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Golf
‘Billionaires’ playgrounds’: the $1mn fees upending Florida’s golf clubs
...Florida has the highest density of golf courses of any US state, with more than 1,250 courses, according to the National Golf Foundation....
April 10, 2024
FT MagazineJancis Robinson
Napa Valley is California’s wine barometer, an expensive one
...According to the 2023 Direct to Consumer Wine Survey by the Silicon Valley Bank, the average cost of a “reserve tasting” in Napa Valley was $128....
April 20, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Artificial intelligence
Booming AI demand threatens global electricity supply
...Developers are looking to build sites in growing areas such as the US states of Ohio and Texas, regions of Italy and eastern Europe, Malaysia and India, according to analysts....
April 17, 2024
News in-depthDonald Trump
Trump masks his rage as ‘hush money’ trial starts
...Therefore, it is not just his reputation or his bank account that are at stake. This time, Trump is at risk of losing his freedom....
April 23, 2024
FT Globetrotter
New York uncorked: Manhattan’s coolest wine stores
...region also produces tart natural wine — and indulged in a bottle of Listán Negro from the Mexican producer Bichi....
March 26, 2024
Asset allocation
*SOLD OUT* The FT Alphaville pub quiz is finally returning to New York
...Email alphaville@ft.com with the subject line PQNYC2024, CCing up to five prospective team members for a maximum team size of six. Give the mobile number of the team captain and your team’s name....
April 4, 2024
FT Live
Future of Asset Management North America
New models for the next age of fund management
Wednesday, 25 SeptemberNew York, NY, USA
LexNatural gas
The worst of the gas glut is over for US drillers Premium content
...Three regions produce 61 per cent of the country’s natural gas: Appalachia, the Permian and the Haynesville (mostly east Texas and Louisiana)....
April 8, 2024
Due Diligence
The $1mn fees roiling Miami’s golf clubs Premium content
...York for Miami has put a strain on everything in the Sunshine State....
April 11, 2024
Bankruptcy
The US scourge of venue shopping
...Since the only asset of the Sorrento affiliate was a bank account created days before filing, that was enough. Why did Sorrento want to file in Houston?...
March 28, 2024
FT Magazine
Battle for the American West
...We sat in a coffee shop beneath a shelf of books on the geology of the region by the writer John McPhee....
April 13, 2024
Baltimore
Big ships, big problems
...Further reading: — The bank effect and the big boat blocking the Suez (FTAV) — Those boats in Texas paraded at the wrong speed (FTAV) — A resident of New Bern, NC, may in fact have a new boat (FTAV)...
March 28, 2024
FirstFT
FirstFT: US banks set for profits boost
...Over the past two years, big banks such as JPMorgan Chase, Bank of America, Citigroup and Wells Fargo charged more for loans in lockstep with the Fed lifting interest rates, without passing on the increase...
April 9, 2024
Property sector
Brooklyn’s super-tall ‘Sauron’ tower in clouds of uncertainty
...It is a line of business several big developers have entered since banks reined in their real estate lending after the 2008 financial crisis....
April 8, 2024
Gillian Tett
A rotten system for sovereign debt restructuring needs fixing
...gillan.tett@ft.com Letters in response to this column: IMF can help fix the system of sovereign debt restructuring / From Reza Baqir, Former Governor, State Bank of Pakistan (2019-2022); Global Practice...
March 7, 2024
Demographics and population
Americans are giving up on the West (of America)
...Note in from Bank of America: the West is in decline. Specifically, the American West is in decline....
February 5, 2024
FT Live
Innovative Lawyers Awards North America
Celebrating innovations from both law firms and in-house teams in the region
Monday, 9 DecemberGotham Hall, Broadway, New York, NY, USA
Gaming
Can Grand Theft Auto VI match its $7.7bn predecessor?
...The first official trailer for GTA VI launched this week, announcing a release window of 2025. The game will be set in the state of Leonida, a fictionalised Florida....
December 6, 2023
Global Economy
Latin America’s private sector is failing the region, economist Mazzucato warns
...She cites Germany’s development of green steel, using its state development bank KfW to make loans conditional on the introduction of environmentally friendly technologies....
February 10, 2024
Middle Eastern economy
IMF warns of long-lasting economic impact of Gaza war on Middle East
...Oil-rich Gulf states and some other countries in the region had recovered well in the immediate aftermath of the pandemic, but outbreak of the war in Gaza has triggered tensions and hostilities across the...
April 18, 2024
Travel
The dark day of my dreams
...Meanwhile, the moon was already at the heels of the sun, and a fine bank of cloud, torn like old cloth, had gathered on the far horizon....
April 13, 2024
Insurance
Lloyd’s of London chief calls for quick insurance payouts on Baltimore bridge
...“We deeply regret this incident and the problems it has caused for the people of Baltimore and the region’s economy that relies on this vitally important port,” it said....
March 28, 2024
Wildfires
Texas battles second-largest wildfire in US history — in winter
...A series of towns in the northernmost region of Texas, known as the Panhandle, issued evacuation and shelter in place orders....
March 4, 2024
FT Swamp Notes
Left brain, right brain Premium content
...have led to a persistent wariness about the long-term state of the economy....
February 12, 2024
Due Diligence
Delaware fires back at corporate lawyers Premium content
...Some of Vanke’s offshore bonds have been trading at distressed levels. But they are “still too expensive”, said one offshore bond trader at a Chinese state bank in Hong Kong....
March 15, 2024
Electric vehicles
Audi looks at EV manufacturing in US to expand market share
...He added that “bigger SUVs” would be part of Audi’s US strategy. While EV sales have taken off in coastal regions, many drivers in inland states still prefer combustion engine models, he added....
March 19, 2024
Climate change
El Niño heralds turbulent start to 2024
...Regions along the Rhine, Elbe, Lippe, Ruhr and Weser rivers were affected by flooding, with parts of the city of Hamburg submerged....
January 5, 2024

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