Apple is quietly increasing its capabilities in artificial intelligence, making a series of acquisitions, staff hires and hardware updates that are designed to bring AI to its next generation of iPhones. Industry data and academic papers, as well as insights from tech sector insiders, suggest the Californian company has focused most attention on tackling the
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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. If anyone is as excited about Nikki Haley’s second-place finish in New Hampshire as Donald Trump, it would be the man who watched Tuesday night’s returns from the White House. Joe Biden’s campaign has been
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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. Donald Trump will win the New Hampshire Republican primary, the Associated Press projected on Tuesday night, cementing his frontrunner status and raising questions about whether Nikki Haley would end her bid for the White House.
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Enjoy complimentary access to top ideas and insights — selected by our editors. Transcription: Transcripts are generated using a combination of speech recognition software and human transcribers, and may contain errors. Please check the corresponding audio for the authoritative record. Kyle Glazier (00:04):Welcome to another Bond buyer podcast. I’m Kyle Glazier, executive editor of the Bond
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An appeals court ruling against Puerto Rico Electric Power Authority bondholders may hold positives for them, analysts say. The United States Court of Appeals for the First Circuit panel of three judges on Monday rejected GoldenTree Asset Management and Syncora Guarantee’s motion to lift the bankruptcy’s stay, which would have allowed the bondholders to appoint
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Louisiana’s largest and most complex public-private partnership that will replace an aging bridge over Interstate 10 appears back on track after the state’s new administration hammered out a revised agreement with the concessionaire to assuage political opposition. The modified agreement lowers tolls and includes a 15% equity contribution for local infrastructure, new Gov. Jeff Landry
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Last week, I discussed five long-term drivers of the world economy — demography, climate change, technological advance, the global spread of knowhow and economic growth itself. This week I will look at shocks, risks and fragilities. Together, I suggest, all these shape the economy in which we live. A “shock” is a realised risk. Risks,
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Arizona should be able to tackle a growing shortfall given the state’s improved reserves, low debt burden, and budget flexibility, Moody’s Investors Service said this week.  The state’s general fund faces projected shortfalls of $835 million in fiscal 2024 and nearly $879 million in fiscal 2025, according to the Joint Legislative Budget Committee’s latest projections,
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The Securities and Exchange Commission is starting to fill in some details to the rollout of the law that will transform the format of issuer disclosures submitted to EMMA. “The level of complication on the municipal side is definitely much more,” said Dave Sanchez, director of the SEC’s Office of Municipal Securities. “We’re very conscious
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