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Today: June 29, 2026
Today: June 29, 2026

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Business|Economy|Technology

China's CXMT wins $3 billion memory supply deal with Tencent, sources say

Chinese memory chipmaker ChangXin Memory Technologies (CXMT) has signed a long-term supply agreement with Tencent Holdings worth more than 20 billion yuan ($2.94 billion) ahead of its blockbuster stock market debut, according to three people with knowledge of the matter.The agreement covers several years of DRAM chip supply for servers, the people said, speaking on condition of anonymity as the details are private. Two of the sources said the deal spans up to three years, while the third said it covers up to five years.DRAM, or dynamic random-access memory, is a critical component for servers
China's CXMT wins $3 billion memory supply deal with Tencent, sources say
Business|Economy|Finance|Stock Markets|World

Europe could be a 'compelling story' J.P. Morgan says, lifts equity index targets

J.P. Morgan raised its year-end target for European equity indexes on Monday, citing corporate earnings strength and improvements in the geopolitical climate.The Wall Street brokerage lifted the benchmark STOXX 600 index target to 680 from 630, implying an upside of about 7% from Friday's close of 635.88 points. J.P. Morgan also raised its target for the MSCI Eurozone index - a performance gauge for euro-area equities, to 420 from 385.Global financial markets have been bearing the brunt of the months-long Middle East conflict that has triggered inflation and potential rate hike concerns, but
Europe could be a 'compelling story' J.P. Morgan says, lifts equity index targets
Business|Economy|Health|Science|Technology

French biotech company Ipsen to buy Kartos Therapeutics for $450 million

Ipsen will buy U.S.-based Kartos Therapeutics for $450 million to expand its oncology pipeline with a late-stage blood cancer treatment, the French biotech company said on Monday.• The deal gives Ipsen navtemadlin, an investigational oral therapy being evaluated in a Phase III trial for patients with myelofibrosis, a rare blood cancer.• Kartos shareholders will be eligible for up to $1.3 billion in additional milestone payments tied to regulatory and sales targets.• Initial trial data is expected in 2027, potentially paving the way for the therapy to be launched as early as 2028.• Ip
French biotech company Ipsen to buy Kartos Therapeutics for $450 million

US News

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Crime|Political|US|World

Migrants in US on temporary status should seek permanent residence or leave, Homeland Secretary says

Migrants in the United States on temporary protected status should seek permanent residence or leave for their home countries, U.S. Homeland Security Secretary Markwayne Mullin said on Sunday.The remarks to CNN's "State of the Union" program follow last week's split Supreme Court decision allowing President Donald Trump's administration to strip hundreds of thousands of Haitian and Syrian immigrants of a humanitarian status that protects them from deportation to home countries plagued by conflict and destitution."Either try to fill out the paperwork and be here underneath a permanent status o
Migrants in US on temporary status should seek permanent residence or leave, Homeland Secretary says
Election|Political|US|World

As Supreme Court's term nears its end, three major Trump rulings due

The U.S. Supreme Court is expected to wrap up its current term in the coming days, with several major cases yet to be decided, including three involving Donald Trump's far-reaching assertion of presidential powers, two important election-related cases and one involving a crackdown by states on transgender athletes.The court, which has a 6-3 conservative majority, has seven disputes still to be resolved, and has set Monday as its next day to issue rulings. Supreme Court terms begin in October and typically wrap up around the end of June, sometimes spilling over into early July.The Trump cases
Crime|US|World

The military is searching for a US Marine missing off the coast of California

Multiple agencies continued to search Sunday for a U.S. Marine who went missing during a training exercise off the coast of southern California, military officials said. Crews began searching for the Marine early Thursday morning, shortly after midnight, according to a Navy news release. The Marine was reported missing from the USS Anchorage during integrated training between the Makin Island Amphibious Ready Group and the 13th Marine Expeditionary Unit. It's at least the second time in six weeks that the U.S. military has been forced to look for missing members. T
The military is searching for a US Marine missing off the coast of California
Business|Economy|Education|Election|Entertainment|Health|Lifestyle|Political|US

Two years after their last debate, Biden jabs at Trump: ‘What a loser’

As he rallied Maryland Democrats at a state party fundraiser Saturday night, former President Joe Biden decried the actions of the man who succeeded him in the White House, painting him as vain and corrupt.“It’s not just his vanity projects, tearing down the East Wing of the White House making room for his ballroom, putting his name on the Kennedy Center, building an arch in his own honor, even hiring his own pool guy to fix the reflecting pool. Woah! What a loser,” Biden told attendees of the gala, which was held at a Maryland casino.“The reflecting pool reflects something even worse

World News

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Economy|World

Iran canceled participation in technical talks over recent attacks, official tells state TV

Iran did not take part in technical talks slated for Sunday due to recent attacks on the country and unfulfilled conditions of the MoU with the United States, a member of the Office of Preservation and Publication of the Works of Iran’s Supreme Leader told state TV on Sunday. "For example one of the reasons is checking if we have access to the unfrozen funds, if there is no access then this condition has not been fulfilled," Mehdi Fazaeili said. (Reporting by Elwely Elwelly; Editing by Chris Reese)
Iran canceled participation in technical talks over recent attacks, official tells state TV
Sports|Travel|World

Canada beats South Africa 1-0 in World Cup's first knockout match on Stephen Eustáquio's late goal

Right after Canada finished its first knockout match victory in a World Cup, coach Jesse Marsch huddled his players on the grass of a stadium still in pandemonium and spoke from his heart — shouted, actually. “You guys are Canadian heroes today!" Marsch declared. "Canadian heroes for the future children of this country who play this sport. The sport has a big future because of you guys. You should be so proud of who you are. You should be so proud of this game. You never lost belief. You went after it, point after point, moment after moment. You are Canadian heroes!”
Environment|Science|Technology|World

NASA races to save Swift telescope from falling back to Earth with daring rescue mission

NASA is racing to save an aging telescope from falling back to Earth with a daring rescue mission. The $30 million salvage operation gets underway as soon as this week with the planned launch of a robotic lifesaver. NASA hired startup Katalyst Space Technologies to boost the Swift Observatory to a higher orbit where it can continue hunting for some of the universe’s biggest explosions. A three-armed spacecraft built by Katalyst will chase after Swift once it takes off from an atoll in the Pacific's Marshall Islands aboard an airplane-launched Pegasus rocket. Li
NASA races to save Swift telescope from falling back to Earth with daring rescue mission
Business|Economy|World

Saudi Aramco helicopter crash kills 14 nationals, state news agency says

A helicopter belonging to Saudi oil giant Aramco crashed on Sunday in Ras Tanura on Saudi Arabia's eastern coast on the Gulf, west of the Strait of Hormuz, killing 14 nationals, the state news agency reported, adding that the cause was unknown. Aramco had resumed crude oil loadings on Friday at its Ras Tanura terminal in the Gulf after they were halted for nearly four months. "The relevant authorities have launched a full investigation to determine the cause of the crash," the state news agency added.Aramco did not respond immediately to an emailed request for comment. The incident took pla

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Europe|Political|World

Serbian President Vucic says he will resign within weeks; move comes amid student protests

Serbian President Vucic says he will resign within weeks; move comes amid student protests
Asia|Crime|Political|World

Chinese dissident who fled to South Korea by dinghy arrives in Canada

A Chinese political dissident who fled to South Korea last month in a dinghy has arrived in Canada

Business|Economy|Environment|Political|World

Death toll in Venezuela quake tops 1,400 as rescue efforts intensify

The death toll from Venezuela's devastating twin earthquakes rose above 1,400 on Saturday as foreign rescue teams poured into the country and

Political|World

US airstrikes again hit Iran as Tehran strikes Bahrain and Kuwait, further imperiling interim deal

US airstrikes again hit Iran as Tehran strikes Bahrain and Kuwait, further imperiling interim deal
Crime|Environment|Political|World

Conditions improve after widespread flooding and heavy rain kill at least 4 in Kentucky

Conditions improve after widespread flooding and heavy rain kill at least 4 in Kentucky

Business|Economy|Environment|Political|World

The US and Iran have a deal on paper. At sea, the Strait of Hormuz is ‘chaotic’

The US and Iran have a deal on paper. At sea, the Strait of Hormuz is ‘chaotic’

Economy|Environment|Health|World

Frustration grows in Venezuela as earthquake death toll reaches 1,430

Frustration grows in Venezuela as earthquake death toll reaches 1,430
Business|Economy|Finance|Science|Technology

US allows Anthropic to release Mythos AI to 'trusted' US organizations

Anthropic said on Friday that the U.S. government has allowed it to release its powerful Claude Mythos 5 artifical intelligence

Business|Economy|Education|Finance

How Trump Accounts compare to other savings plans for your child

How Trump Accounts compare to other savings plans for your child

Economy|Environment|Health|World

Aid is on the way after Venezuela’s earthquakes, but it’s not clear how quickly it can get there

If you want to help, an aid expert advises you to donate cash to nonprofits involved in local rescue and recovery efforts.

California & Local

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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

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