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South Korea's SK Hynix to launch $28 billion US listing to ride global AI wave

South Korean chipmaker SK Hynix will on Monday launch its about $28 billion U.S. listing, according to its regulatory filings, in one of the world's largest new share sales as it capitalizes on the global AI boom.The company will sell 17.79 million new shares in the depository receipt listing on the Nasdaq, making it one of the world's most valuable tech firms.Ten ADRs will represent one common share and the stock will be sold in a price range due to be revealed on Monday, based on SK Hynix's Seoul trading price.SK Hynix's share price was trading 1% higher and the stock is up about 273% this

Record wave of IPO lock-up shares to hit Hong Kong market

South Korea starts 24-hour trading of dollar-won

Business|Economy|Finance|Stock Markets|World

Shares edge higher in Asia as oil dips, earnings loom

Asian share markets were mostly firmer on Monday, as Wall Street futures started the week with gains on hopes for an upbeat earnings season, while easing oil prices promised relief from inflationary pressures.While there were no new developments in the fractious U.S.-Iran peace talks, ships are passing through the Strait of Hormuz with 160 vessels reported from Monday to Saturday last week.OPEC+ also agreed a further increase in output targets by 188,000 barrels per day from August, on top of similar increases for June and July. As a result, Brent slipped 0.6% to near four-month lows at $71.

Oil slips after OPEC+ agrees to raise output targets

Philippine Senate opening the politically volatile impeachment trial of Vice President Sara Duterte

Crime|Europe|Political|US|World

Trump posts a doctored photo of the Obamas and Air Force One with graffiti spray-painted on plane

President Donald Trump on Sunday posted a falsified image of former President Barack Obama and his wife, Michelle Obama, waving before boarding an Air Force One that had been spray-painted with graffiti. It came months after another racist post by the president that showed the couple as primates in a jungle. That one was deleted after stiff, bipartisan backlash. The latest image shows the Obamas smiling and waving at the top of stairs alongside a baby blue and white presidential plane with graffiti painted on it that included the Democrat's campaign slogan “Yes

Impeachment trial of Philippine VP Sara Duterte to open in divided Senate

Samsung likely to post 18-fold jump in profit on surging AI demand for memory

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Crime|Political|US

Gunman opens fire at July 4 barbecue in Brooklyn, wounding 8, including 4 children

At least eight people, including four children, were shot during a July 4 barbecue in the Coney Island neighborhood of Brooklyn on Saturday, according to police.As a family celebrated in the front courtyard of a high-rise apartment building near Surf Avenue, an unknown man dressed in all black and wearing a black ski mask approached the fence line along Surf Avenue and fired multiple rounds into the courtyard before fleeing on foot, New York Police Department Commissioner Jessica Tisch told reporters at a news conference Sunday morning.Police responding to the call at about 10:35 p.m. found ei

Crime|Entertainment|Travel|US|World

Delta flight ‘felt a big bang’ after apparently being hit by firework while landing in Chicago

A Delta Air Lines flight was apparently struck by fireworks as it descended into Chicago Midway International Airport on Saturday evening, according to air traffic control audio and the airline.“We just had a firework hit our plane,” the pilot of Delta Flight 1076 told controllers, according to the audio.“We’re just hoping it was just a mortar that went off underneath, but definitely felt a big bang.”The controller replied that there had been “multiple reports” of similar incidents and instructed the crew to head to the gate and inspect the aircraft for damage.As a subsequent Sou

FIFA stunned the soccer world by allowing the USA’s Folarin Balogun to play on Monday. Trump’s role is under the microscope

Small plane makes hard landing into New York’s East River, officials say

Business|Crime|Entertainment|Lifestyle|US

Workers claim unsafe conditions at a restaurant owned by the South Park creators. They have Brooke Shields on their side

This March, actress Brooke Shields made a reservation at a Mexican restaurant in Denver called Casa Bonita under a fake name — but not to avoid paparazzi.It was so the restaurant’s management team and owners Trey Parker and Matt Stone, who are also the creators of “South Park,” wouldn’t know she was coming.“The place is so big it took a while for management to realize we were there,” Shields told CNN. “And then word got out because, you know, I didn’t have a hat on and mustache or anything,” she said.She was there to deliver a letter asking for better wages for Casa Bonita

Political|US|World

Trump extols America, rails at communism in US 250th celebration

U.S. President Donald Trump called on Americans to protect the freedoms the nation's founders envisioned 250 years ago against what he has portrayed as the "communist" threat posed by progressive Democrats, speaking on the eve of Independence Day at Mount Rushmore."We stand beneath the monument of these heroes, a true group of unbelievable people, and we rededicate ourselves to being a nation as big, bold, noble, and as great as these American giants, and that's not easy to do, but we're going to do it," Trump said at the granite mountain in South Dakota where the heads of four American presi

Trump pardons 11 people, including several for Clean Air Act violations

Mamdani marks July 4 with a pro-immigration speech, ripping Trump’s policies without using his name

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Sports|World

Trump intervention sparks World Cup storm as FIFA clears Balogun to face Belgium

The United States’ World Cup campaign took an extraordinary turn on Sunday when FIFA made the unprecedented decision to suspend Folarin Balogun’s automatic red-card ban, clearing the striker to face Belgium in Monday's last-16 clash after U.S. President Donald Trump personally urged FIFA President Gianni Infantino to review the case.The move thrust FIFA’s disciplinary process into the global spotlight, prompted an angry response from Belgium and ensured that one of this tournament’s biggest talking points would centre not on tactics or team selection, but on the relationship between f

Sports|World

FIFA lifts US star striker Balogun’s red card suspension at World Cup after Trump calls Infantino

U.S. President Donald Trump intervened on behalf of American star forward Folarin Balogun, whose red-card suspension was lifted in a decision that allows him to play in a World Cup match against Belgium on Monday. Balogun, the American leader with three goals in the tournament, received a red card for stepping awkwardly on the right ankle of Tarik Muharemović of Bosnia-Herzegovina in a 2-0 round of 32 win on Wednesday, triggering an automatic one-game suspension. FIFA announced Sunday that the suspension had been lifted for the round of 16 match, an extraordinary

Mexico-England World Cup round of 16 match delayed by 1 hour because of thunderstorm

Israel government says it will defy Supreme Court ruling on media regulator

Entertainment|Sports|World

Erling Haaland scores twice to beat Brazil, send Norway into World Cup quarterfinals for 1st time

Erling Haaland scored, and Andreas Schjelderup jumped on his teammate's back. Haaland scored again, and Schjelderup leapt up again. Heading in the go-ahead goal in the 79th minute and scoring again before the end of regulation time, Haaland put Norway on his back and carried it into the World Cup quarterfinals for the first time with a 2-1 defeat of Brazil on Sunday that showcased the towering striker on soccer’s biggest stage. "Maybe this will write history in Norway," Haaland said. “Everyone just need to enjoy themselves. This is just an insane day. It’s o

Environment|Health|Political|World

Bodies lie unclaimed and rats run rampant as months on Gaza’s ceasefire remains unfulfilled

Fourteen-year-old Karam dribbles a blue, yellow and white football down a sandy path in Deir al-Balah, central Gaza.“My dream was to become a footballer,” said Karam, who is displaced with his two brothers and sister. “I used to play with my friends in the street.“Life before the war was beautiful. But now, there is no life,” he told CNN.Around the teenager, Gaza’s deep blue, sea-tipped horizon has turned into a panorama of burned farmland, charred orchards and mountains of rubble.As the US and Iran try to turn their truce into long-term peace, CNN has spoken to residents of the St

Putin and Trump held ‘businesslike’ 90-minute July 4 call, Moscow says

Naomi Osaka overpowers Aryna Sabalenka to reach the Wimbledon quarterfinals

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Education|Political|Travel|World

150 people from 50 countries become US citizens at Mount Vernon on America's 250th birthday

Business|Economy|Environment|Health|Science

New World screwworm is disgusting. How could it not be a food safety issue?

MidEast|Political|World

Mass grief in Iran at Khamenei funeral after US, Israel war killing

Tens of thousands of Iranians thronged a vast outdoor prayer complex in Tehran on Saturday to view the coffins of Ayatollah Ali Khamenei, the supreme leader killed at the

Election|US

Mallory McMorrow drops out of Michigan’s crucial Democratic Senate primary

Thousands protest in Germany as far-right AfD sets sights on power

Thousands protested against Germany's far-right AfD and blocked roads to its annual conference in the eastern city of Erfurt on Saturday,

Arts|Entertainment|Political|Sports|World

Trump mixes patriotism with partisanship as he celebrates America's 'joyous' 250th anniversary

President Donald Trump has mixed partisan politics with patriotic appeals as he commemorated the 250th anniversary of American independence, a moment he declared “one of the most joyous and glorious milestones of all time.”

Europe|Political|World

Brexit architect Farage under pressure as questions over funding mount

Political|World

Iran begins dayslong funeral for Supreme Leader Ayatollah Ali Khamenei, killed in war

The funeral for Iran's Supreme Leader Ayatollah Ali Khamenei has started, months after his death in an airstrike on the first day of the war

Election|Finance|World

Keiko Fujimori declared winner of razor-edge Peru election

Crime|Political

Paul Pelosi faces hit-and-run charge after striking parked vehicle in California, law enforcement says

Paul Pelosi, husband of former U.S.

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Local

From LA to Scottsdale: The Founder Behind AdDynamix Is Building the Bridge Between AI and Business Tools

An LA digital advertising veteran of 28 years has moved to Scottsdale and is building what he calls the missing piece between business software and the AI assistants people now use every day. SCOTTSDALE, AZ. When Benoit Pecqueur talks about his latest company, he sounds less like a founder pitching a product and more like an operator who got tired of watching the same problem repeat itself. “Most small business owners are watching the AI revolution from the sidelines,” he says. “Not because they don’t want it. Because their tools don’t talk to ChatGPT or Claude. Their accountant still pulls