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FT Magazine
Why everybody who’s anybody in Manhattan real estate relies on Jon Mechanic
...“I watched him build his empire and, by the way, it is an empire,” said Mary Ann Tighe, chief executive of another real estate firm CBRE’s New York office....
October 20, 2023
Wind power
US offshore wind goals will be missed, say parts manufacturers
...Vestas has agreed to supply offshore wind projects in New Jersey and New York and plans to build a nacelle factory....
November 12, 2023
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
News in-depthSolar power
China’s solar billionaire feels the heat as sector faces upheaval
...Additional reporting by Amanda Chu in New York and Wang Xueqiao in Shanghai ate...
March 26, 2024
News updates from January 29: US mistook enemy drone as its own in Middle East attack, Evergrande ordered to liquidate
Former Morgan Stanley executive Thomas Nides joins Blackstone as vice chair
...Thomas Nides, a former top Morgan Stanley executive and former US state department official has joined Blackstone Group as its vice chair....
January 29, 2024
Employment
Millions of workers are caught in a ‘non-compete’ trap
...A previous attempt by New York state lawmakers to ban non-competes was vetoed by Democratic Governor Kathy Hochul in December, after several Wall Street firms objected to the rule....
April 18, 2024
Major League Baseball
Baseball star Shohei Ohtani’s former interpreter charged with bank fraud
...Shohei Ohtani’s former interpreter was charged with bank fraud by the US Department of Justice, which accused him of wiring more than $16mn from the Los Angeles Dodgers baseball star’s bank account to pay...
April 11, 2024
FT Live
Business of Art
Market shifts and future growth
Monday, 7 October180 Studios, London, UK
United Steelworkers
Should US steelworkers fear a Nippon deal? Biden and a powerful union say ‘yes’
...USW president David McCall, a vocal critic of the Japanese group’s bid, was invited to a White House state dinner last week in honour of Fumio Kishida, Japan’s prime minister....
April 18, 2024
ExplainerDonald Trump
How Trump’s trial calendar is shaping up ahead of 2024 election
...Like the New York “hush money” case, a conviction against Trump in Georgia state court could not be absolved through a presidential pardon....
March 15, 2024
Rene Benko
Austria investigates René Benko for fraud
...At its peak the group held a property portfolio of luxury addresses — including London department store Selfridges, KaDeWe in Berlin and the Chrysler Building in New York — which Benko boasted was only rivalled...
April 16, 2024
Food & Beverage
Moves to ban lab-grown meat intensify in Republican US states
...Cultivated meat businesses argued they undergo close scrutiny by the US Food and Drug Administration and the US Department of Agriculture before products can be eaten....
March 31, 2024
US society
Glitch leaves US university students in the dark about cost of studies
...“This is seismic,” said Angel Pérez, chief executive of the National Association for College Admission Counseling....
February 25, 2024
Energy Source
Brighter skies for US offshore wind Premium content
...I believe the better days are ahead,” Vic Abate, chief executive of the wind business at GE Vernova, told investors in New York yesterday....
March 7, 2024
Due Diligence
Czech’s in the Royal Mail Premium content
...CNN boss Mark Thompson transformed a legacy newspaper into a digital-first media group as chief executive of The New York Times....
April 18, 2024
Oil & Gas industry
US energy security role in question as gas exports receive new scrutiny
..., chief executive of Venture Global....
January 17, 2024
Special ReportBusiness School Sustainable Education
Business school teaching case study: is private equity responsible for child labour violations?
...Pension fund investors in Blackstone from New York, North Carolina and Denmark were publicly critical, as was the California Public Employees’ Retirement System (Calpers)....
February 6, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
Signa Holding
Signa puts Chrysler Building up for sale in urgent effort to raise cash
...The art deco Chrysler Building, completed in 1930, was briefly New York’s tallest tower before being overtaken by the Empire State Building....
December 19, 2023
News in-depthAutomobiles
How VW and Toyota became the targets of an emboldened US union
...“The Alabama model for economic success is under attack,” wrote Alabama governor Kay Ivey on the state commerce department’s blog in January, calling car manufacturing one of Alabama’s “crown jewel industries...
April 4, 2024
Wells Fargo
Wells Fargo branch workers vote to form union in a first for major US bank
...When the 600,000-member Communications Workers of America negotiated a contract for employees at Beneficial State Bank in 2021, it said it was the first new union at a US bank for 40 years....
December 20, 2023
Cryptofinance
Bitcoin is back with one eye on record high Premium content
...The New York Department of Financial Services said exchange Gemini has committed to return more than $1bn to customers....
March 1, 2024
FirstFT
FirstFT: Israel launches attacks against Iran
...Take a break from the news The Tortured Poets Department, Taylor Swift’s 11th album is released today....
April 19, 2024
Julius Baer Gruppe AG
Julius Baer chief executive and board member to leave over Signa exposure
...Julius Baer is one of the biggest lenders to Signa, a European luxury developer whose assets include a stake in KaDeWe, Germany’s most famous department store, and the Chrysler Building in New York....
January 31, 2024
Sexual misconduct allegations
New York law unleashes ‘avalanche’ of historic sexual abuse claims
...Her lawsuit is one of almost three thousand filed over the past year in New York state under the Adult Survivors Act, which temporarily suspended the statute of limitations for civil claims brought by victims...
November 23, 2023
FirstFT
FirstFT: US investors consider their TikTok options
...York....
March 15, 2024
The Art Market
Changing tastes hobble New York auction season
...Following a mammoth New York sales season that landed at the low end of expectations, the art-market mood is distinctly flat as a difficult year draws to a close....
November 23, 2023
Private equity
Private equity should share more wealth with workers, says US pension giant
...“I actually think we have achieved the sweet spot of where you want to be.” Additional reporting by Antoine Gara in New York...
February 15, 2024

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