A second major winter storm in as many weeks has crippled logistics across the Southeast, leading to massive service suspensions, a deadly 100-car pileup, and worsening a freight backlog that saw volumes plummet over 55%.
MTF Enterprises, a major operator of 43 Subway restaurants across four states, has filed for Chapter 11 bankruptcy, citing unsustainable debt burdens from merchant cash advance loans. The move highlights ongoing pressures within the franchise sector.
The Long Island-based lender has posted its first quarterly profit since a surprise loss in 2023, marking a pivotal turnaround driven by a strategic shift away from troubled CRE loans and toward commercial and industrial lending.
The CrossCurve decentralized finance protocol has suffered a $3 million exploit through a vulnerability in its cross-chain bridge, contributing to a devastating start to 2026 that has seen nearly $400 million stolen from the crypto sector.
Laura Fernández, former chief of staff to President Rodrigo Chaves, holds a commanding lead and could secure an outright victory, promising to double down on the incumbent's hardline security agenda.
As artificial intelligence drives an unprecedented surge in electricity demand, one utility company—Constellation Energy—is uniquely positioned with its vast nuclear fleet to meet the need, turning an industry-wide bottleneck into a significant growth opportunity.
As Nvidia's Blackwell and Rubin chips push power densities to unprecedented levels, the $4 trillion AI revolution faces a formidable physical constraint: heat. Vertiv Holdings, a critical infrastructure provider, is emerging as an essential player in solving this thermal challenge, with surging demand signaling a major shift in data center economics.
Damascus has declared its intention to permanently close the sprawling al-Hol and Roj displacement camps in northeast Syria, which house over 28,000 people connected to the Islamic State. The move, confirmed by officials and aid groups, sparks urgent debate about the future of detainees, including foreign nationals.
Newly released body camera footage shows the moments leading to the police shooting of a 22-year-old man experiencing a mental health crisis in his Queens home. As the district attorney considers charges, Mayor Zohran Mamdani urges a focus on treatment, reigniting debate over emergency response protocols.
A global financial watchdog warns that record hedge fund leverage in government bond markets, concentrated in the $16tn repo market, has created a dangerous vulnerability that could trigger fire sales and a new crisis during economic stress.
In a pivotal phone conversation, U.S. President Donald Trump and Chinese President Xi Jinping addressed the escalating crisis in Iran, with Washington intensifying pressure on Beijing and other nations to sever ties with the Islamic Republic.
A major international study warns that economic models used by governments and investors are dangerously underestimating climate risks, potentially setting the stage for a systemic financial crisis as global temperatures rise.
The United Nations has issued a stark warning over Cuba's deepening crisis as severe fuel shortages trigger blackouts and price surges, with the U.S. threatening tariffs on nations that attempt to supply oil to the island.
The world's largest cryptocurrency exchange, Binance, has reported an increase in on-chain assets during a period of heightened social media-driven withdrawal pressure, framing the event as a successful stress test rather than a liquidity crisis.
A new analysis reveals the stark income gap facing working parents in the Washington, D.C. area, where the cost of childcare far outpaces typical household earnings, mirroring a national crisis.
A relentless barrage of storms has brought Spain and Portugal to a crisis point, with critical infrastructure failing and thousands evacuated as rivers and reservoirs threaten catastrophic overflow.
U.N. Secretary-General Antonio Guterres has issued his starkest warning yet, stating the organization faces an imminent cash crisis due to unpaid member fees, primarily from the United States, and an internal budget rule forcing the return of unspent funds.
A relentless two-week winter onslaught has buried northern Japan under historic snowdrifts, triggering a humanitarian crisis, widespread disruptions, and heightened avalanche risks as temperatures begin to rise.
Bitcoin's plunge to post-election lows underscores a deepening crisis, driven by regulatory uncertainty and shifting monetary policy expectations, with key firms like Strategy now facing critical tests.
Israel's suspension of patient transfers through the Rafah crossing coincides with overnight attacks killing at least 10 Palestinians, including children, further straining a fragile ceasefire and deepening Gaza's humanitarian crisis.
