Two Stanford graduate students have raised $2 million to launch Breakthrough Ventures, a nationwide accelerator designed to fund and mentor student-founded companies, addressing the historic lack of capital and networks for young entrepreneurs.
The Coast Guard has identified the seven individuals lost when the fishing vessel Lily Jean sank off the Massachusetts coast. As the community gathers to mourn, officials warn a complex investigation into the cause could take months.
The severe winter storm Fern, leaving nearly a million customers without power, has starkly highlighted the U.S. electrical grid's persistent vulnerabilities. This comes despite repeated warnings from reliability monitors about the system's growing strain.
Newly released court documents expose how former British ambassador to the U.S., Lord Peter Mandelson, shared sensitive government information with Jeffrey Epstein, including advance notice of a major Eurozone bailout. The revelations have forced his resignation from the Labour Party and intensified scrutiny of Prime Minister Keir Starmer's judgment.
Fifth Third Bancorp has finalized its acquisition of Comerica Incorporated, a move that consolidates the Midwest banking landscape and creates the nation's ninth-largest bank with nearly $300 billion in assets.
Franklin Templeton has launched the Templeton Emerging Markets Debt ETF (TEMD), aiming to give investors targeted exposure to both hard and local currency debt from developing economies, capitalizing on the asset class's recent strong performance.
UPS's ambitious free cash flow target for 2026 appears to secure its hefty dividend, but a closer look reveals reliance on asset sales, deep cost cuts, and reduced capital investment—a strategy that may be mortgaging its long-term expansion.
Fifth Third Bancorp has finalized its $12.3 billion acquisition of Comerica Bank, with customer system conversions and branch rebranding scheduled to begin after Labor Day. The deal reshapes Michigan's banking landscape and creates the nation's ninth-largest bank.
A historic winter storm has plunged American Airlines into its worst weather-related crisis, stranding crews and passengers while wiping up to $200 million from its revenue, exposing deep-seated recovery challenges.
A company linked to a key UAE national security adviser, Sheikh Tahnoon bin Zayed Al Nahyan, secured a 49% equity stake in World Liberty Financial, the Trump family's flagship crypto firm, just days before President Trump's 2025 inauguration. The investment raises fresh questions about the intersection of foreign capital, presidential family businesses, and U.S. policy.
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%.
The rapid adoption of algorithmic decision-making in UK banks has created a critical lag in oversight and accountability structures, leaving institutions exposed to risks that traditional governance models are ill-equipped to manage.
Porsche's highly anticipated electric 718 Cayman and Boxster face potential cancellation under new leadership, with insiders citing cost overruns and development hurdles amid shifting market dynamics.
The 106-year-old outdoor apparel brand, founded in Seattle in 1920, could see nearly 200 of its North American stores shuttered as its licensed operator moves toward Chapter 11 restructuring, though core brand operations are expected to continue.
Fifth Third Bancorp has finalized its $12.3 billion acquisition of Comerica Bank, with customer system conversions and branch rebranding to begin in September. The deal creates the ninth-largest U.S. bank and significantly expands Michigan's branch network, though some closures and layoffs are expected.
The quiet maneuvering between Carlyle Group, Russia's Lukoil, and the UAE reveals a fundamental shift in global energy finance. As Western sanctions redraw the map, a new playbook is emerging—one where assets are restructured, risks are repackaged, and geopolitical neutrality becomes a tradable commodity.
January 2026 saw dramatic swings across commodity markets, with precious metals soaring to record highs before a sharp correction, while energy commodities rallied on strong winter demand. The month underscored the sector's inherent volatility amid shifting seasonal and macroeconomic forces.
Thai military officials have revealed a massive cache of evidence, including scam scripts and fake police setups, seized from a contested border compound in Cambodia, shedding light on the scale of transnational cyber fraud operations in the region.
German federal prosecutors have arrested five individuals accused of operating a sophisticated smuggling network that allegedly funneled millions of euros worth of dual-use goods to Russian defense firms, in violation of EU sanctions imposed after the invasion of Ukraine.
A Wall Street Journal report reveals a major investment by UAE's Sheikh Tahnoon bin Zayed Al Nahyan in a Trump-linked cryptocurrency company days before the 2024 inauguration, followed by a reversal of U.S. policy on advanced AI chip exports to the UAE.
