BlackRock has laid off several employees as the firm’s municipal market division is in the midst of a reorganization. At least nine employees have been laid off, including portfolio managers, credit analysts and managing directors, said a source familiar with the departures. While BlackRock declined to comment on the layoffs, the firm “continuously organizes its
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Brussels will propose a ban on Russian funding of political parties, non-governmental organisations and think-tanks as part of a fresh round of sanctions aimed at crippling Moscow’s ability to pursue its war against Ukraine
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hamas has said it has broadly accepted a proposal to free dozens of Israeli hostages in exchange for Palestinian prisoners and a temporary ceasefire in its seven-month war with Israel. According to a statement on
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A sign advertising a home for sale is displayed outside of a Manhattan building on April 11, 2024 in New York City. Spencer Platt | Getty Images The dream of home ownership has gotten even further away for renters, with higher housing costs and elevated interest rates standing in the way of the American housing
Warren Buffett poses with Martin, the Geico gecko, ahead of the Berkshire Hathaway Annual Shareholder’s Meeting in Omaha, Nebraska on May 3rd, 2024. David A. Grogan | CNBC Berkshire Hathaway shares rose in premarket trading Monday after Warren Buffett’s conglomerate reported a surge in operating earnings as well as a record cash hoard. Berkshire’s Class A shares
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The judge overseeing Donald Trump’s Manhattan “hush money” trial threatened to jail the former president if he continued to harass witnesses and jurors, after concluding that fines had failed to deter the defendant from repeatedly
Illinois will issue $1.8 billion of general obligation bonds — $250 million taxable Series 2024A and $1.55 billion tax-exempt Series 2024B — to fund accelerated pension benefit payments and capital expenditures through the Rebuild Illinois program. The fixed-rate bonds are expected to price this week. Jefferies, Siebert Williams Shank and Barclays are joint senior managers
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Columbia University has cancelled its main graduation ceremony planned for next week amid rising concerns that continued pro-Palestinian student protests across the US could pose safety concerns on American campuses. Columbia said it would abandon its
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Imagine making an offer on a house but only on condition that the owners demolish part of it first. That is a rough analogy for BHP’s £31bn offer for rival miner Anglo American, which includes
Companies don’t want to move to Pennsylvania, Gov. Josh Shapiro said in his budget address. Mainly, because it’s too hard to move in. Intel notoriously passed over Pennsylvania for Ohio for a $20 billion factory back in 2022 — “I’m sick and tired of losing to friggin’ Ohio,” Shapiro said in his speech — and
The Israeli military has told tens of thousands of Palestinians to leave the southern Gazan city of Rafah, with Israel’s defence minister warning of an imminent military “operation” as talks to free Israeli hostages appeared to have stalled. An Israel Defense Forces spokesperson told reporters that at least 100,000 civilians in eastern Rafah, along the
Embattled ABC News President Kim Godwin announced she was calling it quits Sunday night as she faced heightened scrutiny from corporate superiors over her job performance and months after she was stripped of much of her power, sources confirmed to The Post. I have decided to retire from broadcast journalism, Godwin said in a staff
Miguel Divo, a lung specialist at Brigham and Womens Hospital in Boston, sits in an exam room across from Joel Rubinstein, who has asthma. Rubinstein, a retired psychiatrist, is about to get a checkup and hear a surprising pitch for the planet, as well as his health. This article is from a partnership that includes
KFF Health News senior correspondent Samantha Young discussed Medicaid and climate change on KCBS Radio’s “On-Demand” podcast on April 29. Click here to hear Young on KCBS Read Young’s “AC, Power Banks, Mini Fridges: Oregon Equips Medicaid Patients for Climate Change” KFF Health News contributor Andy Miller discussed Medicaid unwinding on WUGA’s “The Georgia Health
The sky is falling at least on Boeing. A second whistleblower has died under mysterious circumstances, just two months after another one allegedly shot himself in the head and the attorneys for both men hope their deaths don’t scare away the at least 10 other whistleblowers who want the company to clean up its act.
A federal judge blasted Google for its negligent policy that resulted in the deletion of employee chat records as closing arguments wrapped up Friday in a landmark antitrust case that could result in unprecedented changes to the tech giant’s core business. Justice Department attorneys asked Judge Amit Mehta to sanction Google for failing to preserve
New York wine and liquor stores are struggling as their customers dry out from the boozy days of the pandemic — and a pair of state lawmakers has concocted a potentially controversial remedy for the hangover. At the start of the year, New York state Sen. Michelle Hinchey quietly introduced a bill to allow wine
Stay informed with free updates Simply sign up to the US foreign policy myFT Digest — delivered directly to your inbox. The writer is director of the Turkey programme at the Middle East Institute and author of ‘Erdoğan’s War: A Strongman’s Struggle at Home and in Syria’ President Joe Biden has repeatedly framed the war
Stay informed with free updates Simply sign up to the Geopolitics myFT Digest — delivered directly to your inbox. Who is Xi Jinping’s travel agent? If you are making your first trip to Europe in nearly five years, an itinerary that reads France, Serbia, Hungary seems a little eccentric. But the three stops chosen by
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Veteran politician John Swinney is poised to become Scotland’s first minister this week after being appointed leader of the Scottish National party. Swinney, who led the party in the early 2000s, is expected to face