Latest News
- Experts warn of increasing risk of glacier collapses and related floods
- Switzerland plans military drone battalion by 2028 amid rearmament trend
- US Postal Service implements mail-in ballot restrictions ahead of elections
- Partial lunar eclipse to be visible across central and eastern Canada
- Trump signs executive order to rename Lake Ontario as Lake America
- Last photograph of British tour group missing after crossing into Nepal
- Eastern Flank commissioners urge eu to enhance security against Russia
- Bearspaw feeder main replacement nearing completion on schedule and budget
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
Experts warn of increasing risk of glacier collapses and related floods
August 27, 2026
11:00 pm
A catastrophic flood caused by an ice avalanche in the Himalayas has resulted in at least 359 deaths and over 1,000 people reported missing, including British tourists.
Switzerland plans military drone battalion by 2028 amid rearmament trend
August 27, 2026
10:00 pm
Switzerland plans to establish a military drone battalion by 2028, according to a defence ministry statement. This initiative aims to enhance reconnaissance, operations, and defence capabilities, supported by a new recruitment and training programme as well as a civilian-military centre focused on drones and robotics.
US Postal Service implements mail-in ballot restrictions ahead of elections
August 27, 2026
9:00 pm
New mail-in ballot restrictions from the US Postal Service are now in effect following a Supreme Court ruling that supports changes initiated by former President Donald Trump. Legal challenges from 24 states argue the rules could cause significant harm and claim they are unconstitutional.
Partial lunar eclipse to be visible across central and eastern Canada
August 27, 2026
8:25 pm
A lunar eclipse will peak at 10:10 p.m. mountain time and 12:10 a.m. eastern standard time, with optimal visibility in central and eastern Canada. Celestial events enthusiasts are encouraged to observe the phenomena during this timeframe.
Trump signs executive order to rename Lake Ontario as Lake America
August 27, 2026
7:00 pm
President Trump signed an executive order on Thursday to rename Lake Ontario to “Lake America,” following his earlier statements on social media. The order instructs Interior Secretary Doug Burgum to update federal records, although it cannot impose this name change internationally. Canada has yet to respond.
Last photograph of British tour group missing after crossing into Nepal
August 27, 2026
6:19 pm
At least 33 British tourists are unaccounted for after a glacier collapse triggered flash floods in Nepal, compounding concerns for 826 missing individuals.
Like this article?
News Desk
Leave a comment
© 2026 WTX News.