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

Become a contributor

Bookmark Econotimes

Business

Mon, Apr 13, 2026 03:37 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

McDonald's Set to Release Earnings Amid Speculation on Extending $5 Value Meal Promotion

Jul 27, 2024 21:14 pm UTC| Business

McDonalds will release its earnings on July 29, amid speculation about extending the $5 value meal promotion into August. Analysts anticipate a slight revenue increase but a decrease in net income compared to last...

Ford Targets Rivian and Tesla with New Low-Cost EV Platform, Predicts Shift Toward China

Jul 27, 2024 20:56 pm UTC| Technology Business

Fords innovative low-cost electric vehicle platform sets its sights on challenging Tesla and Rivian, with predictions of a strategic shift towards Chinese manufacturing practices. Skunkworks Teams New Platform The...

Elon Musk’s X Sparks Outrage with Secret Use of User Data for Grok AI Training, Privacy Watchdog 'Shocked'

Jul 27, 2024 19:41 pm UTC| Technology Business

X, formerly Twitter, secretly added user data to its AI training pool for Grok, shocking the Irish Data Protection Commission (DPC). Privacy Watchdog Reaction Users of the network noticed on Friday that X, formerly...

McDonald’s Japan Introduces Limited-Time Cheese Bacon Potato Pie for Summer

Jul 27, 2024 07:57 am UTC| Business

McDonalds Japan is adding a new twist to its famous Bacon Potato Pie by introducing the Cheese Bacon Potato Pie. This limited-time offering, available from July 31 to the end of August, includes cheddar and gouda for a...

This Fast-Food Burger Tops America’s List, and It’s Not In-N-Out

Jul 27, 2024 07:54 am UTC| Business

The hamburger, an American staple for a century, continues to dominate the fast-food scene. According to USA Todays list, The Habit Burger Grills Double Char is the top fast-food burger, celebrated for its char-grilled...

Coca-Cola Exceeds Earnings Estimates, Raises Full-Year Outlook Amid Rising Global Demand

Jul 27, 2024 07:51 am UTC| Business

On July 23, Coca-Cola raised its full-year outlook as global drink demand rose in the second quarter. The company now expects organic revenue growth of 9% to 10% for 2024, up from its previous forecast of 8% to...

Elon Musk’s Political Stance Risks Alienating Key EV Buyers Amidst Tesla's Mixed Results

Jul 27, 2024 07:47 am UTC| Business Technology Politics

Tesla CEO Elon Musks political statements, including support for Trump, risk alienating environmentally conscious EV buyers. During a recent earnings call, Musk discussed the potential impacts of Trumps policies and...

901 902 903 904 905 906 907 908 909 910

Economy

U.S. Blockades Strait of Hormuz as Oil Prices Surge Past $100

Oil prices climbed sharply in early Asian trading on Monday, with Brent crude jumping 8% to $102.93 per barrel after President Donald Trump announced that the U.S. Navy would begin blockading the Strait of Hormuz. The move...

U.S. Futures Plunge as Iran Ceasefire Talks Collapse and Hormuz Blockade Looms

U.S. stock index futures dropped sharply Sunday evening after ceasefire negotiations between Washington and Tehran broke down, raising fears of prolonged conflict and further disruptions to global energy markets. The...

Spain's Sanchez Visits China to Deepen Trade Ties Amid U.S. Tensions

Spanish Prime Minister Pedro Sanchez arrived in China on Monday for his fourth visit in four years, reinforcing Spains commitment to an independent foreign policy that has increasingly put him at odds with U.S. President...

BCA Research Warns U.S.-Iran Ceasefire Could Collapse, Maintains Cautious Equity Outlook

BCA Research is cautiously optimistic about the recently announced U.S.-Iran ceasefire but is warning investors that the truce remains highly unstable. The firms chief geopolitical strategist, Matt Gertken, puts the odds...

U.S. Natural Gas Market Faces Short-Term Pressure but Long-Term Demand Surge

Wall Street analysts remain divided on the U.S. natural gas outlook, citing near-term price weakness alongside robust long-term demand fundamentals driven by LNG exports and growing global power consumption. Benchmark...

Politics

Peru Presidential Election 2025: Lopez Aliaga Leads Early Results

Early official vote counts from Perus presidential election reveal that right-leaning candidate Rafael Lopez Aliaga is currently ahead of the competition, securing 23.4% of the vote. With only 5% of ballots tallied so far,...

Trump Dismisses Iran Talks, Orders Strait of Hormuz Blockade

President Donald Trump signaled indifference toward renewed diplomacy with Iran on Sunday, telling reporters at Joint Base Andrews, I dont care if they come back or not, if they dont come back, were fine. His remarks...

Swalwell Drops California Governor Bid Amid Sexual Assault Allegations

California Democratic Congressman Eric Swalwell has suspended his gubernatorial campaign following sexual assault allegations and mounting pressure from fellow lawmakers and former staff members to resign from Congress...

U.S. Blockade of Strait of Hormuz Sends Oil Tankers Into Retreat

Oil tankers are diverting away from the Strait of Hormuz as the United States prepares to enforce a naval blockade beginning Monday morning, following the collapse of weekend peace negotiations between Washington and...

Trump Blasts Pope Leo as "Weak" Amid Foreign Policy and Immigration Disputes

United States President Donald Trump launched a sharp public attack against Pope Leo on Sunday evening, branding the Catholic Churchs leader as weak on crime and terrible when it comes to foreign policy. The outburst came...

Science

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...

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...

Technology

OpenAI Addresses Security Vulnerability in macOS App Certification Process

OpenAI disclosed a security concern on Friday involving a third-party developer tool known as Axios, which is connected to the process used to verify the authenticity of its macOS applications. The company confirmed it has...

San Francisco Suspect Arrested After Molotov Cocktail Attack on OpenAI CEO Sam Altman's Home

San Francisco police arrested a 20-year-old suspect Friday following a pre-dawn attack on OpenAI CEO Sam Altmans residence in the citys North Beach neighborhood. According to the San Francisco Police Department, an...

SanDisk Joins Nasdaq-100, Replacing Atlassian on April 20

Nasdaq Inc. confirmed late Friday that SanDisk Corporation will enter the Nasdaq-100 Index, taking the spot previously held by Atlassian Corp Plc when markets open on Monday, April 20, 2026. The change signals a broader...

TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has reported first-quarter revenue of T$1.134 trillion (approximately $35.71 billion USD), surpassing analyst expectations and...

Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028

Lumentum Holdings Inc (NASDAQ: LITE) is experiencing a surge in demand from the artificial intelligence sector, with its order pipeline now fully booked through 2028, according to a Bloomberg report published Thursday. The...