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The Wyoming House of Representatives has become the latest GOP state to introduce a bill banning firms that are deemed to have used environmental, social or governance factors in their investment decisions.State of Wyoming Wyoming has become the latest state to float legislation that restricts state funds from being invested with firms that consider environmental,
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“I do have a very high bar when it comes to revenues, and we are not going to grow an economy on the backs of working Marylanders,” said Democratic Gov. Wes Moore during a press conference on Wednesday. ”I inherited a structural deficit when I became the governor, because the state was both spending at a
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. European democracies are confronting a new online influence and disinformation threat — not from autocracies such as Russia, but emanating from the US. Elon Musk, the X owner and Donald Trump ally, is using his
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Texas Attorney General Ken Paxton addresses the Conservative Political Action Conference in February 2024. On Tuesday, he announced his office will end reviews of Bank of America, Morgan Stanley, and JP Morgan after they withdrew from the Net-Zero Banking Alliance.Bloomberg News Texas Attorney General Ken Paxton lauded recent moves by Bank of America, Morgan Stanley,
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China’s three biggest state-owned airlines are rapidly expanding routes and capacity to Europe as their ability to fly over Russian airspace gives them a cost advantage over regional rivals. Western carriers have slashed direct flights to China, with Scandinavian Airlines, Lufthansa, British Airways and Virgin Atlantic all suspending some routes to the mainland in 2024,
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California Gov. Gavin Newsom previews the next state budget Monday at an appearance in the San Joaquin Valley.California Governor’s Office California Gov. Gavin Newsom previewed a balanced state budget Monday during an appearance ahead of his administration’s formal reveal of the plan later this week. The proposed budget is “fully balanced with no deficit and
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The Oklahoma Turnpike Authority could be selling $1.3 billion of revenue bonds in late January to continue financing for a controversial expansion project and to refund outstanding debt. Oklahoma Turnpike Authority The Oklahoma Turnpike Authority could be back in the municipal bond market late this month with a $1.3 billion deal to continue financing for
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The US has eased some restrictions on humanitarian aid and essential services in Syria while keeping in place other sanctions that block aid to the new government in Damascus. Guidance from the Treasury department on Monday grants blanket authorisation for NGOs and international organisations providing essential services to Syria such as electricity, water and sanitation
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Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world A security crisis is brewing in Europe. Two dangerous elements could combine in 2025. A growing threat from Russia and increasing indifference from Donald Trump’s America. European countries urgently need to respond to
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Investment banks are bracing for a crunch year in which they must deliver a step-change in deal fees to justify record share prices and expensive hires made during a two-year downturn. The six listed independent investment banks — Evercore, Lazard, PJT, Moelis, Perella Weinberg and Houlihan Lokey — reached record highs in recent weeks as
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Stay informed with free updates Simply sign up to the Life & Arts myFT Digest — delivered directly to your inbox. So. A big, round-numbered and menacing birthday coming up in a few weeks. Not to give too much away, but in the month I was born, Momoe Yamaguchi’s Fuyu no Iro was electrifying the
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“The largest share of the higher revenue is from one-time litigation proceeds and year-end accounting adjustments related to prior-year cost recoveries,” said Washington, D.C., CFO Glen Lee.Christopher Mobley The latest revenue estimate from the District of Columbia’s chief financial officer shows a positive $169.7 million bump in actual inflows compared to the estimates that were
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Rob Bonta, California’s attorney general, announced the $10 million settlement in the fraud case on Thursday.Bloomberg News A former Los Angeles County physician, a non-profit medical center he founded, a laboratory he co-owned, and an executive at these entities have agreed to pay $10 million to settle allegations that they submitted false claims to Medicare
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