The schism within the Republican Party deepened on Tuesday after Donald Trump launched a violent attack on Mitch McConnell, calling the senior Senate Republican a “grumpy, grumpy and unsmiling political hack”.
Trump added if Republican senators “stick with it [McConnell]they won’t win again ”.
The former president’s attack on McConnell is the clearest signal yet that he wants to stay ahead and focus on it Republican Party Politics.
However, the legal challenges for Trump rose Tuesday after the NAACP, the leading civil rights organization, filed a federal lawsuit against him, his lawyer Rudy Giuliani, and two white supremacist groups for their role in the deadly siege of the US Capitol on January 6th.
Meanwhile, House spokeswoman Nancy Pelosi said Congress would become an independent, 9/11 commission investigate the uprising. (FT, AP)
Joe Biden said that US economy would come “Roar back” when Congress approved its $ 1.9 billion fiscal stimulus plan and that Covid-19 Vaccines would be available to all Americans who wanted one in Milwaukee, Wisconsin by the end of July.
Andrew CuomoThe governor of New York faces the greatest threat of his political career because he is accused of having his government tried to cover up the number of Covid-19 deaths among nursing home residents.
The EU is set to almost triple Moderna’s coronavirus vaccine orders as part of an EU initiative to respond to the emergence of new variants and the possible need for booster shots.
Japan Has delivered his first dose of Covid-19 vaccine more than two months after vaccinations started in the US and UK. Kazuhiro Araki, director of Tokyo Medical Center, received the sting from BioNTech and Pfizer on television.
British Companies ranging from UK nursing home operators to large multinational corporations are looking for a solution “No push, no job” Employee contracts.
Taiwan has accused China hinder his efforts Buy coronavirus vaccines from BioNTech. North Korea tried to hack into Pfizer’s server Steal vaccine information, South Korean intelligence officials alleged. (FT, WaPo)
FT photographer Charlie Bibby succeeded Dr. Charlotte Summers, an intensive counselor at the Addenbrooke’s Hospital, Cambridgeto Record scenes on the front lines of Covid-19 Treatment and research. Follow ours Live blog for the latest updates.
In the news
Citigroup loses its bid to get back $ 500 million mistakenly transferred to funds A U.S. judge ruled that asset managers who received an overpayment from Citi mistakenly remitted $ 500 million to one of their clients’ creditors instead of the intended $ 8 million, may keep payments. Judge Jesse Furman called it “one of the biggest mistakes in banking history”. Our corporate finance newsletter due diligence has more. (FT)
Berkshire reveals bets on Verizon and Chevron Warren Buffett’s conglomerate revealed Billions in stakes on Tuesday in telecommunications company Verizon and oil and gas major Chevron – investments it had previously kept confidential. (FT)
Ford is said to only sell electric cars in the UK and Europe by 2030 Ford became the largest automaker to date on Wednesday All-electric sales by 2030 in the European region. Every car model will have an electric or plug-in hybrid option by 2026, the U.S. automaker said, adding that it would be 100 percent electric by the end of the decade. (FT)
New York State is suing Amazon for alleged Covid security breaches The New York attorney general has sued Amazon over claims it couldn’t protect its employees Appropriate during the coronavirus pandemic, days after e-commerce giant Letitia accused James of exceeding her authority. (FT)
Google and Facebook hurry to arrange business with Australian publishers to persuade Canberra not to impose a world first rule that would force tech groups to pay news providers for content.
Epic Games submitted a formal antitrust complaint against Apple to the European Commission, the latest shot in an escalating feud between the Fourteen days Developer and the Silicon Valley giant.
The trading volume of HK shares increases to four times the trading volume of the LSE Have stock trading volume in Hong Kong rose to four times Those on London’s main stock exchange as investors, mostly from China, have invested roughly $ 50 billion in stocks listed on the Asia Finance Hub this year, fueling the appetite for technology and healthcare stocks. (FT)
The Moscow Stock Exchange will open trading in currencies and derivatives three hours earlier from Marchin recent efforts to increase investor demand in China.
Texas is struggling to restore power to millions during the Arctic explosion Have power outages in Texas and the central United States stretched into a second day, Millions of people were left exposed to freezing temperatures with no heat or electricity as an Arctic explosion disrupted electricity and drove demand to record levels. How Our energy team reportsThe state’s energy infrastructure was unable to cope with the cold explosion that led south from the Arctic Circle. (FT)
Second City’s comedy group is set to be bought by private equity Strauss Zelnick’s private equity firm is in advanced talks to buy Second City, the famous comedy group that created stars like Tina Fey and the late John Belushi. Zelnick is best known as the CEO of Take-Two, the video game group behind it Grand Theft Auto. (FT)
Marriott boss Arne Sorenson dies The manager of the hotel chain died at the age of 62 at his Washington home on Monday after an extended battle with cancer. (FT)
The day ahead
NATO meeting The Defense Ministers of the North Atlantic Military Alliance begin their first meeting since Joe Biden’s inauguration. Missions in Afghanistan and Iraq will be on the agenda. (NATO)
EU virus strain strategy Ursula von der Leyen, President of the European Commission, is due Reveal plans Prepare for the threat of new coronavirus variants. (FT)
Myanmar protests The deposed civil leader Aung San Suu Kyi was in custody put to the end on Wednesday when Demonstrations against the military coup is expected the day after she was handed one second charge. Protesters have accused Beijing to support the coup. (CNA, Reuters, BBC, FT)
Mario Draghi’s political agenda Italy becomes the new Prime Minister address Legislature for the first time and put forward its economic plans. The Senate will hold a vote of confidence later in the day. Draghi is expected to win. (FT)
The two-day FT Business of Football Summit begins on Wednesday, examining how the business of sports adapts in challenging times. Login here.
What else are we reading?
Inoculating the world is a test of our ability to work together What we have learned so far from Covid-19 is that the world has shown more collaboration than many would have expected. Still, it wasn’t enough since we are all together. writes Martin Wolf. (FT)
Hedge funds are benefiting from the Reddit rally Retail investors who had coordinated on Reddit to black eye hedge fund bets against stock price including GameStop last month also delivered years of profits to a handful of other fund managers. For one, Union Square Park Capital Management gained 12.9 percent last month. (FT)
China’s new digital currency Chinese authorities in several cities have marked the Lunar New Year with “digital renminbi“Red Packets” in a test for an important new technology that could lead the global adoption of digital currencies and set global technical standards. (FT)
Ransomware negotiator Ransomware attacks, in which hackers lock data or computer systems down until paid, have been one of the biggest cybersecurity problems over the past year. An industry emerged in response to that to deal with the aftermath of a crippling attack. Get to know the people working to haggle over hackers’ claims. (FT)
Tom Peters: McKinsey’s work on opioid sales is a new low “My previous advice shows what is wrong with business school graduates.” writes the author Tom Peters. That McKinsey is one of the biggest employers of MBA graduates has nothing to do with the OxyContin affair, he argues. This has led to a consistent change in the “moral responsibility of the company”. (FT)
Podcast of the day
Start your debt-free journey This week Claer Barrett hears about a couple in their thirties who have one each run large credit card debt. Chris Browning, host of the US podcast Popcorn Finance, has practical tips, and debt counseling specialist Alan McIntosh is exploring different solutions. (FT)