The Illinois Supreme Court Friday upheld pension consolidation legislation championed by Gov. JB Pritzker that was challenged in court by more than a dozen suburban and downstate police and firefighter pension funds. The case, Arlington Heights Police Pension Fund et al. v. JB Pritzker et al., had pitted the governor and General Assembly against a
Santa Clara Valley Transportation Authority staff came under fire from their own auditor general for misleading communications and a “breach of transparency” regarding cost overruns and delays on the $12.2 billion San Jose extension of the Bay Area Rapid Transit District. The project would extend BART, a commuter railway, through downtown San Jose into Santa
A trial over Missouri’s first-of-their-kind ESG investment rules will go ahead after a federal judge this month rejected the state’s motion to dismiss. The Securities Industry and Financial Markets Association sued the Show Me State last August over a pair of four-month-old anti-environmental, social and governance securities rules. The measures require advisors and broker-dealers to
A Congress that just narrowly avoided a government shutdown is getting a fresh wish list from a wide cross section of organizations of issuers, including calls for preserving the tax exemption on municipal bonds. The letter originates from the Public Finance Network, which encompasses twenty-four issuer organizations including the Government Finance Officers Association, the National
Federal transportation and housing funding will continue to flow until early March after Congress late Thursday passed a short-term appropriations bill a day ahead of a partial government shutdown. “There will not be a shutdown on Friday,” said Senate Majority Leader Chuck Schumer, D-N.Y. “Because both sides have worked together, the government will stay open.
A delivery man delivers packages in a Los Angeles neighborhood on January 17, 2024. Frederic J. Brown | AFP | Getty Images Sales of previously owned homes fell 1% in December compared with November to a seasonally adjusted annualized rate of 3.78 million units, according to the National Association of Realtors. Sales were 6.2% lower
The world could soon have its first trillionaire, according to a prominent anti-poverty organization. That’s pretty cool. But Oxfamwhich started as a famine relief group before mission creep set inportrays the achievement of a new nominal benchmark in wealth as a bad thing that contributes to the misery of the masses. Through impressive economic illiteracy,
37.4K Will 2024 be a dumpster fire? Every new year comes with a set of new predictions. Times are always changing, and each year I like to come up with my own set of possible SHTF situations. This year’s list is an adaptation of what I predicted in 2024. Fortunately, they didn’t come to fruition,
A bigger tug — Rocket Report: A new estimate of Starship costs; Japan launches spy satellite One space tug company runs into financial problems; another says go big or go home. Stephen Clark – Jan 19, 2024 12:00 pm UTC Enlarge / An H-IIA rocket lifts off with the IGS Optical-8 spy satellite.Mitsubishi Heavy Industries
Loading… Loading… Semiconductor stocks have fallen in the first two trading sessions of 2024. Is this a sign of a strained market with valuations running too hot and prompting investors to take profits? Bank of America said it remained bullish on the Philadelphia Semiconductor Index (SOX) for 2024, despite its 65% gain in 2023. The
SLIM down — Japans Moon sniper mission aims for precise lunar landing SLIM will attempt to land on the Moon with a precision of less than 100 meters. Stephen Clark – Jan 19, 2024 1:42 pm UTC Enlarge / This artist’s illustration shows the SLIM spacecraft descending toward the Moon and ejecting two deployable robots
Loading… Loading… Semiconductor stocks have fallen in the first two trading sessions of 2024. Is this a sign of a strained market with valuations running too hot and prompting investors to take profits? Bank of America said it remained bullish on the Philadelphia Semiconductor Index (SOX) for 2024, despite its 65% gain in 2023. The
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Until this week, the UK economy looked increasingly set for a smooth “soft landing”, with inflation dropping sharply and early signs of growth picking up. But data releases in the past few days have added
By Pooja Toshniwal Paharia Jan 19 2024 Reviewed by Danielle Ellis, B.Sc. In a recent study in Nature Microbiology, researchers compared severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) Omicron variant of concern (VOC) replication in human cell lines and primary airway cultures and measured host responses to infection. Study: Evolution of enhanced innate immune suppression
Loading… Loading… Altcoins and meme coins are currently navigating choppy waters in the cryptocurrency market. This follows Bitcoins BTC/USD price roller coaster, where the apex cryptocurrency spiked to $49,000 last week after the launch of BTC exchange-traded funds (ETFs) in the U.S., only to experience a swift downturn to $41,000, as a sell the news
AlphaGeometry — DeepMind AI rivals the worlds smartest high schoolers at geometry DeepMind solved 25 out of 30 questionscompared to 26 for a human gold medalist. Timothy B. Lee – Jan 18, 2024 11:55 pm UTC Enlarge / Demis Hassabis, CEO of DeepMind Technologies and developer of AlphaGO, attends the AI Safety Summit at Bletchley
Kinda maybe coming soon-ish — Zuckerbergs AGI remarks follow trend of downplaying AI dangers Zuckeberg and Altman both tamp down fear and hype with casual statements about AGI. Benj Edwards – Jan 18, 2024 11:19 pm UTC Enlarge / Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event in Menlo
Flying private — Axiom, SpaceX launch third all-private crew mission to space station A US-Spanish dual citizen commands a crew of Italian, Swedish, and Turkish astronauts. Stephen Clark – Jan 19, 2024 4:08 am UTC Enlarge / A Falcon 9 rocket lifts off from NASA’s Kennedy Space Center to begin the Ax-3 commercial crew mission.Stephen
Loading… Loading… TradesViz, which started as a project by Pavitra Kumar (aka PK) during his time at Georgia Tech, recently earned a spot as a finalist in the Best Portfolio Tracker and Best Data Analysis Tool categories at the Benzinga FinTech Awards 2023. The startup has quickly become a standout in trading analytics and portfolio
Stay informed with free updates Simply sign up to the Private equity myFT Digest — delivered directly to your inbox. Private equity executives are predicting a sharp increase in takeover activity as buyout firms that have held on to investments in the hope of higher prices finally begin to capitulate. There has been a marked