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Managers to shut or convert $220bn of US money market funds before rule change
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4 ways to defend your stock portfolio that have helped this fund manager beat the market
If recent stock-market weakness has you on edge, this might be your problem.MarketWatch - Business -
Oregon using Medicaid funds for climate-change-related health challenges
Oregon is helping Medicaid patients cope with soaring heat, smoky skies and other effects of climate change.CBS News - Top stories -
New rule compels US coal-fired power plants to capture emissions – or shut down
New EPA directive will cut pollution equivalent to the emissions of 328m cars, but industry group decries it as a ‘reckless plan’. Coal-fired power plants would be forced to capture smokestack emissions or shut down under a rule issued on Thursday ...The Guardian - World -
Jupiter to retain £500mn of departing star manager’s fund
Merlin ‘fund of funds’ will keep half of money managed by Ben WhitmoreFinancial Times - Business -
Ukraine used longer-range ATACMS missiles secretly provided by the U.S. against Russian forces east of Berdyansk shortly before Biden signed a law that includes money for more of those weapons.
Ukraine used longer-range ATACMS missiles secretly provided by the U.S. against Russian forces east of Berdyansk shortly before Biden signed a law that includes money for more of those weapons.The Wall Street Journal - World - Ukraine -
A Real Market Fix for Climate Change
If advocates actually want to use the economy, leave carbon credits in the bin. There’s a better way.The Wall Street Journal - World - Climate -
House GOP targets nonprofit funding in changes to earmarks process
House Republicans on Thursday announced changes to the annual process in which members apply for funding for community projects back home, after conservatives strongly opposed Democrat-backed earmarks over issues related to abortion and LGBTQ ...The Hill - Politics -
How China’s Nuctech earned EU funds before being hit by EU raids
Also in this newsletter: Waiting for Emmanuel Macron’s words of wisdomFinancial Times - World - European Union -
Strict new EPA rules would force coal-fired power plants to capture emissions or shut down
Environmental Protection Agency Administrator Michael Regan says new rules that would force power plants fueled by coal or natural gas to capture smokestack emissions or shut down are targeting pollution that's “pushing our planet to the brink.”ABC News - Health -
New EPA rules would force coal-fired power plants to capture emissions or shut down
Coal-fired power plants would be forced to capture smokestack emissions or shut down under a rule issued Thursday by the Environmental Protection Agency.NBC News - Top stories
More from Financial Times
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Humza Yousaf quits as Scotland’s first minister
Scottish National party leader’s decision comes less than a week after collapsing his coalition with the Scottish GreensFinancial Times - Business -
Labour scents opportunity in SNP disarray
Yousaf successor is expected to pivot towards a pragmatic, economy-focused agenda after social issues split partyFinancial Times - Business -
The unravelling of the Scottish National party
Downfall of Humza Yousaf further pushes back the prospect of an independent ScotlandFinancial Times - Business -
Who are Anglo American’s possible suitors?
The UK-listed miner has rejected an approach from BHP, but other bidders could emergeFinancial Times - Business -
How long can Japan remain a haven from China?
People, money and trade are turning to Japan but a short-term opportunity may become a long-term problemFinancial Times - Business - Japan