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

Become a contributor

Bookmark Econotimes

Business

Tue, Dec 16, 2025 04:10 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Tesla’s FSD Under NHTSA Probe Over Deadly Crashes Involving Sun Glare and Fog Risks

Oct 18, 2024 11:29 am UTC| Technology Business

The National Highway Traffic Safety Administration has launched a new investigation into Teslas Full Self-Driving (FSD) system after multiple crashes were reported in reduced visibility conditions such as fog, sun glare,...

Digital Currency Revolution

Bitcoin Bulls Roar, but Bears Eye 12% Drop if Price Falls Below $58.8K

Oct 18, 2024 11:01 am UTC| Digital Currency Technology Business

Bitcoin has climbed above $67,000, marking an almost 11% increase over seven days. Yet analysts warn that falling below the crucial $58,800 support could trigger a 12% decline, even as market sentiment remains bullish and...

Meta Fires Employees for Buying Toothpaste! ‘Forget Lunch, These Perks Have Gone Too Far,’ Company Insiders Reveal

Oct 18, 2024 03:36 am UTC| Technology Business

Meta, the parent company of Facebook and Instagram, has fired several employees for allegedly abusing the companys perks system by purchasing personal items, including toothpaste, instead of meals. The revelation, reported...

Tesla Launches First Superchargers in Chile, Expanding EV Infrastructure Across South America

Oct 17, 2024 21:17 pm UTC| Technology Business

Tesla has introduced its first Superchargers in Chile, marking a significant expansion of its EV charging network into South America. The initial stations, equipped with V4 250 kW Superchargers, are now operational in...

Meta Lays Off Employees at Instagram, WhatsApp, and Reality Labs Amid Restructuring

Oct 17, 2024 21:08 pm UTC| Life Technology Business

Meta has begun laying off employees across Instagram, WhatsApp, and Reality Labs, according to a report by The Verge. While the exact number of job cuts remains unspecified, Metas spokesperson confirmed that these layoffs...

Budget TV Brand Skywell Shocks Europe with Cheap EV Rival to VW and BYD

Oct 17, 2024 13:46 pm UTC| Technology Business

A budget TV manufacturer is making a surprising leap into Europes EV market with a new cheap electric hatchback set to rival offerings from VW and BYD. Boasting over 300 miles of range and rapid charging, the newcomer aims...

Cybercab Wireless Charging Speed Teased—Tesla Keeps Fans Guessing After 'We, Robot'

Oct 17, 2024 13:16 pm UTC| Technology Business

Teslas We, Robot event saw Elon Musk teasing the wireless charging speed of the upcoming Cybercab. Without disclosing specifics, the brief reveal has sparked widespread curiosity and discussions among electric vehicle...

531 532 533 534 535 536 537 538 539 540

Economy

New Zealand Budget Outlook Shows Prolonged Deficits Despite Economic Recovery Hopes

New Zealand has released updated financial forecasts showing the government is unlikely to return to a budget surplus over the next five years, as weak economic conditions continue to outweigh strict fiscal discipline. The...

Japan PMI Data Signals Manufacturing Stabilization as Services Continue to Drive Growth

Japans manufacturing sector showed fresh signs of stabilization in December, moving closer to expansion territory, according to the latest purchasing managers index (PMI) data released by SP Global. While the sector...

U.S. Dollar Slips Near Two-Month Low as Markets Await Key Jobs Data and Central Bank Decisions

The U.S. dollar weakened to near a two-month low during early Asian trading on Tuesday, as investors adopted a cautious stance ahead of several high-impact economic releases, most notably the delayed U.S. employment...

Asian Stocks Slide as AI Valuation Fears and BOJ Uncertainty Weigh on Markets

Most Asian stock markets declined on Tuesday, extending recent losses as the technology sector continued to struggle under concerns about stretched artificial intelligence valuations. Investor sentiment remained fragile...

Oil Prices Slip in Asia as 2026 Supply Glut Fears and Russia-Ukraine Talks Weigh on Markets

Oil prices edged lower during Asian trading on Tuesday as investors remained focused on expectations of a global oil supply glut in 2026, while closely monitoring developments in Russia-Ukraine ceasefire negotiations. The...

Politics

Taiwan Political Standoff Deepens as President Lai Urges Parliament to Withdraw Disputed Laws

Taiwans political crisis has intensified as President Lai Ching-te warned that the islands global credibility and economic competitiveness are at risk, urging parliament to withdraw a series of controversial laws opposed...

Trump Weighs Reclassifying Marijuana as Schedule III, Potentially Transforming U.S. Cannabis Industry

U.S. President Donald Trump said he is considering an executive order to reclassify marijuana as a less dangerous drug, a move that could significantly reshape federal cannabis policy and the broader marijuana industry. If...

Sydney Bondi Beach Shooting Sparks Calls for Stronger Protection of Jewish Community in Australia

Israels ambassador to Australia has urged the federal government to strengthen protections for Jewish communities following a deadly mass shooting at a Hanukkah festival near Sydneys Bondi Beach. The attack, which occurred...

European Leaders Launch International Claims Commission to Compensate Ukraine for War Damage

European leaders, including Ukrainian President Volodymyr Zelenskiy, are gathering in The Hague to launch a new International Claims Commission aimed at compensating Ukraine for hundreds of billions of dollars in damage...

U.S. and Mexico Reach New Agreement to Tackle Tijuana River Sewage Crisis

The United States and Mexico have signed a new bilateral agreement aimed at addressing the long-standing Tijuana River sewage crisis, according to a statement released Monday by the U.S. Environmental Protection Agency...

Science

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures

iRobot, the company behind the popular Roomba robotic vacuum cleaner, has filed for Chapter 11 bankruptcy protection in the United States as it prepares to go private through an acquisition by Picea Robotics, its primary...

Nvidia Weighs Expanding H200 AI Chip Production as China Demand Surges

Nvidia is evaluating whether to expand production capacity for its powerful H200 artificial intelligence chips after demand from Chinese customers significantly exceeded current supply, according to multiple sources...

SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles

SpaceX has reportedly begun the early stages of preparing for a potential initial public offering (IPO), marking a significant milestone for the private aerospace company founded by Elon Musk. According to a report from...

SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation

SpaceX, the aerospace company founded by Elon Musk, has reportedly authorized an insider share sale that places its valuation at approximately $800 billion, according to a Bloomberg News report published Friday. The move...

Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand

Mizuho Securities has raised its price target on Broadcom Inc. (NASDAQ: AVGO), highlighting accelerating momentum in the companys artificial intelligence business and a rapidly expanding long-term backlog. The brokerage...