Menu

Search

The Messenger Closes Business Less Than a Year After Launch, Employees Facing Dismissal

Feb 01, 2024 04:35 am UTC| Business

The Messenger, a US-based news website founded by Jimmy Finkelstein, announced it is shutting down its news site. The startup struggled to stay afloat even if it was only launched on May 15, 2023. The Messenger said the...

Argentina's President Engages Big Tech with Tinder's Co-Founder

Feb 01, 2024 04:17 am UTC| Business Technology

President Javier Milei seeks to charm the worlds tech sector in a bold initiative to bolster Argentinas economic engagement. He is starting with a notable connection through Tinders co-founder. Mileis Quest for Economic...

Qualcomm Unveils AI-Infused Chips, Boosting Post-Slump Performance

Feb 01, 2024 03:17 am UTC| Business Technology

Qualcomm has announced optimistic financial projections, projecting second-quarter earnings that slightly surpass Wall Streets predictions, supported by its innovative lineup of AI-integrated chips. This buoyancy arises as...

Walmart Unveils US Investment Plan to Build New Stores, Create New Jobs

Feb 01, 2024 03:07 am UTC| Business

Walmart Inc. announced that it is planning to make fresh investments starting this year to build more stores or transform the existing 150 locations in the next five years. It will also continue to remodel stores while...

Judge Rules Against Disney in First Amendment Lawsuit with Florida Governor

Feb 01, 2024 03:03 am UTC| Business Law

A legal battle that captured national attention has reached a critical junction as a U.S. judge has ruled against The Walt Disney Company in a clash with Florida Governor Ron DeSantis. The dispute arose over Disneys take...

Adidas Braces for Impact but Remains Hopeful Amid Headwinds

Feb 01, 2024 02:49 am UTC| Business

Adidas AG is preparing for a challenging year, foreseeing a hit to its profit margins primarily due to tough currency exchange conditions. However, the sports apparel giant is determined to soften the blow by offloading...

What Are Some Common Causes of Mesothelioma?

Jan 31, 2024 11:05 am UTC| Business

In the past century, millions of hard-working Americans were exposed to asbestos. This material was used as a fire-retardant insulator in many industrial, commercial, and manufacturing settings. The fibers from asbestos...

  1111 1112 1113 1114 1115 1116 1117 1118 1119 1120   

Economy

Asian Currencies Trade in Tight Range as Dollar Steadies; Yen Slips on Weak Japan GDP

Asian currencies moved within a narrow range on Monday as thin holiday trading and steady U.S. dollar performance limited major price swings. Market closures in China, Taiwan, and South Korea reduced regional liquidity,...

Asian Stock Markets Trade in Narrow Range as Japan GDP Misses Forecasts, Hang Seng Gains

Asian stock markets traded in a tight range on Monday as a week-long Lunar New Year holiday in China reduced regional trading volumes, while weak Japanese GDP data pressured Tokyo equities. Market participation was further...

Ukraine Secures $8.2 Billion IMF Loan as Tax Conditions Are Eased

Ukraines government has reached a revised agreement with the International Monetary Fund (IMF) on a new $8.2 billion lending program, easing several previously proposed conditions, including politically sensitive tax...

BOJ Governor Ueda Meets PM Takaichi as Markets Eye Possible Rate Hike

Bank of Japan Governor Kazuo Ueda and Prime Minister Sanae Takaichi are set to hold their first bilateral meeting on Monday since the ruling partys landslide election victory, a discussion that could shape expectations for...

Yen Pulls Back After Rally as Fed Rate Cut Bets Support Dollar Stability

The Japanese yen began the week slightly weaker against the U.S. dollar after posting its strongest weekly gain in more than a year. The currency eased 0.2% to 153.07 per dollar in early Monday trading, following a nearly...

Politics

Zelenskiy Urges Stronger Sanctions as U.S.-Brokered Ukraine-Russia Peace Talks Near

Ukrainian President Volodymyr Zelenskiy expressed cautious optimism ahead of U.S.-brokered peace talks between Ukraine and Russia scheduled in Geneva next week. Speaking at the Munich Security Conference, Zelenskiy said he...

Rubio Reaffirms Transatlantic Alliance at Munich Security Conference Amid Ukraine and Russia Tensions

U.S. Secretary of State Marco Rubio described the United States as a child of Europe during a closely watched speech at the Munich Security Conference, aiming to reinforce transatlantic unity after a turbulent year in...

EU Divided on Setting 2027 Timeline for Ukraine Membership Amid Ongoing War

European Union foreign policy chief Kaja Kallas has indicated that EU member states are not prepared to offer Ukraine a concrete timeline for joining the bloc, despite renewed calls from Ukrainian President Volodymyr...

Anthropic’s Claude AI Reportedly Used in U.S. Operation to Capture Nicolas Maduro

Anthropics artificial intelligence model, Claude, was reportedly used in a U.S. military operation that led to the capture of former Venezuelan President Nicolas Maduro, according to a Wall Street Journal report citing...

Europe Rethinks NATO as U.S. Policy Shifts Shake Transatlantic Alliance

European leaders signaled a turning point in transatlantic relations at the Munich Security Conference, as European Commission President Ursula von der Leyen warned that some lines have been crossed that cannot be...

Science

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...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

Disney Issues Cease-and-Desist to ByteDance Over Alleged AI Copyright Infringement

Disney has sent a cease-and-desist letter to ByteDance, accusing the Chinese tech giant of using copyrighted Disney characters to train and power its Seedance 2.0 AI video generator without authorization, according to a...

OpenAI Hires OpenClaw Creator Peter Steinberger to Advance Next-Generation AI Agents

OpenAI has hired Peter Steinberger, the creator of the open-source artificial intelligence agent OpenClaw, according to CEO Sam Altmans announcement on social media Sunday. The move follows OpenClaws recent surge in...

Vietnam Approves SpaceX Starlink Satellite Internet Service Amid U.S. Trade Talks

Vietnam has officially granted SpaceX permission to deploy its Starlink satellite internet service in the country, marking a significant step in expanding high-speed connectivity across Southeast Asia. According to state...

Anduril Eyes $60 Billion Valuation in New Funding Round to Expand Defense Manufacturing and Autonomous Fighter Jet Development

U.S. defense technology firm Anduril Industries is reportedly in discussions to raise billions of dollars in fresh funding at a valuation of at least $60 billion, according to a recent report by The Information citing...

Grok AI Market Share Surges as xAI Faces Scrutiny Over Image Generation Controversy

Elon Musks AI chatbot Grok is rapidly gaining traction in the U.S., even as it faces mounting global criticism over the generation of non-consensual and sexualized AI images. According to data from app intelligence firm...
  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.