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McKinsey
McKinsey-led think-tank advised China on policy that fed US tensions
...with the firm’s work for the US Department of Defense....
February 23, 2024
Ransomware
Ransomware attack on ICBC disrupts trades in US Treasury market
...ICBC FS operates independently from ICBC in China, it added, and neither the head office nor the New York branch of ICBC itself were affected....
November 10, 2023
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
US society
Columbia University calls in police to break up pro-Palestinian protest
...New York mayor Eric Adams said the police had made 108 arrests. Columbia also suspended the students who had occupied part of its main campus for more than 30 hours....
April 18, 2024
FT CollectionsWar in Ukraine: military strategies
Military briefing: Ukraine digs deep as Russians advance
...The order to build new, stronger defences should have come in late 2022 at the start of the “frantic pressure on Bakhmut”, Badrak said, referring to the eastern Ukrainian city where a 10-month battle cost...
March 28, 2024
Ecuador
Ecuador sparks diplomatic crisis after police storm Mexican embassy
...Will Freeman, a fellow for Latin American studies at the Council on Foreign Relations in New York, said that Noboa’s actions are probably intended to bolster domestic support....
April 7, 2024
O. J. Simpson
OJ Simpson, NFL star known for ‘trial of the century’, dies aged 76
...The trial of one of America’s most famous Black citizens in a Los Angeles courtroom unfolded four years after the brutal beating of Rodney King, a Black man, by LA police, and racial tensions in the city...
April 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
Eric Adams
FBI seized New York mayor Eric Adams’s devices in corruption probe
...In a statement, Adams, a former police officer who was elected to City Hall in 2021, said he expected “all members of my staff to follow the law and fully co-operate with any sort of investigation”....
November 10, 2023
News updates from November 11: Moody’s cuts US credit outlook cut to ‘negative’, Lagarde chucks hopes of early rate cuts
FBI seized New York mayor Eric Adams’ devices in corruption probe
...In a statement, Adams, a former police officer who was elected to City Hall in 2021, said he expected “all members of my staff to follow the law and fully co-operate with any sort of investigation”....
November 10, 2023
Edwin Heathcote
Hollowed-out department stores offer an opportunity for the high street
...The department store was once a marker of civic prestige, an anchor of the main street, a place about potential. The joy of shopping was not so much in the destination but in the journey....
February 17, 2024
News in-depthDrug trafficking
How Mexico stymied America’s war on drugs
...The reports in ProPublica and the New York Times said one inquiry was shut down in 2011, while a second did not develop into a formal investigation....
April 5, 2024
Unhedged
NYCB won’t be the last rates accident Premium content
...The bank also took a loss on a loan to a rent-controlled New York City multifamily building — an asset type that was NYCB’s speciality before its recent mergers....
March 6, 2024
FirstFT
FirstFT: The main takeaways from Biden’s State of the Union speech
...The number of problem banks in the US has jumped 18 per cent, regulators warned yesterday, as New York Community Bank was stabilised by a $1bn capital raise led by former US Treasury secretary Steven Mnuchin...
March 8, 2024
News in-depthAutomobiles
How VW and Toyota became the targets of an emboldened US union
...“The Alabama model for economic success is under attack,” wrote Alabama governor Kay Ivey on the state commerce department’s blog in January, calling car manufacturing one of Alabama’s “crown jewel industries...
April 4, 2024
Film
Sundance Film Festival 2024 round-up — leaner line-up still packs a punch
...The obstacles and sexism she faces can seem monolithic, but she is able to cultivate a source in the local police department who will talk, and then a valuable witness from the night of her assault....
January 24, 2024
ObituaryIra Millstein
Ira Millstein, lawyer, 1926-2024
...He was, above all, a New Yorker. He gave generously of his time to the city, not least in advising mayor Abraham Beame in 1975 when New York faced bankruptcy, which it narrowly escaped....
March 18, 2024
FT Live
The Global Boardroom: 8th Edition
FT journalists in conversation with leaders in business and government
Wednesday, 4 DecemberDigital Conference
InterviewMusic
Cabaret star Ute Lemper: ‘I felt like an outcast, but I had my music to escape’
...In the twilight haze of New York’s 54 Below club, it’s hard to tell what time it is....
April 9, 2024
FirstFT
FirstFT: Benjamin Netanyahu unveils postwar plan for Gaza
...The Cuddy Law Firm had invoked the predictive artificial intelligence tool in a declaration to the court over a case it won against the city’s education department....
February 23, 2024
News in-depthDemocratic Party US
New York immigration crisis exposes tensions among Democrats
...Sending more money and relief to New York City would be deeply unpopular in the rest of the country....
September 28, 2023
HTSIHow To Give It 2023
The queens of NYC philanthropy
...Nowhere is this more felt than in New York City – a cultural, diplomatic, financial and scientific hub of 7.8 million people, where shortfalls in government spending have long prompted the city’s most powerful...
December 8, 2023
Israel-Hamas war
Biden hopeful Israel-Hamas ceasefire could start next week
...Israel, meanwhile, is preparing to launch a new offensive in Rafah, a city near the Gaza Strip’s border with Egypt....
February 27, 2024
Purdue Pharma LP
US Supreme Court grapples with Sackler liability releases in Purdue bankruptcy
...An initial deal struck and approved in 2021 by the New York federal court overseeing Purdue’s bankruptcy called for members of the Sackler family who had long controlled the company to put up $4.3bn of their...
December 4, 2023
Shawn Fain
How ‘true believer’ Shawn Fain reignited pro-union fervour in Detroit
...Fain, one of three children whose father was the city’s police chief, started at a Chrysler plant in 1994 as an electrician and moved into local union leadership....
September 22, 2023
US Department of Justice
Three accused of harassing Chinese dissident stand trial in ‘Fox Hunt’ case
...Michael McMahon, a retired New York Police Department sergeant working as a private investigator, along with Zhu Yong of Queens and Zheng Congying of Brooklyn, were directly or indirectly “instructed by...
May 31, 2023
InterviewLunch with the FT
Actor Michael Douglas: ‘What roles haven’t I done?’
...I expect to hear that he was in the Polo Lounge a lot growing up, but he actually spent his childhood in New York because Kirk and his mother, Diana, divorced when he was young....
April 12, 2024
The Big Read
How unions are fighting a boardroom battle at Starbucks
...Brad Lander, New York City’s comptroller, says the city’s pension funds have not yet decided whether to vote for SOC’s nominees, but considers the campaign “an important next step in that process where shareholders...
January 24, 2024

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