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Future of work
Commuting is back — but not as we knew it
...according to the Regional Plan Association (RPA), an economic and environmental think-tank for the New York-New Jersey-Connecticut area....
March 27, 2024
FT GlobetrotterCharting London’s museums
Sorted: a first-class ride through British postal history
...Other Mail Rail locomotives on display here, including the longer wheelbase replacements, rolling stock, signalling and control equipment, give insight into efficient, safe operations in an era of pre-digital...
April 2, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
New York City
New Jersey sues to block New York City’s congestion pricing scheme
...from upstate New York, “but nothing to New Jersey’s transit agencies”....
July 21, 2023
Maritime accidents and safety
Biden administration warns of lengthy disruption at Baltimore port
...Carmakers that use Baltimore — the US’s largest vehicle import terminal — said they were rerouting trade to other east coast ports in South Carolina, New Jersey and New York, but expected bottlenecks due...
March 28, 2024
Disrupted Times
UK inflation flatlines
...Engineering company Rolls-Royce is to cut up to 2,500 jobs as part of a global restructuring to streamline its operations and boost returns....
October 18, 2023
Due Diligence
Man or Machine: Wall Street banks prefer scale Premium content
...But in a surprise move on Monday, Citigroup announced Raghavan was joining it as the new head of banking, where he’ll oversee investment banking as well as Citi’s corporate and commercial banking operations...
February 27, 2024
FT Live
Investing in America
Foreign companies as drivers of US growth, resilience and competitiveness
Tuesday, 10 DecemberHybrid Conference
News in-depthShipping
Mexico revives century-old railway in $2.8bn bid to rival Panama Canal
...Mexico’s government is bullish about prospects for the rail crossing, which will offer proximity to the US and a transit time of 6.5 hours excluding loading time — less than the eight to 10 hours it takes...
October 17, 2023
InterviewWar in Ukraine
Polish official calls out Biden on Ukraine grain promise
...Poland also wants the EU to agree a new subsidy worth about €30 per tonne of Ukrainian grain that transits via Poland, Hungary, Slovakia, Romania and Bulgaria on its way to Africa and other destinations...
August 29, 2023
News in-depthNikkei Asia
Billion-dollar airport whets Cambodia’s appetite for Chinese investment
...The meetings covered plans to invest in renewable energy, the gas sector, a data management centre, water supply upgrades and new rail links....
October 31, 2023
New York City
New idea to revamp Penn Station would pay billionaire James Dolan roughly $500mn
...In return, it would seek $250mn in annual payments, upon completion, to be split by Amtrak, the station’s owner, and its two main tenants, New Jersey Transit and the Long Island Rail Road....
June 28, 2023
Choice Hotels International Inc
Choice Hotels launches $10bn hostile bid for rival Wyndham
...Maryland-based Choice had a market capitalisation of about $6bn as of Tuesday afternoon, while the figure for New Jersey-based Wyndham, which owns the La Quinta and Ramada brands, was about $6.3bn....
October 17, 2023
Berkshire Hathaway Inc
Warren Buffett’s Berkshire Hathaway sells stocks as cash pile swells to record levels
...BNSF also reported lower rail shipment volumes....
November 4, 2023
The Big Read
Reinventing Penn Station: can New York still do big things?
...It would also require unprecedented co-operation between various rail fiefdoms....
March 10, 2023
News in-depthNikkei Asia
Cambodia vexes Vietnam with plan to divert Mekong trade via China-built canal
...The canal’s proponents argue it will be a faster and more cost-effective route than road or rail travel....
March 21, 2024
Due Diligence
What comes next for Microsoft’s $75bn Activision Blizzard deal? Premium content
...Its largest exposures in the US include the state of New Jersey and the Port Authority of New York, public entities with different risk profiles to the UK’s largely privately held water companies....
July 13, 2023
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
FT Magazine
Sarah de Lagarde fell on to the Tube tracks. Nobody helped. Why?
...In Canada, the Toronto Transit Commission (TTC) approved a plan in 2017 to introduce gap fillers across its network....
October 5, 2023
News in-depthNikkei Asia
Indian start-up valuations are slashed by global investors
.... ©2023 Nikkei Inc. All rights reserved....
May 31, 2023
Accountancy
Chinese companies switch auditors to avoid US delisting risk
...Jersey in 2022....
May 24, 2023
Hong Kong
Beijing’s new infrastructure binds Hong Kong to mainland
...A new centre of gravity The new infrastructure has brought development and wealth to an ever-wider radius around both cities....
January 27, 2023
The Big Read
Will Apple take a big bite out of the banks?
...Current job ads speak of “transforming the industry in payments, transit and identity”....
April 21, 2023
Patrick Jenkins
Why Visa and Mastercard have yet to face their Kodak moment
...But thanks to the spread of their operations into every corner of the world, it has been either impossible or economically unappealing for potential competitors to build new kinds of networks....
November 21, 2022
Legal services
In-house legal work: best practice case studies
...The purchase of the railroad operator will enable Canadian Pacific to launch the first rail network spanning Canada, the US and Mexico....
December 6, 2022
FirstGroup PLC
FirstGroup evaluates PE offer valuing shares at up to £1.23bn
...The activists — led by New York-based Coast Capital Management — were unhappy at the £3.3bn the company received for its First Transit and First Student transit and school bus operations in the US....
May 26, 2022
The Big Read
America’s new agricultural frontier: vertical farms
...The company, based in Newark, New Jersey, gave little explanation for the move. “Investors are a little bit gun-shy right now....
July 12, 2022
Go-Ahead Group PLC
Go-Ahead accepts £650mn bid from group led by Australian bus operator
...Governments including in the UK had also shifted to offering companies longer-term contracts when tendering bus and rail operations, Schreyer said....
June 14, 2022

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