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27 August 2026

Morning news brief

Downunder Voices Newsroom

Source reporting: NPR News

Morning news brief

Trump faces mounting pressure at home and abroad, Meta and states agree to $17 billion settlement in child safety trial, death toll continues to rise after flash flood hit area of Nepal and China.

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27 August 2026

Global Steel Wire seeks fresh Santander terminal concession

Global Steel Wire has applied for a new five-year concession covering its steel-handling operation at the Port of Santander, with the Spanish gateway opening the proposal to competing projects. The Celsa group company is seeking 11,700 sq m of port land and 171. 25 m of berth frontage for a dedicated maritime-road terminal handling scrap, other …

Source: Splash247Original source

27 August 2026

Veritas books fresh ultramax pair at COSCO yard

Greek bulker owner Veritas Shipmanagement has returned to COSCO Shipping Heavy Industry in Zhoushan for another pair of ultramaxes, extending a newbuilding relationship with the Chinese yard that dates back to 2023. Local shipbrokers list Veritas as the buyer of two 64,000 dwt bulkers at COSCO Zhoushan for delivery in 2030. No contract price has …

Source: Splash247Original source

27 August 2026

How to Check In on Your 401(k) Fees

Tomi Um for ProPublica The rules governing your retirement plan may be changing. As we reported in July , President Donald Trump wants to encourage 401(k) plans to invest more in private equity, real estate and cryptocurrency, which can be complex and risky. To pave the way, the Department of Labor has proposed rules that would make it harder for employees to hold companies liable for how they oversee retirement plans. Employers are required to serve the best interests of their employees when choosing investment options. Under the proposed changes, a company that follows a certain process would get the benefit of the doubt in court, making it harder for workers to sue over the management of their 401(k).

Source: ProPublicaOriginal source