State Of Illinois

News in-depthReckitt Benckiser Group PLC

Fight, settle or split? How a $60mn damages verdict is piling pressure on Reckitt

...Once appealed, the award could be reduced by a judge but that process could take more than a year, and there are thousands more state claims waiting in the wings, filed on behalf of plaintiffs in Illinois...

March 22, 2024

Thames Water

Chinese state banks are lenders to Thames Water’s parent company

...Two Chinese state-owned banks hold a crucial role in the future of Thames Water, as part of a group of lenders involved in a stand-off over debt at the parent company of Britain’s largest water utility....

April 4, 2024

FT Live

Bank of the Year Awards 2024

Recognising the best in banking globally

Singapore

Singapore gives top-level briefings to reassure foreign banks on stability

...investigation, the largest in the city-state’s history....

April 21, 2024

News updates from the Iowa caucuses: Trump called as winner of state race, DeSantis edges out Haley to finish second

‘No difference’ between Trump and his rivals, says Illinois governor

...Biden was “ready for any one of them”, he added....

January 15, 2024

Retail & Consumer industry

Reckitt shares plunge after $60mn damages over baby formula

...The jury in an Illinois state court came to the conclusion that one of its formulas for premature babies, Enfamil Premature 24, which is manufactured by Reckitt’s US infant formula business Mead Johnson,...

March 15, 2024

OutlookPatti Waldmeir

Cicada-geddon: a rare insect event draws fans to the Midwest

...Illinois....

April 15, 2024

FT Live

Business Book of the Year Award 2024

The search for the best business book is under way

UK politics opinion polls

UK general election poll tracker

...Labour’s poll lead over the Conservatives is the largest of any opposition party since 1997....

April 25, 2024

FT Magazine

What became of Rahile Dawut?

...But when she failed to surface, her inner circle went into a state of panic, searching for any information of her whereabouts....

April 26, 2024

Live news: EU launches probe into Chinese medical devices

Reckitt outstrips forecasts but baby formula lawsuit looms large

...A ruling in an Illinois court last month over an Enfamil product wiped £5bn off the company’s market value....

April 24, 2024

Energy Source

The ripple effects of the electric vehicle revolution Premium

...This week, the International Energy Agency released hundreds of pages of reports on the state of electric vehicles and batteries. We sum up our three biggest takeaways....

April 25, 2024

Chinese society

China’s ageing tech workers hit by ‘curse of 35’

...The curse of 35 is a source of major anxiety for tech workers....

April 23, 2024

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

Letter

Letter: Chicago’s skyscrapers are actually well-grounded

...Jean BognerResearch Professor EmeritaDepartment of Earth & Environmental SciencesUniversity of Illinois at Chicago (UIC), Chicago, IL, US Letter in response to this letter: Liverpool’s links with...

February 26, 2024

News in-depthUS society

Illinois to become first US state to abolish cash bail

...That will change on Monday in Illinois, when the state becomes the first in the US to entirely eliminate the use of cash bail....

September 17, 2023

US Election Countdown

Opening salvos in Donald Trump’s Manhattan criminal trial

...And today, the president will visit Trump’s adopted home state of Florida, one week before its new six-week abortion ban goes into effect....

April 23, 2024

FT Live

Business of Art

Market shifts and future growth

OutlookPatti Waldmeir

Sinking skyscrapers, new beaches: Chicago faces the climate crisis

...Illinois at Chicago (UIC), Chicago, IL, US...

February 19, 2024

Inside BusinessSujeet Indap

Delaware, Inc agonises about Musk backlash as its lawyers seek changes

...The lawyers are members of the Delaware state bar association that customarily makes such proposals to update the state’s corporate law....

April 23, 2024

US-China relations

China warns Blinken US must choose between ‘co-operation or confrontation’

...It was not clear whether Blinken would see Xi, whom the US secretary of state last met in Beijing in June last year....

April 25, 2024

News updates from March 8: US adds 275,000 jobs in February; Bitcoin and gold touch new highs

Rivian pauses construction of new Georgia factory

...Rivian is pausing construction of a new factory in Georgia and instead plans to build its new, less expensive sport utility vehicle at its plant in Illinois....

March 7, 2024

News updates from March 7: Sweden joins Nato; Powell says Fed ‘not far’ from having confidence to cut rates

Rivian pauses construction of new Georgia factory

...Rivian is pausing construction on building a new factory in Georgia and instead plans to build its new, less expensive sport utility vehicle at its plant in Illinois....

March 7, 2024

News updates from March 15: US home fees set to fall; Foxconn boosts outlook on AI hopes

Reckitt shares set for historic plunge after baby formula verdict

...Shares of the latter were down 4.7 per cent in New York. Read more here...

March 15, 2024

ReviewFiction

Caledonian Road — Andrew O’Hagan’s state-of-Britain novel

...If this is a state-of-the-nation novel, O’Hagan paints a bleak portrait....

March 28, 2024

FT readers respond

FT readers respond: UK ‘pothole crisis’

...For others, Britain’s pockmarked roads symbolise a broader problem — a chronic mismanagement of public funds....

April 24, 2024

UK local elections

UK ‘pothole crisis’ threatens Conservative party ahead of local elections

...For a party that is “proudly pro-car”, in the words of transport secretary Mark Harper, the state of Britain’s roads is a serious problem, reflecting on years of constraints on the local councils charged...

April 16, 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

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