The Securities and Exchange Commission (SEC) has charged a municipality for allegedly making misleading financial statements outside of the usual securities filings. The SEC faulted Harrisburg, Pennsylvania , the state’s capital, for misleading statements in the city’s budget report and the mayor’s state-of-the-city address during the 2009-2011 period. At the time, Harrisburg was teetering on the brink of bankruptcy, and it remains in financial straits today, with a state-appointed receiver overseeing its finances.
Entrepreneurs in London are finding a variety of untraditional workplaces to run their businesses - from battleships to period portakabins. Jonathan Moules, enterprise correspondent, visits some of the city's creative more working quarters. For more video content from the Financial Times, visit http://www.FT.com/video
The FTs Robert Wright reports on the memorial service held on Monday for victims of the Boston Marathon bombing. President Barack Obama delivered a defiant message to the perpetrators of the attack and also paid tribute to the victims and the city of Boston itself. For more video content from the Financial Times, visit http://www.FT.com/video
At least three people were killed and more than 100 injured in Boston by two explosions near the finishing line of the city's marathon.
After 30 years of chasing development before anything else, many Chinese cities are now rediscovering traditional architecture and learning to preserve their old buildings. The FT's Patti Waldmeir visits some of Shanghai's historic neighbourhoods and talks to those living in the shadow of the city's skyscrapers. Related Article: http://www.ft.com/intl/cms/s/0/56a9ebf2-71d0-11e2-89fb-00144feab49a.html For more video content from the Financial Times, visit http://www.FT.com/video
Disruption to the city on the one hand, business and tourism opportunities on the other. While the Singapore Grand Prix is undoubtedly popular, is the huge expense of staging the event really worth it?
With space at such a premium, designing urban environments that encourage healthy living has not always been a priority of city planners. Andrew Jack looks at the shortlist for the healthcare category of the FT/Citi Urban Ingenuity Awards where innovation is promoting fitness and wellbeing among citizens. Related article: http://www.ft.com/reports/ingenuity For more video content from the Financial Times visit: http://www.ft.com/video http://www.FT.com/
India has a reputation as an excellent base for services but a poor centre for manufacturing. But in the city of Pune, about four hours from Mumbai, there is a thriving manufacturing hub thanks to the cluster of car manufacturers that are based there
London mayor Boris Johnson says the city's Olympic traffic lanes, reserved for athletes and officials, are essential for host cities. But the move hasn't gone down well with London's taxi drivers, many of whom think they should have been allowed to drive in the lanes. Daniel Garrahan reports
With cities consuming more than 60 per cent of the world's energy, meeting the ever increasing power demands will require fresh thinking.