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Special ReportFuture of Water
US housing market belatedly wakes up to flood risk
...Mairaj’s was one of them, in 2022. He accepted an offer to buy his home from Blue Acres, a programme led by the New Jersey Department of Environmental Protection....
March 22, 2024
News updates from April 11: ECB keeps interest rates on hold; OJ Simpson dies aged 76
Judge in DoJ lawsuit against Apple recuses himself
...The New Jersey federal judge presiding over the US Department of Justice’s antitrust lawsuit against Apple has recused himself from the case because of a potential conflict of interest....
April 10, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
News updates from April 10: US inflation rises faster than expected; KPMG fined $25mn in cheating scandal
Judge in DoJ lawsuit against Apple recuses himself
...The New Jersey federal judge presiding over the US Department of Justice’s antitrust lawsuit against Apple has recused himself from the case because of a potential conflict of interest....
April 10, 2024
Robert Menendez
Robert Menendez charges rattle New Jersey’s infamous Hudson County
...Boulevard in Union City, New Jersey....
October 8, 2023
ExplainerMaritime accidents and safety
The Baltimore bridge disaster: what happened and who will pay?
...Although the port is smaller than those of New York and New Jersey, it is the main east coast entry port for imported cars, according to the Maryland governor’s office....
March 27, 2024
News in-depthWind power
Jersey Shore mobilises against offshore wind power
...They are nowhere more active than in New Jersey, whose own goal of 11GW by 2040 is the most ambitious of any eastern state....
September 28, 2023
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
Steve Webb
It’s time to help the multi pension generation
...The Department for Work and Pensions estimates that there are now around 20mn deferred pension pots worth under £10,000, and 12mn of these are worth less than £1,000....
April 19, 2024
Serco Group PLC
Outsourcer Serco ordered to stop using facial recognition to monitor staff
...The enforcement action came as the ICO published new guidance on using people’s biometric data, which included keeping it secure and complying with data protection obligations....
February 23, 2024
Climate legislation
Republican states step up legal threats to Biden’s climate agenda
...The Environmental Protection Agency issued two new rules that aim to limit toxic emissions from chemical plants and remove cancer-causing chemicals from tap water, as the Biden administration tries to advance...
April 12, 2024
Football
Legislation to create new English football regulator to be unveiled
...The Department for Culture Media and Sport said the new body would have “robust powers” in order to meet its three main objectives: “To improve financial sustainability of clubs, ensure financial resilience...
March 18, 2024
Pensions industry
UK pension rules risk ‘finishing off’ remaining defined-benefit plans, MPs warn
...The Department for Work and Pensions said: “Our new regulations promote better — and clearer — funding standards, while retaining the benefits of a flexible, scheme-specific approach.”...
March 26, 2024
Apple Inc
US accuses Apple of building smartphone market monopoly in antitrust case
...The landmark lawsuit filed on Thursday in federal court in New Jersey by the US Department of Justice, along with a bipartisan group of 16 state and district attorneys, accuses the group of imposing contractual...
March 21, 2024
UK general election
Conservatives to retain UK pension triple lock in manifesto
...by the Department for Work and Pensions....
March 24, 2024
US presidential election 2024
No Labels drops presidential bid in boost to Biden
...Former New Jersey governor Chris Christie, a Republican who twice ran for president and is among the party’s most high-profile critics of Trump, also declined to join a No Labels ticket last week....
April 4, 2024
Currencies
Developing country DMOs driving blind
...At the request of the European parliament’s Committee of Economic and Monetary Affairs, the Policy Department issued advice on the mis-selling of foreign currency mortgages — defined as “practices that are...
April 19, 2024
FT Live
Future of Asset Management North America
New models for the next age of fund management
Wednesday, 25 SeptemberNew York, NY, USA
News in-depthFinancial & markets regulation
‘Solid gold’ payments card case exposes limits of UK regulator
...In a separate 2020 New Jersey court case, a crypto entrepreneur accused of running a Ponzi scheme used his Aurae card to transfer $100mn between 2018 and 2019....
March 21, 2024
Employment
UK trade union law breaches workers’ rights, Supreme Court finds
...The unanimous ruling by the Supreme Court, which said there was a “complete absence” of protection against sanctions short of dismissal, means the government will have to decide whether to legislate to close...
April 17, 2024
Apple Inc
‘Apple is going to war’: US lawsuit adds to iPhone maker’s antitrust woes
...The DoJ’s case, he said, “avoids some of the vulnerabilities” from Epic’s fight, and the case law governing the New Jersey federal court where the lawsuit was filed may be more favourable to the government...
March 22, 2024
UK politics
Gove forced to dilute plans to cap ground rents in England and Wales
...The Department for Levelling Up, Housing and Communities said it remained committed to strengthening protection for leaseholders and had consulted on a range of options to cap ground rents for existing leases...
March 25, 2024
Energy Source
Brighter skies for US offshore wind Premium content
...More than half of US offshore wind contracts were cancelled or at risk of cancellation last year, including Ørsted’s flagship scrapped projects in New Jersey....
March 7, 2024
UK business
Insolvency Service fires 3 staff after probe into data sharing with private sector
...The ICAEW said it could not comment on whether any matter was being considered by its professional conduct department....
February 8, 2024
Iran
Iran calls in UK ambassador over ‘murder for hire’ sanctions
...The Treasury department said Zindashti’s network was connected to murders in the United Arab Emirates, Canada and Turkey, and that the protection he enjoyed from the intelligence ministry allowed him “to...
January 30, 2024
Toby Nangle
Have UK asset managers lost their way?
...Furthermore, the Department for Work and Pensions will extend the Pension Protection Fund’s mandate to become a public sector consolidator of schemes that are too small for cost-efficient buyouts....
April 24, 2024
Information Commissioner's Office
UK move to curb benefit fraud triggers privacy concerns
...The commissioner was responding to proposals tabled within the government’s data protection and digital information bill, which would allow the Department for Work and Pensions to obtain data from banks...
December 19, 2023
New York City
New Jersey sues to block New York City’s congestion pricing scheme
...The US Department of Transport’s Federal Highway Administration said it did not comment on pending litigation....
July 21, 2023

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