American private investment firm
President Trump has named Keith Sonderling, acting labor secretary, to take the role permanently. The nomination awaits Senate confirmation as concerns over past actions at the Labor Department surface. Reports outline Sonderling’s prior roles, including deputy labor secretary and EEOC member, and note challenges tied to Lori Chavez-DeRemer’s resignation.
SK Hynix has raised $26.5bn by selling 177.9m American depositary receipts at $149 each, in the largest-ever US share sale by a foreign company. Its ADRs have begun trading on Nasdaq under temporary ticker SKHYV and will convert to SKHY; the company is using proceeds to expand fabs, packaging and EUV capacity as AI-driven memory demand surges.
AGoogle‑reported campaign shows hackers using voice phishing to target private equity firms, law firms and ratings agencies, stealing passwords and MFA codes via spoofed help desks. Several victims reportedly paid ransoms; researchers warn that the human element remains the biggest weakness in corporate security.