Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Scotland’s former first minister, Labour’s Lord Jack McConnell, used to say “do less, better”. The trouble for his successors from the Scottish National party, their critics say, is they have been doing plenty, badly. Independence,
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The Financial Industry Regulatory Authority has fined RBC Capital Markets $15,000 for violating Municipal Securities Rulemaking Board Rules G-15 on confirmation, G-8 on books and records and G-27 on supervision for their role in sending incorrect confirmations on municipal securities transactions. Municipal securities violations represent only a portion of the transactions FINRA highlighted in its
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Transportation Secretary Pete Buttigieg outlined for House lawmakers Tuesday the administration’s priorities heading into the new fiscal year, ranging from shoring up infrastructure to prevent collapses like the Francis Scott Key Bridge to supporting “massive and forward-thinking” projects like high-speed rail and a bulging pipeline of large transit projects. Buttigieg appeared before the House Appropriations
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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. Elon Musk has shut down the division that runs Tesla’s Supercharger business, dismissed two senior executives and fired hundreds more staff as the electric-car maker continues its restructuring amid a sharp downturn in the EV
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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’s prime minister vowed on Tuesday to push ahead with an offensive in the Gazan city of Rafah whether or not a ceasefire deal is reached with Hamas, as he held urgent talks with ministers
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The new bipartisan bill that would provide the Federal Aviation Administration with reauthorization and $105 billion in appropriations through 2028 would also provide $19.35 billion in airport infrastructure improvement grants to fund the nation’s 3,300 airports. The 1,069 page bill is the culmination of eight hearings over the last year or more and also authorizes
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Lance Tyson has joined Greenberg Traurig, LLP’s Chicago public finance and infrastructure practice as counsel, bringing a broad range of experience representing and working for local governments. Having worked as chief of staff to the Cook County Board president and legislative counsel to then-Chicago Mayor Richard M. Daley, run for office as the Democratic Party’s
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Stay informed with free updates Simply sign up to the Global Economy myFT Digest — delivered directly to your inbox. The proportion of human beings living on the margin of subsistence is estimated to have fallen from close to 80 per cent in 1820 to just under 10 per cent in 2018. What makes this
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Southwest Airlines said it had launched a compensation program for flight delays as part of a $140 million Department of Transportation settlement over the carrier’s meltdown in December 2022 during a busy holiday travel period. Southwest in December 2023 agreed over three years to provide $90 million in travel vouchers of $75 or more to passengers delayed at least three
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