Here's how legal departments at two hospitals, lawmakers in two states, and even the Supreme Court turned Melissa Farmer's emergency pregnancy into a life-threatening nightmare.Farmer, 41, was 18 weeks pregnant when her water broke prematurely. Her doctor ordered her to go to a local hospital in Joplin, Missouri. There, labor and delivery doctors at the hospital determined that she had no amniotic fluid left. Her baby's chance of survival was “zero” and she was at risk of infection, blood loss and even death. Doctors advised her that they could help her undergo an “inevitable abortion,” or she could wait, risking…
Author: ricardofrancois
New York – When Hyundai Motor When Genesis launched its luxury brand locally in 2016, many were skeptical that the South Korean automaker — mainly known for budget cars at the time — knew what it was doing.Among the skeptics were auto industry veterans Randy Parker and Claudia Marquez. They were both working for Nissan's luxury brand Infiniti at the time, and have since moved to the Hyundai group, with Parker leading the Hyundai brand in the US.”We were both looking at it like, 'Oh my God, how are these people going to pull this off?' “I mean, nothing against.…
Former US President Donald Trump speaks after attending the funeral of New York City Police Officer Jonathan Diller, who was shot and killed while conducting a routine traffic stop on March 25 in the Far Rockaway section of Queens, in Massapequa Park, New York, US, March 28, 2024 Shannon Stapleton | ReutersDecades of trade deficits and a strong dollar have created too many “losers” in the US economy who have turned to Donald Trump’s protectionist policies, according to Richard Kuo, chief economist at Nomura Research Institute – and those conditions persist.Trump's “America First” economic policies prompted his administration to impose…
Muhammad Ali Al-Erian, economic advisor to Allianz SE Bloomberg | Getty ImagesThe US Federal Reserve has become too dependent on data and has lost its overall strategy, Mohamed El-Erian, chief economic advisor at Allianz, said on Friday.The economist told CNBC that a longer-term, more strategic outlook could see policymakers settle on a new inflation target closer to 3%.“Instead of being strategic, the Fed has become overly data-driven and has turned into a theatrical commentator,” El-Erian told CNBC's Steve Sedgwick at the Ambrosetti Spring Forum in Italy.He continued: “This is not the role of the Fed.” “The Fed should be strategic,…
Stay informed with free updatesSimply sign up for the World myFT Digest – delivered straight to your inbox.Good morning. The global supply of common stocks is shrinking at its fastest pace in at least 25 years, as economic and geopolitical uncertainty weighs on sales of new shares while companies continue to buy back large amounts of their shares.These numbers issued by JP Morgan analysts confounded the bank's expectations and indicate a continuing lack of confidence among executives. In theory, rising stock markets and relatively strong economies should encourage companies to raise money by selling new shares at high prices rather…
Pictured here is a Nio battery swap station in Haikou, Hainan Province, China, on May 9, 2023.Bloomberg | Bloomberg | Getty ImagesBeijing – Chinese electric car company New It has expanded its battery swap partnerships in an effort to gain an advantage on the infrastructure side of the EV ecosystem.Since November, Nio has partnered with at least four Chinese automakers — Changan, Geely, Chery and JAC — to develop battery exchange standards and network expansion in China. Nio also announced agreements earlier this year to work with two local battery companies on battery swap services.All of these efforts are aimed…
Stay informed with free updatesSimply sign up for the Gig Economy myFT Digest – delivered straight to your inbox.Controversial reforms to tax rules affecting freelance employment are leading to an increase in the number of individuals choosing to leave work, data has revealed, sparking calls for a review of the policy.A survey of more than 1,300 contractors, published on Friday, found that one in 10 contractors gave recent changes to off-payroll working rules, known as IR35, as the reason they are not currently working.Since April 2021, the decision as to whether self-employed people in the private sector should be considered…
Chinese Vice Finance Minister Liao Min (second right) and US Ambassador to China Nicholas Burns (right) greet US Treasury Secretary Janet Yellen (right) upon her arrival in Guangzhou on April 4, 2024.Pedro Pardo | AFP | Getty ImagesBEIJING – US Treasury Secretary Janet Yellen began her first full day of official meetings in China by discussing concerns about excess capacity and encouraging the pursuit of pro-market reforms.Yellen arrived in the southern Chinese city of Guangzhou late Thursday and is scheduled to fly to Beijing on Saturday, where she will remain until Tuesday. This is her second trip to China as…
As the car sped past him in a Long Beach parking lot, former school safety officer Eddie Gonzalez was either a dedicated public servant fearful of being run over by a fleeing suspect — or an assassin who made the wild, reckless decision to shoot into the back of a car full of young men who disobeyed him.Those were the lines drawn by prosecutors and defense attorneys Thursday afternoon as opening arguments began in the guard's murder trial in the September 2021 killing of 18-year-old Manuela “Mona” Rodriguez, who was gunned down near Millikan High School when Gonzalez shot… Two…
99 Cents Only Stores will close all 371 stores and end its business operations after more than four decades, the Commerce City discount chain announced Thursday.“This was an extremely difficult decision and was not the outcome we expected or hoped to achieve,” interim CEO Mike Simoncic said in a statement. “Unfortunately, the past few years have presented significant and lasting challenges in the retail environment.”He cited multiple factors, including the “unprecedented impact” of the COVID-19 pandemic, shifting consumer demand, persistent inflationary pressures and rising levels of deflation — an industry term for inventory loss attributed to causes such as shoplifting,…