Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Donald Trump enters a pivotal week in the 2024 presidential race with momentum as he prepares to lock up the Republican nomination, while Joe Biden tries to ease mounting concerns about his candidacy with a
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel has “basically signed on” to a six-week ceasefire that would be used to facilitate a second round of swaps of Israeli hostages for Palestinian prisoners, a senior US administration official said. Several hurdles remain
Georgia Gov. Brian Kemp on Thursday signed the state’s $37.5 billion amended fiscal 2024 budget, $5 billion more than the original plan passed last year. “I am proud to sign a budget that further invests in our priorities of public safety, education and workforce development, and strengthened infrastructure to keep Georgia the best state to
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Joe Biden rebuked Israel on Friday, saying it had “no excuses” for not letting more aid into Gaza as he announced the US will soon begin airdropping food into the enclave. Biden’s announcement and criticism
Global exports from Kentucky rose 16.6% year-over-year to a record high of $40.2 billion in 2023, as more products made in the Bluegrass State were shipped around the world. Aerospace products and parts led the state’s exports by category in 2023, according to data released by the U.S. Census Bureau, Foreign Trade Division and WISERTrade.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Attorneys for shareholders who defeated Elon Musk’s $56bn Tesla pay package have asked a Delaware state court to award them shares in the electric vehicle maker worth nearly $6bn as payment. In a filing with
Hawaii lawmakers grilled the budget director Thursday as recovery costs for the Maui wildfire are coming in double expectations, putting the budget at risk. During a hearing before the Senate Ways and Means Committee, Budget Director Luis Salaveria was asked when Gov. Josh Green’s administration realized costs to temporarily house people displaced by the fire
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Elon Musk has filed a lawsuit against OpenAI and its chief executive Sam Altman, alleging the ChatGPT-maker’s multibillion-dollar alliance with Microsoft has compromised the start-up’s original mission of building artificial intelligence systems for the benefit
A wave of tax cuts that states passed amid COVID-related surpluses may prove a financial problem for the medium and long term, analysts said Thursday. “The examination of states’ post-pandemic fiscal trajectories reveals a concerning trend: revenue growth has decelerated in many states and the implementation of permanent tax cuts could leave some with depleted
In this article Follow your favorite stocksCREATE FREE ACCOUNT Chesnot | Getty Images Retail traders appear to be using a new tool during this huge rally for bitcoin — exchange-traded funds. The funds, which launched last month, have seen their trading volume surge this week as bitcoin continues to climb. For example, the iShares Bitcoin
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Western nations have expressed concerns about Russia potentially attempting to rekindle a frozen conflict in Moldova on the border with Ukraine. In a rare move, the leadership of the breakaway region of Transnistria on Wednesday
A bill that includes additional bonding authority for a University of Utah Health medical campus project hit with ballooning costs passed the legislature Wednesday. A provision in Senate Bill 241 would increase the amount of revenue bonds for the West Valley Health and Community Center to $800 million from $400 million. The University of Utah
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Vladimir Putin has said that western support for Ukraine risks triggering a global war, in his most explicit threat to use nuclear weapons since he ordered the full-scale invasion of Ukraine two years ago.
The Biden administration is expected to announce a $1.5 billion federal loan to repower a shuttered Michigan nuclear plant, marking a first for the U.S. as the administration’s seeks to move the country toward 100% carbon-free power in the coming decades. The Palisades power plant in southwest Michigan, owned now by Holtec International, was decommissioned
In this article 2007-HK Follow your favorite stocksCREATE FREE ACCOUNT Aerial photo shows a Country Garden residential area in Nanjing, East China’s Jiangsu province, Feb 5, 2024. Future Publishing via Getty Images Future Publishing | Future Publishing | Getty Images China’s Country Garden Holdings said Wednesday it received a liquidation petition filed by one of
In this photo illustration, the Webull Financial logo seen displayed on a smartphone screen. Rafael Henrique | SOPA Images | LightRocket | Getty Images Webull is planning to go public through merging with a special purpose acquisition company in a deal that values the digital investing platform at $7.3 billion. The New York-based online brokerage
A New York judge has denied Donald Trump’s request to temporarily stop the state’s attorney-general from collecting on a $450mn judgment against the former US president as he appeals against the civil fraud ruling. The decision on Wednesday means Trump will have to find hundreds of millions of dollars to deposit with the court, or
Norton Rose Fulbright hired public finance lawyers Alison Radecki as a partner and Helen Pennock as a senior counsel. Both will work in the firm’s New York City office and formerly worked at Orrick, Herrington & Sutcliffe. They are licensed to practice in New York. Radecki has more than two decades of experience helping issuers
Beyond Meat shares doubled in extended trade after the meat-free burger maker promised “steep” cuts to its operating costs in 2024 and to charge more for its plant-based products. Shares of the company, which are highly shorted, briefly doubled in after-hours trading on Tuesday to a six-month high, before cooling to a gain of about
Broker dealers are divided over whether small firms should be dealt more relaxed regulation and compliance standards, or be subject to uniform standards that treat large Wall Street banks and single person firms the same in the eyes of the Municipal Securities Rulemaking Board. The dueling sentiments came through in response to the MSRB’s request
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