Breaking News

Shein eyes company valuation of around $25 billion in Hong Kong IPO, sources say

Online fast-fashion retailer Shein is eyeing a company valuation of around $25 billion in its Hong Kong IPO, said three people with knowledge of the matter, down from nearly $100 billion four years ago due to challenging business conditions.Singapore-headquartered Shein, known for selling $5 dresses and $10 jeans to shoppers in about 160 countries, is aiming to launch its much-awaited initial public offering later this week, Reuters has reported.One of the three sources said that the company, which was founded in China in 2012, was looking at a valuation of between $25 billion and $28 billion

Kushner sits with Netanyahu to talk Gaza after 2-hour meeting with Hamas

Myanmar's Min Aung Hlaing heads to Russia for official visit, state media reports

Taiwan's president says record defence spending an investment in peace

Taiwan is determined to strengthen its defences and plans record defence spending next year, President Lai Ching-te said on Monday, describing his government's military budget proposal as an investment in peace.Taiwan's cabinet will unveil next year's budget on Thursday, including a breakdown of where defence spending will go, but Lai confirmed media reports that 2027's overall defence budget would exceed T$1 trillion ($31.40 billion) for the first time.His announcement comes as China, which views democratically governed Taiwan as its own territory, has ramped up military and political pressu

European shares tick higher as easing Fed hike bets lift gold

China new home prices stagnant in July as demand stays weak

Business|Economy|World

China's economy loses steam as consumption, output miss forecasts

China's economy lost momentum at the start of the second half, with industrial output and retail sales slowing as extreme weather disruptions and persistently weak domestic demand renew pressure on policymakers to step up stimulus. The disappointing data, following second-quarter growth that cooled to a three-and-a-half-year low, highlights China's continued dependence on exports to offset sluggish consumption and investment even as it confronts headwinds from U.S. tariffs and the conflict in the Middle East. Factory output grew 4.5% from a year earlier last month, compared with 5.3% in June,

China's July industrial output grew 4.5% y/y, retail sales up 0.6%

Kushner to hold talks with Netanyahu after rare meeting with Hamas

US News

See all »

Political|US|World

Trump orders Pentagon to cut back military exercises with South Korea

U.S. President Donald Trump on Sunday instructed the Pentagon to "substantially reduce" joint military exercises with long-term Asian ally South Korea, citing the cost of the drills and Seoul's refusal to take part in actions against Iran. Hours before exercises were scheduled to begin, Trump said on his Truth Social site he was "not happy" that the U.S. had agreed to participate and highlighted his "very good relationship" with Kim Jong Un, the leader of nuclear-armed and heavily sanctioned North Korea."These exercises are not only costly... but send a signal that is totally inappropriate a

Crime|Entertainment|Lifestyle|Sports|US

How OJ Simpson’s infamous Bronco chase captured a changing era of US sports coverage in the 1990s

Editor’s note: Watch CNN Original Series “Decades in Sports” on the CNN app. Across six episodes, the series explores the defining moments, athletes and cultural shifts that shaped sports over the past six decades, from the television revolution and Civil Rights Movement of the 1960s, right up to the impact of social media on today’s biggest stars.It was June 17, 1994, and Madison Square Garden was packed for Game 5 of the NBA Finals between the New York Knicks and Houston Rockets.The series was hanging in the balance tied at two games apiece. The winner would move within one victory o

'Heroes' and 'Nashville' actress, Hayden Panettiere, dies at 36

More than 180,000 without power in Hawaii, 100 homes damaged as Lala weakens to tropical storm

At least 7 people have died from days of heavy rain and record-setting flooding in Indiana

Days of storms and flooding in Indiana left at least seven people dead as floodwaters receded in Indianapolis’ White River and rains eased in other parts of the state Sunday. Frank Gounder was among the Indianapolis residents assessing the damage Sunday, which also happened to be his 37th birthday. The furniture maker, who lives on the city’s hard-hit northside, less than a mile from the White River, had been at home as floodwaters crept up his driveway until they were about 2 feet deep (0.61 meters) in the house and his workshop. Now Gounder is l

Arts|Crime|Entertainment|US

These are the key players in Tupac Shakur’s murder trial

Almost 30 years after hip-hop legend Tupac Shakur’s murder, the only person ever charged in his death is going to trial.Duane Keith Davis, also known as “Keffe D,” is accused of orchestrating Shakur’s killing via a drive-by shooting on September 7, 1996, after his nephew got into a fight with Shakur and his entourage following their attendance at a Mike Tyson fight at the MGM Grand in Las Vegas. While prosecutors don’t allege Davis fired the gun, they argue he planned the attack and supplied the weapon. He has pleaded not guilty to one count of first-degree murder with a deadly weapo

Six dead in Indiana after storms and floods, emergency officials say

Democrats pick South Carolina as first 2028 primary state

World News

See all »

Economy|Environment|Science|World

Lake Powell hits record low, threatening key water and electricity supply for millions

The water level at Lake Powell, the United States’ second-largest reservoir, has fallen to a record low, heightening concerns about the ongoing crisis in the Colorado River system. The alarming milestone at Lake Powell, reached Saturday, comes about a week after the river’s other major reservoir, Lake Mead, also hit a historic low. Plummeting water levels pose a major threat to the Colorado River Basin, which is a key resource for wildlife, hydropower and more than 40 million people in seven U.S. states. The historic lows come as the federal gover

Health|Political|World

Admiral praises USS Lincoln crew amid reports of worsening conditions during long deployment

The leader of U.S. Central Command, Admiral Brad Cooper, wrote on Sunday that his recent visit to the USS Abraham Lincoln was "awe-inspiring" and hailed the crew's "resilience" following reports of concerns about mental health and deteriorating conditions aboard the aircraft carrier.The ship has not made a port call in more than 200 days, setting a modern-day record for consecutive days at sea, according to Democratic lawmakers who have called for answers after sailors' families raised concerns about worsening conditions on the Lincoln. Cooper wrote in a statement posted on social media on S

‘Uncharted territory’: Second-largest reservoir in US plunges to a record low

Hurricane Lala leaves thousands without power in Hawaii amid 'life-threatening' conditions

Environment|World

Tens of thousands without power and more than 100 homes damaged as Tropical Storm Lala moves away from Hawaii

Tropical Storm Lala, which brought dangerous flooding, strong winds and a massive power outage throughout Hawaii, is beginning to exit the islands as the eye starts to pull away from Kauai.More than 150,000 customers are still without power across the islands Sunday night after hurricane-force wind gusts were reported in Hawaii, Honolulu and Maui counties.At least 100 homes were damaged and lost in the storm, Hawaii Gov. Josh Green said during a Sunday news conference.In an update early Sunday, Mayor of Hawaii County Kimo Alameda said some homes were swept off their foundations and that the co

Crime|Education|Opinion|World

The debate over Jason Arday’s life continues – just as viciously - despite his death at 41

Jason Arday, the youngest Black professor in the University of Cambridge’s 817-year history, is dead. But the intense public debate over his life and work, and what it means for a society grappling with multiculturalism, is continuing - perhaps even more furiously.Arday’s death, on Friday aged 41, followed mounting pressure from the UK and international media probing every aspect of his life. The questioning spanned everything from his academic record, to claims he was mute until he was 11 and even his athleticism following his claim that he once ran 30 marathons in 35 days.His family blam

1 killed, 4 injured in shooting at park in Kentucky

Kushner has a rare meeting with Hamas' leader on the Gaza road map. A meeting with Netanyahu is next

Latest

Hurricane Lala leaves thousands without power in Hawaii amid 'life-threatening' conditions

Business|Economy|Political|World

Republicans worry their chances of keeping Congress are slipping away. Inside the Trump campaign plan to change that

Economy|Education|Health|Political|World

The life-altering choices immigrant families are making under Trump’s crackdown

Economy|Education|Health|Political|Science

Trump’s vaccine order is counterproductive and ‘wrong on so many levels,’ GOP lawmaker says

Crime|Education|Political|World

While Taliban leaders mark 5 years in power in Afghanistan, a UN official warns of a rights crisis

Taliban rulers have celebrated the fifth anniversary of their return to power in Afghanistan

Africa|Health|Political|World

The world’s oldest president left for a ‘brief stay’ in Europe. He hasn’t returned in two months

Business|Crime|Economy|World

UAE says Iran attacked ADNOC vessel in Hormuz, urges waterway's reopening

Taliban mark five years in power as aid groups warn of crisis

The Taliban marked five years in power on Saturday, seeking to portray their government as in control even as aid and rights

Business|Political|Science|Technology|World

‘Very outdated’: Trump’s directive to revert to steam catapults on new aircraft carrier baffles naval experts

Business|Economy|Sports|World

Bezos and Saverin join a consortium buying a minority stake in Liverpool

A consortium containing Amazon founder Jeff Bezos and Facebook co-founder Eduardo Saverin is buying a minority stake in Premier League club Liverpool

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