Another bankruptcy involving bonds issued through the Arizona Industrial Development Authority was filed Tuesday along with a pre-packaged exit plan that would result in bondholder ownership of a reorganized company. Restoration Forest Products Group, which brought the Chapter 11 case in U.S. Bankruptcy Court in Delaware, sold $112.8 million of taxable Series A senior and
The Federal Reserve announced it will leave interest rates unchanged Wednesday, setting the stage for rate cuts to come — and paving the way for relief from the combination of higher rates and inflation that have hit consumers particularly hard. Although Fed officials indicated as many as three cuts coming this year, the pace that they trim interest
Online banking fraud — Lawsuit: Citibank refused to reimburse scam victims who lost life savings Citibank’s poor security helped scammers steal millions, NY AG’s lawsuit says. Jon Brodkin – Jan 30, 2024 9:12 pm UTC Enlarge / The Citibank logo on a bank in New York City in January 2024. reader comments 102 Citibank has
The Federal Trade Commission has challenged the validity of over 100 drug product patents, focusing on devices used to deliver medicines, like inhalers and autoinjectors, in an effort to increase competition and potentially lower some prices. Use Our Content It can be republished for free. The FTC says drugmakers illegitimately use the patents to prevent
The gig economy seems to be here to stay. In the U.S. alone, there are more than 70.4 million freelancers, and that number has been growing for the past few years. By 2028, it is projected that there will be upwards of 90 million gig workers who will constitute close to 50% of the domestic
Loading… Loading… MX Technologies, the fintech known for automating money experiences,announced the launch of Customer Analytics, which can help financial services providers with enhanced transaction data and insights to reduce costs and boost engagement. MX describedthe launch as a game changer, leveraging artificial intelligence and machine learning, enabling organizations to harness the power of data
What are the odds? — Could our Universe be a simulation? How would we even tell? Simulations all the way downthe philosophical debate on the nature of our Universe. Paul Sutter – Jan 31, 2024 11:30 am UTC Enlarge / Is this a simulation?Aurich Lawson | Getty Images reader comments 11 Ever since Oxford philosopher
WHEN USERS ATTACK — Ars Technica used in malware campaign with never-before-seen obfuscation Vimeo also used by legitimate user who posted booby-trapped content. Dan Goodin – Jan 30, 2024 9:24 pm UTC EnlargeGetty Images reader comments 171 Ars Technica was recently used to serve second-stage malware in a campaign that used a never-before-seen attack chain
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Brussels has made a last-minute offer to Hungary’s prime minister in a bid to secure his support for the bloc’s €50bn financial aid to Ukraine, amid frenzied diplomatic efforts to reach a deal at
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Elon Musk’s $55bn pay package from Tesla has been voided by a Delaware judge, who ruled that the unprecedented remuneration was improperly approved by the electric-car maker’s board of directors and had short-changed the company’s
The University of Washington’s outlook was revised to negative from stable by Moody’s Investors Service and its Aaa issuer rating affirmed ahead of its plans to issue tax-exempt revenue bonds next week. The negative outlook “was driven by the university’s thinning operating performance that reflects both expense pressures in the university’s own operations as well
Municipals were slightly firmer Tuesday as new-issues from the New York Thruway Authority and the Massachusetts Development Finance Agency’s Children’s Hospital were well-received. U.S. Treasuries were mixed as were equities ahead of the Fed rates decision Wednesday. Triple-A yields were bumped one to four basis points, depending on the curve, while UST saw yields fall
In this article MA WFC Follow your favorite stocksCREATE FREE ACCOUNT Svetikd | E+ | Getty Images Housing is typically one of the biggest expenses in someone’s budget, and it’s natural to wonder about the best way to pay that bill. For renters, sometimes it’s possible to pay with a credit card. While you could
Share Tweet By Billy Hallowell Editor January 29, 2024 A pastor in Nepal will potentially face jail time for praying after his country’s Supreme Court rejected his appeal. Pastor Keshab Raj Acharya was sentenced to one year in prison over his religious activity and must now face that sentence unless the high court accepts his
By Vijay Kumar Malesu Jan 30 2024 Reviewed by Lily Ramsey, LLM In a recent study published in BMC Public Health, a group of researchers estimated the global and regional prevalence of Chronic Obstructive Pulmonary Disease (COPD) in individuals aged 40 and above, using spirometry and comparing two diagnostic criteria: fixed ratio (FR) and lower
thinking big — Review: Frameworks Laptop 16 is unique, laudable, fascinating, and flawed Great ideas go up against awkward limitations in Framework’s 16-inch sequel. Andrew Cunningham – Jan 29, 2024 11:35 am UTC Enlarge / The Framework Laptop 16.Andrew Cunningham reader comments 139 Specs at a glance: Framework Laptop 16 OS Windows 11 23H2 CPU
By Dr. Sushama R. Chaphalkar, PhD. Jan 30 2024 Reviewed by Lily Ramsey, LLM In a recent retrospective study published in Scientific Reports, researchers from China investigated the effectiveness of low-dose aspirin (LDA) in reducing adverse pregnancy outcomes in the special case of twins conceived via assisted reproductive technology (ART). They found that while LDA
Changing history — It turns out NASAs Mars helicopter was much more revolutionary than we knew Ingenuity packed more computing power than all other NASA deep space missions combined. Eric Berger – Jan 29, 2024 11:45 am UTC Enlarge / An image from Ingenuity, looking down at the surface of Mars. That’s its shadow.NASA/JPL reader
By Vijay Kumar Malesu Jan 30 2024 Reviewed by Lily Ramsey, LLM In a recent study published in Nutrients, a group of researchers assessed the effects of a Golden Berry (Physalis peruviana)-enriched diet on insulin resistance and obesity in diabetic, obese rats with metabolic syndrome. Study: Daily Consumption of Golden Berry (Physalis peruviana) Has Been
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The IMF has warned UK chancellor Jeremy Hunt against cutting taxes, arguing the country needs to curb public borrowing and prioritise spending in areas such as health, education and tackling climate change. Pierre-Olivier Gourinchas, IMF