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Severe drought declared in six areas of England as reservoirs run low
England has declared severe drought in six areas including Devon, Cornwall, and Sussex, with some reservoirs at critically low levels threatening public water supplies following the nation’s hottest summer.
Huge tunnel proposed to tackle sewage blighting Lake Windermere
A £3.6bn proposal would construct a tunnel up to 12 miles long to stop sewage discharge into Windermere, England’s largest lake, addressing recurring algal blooming problems.
Thousands of homeowners face adjustable-rate mortgage resets — and much higher payments
About 150,000 homeowners with adjustable-rate mortgages face their first rate adjustment this year, with some experiencing monthly payment increases exceeding $1,000 as rates have risen since they obtained their loans.
College was supposed to be ‘good debt.’ For many borrowers, it isn’t paying off
More than 42 million Americans carry federal education debt totaling $1.7 trillion. Rising tuition costs, recent policy changes, and a volatile job market are making student loans increasingly risky financial investments.
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The ‘choose your own adventure’ earnings: Why retailers are handling tariff refunds so differently
Retailers are handling tariff refunds from a Supreme Court ruling inconsistently, with some using the money to lower prices while others boost shareholder earnings, creating confusion for Wall Street analysts.
American Airlines continues premium push with redesigned Boeing planes
American Airlines deployed its first retrofitted Boeing 777-300ER aircraft with premium seating, featuring 70 lie-flat suites and expanded premium cabin options for long-haul international routes.
Southwest to debut airport lounges in four cities, with more to come
Southwest Airlines announced plans to open airport lounges in Austin, Baltimore, Honolulu, and Nashville in late 2027, with additional locations planned across high-demand markets in subsequent years.
GM vs. Ford: U.S. defense, energy sectors add to automakers’ century-old rivalry
General Motors and Ford are expanding their rivalry beyond automobiles into U.S. military contracts and energy storage systems, seeking new growth opportunities as electric vehicle sales disappoint.
Ikea wins right to launch legal action against Belgian far-right party
Ikea won the right to pursue legal action against a Belgian far-right party that used the company’s branding in anti-immigration political materials, Europe’s highest court ruled.
Energy costs: Share Energy to increase electricity prices by 12.6%
Share Energy, a Northern Ireland electricity supplier, will increase tariff prices by 12.6% from 1 October, citing exceptional market volatility and rising wholesale costs.
JP Morgan boss Jamie Dimon warns UK chancellor against bank tax hike
JP Morgan CEO Jamie Dimon has warned UK Chancellor John Healey that raising taxes on banks could threaten investment and employment in the country ahead of an October budget.
Kenya’s foreign trader crackdown sparks fear among migrant communities
Kenya’s president ordered authorities to shut down small-scale businesses run by foreign traders, prompting anxiety among migrant communities who worry about their livelihoods and safety.
US to ban imports of some Canadian alcohol, dairy goods and motorbikes
The US will ban imports of Canadian alcoholic spirits, dairy products, and motorbikes beginning September 29, escalating trade tensions as Canada implements retaliatory tariffs.
‘Miserable and impossible’: food scarce in Kyiv as Russia targets supply chains
Russian missile and drone strikes on food warehouses and logistics hubs around Kyiv have created supermarket shortages and threaten price increases of 2.5% to 15% across Ukraine’s food sector.
Wednesday briefing: Inside sweeping UK sanctions on trade with Israeli settlements
UK Foreign Secretary Ed Miliband announced sanctions on Israeli settlements, marking the strongest government statement on Israel’s actions. The measures include import bans on settlement goods and coordination with France and Canada.
Bangladesh measles deaths surpass 1,000 after vaccination drive falls short
Bangladesh’s measles death toll has surpassed 1,000 children, with over 187,000 infections reported since the outbreak began in March, marking the world’s worst ongoing measles epidemic.