As employers recognize the link between employee health and productivity, office wellness programs and initiatives are evolving from a mere perk to a fundamental part of workplace culture and design. Extending beyond the traditional scope of healthcare, these amenities include a holistic approach towards physical, mental, and emotional health that tenants have come to expect—and
0 Comments
Declining enrollment and fiscal constraints were cited by Moody’s Investors Service in a one-notch downgrade of Issaquah School District 411 in King County, Washington. The school district’s outlook was also revised to stable from negative, according to Monday’s ratings report. The district has roughly $670 million of general obligation unlimited tax (GOULT) debt. The Moody’s
0 Comments
Saudi Arabia’s sovereign wealth fund has taken a stake in London’s Heathrow airport as the Spanish infrastructure group Ferrovial offloads shares in the UK’s main travel hub that it has owned for 17 years. The stake has been purchased by Ardian, a European private equity group, and the Public Investment Fund, Ferrovial said late on
0 Comments
The Utah Associated Municipal Power Systems has dropped plans to build a first-of-its-kind nuclear plant amid dwindling support from cities on the hook to pay for the electricity. UAMPS, comprised of 50 municipally owned power systems across six Western states, was working with Oregon-based NuScale Power, LLC, to launch the nation’s first small modular reactor
0 Comments
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel and Hamas are set for a fifth consecutive transfer of hostages and prisoners after the warring sides agreed to extend a pause in fighting for an additional 48 hours.  Under an extension of what
0 Comments
The explosive growth and success of Binance outside of the control of traditional financial and political establishments led to heavy-handed enforcement actions against the exchange, according to former BitMEX CEO Arthur Hayes.  Hayes delved into the recent $4.3 billion settlement paid out by Binance in a lengthy Substack blog. This comes after the exchange and
0 Comments
A new Biden administration rule requiring states to reduce transportation-related carbon emissions, which could affect infrastructure spending, faces opposition from states and Congressional Republicans. The rule, finalized last Wednesday, requires state departments of transportation and metropolitan planning organizations to measure greenhouse gas emissions from vehicles and implement targets to reduce the emissions. It’s part of
0 Comments
European Central Bank (ECB) president and prominent Bitcoin (BTC) critic Christine Lagarde has shared a family story about unsuccessful cryptocurrency investments, according to a report from Reuters. Lagarde told students at a town hall in Frankfurt on Nov. 24 that her son lost “almost all” of his investments in crypto assets, despite persistent warnings, Reuters reported. “He
0 Comments