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

Become a contributor

Bookmark Econotimes

Law

Thu, Sep 29, 2022 02:34 AM All times are UTC Edition :

Follow Series

©Elmin Media . All Rights Reserved.

US trade commission investigates Samsung for alleged patent violations

Sep 25, 2022 22:24 pm UTC| Law Economy Business

The US International Trade Commission (ITC) has opened an investigation into allegations by an Atlanta-based firm of patent violations over outdoor electronic displays against Samsung Electronics. Manufacturing...

Boeing to settle $200 million fine for misleading investors on 737 MAX's safety

Sep 25, 2022 22:23 pm UTC| Law Economy Business

Boeing agreed to settle the $200 million penalty slapped by the US Securities and Exchange Commission fined Boeing for misleading assurances about the safety of the 737 MAX airplane deemed to be negligent violated the...

FTC reviewing Amazon's deal to buy iRobot for $1.7 billion

Sep 22, 2022 23:57 pm UTC| Business Economy Law Technology

The Federal Trade Commission is investigating Amazons $1.7 billion acquisition of iRobot, amid growing concerns about the companys market power. According to iRobot, it and Amazon received a request for additional...

NY judge allows foie gras sales to continue while ban is challenged in court

Sep 20, 2022 22:54 pm UTC| Law Life Economy Business

The Supreme Court of New York has allowed foie gras to remain on fine dining menus and in city shops while farmers await a ruling on their challenge of New York Citys ban filed earlier this year. A judge issued a...

All Queen Elizabeth issued royal warrants to food, drink brands now invalid

Sep 13, 2022 23:44 pm UTC| Law Economy Business

Companies have two years to either get their Royal Warrants renewed by King Charles III or else stop printing the Royal Arms symbol on their products. The British Royal Warrants are official acknowledgments that a...

Ex-China Eastern flight attendants from S. Korea win unfair dismissal case

Sep 10, 2022 22:16 pm UTC| Law Economy Business

Former China Eastern Airlines flight attendants from South Korea who were laid off before their expected employment regularization have won in a first-instance court trial. The Seoul Central District Court ruled in...

Front-pack nutrition info sought in US

Sep 08, 2022 23:42 pm UTC| Law Economy Business Health

A White House summit on nutrition and health to be held later this month will consider whether to mandate that nutritional information be made available on the front panel of food and beverage packages. Public health...

1 2 3 4 5 6 7 8 9 10

Economy

Costco’s net income for the quarter was $1.868 billion,

Costco would want to forever keep the price of the hotdog and soda combo at $1.50, where it has been since 1985. On a recent call, the companys chief financial officer Richard Galanti stated the plan is to keep the...

IG will receive brand visibility at both venues of Tottenham Hotspur Stadium and Wembley in hosting games in London.

The National Football League (NFL) has tapped online trading and investments firm IG as its presenting partner for three regular-season games in London. The deal also includes the designation of IG as NFL UKs lead...

It's unclear how possible alliances for other NFT categories, like video and fantasy sports, are doing.

The Premier Leagues plans to launch non-fungible tokens (NFTs) have reportedly been derailed by the cryptocurrency crash, threatening a potential new revenue stream worth over US$427 million. Earlier this year, it was...

MonkeyLeague will release a fresh set of AC Milan-themed game materials, including characters, skins, and venues.

AC Milan has signed a new partnership deal designating the MonkeyLeague, a Web 3.0 soccer title, as their non-fungible token (NFT) gaming partner. MonkeyLeague, a platform built on the Solana blockchain, enables users...

The original Karaage-kun specialty whisky is made specifically by the Liquor Museum to pair with Lawson's flagship fried chicken.

The Liquor Museum bar will open at the Shinjuku Washington Hotel Building on October 6th offering a special whisky designed to pair with Lawson convenience stores Japanese fried chicken, Karaage-kun! The original...

Politics

Kyiv said personal sanctions are not enough to punish Russia for staging sham referendums to annex parts of Ukraine.

Ukraine has now called on the European Union to impose more economic sanctions on Russia over its move to annex portions of the country in the ongoing referendums. Kyiv added that Moscows actions on occupied territories...

The Labor Party has pledged to put up a publicly-owned energy firm if elected, to better solve rising energy bills.

The British opposition Labor Party has promised to set up a publicly-owned energy company if it wins the next election, according to party leader Keir Starmer. The move would help address the rising energy bills and it...

EU has urged the new Italian government to stick to its reform plans as the bloc's executive approved additional funding.

The European Union has called on the new government in Italy to adhere to its reform plans. This comes as the bloc has approved additional post-COVID-19 recovery funds. European Commission chief Ursula von der Leyen...

The agency has approved EV charging station plans for all 50 states, Washington DC, and Puerto Rico.

The United States Transportation Department has approved the plans for electric vehicle charging stations nationwide. All 50 states would have EV charging stations, including Washington DC and Puerto Rico. The...

Authorities searched a yacht in northern Germany as part of its probe on Russian billionaire Alisher Usmanov.

Law enforcement authorities in Germany searched the motor of a yacht as part of the probe on Russian billionaire Alisher Usmanov, officials announced this week. The search of the yacht was part of the efforts by officials...

Science

Celltrion will receive US$10 million in milestone payments after successfully passing key stages of the development and approval cycle.

South Koreas Celltrion Inc. will jointly develop and work on the market release with Abpro Corp. of the US on a breast cancer treatment candidate ABP 10 Under the deal, Celltrion will receive US$10 million in milestone...

Current Canadian and American management efforts do not go far enough to decrease entanglement hazards and encourage the recovery of the North Atlantic right whale.

The Monterey Bay Aquariums Seafood Watch program added the American red lobster, caught in both US and Canada to its red list. Other species also added to the list are the snow crab, Atlantic rock crab, and others that...

The microscope unit, which also manufactures industrial endoscopes and x-ray analyzers, will be transferred to Bain on January 4, subject to antitrust regulatory approvals in Japan and elsewhere.

Olympus had agreed to sell its microscope unit to private equity firm Bain Capital for $3.1 billion as it speeds up the overhaul of its business portfolio to focus solely on medical technology The microscope unit, which...

The research team discovered that steamed mealworms emit a strong, corn-like odor, and when grilled or fried, they gave off a shrimp and frying oil-like scent.

South Korean researchers from Wonkwang University have developed a new process that uses edible insects to create meat-flavored seasoning. The research team came up with 98 volatile compounds with varying amounts of...

The resulting thermoplastic resin could be purified through a distillation process to make food-grade potassium lactate.

Wind turbine blades could eventually be recycled into gummies according to a Michigan State University professor, This was discussed during the American Chemical Societys fall conference, which kicked off in Chicago...

Technology

The key selling point of this system is the ability to remotely manipulate digital avatars from a computer, camera, and microphone at home

Lawson plans to introduce digital avatars at register monitors that are controlled remotely by real humans at over 200 stores in the next three years. The digital avatars will start showing up at a few Lawson stores as...

New ‘Overwatch 2’ players will have to unlock original characters and game modes

New players joining Overwatch 2 next month will be introduced to the game differently. Blizzard designed the First Time User Experience (FTUE), so they could gradually become familiar with the playable characters and game...

EA’s new hunting game ‘Wild Hearts’ will reportedly launch in early 2023

EA and Koei Tecmo will release the first Wild Hearts trailer soon. But the games launch window may have been revealed already. The companies announced earlier this month that they have partnered to co-publish an all-new...

Amazon listing for Pixel 7 went live early revealing its release date and price

The closer Googles event is, the more leaks are appearing in the wild. An early listing of the Pixel 7 on Amazon was recently spotted that may have confirmed when the device will arrive in stores and how much it will...

Apple confirms downgraded version of Stage Manager for older iPad Pro models without M1 chip

Apple previously said Stage Manager on iPadOS 16 was only possible on newer iPads, specifically the models powered by the M1 chip. Now, the company shared some good news and confirmed that it found a workaround to bring...