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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
Volkswagen AG
US Porsche, Bentley and Audi imports held up over banned Chinese part
...The US prohibits the import of products that have been made with forced labour in the western Xinjiang region and other areas in China under the Uyghur Forced Labor Prevention Act of 2021....
February 14, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
Employment
Wobbly jobs data leaves central bankers on shaky ground
...In the US, just four out of 50 states make responding to government polls compulsory....
April 1, 2024
Super Tuesday: How the night unfolded
Progressives do well in Minnesota but Biden still beat Sanders last time
...Minnesota has a history of high turnout and progressive politics, as one might guess of a state where the official moniker of one of the parties is the Democratic-Farmer-Labor Party....
March 5, 2024
Special ReportWomen in Business
US unions woo female workers on gender pay gaps
...Unions are what “cuts into that gender pay gap,” argued Liz Shuler, the first woman president of the AFL-CIO union federation, as part of her “State of the Unions” speech last August, ahead of Labor Day....
March 8, 2024
Special ReportBusiness School Sustainable Education
Business school teaching case study: is private equity responsible for child labour violations?
...And in the US, factories in a number of states have been found in breach of child-labour rules by drawing on an unprecedented pool of children who have arrived as unaccompanied migrants from Central America...
February 6, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
FirstFT
FirstFT: US investors consider their TikTok options
...And here’s what I’m keeping tabs on today and over the weekend: Economic data: The US Labor Department’s Bureau of Labor Statistics releases monthly import and export statistics and the University of Michigan...
March 15, 2024
Corporate earnings and results
US companies are still *very* profitable
...Using a set of industry- and state-level panel regressions, we estimate that a 1pp increase in wage growth boosts price inflation by about 0.3pp (Exhibit 9)....
March 5, 2024
Letter
Letter: How US avoids complicity in the Gaza catastrophe
...Second, in 1971 Richard Nixon’s secretary of state, William Rogers, supported a political settlement of the Arab-Israeli conflict, including withdrawal from territories occupied in the six-day war of 1967...
March 13, 2024
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
ReviewFilm
Amazon workers come together in Union at Sundance Film Festival — review
...We see the young president of the Amazon Labor Union, Chris Smalls, lead former and current employees on picket lines and in sometimes contentious meetings....
January 23, 2024
Leo Lewis
Oodles of noodles: how a global favourite became an economic red flag
...In his 2022 book Orange Collar Labor, the academic Michael Gibson-Light uses the testimonies of inmates and staff to describe a prison system that, in part because of financial incentives for private operators...
March 14, 2024
Trade SecretsAlan Beattie
The political lessons from Australia’s defiance of China
...EU’s multi-layered system of commissioners, the European parliament and member states....
April 4, 2024
Global InsightNic Fildes
Why the left stumbled in Australia and New Zealand
...South Australia, a state that has long had a history of supporting progressive social movements and a critical state for the yes campaign to win, also voted no....
October 20, 2023
Private equity
Private equity should share more wealth with workers, says US pension giant
...PSSI, a sanitation business owned by the private equity giant, was ordered to stop using child labour after a 2022 Department of Labor investigation....
February 15, 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
Energy Source
Rising petrol prices create fresh headache for Biden Premium content
...state....
April 11, 2024
Unhedged
China has little choice but stimulus Premium content
...with this, as it has in the past, through some combination of state-directed industrial consolidation and higher exports....
March 12, 2024
EU economy
Sweden as a global bellwether
...This makes Swedish data a natural leading indicator on the state of worldwide manufacturing and exports, the most cyclical component of most economies’ GDP....
March 21, 2024
ESG investing
Green investment in Texas shows how funds are navigating anti-ESG laws
...In September, a federal judge dismissed a lawsuit challenging a Department of Labor rule that allowed but did not require fiduciaries to consider ESG factors in investments....
January 7, 2024
Education
Academics fight back against donors’ influence after turmoil at Penn
...One factor is the funding of American higher education, with once state-funded public institutions increasingly reliant on powerful donors like their elite, private, non-profit peers in the Ivy League....
December 18, 2023
News in-depthShrinkflation
‘Shrinkflation’ is coming for your Easter egg
...US President Joe Biden criticised companies over “price gouging” and downsizing of their products in his State of the Union address, saying that “snack companies think you won’t notice when they charge you...
March 29, 2024
US economy
Goldman: The US GDP–GDI gap won’t hurt you
...— Fourth, the list of state and local government enterprises that are included in GDI has not been updated for several decades, and several of the largest state and local government enterprises no longer...
February 12, 2024
Xinjiang
China’s Xinjiang aluminium boom exposes global carmakers to forced labour
...Jim Wormington, who led the Human Rights Watch research, said “the reality is that the whole mechanism of labour transfer” is deployed for increased coercion and control by the state....
February 1, 2024
Global InsightMichael Stott
Oil still looks like an easier bet for Latin America than renewables
...Finance minister Fernando Haddad was in New York in September looking for investment in green energy, but state-controlled oil group Petrobras has pledged to invest more than 80 per cent of its $78bn of...
November 14, 2023
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

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