Breaking News

A hidden pipeline brings Amazon and Walmart to African shoppers

No bank card? No address? No problem. Shoppers in Africa increasingly are buying online from big brands such as Amazon or Walmart even though they have no physical presence on much of the continent.Among those benefiting from the shift are local and foreign package-forwarding companies that use technology and increasing internet penetration in Africa to overcome hurdles, including a lack of formal street addresses and customers with no access to traditional banks.One is Senegalese startup, Afrety, which provides a snapshot of how Africa's shoppers can rely on intermediaries to buy from the U

Fed in the spotlight as Warsh faces Congress

Chip toolmaker ASML expected to shine light on capacity and China challenges

Business|Economy|Science|Technology

SoftBank's Son says AI will need $5 trillion per year by 2040, dismisses bubble talk

The development of AI will require investment of $5 trillion each year by 2040, and any talk of a bubble forming around the technology is "absurd", SoftBank Group CEO Masayoshi Son said on Tuesday.Over the past two years, the technology investment group has embarked on an expansive investment programme to establish itself as a core AI platform, putting tens of billions into OpenAI, financing data centres and investing in robotics firms."Every year $5 trillion, or 800 trillion yen, you might think that's a lie, but I am confident that's what it will cost," Son said at SoftBank's annual corpora

US government rescinds $10 billion freeze for 5 states governed by Democrats

China smartphone shipments fall for fifth straight quarter as costs rise - IDC

Business|Economy|Technology

TSMC seen riding AI boom to fifth straight quarter of record profit

TSMC, the world's largest manufacturer of advanced AI chips, will likely notch a fifth consecutive quarter of record earnings, driven by booming AI infrastructure spending.Analysts say demand for Taiwan Semiconductor Manufacturing Co's (TSMC) 3-nanometre and 2-nanometre process technologies for AI chips, as well as for its advanced chip packaging technology, CoWoS, remains strong.That has catapulted Asia's most valuable company, a key supplier to Nvidia and Apple, to new heights. Its market capitalisation is now nearly double that of South Korean rival Samsung Electronics at around $1.97 tril

US says it has completed its latest wave of strikes on Iran

Nvidia halves Asia buyer list in China chip crackdown, FT reports

US News

See all »

Johnson gambles on ambitious summer agenda as GOP anxiety rises ahead of midterms

Republicans returned to Washington on Monday night in an increasingly dour mood about the state of their party: Growing fears of a November wipeout. A Middle East war with no end in sight. A feeling of loss after the sudden death of their longtime colleague Lindsey Graham.Now, with President Donald Trump’s attention focused on Capitol Hill for what could be the party’s final legislative sprint before the midterms, a restless House Speaker Mike Johnson is racing to reverse Republicans’ political fortunes.Johnson is privately pushing a major legislative push centered on Pentagon funding, c

Arts|Environment|Political|US|World

Trump reduces size of 2 national monuments in Utah as Republicans reshape land management

President Donald Trump on Monday sharply reduced the size of two national monuments in Utah, undoing protections established by his Democratic predecessors on public lands that are sacred among many Native Americans. Bears Ears and Grand Staircase-Escalante national monuments in southern Utah have ancient cliff dwellings, petroglyphs and scenic canyons, as well as coal and uranium deposits that state officials want made available for development. Trump, a Republican, issued proclamations under the Antiquities Act to reduce their size by about 90% each

Who is Darline Graham Nordone, Sen. Lindsey Graham's sister?

Trump administration launches effort to isolate International Criminal Court

Crime|Environment|US

Crash of a helicopter helping to fight a Colorado wildfire leaves the pilot dead

A helicopter helping fight a Colorado wildfire has crashed into a reservoir, killing the pilot, authorities said. The aircraft was reported down Sunday in the Silver Jack Reservoir and the pilot's body was recovered by divers. The Gunnison County Sheriff's Office identified the pilot as 56-year-old Nicholas Dale of Sooke, British Columbia. A procession of law enforcement vehicles carried Dale's body from Gunnison to Grand Junction on Monday. The convoy was greeted by residents who wanted to show their support for the pilot and the thousands of firefighters assigned

Crime|Political|US|World

Rubio vows to ‘dismantle’ International Criminal Court

US Secretary of State Marco Rubio on Monday vowed to “dismantle” the International Criminal Court and urged other countries to join the effort as the Trump administration significantly escalates its campaign against the global institution.Rubio accused the ICC of “waging a war against our country, not with bullets or missiles,” but with “the force of so-called international law.”The administration’s ire against the ICC goes back to President Donald Trump’s first term, when it targeted the ICC for seeking to investigate alleged war crimes committed by US forces in Afghanistan. T

From the archives: Meet Lindsey Graham's sister, Darline Graham Nordone

Judge: Trump sought to ‘manipulate the judicial process’ with his IRS lawsuit and attempted $1.8B fund

World News

See all »

Asia|Political|World

Japan is running out of royals. So why won’t it let women become emperor?

Japan may have its first ever female prime minister, but her government’s attempts to avoid a royal succession crisis are making the chances of a woman taking the imperial throne ever slimmer.With just three eligible heirs to the Chrysanthemum throne – and two of them 60 or over – the imperial family is facing a succession crisis.Japan’s monarchy has for centuries maintained male-only succession, which is on-brand for a deeply patriarchal society where men dominate other spheres of life such as business and politics.Now, that rule has come to threaten the very survival of the world’s

Political|World

Trump sends Congress formal notice that Iran conflict has resumed

U.S. President Donald Trump has sent Congress formal notification that hostilities against Iran resumed on July 7, a letter his administration sees as opening a new 60-day window to use the military in the region without congressional approval."I directed this military action consistent with my responsibility to protect Americans and United States' national security and foreign policy interests," Trump said in the letter, dated July 10, and seen by Reuters on Monday.The letter outlines Trump's actions including ordering a two-week ceasefire on April 7, which was extended, and his administrati

Trump backs Russia sanctions package spearheaded by Graham

US to begin enforcing maritime blockade on Iran on Tuesday

Crime|MidEast|Political|World

UN official says Hamas obstructing aid in Gaza

A United Nations official has said Palestinian militant group Hamas was disrupting aid distribution in the Gaza Strip, placing further hardship on its civilians already grappling with the humanitarian crisis in the war-shattered enclave.In a statement late on Sunday, the U.N.'s humanitarian coordinator for the Palestinian territories said humanitarian workers had to halt activity on Saturday after armed men entered a food distribution point in northern Gaza and assaulted two truck drivers in a World Food Program warehouse. "These incidents are not isolated. They are completely unacceptab

Americas|Europe|Political|Sports|World

Is Mbappé too good for France?

Five years ago, Kylian Mbappé almost quit the French national team.France, a favorite in the Euro 2020 tournament, had just lost to Switzerland in the Round of 16. The French led for most of the game, only for the Swiss to score two late goals and force a penalty shootout. Mbappé ended up taking the deciding shot. The kick was strong, but the keeper reacted swiftly to bat it away.The loss was catastrophic. ESPN called it a “huge failure.” The cover of Le Parisien, a French newspaper, the next day read “Disillusionment.” On L’Equipe: “Devastated.”For Mbappé, just 22 years old a

UN shipping agency opposes fees for any strait, after Trump plans Hormuz charge

Hungary passes constitutional amendment to remove Orbán-era president

Latest

Johnson gambles on ambitious summer agenda as GOP anxiety rises ahead of midterms

Business|Economy|World

Macron calls go-it-alone defence strategies in Europe an 'absurdity'

French President Emmanuel Macron on Monday warned European countries against go-it-alone national defence policies, as governments ramp up military spending

Europe|Political|Sports|World

Former Spanish leader is criticized for comments about France's World Cup team

Former Spanish Prime Minister Mariano Rajoy is facing backlash for comments about France's World Cup team ahead of their semifinal match

Business|Economy|Environment|Political|World

U.S. military renews strikes on Iran while tankers come under attack in Strait of Hormuz

Business|Economy|Environment|World

Hormuz traffic slows to two-month low as renewed US, Iran strikes raise safety risk

The number of tankers transiting the Strait of Hormuz fell in the past day to the lowest level in two months, shipping data

Business|Economy|Finance|Political|World

US attacks Iran and Tehran retaliates across the Middle East as both vie for control of strait

The U.S. has launched more strikes on Iran after President Donald Trump said Washington is “reinstating” a blockade on Iran in the Strait of Hormuz

Business|Economy|Environment|World

Oil up 9% to one-month high as US says it will blockade entire Iranian coastline, all vessels

Interview|Opinion|Political|US

Thune says it would 'make a lot of sense' for Lindsey Graham's sister to replace him in Senate

CNN's Dana Bash asked Senate Majority Leader John Thune his opinion of President Donald Trump's suggestion on Truth Social that South Caroilna Gov. Henry McMaster should tap Sen. Lindsey Graham's sister, Darline Graham Nordone, to temporarily fill his seat.

Business|Economy|Science|Technology

AI demand is jacking up prices for iPads, Nintendo Switches and other gadgets. What experts say you should do

Election|Political|US

South Carolina governor selects Darline Graham Nordone, Lindsey Graham’s sister, to finish his Senate term

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