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Semiconductors
SK Hynix to build advanced plant in Indiana in boost to US chip self-sufficiency
...South Korean chipmaker SK Hynix has chosen the state of Indiana for a cutting-edge facility in the US that will give a major boost to the Biden administration’s efforts to bring more of the AI chip supply...
February 1, 2024
US foreign policy
White House decision to not replace Asia tsar stokes concern among US allies
...“Kurt will not be able to sustain this level of attention from the state department and he will have other priorities.”...
February 6, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Climate change
US pushed behind scenes for approval of corporate carbon offset plan
...Kerry said at a US state department event on Friday that he was “encouraged to hear” that SBTi leaders had signalled “openness” to companies using carbon credits to address some of their indirect emissions...
April 21, 2024
News updates from April 25: US economy grew less than expected in Q1; Microsoft and Alphabet beat Wall Street estimates
Toyota to invest $1.4bn in Indiana for EV production
...The string of deals in Indiana reflect a boom in industrial development across the US....
April 25, 2024
News updates from April 3: Iger defeats Peltz in Disney proxy war; Eurozone inflation falls to 2.4%
Korean chipmaker SK Hynix to invest $4bn in Indiana plant
...The company intends to begin mass production in the state by the second half of 2028....
April 3, 2024
Letter
Letter: Collapsing Sumerians or standing-firm Pharaohs
...Niccolo Caldararo Department of Anthropology, San Francisco State University, CA, US...
April 12, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
Micron
Micron secures $13bn in US support to expand chipmaking capacity
...Under the agreement, Micron plans to invest up to $125bn in both states in the next two decades....
April 25, 2024
Banking & Savings
Latest National Savings & Investments rates
...See our coverage of the latest savings and investment issues....
April 26, 2024
Letter
Letter: Look to the ancient past for new ideas on peace
...Niccolo Caldararo Department of Anthropology, San Francisco State UniversitySan Francisco, CA, US...
December 15, 2023
Eli Lilly & Co
Eli Lilly calls for scrutiny of rival Novo Nordisk’s deal to expand production of weight-loss drug
...Lilly has invested billions of dollars to grow production capacity for its weight-loss treatments across sites in Germany, North Carolina and its home state of Indiana but Ricks said the company was a “long...
February 6, 2024
Letter
Letter: New Zealand’s cigarette sale ban goes up in smoke
...Bradley LucierProfessor Emeritus, Purdue University,West Lafayette, Indiana, US...
December 14, 2023
Renewable energy
US places bets on European companies in $6bn effort to clean up its heavy industry
...and storage facilities at a plant in Indiana....
March 25, 2024
Electric vehicles
China’s EV supply chain dominance risks ‘collapse’ of US subsidies, warns South Korea
...SK Hynix, a maker of memory chips, is building an advanced packaging facility in Indiana....
April 26, 2024
US-China relations
US accuses China of launching global information war
...The state department report comes amid mounting rivalry between Beijing and Washington over issues including China’s military presence in the South China Sea, the production of semiconductors and clean energy...
September 28, 2023
Tax
HMRC’s struggles pose ‘a threat to tax compliance’
...The committee called on the government to increase the department’s resources....
April 26, 2024
FT Live
Business of Football Summit
The global gathering of leaders in football and finance
Wednesday, 26 February 2025In-Person & Digital | London
Shohei Ohtani
Scandal involving baseball star Shohei Ohtani investigated by US league
...While sports betting is legal in 38 US states and the District of Columbia, it is prohibited in California....
March 22, 2024
Boeing Co
Boeing to pay $51mn US penalty over arms export violations
...The settlement between the company and the state department covers a range of incidents, including unauthorised exports and retransfers of technical data to foreign employees and contractors, unauthorised...
March 1, 2024
LexUS retail
Why US department stores have most to fear as credit card debt sours Premium content
...Analysts at Bank of America think late fees represent between 14 per cent and 30 per cent of the companies’ credit card revenue....
April 5, 2024
News updates from March 21: US accuses Apple of building a smartphone monopoly; Reddit soars in New York IPO
US accuses Apple of building a smartphone market monopoly
...The landmark lawsuit filed on Thursday by the US Department of Justice, along with 16 state and district attorneys, accuses the group of imposing contractual limitations on developers while making it more...
March 21, 2024
News updates from April 11: ECB keeps interest rates on hold; OJ Simpson dies aged 76
UK cyber security company Darktrace raises guidance as revenues beat expectations
...Darktrace claims that by using generative AI, its systems can learn continuously and “help transform security operations to a state of proactive cyber resilience”....
April 11, 2024
News updates from January 19: S&P 500 closes at record high, Ford cuts production of electric truck
State Street revenue buoyed by asset management and technology units
...Strong business at State Street’s asset management and technology arms helped underpin forecast-beating revenue of $3.04bn in the fourth quarter, but net income fell 71 per cent year on year to $210mn....
January 19, 2024
Letter
Letter: Why debt limits don’t work
...Professor Photis Lysandrou Department of International PoliticsCity, University of London, London EC1, UK...
April 19, 2024
UK housebuilding
State housing schemes in England have ‘materially underdelivered’ since 2020
...State housebuilding schemes in England have “very materially underdelivered” since 2020, according to a review of the government’s housing and regeneration agency, which criticised Whitehall for worsening...
April 8, 2024
Samsung Electronics Co Ltd
Samsung signals end to chip downturn with forecast 10-fold jump in profit
...He also told a shareholder meeting that the company expected more than $100mn of revenue from its advanced chip packaging business this year....
April 5, 2024
On Wall StreetRupak Ghose
Is Wall Street too focused on league tables?
...League tables portray the state of play in existing businesses, less so growth through innovation....
April 6, 2024

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