy

Asian Currencies Rally as Dollar Weakens, Trump-Iran Ceasefire Boosts Risk Sentiment

Most Asian currencies gained ground on Wednesday as the US dollar retreated to a four-week low amid improving global risk appetite, fueled largely by a surprise ceasefire agreement between US President Donald Trump and...

Italy's Service Sector Contracts for First Time in 16 Months Amid Rising Costs and Weakening Demand

Italys services industry slipped into contraction territory in March 2026 for the first time in over a year, as escalating costs tied to Middle East tensions and softening demand weighed heavily on business activity. The...

Sterling Slides as Dollar Holds Firm Amid U.S.-Iran Tensions

The British pound came under pressure Tuesday, trading near $1.3234 against the U.S. dollar as geopolitical uncertainty and strong American economic data kept the greenback well-supported. Cable dipped to an intraday low...

Goldman Sachs Cuts 2026 Copper Price Forecast Amid Global Growth Concerns

Goldman Sachs has revised its 2026 copper price outlook downward, now projecting an average of $12,650 per tonne compared to its earlier estimate of $12,850. The adjustment reflects softer global demand expectations tied...

European Stocks Hold Steady as Iran Ceasefire Deadline Looms

European stock markets showed little movement on Tuesday following a long holiday weekend, as investors remained cautious amid escalating tensions in the Middle East. The pan-European Stoxx 600 edged up 0.1%, Germanys DAX...

Politics

Russia Secretly Aids Iran With Satellite Intelligence and Cyber Support Across the Middle East

A Ukrainian intelligence assessment has revealed that Russian satellites conducted at least 24 detailed reconnaissance missions over 11 Middle Eastern countries between March 21 and 31, surveying 46 strategic locations to...

Trump May Delay Iran Military Strike If Diplomatic Deal Shows Promise

President Donald Trump is reportedly open to postponing planned military action against Iran should credible signs of a diplomatic breakthrough emerge, according to multiple media outlets citing an Axios report. U.S....

Iran-Israel War Escalates as Trump's Ceasefire Deadline Looms

Tensions in the Middle East reached a critical flashpoint as Iran and Israel continued exchanging strikes, with Tehran firmly rejecting a U.S.-brokered ceasefire proposal just hours before a deadline issued by President...

Vance Visits Hungary to Back Orban Ahead of Pivotal 2025 Elections

U.S. Vice President JD Vance is traveling to Hungary this week in a show of political solidarity with Prime Minister Viktor Orban, who faces his most difficult re-election battle since coming to power in 2010. The two-day...

China's Push to Steal Taiwan's Chip Technology and Talent Raises Security Alarms

Taiwans National Security Bureau has raised serious concerns about Beijings escalating efforts to infiltrate the islands world-class semiconductor industry. According to a report submitted to Taiwanese lawmakers, China is...

Science

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

Technology

Samsung Electronics Posts Eightfold Profit Surge Driven by AI Chip Demand

Samsung Electronics delivered a stunning financial turnaround in the first quarter of 2025, projecting operating profit of approximately 57.2 trillion won (roughly $38 billion) a more than eightfold increase compared to...

Apple's Foldable iPhone Faces Engineering Setbacks, Mass Production Timeline at Risk

Apples highly anticipated foldable iPhone is running into significant engineering hurdles during its test phase, raising concerns about potential delays in both mass production and product shipments, according to a report...

Britain Courts Anthropic Amid US Defense Department Dispute

The United Kingdom is actively working to attract Anthropic, the company behind the popular Claude AI app, to expand its footprint in the country. This diplomatic push comes as Anthropic finds itself in the middle of a...

OpenAI Executive Shake-Up Ahead of Anticipated 2026 IPO

OpenAI is navigating a significant leadership restructuring at one of the most pivotal moments in its history. The AI powerhouse confirmed that Chief Operating Officer Brad Lightcap is transitioning into a newly created...

Elon Musk Ties SpaceX IPO Access to Mandatory Grok AI Subscriptions

Elon Musk is reportedly making Grok subscriptions a prerequisite for banks and advisers involved in SpaceXs highly anticipated initial public offering. According to the New York Times, citing insiders familiar with the...