Larry Lee

A Wisconsin family started with a dairy farm and found ways to diversify into many connected businesses to support several generations of their family. Kiley Pagel from the Pagel Family Businesses explains some of the avenues they’ve taken for success on today’s Managing for Profit

Sudan is facing an unprecedented famine crisis fueled by a devastating civil war and compounded by its government's decision to withdraw from a critical global hunger-monitoring system. A report released by the Integrated Food Security Phase Classification (IPC) on Tuesday confirmed that famine has spread to five areas in the country and is projected to extend to ten regions by May. The report described the situation as a "deepening and widening of the food and nutrition crisis" driven by conflict and limited humanitarian access.

In a historic development for Syria, rebel groups that long opposed the regime of Bashar al-Assad have agreed to disband and integrate under the nation's Defense Ministry, the transitional government announced on Tuesday. This move comes after the December 8 ousting of Assad, which ended decades of rule by his family and marked a turning point in the country's 13-year civil war.

A passenger plane operated by Azerbaijan Airlines has crashed near the city of Aktau in western Kazakhstan, with dozens feared dead. The Embraer 190 aircraft, carrying 67 people, including 5 crew members, was en route from Baku, Azerbaijan, to Grozny, Russia, when it went down.

Russia launched a devastating missile and drone barrage against Ukraine's energy infrastructure on Christmas Day, plunging cities into darkness and leaving hundreds of thousands without heat amid freezing temperatures. Ukrainian President Volodymyr Zelensky denounced the attacks as "inhumane," accusing Moscow of weaponizing the holiday to inflict maximum suffering.

Efforts to broker a ceasefire agreement between Israel and Hamas have stalled amid mutual accusations of sabotage, despite reports of progress in recent negotiations mediated by Qatar, Egypt, and the United States. The talks, which raised hopes for a phased agreement, have been overshadowed by a renewed war of words and escalating hostilities on the ground.

A Russian cargo ship, Ursa Major , sank in the Mediterranean Sea earlier this week, with its owner alleging the incident was a deliberate "act of terrorism." The ship went down in international waters between Spain and Algeria, leaving two crew members missing and prompting an investigation into the circumstances surrounding the event.

Israel's airstrike on a marked press van in central Gaza has drawn global condemnation after killing five Palestinian journalists working for the Al-Quds Today television channel. The attack occurred near the Al-Awda Hospital in the Nuseirat refugee camp, according to Palestinian authorities and media outlets. Footage from the scene showed the van, emblazoned with the word "press" in bold red letters, engulfed in flames.

Russia's Federal Security Service (FSB) announced on Thursday the arrests of four individuals accused of plotting to assassinate senior Russian military officers, alleging the scheme was orchestrated by Ukrainian intelligence. The development follows the recent high-profile killing of Lt. Gen. Igor Kirillov, an attack claimed by Ukraine that underscored the increasingly bold reach of the conflict into Russian territory.

A U.S. official, speaking anonymously to ABC News, revealed early signs that Russian air defense systems could have played a role in the tragedy, adding that confirmation would underscore "Russian recklessness" amid its ongoing invasion of Ukraine. Investigators from Azerbaijan, Kazakhstan, and Russia are collaborating to determine the exact cause of the crash, while the Kremlin urged against speculation. "It would be wrong to make hypotheses before investigators make their verdict," said Kremlin spokesperson Dmitry Peskov.