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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
New York Community Bancorp Inc
New York Community Bancorp’s chief risk officer left weeks before big loss
...New York Community Bancorp and its chief risk officer parted ways shortly before the regional US lender reported larger than expected losses from real estate lending that hammered the bank’s stock....
February 5, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
ReviewFiction
Float Up, Sing Down — delightful day-in-the-life stories of small-town America
...It told the life story of an Indiana orphan of that name who scrambles out of Depression-era hardship and makes a success of an arable farm over the subsequent decades....
February 1, 2024
Reddit Inc
Reddit is casting aside community spirit in search of financial maturity
...After all, the company relies especially on the “unpaid labour” of its users and prides itself on the authenticity of its communities....
March 12, 2024
New York Community Bancorp Inc
New York Community Bank seeks to reassure investors after Moody’s downgrade
...US regional lender New York Community Bancorp has sought to reassure inventors that it is still taking in new deposits, after a week in which its share price has more than halved and it was downgraded to...
February 7, 2024
New York Community Bancorp Inc
New York Community Bancorp shares sink after flagging problems with internal controls
...New York Community Bancorp shares shed a quarter of their value on Friday after the regional lender disclosed it had replaced its chief executive and identified “material weaknesses” in internal controls...
March 1, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
US banks
Shares plunge for saviour of failed Signature Bank
...Shares of New York Community Bancorp plunged on Wednesday after the lender that bought failed Signature Bank in the middle of last year’s regional banking turmoil cut its dividend to boost its capital and...
January 31, 2024
News in-depthDementia
Alzheimer’s drug Leqembi falls short of blockbuster status in faltering US rollout
...“There’s not the clear-cut clinical evidence like physicians wanted, the products don’t stop the disease like the patients wanted, they’re never going to be as big a blockbuster as industry wanted and they...
April 22, 2024
Cryptofinance
The US’s calming effect on bitcoin Premium content
...Soundbite of the week: Physician, heal thyself While Ripple Labs was launching its stablecoin, the company was still battling the SEC over its hostile stance towards crypto....
April 5, 2024
New York Community Bancorp Inc
NYCB to raise $1bn in deal led by Steven Mnuchin’s investment firm
...New York Community Bank will raise more than $1bn in a deal led by the investment firm of former US Treasury secretary Steven Mnuchin, in an effort to shore up its finances and calm fears after weeks of...
March 6, 2024
News in-depthWeight Watchers International Inc
WeightWatchers faces an era when weight loss comes in a syringe
...Its proposition, coupling its traditional behaviour-change programme with medication where appropriate, is backed by multiple medical studies, said Fatima Cody Stanford, an obesity medicine physician and...
April 9, 2024
Unhedged
NYCB won’t be the last rates accident Premium content
...New York Community Bancorp, with $115bn or so in assets, is having serious problems, and the broad market (here represented by the S&P 1500) indifferent: Admittedly the regional bank index is underperforming...
March 6, 2024
New York Community Bank
Number of weak US banks jumps as NYCB stabilised on $1bn capital raise
...The number of problem banks in the US has jumped 18 per cent, regulators warned, as New York Community Bank was stabilised by a $1bn capital raise led by former US Treasury secretary Steven Mnuchin....
March 8, 2024
LexReddit Inc
No, Reddit is not a meme stock Premium content
...They had to be in “good standing” too — ie be popular contributors to Reddit’s online communities. Reddit is not the first company to offer this sort of deal....
March 21, 2024
Jayasree K Iyer
There are far too many avoidable deaths in childbirth
...It is cheap, does not require refrigeration and can be given by a non-physician healthcare worker....
January 17, 2024
FT Live
Future of Asset Management North America
New models for the next age of fund management
Wednesday, 25 SeptemberNew York, NY, USA
OutlookPatti Waldmeir
Syphilis: an age-old disease stalking modern America
...“But that means most of our medical community didn’t learn about syphilis as an active problem”....
April 1, 2024
Accountancy
Investors left in the dark after US companies fail to file on time
...Shares in New York Community Bancorp meanwhile fell by a quarter on Friday after the regional lender delayed its annual report, saying it had found material weaknesses in the internal controls that guide...
March 1, 2024
Instant InsightPeter Spiegel
The mystery of the ‘secret non-Trump voter’
...their physicians....
March 6, 2024
Life & Arts
More TikTok vicar?
...From the deliberate goofiness to the off-guard comments, there is a sense of good, harmless, faintly eccentric figures embedded in the community....
April 21, 2024
Unhedged podcast17 min listen
Will commercial real estate hurt regional banks?
...Read a transcript of this episode on FT.com...
February 1, 2024
Reddit Inc
Reddit cashes out in a stellar IPO — but can it grow up?
...One big winner was the Newhouse family, who through Advance Magazine Publishers Inc own Condé Nast, which bought Reddit in 2006 for $10mn before spinning it out in 2011....
March 22, 2024
Gender politics
Academics boycott Wiley gender journal after ‘anti-woke’ shift
...our inclusive, feminist community....
March 15, 2024
News in-depthNews in-depth15 min
Building blocks: Lego's next move | FT Film
...The adult fan community has been hugely influential on, I think, Lego as a business....
March 21, 2024
Derivative exchanges
The Cboe wants to ‘debunk’ some 0DTE myths
...In other words, this is not purely the YOLO retail trading community. But Cboe is tying itself into knots attempting to show that 0DTEs are some kind of sober risk management tool. They’re not....
April 15, 2024
Pharmaceuticals sector
Approval for Eli Lilly obesity drug sets up rival to Wegovy
...Beverly Tchang, an obesity medicine physician at Weill Cornell Medicine and diplomate of the American Board of Obesity Medicine, said the medical community was “extremely excited to have the official FDA...
November 9, 2023

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