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

The Impact Of Gen AI On The Legal Sector

How are law firms leveraging technology to transform services and operations?

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

Kuwait

Kuwait’s emir dissolves country’s parliament after years of deadlock

...The emir, a member of the ruling Al-Sabah dynasty who took the throne last year, said that lawmakers were encroaching on the powers of the head of state, including to choose a crown prince — the royal who...

May 11, 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

Future of the Car 2025

The leading gathering for the automotive industry

Israel-Hamas war

US says Israel’s use of American arms may have violated humanitarian law

...Israel may have used US-made weapons in ways that violate humanitarian rights, according to a state department study that stopped short of formally accusing the Jewish state of breaking international law...

May 10, 2024

National Health Service

Labour accuses Rishi Sunak of failing patients on NHS waiting times

...The state of the health service is one of the most important issues for voters, with 45 per cent of people listing it as one of their top three concerns, just behind the economy on 51 per cent, according...

May 7, 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

OutlookPatti Waldmeir

Sinking skyscrapers, new beaches: Chicago faces the climate crisis

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

February 19, 2024

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

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

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 Live

Business Book of the Year Award 2024

The search for the best business book is under way

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

Kenya

Kenya president set for landmark US state visit as Russia builds Africa influence

...He would be the first African head of state to address US lawmakers since former Liberian president Ellen Johnson Sirleaf 18 years ago and the late South African leader Nelson Mandela in the 1990s....

May 7, 2024

News updates from April 24: Meta shares fall after earnings; Spain’s PM considers quitting

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

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

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

Thames Water

Thames Water lenders face losses of up to 40% in event of nationalisation

...cent of their money....

April 18, 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

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

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

Ministry of Defence UK

UK suspects China behind cyber attack on military personnel data

...He is set to confirm indications that a hostile state was responsible, but the UK government is not expected to publicly name China....

May 7, 2024

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