Latest in Private Sector Employment
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UK private sector employment shrinks at fastest pace since 2021
S&P data for December follows tax rises on business in autumn BudgetFinancial Times - 5h -
Trump Interested in Privatizing U.S. Postal Service
As the U.S. Postal Service continues to lose revenue annually, Trump considers privatizing.Inc. - 1d -
Trump eyes privatizing United States Postal Service during second term
The USPS was a target during his first administration, and it might now be on the chopping block due to financial losses. Donald Trump in recent weeks has expressed a keen interest in privatizing ...The Guardian - 2d -
Oscar Health CEO says employer health care should be abolished
The killing of United HealthCare CEO Brian Thompson on Dec. 4 has led to an outpouring of backlash against the healthcare industry.The Hill - 2d -
Migrants ‘drugged and beaten’ at privately run Italian detention centres
Council of Europe urges action on ‘disturbing’ conditions including broad distribution of unprescribed tranquilisers at one siteFinancial Times - 2d -
How can we balance the public good of healthcare with our privatized system?
As a wealthy country, we can do better. Let’s hope the next Congress acts to make things better for all.The Hill - 2d -
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Why UK private sector train operators are in no hurry to step down from driver’s cab
Flurry of recent open access applications could be a sign companies think the rules could become less favourableFinancial Times - 3d -
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Remembering David Bonderman, a Private Equity Pioneer
A former lawyer, he cofounded the giant investment firm TPG and became known for complex deals that remade corporate America. He died on Wednesday at 82.The New York Times - 4d -
City should be more supportive of UK defence sector, says minister
Business secretary Jonathan Reynolds says banks and investors should shrug off ethical concerns about industryFinancial Times - 4d -
Judge enters default judgment in suit against Kanye West's private school
A judge entered a default judgment against Kanye West's Christian private school in Los Angeles Superior Court on Wednesday in connection with a lawsuit filed by a former employee.Los Angeles Times - 4d -
Improve productivity for more pay, public sector told
Downing Street tells unions angry at 2.8% pay proposals that workers must become more productive.BBC News - 5d -
Government recommends 2.8% pay rise for public sector
Teachers, NHS staff and senior civil servants are among those covered by the proposals.BBC News - 5d -
Struck-off sex GP is still advising private patients
Thomas Plimmer was struck off the medical register after having sex with women at his GP surgery.BBC News - 5d -
UnitedHealthcare CEO Brian Thompson’s Funeral Held Privately in Minnesota
Brian Thompson was remembered in his Minnesota hometown as a devoted father to his two sons.The New York Times - 5d -
Walgreens in talks over sale to private equity group Sycamore
Potential deal highlights mounting distress facing the retail pharmacy industryFinancial Times - 5d -
Warren, Democrats demand answers from Dr. Oz about Medicare privatization
Leading Democratic lawmakers are demanding answers from Dr. Mehmet Oz on his previous support for eliminating traditional Medicare in favor of private Medicare Advantage plans. Led by Sen. ...The Hill - 5d -
How Utah's 'Silicon Slopes' tech sector is making a run at Silicon Valley
Technology companies, from giants like Microsoft, Adobe and Oracle to startups are transforming Utah into an economic and jobs rival to Silicon Valley.CNBC - 6d -
Democrats demand answers from Trump pick Mehmet Oz on 'Medicare privatization'
Democratic senators pressed Dr. Mehmet Oz on his past "advocacy for Medicare privatization" after Donald Trump picked him to run the Centers for Medicare and Medicaid Services.NBC News - 6d -
Trump’s return casts a shadow over China’s success in US solar sector
Chinese manufacturers have benefited from Biden-era subsidies — but that may be about to changeFinancial Times - 6d -
China Evergrande liquidators put founder’s private jet up for sale
Airbus plane was one of several markers of wealth amassed by Hui Ka Yan during now-collapsed developer’s boom yearsFinancial Times - 6d -
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Employers added 227,000 in November as job market rebounded
The labor market rebounded last month after taking a hit in October from hurricanes and labor disputes.CBS News - Dec. 6 -
Safran warns of Trump tariff hit to aerospace sector
French jet-engine maker sets ‘exceptionally conservative’ forecastsFinancial Times - Dec. 5 -
Trump taps billionaire private astronaut Jared Isaacman as next NASA chief
Jared Isaacman is an entrepreneur and veteran private astronaut with strong ties to Elon Musk and his rocket company SpaceX.CBS News - Dec. 4 -
More employers add 401(k) plan match for workers paying student loans
The share of businesses choosing to offer a 401(k) plan match based on student loan payments is slowly increasing due to a law known as Secure 2.0.CNBC - Dec. 4 -
Billionaire who performed the first private spacewalk is Trump's pick to lead NASA
President-elect Donald Trump has tapped a tech billionaire who performed the first private spacewalk to lead NASAABC News - Dec. 4 -
Trump taps billionaire and private astronaut Jared Isaacman to lead Nasa
Aerospace defense firm founder was first civilian to walk in space and led first flight of all-private crew of astronauts. A billionaire entrepreneur who led the first flight of an all-private ...The Guardian - Dec. 4 -
Trump nominates Jared Isaacman, private astronaut and Shift4 CEO, for NASA chief
President-elect Donald Trump on Wednesday nominated Jared Isaacman to be NASA Administrator.CNBC - Dec. 4 -
U.S. factory sector outlook still looks soft despite rise in October
Orders for manufactured goods posted the first increase after two straight monthly declines.MarketWatch - Dec. 4 -
Private payrolls grew by 146,000 in November, less than expected, ADP says
Companies added 146,000 jobs on the month, below the downwardly revised 184,000 in October and less than the Dow Jones estimate for 163,000.CNBC - Dec. 4 -
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BlackRock Acquires HPS, a Major Lender of Private Credit
The world’s largest investor is buying HPS, a major provider of private credit, for $12 billion.The New York Times - Dec. 3 -
How Private Funds Could Hurt Americans Under Trump
The fund managers who backed Donald Trump’s candidacy have welcomed his victory with calls for new directions in policy.The New York Times - Dec. 3 -
Boeing’s volatile bonds could outshine the defense sector next year
Boeing Co. was named a “best idea” by the U.S. investment-grade team at CreditSights on Tuesday, on expectations the troubled aerospace company can stabilize its ratings and provide a path to ...MarketWatch - Dec. 3 -
SpaceX’s $350 billion private valuation signals an IPO is off the table for now
Elon Musk’s space business is part of a trend of companies staying private, as its private-market valuation jumps by more than $100 billion with a proposed sale of shares.MarketWatch - Dec. 3 -
BlackRock expanding in private credit, buys HPS Investment Partners for $12 billion
The deal, which is expected to close in mid-2025, comes during a boom for the private credit space.CNBC - Dec. 3 -
UK chemicals sector doubts Starmer ‘reset’ will end Brexit blues
Businesses say regulatory and customs frictions will barely be eased if Labour government sticks to red lines on EUFinancial Times - Dec. 3 -
Wisconsin Judge Strikes Down Limits on Public Sector Unions
The 2011 law stripped most government workers in the state of collective bargaining rights and set off protests that lasted weeks.The New York Times - Dec. 2