FT News Briefing Thursday, March 14
Mar 14, 2019
British MPs are grappling with Brexit's future, with votes to avoid a no-deal scenario. Meanwhile, the U.S. has grounded the Boeing 737 MAX due to safety concerns amid international pressure. Legal woes are mounting for Paul Manafort, impacting his chances of a presidential pardon. In the tech world, Spotify has launched an antitrust complaint against Apple, accusing it of unfair practices in the App Store that stifle competition. The battle for streaming supremacy intensifies as Spotify challenges Apple's dominance.
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Brexit Votes
- UK Members of Parliament voted to remove a no-deal Brexit.
- They will vote on extending Article 50, potentially leading to a softer Brexit.
Boeing 737 MAX Grounding
- The US and Canada grounded Boeing 737 MAX aircraft after two crashes.
- Boeing claims confidence in the aircraft's safety but recommended the grounding.
Manafort Sentencing
- Paul Manafort received additional prison time, totaling about seven and a half years.
- New York state charges may prevent a presidential pardon.