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Hochul Seeks to Limit Private-Equity Ownership of Homes in New York
Widespread purchases of single-family homes by institutional investors may be contributing to soaring housing prices and low vacancy rates across the country.The New York Times - 6d -
Watch: The scene across LA as firefighters attempt to contain blazes
The latest blaze, Sunset Fire, is threatening homes and landmarks as Hollywood is evacuated.BBC News - 6d -
‘Essential’: nearly 800 incarcerated firefighters deployed as LA battles wildfires
The firefighters earn $5.80-$10.24 per day plus $1 an hour when responding to active emergencies, according to CDCR. LA fires live updates: California wildfires latest news Californians: have ...The Guardian - 6d -
Listed UK water utility dividends exceed private peers’ payouts for first time since Thatcher
First-time publicly traded companies pay out more than privately held rivals since privatisationFinancial Times - 6d -
Group of Los Angeles firefighters briefly run out of water while putting out flames
A state of emergency was declared in California as multiple wildfires destroyed homes near L.A. and killed at least 5 people. CBS News Los Angeles' Joy Benedict reports that some firefighters ran ...CBS News - 6d -
Los Angeles wildfires kill five and trigger exodus as firefighters battle blazes
Los Angeles was in the midst of real-life Hollywood disaster Wednesday as out-of-control wildfires forced thousands of people to flee their homes and businesses.NBC News - 6d -
California wildfires: deadly blazes continue to grow as officials warn of shortage of firefighters – latest updates
Tens of thousands of homes affected by ‘unprecedented’ fires in Los Angeles area; aircraft return to dropping water after winds grounded them. Visual explainer: why are the LA wildfires so ...The Guardian - 6d -
Can Americans end our abusive relationship with private health insurance?
What we mainly fear is that “breaking up” with the current private insurance model would be even worseThe Hill - 6d -
Private sector companies added 122,000 jobs in December, less than expected, ADP says
Job creation eased more than expected in December while wages grew at the slowest pace in nearly 3½ years.CNBC - Jan. 8 -
Private equity reduces patient care while enriching investors, Senate report finds
The Senate investigation of Apollo Global Management's purchase of Lifepoint Healthcare and Leonard Green & Partners' purchase of Prospect Medical Holdings reinforced the findings of past research.NBC News - Jan. 8 -
LAFD firefighter and multiple civilians injured, official says
A Los Angeles Fire Department firefighter was injured and taken to the hospital for a serious head injury, according to LAFD official Margaret Stewart. There have also been multiple civilian burn ...NBC News - Jan. 8 -
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Firefighters battle 770-acre Pacific Palisades blaze as high winds slam SoCal
Firefighters are battling a brush fire in the Pacific Palisades that quickly spread to 770 acres Tuesday and triggered mandatory evacuations amid warnings from weather forecasters of "extreme" ...CBS News - Jan. 7 -
Senate report slams private equity's "detrimental effects" on hospitals
Two private equity firms' efforts to wring profits out of hospitals in underserved communities put patients in danger, according to a new report by a powerful Senate committee.CBS News - Jan. 7 -
Don’t Call It a Gym. It’s a Sporting Club.
Some fitness centers are trading in the minimalist industrial aesthetic for midcentury nostalgia and country-club preppiness.The New York Times - Jan. 7 -
Donald Trump Jr. arrives in Greenland for a brief "private visit"
Greenland's government says Donald Trump Jr. is visiting in a private capacity, so it won't discuss his presence as his father vows to make it part of the U.S.CBS News - Jan. 7 -
Blackstone joins private equity deal wave in US accounting sector
Acquisition of Citrin Cooperman from New Mountain Capital for $2bn marks a step up in valuationsFinancial Times - Jan. 7 -
‘Evolution not revolution’: Can the private sector help cut NHS waiting lists?
Keir Starmer has vowed to make better use of existing capacity to reduce massive backlogFinancial Times - Jan. 6 -
A rallying call for democracy in South Korea
South Korean President Yoon Suk Yeol's attempted martial law declaration sparked a wave of collective resistance from citizens, who used protests, social media, and cultural works to express their ...The Hill - Jan. 6 -
More NHS patients in England to be treated in private clinics as PM seeks to reduce backlog
The government promises to cut the list of patients waiting more than 18 weeks for treatment in England by nearly half a million over the next year.BBC News - Jan. 6 -
FirstFT: Private equity to lobby Trump as industry seeks to tap retirement funds
Also in today’s newsletter, China’s equity markets extend poor start to the year and accountancy’s Gen Z problemFinancial Times - Jan. 6 -
Private equity to lobby Trump for access to savers’ retirement funds
Industry hopes incoming administration will open long-restricted private investments to individual investorsFinancial Times - Jan. 6 -
Thune has privately told Trump that Hegseth has the votes to be confirmed, sources say
When asked for comment, a spokesman for Senate Majority Leader John Thune said "two things we don't discuss publicly: Whip counts and private conversations with the president."CBS News - Jan. 5 -
Musk calls for Farage to be replaced as Reform party leader
Surprise split comes after two men disagreed over jailed rightwing activist Tommy RobinsonFinancial Times - Jan. 5 -
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US set for IPO comeback as private equity firms seek to offload holdings
Bankers hope strong 2024 gains for Wall Street equities and pro-business policies will drive listings reboundFinancial Times - Jan. 5 -
Surgeon general calls for cancer warning on alcohol
The U.S. surgeon general is now recommending a new label on alcohol products that warns of the risks of cancer, similar to the warning labels on cigarettes. A new advisory says alcohol consumption ...CBS News - Jan. 3 -
U.S. Surgeon General Calls for Cancer Warnings on Alcohol
Dr. Vivek Murthy’s report cites studies linking alcoholic beverages to at least seven malignancies, including breast cancer. But to add warning labels, Congress would have to act.The New York Times - Jan. 3 -
Surgeon General Calls for Cancer Warning on Alcoholic Drinks
Links between drinking and seven types of cancer prompted Vivek Murthy’s recommendation, which sent shares of beer, wine, and spirits prodcucers down worldwide.Inc. - Jan. 3 -
U.S. Private Equity Shot Up in 2024, Signaling a Potential ‘Golden Age’ Ahead
New data from PitchBook paints a positive picture of the U.S. PE landscape.Inc. - Jan. 3 -
Apple to pay $95m to settle claims Siri listened to users’ private conversations
Settlement of proposed class-action lawsuit represent nine hours of profit for Apple, which has denied wrongdoing. Apple has agreed to pay $95m in cash to settle a proposed class-action lawsuit ...The Guardian - Jan. 3 -
Surgeon general calls for cancer warnings on alcohol
Alcoholic beverages should carry a prominent warning label about the link between alcohol and cancer, according to the U.S. surgeon general. Alcohol consumption is the third leading preventable ...The Hill - Jan. 3 -
Badenoch calls for national inquiry into 'rape gangs'
Alexis Jay, who led a major inquiry into historical child sex abuse, says changes are needed, not more research.BBC News - Jan. 2 -
Will 2025 be the year for plain vanilla ETFs or private assets?
After healthy returns from US equities, investors are being warned the era could end, and unlisted securities could be the answerFinancial Times - Jan. 2 -
Activist investors give Japan a wake-up call
A critical mass of shareholder activists are forcing companies to adjustFinancial Times - Jan. 2 -
Pope calls for protection of life in New Year's message
Pope Francis called for the protection of life at New Year’s Day Mass on Wednesday, offering a seemingly anti-abortion message. “Let us entrust this new year to Mary, Mother of God,” Francis said ...The Hill - Jan. 1 -
Why is VAT being added to private school fees?
The government says the rule change will raise £460m extra to spend in state schools in 2024/25.BBC News - Jan. 1 -
How to Watch "They Call It Late Night With Jason Kelce"
A new one-hour program that will run in conjunction with the finale of the NFL regular season and playoffs.ESPN - Dec. 30