Standard Digital Weekend Print + Standard Digital wasnow 69 € per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+
A key is seen in front of a computer screen displaying the Airbnb logo in Ankara, Turkey, on Nov. 22, 2023. Dilara Irem Sancar | Anadolu | Getty Images Check out the companies making headlines in extended trading: Airbnb — The hoteling company issued disappointing forward guidance, dragging shares down 8%. Airbnb said second-quarter revenue
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shares in Arm dropped by about 8 per cent after the UK chip designer issued lacklustre projections for revenue this year, raising concerns that spending by tech companies on artificial intelligence hardware could slow down.
Municipal triple-A yield curves were little changed Wednesday as the primary market demanded investor attention and were well received. U.S. Treasuries were weaker, and equities ended mixed. Several large new-issues priced led by $1.018 billion of the University of Chicago revenue bonds from the Illinois Finance Authority (Aa2/AA-/AA+/), with yields bumped seven to 15 basis
The California Supreme Court heard arguments Wednesday in a case brought by the state’s Democratic leaders that would block a sweeping anti-tax measure from November’s ballot. The initiative, called the Taxpayer Protection and Government Accountability Act (TPA), would amend the California constitutional rules governing how the state and local governments can impose taxes, fees and
An Oklahoma judge issued a temporary injunction preventing enforcement of a state law that led to four investment banks being banned from underwriting municipal bonds and the targeting of other financial firms for divestment purposes. Tuesday’s ruling came in a lawsuit filed last year against Oklahoma Treasurer Todd Russ by a state pension recipient who
A House Budget Committee hearing on Wednesday drew out two sides of thinking during a debate on the economic effects of immigration as the Republican majority hammered away on the costs. “The Federation for American Immigration Reform has done a great job,” said Committee Chairman, Jodey Arrington R- Texas. ”Studies suggest this cost is upwards of $400
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A company controlled by hedge fund manager Sir Paul Marshall has lost a legal battle with the South African government over $43mn of silver bars recovered from a second world war wreck in the Indian
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Ukraine is to start recruiting prisoners to fight against Russia under a new law designed to bolster its frontline forces, including with men convicted of murder or fraud. Using a tactic Moscow has relied
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. EU countries have agreed to use an estimated €3bn in profits arising from Russia’s frozen state assets to jointly buy weapons for Ukraine. The deal struck by the bloc’s 27 ambassadors on Wednesday only
Municipal market advocates are urging the U.S. Treasury Department to fill a long-vacant position for an in-house municipal market expert as Washington heads into into a key tax policy discussion next year. “If we’re about to have another round” of tax talks “and there’s no one in Treasury who can be a resource of information
Standard Digital Weekend Print + Standard Digital wasnow 89 € per month Billed Quarterly at 265 €. Complete digital access plus the FT newspaper delivered Monday-Saturday. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The British government said on Wednesday that it was expelling Russia’s defence attaché for spying, removing diplomatic status from properties in the UK that it believes Moscow has used to gather intelligence, and limiting the
United Airlines Holdings Inc. and American Airlines Group Inc. have reached an agreement to press ahead with an $8.5 billion revamp of Chicago’s O’Hare International Airport, the world’s fourth busiest airport. The deal comes after months of disagreements over ballooning costs for the project, which was first announced in 2018. In separate statements, the dual
The flow of crucial food and medicine into the Gaza Strip — already severely constricted by eight months of war — has slowed to a trickle after Israeli troops moved into Rafah this week and halted traffic at two major border crossings. The UN has only 15,000 litres of fuel left for generators — including
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK Prime Minister Rishi Sunak’s hopes of reviving flagging Tory spirits were dealt a blow on Wednesday after Natalie Elphicke became the second Conservative MP in as many weeks to defect to the Labour party.
Donald Trump has been talking differently about abortion lately. The former president, who once promised to sign a federal ban into law, now insists that, if reelected, he would let each state chart its own course on the issue. Some states might ban all abortions, try to restrict pregnant womens out-of-state travel, or perhaps even
If it seems like there’s a McDonald’s everywhere you go, that’s because there is almost There were about 41,800 locations of the chain restaurant in the world in 2023, according to Statista via Chowhound. To be exact, there were 41,822 locations — an increase from 2022’s count of around 40,200. And McDonald’s isn’t done growing.
New Yorks wobbly office market, limping from a record-high 20% vacancy rate and loss of some tenants to lower-tax South Florida, has more competition to worry about: Boca Raton. The once-sleepy Sunshine State city of 100,000 between Fort Lauderdale and West Palm Beach is surging with new office development and amenities to support it. Boca Raton is
Apple unveiled a more powerful — and more expensive — iPad on Tuesday as the tech giant looks to reverse a lengthy sales slump for the gadgets. The Cupertino, Calif.-based firm debuted new versions of its flagship iPad Pro and its more affordable iPad Air at an online event that Apple CEO Tim Cook referred
Raspberry Pi Connect — Raspberry Pis get a built-in remote access tool: Raspberry Pi Connect Reach your little Pis from nearly any browserand free up your RealVNC slots. Kevin Purdy – May 7, 2024 9:30 pm UTC Enlarge / Raspberry Pi Connect looks like a good reason to make a Pi account, at least if