Latest News
- Investigation launched into train derailment in Regina rail yard
- DOJ seeks to dismiss vandalism charges against David Hearn for Reflecting Pool damage
- Prince William pays tribute to climber Nirmal Purja who died in Pakistan avalanche
- Ceuta installs barriers to prevent further migrant influx amid crisis
- Trump criticises Justice Department for dismissing Reflecting Pool charges
- Lockdown in Pimicikamak Cree Nation after fatal shooting incident
- Trump issues ultimatum on Todd Blanche’s confirmation and anti-weaponisation fund
- Manhunt launched after suspect escapes custody van outside Liverpool court
Financial Times - Savers withdrew nearly $60bn from three US banks as Apple raises heat
Summary of the front page
The Financial Times says savers withdrew nearly $60bn from US banks Charles Schwab, State Street and M&T in the first quarter as customers moved their money in search of higher interest rates. Traditional banks could face further threat because of Apple and Goldman Sachs’ new savings account in the US that will pay 4.15% interest a year, it reports.
The paper’s main image is of Vladimir Kara-Murza, a Russian opposition activist, during a court hearing in Moscow where he was sentenced to 25 years in prison for treason.
Today's top stories
Investigation launched into train derailment in Regina rail yard
August 2, 2026
1:00 am
A train derailment involving approximately 13 rail cars occurred in Regina’s rail yard on Saturday morning. CPKC confirmed there were no injuries reported and the incident posed no risk to public safety.
DOJ seeks to dismiss vandalism charges against David Hearn for Reflecting Pool damage
August 1, 2026
11:00 pm
Federal prosecutors have requested the dismissal of charges against former U.S. Olympic canoeist David Hearn for allegedly damaging the Lincoln Memorial Reflecting Pool. New evidence indicates the damage was due to faulty installation by a contractor rather than vandalism.
Prince William pays tribute to climber Nirmal Purja who died in Pakistan avalanche
August 1, 2026
10:00 pm
Nirmal Purja, a renowned mountaineer, died in an avalanche on Broad Peak in Pakistan, along with other climbers, prompting tributes from Prince William.
Ceuta installs barriers to prevent further migrant influx amid crisis
August 1, 2026
9:00 pm
Ceuta authorities are restoring order after over 60,000 migrants crossed irregularly. Efforts include installing protective barriers to prevent further mass arrivals. Local businesses cautiously resume operations following a 24-hour lockdown, while residents and migrants alike navigate the ongoing effects of this unprecedented influx.
Trump criticises Justice Department for dismissing Reflecting Pool charges
August 1, 2026
8:00 pm
Donald Trump criticized the Department of Justice’s decision to drop charges against David Hearn, a former Olympic athlete, for alleged vandalism of the Lincoln Memorial Reflecting Pool. Trump’s statement followed US Attorney Jeanine Pirro’s claim that damage resulted from a flawed installation rather than vandalism.
Lockdown in Pimicikamak Cree Nation after fatal shooting incident
August 1, 2026
7:00 pm
The Pimicikamak Cree Nation in northern Manitoba is under lockdown following a fatal shooting. Residents have been advised to remain indoors as the Royal Canadian Mounted Police conduct an investigation into the incident.
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