K13 News — EDITION

Australia's oldest department store has entered voluntary administration after years of losses. Receivers FTI Consulting announced plans to shutter half its stores—19 locations across Australia and New Zealand—under an urgent restructure. More than 6,000 employees are at risk as closures affect smaller-format outlets, sparing flagship city stores. The move follows financial reviews by administrators and pressure from private equity owner Anchorage Capital seeking a leaner business model.

American actor Stacy Keach, renowned for portraying private eye Mike Hammer on television and celebrated for his stage work, has died at age 85 in Poland. His wife confirmed death followed a long struggle with heart failure; he previously suffered a cardiac event during a performance in Chicago in 2017. A former inmate of Reading Prison after being arrested in 1984 for cocaine smuggling, Keach reflected on that period as one of personal crisis.

In her new memoir, Sonia Gandhi recounts the trauma of losing both her mother-in-law Indira Gandhi and husband Rajiv Gandhi, detailing how personal grief shaped her political journey amid India’s shifting ideological landscape.

The National Institute of Economic and Social Research (NIESR) has criticized the Bank of England's cautious approach to inflation, stating that a small rate hike last week may extend elevated inflation in the UK beyond 2030. With oil prices rising since February due to the Iran conflict and consumer costs still climbing, the thinktank argues that without stronger action, inflation will remain above target for years.

Forecasters warn this year's El Niño could be one of the strongest on record, threatening heavy rains and flooding across Kenya. Residents in Nairobi’s informal settlements like Kibera face high risks due to inadequate drainage systems and proximity to rivers. Experts cite an 81% probability of a very strong El Niño during October–December 2026, with historical parallels drawn to the 1997–1998 event. The UN estimates nearly 900,000 people may need displacement due to flood-related threats.