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Fund management
JPMorgan and State Street quit climate group as BlackRock scales back
...In 2022, West Virginia led the way when it barred five financial firms, including JPMorgan, BlackRock and Goldman, from new state business, saying they were “boycotting” the fossil fuel industry....
February 15, 2024
Artificial intelligence
Booming AI demand threatens global electricity supply
...But some of the most popular places for building the facilities, such as northern Virginia, are facing capacity constraints which, in turn, are driving a search for suitable sites in growing data centre...
April 17, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
News in-depthTikTok Inc
TikTok fortune of billionaire Republican donor Jeff Yass threatened by Washington
...One of the nay votes was from West Virginia’s Alexander Mooney, who has received $2.4mn in support from the Club for Growth and the Protect Freedom PAC for his senate bid....
April 24, 2024
Climate legislation
Republican states step up legal threats to Biden’s climate agenda
...The court is deliberating on another case, Relentless Inc vs Department of Commerce, that seeks to overturn a 40-year-old legal doctrine that says courts should generally defer to agencies’ interpretation...
April 12, 2024
Inside BusinessSujeet Indap
Delaware, Inc agonises about Musk backlash as its lawyers seek changes
...Still, Delaware, Inc is going to have to decide whether its brand should be based on being an even-handed, dispassionate system or something more corporate-friendly, designed to keep up in a regulatory race...
April 23, 2024
Energy sector
EQT to create $35bn integrated gas group with deal for pipeline business
...Northern Virginia’s “data centre alley” is home to the world’s largest concentration of internet servers....
March 11, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
Boeing Co
Boeing in talks to acquire fuselage supplier Spirit AeroSystems
...The Virginia-based group confirmed the “preliminary” discussions on Friday afternoon, saying it believed that the “reintegration” of Spirit “would further strengthen aviation safety, improve quality and...
March 1, 2024
ESG investing
US investment funds pull $13.3bn from BlackRock in anti-ESG campaign
...The outflows started in 2022 after West Virginia state treasurer Riley Moore included BlackRock on the nation’s first list of financial firms deemed to boycott fossil fuel companies....
March 24, 2024
US presidential election 2024
Glenn Youngkin is not running for president. Or is he?
...The rest of the candidates trail in the single digits. The most recent Roanoke College poll of Virginia voters paints a similar picture....
September 24, 2023
Climate change
John Kerry blasts US investors for scaling back on climate action
...Republican states reliant on the fossil fuel industry, including West Virginia and Oklahoma, have banned some asset managers from doing business with them, based on accusations of boycotting fossil fuels...
February 28, 2024
Gideon Rachman
The squawkus about Aukus is getting louder
...Then, in the early 2030s, it will take delivery of some second-hand Virginia-class nuclear subs from the US....
February 26, 2024
TikTok Inc
US judge blocks first-ever state ban on TikTok
...Groups including the Reporters Committee for Freedom of the Press and the Chamber of Progress filed briefs in support of TikTok in the case, while a Virginia-led group of 18 states threw its support behind...
December 1, 2023
Boeing Co
Pressure builds on Boeing as customers vent anger over grounding
...Dave Calhoun, chief executive, is due to meet lawmakers on Capitol Hill on Wednesday, including Senator Mark Warner from Virginia, where the company is headquartered....
January 23, 2024
Lex PopuliPersonal Finance
Stock splits: slicing the burrito
...One reason is the dearth of big sticker prices, meaning most PLCs are already comfortably within reach of retail investors....
April 5, 2024
Donald Trump
Trump-backed US Senate candidate clinches Republican nomination in Ohio
...Kyle Kondik, a non-partisan political analyst at the University of Virginia Center for Politics and author of The Bellwether, a book about Ohio’s electoral history, has rated the Senate race a “toss-up.”...
March 20, 2024
FT Live
Future of Asset Management Asia
Optimising fund firm models for Asia’s ascent
Wednesday, 8 MayMarina View, #2 The Westin Singapore, SingaporeSingapore 018961, Singapore
Edward Luce
Abortion could be Trump’s Waterloo
...In Virginia his margin of victory was around half what polls had forecast. The big exception was Iowa, where caucusing is public. That only underlines the point....
April 3, 2024
US politics & policy
Democratic wins in US state votes boost Biden
...In Virginia, voters dealt a blow to Republican governor Glenn Youngkin by allowing Democrats to reclaim control of the state’s legislature....
November 8, 2023
Brexit
UK quietly drops Brexit law to return to imperial measurements
...Sir Winston Churchill was an enthusiast for a pint of champagne, saying it was “enough for two at lunch and one at dinner”....
December 27, 2023
US presidential election 2024
Larry Fink dismisses ‘sad’ criticism of BlackRock in Republican debate
...Eighteen states have passed some form of anti-ESG law, and Texas and West Virginia among others are boycotting BlackRock funds....
December 7, 2023
ReviewVisual Arts
What can the National Gallery offer Britain as it turns 200?
...“We shape our buildings, and thereafter they shape us,” Winston Churchill said of the House of Commons....
January 13, 2024
HTSIHow To Spend It Wisely: the sustainability special 2023
A mother and son keep in step, at Knepp
...In our era of global boiling, Knepp offers a glint of positivity....
October 20, 2023
LexEnbridge Inc
Enbridge/Dominion: shrinking Virginian sells to confident Canadian Premium content
...Virginia’s Dominion has been in steady retreat. It will narrow its focus to delivering electricity. It hopes to take advantage of opportunities in data centres and electric vehicles....
September 6, 2023
Law
Examining the wrinkles of the Russian assets set-off plan
...Deeks, Gulati and Stephan are on the law faculty of the University of Virginia. Their work lies at the intersection of foreign relations, international debt, and international law....
April 12, 2024
LexElon Musk
Elon Musk says Texas forever. Shareholders should not Premium content
...The materials noted that 87 per cent of respondents to Musk’s Twitter plebiscite in January, just after the pay package ruling, were in favour of a move....
April 17, 2024
US presidential election 2024
Trump’s candidate won big in Ohio and Democrats are celebrating
...Still, Moreno’s victory did little to tip the scales for non-partisan analysts such as the Cook Political Report and the University of Virginia Center for Politics, who both rate November’s US Senate election...
March 23, 2024

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