Breaking News

US Department of Justice formally moves to drop Halkbank case

The U.S. Department of Justice formally asked a federal judge on Wednesday to dismiss its criminal case against Halkbank, saying it has no intention of prosecuting the Turkish state-run lender.A lawyer for Halkbank did not immediately respond to a request for comment.Wednesday's announcement came after Halkbank and the U.S. federal government agreed in March to end the long-running criminal case. That agreement promised to relieve a lingering irritant in relations between NATO allies Turkey and the U.S. The settlement sent Halkbank's shares soaring on the Istanbul stock exchange.Halkbank was

UNHCR says fewer people displaced worldwide in 2025 but long-term refugee crisis persists

Trump lauds Armenia PM's 'decisive' election win in face of Russian pressure

Business|Economy|Technology

OpenAI considers drastic price cuts, anticipating war for users with Anthropic, WSJ reports

OpenAI is considering drastically reducing the prices it charges users as it seeks to win customers from its competitor Anthropic, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.The company might lower prices for tokens, the central unit for gauging AI costs, though the discussions are still in flux, the report added. Reuters could not immediately verify the report. (Reporting by Angela Christy in Bengaluru; Editing by Ronojoy Mazumdar)

Target investors reject proposal for independent board chair, sources say

UAW reaches deal with Dauch Corp after 10-day strike

Business|Economy|Science|Technology|World

China's control over indium phosphide exports threatens AI data centre rollout

Barely a week after Nvidia-backed chipmaker Coherent warned of a shortage of indium phosphide in an earnings call in early May, its CEO Jim Anderson was on a plane with a U.S. business delegation accompanying President Donald Trump on his trip to China.Anderson's visit was partly to raise the issue of delays in China's export licenses involving the highly strategic material, essential in manufacturing high-speed optical chips for AI data centres, said three sources familiar with the matter.The issue was also discussed during talks in Seoul between top trade negotiators of the two countries ah

Oil rises more than $1 as escalation in US-Iran strikes unnerve traders

From cartels to street vendors: Here’s who stands to profit (or not) from World Cup tourism in Mexico

US News

See all »

Letter: NC State looking into potential legal claims against LSU tied to coach WIll Wade's exit

N.C. State is investigating potential legal claims against LSU tied to men’s basketball coach Will Wade leaving for a second stint coaching the Tigers. That includes whether LSU violated a North Carolina state law. N.C. State vice chancellor and general counsel Allison B. Newhart wrote to LSU counterpart Carlton Jones last week about the matter, a development first reported by WRAL in Raleigh. The letter was later obtained by The Associated Press in a records request. According to N.C. State, it has received three email messages from LSU asking the school to “

Environment|Political|Travel|US

‘Residual algae’ coats part of newly opened Reflecting Pool

The Trump administration has spent days heavily promoting the finished renovations at the Lincoln Memorial Reflecting Pool, crediting the president with making Washington, DC, look “better than ever.”But a day after the reservoir was filled post renovations, there was already quite a bit of algae visible from the water’s edge.CNN spotted a worker clearing the algae from the bottom of the recently filled pool while shooting a video on Wednesday. Asked for comment, an Interior Department spokesperson said the algae is “residual” and a normal part of the early process of restarting oper

Trump has a new, surprising take on the higher cost of living: 'I love the inflation'

'I love the inflation,' Trump says as prices rise amid Iran war

FBI seizing evidence at California plant where chemical tank overheated and forced evacuations

Federal authorities served a search warrant on Wednesday at a Southern California aerospace facility where a chemical tank overheated last month, forcing 50,000 residents to evacuate because authorities feared a catastrophic explosion. The warrant signed by a federal judge last week approved the seizure of documents and records related to the “storage, use, or disposal” of methyl methacrylate, the chemical inside the affected tank. “Samples of the substance within any tank, tote, drum, vat, vessel, or container suspected of containing or having previously con

Trump administration proposes new rules on prediction markets that would still allow most sports activity

The Trump administration on Wednesday proposed a set of new federal regulations for prediction markets that appear to largely leave the booming industry intact.Importantly, the new rules would continue to allow most sports-related markets. A large majority of trades on prediction sites like Kalshi and Polymarket comes from sports markets that critics say are essentially indistinguishable from traditional gambling.But the new rules, unveiled by the Commodity Futures Trading Commission, would create a framework where federal regulators could further rein in some sports markets that are especiall

Trump-backed Republican Marty O'Donnell wins Nevada primary for key House seat

Vance suggested Tucker Carlson interview Ghislaine Maxwell amid Epstein fallout, new book reveals

World News

See all »

Business|Crime|Political|Technology|World

FBI seizes over a dozen websites it says were used by Chinese agents to recruit US officials

Federal authorities have seized over a dozen websites they say were used by suspected Chinese agents to recruit former and current American officials with security clearances.According to the FBI’s affidavit for the seizures, several unnamed people used the websites as a front for fake “consulting companies to recruit individuals in the United States to obtain sensitive and possibly classified information in exchange for monetary payments.”The websites allegedly advertised for such positions as “International Affairs Analysts (Remote),” Defense Analyst, “Jobs for Ex-Military Person

Crime|Europe|Political|Travel|World

With Pope Leo's blessing, Barcelona's Sagrada Familia reaches new heights

Pope Leo visited Barcelona's Sagrada Familia on Wednesday and inaugurated the newest of its soaring geometric spires that makes the modernist structure designed by Antoni Gaudi the world's tallest church.At a Mass in the vast, light-infused church, Leo called it an "architectural masterpiece", before walking outside to bless the 172.5-metre (566 feet) Tower of Jesus Christ, crowned with a five-storey ceramic cross visible across the Catalan capital.The ceremony, in which the pope also said that Christians cannot support war, came on the 100th anniversary of Gaudi's death and was a central pur

Trump says US will attack Iran 'very hard' and has taken oil through Hormuz

Southern Baptists vote to advance a formal ban on churches with women pastors

Crime|Education|Political|World

Feds charge 8 pro-Palestinian activists with conspiring to intimidate U of Michigan officials

Federal prosecutors unsealed an indictment Wednesday against eight pro-Palestinian activists who are accused of conspiring to run a criminal intimidation campaign against University of Michigan officials while trying to force the school to cut financial ties to Israel. The indictment describes threats and vandalism at officials' homes, some businesses and the Jewish Federation of Detroit. “In America, we rule by law not by fear. These alleged threats and attempts to terrorize government officials, businesses, and the Jewish Federation are anti-American. We will c

Technology|World

Taiwan fires rockets in China's direction from a US-supplied mobile launching system in drill

Taiwan's military fired rockets in China's direction from “shoot-and-scoot” mobile launchers on Wednesday in a demonstration of how it might try to repel a Chinese attack. While the U.S.-supplied system known as HIMARS has been tested before, the latest live-fire exercise was the first time its rockets were fired into the waters of the narrow Taiwan Strait that separates the self-governing island from China. “Due to the current enemy threat, we will continue HIMARS training with unwavering determination to protect Taiwan as the nation’s strongest force,”

Seat the rich! World Cup ticket inflation reflects widening gap between haves and have-nots

Somali World Cup referee denied US entry ahead of World Cup

Latest

Business|Crime|Economy|Sports|Travel

From cartels to street vendors: Here’s who stands to profit (or not) from World Cup tourism in Mexico

Business|Economy|Science|Technology

Why the blockbuster SpaceX IPO may spell more bad news for crypto

SpaceX's much-anticipated $75 billion initial public offering, set to be the largest ever, will likely keep cryptocurrency prices in the doldrums as retail investors

Economy|Political|Sports|Travel|World

Celebrations clash with social tensions in Mexico on the eve of the World Cup

Mexico City welcomes the world with the opening ceremonies of the FIFA World Cup on Thursday, but social tensions are rising

Election|Political|US|World

Trump-backed Republican Marty O'Donnell wins Nevada primary for key House seat

Election|Finance|Political|Stock Markets|US

Graham Platner tears into Republicans after clinching Susan Collins matchup in Maine, and other primary night takeaways

Economy|Opinion|Sports|World

Seat the rich! World Cup ticket inflation reflects widening gap between haves and have-nots

The wild swings of dynamic pricing, ongoing accusations of FIFA corruption and questions of host-nation probity have created a huge backlash.

Business|Economy|Finance|World

US inflation tops 4% for first time in three years as oil prices jump

'I love the inflation,' Trump says as prices rise amid Iran war

President Donald Trump on Wednesday appeared to embrace data showing inflation has risen more than 4%, telling reporters that he "loved"

Business|Economy|Finance

As renovation costs rise, are fixer-upper homes still worth it? Tell us what you think

Asia|Crime|Political|World

Indonesian military court jails four officers involved in acid attack on rights activist

An Indonesian military court on Wednesday sentenced four military officers to jail terms of up to three years for their involvement in an acid attack on

California & Local

See all »

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