The Federal Aviation Administration on Thursday began transitioning Palm Beach International Airport to its new Donald J. Trump International Airport designation, changing the airport’s FAA locational identifier from PBI to DJT as the renaming officially took effect.

The name change was required under legislation signed by Florida Gov. Ron DeSantis on March 30, which renamed the airport and directed Palm Beach County to obtain the necessary federal approvals and begin implementing the transition.

Beginning Thursday, the FAA’s locational identifier is DJT, while the airport’s International Civil Aviation Organization (ICAO) identifier is KDJT. Those identifiers are used by pilots, air traffic controllers and aviation systems for flight planning, navigation and other operational purposes.

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Workers install the new road entrance signage at Palm Beach International Airport in Palm Beach County, Fla., on July 8, 2026. (USA Today Network via Reuters / Reuters)

The code passengers see on airline tickets, baggage tags and travel websites is different.

While the FAA’s operational identifier changed immediately, the transition will occur in phases.

According to the airport, travelers should continue using PBI when searching for flights, booking flights and checking baggage until Aug. 18, when the International Air Transport Association (IATA) is scheduled to implement the commercial code change to DJT. Airport officials said the change was initiated by IATA at the request of several airlines serving the airport.

Officials said the phased rollout is designed to ensure a smooth transition as airlines, reservation systems and airport partners update their platforms. Flights, airline schedules and airport services will continue operating normally throughout the transition.

Eric Trump, left, chats with state Rep. Meg Weinberger with Bettina Anderson and Donald Trump Jr., celebrating the name change to Donald J. Trump International Airport on July 9, 2026 in West Palm Beach, Fla. (USA Today Network via Reuters Connect / Reuters Photos)

Airport officials also emphasized that the renaming does not affect ownership or governance of the airport. Palm Beach County will continue overseeing airport operations, finances and strategic decisions, describing the transition as a branding change rather than an operational one.

Motorists are already beginning to see the new name. Florida Department of Transportation highway signs directing travelers to the airport have been updated, while airport officials said onsite signage and branding will be replaced in phases over time.

The airport also said local property taxes will not fund the transition. Instead, costs will be covered through airport revenues or other airport funding sources, with the possibility of additional state funding.

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One of the first high-profile arrivals following the transition was expected to be Eric Trump, whose aircraft, Trump Force One, was scheduled to land shortly after the new FAA identifier took effect. Ahead of the flight, Eric Trump celebrated the milestone on social media.

New exit signs on Interstate 95 have been changed to Donald J. Trump International Airport, on July 2, 2026 in West Palm Beach, Fla.  (USA Today Network via Reuters Connect / Reuters Photos)

“I am deeply honored that at 5:01 a.m., Trump Force One will be the first plane to land at the newly renamed Palm Beach International Airport — now and forever President Donald J. Trump International Airport (DJT),” he wrote. “There is no person who has done more for Florida and our country, and no one more deserving of this incredible honor.”

Eric Trump, who said he flies through the airport “nearly every day,” added that he would “forever be proud to see the initials ‘DJT’ on my boarding pass.

“Congratulations Dad — I’m happy to have played a big role in making this happen,” he wrote.

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Airport officials said they will continue providing updates through the airport’s website and social media channels as additional signage, branding and passenger-facing systems are updated in the coming weeks.

The UKHSA says there is ‘minimal risk’ to public health in the longer term but residents who are feeling ill from the smell should seek advice

A “rotten-egg stench” in a Wiltshire town that has plagued residents for more than a year exceeded the World Health Organisation’s odour ‘annoyance’ guidelines more than 100 times over a six-month period, it has been revealed.

The Environment Agency (EA) started monitoring the Hills Waste landfill site near Calne last year after thousands of people reported the “disgusting smell” and said it was causing headaches, nausea and dizziness.

In the last two months alone, more than 1,600 complaints have been made to the EA about the odour, which is known locally as the ‘Calne pong’ or ‘Calne stink’.

Between last October and April this year, the EA has been checking for levels of hydrogen sulphide – a toxic gas – methane and particulates at the site, at Lower Compton, and in residential areas nearby.

On Thursday, the UK Health Security Agency (UKHSA) released a report that found there was a “minimal risk” to human health in the longer term from gases escaping from the site amid growing concerns among residents.

But it revealed repeated instances during the sixth-month monitoring period, which is still ongoing, where odour levels exceeded World Health Organisation (WHO) guidelines.

According to WHO, an odour becomes an ‘annoyance’ at levels of 7 µg/m3 (or 0.005 parts per million) over a 30-minute averaging period.

People exposed to hydrogen sulphide above this level can start to feel temporary symptoms including headaches, nausea, dizziness, watery eyes, stuffy nose, irritated throat, cough, sleep problems and stress, particularly if they have a pre-existing respiratory condition, such as asthma.

It is understood any symptoms would likely disappear once the levels in the air have reduced down again.

The UKHSA report found that over six months, acceptable levels of hydrogen sulphide were exceeded on 106 occasions. The highest 30-minute average concentration was 69.3 µg/m³ – roughly 10 times higher than WHO recommends.

The UKHSA is now recommending that “all appropriate measures” are taken to reduce the off-site odours from the landfill site and reduce the impact on the local community.

But it is also advising residents of Calne to contact their doctor regarding individual health concerns. It is understood this will allow the NHS to have a better understanding of the impact of the landfill site on health.

“While there is no evidence of a toxicological risk, there is strong evidence of odour annoyance,” said Lucy McCann, consultant in health protection at UKHSA South West. “If you have concerns about your individual circumstances and require health advice, please contact your GP.”

Meanwhile, Hills Waste is understood to be co-operating fully with the EA and is working to change how waste at the site is covered up, including capping off sections that are causing problems. Business Live understands the work should be finished in July with the odour issues expected to decline afterwards.

The EA will continue to “regulate the site closely” once the work is finished and will take further enforcement action where necessary to ensure permit compliance and minimise environmental impacts, it said.

A spokesperson for Hills Waste said: “Hills welcomes the report from UKHSA regarding the monitoring of air quality in Calne and any effects on human health.

“Hills has been working with the environment agency consistently during that time. Since May, Hills has accelerated the rate at which completed areas of landfill have been clay capped. Hills is also increasing the number of gas wells at the landfill with captured emissions being used for the generation of electricity.”

‘It is unbearable’

Leigh Randell, who lives in Calne with his wife and daughter, said: “I have been to the doctor three times, so I have medicine to take now for the headaches.

“We are fed up. The stink yesterday afternoon smelt like decomposing rubbish. My wife and little girl have asthma and they are heavily affected. It affects their breathing. It’s just unbearable.”

The EA is planning to host a community drop-in event at Calne Town Hall on Tuesday, July 21, from 4pm to 7pm. The event will be attended by representatives from the EA, UKHSA, Wiltshire Council and Hills.

Ben Shayler, area environment manager at the EA, said: “This drop in event will give residents the opportunity to understand the work we are doing to regulate Hills, and ask questions of the agencies involved.

“We have taken extensive action to require Hills to address the source of the odour, and these works are now nearing completion.

“We will continue to regulate the site closely and monitor to ensure the works have been effective.”

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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Shares of GameStop Corp. fell Wednesday, trading at $21.82, down 38 cents, or 1.71 percent, a day after shareholders overwhelmingly approved a package of governance proposals designed to give the video game retailer greater flexibility to pursue its long-running attempt to acquire eBay.

Note: This article is intended to provide factual context and does not constitute financial advice. Readers should consult a licensed financial advisor before making investment decisions.

GameStop shareholders approved all proposals presented at the company’s 2026 Annual Meeting, held Tuesday at 10 a.m. Central time, including an amendment to the company’s certificate of incorporation increasing the number of authorized shares of Class A common stock to 2.5 billion. The amendment received the affirmative vote of 68.7 percent of votes cast, according to a company statement, giving GameStop expanded capacity to issue common stock in connection with strategic transactions, including its proposed acquisition of eBay. Shareholders also re-elected all five director nominees, approved an advisory vote on executive compensation, and ratified the company’s independent registered public accounting firm.

The share authorization increase is directly tied to GameStop’s continued pursuit of eBay, a deal that has developed in stages over recent months under the direction of GameStop chairman and chief executive Ryan Cohen. On May 3, GameStop delivered a non-binding proposal to eBay’s board of directors seeking to acquire all outstanding common stock of eBay that GameStop does not already own, at a price of $125 per share, to be paid through a combination of cash and GameStop common stock, a transaction that has been reported to be valued at approximately $56 billion.

GameStop’s position in the deal is already backed by a meaningful existing stake. According to company disclosures, GameStop directly holds 4,343,725 shares of eBay common stock, and has separately entered into a series of American-style put/call option transactions, expiring February 23, 2028, with an unaffiliated financial institution that provide economic exposure to an additional 39,046,658 shares of eBay stock. Those option arrangements were previously settleable only in cash, but following the satisfaction of a regulatory condition under the Hart-Scott-Rodino Antitrust Improvements Act on June 3, GameStop and its counterparty now have the option, though not the obligation, to settle the transactions through physical delivery of eBay shares rather than cash.

GameStop’s leadership has continued to publicly affirm its commitment to the deal despite eBay’s board having previously rejected the company’s takeover overture. Cohen has been vocal about his interest in the acquisition, telling reporters in early June, “I want to own eBay,” while outlining plans that would involve cutting costs at the e-commerce platform and positioning it as a more direct competitor to Amazon. GameStop reiterated in a late-June statement that its leadership remains focused on advancing the proposed acquisition, with additional transaction-related materials described as forthcoming.

Alongside the eBay pursuit, GameStop has continued to update investors on its broader financial outlook. In late June, the company said it currently expects to generate adjusted EBITDA in excess of $600 million for fiscal year 2026, the period ending January 30, 2027, compared with adjusted EBITDA of $345.4 million in fiscal year 2025, representing a significant projected improvement in the company’s underlying operating performance.

GameStop’s stock has remained a subject of active trading and analyst commentary throughout 2026, reflecting the company’s ongoing transformation under Cohen’s leadership. In addition to the eBay pursuit, GameStop has continued its long-running shift toward diversifying beyond its traditional brick-and-mortar video game retail business. The company began investing company cash in bitcoin last year, disclosing a purchase of 4,710 bitcoin as part of that broader strategy, while also continuing to close a significant number of underperforming physical retail locations, having shuttered 590 stores in 2024 alone with additional closures planned amid ongoing declines in traditional retail revenue.

The company has also taken steps to raise additional capital in recent weeks. According to Fox Business, GameStop’s sale of 75 million shares of common stock raised more than $2 billion in gross proceeds, funds that could support both the company’s ongoing digital asset strategy and its pursuit of eBay, depending on how the acquisition process ultimately unfolds.

GameStop’s approach to compensating its top executive has also drawn scrutiny in recent months. According to CNBC, Cohen previously agreed to forgo a proposed $35 billion pay package tied to specific performance milestones, even as questions remained about whether the company would ultimately be able to complete the eBay acquisition given the scale of financing required and eBay’s initial rejection of GameStop’s proposal.

GameStop, headquartered in Grapevine, Texas, and founded in 1996, operates as a specialty retailer of games, collectibles and entertainment products across the United States, Australia and Europe, selling new and pre-owned gaming platforms, accessories, software and digital content through both physical stores and e-commerce platforms. The company’s stock has remained a frequent subject of retail investor interest since its emergence as a prominent “meme stock” beginning in 2021, a dynamic that has continued to shape trading patterns and options activity around the stock through the current eBay acquisition saga.

Options market activity tracked by Cboe has shown fluctuating sentiment toward GameStop shares in recent weeks, with mixed positioning reflecting ongoing investor uncertainty about whether the eBay transaction will ultimately proceed and, if so, on what terms. Wednesday’s modest decline in GameStop shares came against a broader backdrop of market volatility tied to renewed geopolitical tensions between the United States and Iran, which weighed on major indexes and contributed to a generally risk-off tone across equity markets during the session.

With shareholder approval for the expanded share authorization now secured, GameStop has cleared one procedural hurdle in its pursuit of eBay, though the ultimate outcome of the proposed acquisition remains uncertain given eBay’s prior rejection of the company’s offer and the substantial scale of financing and regulatory approval that any completed transaction of this size would require. Investors are likely to continue monitoring further developments on the deal, along with GameStop’s broader financial performance and digital asset strategy, as the company works to advance what would represent one of the more unconventional corporate acquisitions in recent retail industry history.

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South Korea’s stock market has become one of the most closely watched in the world in 2026, with the benchmark KOSPI index nearly doubling since the start of the year at points before recent volatility, driven almost entirely by an unprecedented boom in memory semiconductor demand tied to global artificial intelligence infrastructure spending. Here is a look at five of the KOSPI’s most closely followed companies as investors weigh the opportunity and risk of Korea’s chip-driven rally.

Note: This article is intended to provide factual context for investors and does not constitute financial advice. Individuals should consult a licensed financial advisor before making investment decisions.

1. Samsung Electronics

Samsung remains the most recognizable name on the KOSPI and, until recently, its largest company by market capitalization. The world’s largest memory chipmaker posted a preliminary second-quarter 2026 operating profit of 89.4 trillion won, or roughly $58.6 billion, a nearly 19-fold increase from the prior year and a figure that exceeded even the highest single-quarter profits ever recorded by Nvidia or Apple. Samsung’s dominance stems from its leadership across DRAM, NAND and high-bandwidth memory production, with the company holding the largest DRAM production capacity in the industry at 650,000 to 700,000 wafers per month. Despite the historic results, Samsung shares fell sharply following the earnings announcement, part of a broader “sell the news” reaction across the sector, illustrating how quickly sentiment toward even the strongest-performing companies can shift once high expectations are already priced in.

2. SK Hynix

SK Hynix overtook Samsung Electronics in market capitalization for the first time in more than 25 years in late June, becoming South Korea’s largest listed company as the world’s second-largest memory chipmaker extended a winning streak tied to its dominant position in high-bandwidth memory, a critical component for AI data centers. SK Hynix shares have risen roughly six-fold since the start of 2025, according to market data, and the company has been exploring the issuance of new shares to help fund a planned U.S. listing of American depositary receipts, a move aimed at securing additional capital to expand its AI-related semiconductor production capacity. SK Hynix has also emerged as one of the most heavily weighted stocks tracked by international investors seeking exposure to the Korean chip sector.

3. Hyundai Motor

Beyond the semiconductor sector, Hyundai Motor represents one of the more prominent non-chip names among Korea’s largest listed companies, commonly cited by international analysts and index-tracking funds as a core holding for diversified exposure to the Korean market. As a global automaker with a substantial international manufacturing and export footprint, Hyundai offers investors a way to gain Korean market exposure that is less directly tied to the extreme volatility that has characterized the memory chip sector throughout 2026, though the stock remains subject to its own set of risks tied to global auto demand, currency fluctuations and the broader industry’s ongoing transition toward electric vehicles.

4. SK Square

SK Square, an investment holding company affiliated with the broader SK Group, has been identified by analysts including those at Macquarie as one of the firm’s top “memory-heavy” picks within the Korean market, alongside Samsung Electronics and SK Hynix. As a holding company with exposure to SK Hynix and other technology and telecommunications assets, SK Square offers a somewhat different avenue for investors seeking indirect exposure to Korea’s chip boom, though the stock has also shown significant volatility, at one point falling more than 13 percent during the sharpest single-day selloffs affecting the broader chip-heavy KOSPI index this year.

5. Samsung C&T

Samsung C&T, another company highlighted among Macquarie’s top Korean equity picks, serves as a diversified holding entity within the broader Samsung Group, with interests spanning construction, trading and investment activities, including a significant indirect stake in Samsung Electronics itself. Analysts have pointed to companies like Samsung C&T as one way for investors to gain exposure to the broader Samsung ecosystem, including its chip business, while potentially offering somewhat different risk characteristics than holding Samsung Electronics shares directly.

Beyond these five names, market strategists have offered a range of perspectives on the broader opportunity and risk landscape for Korean equities heading further into 2026. Macquarie’s Daniel Kim has argued that the “upside to memory prices is sizeable,” suggesting the market has not yet fully reflected current earnings potential into share prices, while also pointing to increased foreign fund flows into Korean equities following the lifting of the country’s short-selling ban in March 2025. Macquarie’s analysis projected that its coverage universe of 103 Korean stocks, representing roughly 70 percent of the combined KOSPI and KOSDAQ markets, could register 48 percent earnings-per-share growth in 2026, with Samsung and SK Hynix alone expected to account for 52 percent of total net profits and 68 percent of the overall profit increase across that coverage universe.

Despite the bullish long-term case many analysts have made for Korean equities, the sector’s extreme concentration in a small handful of chip-related names has produced significant volatility throughout 2026. The KOSPI plunged more than 12 percent in a single session in early March amid geopolitical tensions tied to the Iran conflict, before recovering. More recently, the index tumbled into bear market territory this week, falling more than 20 percent from its recent high after a disappointing market reaction to Samsung’s otherwise record-breaking earnings triggered a sharp, multi-day selloff across the country’s chip sector.

Analysts covering the Korean market have consistently flagged several key risks alongside the sector’s growth potential, including extreme concentration risk given that Samsung and SK Hynix together comprise roughly 40 to 45 percent of major Korea-focused index funds, geopolitical volatility tied to the country’s proximity to regional tensions, currency risk from fluctuations in the Korean won, and the inherent cyclicality of the memory chip market, where any disruption to current AI-driven demand could disproportionately affect Korean equities given their outsized weighting toward semiconductor manufacturers.

Given the concentrated nature of the KOSPI’s recent performance and the significant volatility the index has experienced across multiple sharp swings throughout 2026, individuals considering exposure to Korean equities, whether through direct investment in specific companies or through broader Korea-focused exchange-traded funds, are encouraged to carefully weigh their own risk tolerance and investment time horizon, and to consult a financial advisor given the elevated volatility and concentration risk that has characterized this market throughout the year.