Breaking NewsUpdated 5:40 PM ET
  1. Treasury Announces Record Penalties Against Bank of America — Treasury announced more than $1.21 billion in penalties against Bank of America over anti-money laundering and sanctions failures.
    Source: Virginia Times
  2. Maryland cracks down on juvenile car thefts with new multi-agency pilot programs — Gov. Wes Moore ordered new pilot programs in Montgomery County and Baltimore City aimed at stopping young people from stealing cars.
    Source: FOX 5 DC
  3. Citigroup turns cautious on US stocks as market exuberance flashes warning signs — Citigroup dropped its overweight call on US equities and closed a long position in an S&P 500 equal-weight index, saying market exuberance is flashing warning signs.
    Source: Reuters

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Bank of America logo

Treasury Announces Record Penalties Against Bank of America

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Treasury announced more than $1.21 billion in penalties against Bank of America, citing anti-money laundering and sanctions failures. The actions include a $1.2 billion FinCEN assessment, a $750 million OCC penalty and an $11.6 million OFAC settlement.
Illustration of President Donald Trump with the American flag
Trump on Truth SocialUpdated 3:00 PM ET
  1. Trump endorsed Jon Husted for U.S. Senate in Ohio — OHIO, VOTE FOR JON HUSTED FOR THE U.S. SENATE — HE IS A WINNER, A CHAMPION, AND A GREAT GUY. HE WILL NEVER LET YOU DOWN!
    Source: Truth Social
  2. Trump warns Houthis over attacks on Saudi Arabia, says 'I will never forget' — Trump claimed the Houthis are 'behaving very badly' and have emerged again 'probably at the behest of Iran,' hitting Saudi Arabia and 'purposefully trying to drive up Oil Prices' — 'I will never forget!'
    Source: Truth Social
  3. Trump dismisses claims China and Russia are helping Iran — Trump claimed China and Russia are not helping Iran, saying if they are, "it's at a very low level, but I don't believe they are at all. They have too much to lose."
    Source: Truth Social

Mamta Bhatt’s Mother, Friend Testify in Naresh Bhatt Trial

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Mamta Kafle Bhatt's mother and a close friend testified Thursday, Oct. 8, as officers described their investigation into her disappearance. Naresh Bhatt has pleaded not guilty to murder and two other charges.

LATEST BRIEFINGS

Virginia Times Daily News Briefing banner for October 13, 2026, featuring illustrations of the White House, Statue of Liberty, Virginia and a globe.

Daily News Briefing October 13, 2026

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Virginia Times' October 13 briefing: federal agents search Rep. Ilhan Omar's home, a judge orders a halt to taxpayer-funded Trump ads, Ukraine ties any refinery pause to Russia stopping energy strikes, and rescuers keep working in Nepal's Gorkha district.
Virginia Times Daily Recap banner for October 12, 2026, featuring illustrations of the White House, Statue of Liberty, Virginia and a globe.

Daily Recap October 12, 2026

Virginia Times Daily Recap banner for October 11, 2026, featuring illustrations of the White House, Statue of Liberty, Virginia and a globe.

Daily Recap October 11, 2026

Official portrait of Kimberly Guilfoyle, U.S. ambassador to Greece, wearing a black suit with a U.S. flag behind her

Guilfoyle Signals End of Greece Ambassadorship, Calls Allegations False

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Kimberly Guilfoyle wrote on X that her time as U.S. ambassador to Greece may be ending and called the allegations against her false. The post comes as Trump and Rubio weigh whether to fire her, according to The Associated Press.
FIA announcement graphic showing a Formula 1 car beneath the Rwandan flag with the text "RWANDA — SET TO WELCOME FORMULA 1."

Formula 1 Signs 10-Year Rwanda Deal for Return to Africa

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Formula 1 signed a 10-year agreement to race in Rwanda beginning in the early 2030s. The planned Bugesera circuit would bring the championship back to Africa for the first time since 1993.
Bank of America logo

Treasury Announces Record Penalties Against Bank of America

0
Treasury announced more than $1.21 billion in penalties against Bank of America, citing anti-money laundering and sanctions failures. The actions include a $1.2 billion FinCEN assessment, a $750 million OCC penalty and an $11.6 million OFAC settlement.
FIA announcement graphic showing a Formula 1 car beneath the Rwandan flag with the text "RWANDA — SET TO WELCOME FORMULA 1."

Formula 1 Signs 10-Year Rwanda Deal for Return to Africa

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Formula 1 signed a 10-year agreement to race in Rwanda beginning in the early 2030s. The planned Bugesera circuit would bring the championship back to Africa for the first time since 1993.

Veteran Indian Actor Nana Patekar Dies at 75 After Cardiac Arrest

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Nana Patekar died at 75 after a cardiac arrest at his Goa home, according to a hospital doctor. Maharashtra announced state honors as Prime Minister Narendra Modi and fellow actors remembered his work in Hindi and Marathi cinema.

At U.N. Panel, Countries Call for Steady Pandemic Funding

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Countries and health organizations called for sustained pandemic preparedness funding, stronger national health systems and wider access to medical supplies at a U.N. General Assembly panel.

In Nepal’s Flood Crisis, Sudhan Gurung Shows Why Presence Matters

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Nepal Police reported that 734 bodies had been recovered after the Aug. 26 flash flood. This opinion examines Home Minister Sudhan Gurung’s presence in affected areas, his engagement with rescuers and victims, and why that commitment must continue through the search, relief and rehabilitation.
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