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☆ China is trying to connect Southeast Asia by high-speed rail. Here’s how that’s going
▼ + stars: | 2024-03-25 | by ( Heather Chen | ) edition.cnn.com time to read: +10 min

CNN —Imagine jumping on a train in southwestern China, traveling some 2,000 miles and arriving in Singapore – less than 30 hours later. Southeast Asia is the “obvious” choice because of its “proximity to China,” Bowerman adds. “Beijing, I think, ultimately wants to see Southeast Asian countries within its sphere of geopolitical influence. A staff member waits for passengers to board the Jakarta-Bandung high-speed train during a week-long public trial phase at the Halim station in Jakarta on September 17, 2023. “In the example of a high-speed railway line between Malaysia and Singapore, Singapore would likely have just one stop – Malaysia would have more,” Wong told CNN.

Persons: China’s, Gary Bowerman, ” Bowerman, ”, Pon Souvannaseng, Peerapon Boonyakiat, Bowerman, Pan Wenbo, Pan, Mei Wei, Wei, “ I’m, Xi Jinping’s, Souvannaseng, Hong Kong –, Hong Kong’s, Yasuyoshi Chiba, Wong Muh Rong, ” Wong Organizations: CNN, Initiative, China Railway, Reuters, East Japan Railway Co, Malaysian, Bentley University, of, Communist Party, Laos Railway, Laos Railway cumulatively, Orient Express, Getty Locations: China, Singapore, Asia, Laos, Kunming, Vientiane –, Indonesia, Jakarta, Bandung, West Java, Thailand, Bangkok, Thai, Malaysia, Kuala Lumpur, Southeast Asia, “ China, Peerapon, Cities, Penang, Malacca, Phuket Old Town, Beijing, Vietnam, Philippines, Cambodia, Wat, Siem Reap, ”, Kowloon, Hong Kong, Shanghai, Halim, AFP, “

☆ Boeing needs to find an 'outsider' as a CEO, says Yale's Gautam Mukunda
▼ + stars: | 2024-03-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBoeing needs to find an 'outsider' as a CEO, says Yale's Gautam MukundaFormer Pan Am CEO David Banmiller and Gautam Mukunda, lecturer in the practice of management at the Yale School of Management, join 'Money Movers' to discuss Dave Calhoun's decision to retire, what Boeing should do, and when issues began to appear at Boeing.

Persons: Yale's Gautam Mukunda, David Banmiller, Gautam Mukunda, Dave Calhoun's Organizations: Boeing, Pan Am, Yale School of Management

☆ I tried 30 of Trader Joe's seasonal spring products, and there are only a few I wouldn't buy again
▼ + stars: | 2024-03-25 | by ( Savanna Swain-Wilson | ) www.businessinsider.com time to read: +44 min

AdvertisementOther candy makers should take notes because Trader Joe's clearly knows what it's doing when it comes to chocolate. I fell in love with the lemon-and-ricotta ravioli's tasty fillingThis lemon-and-ricotta option is my new favorite Trader Joe's ravioli. These blueberry-and-lemon hand pies are the perfect pastry for the spring seasonThe blueberry-and-lemon hand pies from Trader Joe's look homemade. Trader Joe's Portuguese custard tarts totally lived up to the hypeTrader Joe's Portuguese custard tarts blew me away. If someone told me Trader Joe's lemon sheet cake came from a fancy bakery, I wouldn't question it for a second.

Persons: —, I've, Wilson, Joe's, they're, Savanna, I'm, seitan, pico, gallo, there's, Joe's didn't, Parmesan, Almond, Wilson I'm, graham, They'd, Meyer, munch, Wilson I've, Ina Garten, They're, madeleines, Florentine, Joe, Wilson It's, frosting, pasteis, nata, I'd, pretzels, Joe's dulce, dulce de Organizations: Service, Business, Wilson Locations: Savanna, Eastern Europe, Parmesan, Portugal

European markets had a tentative start to the new trading week Monday, as investors continued to digest a number of central bank policy decisions in Europe. The pan-European Stoxx 600 index closed 0.04% higher after finishing last week at a record high. European marketsHome improvement group Kingfisher , owner of brands such as B&Q and Screwfix, rebounded in afternoon deals to close up 2.5%. The stock dipped earlier in the session after issuing its third warning on profit in six months. The U.K.'s Direct Line meanwhile plunged 11% after Brussels-based Ageas on Friday confirmed it would not make a further offer for the fellow insurance firm.

Locations: Europe, Brussels

☆ Practice Makes Perfect Biscuits
▼ + stars: | 2024-03-24 | by ( Sam Sifton | ) www.nytimes.com time to read: +1 min

If you make biscuits (above) today — and you ought to — they ought to be terrific. But if you make biscuits today and do so again next weekend and the weekend after and the weekend after that, they will be terrific, the best biscuits ever. This is a matter of practice related to what martial artists call kata — a set pattern that rewards repetition with excellence. The same goes for pizza dough — whether for pan pizza, Neapolitanish pizza or Chicago tavern-style pizza. “You’ve got to keep your hands in the flour,” the pizza lord Anthony Falco once told me, a reminder to always be making pizza dough, to be attuned to its particulars, to keep up the practice.

Persons: “ You’ve, Anthony Falco Locations: Chicago

☆ Sydney Sweeney says she hid candy in the fake pregnant belly she wore for her gory new horror movie 'Immaculate'
▼ + stars: | 2024-03-23 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +3 min

Read previewSydney Sweeney wanted to get bloody and crazy in her first scary movie, but she also made time for snacking. In a Q&A after the premiere of "Immaculate" at SXSW Film & TV Festival in Austin, Sweeney spoke about making the gory horror movie. When asked about the process of designing the habit-heavy wardrobe for the film, Sweeney revealed a behind-the-scenes detail about her costume. This story is available exclusively to Business Insider subscribers. Eventually, when Sweeney decided to make a horror movie, she knew just the one she wanted to do.

Persons: —, Sydney Sweeney, Sweeney, Michael Mohan, Mohan, Andrew Lobel's, Lobel, he'd, you've Organizations: Service, snacking, SXSW, TV, Business Locations: Austin

Shop at Amazon Shop at DreoTyphur Sous Vide Station If you’ve been wanting to venture into the benefits of cooking with Sous Vide, Typhur’s Sous Vide Station incorporates all functions of sous vide cooking into one unit, with a built-in tank, scheduling functions, and step-by-step cooking instructions on a large LCD display. Shop at Amazon Shop at TramontinaAdvertisementSustainability and alternative materialsEco-friendly materials are at the forefront of home and kitchen design. Shop at Amazon Shop at UmbraFull Circle Grate Expectations Stainless Steel Coarse Grater with Food Catcher Full Circle should be on your radar for eco-friendly cleaning tools and hydration solutions. From earth tones and pastels to vibrant collections, you can coordinate your kitchen in monochrome hues, prints, and textures. Shop at Amazon Shop at Walmart Shop at TargetLuma Nugget Countertop Ice Maker We've been searching for a more affordable nugget ice maker, and this small appliance from Luma might be the one.

Persons: It's, Dreo ChefMaker Combi Fryer, you’ve, Zyliss, Joe Derochowski, Dyson, Brabantia Organizations: Business, Shop, kraft, Cork, Walmart, Everest

☆ Brooke Schofield's star is rising with the 'Cancelled' podcast — and it's teaching her to deal with hate and scrutiny
▼ + stars: | 2024-03-20 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +8 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Brooke Schofield and Tana Mongeau on their "Cancelled" tour. But Schofield's confidence grew once her podcast with Mongeau, "Cancelled," launched in July 2021 and showcased her comic timing, fashion sense, and life stories. Schofield and Mongeau are also now taking their show on a US tour, which ends on June 2 in Oakland, California. "She's gotten hate for so many things and she's just really good at not taking it in," Schofield said.

Persons: —, Brooke Schofield, Hannah Montana, Tana Mongeau, Schofield, Mongeau, YouTubers Trisha Paytas, Jeff Wittek, Brooke Schofield Schofield, she's, Reddit, VidCon, She's, we've, Matt, I've Organizations: Service, Arizona, Business, YouTube, BI, Netflix Locations: LA, Oakland , California, San Antonio

☆ The Egg Dish You Need to Make Right Now
▼ + stars: | 2024-03-20 | by ( Melissa Clark | More About Melissa Clark | ) www.nytimes.com time to read: +1 min

As I pulled out the spice tins, their combination reminded me of Julie Sahni’s ande ki kari (egg curry), which I adapted for this column a few years ago. There are myriad versions of egg curry across India, just as there are endless variations on eggs in purgatory and shakshuka. So, for my dinner on that cold and hectic night, I cherry-picked elements of each egg dish to suit myself. One note about those canned tomatoes: Although any kind will work, canned cherry tomatoes are my favorite here, giving the dish a particularly sweet flavor and chunky texture. Or, if you’re making this in tomato season, substitute chopped fresh tomatoes, making sure to cook them a few minutes longer so they break down.

Persons: Julie Sahni’s ande ki Locations: India

☆ A glimpse into Sam Altman's 2-hour-long bid to look like the saner, less chaotic foil to Elon Musk
▼ + stars: | 2024-03-19 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +6 min

Read previewSam Altman is warring with Elon Musk. Musk told Lemon he takes a small amount of ketamine "once every other week" and that he uses the drug "when my brain chemistry sometimes goes super negative." Related stories"So from investors' standpoint, if there is something I'm taking, I should keep taking it," Musk told Lemon. The billionaire told Lemon that he thinks people shouldn't make racism "a constant subject" and that they should "move on" from the topic altogether. "You're upsetting me because the way you phrase your questions is not cogent," Musk told Lemon.

Persons: —, Sam Altman, Elon Musk, Lex Fridman, Altman, OpenAI's ChatGPT, Elon, Fridman, Don Lemon, Lemon, Musk, Donald Trump, bLRae4DhyO, Brad Stone, Anna Makanju, Stone, " Altman, They're, OpenAI, Musk's Organizations: Service, Google, Business, CNN, Elon, Tesla, OpenAI, Microsoft, Business Insider Locations: Davos, Elon

☆ Drake Bell Opens up to BI About Sexual Abuse, the Nickelodeon 'Factory,' and 'Quiet on Set'
▼ + stars: | 2024-03-19 | by ( Kate Taylor | ) www.businessinsider.com time to read: +26 min

He acted out, showing up to the "Drake & Josh" set late and hungover. "If I'm going to tell my story, this is how it was supposed to be told," Drake Bell, pictured here at his studio in Mexico City, recently told BI. In the second season, Brian Peck (who is unrelated to Bell's "Drake & Josh" costar Josh Peck) joined as a dialogue coach. Bell told BI that Nickelodeon "was a factory," treating child actors like kings one day only to throw them to the curb the next. Bell told BI that, in some ways, his music and the docuseries serve the same purpose.

Persons: Drake Bell, Drake, Josh, tweens, Dan Schneider, Bell, Brian Peck, Peck, Schneider, he's, he'd, Robin Dodson, Joe Bell, bro Totally Kyle, Tony, Ana Topoleanu, Amanda, Josh Peck, Kenan, Kel, Leonardo DiCaprio, Bryan Singer, James Marsden's, Tom DeSanto, Dan, Bell's, worrisome, Joe, hadn't, Gary Livingston, I'd, Dodson, I'm, heartthrob, James Marsden, Alan Thicke, Strong, Lynne Murphy, Penn Badgley, Forrest Gump, Will Friedle, Brian, Friedle, I've, don't, spiraled, He'd, Janet Von Schmeling, Von Schmeling, Jennette McCurdy, Amanda Bynes, Aaron Carter, Emma Schwartz, Jaime Nogales, Singer, Pan, Mary Robertson, Kate Taylor Organizations: Nickelodeon, Business, Kids, Maxine Productions, Sony Pictures, Bell, Daytona Beach Police Department, Getty, Los Angeles Police Department, Ford, Hollywood, BI, Disney, Netflix, US, Cleveland, The New York Times, Times, Daily Mail, Orlando, Pan Am, & $ Locations: Mexico City, Newport Beach , California, Bell, Hollywood, Orange, Los Angeles, Valley Glen, Angeles, Los Feliz, San Diego, Feliz, Glendale , California, Mexico, California, Ohio, Florida, pompadour

☆ China kicks off the year on strong note as retail, industrial data tops expectations
▼ + stars: | 2024-03-18 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

Retail sales rose 5.5%, better than the 5.2% increase forecast in a Reuters poll, while industrial production climbed 7%, compared with estimates of 5% growth. Investment into real estate fell by 9% in the first two months of the year from a year ago. National Bureau of Statistics Spokesperson Liu Aihua said that real estate remains in a period of "adjustment," according to a CNBC translation of his statement in Mandarin. New loans in February missed expectations and fell from the prior month, "even after adjusting for seasonality," Goldman Sachs analysts said in a report Friday. Chinese authorities did not reveal significant new support for the massive real estate sector during an annual parliamentary meeting that ended last week.

Persons: Liu Aihua, Liu, Ting Lu, Goldman Sachs, Pan Gongsheng, Goldman Organizations: Pudong New, Investment, National Bureau of, CNBC, China, People's Bank of China, Reuters Locations: Dongyu, Qiantan, Pudong, Pudong New Area, Shanghai, China, BEIJING, Real, Beijing

☆ Demand for a hot new AI role is skyrocketing — but some say it won't last.
▼ + stars: | 2024-03-16 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +8 min

Day to day, she coaxes AI models like OpenAI's GPT, utilizing natural language to manipulate the model into spitting out exactly the content she wants. "I just find it really interesting, really fun — it's like solving a word puzzle," Daniel, whose résumé also includes a prompt engineering role at LinkedIn, said. AdvertisementDaniel is part of a wave of a new kind of AI engineers — those without formal tech skills. AdvertisementDemand for prompt engineers has been skyrocketing amid the AI hype, and salaries are echoing the excitement. "I think different standards will emerge between what everybody can do and what the expert prompting engineers can do," she said.

Persons: —, Kelly Daniel, Daniel, Lazarus, Tanya Thomas, Thomas, Antropic, OpenAI's ChatGPT, Critics, Conor Grennan, Grennan, Rick Battle, Teja, Vasudev Lal, Lal, Yinuo Chen, Chen, there'll, Mark Zuckerberg's, she's Organizations: Service, LinkedIn, Google, NYU Stern School of Business, VMware, Intel Labs, Meta Locations: Beijing

☆ Citadel's relocation to Miami was a success. But can Ken Griffin get the rest of Wall Street to do it?
▼ + stars: | 2024-03-15 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In today's big story, we're looking at how two of the most powerful Wall Street firms are doing two years after relocating to Miami . Nearly two years ago the billionaire uprooted his hedge fund, Citadel, and market maker, Citadel Securities, from their Chicago headquarters to Miami. Employees at Citadel and Citadel Securities spoke to Business Insider's Emmalyse Brownstein about life in the new HQ . Shares tumbled 55% after The Wall Street Journal reported that Fisker had hired restructuring advisors to assist with a possible bankruptcy filing.

Persons: —, we're, sarayut Thaneerat, Tyler Le, Ken Griffin, Samantha Lee, San Francisco, Griffin, Anita Kot, Dogecoin, Elon Musk, Ned Davis, Fisker, Patrick Pleul, Andrew Cabellero Reynolds, Jenny Chang, Rodriguez, Sam Altman, Muhammad Ali, Steven Mnuchin, BI's Peter Kafka, Ezra Bailey, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Service, Business, Wall, Citadel, Citadel Securities, Sunshine State, Miami, New York, Ned Davis Research, Street Journal, Elon, OpenAI, Google, KKR, Benz Locations: Miami, Florida, Chicago, New York, London, York, Plenty, San, Austin, He's, Blackstone

☆ The Capital One-Discover Deal Won’t Fix Our Broken Credit Card System - The New York Times
▼ + stars: | 2024-03-15 | by ( Aaron Klein | ) www.nytimes.com time to read: +5 min

This is a story about you and your favorite credit card, the one that earns you points. So this rewards card, it’s really a screw-over-poor- people card. Why are swipe fees in the U.S. nine times higher than they are in Europe? But these two companies control over 80 percent of the credit card market. Dick Durbin, the senator who helped crack down on swipe fees for debit cards, has authored a bipartisan bill that would use competition to drive down credit card swipe fees.

Persons: Marty, let’s, you’ll, you’re, It’s, MJ, Dick Durbin, you’ve Organizations: Visa, Mastercard, Federal Reserve Locations: Europe, Congress

☆ I'm a millennial mom who's visited 57 countries with my kids thanks to many income streams, including $4,000 a month blogging and extra cash from flipping homes
▼ + stars: | 2024-03-14 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +10 min

Karen Edwards has traveled to or lived in 57 countries with her husband and four children. AdvertisementThis as-told-to essay is based on a conversation with Karen Edwards, who blogs about her family's life abroad. Karen Edwards' son and the camper van they lived in. My kids played with Peruvian children — it was really, really special. AdvertisementKaren Edwards' husband and children.

Persons: Karen Edwards, —, I've, Edwards, Karen Edwards I've, It's, We've, it's, Karen Edwards ⁠, they've, we'll Organizations: Service, Sri Locations: Sri Lanka, Dublin, London, Abu Dhabi, London Borough, Croydon, Southeast Asia, Vietnam, Taiwan, Hong Kong, Malaysia, Indonesia, Singapore, Canada, Argentina, US, Mexico, Bahamas, Grand Cayman, Jamaica, Belize, Nicaragua, Guatemala, Costa Rica, Panama, Colombo, Peru, Bolivia, Europe, Central Asia

☆ Popularity of listing in U.S. is a problem for London — not Europe, says Euronext CEO
▼ + stars: | 2024-03-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPopularity of listing in U.S. is a problem for London — not Europe, says Euronext CEOStéphane Boujnah, CEO of pan-European bourse Euronext, discusses the region's IPO pipeline and explains how it is attempting to overcome challenges caused by European fragmentation.

Persons: Stéphane Boujnah Organizations: London, bourse Euronext Locations: Europe

☆ Chefs share the best seafood to buy from the grocery store — and what you should skip
▼ + stars: | 2024-03-13 | by ( Sophia Mitrokostas | ) www.businessinsider.com time to read: +7 min

AdvertisementBuying fresh fish from the grocery store can sometimes be intimidating since there are so many different cuts, varieties, and preparations. Business Insider asked professional chefs to share their favorite types of seafood to buy from the supermarket and which kinds they tend to avoid. Rosa M. Reynoso Robiou/ShuttershockCelebrity personal chef Jamie Hunt told BI that red snapper is a favorite of hers to buy at the grocery store. AdvertisementSkip the lobsters in the tankIt's best to buy lobster from a local, coastal fish market to ensure ultimate freshness. Steer clear of naturally oily frozen fishWhen shopping for frozen fish, it pays to select varieties that don't lose their texture or flavor when stored.

Persons: —, Rosa M, Reynoso, Jamie Hunt, Hunt, Faisal Ahmed Aldeleigan, Aldeleigan, Kysha Harris, Harris, Oksana Mizina, Juli, you'll, Steer, pollack, they're Organizations: Service, Business Locations: America, Canada, Iceland, New Zealand, East Coast, Iowa, New Africa

☆ Family drama in the Garden State
▼ + stars: | 2024-03-13 | by ( Tracey Tully | ) www.nytimes.com time to read: +1 min

These sordid details form the backbone of the bribery charges against New Jersey’s senior senator, Robert Menendez, a Democrat. In any other state, that would be enough drama. But in the Garden State, the scandal has uncorked an even more powerful political tempest. The audacious play for a highly coveted seat has prompted critics to pan her candidacy as rank nepotism. She is up against Andy Kim, a popular three-term Democratic congressman from South Jersey, who is perhaps best known nationally for a viral photograph of him cleaning up the Capitol after the Jan. 6 riot.

Persons: Robert Menendez, Tammy Murphy, New, Phil Murphy, Andy Kim Organizations: New, Garden State Locations: Garden, South Jersey

☆ This winter was weirdly warm — and rough for retailers
▼ + stars: | 2024-03-13 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +4 min

The US just experienced the warmest "meteorological winter" on record, NOAA said last week. It also led to unpredictable consumer demand, causing headaches for retailers and other businesses. For Dick's, warmer weather means that sales skew toward lightweight fleeces rather than pricier down parkas, she said. A retailer in South Dakota surveyed by the Federal Reserve said that even though the warmer weather led to higher foot traffic, sales of winter gear and equipment fell. AdvertisementFrom major complications to minor inconveniences, it's looking like this winter could be a preview of what's to come thanks to the climate crisis.

Persons: Lauren Hobart, Hobart's, didn't, Hal Lawton, Lawton isn't, Raymond James, Lowe's, Marvin Ellison, Bill Boltz, Wisconsin's Organizations: NOAA, Service, National Oceanographic, Atmospheric Administration, Sporting, Tractor, Co, Raymond, Raymond James Institutional Investors, Federal Reserve, Climate Central Locations: NOAA's, East, Midwest, South Dakota

☆ A Weeknight Skillet Chicken Dinner, Rich With Greens
▼ + stars: | 2024-03-13 | by ( Melissa Clark | More About Melissa Clark | ) www.nytimes.com time to read: +1 min

For this recipe, I nestled my beloved greens in their pan with chicken thighs, another weeknight favorite. It makes for a skillet dinner that’s not much harder than cooking the greens by themselves, but a lot more substantial. Chicken breasts — either bone-in or boneless — will also work well. Boneless breasts have a narrow window of being done but not overdone, usually about 5 to 7 minutes less than boneless thighs, so watch them carefully. And if you’re a fan, olives or capers gives this a briny zing that rounds out the earthiness of the greens.

Persons: you’ve, that’s, rabe Locations: Kale, collards, chard

The Daily Hunt for Food in GazaFor two million hungry Gazans, most days bring a difficult search for something to eat. Amany Mteir, 52, scours the streets north of Gaza City, where people sell or trade what food they have. The war, including Israel’s bombardment and siege, has choked food imports and destroyed agriculture, and nearly the entire population of Gaza relies on scant humanitarian aid to eat. Most food shops in northern Gaza are damaged or closed, so vendors set up informal street markets to sell food and other items. An average of just six commercial trucks carrying food and other supplies have been allowed to enter Gaza each day since early December.

Persons: Amany Mteir, Aseel Mutair, Nizar Hammad, Nizar, ” Aseel, Pita, Aseel’s, Rice, Aseel, Muhammad, “, —, ” Amany, ” Nizar, Amany, ”, We’ve Organizations: Daily, United Nations, Aid, The New York Times, pita Locations: Food, Gaza, Gaza City, Beit Lahia, Rafah, United States, The, bouillon

☆ China’s consumer inflation rate rises for first time in six months. But the holiday boost is likely to fade
▼ + stars: | 2024-03-11 | by ( Laura He | ) edition.cnn.com time to read: +4 min

Hong Kong CNN —China’s consumer inflation turned positive for the first time in six months, largely supported by the Lunar New Year holiday, when a spending boom pushed up prices. The Consumer Price Index (CPI) increased by 0.7% in February from a year earlier, government data showed on Saturday, versus a rise of 0.3% forecast in a Reuters poll. This was the first increase in the inflation rate since August 2023. Last Tuesday, Premier Li Qiang said the government had set this year’s growth target at around 5% and inflation target at 3%. But the key to growth and rising prices will be how Beijing implements its policy to stimulate demand and boost confidence, analysts said.

Persons: “, ”, Zhiwei Zhang, ” Nomura, Price, Li Qiang, Gongsheng, Zheng Shanjie Organizations: Hong Kong CNN —, Index, “, People’s Bank of China, Getty, National, ” Citi Locations: China, Hong Kong, Nanjing, Jiangsu province, Beijing

☆ How Wealthy Investors Got Rich Looting America's Needy Hospitals
▼ + stars: | 2024-03-11 | by ( Bethany Mclean | ) www.businessinsider.com time to read: +21 min

That added to the massive debt burdens already placed on the hospitals by their for-profit owners, deepening their financial woes. In January, MPT reported that its biggest tenant, a nationwide chain of 32 hospitals called Steward, could no longer pay its rent. The core idea was simple: to buy hospital real estate, pocket the lease payments, and use the money to reward investors. The more hospital real estate that MPT buys, the more money it makes in rent payments from the hospitals. But that doesn't mean that MPT's leaders didn't get rich off its hospital deals.

Persons: Leonard Green, Sherman Cahal, Rob Simone, Hedgeye, MPT, Steward —, Justin Simon, Jasper Capital, they've, Ed Aldag, Eddie Lampert's, Eileen Appelbaum, Rosemary Batt, MTP, Marc Rowan, Richard Mortell, Leonard Green couldn't, they'd, Stephen Feinberg, Ralph de la Torre, Steward, Simone, Cerberus, Chandan Khanna, That's, de la, de la Torre, la Torre, Amaral, Aldag, Apollo, Eileen O'Grady, Moody's, didn't, Sen, Chuck Grassley Organizations: Northside Regional Medical Center, Ohio Valley Medical, East Ohio Regional Hospital, Luke's Medical, Glenwood Regional Medical Center, Medical Properties Trust, Jasper, Sears, Bain Capital, Affordable, Cornell University, Business, Third Coast Real Estate Capital, Cerberus, Health Care, Boston Globe, Bloomberg, Getty, Easton Hospital, Local, de la Torre, la, MediaNews, Boston Herald, Prospect, Private, Yale New Haven Health, Yale, Apollo, MPT, SEC, Republican, Senate Finance Locations: Youngstown , Ohio, Ohio, Wheeling , West Virginia, Martins Ferry , Ohio, St, Luke's, Phoenix, Massachusetts, West Virginia, California , Pennsylvania, Texas, Pennsylvania, Louisiana, America, Alabama, MPT, Greater Boston, Steward, Easton, Lehigh, Elizabeth's, Boston, Connecticut, it's

☆ Jimmy Kimmel says he was told not to read Trump's pan of the Oscars onstage, but obviously did it anyway
▼ + stars: | 2024-03-11 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +1 min

Jimmy Kimmel says he was told backstage not to read Trump's review of his performance at the Oscars. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementJimmy Kimmel apparently went against producers' advice at the Oscars when he decided to fill some spare time by reading President Donald Trump's review of his performance. I just got a review, and um…," Kimmel said during the ceremony before proceeding to read an excerpt of Trump's review of his performance off of a cellphone.

Persons: Jimmy Kimmel, Kimmel, Trump, —, Donald Trump's, I'm Organizations: Service

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