Truthout
Private Equity
Data Centers Devour Electricity. Private Equity Is Buying Utilities to Cash In.
The seizure of public utilities for the sake of profit may lead to a disaster for consumers — and the planet.
Trump’s White House Ballroom Is Being Bankrolled by Genocide and ICE Profiteers
The ballroom donor list also includes Wall Street and cryptocurrency firms that benefit from the president’s agenda.
As Federal Action Stalls, States Aim to Curb Private Equity Greed in Health Care
Research shows that private equity acquisitions raise costs and can lead to deterioration in patient care.
23 Unions Plan to Strike Together If Kaiser Fails to Address Workplace Crises
Overworked and understaffed, over 45,000 health care workers at Kaiser Permanente are poised to strike.
Tenants Launch US’s First Ever Rent Debt Strike Against Corporate Landlord
Nine tenants organized by the Debt Collective are refusing to pay back rent, hoping to inspire others to do the same.
Private Equity Firms See Psychiatric Hospitals as Profit Opportunities
As for-profit corporations buy up psychiatric hospitals, some flout federal law with scarce repercussions.
What Trump’s Executive Order on 401(K)s Means for Workers Who Hope to Retire
More workers may lose their hard-won retirement savings now that Trump has pushed them toward crypto and private equity.
Chicago Hospital’s Closure Is a Canary in Coal Mine for Corporatized Health Care
The August shuttering of Weiss Memorial Hospital is just the latest casualty of private equity-backed hospital closures.
As Private Equity Comes for the Utility Sector, Minnesota Is a Test Case
An administrative law judge has issued a report siding with opponents of BlackRock’s acquisition of an electric utility.
When Private Equity Firms Acquire Dental Practices, Patients Pay the Price
In 2024, the dental industry witnessed 161 private equity deals — the highest number of any health care industry.