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Romanian Defense Ministry said it shot down a drone that violated its airspace.

2026-08-16

Romanian Defense Ministry said it shot down a drone that violated its airspace.

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2026-08-16

As of Aug. 15 local time, Indiana officials said storms and flooding that swept the U.S. state this week have killed at least five people. Heavy rain over the past week pushed several rivers to record highs and forced residents onto higher ground. Mo

As of Aug. 15 local time, Indiana officials said storms and flooding that swept the U.S. state this week have killed at least five people. Heavy rain over the past week pushed several rivers to record highs and forced residents onto higher ground. More than a dozen counties have declared local disaster; the latest damage is concentrated along the river corridor from Hamilton County into Indianapolis’ northern suburbs.
2026-08-16

Investors were already concerned about roughly $70 billion of off‑balance‑sheet "shadow liabilities" that could surface ahead of NVIDIA's announcement this week of a high‑profile $500 billion financing partnership. NVIDIA may provide tens of billions

Investors were already concerned about roughly $70 billion of off‑balance‑sheet "shadow liabilities" that could surface ahead of NVIDIA's announcement this week of a high‑profile $500 billion financing partnership. NVIDIA may provide tens of billions of dollars in residual‑value support to back tied debt to AI infrastructure, effectively using its stronger credit to lower customers' financing costs; Broadcom and other chipmakers are using similar guarantee structures. These deals typically use an SPV to borrow to buy chips, with loans secured by cash flows from contracts; assets are re‑leased or sold if a borrower stops paying and the guarantor fills any deficit. Some investors say the arrangements amount to financial engineering that can mask true liabilities. DoubleLine portfolio manager Mariya Entina warned the structures seek favorable treatment from ratings agencies and can obscure companies' real financial positions.
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