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The CEO also spoke with President-elect Donald Trump about the impact of his potential tariffs. Boeing's CEO Kelly Ortberg has a stern warning for his staff — stop squabbling and get to work. During the meeting, Ortberg also told staff not to "sit at the water cooler and bitch about people," per The WSJ's transcription of the recording. AdvertisementThe WSJ also reported that Ortberg has spoken with President-elect Donald Trump about the impact of potential tariffs on Boeing. Ortberg told staff that a potential trade war with China might impact the company's plane exports to Chinese airlines.
Persons: Kelly Ortberg, Ortberg, Donald Trump Organizations: Airbus, WSJ, Boeing, Business Insider, Trump, Seattle Times, Society of Professional Engineering Employees, Aerospace, . Aviation, Avia Solutions, Max Locations: Boeing's hourlong, China, Washington, Oregon
And to run the new cost-cutting department, Trump tapped the businessman he calls the world's "greatest cutter" — Elon Musk. If you're looking to take a chainsaw to the federal government, Musk seems perfectly suited to the job. When it comes to federal spending, one person's waste is another person's bread and butter. And his massive investments in electric vehicles and social media are dependent on all sorts of federal spending and oversight. Musk has acknowledged that Americans will feel "hardship" as a result of the cuts he wants to see implemented.
Persons: Donald Trump, Trump, Elon Musk, Musk, cochair, Vivek Ramaswamy, Ronald Reagan —, There's, Michael Morris, Morris, it's, Andy Wu, Linda Bilmes, Ronald Reagan, Joel Friedman, Brian Hughes, DOGE, Reagan, Ramaswamy, It's, Sam, Uncle, Elon Organizations: Department of Government, Twitter, Tesla, SpaceX, Defense Department, IRS, Columbia Business School, Harvard Business School, Government, Harvard Kennedy School, Office, GAO, Fox News, Budget, Federal Aviation Administration, Veterans Administration, Locations: Ecuador, Independence
A Princeton and Harvard grad, Hegseth was CEO of the conservative veteran’s advocacy organization, Concerned Veterans for America, beginning in 2006. He has 20 years’ experience in the military, having served in the Army National Guard as an infantry officer from 2002 to 2021 and leaving service as a major, according to military service records. He also worked as a guard at the US military base at Guantanamo Bay, Cuba, from June 2004 to April 2005. Hegseth has been awarded two Bronze Stars from his combat service. In one June interview on Fox, Hegseth bemoaned the state of the US military’s procurement system and the threat posed by China’s growing military.
Persons: Donald Trump’s, Pete Hegseth, Hegseth, CQ Brown, , “ Fox, , Trump, ” John Noonan, ‘ You’ve, Hugh Hewitt, , they’re, Shawn Ryan, you’ve, ” Hegseth, Brown, Staff —, shouldn’t, Obama, Ben Shapiro, America Allison Jaslow —, who’ve, ” Jaslow, , Biden, neocon, Hegseth –, neocon ”, he’s, , they’ve, Vladimir Putin’s “, Ryan, King, warcrimes, Matthew Golsteyn, Clint Lorance –, Eddie Gallagher, Mark Esper, Gallagher, Golsteyn, Lorance, Jaslow, Tim Parlatore, “ Everyone’s, ” CNN’s Oren Liebermann Organizations: CNN, Fox News, Joint Chiefs, Army National Guard, Star, Pentagon, Trump, Princeton, Harvard grad, Veterans, Republican, Defense Department, Armed, Navy, of Defense, Staff, Air Force, Army Ranger School, Army Special Forces, Naval, Warfare Command, Afghanistan Veterans, Ranger School, Defense, Iraq, Fox, United, “ Fox, , warcrimes CNN, United States Senate Locations: China, Ukraine, America, Iraq, Afghanistan, Guantanamo Bay, Cuba, Washington, United States, Washington ,, Trump, Europe, Poland
As Hurricane Milton bears down on Florida, the staff at Sarasota Memorial Hospital are getting ready. The main hospital, Sarasota Memorial, is the largest. Staff at Sarasota Memorial can bring their pets to the hospital's temporary shelter. Courtesy Sarasota Memorial Health Care SystemAt AdventHealth Tampa Emergency Department, Dr. Alex Waldman, 35, is part of the B team. He’s preparing his house for the storm and bolting the hurricane shutters.
Persons: Milton, We’re, , David Verinder, Verinder, “ They’re, they’re, Alex Waldman, Waldman, Hurricane Helene, , Helene, Lee, Monica Collins, Collins, Hurricane Ian, Fort Myers, she’s, Ian, He’s, I’m, I’ve, ” Waldman Organizations: Sarasota Memorial Hospital, Sarasota Memorial Health Care, Sarasota Memorial, Staff, Sarasota, Sarasota Memorial Health, Tampa Emergency Department, Lee Health, Southwest Florida Hospital, Skilled, Children’s, of Southwest, Hurricane Locations: Florida, Sarasota, Tampa, Hurricane, Fort Myers, of Southwest Florida, Miami, Fort
Family office employees, in turn, can be paid on par with, or even better than, banking, private equity, and other top finance jobs. AdvertisementBillionaires like Ray Dalio, the founder of Bridgewater Associates, and Google co-founder Sergey Brin have established family offices in the city-state. Family office staff need to learn on the fly — even about racehorses. Managing multiple family membersIn family offices, technical brilliance alone isn't enough to secure a role. Westall shared a story of a family office executive who started as a cleaner while he was in film school.
Persons: , Ray Dalio, Sergey Brin, Mukesh Ambani, Jack, Paul Westall, Goldman Sachs, Westall, Jimmy Soh, Soh, Pierre Pineau, that's, Pineau, Mike Campbell, there's, who's Organizations: Service, Bridgewater Associates, Google, Business, Agreus, Goldman, AP, Ivy League, Mandoga Locations: Singapore, Hong Kong, Asia, Europe
Sebastian Siemiatkowski, CEO of Klarna, speaking at a fintech event in London on Monday, April 4, 2022. Chris Ratcliffe | Bloomberg via Getty ImagesA European technology talent brain drain is the biggest risk factor facing Klarna as the Swedish payments company gets closer to its upcoming initial public offering, according to CEO Sebastian Siemiatkowski. "When we looked at the risks of the IPO, which is a number one risk in my opinion? He was referring to company risk factors, which are a common element of IPO prospectus filings. Still, when it does go public, Klarna will be among the first major fintech names to successfully debut on a stock exchange in several years.
Persons: Sebastian Siemiatkowski, Chris Ratcliffe, Siemiatkowski, , Klarna, Compensia, Klarna's, CNBC's, Goldman Sachs, Jack Dorsey's, he's, Siemiakowski, they're Organizations: Bloomberg, Getty, CNBC, Apple, Meta, PNL, Ventures, Google, U.S Locations: London, Europe, U.S, Sweden, Germany, Italy, Britain, Afterpay, American
When you’re an NFL head coach, you’re in charge of a lot of things. Brian Callahan, the first-year head coach of the Tennessee Titans, is now overseeing aspects he didn’t have to think about before as an assistant. He was head coach of the Oakland Raiders from 2002 to 2003 and the University of Nebraska from 2004 to 2007. Tennessee Titans head coach Brian Callahan. “Sometimes I’ll call them ‘Coach Bill’; sometimes I’ll call Brian ‘Coach Cally.’ I mean, whatever comes out.”Running backs coach Randy Jordan remembers getting confused early on.
Persons: you’re, Brian Callahan, Bill Callahan, , Bill, “ We’re, Brian, ” Brian, ” Bill, Cleveland, Justin Ford, , Lloyd Cushenberry, Bill ’, Brian ‘, Cally, Randy Jordan, Nick Holz, it’s, ” Holz, that’s, , It’s Organizations: NFL, Tennessee Titans, NBC News, Oakland Raiders, University of Nebraska, Cleveland Browns, Getty, The Titans, Cincinnati Bengals, Browns, National Football League, Titans
The Haitian Times, an online publication, has covered Haiti and the Haitian diaspora around the world since it was founded in 1999. Springfield, Ohio, was already on the Haitian Times’ radar well before the conspiracy theories began. The Haitian Times covered the comments aggressively — describing them as racist and false. The day after the debate, The Haitian Times published an article reporting that Haitian immigrant families in Ohio were “under attack” amid the intense swirl of false claims. Springfield’s city manager told the publication that it could not guarantee the safety of its staff, Haitian Times founder Garry Pierre-Pierre told CNN.
Persons: New York CNN — Macollvie Neel, , ” Neel, Neel, Donald Trump, JD Vance, Vance, Trump, , swatting, “ It’s, Garry Pierre, Pierre, “ I’m, ” Pierre Organizations: New, New York CNN, Haitian Times, CNN, Nazi, Facebook Locations: New York, Ohio, Haiti, Haitian, United States, South Florida, Massachusetts, Springfield , Ohio, Springfield, Springfield’s
Now, he places personal and executive assistants with CEOs, billionaires, and celebrities. Here are five things to know about billionaires, according to a billionaire whisperer. Brian Daniel worked as a personal assistant for ultra-high-net-worth clients — including members of the royal family of Saudi Arabia. "A lot of billionaires like bragging rights, where they want access to things that other people can't get access to." Advertisement"They can afford to pay the bill to have the celebrities come to their parties and be on their yachts," Daniel said.
Persons: , They're, Brian Daniel, he's, Warren Buffett, there's, Daniel, Damien Hirst, Jeff Bezos —, they're, doesn't, they've, I've, didn't Organizations: Service, Business Locations: Hollywood, Saudi Arabia, Europe
They’re not part of Expedition 71, the international crew of seven astronauts serving as the space station’s official staff. Crew-9 — a routine trip to the space station to replenish expedition staff — is currently slated to fly with four astronauts: NASA astronauts Zena Cardman, Nick Hague and Stephanie Wilson, and cosmonaut Aleksandr Gorbunov of the Russian space agency Roscosmos. NASA astronauts Suni Williams and Butch Wilmore are greeted by the crew of the International Space Station on June 6, 2024. In 2012, during an earlier trip to the International Space Station, she became the first person to finish a triathlon in space. Without a suitcaseFlying to the space station without the suitcases they had packed for their mission perhaps complicated the comfort of the Starliner astronauts’ extended stay.
Persons: Suni Williams, Butch Wilmore, , They’ve, Williams, They’re, ” Dana Weigel, “ Butch, Suni, ” Weigel, , Zena Cardman, Nick Hague, Stephanie Wilson, Aleksandr Gorbunov, Wilmore, they’ve, Sunita Williams, Frank Rubio, yearlong, , , Bill Spetch, Spetch, they’re, Ken Bowersox Organizations: CNN, Space, NASA, SpaceX, International Space Station, Boeing, SpaceX’s, International, Station, AP, Boston Marathon, Space Station, Northrop Grumman, Space Operations, Locations: Russian
When Elder Care Is All in the Stepfamily
  + stars: | 2024-08-03 | by ( Paula Span | ) www.nytimes.com   time to read: 1 min
She was leaving her office at Arizona State University, where she taught design history, to run an errand for her ailing stepfather. He had moved into a retirement community nearby after his wife, Dr. Brandt’s mother, died of cancer. As his caregiver, Dr. Brandt spoke with him daily and visited twice a week. She coordinated medical appointments, prescriptions, requests for facility staff — the endless responsibilities of maintaining a man in his 90s. Maybe she looked especially frazzled that day, she said, because a longtime colleague drew her aside with a startling question.
Persons: Beverly K, Brandt, Brandt’s, “ Beverly, , “ He’s, He’s Organizations: Arizona State University
Late on Sunday morning, Vice President Kamala Harris summoned a small clutch of her closest advisers and allies to the Naval Observatory, where she lives and works, with little notice and even less information. President Biden had informed Ms. Harris earlier that morning that he was withdrawing from the race. The vice president had assembled her team so that the exact moment Mr. Biden formally quit, at 1:46 p.m. — one minute after the president had informed his own senior staff — they were ready to go. The vice president, in sneakers and a sweatshirt, began methodically dialing Democratic power brokers. “I wasn’t going to let this day go by without you hearing from me,” Ms. Harris had said over and over, as day turned to night, according to five people who received her calls or were briefed on them.
Persons: Kamala Harris, Biden, Harris, , ” Ms Organizations: Naval Observatory
Joe Scarborough, speaking alongside co-hosts Mika Brzezinski and Willie Geist, offered viewers a peek behind the curtain into the conspicuous decision-making process that transpired over the weekend. Without “Morning Joe” airing on Monday, viewers rebelled against MSNBC, opting to change the channel, Nielsen data indicated. The move to bench the “Morning Joe” crew, after all, didn’t happen in a vacuum. Which is why, perhaps, Comcast is involved in cleaning up the “Morning Joe” mess. I’m told that the company’s president, Mike Cavanagh, rescheduled meetings on Tuesday to grapple with the fallout stemming from the “Morning Joe” commentary.
Persons: CNN — Cesar Conde, , Joe ”, Donald Trump, Joe Scarborough, Mika Brzezinski, Willie Geist, Scarborough, , Lester Holt, Savannah Guthrie, Joe, , ” Scarborough, Joe Biden, Nancy Pelosi, Conde, Trump, Brian Roberts, Roberts, ” Trump, radicalizing, Donald Trump Jr, Sarah Huckabee Sanders, it’s, I’m, Mike Cavanagh, bode Organizations: CNN, MSNBC, NBC, Group chairman’s, Nielsen, NBC News Group, Comcast, RNC, NBCU, Locations: Scarborough, Savannah, Acela
Literature has always reflected society, and as the Book Review’s survey “100 Best Books of the 21st Century” reveals, many titles on the list are intertwined with major events and trends of the young millennium. With that in mind, this beefy quiz — a group effort by several members of the Book Review’s staff — challenges you to show how closely you’ve been paying attention to books, history and pop culture the past few decades. All the questions are multiple choice, so tap or click your way down the quiz. And when you get to the end and collect your score, you'll get a list of links for related reading and other digital ephemera. Are you ready, Player One?
Persons: , you'll
Manchester United today told staff that the club is intending to cut 250 jobs as new co-owner Sir Jim Ratcliffe continues his bid to slash costs at Old Trafford. All department and levels within the club will be impacted and the club says it will not include staff at their charitable arm, the Manchester United Foundation. What power does INEOS have over how Manchester United are run? Because it is a policy change, it would have been shared across the leaders of the football club but it was not something that needed board approval to be implemented. By Dan SheldonGO DEEPER Explained: INEOS' bid to cut non-football staff at Manchester United(Marc Atkins/Getty Images)
Persons: Sir Jim Ratcliffe, Jean, Claude Blanc, INEOS, , United’s Carrington, Glazer, Dave Brailsford, Ratcliffe, Richard Arnold, Patrick Stewart, John Murtough, Cliff Baty, Ellie Norman, Victoria Timpson, Snapdragon —, Dan Ashworth, Erik, Hag, Ashworth, Jason Wilcox, Omar Berrada, Blanc, Berrada, Sir Dave Brailsford, Brentford, Dan Sheldon, Marc Atkins Organizations: Manchester United, Interim, Interpath, Manchester United Foundation ., Old, United, Getty, FA, Athletic, Newcastle United, Manchester City, Team GB, Advisory, Premier League, UEFA, League, City Football Group Locations: Old Trafford, Manchester, London, INEOS, Ratcliffe, United, European, Brailsford
Opinion | Patients Stunned by Their Medical Bills
  + stars: | 2024-06-25 | by ( ) www.nytimes.com   time to read: +1 min
How Much Could It Cost?,” by Danielle Ofri (Opinion guest essay, June 18):As a retired cardiologist, I have been railing against facility fees for years. These are significant fees (sometimes thousands of dollars) added to your doctor’s typical charges when they are employed by a hospital system, as many are these days. The rationale from the hospital or health care system, as Dr. Ofri stated, is nonsense; it is simply a way to make more money. It works like this: You see your private cardiologist in their office and have a stress test and get charged $500. The doctor usually has no idea this additional fee is being added, and the hospital system pockets the money.
Persons: Ray, Danielle Ofri, Ofri, Michael Marek Aspen Locations: Colo
Nationwide, the average yearly cost of care rose to $11,582 per child last year, according to Child Care Aware of America’s latest annual report. The basic costs of employing enough staff to comply with legal and safety requirements in child care centers are already high. The typical hourly wage for a child care worker in Wisconsin is $13.78, according to the US Bureau of Labor Statistics. Facing a “child care cliff”The historic $24 billion federal investment helped more than 225,000 providers nationwide — or more than 8 in 10 licensed child care centers — and affected as many as 10 million children. My First Adventure Child Care and Preschool serves 60 families but will close this summer.
Persons: Susan Elandt, ” Elandt, I’m, “ It’s, , Elandt, what’s, , Lydia Higgins, Higgins, ” Higgins, she’s Organizations: CNN, Nationwide, of Columbia, US Bureau of Labor Statistics, The Century Foundation Locations: Waupaca , Wisconsin, Wisconsin, Waupaca
By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewDuring a rally in Nevada on Sunday, former President Donald Trump proposed eliminating taxes on income earned from tips. It could also mean consumers — many already experiencing tipping fatigue as tipping culture pervades more industries — would be asked to tip in additional situations so workers could receive untaxed income. AdvertisementA spokesperson for the Trump campaign told BI that, if elected, Trump planned to ask Congress to eliminate taxes on tips.
Persons: , Donald Trump, Trump, it's, Joe Biden, Martha Gimbel, Gimbel, Steven, David Kamin, Obama, Kamin, Bank Organizations: Service, Wall Street, Business, Social Security, Medicare, IRS, Biden, Yale, Steven Bank, UCLA School of Law, New York University, Bank Locations: Nevada
Western-trained pilots can teach Chinese military personnel everything from air combat tactics to how to land on an aircraft carrier, according to a US official. Former western pilots — which number at least in the dozens — are training Chinese military officials who then return to China and, in turn, train more pilots there, this person said. An indictment in 2017 alleged that Duggan trained Chinese pilots while he was still a US citizen, between November 2009 and November 2012. That same month, the UK Ministry of Defense issued a security alert after several of its military pilots were also found to have been training the PLA Air Force. Last August, two US Navy sailors were arrested for allegedly sending sensitive military information to Chinese intelligence officers.
Persons: , , Michael Casey, Sabrina Singh, Adm, John Aquilino, Charles Q, Brown —, , ” Brown, Daniel Duggan, Duggan, Matt Olson Organizations: CNN, Western, Wednesday, Liberation Army, National Counterintelligence and Security Center, PLA, Pentagon, National Intelligence, ” Military, Former, US, Pacific Command, PLA Navy, PLA Air Force, , Air Force, NATO, People’s Liberation Army, Air Chiefs, US Marine, UK Ministry of Defense, Australian, Export Control, US Army, People’s Locations: China, Beijing, Taiwan, Western, Canada, Australia, New Zealand, United States, South Africa, Singapore, Laos, Australian, People’s Republic
Boeing 737 Max 8 fuselages manufactured by Spirit Aerosystems in Wichita, Kansas are transported on a BSNF train heading west over the Bozeman Pass March 12, 2019 in Bozeman, Montana. The FAA ordered the report following a near-catastrophic blowout of an airplane door panel on a new 737 Max 9 earlier this year. The FAA also barred Boeing from increasing 737 Max production until the agency was satisfied with Boeing's quality control improvements. The crisis has again tarnished Boeing's reputation, opened it to more federal scrutiny and forced it to slow 737 Max output. Boeing Chief Financial Officer Brian West last week said the company expects to burn cash this year, instead of generating cash.
Persons: Spirit Aerosystems, Dave Calhoun, Max, Mike Whitaker, Brian West, Calhoun, , West Organizations: Boeing, Max, Spirit, Federal Aviation Administration, FAA, Alaska Airlines, United, Southwest Locations: Wichita , Kansas, Bozeman, Bozeman , Montana
Opinion | Election Security, Trump-Style
  + stars: | 2024-05-30 | by ( Katherine Miller | ) www.nytimes.com   time to read: +2 min
building — are dedicated to one cause: election integrity.”She was sitting between her husband, Eric, and Jason Simmons, who is the new North Carolina G.O.P. “Election integrity,” in Donald Trump’s telling, tends to be about the past; party co-chairs like Ms. Trump usually talk about the present. The three sat onstage, motionless, as Mr. Trump talked about the border, then eventually, came to North Carolina. Theoretically, that Mr. Trump won while a Democrat won the governorship offers the best proof of all that the election was not stolen. But perhaps because to concede his own success in one place would render his failure elsewhere unbearable, Mr. Trump must instead believe that fraud took place there as well, and that Michael Whatley defeated it.
Persons: Lara Trump, Eric, Jason Simmons, Donald Trump’s, Trump, , Michael Whatley Organizations: Republican National Committee, North Carolina G.O.P, Democrat Locations: North Carolina, Greensboro, N.C, Pennsylvania, Georgia
That was the promise of Cerner, the medical-records company Oracle bought in 2021 for $28.3 billion — Oracle's biggest acquisition. At the time, Cerner managed the electronic health records for a quarter of all American hospitals, including those run by the Pentagon and the Department of Veterans Affairs. Larry EllisonCerner's electronic records, in short, were a deadly disaster for the VA. Never mind the futuristic, AI-driven healthcare system Ellison envisioned. In 2015, it beat out Epic, its main competitor, for a $4.3 billion contract to handle electronic health records for the Defense Department. It had agreed to process tens of millions of crucial medical records, but it couldn't handle the subsequent deluge of data.
Persons: Larry Ellison's, Ellison, Cerner, I'm, Larry Ellison, Neal Patterson, Cerner's, Patterson, Ellison's, they're, David Shulkin, Margaret Albaugh, Cerner couldn't, Charlie Bourg, , Larry, Marc Benioff, Ellison protégé, Mike Wilson, David Agus, oncologist, Agus, he'd, Steve Jobs, Sensei, We've, Georges De Keerle, Cerner —, hadn't, Mike Sicilia, Sicilia, Oracle, Anthony Jones Jr, Jones, Donald Remy, didn't, Seema Verma, Neil Evans, Sara Vaezy, Ed Meagher, haven't, Charlie Monroe —, it's, Charlie Bourg —, Bourg, Charlie Monroe, Monroe, Cathy McMorris Rodgers, grandkids, We're, there's Organizations: Oracle's, Oracle, Pentagon, Department of Veterans Affairs, Cerner, RAND Corporation, RAND, Big Tech, GE, Siemens, Cerner Corporation, Defense Department, Department of Defense, Business, Spokane, Ellison Institute of Technology, Microsoft, Agency, Health, Amazon, Veterans ' Affairs, Oracle Health, Navy, Columbus VA, BI, Life Sciences, Intermountain Health, UPMC, DOD, Seabees Locations: Las Vegas, antiaging, Silicon Valley, Spokane , Washington, Cerner, VistA, Bourg, Washington, Sicilia, Ohio, Columbus, Providence, Spokane, Monroe, CloudWorld
CNN —Right-wing populists are set to make unprecedented gains in the elections to the European Parliament taking place next month. Polling data suggests that far-right Members of the European Parliament (MEPs) could have enough seats to, together, block the passage of European Union legislation, creating a massive headache for the union as a whole. “For some countries, that is a six-month process, in others it can take two years,” a senior European Parliament source told CNN. Britain's Nigel Farage used his seat in the European Parliament to promote Brexit. It only becomes an issue if they are working with foreign powers to advance their agenda,” an EU security source told CNN.
Persons: Ursula von der Leyen, Yiannis Kourtoglou, Reuters “, , James Shires, you’ll, don’t, Britain's Nigel Farage, SEBASTIEN BOZON, it’s, Organizations: CNN, Parliament, European, Reuters, , Brexit, Getty, British, EU, Brussels Locations: Brussels, China, Russia, Strasbourg, AFP, Britain, Ukraine, EU, Europe
Days before Donald J. Trump became president in early 2017, a handful of advisers, officials and allies descended on his office at Trump Tower: the F.B.I. The future president, triumphant, thanked Mr. Pecker for his service. That remarkable scene was private until Thursday, when Mr. Pecker recounted it to jurors in Mr. Trump’s Manhattan criminal trial. He described in vivid detail how Mr. Trump laid bare their effort to buy and bury damaging stories that could have derailed Mr. Trump’s campaign — a plot at the center of the case. “He said, ‘I want to thank you for handling the McDougal situation,’ and then he also said, ‘I wanted to thank you for the doorman situation,’” Mr. Pecker testified Thursday.
Persons: Donald J, Trump, , David Pecker, Karen McDougal, Mr, Pecker, Trump’s, , , McDougal, Organizations: Trump, National Enquirer
Special Education, Inc.
  + stars: | 2024-04-21 | by ( Meghan Morris | ) www.businessinsider.com   time to read: +34 min
AdvertisementNate Smallwood for BITo some, private equity's business model appears antithetical to special education. (The average public school district in Pennsylvania, where New Story operates the most schools, spends about $23,000 per child across all types of public education. "Private equity has no place in education — especially special education," Sen. Sherrod Brown of Ohio told BI. For instance, two Pennsylvania education directors left in spring 2023, according to records obtained by BI — one after just months in the role. AdvertisementNickie Coomer, a Colorado College education professor who has written about the privatization of special education, told BI that this data gap is a major regulatory hole, one that private-equity companies are happy to exploit.
Persons: Emily, Sarah, Nate Smallwood, Sarah didn't, , Mergermarket, Shanon Taylor, Taylor, Sen, Sherrod Brown, Bob Casey of Pennsylvania, Casey, Paul Volosov, Volosov, Jim Grinnen, Rachel Wisniewski, Christina Spielbauer, Spielbauer, Nathaniel Garnick, Garnick, sully, Craig Richards, He's, Richards, they're, " Richards, Judith McKinney, Grinnen, Donnell McLean, McLean, Natalie Stoup, Blackstone, haven't, Biden, of Education spokespeople, Nickie, , that's, didn't, Hill, Amy Hall Kostoff, Kostoff, Green, she'd Organizations: Business, State College ,, New, BI, Audax Group, Kentucky, Pennsylvania State Employees, Schools, Audax, Rock Academy, University of Nevada, Ohio, Pennsylvania Department of Education, Rock, Reading School District, River Rock Academy, Virginia's Department of Education, Green Tree, Pay, Tree, Autism, Forbes, NBC News, Federal Trade Commission, of Education, Colorado College, Tree School, Pennsylvania's Department of Education, Pennsylvania, In State College Locations: State College , Pennsylvania, Boston, Pennsylvania, Reno, , Ohio, New Story's, Rock, Virginia, , Ohio, New Jersey , Pennsylvania, New Story's New Cumberland , Pennsylvania, CARD's Virginia, Philadelphia, Rochelle Park , New Jersey
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