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News updates from April 5: US jobs growth outstrips forecasts in March; Thames Water parent company defaults on debt
New Jersey earthquake shakes New York City and other parts of the northeast
...New York City and other parts of the northeastern US were shaken on Friday following an earthquake in northwestern New Jersey....
April 5, 2024
News in-depthDonald Trump
Trump masks his rage as ‘hush money’ trial starts
...Instead, he had to settle for the moral support of Andrew Giuliani, the son of the former New York City mayor and his erstwhile lawyer Rudy....
April 23, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, 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
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
Live news: Boeing reports $355mn loss on slower Max production
Russian court orders seizure of $440mn from JPMorgan
...A Russian court has ordered the seizure of JPMorgan Chase funds totalling $439.5mn after state-owned lender VTB filed a lawsuit to “recover losses” from the largest US bank....
April 24, 2024
The Big Read
The pensioners and babies behind a new era of climate lawsuits
...The “moral force” of these precedent-setting decisions by top courts could boost the chances of success for a new wave of legal action expected elsewhere this year, Weiss says....
April 12, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Robert Menendez
US prosecutors allege senator Bob Menendez took bribes to help Qatar
...US senator Bob Menendez accepted bribes to take actions favourable to Qatar, federal prosecutors alleged on Tuesday, as they added new detail to the corruption case against the New Jersey Democrat....
January 2, 2024
Climate legislation
Republican states step up legal threats to Biden’s climate agenda
...“The Supreme Court has made clear that it’s sceptical of agencies trying to pour new wine out of old bottles — and in environmental law, most of our bottles are really old,” he said....
April 12, 2024
Sovereign bonds
The looming New York sovereign debt bills debacle
...The third bill is less threatening as champerty has long been part of New York State law and its effect is known....
April 22, 2024
Gilts
UK opens up gilts sales to retail investors
...Stancliffe said retail investors will initially only be able to participate in auctions of new gilts, but didn’t rule out access to “taps” — auctions to top up existing bonds — in the future....
February 22, 2024
Federal Trade Commission US
Employee non-compete ban challenged in court by US business groups
...New York state lawmakers voted to ban the contracts last year, only to be vetoed in December by the state’s Democratic governor, Kathy Hochul, after an uproar from Wall Street groups....
April 24, 2024
Letter
Letter: Exhibit A: Appalling state of Russia’s court system
...The scenes at the Russian court (“Four suspects appear in court as Russia mourns concert attack dead”, Report, FT.com March 24) show the appalling state of justice there: beaten and humiliated defendants...
March 27, 2024
News updates from February 7: Netanyahu rejects Hamas ceasefire demand, Disney unveils $3bn buyback
Bill Ackman courts retail traders with launch of new US fund
...The new fund structure reflects that of Ackman’s Amsterdam-listed vehicle Pershing Square Holdings....
February 7, 2024
UK housebuilding
State housing schemes in England have ‘materially underdelivered’ since 2020
...State housebuilding schemes in England have “very materially underdelivered” since 2020, according to a review of the government’s housing and regeneration agency, which criticised Whitehall for worsening...
April 8, 2024
US presidential election 2024
Exit of Donald Trump critic Chris Christie shakes up Republican primary race
...MacDonald said Christie made “his own decision” to leave but also hinted at the feeling of grievance. “You don’t bully a guy from New Jersey: there were attempts to bully him out of the race....
January 11, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Fund management
Woodford was German, just for one day
...only serve institutional investors — has turned up in corporate filings in the Cayman Islands and the US state of Delaware....
April 18, 2024
Robert Menendez
Robert Menendez charges rattle New Jersey’s infamous Hudson County
...An exit from Washington politics could tip the balance of power in a closely divided US Senate — and would be invoked by Republicans vying for control of New Jersey’s state house in elections next month....
October 8, 2023
JPMorgan Chase & Co
Russian court orders seizure of $440mn from JPMorgan
...Last summer, a Russian court froze about $36mn worth of assets owned by Goldman following a lawsuit by state-owned bank Otkritie....
April 24, 2024
US presidential election 2024
Donald Trump critic Chris Christie drops out of Republican primary race
...Christie had focused his campaigning efforts almost exclusively on independent-minded voters in New Hampshire, the New England state that will hold its primary on January 23....
January 11, 2024
Donald Trump
Donald Trump finds a sympathetic crowd in New York’s Harlem neighbourhood
...But Trump is also the man who, to this day, refuses to apologise for buying a full-page advertisement in The New York Times in 1989, calling for the state to reinstitute the death penalty for the Central...
April 20, 2024
Elon Musk
Can Elon Musk derail Delaware?
...Lipton at the time wondered out loud about blue-chips ditching their Delaware domiciles — where the majority of large, listed American companies choose to incorporate — for the likes of New Jersey and Pennsylvania...
February 5, 2024
News updates from April 9: OpenAI and Meta ready new AI models; EU launches probe into Chinese wind turbine companies
Arizona’s top court rules in favour of near-total abortion ban
...The state had previously banned abortions beyond 15 weeks of pregnancy. Read more here...
April 9, 2024
Labour Party UK
Labour shadow justice secretary defends UK’s membership of ECHR
...out of this debate . . . most of the British public wants to see a two-state solution.”...
April 21, 2024
BT Group Plc
BT class action case to test new ground in English courts
...Only in the event of a successful claim would it “receive a multiple of that investment as approved by the court”....
January 28, 2024
News in-depthDonald Trump
Trump prepares his final pitch on presidential immunity
...Republican attorneys-general from 18 states warned that “the risk of partisan prosecution of presidents is real and present”, echoing Trump’s argument that cases against him are politically motivated and...
April 24, 2024

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