Latest in Turns Private Sector
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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 - Jan. 10 -
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 - Jan. 10 -
US imposes wide-ranging sanctions on Russian oil sector
Move by outgoing Biden administration made in co-ordination with UKFinancial Times - Jan. 10 -
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 - Jan. 10 -
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 - Jan. 10 -
Lebanon Turns a Political Page as Hezbollah’s Hold Is Weakened
A stinging defeat in war has left the once untouchable group on its most uncertain footing in years.The New York Times - Jan. 10 -
The Tide Could Finally Be Turning Against the LA Fires
With wind speeds falling, firefighting reinforcements arriving from out of state, and more water sources online, authorities now have a critical window to take control of the situation.Wired - Jan. 10 -
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 - Jan. 9 -
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 - Jan. 9 -
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 - Jan. 9 -
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 - Jan. 9 -
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 - Jan. 9 -
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. - Jan. 8 -
Has the bond market turned against Rachel Reeves?
Rising UK borrowing costs raise risk that chancellor will have to impose tighter fiscal policy as soon as MarchFinancial Times - Jan. 8 -
Eaton Fire turns deadly as wildfires spread in California
Officials say at least two people died in the Eaton Fire and they expect the number of deaths to grow as firefighters battle at least five blazes in California. Structures continue to burn as those ...CBS News - Jan. 8 -
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 - Jan. 8 -
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 - Jan. 8 -
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 -
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The laws turning Arab-Israelis into ‘second-class citizens’
Rules on deportations and taking part in elections seen as deepening systemic inequality of Palestinians in the countryFinancial Times - Jan. 8 -
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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 -
Meta Turns to Community Notes, Mirroring X
Social media companies are abandoning years of fact-checking practices as Republicans criticize it as censorship.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 -
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 -
‘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 -
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 -
'Musk turns on Farage' and 'big freeze hits Britain'
Elon Musk's calls for Nigel Farage to be replaced as Reform UK leader, and weather disruption leads the papers.BBC News - Jan. 5 -
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 -
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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 -
Healthcare turns to AI for medical note-taking ‘scribes’
Investment in the apps has doubled as Big Tech and start-ups compete to grab share of marketFinancial Times - Jan. 5 -
Why Japan is the perfect place to turn 50
A significant birthday feels less so in a country that has become a global pioneer of ageing — for better and for worseFinancial Times - Jan. 4