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‘Will Pay Any Amount’: Private Firefighters Are in Demand in L.A.
Hiring a private fire crew costs thousands of dollars a day, and most work through government contracts or with insurance companies. Some wealthy property owners are calling them in directly.The New York Times - 1d -
‘It’s about solidarity, not charity’: the Oxfam chief seeking to decolonise the aid sector
Halima Begum outlines her vision for what she sees as a ‘broken model’, with more power over spending given directly to the affected communities. The outdated, elite-dominated international charity ...The Guardian - 2d -
Private security groups to work alongside police in UK crime crackdown
Mitie director says talks under way to help bridge ‘significant gap’ in front-line needsFinancial Times - 3d -
Private equity targets Europe for big buyout deals
Total value of large private equity deals in Europe increased at twice the rate of the rest of world in 2024Financial Times - 3d -
Private equity in 401(k) plans? ‘Highly risky’ for the average investor.
The private-equity industry wants more access to retirement accounts.MarketWatch - 3d -
Rich opt out of English courts for private divorces
Wealthy couples splitting up increasingly turn to arbitration as streamlined alternative to overburdened traditional routeFinancial Times - 4d -
U.S. Imposes New Sanctions to Squeeze Russia’s Energy Sector
The Biden administration is cracking down on the Russian “shadow fleet” and taking steps to curb oil and gas production.The New York Times - 4d -
US imposes wide-ranging sanctions on Russian oil sector
Move by outgoing Biden administration made in co-ordination with UKFinancial Times - 4d -
Biden administration imposes major sanctions on Russian energy sector
The Biden administration announced Friday it was imposing what it billed as the most significant sanctions to date on the Russian energy sector, targeting Moscow’s oil and liquified natural gas ...The Hill - 4d -
China’s solar sector could be on course for a glow-up
After a plague of overcapacity and falling prices, there are signs the sector may be approaching a bottomFinancial Times - 4d -
Jimmy Carter's casket arrives in Georgia for private funeral, final goodbye
Former President Jimmy Carter's casket has arrived in Georgia where his family members and staff from The Carter Center will say their final goodbyes. CBS News' Elizabeth Campbell reports.CBS News - 5d -
Carter's grandson: He was the same in public and private
Jason Carter, the former president's grandson, delivered a eulogy filled with humor and personal remembrances on Thursday, telling mourners that the 39th president was the same man in public as he ...The Hill - 5d -
Private-sector hiring slows: ADP
Hiring in the U.S. private sector and pay growth slowed down in December last year across several industries, according to a report released on Wednesday. The Always Designing for People (ADP) ...The Hill - 5d -
Black British entrepreneurs find new ways to land funding as diversity efforts are scrapped
In 2018 Black founders secured just 0.23% of venture funds, according to data from Extend Ventures.CNBC - 6d -
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 -
Trump’s Wind Turbine Threats Could Leave the Sector Spinning
President-elect Donald Trump pledged to halt development of wind energy projects, a threat that could slow offshore wind beyond his term.Inc. - 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 -
Back to office disputes spread across UK public sector
Staff at Land Registry to take industrial action after being ordered back to their desks three days a weekFinancial Times - 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 - 6d -
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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 -
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 -
CNBC Daily Open: The AI sector still has legs to run
Semiconductor stocks jumped on Monday, lifted by buoyant news regarding the artificial intelligence sector. The S&P and Nasdaq posted two straight days of gains.CNBC - Jan. 7 -
LA tech entrepreneur nearly misses flight after getting trapped in robotaxi
Mike Johns’ self-driving car started circling a parking lot, but he recognizes there are ‘glitches that need stitches’. A tech entrepreneur based in Los Angeles became trapped in a malfunctioning ...The Guardian - Jan. 6 -
‘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 -
Citigroup’s stock is a banking-sector bargain as ‘inflection point’ looms, analyst suggests
Barclays analyst Jason Goldberg upgrades Citigroup to overweight from equal weight on bullish 2025 prospects.MarketWatch - 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 -
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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 -
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 -
US relaxes green hydrogen rules in race to boost sector
Biden administration’s Treasury delays stricter requirements for claiming tax credits ahead of Trump’s returnFinancial Times - Jan. 3 -
AARP’s AgeTech Investor Network is helping tech entrepreneurs target the aging population
AARP has started its AgeTech Investor Network, aimed at helping startups get off the ground in the AgeTech market.VentureBeat - Jan. 2 -
Reinsurance costs fall as sector deploys record capital
Decrease follows two years of bumper profits for providersFinancial Times - Jan. 2 -
German solar sector in distress as glut of panels heaps pressure on industry
Wave of bankruptcies hits key European market as double-digit growth rate slowsFinancial Times - 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 -
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
