Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Boeing withheld its usual financial guidance for the coming year and vowed to focus on the safety and quality of its operations, as the US plane maker tries to stem the fallout from a mid-air
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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. Rishi Sunak has hailed “the prospect of power-sharing back up and running” within days in Northern Ireland, as the UK government published details of a plan to revive the Stormont executive. The prime minister said
When Fitch Ratings this month downgraded Marshfield Clinic Health System, a nonprofit group of 11 hospitals based in central Wisconsin, to BBB from BBB-plus, it cited operating losses due in part to wage pressures from reliance on contract nurses and temporary physicians. The downgrade applied both to Marshfield’s issuer rating and the revenue bonds issued
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The difference between a Donald Trump or Joe Biden victory in November could be the future of the US republic. But it does not follow that a Biden second term would bring an end to
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rishi Sunak’s Conservative critics are not wrong. The prime minister is leading their party over a cliff. The only flaw in their analysis is the failure to see that their demands for extreme solutions are
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Brussels has made a last-minute offer to Hungary’s prime minister in a bid to secure his support for the bloc’s €50bn financial aid to Ukraine, amid frenzied diplomatic efforts to reach a deal at
The University of Arizona’s fiscal problems will be solved over the next 18 to 36 months as system-wide changes are made, according to school officials who are under pressure from Gov. Katie Hobbs to take action. In a presentation Monday to faculty and others, Arizona Board of Regents Chair Fred DuVal said two forensic firms
Prospective home buyers look from the balcony of a home for sale during an Open House in a neighborhood in Clarksburg, Maryland on September 3, 2023. Roberto Schmidt | AFP | Getty Images After rising for several weeks, mortgage demand fell last week as buyers faced increased competition for a limited supply of homes. Total
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Former UK chancellor George Osborne has joined the advisory council of cryptocurrency exchange Coinbase, as the company faces increasing regulatory scrutiny. The San Francisco-based exchange is expanding in jurisdictions ranging from Singapore to Bermuda, and
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. An Iraqi militia said it has suspended its operations against US troops in the region, days after three US soldiers were killed in a drone attack on a base in Jordan that Washington blamed on
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. In retrospect, it was personal. The fact that Elon Musk’s personal lawyer had acted as general counsel of Tesla made all the difference. On Monday, a Delaware corporate law court ruled that a 2018 remuneration
When Philippe Lazzarini, commissioner of the UN agency for Palestinian refugees, walked into a conference room in Tel Aviv on January 18, he did not realise the meeting would trigger the deepest crisis in the 75-year-old organisation’s history. The UN Relief and Works Agency for Palestine Refugees (UNRWA) had survived several wars, combative relations with
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. As winter grips Ukraine, its brave soldiers are enduring relentless Russian attacks with no indication that the war will stop anytime soon (“How Ukraine plans to survive 2024”, The Big Read, January 19). Ukraine’s
This is part of a series, “Economists Exchange”, featuring conversations between top FT commentators and leading economists The potential of generative artificial intelligence dominated discussions at Davos this month. Business leaders and policymakers are wondering if last year’s hype over large language models (LLMs), which fuelled a stock market rally, will actually be matched by
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The French government is pushing British ministers to provide loan guarantees for Hinkley Point C to try to ease EDF’s financing costs on Britain’s new flagship nuclear power station as its price tag has soared.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is a science commentator Witchweed, a parasitic plant, is scarier than any fictional triffid. It feasts on sorghum — a crop used across Africa for food, construction and industrial processing — by clinging
Elon Musk’s $55bn pay package from Tesla has been voided by a Delaware judge, who ruled that the unprecedented compensation was improperly approved by the automaker’s board of directors and had short-changed Tesla shareholders. The ruling, in a case brought by Tesla shareholders, ordered Musk to return the granted shares in a manoeuvre called rescission,
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Alphabet narrowly missed forecasts for growth in its advertising business, sending its shares down as much as 5.5 per cent in after-hours trading and overshadowing a strong final quarter of the year. Advertising revenue for
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Elon Musk’s $55bn pay package from Tesla has been voided by a Delaware judge, who ruled that the unprecedented remuneration was improperly approved by the electric-car maker’s board of directors and had short-changed the company’s
Municipals were slightly firmer Tuesday as new-issues from the New York Thruway Authority and the Massachusetts Development Finance Agency’s Children’s Hospital were well-received. U.S. Treasuries were mixed as were equities ahead of the Fed rates decision Wednesday. Triple-A yields were bumped one to four basis points, depending on the curve, while UST saw yields fall
The University of Washington’s outlook was revised to negative from stable by Moody’s Investors Service and its Aaa issuer rating affirmed ahead of its plans to issue tax-exempt revenue bonds next week. The negative outlook “was driven by the university’s thinning operating performance that reflects both expense pressures in the university’s own operations as well