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Jefferies Financial Group Faces Major Losses in First Brands Bankruptcy

Jefferies Financial Group Faces Major Losses in First Brands Bankruptcy

BUSINESS - 10/8/2025

Jefferies Financial Group's fund has taken a massive hit, with nearly a quarter of its $3 billion trade finance portfolio tied to the now-bankrupt First Brands Group. The bank's total exposure reaches $161 million.

Texas Hill Country Floods: Search Efforts Continue Amid Grim Updates

Texas Hill Country Floods: Search Efforts Continue Amid Grim Updates

WORLD - 7/10/2025

The latest updates on the Texas Hill Country floods reveal a stagnant death toll but a growing number of missing persons. With 161 still unaccounted for, search efforts face mounting challenges as families await news.

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