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News updates from September 21: Rupert Murdoch to step down as Fox chair, BoE holds interest rates
GM lays off 2,000 workers in Kansas due to ‘ripple effect’ of Missouri strike
...The Detroit carmaker said that because workers walked out at a plant in Wentzville, Missouri, three hours away, the assembly plant in Kansas City faced a shortage of critical components....
September 20, 2023
News updates from September 20: Fed holds rates at 22-year high, UK inflation falls to 6.7%
GM lays off 2,000 workers in Kansas due to ‘ripple effect’ of UAW strike
...The Detroit carmaker said that because workers walked out at a plant in Wentzville, Missouri, three hours away, the assembly plant in Kansas City, Kansas, faced a shortage of critical components....
September 20, 2023
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
Property sector
Realtor reckoning: US brokers fear for their $100bn commission pool
...A federal jury in Missouri sided with a group of home sellers in Missouri, Kansas and Illinois last month, finding the largest US real estate brokerages liable for nearly $1.8bn in damages for conspiring...
November 17, 2023
News in-depthUnited Auto Workers
UAW’s surgical strike pinpoints weak spots in carmaker supply chains
...“Every plant should be on strike, not just selected plants,” Richard Davis, who works at a Ford assembly plant in Kansas City, Missouri, wrote on the Facebook Live feed. “Strike means strike....
September 20, 2023
Scoreboard
A rare encounter with Aston Villa’s owner Premium content
...If the 123mn US viewers who watched the Kansas City Chiefs defeat the San Francisco 49ers suggests that the death of traditional live television has been greatly exaggerated, consider that just days before...
February 17, 2024
Live news updates from May 25: Musk must find cash for Twitter deal, Fed officials discussed ‘restrictive’ policy to fight inflation
Kansas City Fed president Esther George to retire in January 2023
...The Kansas City Fed, which is headquartered in Missouri, covers major US cities, including Denver in Colorado, Oklahoma City in Oklahoma and Omaha in Nebraska as well as their surrounding areas....
May 25, 2022
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Leon Black
Leon Black’s downfall confounds the legacy of #MeToo on Wall Street
...This is about a very small subset of women who can go to a plaintiffs’ law firm and say, ‘Look, my target is a billionaire.’” V....
November 22, 2023
John Gapper
Wrapping is as valuable as the presents it conceals
...Missouri....
December 23, 2022
Climate change
‘Extreme heat belt’ to place 100mn Americans at risk
...The top five cities vulnerable to extreme heat days were St Louis and Kansas City, Missouri; Memphis, Tennessee; Tulsa, Oklahoma and Chicago, Illinois, the report said, incorporating government data and...
August 15, 2022
FirstFT
FirstFT: Chinese fighter jets fly close to Taiwan ahead of Pelosi’s visit
...Kansas Democrats and Republicans also choose their nominees to contest November’s congressional elections. There are also primary elections in Missouri, Michigan, Arizona and Washington state....
August 2, 2022
Ant Group
Ant plans sale of prized US asset as user data scrutiny intensifies
...The planned sale of EyeVerify, a biometric security firm based in Kansas City, Missouri, also comes as Ant looks to raise capital in anticipation of potential fines and restructuring costs following its...
January 27, 2021
Kansas City Southern
Canadian Pacific clinches hard-fought $31bn deal for Kansas City Southern
...Kansas City Southern railroad has agreed to be acquired by rival Canadian Pacific for $31bn, including debt, after terminating its $34bn deal with Canadian National, the culmination of a bitterly fought...
September 15, 2021
Coronavirus: Canada set to overtake US in terms of fully vaccinated population — as it happened
Kansas City officials urge residents to mask up outdoors
...The highly contagious Delta variant is spreading quickly in Kansas City, which straddles the Missouri-Kansas state line, partly because of lower vaccination rates there, a city health department official...
July 16, 2021
The Future of Money
A chaotic week for regulators Premium content
...The company initially had its application for an account rejected by the Kansas City Fed in 2017....
June 13, 2022
Rail
Kansas City Southern reconsiders $27bn offer from Canadian Pacific
...The board of the railroad, which is headquartered in Kansas City, Missouri and runs between that city and Mexico, said on Saturday that Canadian Pacific’s offer “could reasonably be expected to lead to”...
September 4, 2021
FT Live
Business of Art
Market shifts and future growth
Monday, 7 October180 Studios, London, UK
US & Canadian companies
Kansas City Southern in talks on rival $33.7bn Canadian National bid
...Kansas City Southern is smallest of the seven Class 1 railway operators in the US but the only one with north-to-south operations with a route network that spans from Missouri to both coasts of Mexico....
April 24, 2021
Coronavirus: Canada set to overtake US in terms of fully vaccinated population — as it happened
Las Vegas officials recommend wearing masks indoors
...Health officials in Kansas City, the most populous city in Missouri, issued a similar recommendation on Friday afternoon, with the state ranking as one of the hottest spots in the US for the highly-transmissible...
July 16, 2021
Coronavirus: Texas reports more than 10,000 new cases for first time since February - as it happened
Texas, Arizona and Alaska among nine states added to Chicago travel advisory
...Chicago has added nine more states, including Kansas, Tennessee and Wyoming, to its travel advisory list because of their high rates of new coronavirus infections....
July 27, 2021
Coronavirus: Starbucks, Mattel and Big Tech earnings ride post-pandemic recovery - as it happened
Texas, Arizona and Alaska among nine states added to Chicago travel advisory
...Chicago has added nine more states, including Kansas, Tennessee and Wyoming, to its travel advisory list due to their high rates of new coronavirus infections....
July 27, 2021
Rail
Canadian National tries to gatecrash Kansas City Southern deal with $33.7bn bid
...Kansas City Southern is the only operator with north-to-south operations with a route network stretching from Missouri to ports on both coasts of Mexico....
April 20, 2021
Coronavirus: California announces $116.5m in vaccine lottery prize money — as it happened
Jackson Hole central bankers’ meeting to be held in-person this year
...The Kansas City arm of the Fed is run by Esther George, a non-voting member of the central bank’s policy-setting committee....
May 27, 2021
Automobiles
Chip shortage deepens supply problems at global carmakers
...At Ford’s F-150 production line in Kansas City, Missouri, the carmaker will drop an overtime shift this weekend and “be down the week of August 23 due to a semiconductor-related part shortage as a result...
August 19, 2021
News in-depthCanadian Pacific Railway Ltd
Rail deal is $29bn bet on trade pact between Canada, US and Mexico
...Calgary-based Canadian Pacific’s tracks currently end at the Kansas City, Missouri, rail yard it shares with Kansas City Southern, which runs across the Rio Grande to industrial cities and ports in Mexico...
March 22, 2021
News in-depthIPOs
‘No one wants to go back’: Covid scuttles IPO and debt roadshows
...But there is a serious point: “It’s all part of the time, expense and massive inefficiency of trying to visit people in multiple cities in a few days.”...
August 20, 2021
News in-depthEquities
‘It’s not going to be normal by September’: investors take stock as Delta spreads
...The Dow Jones Transportation Average, for example, which includes economic bellwethers such as shipping behemoth FedEx and railroad operator Kansas City Southern, slid into a technical correction on Friday...
July 20, 2021

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