Big Lots Files for Bankruptcy Protection Sells to Private Equity Firm As It Promises to Keep Offering Extreme Bargains
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Private equity firm Providence weighs £1bn sale in latest events transaction
Company in early stage deliberations over sale of CloserStill amid surging demand for conferencesFinancial Times - 1h -
Lots of laughs, and a loss, for Tiger in TGL debut
Week 2 of TGL was Tuesday night, with Tiger Woods, Kevin Kisner and Max Homa of Jupiter Links Golf Club falling to the Los Angeles Golf Club's Justin Rose, Collin Morikawa and Sahith Theegala 12-1.ESPN - 2h -
Cal Fire official calls private firefighters 'extremely dangerous'
Amid the devastation of the fires, private firefighters have sparked anger, a sign of inequality between the city's wealthiest residents and those struggling to rebuild.ABC News - 7h -
Trump's impending downfall: The promises he will never be able to keep
Given Trump's narrow Congressional majorities and broad promises, he is likely to fail.The Hill - 1d -
Watkins and Iriafen lead No. 4 USC over Penn State 95-73, keeping Nittany Lions winless in Big Ten
Watkins scored 35 points and No. 4 Southern California defeated Penn State 95-73 on Sunday night in one of the first sporting events held in Los Angeles since the deadly wildfires began.Yahoo Sports - 1d -
Prospect Medical Holdings files for bankruptcy after owner payouts
Bankruptcy comes days after scathing Senate report on private equity impact on hospitals.CBS News - 2d -
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 -
2025 NFL playoffs QB confidence meter: Patrick Mahomes in tier of his own, rookies offer big questions
Here's a look at how much faith we have in each playoff quarterbackCBS Sports - 3d -
‘There are a lot of bitter people here, I’m one of them’: rust belt voters on why they backed Trump again despite his broken promises
Many in Youngstown, Ohio, believe the president-elect will tackle the town’s decline this time. Others are worried about his character flaws. Their concerns help explain how he returned to power – ...The Guardian - 3d -
Ex-RFU official 'extremely comfortable' with bonuses
Genevieve Shore, the ex-chair of the Rugby Football Union's remuneration committee, defends its controversial bonus scheme.BBC News - 4d -
The Big Question: How much sick pay should companies offer?
Policies vary dramatically between different countries, but striking the right balance is hardFinancial Times - 5d -
McConnell: Biden selling out to Big Labor by blocking US Steel deal
Sen. Mitch McConnell (R-Ky.) argued President Biden is selling out to Big Labor by blocking the sale of U.S. Steel to Japanese-owned Nippon Steel. “The Biden administration will leave America’s ...The Hill - 5d -
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 - 5d -
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 - 6d -
'It's tricky, they fly a lot' - Arteta on EFL Cup balls
Mikel Arteta still believes Arsenal can reach the Carabao Cup final - but says they must first master the "tricky" football used in the competition.BBC News - Jan. 7 -
Mexico offers protection to famed corridos singer after drug cartel death threats
Authorities in Mexico are offering famed corridos singer Natanael Cano and other artists state protection after a drug cartel in northern Mexico publicly threatened them, prosecutors sayABC News - Jan. 7 -
Labor Board Says Google Should Have to Bargain With Contractors’ Union
A National Labor Relations Board complaint says that as a joint employer of workers from IT staffing firm Accenture Flex, the tech giant should be obliged to negotiate with its union.Inc. - Jan. 7 -
Nvidia's DLSS 4 Promises Big Performance Gains For Both New And Old Hardware
Nvidia finally revealed their next-generation RTX 50-series graphics cards at CES 2025, with some big performance improvements expected thanks to the new Blackwell architecture. But since 2020 and ...GameSpot - 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 -
Haberman: Trump complaining Musk is 'around a lot'
The New York Times’s Maggie Haberman said President-elect Trump is complaining that tech billionaire Elon Musk is “around a lot.” “Trump does complain a bit to people about how Musk is around a ...The Hill - 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 -
FirstFT: US corporate bankruptcies hit 14-year high
Also in today’s newsletter, Trump reiterates ambition to buy Greenland and Wall Street’s top regulator steps downFinancial Times - Jan. 7 -
Another year of big wage hikes likely at big Japan firms, business lobby chair says
Yahoo News - Jan. 7 -
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 -
Bluefin tuna as big as a motorcycle sells for $1.3 million at an auction in Tokyo
A bluefin tuna was sold for around $1.3 million, marking the second-highest bid at Tokyo's Toyosu fish market's annual auction since its inception in 1999, according to market organizers.NBC News - 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 -
The Gen Z problem for audit firms
The profession is finding it harder to attract and retain staff — a key factor in the quality of inspectionsFinancial Times - Jan. 6 -
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 -
This factor makes 11 stocks look like better bargains even after they soared in 2024
Some stocks’ price-to-earnings valuations declined even as they outpaced the S&P 500’s big gain.MarketWatch - Jan. 4 -
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 -
Trump has made a lot of Day One promises. Which will he keep?
Way up on his list of Day One priorities is his promise to begin rounding up and deporting immigrants who snuck into this country — and those who committed serious crimes would be the first to go.The Hill - Jan. 3 -
New Year's attacks fuel fears of extremism in military
The primary suspects in two deadly attacks on New Year’s Day shared a history of service in the U.S. military, underscoring persistent fears over extremism within the armed services that officials ...The Hill - Jan. 2 -
3 safety features home equity loans offer borrowers now
These three unique features make home equity loan borrowing especially secure right now.CBS News - Jan. 2 -
Content Creators Worry OpenAI Won’t Release a Tool That Promised to Protect Their IP
OpenAI said it would make it easy for content creators to prevent their material from being used to train AI, but it hasn’t yet delivered.Inc. - Jan. 2 -
How to Stay Safe in Extreme Cold Weather
Experts offer tips to protect against common health hazards as temperatures plummet.The New York Times - Jan. 2 -
Green-Energy Firms' Pitch to Trump: You're Going to Need a Lot of Power
Instead of touting projects as “clean and affordable,” renewables firms are highlighting their projects’ ability to meet energy needs.The Wall Street Journal - Jan. 1
