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US Inflation Reduction Act
Georgia governor says Biden subsidies are hurting state’s booming economy
...“But the tax incentives are helping companies make the decision to speed up investment and to ensure manufacturing is happening in the United States.”...
February 18, 2024
World
Why New York law doesn’t actually matter
...Perhaps this seeming naivété telegraphs concern over the parlous state of New York’s own finances and sets the stage for the looming need to deal with roughly $200bn owed by the state, its authorities, and...
May 6, 2024
FT Live
Future of Asset Management North America
New models for the next age of fund management
Wednesday, 25 SeptemberNew York, NY, USA
North American prime property
The rise of the Manhattan mega renter
...Among those factors is Michael Bloomberg, who was mayor of New York for 12 years to the end of 2013 and made reshaping the city skyscape a priority of his administration — and the focus of his legacy....
May 10, 2024
John Thornhill
The great American innovation engine is firing again
...An additional $447bn of investment has since been announced in 83 separate projects across 25 states....
May 9, 2024
US politics & policy
Biden administration plans to loosen marijuana rules
...The Department of Health and Human Services first recommended the agency remove cannabis’s schedule-1 classification last year, but the DEA’s determination was the next big hurdle....
April 30, 2024
Israel-Hamas war
Columbia threatens expulsion for student protesters
...She accused the administration of targeting Palestinians for suspension and “creating a state-of-emergency on campus to sabotage negotiations”....
April 30, 2024
FT Live
Investing in America
Foreign companies as drivers of US growth, resilience and competitiveness
Tuesday, 10 DecemberHybrid Conference
Israel-Hamas war
Police raid UCLA protest camp as clashes over Gaza spread across US
...But it also criticised the UCLA administration and called for the immediate closure of encampments. “People are sad and upset,” said one UCLA faculty member....
May 2, 2024
Maritime accidents and safety
Biden administration warns of lengthy disruption at Baltimore port
...its services “for the foreseeable future”....
March 28, 2024
Israel-Hamas war
New York police storm Columbia and arrest pro-Palestinian protesters
...The administration turned to negotiating with the students in the hope of resolving the situation before graduation in mid-May....
May 1, 2024
Drug prices
California moves to cut medicine prices with novel deal on opioid overdose drugs
...The US Food and Drug Administration last year approved over-the-counter sales of Narcan — the branded version of naloxone, a nasal spray used to reverse opioid overdoses — in the hope that greater access...
April 29, 2024
Bankruptcy
The US scourge of venue shopping
...Because 198 days before filing for bankruptcy (just outside the 180 day requirement under the bankruptcy venue statute), Purdue changed the service of process address for its non-equity general partner to...
March 28, 2024
News in-depthDonald Trump
Trump masks his rage as ‘hush money’ trial starts
...have prompted the administration to call in the police and cancel in-person classes....
April 23, 2024
Walt Disney Co
Disney settles lawsuit in Florida theme-park dispute
...At the same time, the state has moved to ease the impact of the “Don’t Say Gay” law....
March 27, 2024
Baltimore
Big ships, big problems
...The product of four years of study with the Maryland Port Administration, the report recommends that the Corps dredge the West Seagirt Branch Channel to a depth of 50 feet and a width of 750 feet, even wider...
March 28, 2024
US immigration
New York files $708mn lawsuit over migrants bussed from Texas
...person out of state or support him at his own expense”....
January 4, 2024
FT Live
Innovative Lawyers Awards North America
Celebrating innovations from both law firms and in-house teams in the region
Monday, 9 DecemberGotham Hall, Broadway, New York, NY, USA
Due Diligence
The $1mn fees roiling Miami’s golf clubs Premium content
...York for Miami has put a strain on everything in the Sunshine State....
April 11, 2024
Inside BusinessSujeet Indap
Delaware, Inc agonises about Musk backlash as its lawyers seek changes
...On Thursday, March 28, a group of powerful Delaware lawyers put in motion a plan to make a series of changes to the state’s eminent corporate code, known as the Delaware General Corporation Law....
April 23, 2024
New York City
Hedge fund Graham Capital wants New York office as others cut space
...Graham Capital Management is planning to expand to New York after decades as a Connecticut-based hedge fund, in a vote on the future of America’s financial capital following an exodus of investment firms...
May 1, 2024
LexNatural gas
The worst of the gas glut is over for US drillers Premium content
...Together they accounted for almost all of the 4 per cent increase to a record high output last year, according to the US Energy Information Administration....
April 8, 2024
Gillian Tett
A rotten system for sovereign debt restructuring needs fixing
...Leader of Sovereign Advisory Services, Alvarez & Marsal, Dubai, United Arab Emirates Flaws in New York State’s well-intended debt plan / From Leland Goss, Managing Director and General Counsel, International...
March 7, 2024
Donald Trump
Trump’s bond reduced to $175mn in civil fraud case
...in the state....
March 25, 2024
Donald Trump
Trump claims he may need ‘fire sale’ to pay $464mn fraud judgment
...The judgment, which exceeds $464mn with interest, can be collected by the New York attorney-general unless Trump posts a bond for the full amount while he appeals....
March 19, 2024
FT Swamp Notes
Left brain, right brain Premium content
...have led to a persistent wariness about the long-term state of the economy....
February 12, 2024
Taiwan Semiconductor Manufacturing Co Ltd
TSMC boosts Biden’s AI chip ambitions with $11.6bn US production deal
...“And now, because of this announcement, these chips will be made in the United States of America.” But industry executives and analysts said that claim went too far....
April 8, 2024
Reproductive rights
Arizona court bans almost all abortions in Trump-Biden swing state
...The state had previously banned abortions beyond 15 weeks of pregnancy....
April 9, 2024

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