Latest News
- Ontario NDP calls on Ford and Carney to purchase Stelco amid layoffs
- Bipartisan senators urge Trump to withdraw from Russian diesel deal
- Civil servant accused of fraud for holding multiple full-time jobs
- Researchers search Nikumaroro Island for Amelia Earhart’s plane wreckage
- Ukraine reports no advance warning of Russian missile strikes on Kyiv
- Russia launches renewed offensive in eastern Ukraine amid heavy fighting
- Air France to comply with Israeli restrictions on crew nationalities
- Worker dies following canopy collapse at Fairmont Winnipeg construction site
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
Ontario NDP calls on Ford and Carney to purchase Stelco amid layoffs
October 13, 2026
7:00 pm
Ontario NDP Leader Marit Stiles stated on Tuesday that public ownership of Stelco may be the sole option to prevent the loss of approximately 350 jobs, highlighting a critical development in the ongoing discussions regarding the company’s future employment outlook.
Bipartisan senators urge Trump to withdraw from Russian diesel deal
October 13, 2026
5:00 pm
A bipartisan group of senators has urged President Trump to withdraw from a diesel deal with Russian President Vladimir Putin, claiming it undermines US security and betrays Ukraine. The senators argue that allowing Russian diesel sales will provide negligible relief to American consumers and generate funds for Russia’s military activities.
Civil servant accused of fraud for holding multiple full-time jobs
October 13, 2026
4:00 pm
Kashim Chowdhury, a 55-year-old civil servant, stands trial at Southwark Crown Court, accused of fraudulently holding multiple full-time positions simultaneously. Prosecutors allege he earned nearly £350,000 from eight employers between February 2020 and September 2023, while claiming to work from home due to caring for his mother.
Researchers search Nikumaroro Island for Amelia Earhart’s plane wreckage
October 13, 2026
3:00 pm
Researchers from the Archaeological Legacy Institute and Purdue University are searching Nikumaroro Island for potential wreckage of Amelia Earhart’s plane, following satellite imagery findings.
Ukraine reports no advance warning of Russian missile strikes on Kyiv
October 13, 2026
1:00 pm
Russian ballistic missiles struck Kyiv on Monday night, with no advance air-raid warning provided to residents. President Volodymyr Zelenskyy emphasised the critical need for timely intelligence to save civilian lives, amid speculation regarding potential US intelligence-sharing cuts, which both Ukrainian and European officials have disputed.
Russia launches renewed offensive in eastern Ukraine amid heavy fighting
October 13, 2026
11:00 am
ROLLERCOASTER TRAGEDY
One person has died and several others were injured in a rollercoaster incident at Six Flags overnight.
Ride closures are in effect across multiple states following the accident.
Like this article?
News Desk
Leave a comment
© 2026 WTX News.