JetBlue revealed it will cease operating flights from popular US cities, including multiple routes from New Yorks John F. Kennedy Airport, in the foreseeable future. Travelers hoping to catch flights from JFK to Austin and Houston, Texas., and Miami, Fla., should reevaluate their travel plans as JetBlue told staff on Wednesday that those routes would
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. OpenAI is in discussions to ditch a provision that shuts Microsoft out of its most advanced models when the start-up achieves “artificial general intelligence”, as it seeks to unlock billions of dollars of future investment. Under
Bernhard Moos Elementary School, part of the Chicago Public Schools system, in 2022. S&P Global Ratings released a report on the Chicago Board of Education this week, Bloomberg News S&P Global Ratings released a report this week warning that the credit trajectory of the Chicago Board of Education will hinge on the outcome of current
€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+ curated newsletters Follow topics & set alerts with myFT
Stay informed with free updates Simply sign up to the Media myFT Digest — delivered directly to your inbox. The owner of the Guardian Media Group is expected to announce on Friday that it has agreed to the sale of The Observer to digital start-up Tortoise despite two days of strikes from staff over the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Aviva, the UK insurance heavyweight, has agreed a £3.6bn takeover deal with Direct Line, after winning over its smaller rival with a sweetened bid. The preliminary deal, announced in a joint statement by the companies
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Like many teenagers, I read The Dice Man because the idea of the novel’s protagonist making decisions based on the roll of a die sounded rebellious and fun. I gave it a try too —
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Investors have pumped almost $140bn into US equity funds since last month’s election as traders bet Donald Trump’s administration will unleash sweeping tax cuts and reforms in a boon to corporate America. US
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Last month, the UK’s government announced a series of proposals to “get Britain working”, premised on the claim that the country is facing “spiralling economic inactivity”, with “2.8mn people locked out of work due to
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is chancellor of the exchequer After nearly a decade and a half of stagnation and decline, this country has a radically different government. One that is relentlessly focused on delivering what matters most
€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+ curated newsletters Follow topics & set alerts with myFT
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world President-elect Donald Trump has named venture capitalist David Sacks as the White House’s artificial intelligence and cryptocurrency tsar, the latest confidant of Elon Musk to receive a top appointment in the new government.
A fortnight-long rally for Wall Street took a breather, as investors turned their attention to Friday’s government jobs report and its potential implications for the Federal Reserve’s policy meeting later this month. The S&P 500 and Nasdaq Composite on Thursday finished about 0.2 per cent below their record closing highs notched up in the previous
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world US oil supermajor Chevron will cut capital spending next year for the first time since the pandemic oil crash, dialling back its shale expansion plans just as Donald Trump enters office with a
Large companies rushed to assess whether top employees have sufficient protection after the slaying of a US insurance executive in New York stoked broad concerns about corporate security. Heads of security for groups on both sides of the Atlantic raced in the wake of Wednesday’s shooting to share intelligence and make inquiries with specialist companies
A “sophisticated” cyber security attack compromised the closing of a recent Michigan township competitive deal to finance a Civic Center project, according to township officials. White Lake Charter Township, Michigan, sold $29 million of limited tax general obligation bonds, Series 2024B, to Baird on Oct. 31. On the Nov. 21 closing date, the township learned
<img src=”https://public.flourish.studio/visualisation/20648548/thumbnail” width=”100%” alt=”chart visualization” /> Municipal bonds were little changed in secondary trading as the focus shifted to the primary market amid several large deals while municipal bond mutual fund inflows topped $1 billion. U.S. Treasuries were mixed and equities ended in the red. Lipper reported fund inflows of $1.154 billion for the week
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world A US judge has rejected Boeing’s guilty plea agreement stemming from twin crashes of the 737 Max, citing diversity, equity and inclusion considerations in selecting a monitor to oversee compliance. Judge Reed O’Connor
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. French President Emmanuel Macron came out fighting against opposition parties who he said “chose chaos” by bringing down his premier in a historic no confidence vote, vowing not to step aside before the end of
PREPA says it has only enough money to pay pensions through March. The performance and financial condition of the Puerto Rico Electric Power Authority, its generation operator Genera and its transmission and distribution operator LUMA have raised concerns, by the entities themselves as well as outside observers in the past few weeks. PREPA said it
“Do I lay awake at night worrying about the debt and the deficit of U.S. government right now?” said Jay Bryson, chief economist at Wells Fargo. “No, I don’t, largely because there’s no alternative to Treasury securities. They are the deepest, most liquid, transparent financial market in the world.”Wells Fargo Economists are figuring out the
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