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

Become a contributor

Bookmark Econotimes

Law

Sun, Mar 29, 2026 11:16 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Tesla Sets 3% Shareholding Threshold for Shareholder Lawsuits

May 17, 2025 03:42 am UTC| Business Law

Tesla (NASDAQ: TSLA) has amended its bylaws to block shareholders owning less than 3% of the companys stock from filing derivative lawsuits against its directors or officers. The update, disclosed in a recent SEC filing,...

DOJ Drops Chronically Delayed Flight Lawsuit Against Southwest Airlines

May 17, 2025 03:39 am UTC| Business Law

The U.S. Department of Justice has dropped a lawsuit against Southwest Airlines (NYSE:LUV) that accused the carrier of operating chronically delayed flights, marking a shift from actions taken earlier by the Biden...

Fortnite Blocked on iPhones Amid Ongoing Epic Games and Apple Dispute

May 17, 2025 03:34 am UTC| Technology Business Law

Fortnite, the globally popular video game by Epic Games, is currently unavailable on Apples iPhone devices across the U.S. and European Union. Epic confirmed that the game cannot be accessed via Apples iOS or App Store...

Bayer May Seek Monsanto Bankruptcy Amid Ongoing Roundup Lawsuits

May 16, 2025 02:43 am UTC| Business Law

Bayer is reportedly exploring a plan to settle thousands of lawsuits related to its Roundup weedkiller and may consider placing its Monsanto unit into bankruptcy if talks fail, according to the Wall Street Journal. The...

Meta Seeks Dismissal of FTC Antitrust Case Over Instagram and WhatsApp Acquisitions

May 16, 2025 02:40 am UTC| Business Law

Meta Platforms (NASDAQ:META), the parent company of Facebook, has urged a U.S. federal judge to dismiss the Federal Trade Commissions antitrust lawsuit accusing it of maintaining an illegal monopoly through its...

Boeing Faces DOJ Meeting Over 737 MAX Crashes Ahead of June Trial

May 15, 2025 05:02 am UTC| Business Law

The U.S. Department of Justice will meet virtually with families of victims from two Boeing 737 MAX crashes on Friday, ahead of a high-profile trial set for June 23. The crashes in 2018 and 2019 killed 346 people and led...

Elon Musk PAC Sued for Failing to Pay Voters Promised Election Incentives

May 15, 2025 03:52 am UTC| Law Politics

Elon Musks political action committee, America PAC, is facing a proposed federal class action lawsuit for allegedly failing to compensate voters in key swing states during the 2024 U.S. presidential election. The lawsuit,...

71 72 73 74 75 76 77 78 79 80

Economy

WTO Digital Trade Talks Stall as E-Commerce Tariff Deadline Looms

Trade ministers convening in Cameroon for the World Trade Organization ministerial summit are entering a critical final stretch with no agreement in sight on one of global commerces most consequential digital policy...

Australia's Energy Crisis: Free Public Transport as Fuel Shortages Bite

Victoria and Tasmania have rolled out emergency public transport fare waivers as surging fuel costs put pressure on Australian households. The relief measures come amid a month of escalating supply risks linked to Middle...

Russell 1000 Companies Hit $2.2T Cash Record While Aggressively Reinvesting in Growth

Large-cap U.S. corporations are sitting on record cash reserves while simultaneously pouring money back into their businesses at an unprecedented pace. According to Morgan Stanleys latest benchmark report on Q4 2025 data,...

U.S. Jobs Market Eyes March Recovery Amid Inflation Pressures

Economists are forecasting a modest rebound in U.S. employment for March, with nonfarm payrolls projected to climb by 60,000 a significant turnaround after a 92,000 decline in February, one of the steepest monthly drops...

EU and CPTPP Nations Push for Landmark Digital Trade Agreement

The European Union and member nations of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) have officially agreed to pursue a groundbreaking digital trade deal, marking a potentially...

Politics

Iran-U.S. Military Tensions Escalate: Markets, Universities, and the Strait of Hormuz at Risk

Geopolitical tensions in the Middle East have intensified dramatically as Irans Islamic Revolutionary Guard Corps (IRGC) issued a stark warning targeting U.S.-affiliated universities across neighboring countries. The IRGC...

Pakistan's Diplomatic Pivot: Brokering Peace Between the U.S. and Iran

Pakistan has undergone a remarkable foreign policy transformation, shifting from regional isolation to becoming one of the most consequential diplomatic players in the Middle East. Under the joint leadership of Prime...

Corey Lewandowski Exits DHS as Trump Administration Reshapes Homeland Security Leadership

The U.S. Department of Homeland Security has confirmed that Corey Lewandowski, a longtime Trump ally and former 2016 campaign manager, has officially departed from his unpaid advisory role at the agency. The exit marks...

Pentagon Eyes Weeks-Long Ground Operations in Iran, Reports Say

Senior U.S. military officials are reportedly drawing up plans for extended ground operations in Iran spanning several weeks, according to a Saturday report from The Washington Post. The report, which cited unnamed U.S....

Israeli Airstrikes Kill Six Palestinians in Gaza Despite Ongoing Ceasefire

Israeli airstrikes struck two Hamas-led police checkpoints in the Khan Younis area of southern Gaza, killing at least six Palestinians, including a young girl, according to local health officials. Three police officers and...

Science

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...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Technology

Cybersecurity Stocks Tumble After Anthropic's Claude Mythos AI Leak Sparks Market Fears

Major cybersecurity stocks took a sharp hit Friday following reports that Anthropic accidentally exposed details about its next-generation AI model before its official launch. CrowdStrike fell 7%, Palo Alto Networks...

Chinese Universities with PLA Ties Found Purchasing Restricted U.S. AI Chips Through Super Micro Servers

Procurement records reveal that four Chinese universities, two of which have direct ties to the Peoples Liberation Army, acquired Super Micro Computer servers loaded with restricted Nvidia AI chips over the past year. The...

Federal Judge Blocks Pentagon's Blacklisting of AI Company Anthropic

A federal judge has temporarily prevented the Pentagon from enforcing its designation of Anthropic as a national security supply-chain risk, dealing an early blow to the Trump administration in a growing dispute over...

SMIC Allegedly Supplies Chipmaking Tools to Iran's Military, U.S. Officials Warn

Chinas top semiconductor manufacturer, SMIC (Semiconductor Manufacturing International Corporation), has reportedly been transferring chipmaking equipment to Irans military industrial complex, according to two senior Trump...

Google's TurboQuant Algorithm Sends Memory Chip Stocks Tumbling

Major memory chipmakers took a significant hit on Thursday after Google researchers introduced a groundbreaking compression algorithm that threatens to reduce artificial intelligence demand for memory chips. Samsung...