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News updates from January 11: US inflation edges up more than expected, Chesapeake and Southwestern to combine in $7.4bn deal
What to watch in North America today
...State attorney-general Letitia James has asked that the judge order Trump and his businesses to pay $370mn for inflating the value of his real estate empire, bar him from the state’s real estate industry...
January 11, 2024
FirstFT
FirstFT: China is on cusp of next-generation chip production
...New York’s ‘skyscraper queen’: Darcy Stacom, one of the most powerful figures in New York City real estate, is leaving brokerage CBRE after 22 years in a further sign of the crisis upending the sector....
February 6, 2024
FT Live
Business of Art
Market shifts and future growth
Monday, 7 October180 Studios, London, UK
News in-depthBurford Capital Ltd
After $16bn judgment, Burford’s next battle will be making Argentina pay
...Argentina’s criticism of the company’s role in the case was rebuked by Judge Loretta Preska, who wrote that the “Republic owes no more or less because of Burford Capital’s involvement”....
September 14, 2023
FirstFT
FirstFT: US banks to report biggest jump in loan losses since pandemic
...Credit cards are the biggest source of pain for a number of lenders while commercial real estate loans are also proving a drag on banks’ performance....
July 10, 2023
Live news updates from February 16: Biden to speak with Xi, Swiss rule out confiscating Russian assets
What to watch in North America
...Cleveland Fed president Loretta Mester is scheduled to make two appearances, one remotely on the monetary policy and market implications of the war in Ukraine at a Global Interdependence Center event commemorating...
February 16, 2023
House & Home
Reinventing Utopia: self-created communities for the digital age
...and the Real Estate State....
August 4, 2023
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
FirstFT
FirstFT: CBO warns US government risks default as soon as July
...Earnings Hotel group Hyatt and co-working space provider WeWork will report earnings before the market opens, while sports-betting company DraftKings, software maker Dropbox, and real estate broker Redfin...
February 16, 2023
Disrupted Times
Working 9 to 5
...Indeed Loretta Mester, president of the Cleveland Fed, told the FT reduced supply of workers would probably mean the central bank has to do more to bring down demand for new hires....
December 2, 2022
FirstFT
FirstFT: Trump accused of obstructing DoJ probe
...The FBI seized 33 boxes containing more than 100 classified records during its unprecedented raid earlier this month of Trump’s Mar-a-Lago estate in Florida....
August 31, 2022
FirstFT
FirstFT: Dramatic testimony sheds damning light on Donald Trump
...will take short positions in US-listed real estate investment trusts, he told the Financial Times....
June 29, 2022
Art for the soul: where culture, nature and wellbeing meet
Schlossgut Schwante Sculpture Park: ‘We have so much space — soul space’
...But Loretta Würtenberger, who with her husband Daniel Tümpel acquired the grand 18th-century house and estate less than a year ago, seems undaunted....
June 9, 2020
The Art Market
Realities sink in as crisis hits
...Loretta Würtenberger, the lawyer and art collector who runs the Institute for Artists’ Estates and Fine Art Partners with her husband Daniel Tümpel, thinks that the opening of their private, non-profit Schlossgut...
April 9, 2020
US equities
US stocks gain on Walmart sales growth, home builder survey
...Healthcare and real estate were laggards, down 0.2 per cent and 0.1 per cent, respectively. Two miners were among the top three gainers in the S&P 500....
February 19, 2019
Due Diligence
As FCA-Renault look to a tie-up, what’s next for Nissan? Premium content
...Former US attorney general Loretta Lynch has joined Paul, Weiss, Rifkind, Wharton & Garrison as a litigation partner in the law firm’s New York office....
May 29, 2019
Fund management
Church of England’s investment returns fall back to earth
...Loretta Minghella, who was appointed as the first church estates commissioner last year, described the results as “creditable, not stellar” and emphasised that 2016 had been an exceptional year....
May 13, 2018
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
InterviewFTfm
Loretta Minghella on God, guns, gender and her brother’s death
...A portrait of Queen Anne hangs in the office of Loretta Minghella, the new first church estates commissioner and steward of the Church of England’s investment portfolio....
March 18, 2018
US banks
Federal Reserve debates banks’ capital buffers as markets surge
...Policymakers including Loretta Mester, the Cleveland Fed president, Eric Rosengren of the Boston Fed and Neel Kashkari of the Minneapolis Fed have advocated lifting the so-called countercyclical capital...
August 29, 2018
FT Investigation: Trump and the Russian-born fixer
Trump’s Russian riddle
...After arriving in the US, Mr Arif began developing properties in the same area of Brooklyn where Mr Trump had worked beside his late father Fred, founder of the family’s real estate empire....
August 14, 2016
Fund management
Movers & shakers: July 3
...● Loretta Minghella, chief executive of Christian Aid, the charity, has been appointed by the Queen on the advice of the UK prime minister as First Church Estates Commissioner to oversee the Church of England...
July 2, 2017
Life & Arts
Phoenix, Arizona: home sales below par in golf-course communities
...Many of today’s buyers of golf-course homes are like Loretta Malandro, who bought a new three-bedroom condo on the Adobe Golf Course in 2015 for $2.2m. She doesn’t play golf but loves the view....
May 25, 2017
Markets InsightUS interest rates
A dovish tilt beckons for the Fed
...(Other dissenters are notorious hawks; Loretta Mester from the Cleveland Fed, and Esther George of Kansas City who has dissented all year.) Thing is, not one of them will be voters in 2017....
October 12, 2016
Global Economy
A single US jobs report can play an outsize role
...Eric Rosengren of the Boston Fed has been citing overinflated commercial real estate values as an argument against too much foot-dragging....
September 1, 2016
Life & Arts
How an artist’s legacy became big business
...Loretta Würtenberger is director of the Institute for Artists’ Estates, an organisation founded this year that is the first to dedicate itself to questions of legacy planning and management in the art world...
August 26, 2016
Life & Arts
The Trump Aesthetic: how his tastes will change America
...Trump himself is from Queens — but unlike Archie Bunker, he managed to conquer the real estate world of Manhattan and build himself a monument in the heart of it....
January 13, 2017
UK economy
Life after death: ensuring an artist’s legacy
...“Picasso was afraid that the moment he started making his will he would die,” said Loretta Würtenberger, founder of the Institute for Artists’ Estates, a new organisation that opened this week to offer advice...
March 10, 2016

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