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Live news: Yen weakens to ¥155 per dollar as US stocks edge higher
Ford profit shrinks on weaker EV business
...The carmaker earned an adjusted $2.6bn before interest and taxes, compared to $3.4bn in the first quarter of 2023. Revenue grew 1.3 per cent to just under $43bn....
April 24, 2024
Live news: Yen weakens to ¥155 per dollar as US stocks edge higher
Ford profit shrinks on weaker EV business
...The carmaker earned an adjusted $2.6bn before interest and taxes, compared to $3.4bn in the first quarter of 2023. Revenue grew 1.3 per cent to just under $43bn....
April 24, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Live news: Bernie Sanders to lead US Senate probe of Ozempic pricing
Moody’s downgrades Boeing one notch above junk grade
...The negative outlook reflects “the material degree of execution risk” as Boeing tries to improve its operations and the stability of its supply chain, Moody’s said....
April 24, 2024
Live news: Boeing reports $355mn loss on slower Max production
Boeing reports $355mn loss on slower Max production
...The manufacturer reported an outflow of free cash of $3.9bn for the quarter, compared with an outflow of $786mn for the same period last year....
April 24, 2024
Letter
Letter: Chicago’s skyscrapers are actually well-grounded
...Jean BognerResearch Professor EmeritaDepartment of Earth & Environmental SciencesUniversity of Illinois at Chicago (UIC), Chicago, IL, US Letter in response to this letter: Liverpool’s links with...
February 26, 2024
Letter
Letter: Liverpool’s links with Chicago’s skyscrapers
...part of the Chicago School of Architecture....
February 28, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
News updates from February 21: Nvidia posts rosy revenue outlook, EU to sanction Chinese and Indian companies for Russia links
What to watch in North America today
...Federal Reserve: The US central bank will release the minutes of the latest meeting of the policy-setting Federal Open Market Committee, which kept interest rates at their 23-year high and cooled speculation...
February 21, 2024
News updates from April 17: UK inflation falls less than expected; Boeing engineer says safety concerns are ignored
United Airlines blames Boeing for first-quarter loss
...The Chicago-based airline posted a pre-tax loss of $164mn, which the carrier said reflects “the approximately $200mn impact from the Boeing 737 Max 9 grounding, without which the company would have reported...
April 16, 2024
News updates from April 16: Powell says inflation fight will take ‘longer than expected’; China GDP jumps 5.3%
United Airlines blames Boeing for first-quarter loss
...The Chicago-based airline had a pre-tax loss of $164mn, which the carrier said reflects “the approximately $200mn impact from the Boeing 737 Max 9 grounding, without which the company would have reported...
April 16, 2024
OutlookPatti Waldmeir
Sinking skyscrapers, new beaches: Chicago faces the climate crisis
...And in 1900 they reversed the flow of the Chicago River so it would no longer dump waste in Lake Michigan. Chicago has long literally defied gravity: it may be sinking; but it’s not sunk yet....
February 19, 2024
News updates from April 18: Netflix profits surge; Jurors selected for Trump’s ‘hush money’ trial
Boeing engineer says safety concerns ignored by plane maker
...Sam Salehpour, a quality engineer at the company, said he was berated by a manager in response to repeatedly questioning the safety of the 777 and 787 aeroplanes....
April 17, 2024
Super Tuesday: How the night unfolded
Biden wins Iowa Democratic caucuses
...Democrats revoked Iowa’s status as the first state to vote in the party primary calendar in favour of South Carolina....
March 5, 2024
News updates from April 17: UK inflation falls less than expected; Boeing engineer says safety concerns are ignored
Boeing engineer says safety concerns are ignored inside plane maker
...Sam Salehpour, a quality engineer at the company, said he was berated by a manager in response to repeatedly questioning the safety of the 777 and 787 aeroplanes....
April 17, 2024
News updates from February 16: Russian opposition leader Alexei Navalny dies, Trump ordered to pay more than $350mn in New York fraud case
US wholesale prices rose more than expected in January
...The annualised rate climbed 0.9 per cent, faster than economists’ forecasts of a 0.6 per cent increase....
February 16, 2024
US interest rates
Fed will have to keep rates high for longer than markets anticipate, say economists
...More than two-thirds of those surveyed in the FT-Chicago Booth poll think the Fed will make two or fewer cuts this year as it struggles to complete the “last mile” of its battle with inflation....
March 17, 2024
FT Live
Future of Asset Management Asia
Optimising fund firm models for Asia’s ascent
Wednesday, 8 MayMarina View, #2 The Westin Singapore, SingaporeSingapore 018961, Singapore
News updates from February 22: Global stock markets hit record highs, Nvidia smashes record for one-day valuation increase
US jobless claims hit five-week low in sign of sturdy labour market
...Minutes from the most recent meeting of the Federal Reserve’s monetary policy committee showed that officials are wary of cutting interest rates too quickly due to the risk of inflation picking up....
February 22, 2024
News updates from January 31: Federal Reserve holds interest rates, EU commits €21bn in Ukraine military aid
What to watch in North America today
...Economists widely expect the central bank to hold interest rates steady at a target range of 5.25 to 5.5 per cent, with strong US economic growth easing the urgency to cut rates....
January 31, 2024
News updates from March 8: US adds 275,000 jobs in February; Bitcoin and gold touch new highs
Rivian pauses construction of new Georgia factory
...Rivian is pausing construction of a new factory in Georgia and instead plans to build its new, less expensive sport utility vehicle at its plant in Illinois....
March 7, 2024
News updates from March 7: Sweden joins Nato; Powell says Fed ‘not far’ from having confidence to cut rates
Rivian pauses construction of new Georgia factory
March 7, 2024
Bank of England
Bank of England policymaker warns against cutting rates too soon
...The pound traded 0.8 per cent higher against the US dollar at $1.244 on Tuesday after Pill said in a speech hosted by the London campus of Chicago Booth School of Business that he still had a “relatively...
April 23, 2024
Letter
Letter: Satire vs the real thing
...Laura McVey Chicago, IL, US...
March 8, 2024
Super Tuesday: How the night unfolded
Five things to watch on Super Tuesday
...Minnesota: The North Star State will be another test of voter sentiment around Biden’s support for Israel amid mounting civilian deaths in Gaza....
March 5, 2024
News updates from January 12: China pledges to ‘smash’ Taiwan independence, US wholesale inflation declines
What to watch in North America today
...Banks: The largest US banks are expected to log sharp rises in bad loans, shrinking the earnings of JPMorgan, Bank of America, Citigroup and Wells Fargo, all of which report their latest quarterly results...
January 12, 2024
News updates from February 22: Global stock markets hit record highs, Nvidia smashes record for one-day valuation increase
S&P upgrades US GDP forecast
...The rating agency now predicts real US gross domestic product growth of 2.4 per cent this year, up from an earlier forecast of 1.5 per cent, it said on Thursday....
February 22, 2024
Super Tuesday: How the night unfolded
Trump and Biden win their Tennessee primaries — AP
...Trump had more than 80 per cent of Republican primary votes with 4 per cent of ballots counted, according to the Associated Press. Former UN ambassador Nikki Haley had 16.5 per cent of the vote....
March 6, 2024

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