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InterviewUS financial regulation
US consumer finance watchdog raises alarm over credit card megadeals
...Rohit Chopra, director of the Consumer Financial Protection Bureau, warned about the effects of large deals on competition and financial stability....
April 24, 2024
Cyber Security
FBI warns Chinese malware could threaten critical US infrastructure
...The FBI is “laser focused” on Chinese efforts to insert malicious software code into computer networks in ways that could disrupt critical US infrastructure, according to the agency’s director Christopher...
February 18, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Ransomware
Royal Mail hackers LockBit hobbled by global law enforcement
...“This action is the first in an ongoing collaborative effort with the US Department of Justice, Federal Bureau of Investigation, and our international partners targeting LockBit,” the Treasury said....
February 20, 2024
Live news: Tesla notches seventh straight loss ahead of Tuesday earnings release
US sues to block Tapestry’s $8.5bn acquisition of Capri Holdings
...“With the goal to become a serial acquirer, Tapestry seeks to acquire Capri to further entrench its stronghold in the fashion industry,” Henry Liu, director of the FTC’s competition bureau, said in a statement...
April 22, 2024
Live news: Tesla notches seventh straight loss ahead of Tuesday earnings release
US sues to block Tapestry’s $8.5bn acquisition of Capri Holdings
...“With the goal to become a serial acquirer, Tapestry seeks to acquire Capri to further entrench its stronghold in the fashion industry,” Henry Liu, director of the FTC’s competition bureau, said in a statement...
April 22, 2024
King & Spalding LLP
England’s former director of public prosecutions joins US law firm
...Max Hill KC, the former director of public prosecutions for England and Wales, has joined US law firm King & Spalding in London, adding to a growing number of ex-state prosecutors to have moved into private...
February 5, 2024
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
Retail & Consumer industry
FTC sues to block $8.5bn deal between the makers of Michael Kors and Coach
...“With the goal to become a serial acquirer, Tapestry seeks to acquire Capri to further entrench its stronghold in the fashion industry,” Henry Liu, director of the FTC’s competition bureau, said in a statement...
April 22, 2024
News updates from February 20: Walmart flags sales slowdown; China cuts mortgage lending rate
US Treasury sanctions LockBit hackers after ICBC ransomware attack
...“This action is the first in an ongoing collaborative effort with the US Department of Justice, Federal Bureau of Investigation, and our international partners targeting LockBit,” the Treasury said in a...
February 20, 2024
McKinsey
McKinsey faces US criminal investigation over opioid industry work
...Federal prosecutors are also probing whether the firm obstructed justice by its actions when concerns about the work were mounting, according to a person familiar with the investigation....
April 24, 2024
FT News Briefing podcast12 min listen
Swamp Notes: Inside Trump’s new inner circle
...The FT’s Washington bureau chief, James Politi, and deputy Washington bureau chief, Lauren Fedor, join this week’s Swamp Notes to discuss what a second Trump White House would look like....
April 6, 2024
US financial regulation
US consumer regulator proposes capping bank overdraft fees
...In October, the Federal Trade Commission proposed a rule to bar companies from showing consumers one price — for a concert ticket or hotel room, for example — only to inflate the final cost of the purchase...
January 17, 2024
Spanish politics
Spanish PM considers quitting as wife faces corruption investigation
...Spanish Prime Minister Pedro Sánchez on Wednesday said he was considering quitting after a judge opened a preliminary investigation into his wife over accusations of corruption....
April 24, 2024
BBC
BBC splits India operations after coming under regulatory scrutiny
...Jonathan Munro, deputy chief executive and director of journalism of BBC News, declined to comment on the tax probe, but said: “Everywhere in the world we will pay every tax that is legally due against the...
April 9, 2024
News in-depthIndian election
India opposition alliance fractures as support for Modi soars
...Under Congress governments, its opponents, including Modi, referred to India’s Central Bureau of Investigation as the “Congress Bureau of Investigation”....
February 14, 2024
News updates from March 25: Boeing CEO to step down; UN Security Council calls for Gaza ceasefire
Singapore’s former transport minister handed additional charges
...The Corrupt Practices Investigation Bureau said in a separate statement on Monday that the value of the goods Iswaran allegedly received from the latest charges are worth S$18,956.94 ($14,075.52)....
March 25, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
Israel-Hamas war
FBI says Hamas attack on Israel inspiring ‘new level’ of terror threat against US
...Wray also highlighted the death of a six-year-old Muslim child in Illinois earlier this month, which the FBI is probing as a federal hate crime....
October 31, 2023
Federal Bureau of Investigation
Ex-FBI agent who worked for Oleg Deripaska gets 4-year prison sentence
...Fighting back tears, McGonigal appealed to the court for leniency, saying he had a “deep sense of remorse and sorrow” for betraying the confidence of those closest to him and damaging the reputation of the...
December 14, 2023
News updates from January 11: US inflation edges up more than expected, Chesapeake and Southwestern to combine in $7.4bn deal
Boeing under investigation by US regulator after 737 Max accident
...Boeing is under investigation by the federal US aviation regulator following a mid-air blowout of a fuselage panel on a 737 Max jet....
January 11, 2024
Markets
‘Blowout’ US retail sales shake bond and currency markets
...Market measures of inflation expectations have climbed recently following three consecutive months of stronger than expected data and jumped further following the Census Bureau release....
April 15, 2024
News updates from April 10: US inflation rises faster than expected; KPMG fined $25mn in cheating scandal
US inflation rises faster than expected to 3.5%
...The Bureau of Labor Statistics also said on Wednesday that core inflation, which excludes changes in food and energy costs, remained at 3.8 per cent....
April 10, 2024
News updates from April 4: British billionaire avoids prison for insider trading; Italy seizes assets in EU fund fraud case
Markets update: US stocks rise on rate-cut optimism
...The moves came after figures from the Bureau of Labor Statistics showed that new applications for unemployment aid — a proxy for lay-offs — jumped to their highest level since January in the week to March...
April 4, 2024
Live news: News updates from November 22: Sam Altman to return as Open AI CEO, Far-right leader set to come first in Dutch elections
FBI investigating vehicle explosion at US-Canada border crossing
...The Federal Bureau of Investigation’s field office in Buffalo, New York, said it is “investigating a vehicle explosion at the Rainbow Bridge, a border crossing between the US and Canada in Niagara Falls”...
November 22, 2023
US inflation
Federal Reserve chair Jay Powell expects US inflation to keep cooling in coming months
...Powell said Friday’s Bureau of Economic Analysis report, combined with other recent data, showed that the path towards the 2 per cent target was “sometimes bumpy”....
March 29, 2024
News updates from April 12: ECB keeps interest rates on hold; OJ Simpson dies aged 76
Biden administration raises cost of drilling on public lands
...The Bureau of Land Management said on Friday it had finalised a rule that would raise royalty rates companies must pay the government as well as increase the minimum bond associated with the clean-up of...
April 12, 2024
InterviewTelevision
The Jinx Part Two director Andrew Jarecki: ‘How do you kill three people and get away with it?’
...In the mid-2000s, the director Andrew Jarecki began work on a film called All Good Things....
April 15, 2024

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