Palomar Health’s steep operating losses call into question the solvency of the healthcare district.Palomar Health Palomar Health, an Escondido-based two-hospital system, which was downgraded by Moody’s Ratings to junk in October, has reported a $165 million operating loss for the fiscal year ended June 30. Palomar Health is the largest public health care district in
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After the deadly collapse of a 12-story condominium tower in the Surfside suburb of Miami, Florida, in 2021, state lawmakers implemented new requirements for older condominiums. Buildings at least 30 years old, like the Champlain tower that fell, have to undergo special inspections, make repairs and gather reserve funds for future maintenance. The deadline is
The latest Water Resources Development Act bill is named after outgoing Senate Environment and Public Works Committee Chair Tom Carper, D-Del.Rachel Wisniewski/Bloomberg The U.S. House of Representatives is poised to vote this week on a sweeping water infrastructure bill that would send billions to flood-control and coastal resiliency projects and revamp a popular transportation loan
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Taylor Swift’s Eras tour made $2.1bn in sales, making it the highest-earning concert run in history and capping off two years of financial and cultural domination for the pop star. The figure covers 10mn tickets
Stay informed with free updates Simply sign up to the UK house prices myFT Digest — delivered directly to your inbox. Only the richest 10 per cent of households in England could afford to buy a house with less than five years of household income in the year to March 2023, while property prices in
Paramount Global’s $8 billion merger with Skydance Media faces a slew of fresh hurdles as it looks to gain US regulatory approval — from controversy over a “60 Minutes” interview with Kamala Harris to objections from the Teamsters union, sources told The Post. The outlook for the mega-deal has grown murkier since Donald Trump won
Amar Lalvani the 49-year-old President and Creative Director for Hyatt, and the man who turned Standard hotels into a huge global brand credits his career to taking risks and embracing uncertainty. In his early 20s, a business trip to Thailand turned into a multi-year stint in Asia. He was initially reluctant to work abroad for
Reclusive billionaire Ira Rennert, owner of the largest estate in the Hamptons, could soon face the spotlight over alleged lead poisoning at a Peruvian mine a lawsuit he has tried to get tossed for nearly two decades. The 90-year-old founder of New York-based family holding company Renco is best known in New York circles for
A federal judge has ordered the U.S. Food and Drug Administration to publicly disclose more information underpinning its authorization of COVID-19 vaccines, after failing to persuade the court to end the public records lawsuit. In a ruling, on Friday, U.S. District Judge Mark Pittman in Fort Worth, Texas, ordered the agency to produce its emergency use authorization
Amidst the annual holiday boom in turkey sales, the United States Department of Agriculture (USDA) is proposing a new rule to reduce salmonella in poultry. That’s a laudable goal, but the actual regulationas is often the caseis being shaped in a way that hurts small farmers and meat processors while helping large agricultural conglomerates. This
President-elect Donald Trump said in an interview aired on Sunday he will not try to replace Federal Reserve Chair Jerome Powell upon taking office in January. “No, I don’t think so. I don’t see it,” Trump said on NBC News’ Meet the Press with Kristen Welker” when asked if he would seek to remove Powell, whose term ends in 2026. Trump
Connecticut Gov. Ned Lamont’s administration has consistently borrowed less than its capacity over the years.Bloomberg News Connecticut is poised to ramp up transportation borrowing in the coming years, according to its most recent fiscal accountability report. “What we want to do is take advantage of the federal resources that are available to make some long-term,
€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China has launched an antitrust probe into AI chip giant Nvidia, amid deepening tensions with the US over technology. Chinese state media on Monday night reported that the country’s market regulator had in recent days
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world “Assad must go,” said Barack Obama in 2013. More than a decade later, the Syrian dictator has gone. But the mood in the US and Europe is wary rather than celebratory. Recent history
International powers seeking a peaceful transition in Syria will have to consider lifting the “terrorist” designations applied to the Islamist movement that led the rebellion to topple Syria’s Bashar al-Assad, a senior UN official has suggested. Geir Pedersen, the UN’s special envoy for Syria, told the Financial Times there was “no way to exclude”
€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT
Turkey’s foreign minister has called on the UN and other international actors to “extend a hand to the Syrian people and support the formation of an inclusive administration” following the overthrow of Bashar al-Assad’s government. Hakan Fidan said Turkey would work for the territorial integrity, political unity, welfare and security of Syria after opposition fighters,
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel has taken more Syrian territory and struck chemical weapons sites in reaction to the toppling of Bashar al-Assad’s regime by a group led by the Islamist Hayat Tahrir al-Sham. The moves come as regional
€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT
€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT
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