Finance Companies Target Exonerated Prisoners With High Interest Advances

Many former prisoners are broke until state settlements arrive. Tiding them over has become a niche market for finance firms. An investment can reap 33 percent interest.

#blackstone-group-the, #credit-and-debt, #false-arrests-convictions-and-imprisonments, #national-registry-of-exonerations, #new-york-state, #private-equity

The New York Times 12:50 pm on November 16, 2022
Tags: Alameda Research LLC ( 34 ), Alphabet Inc ( 81 ), Bankman-Fried, Sam ( 112 ), Biden, Joseph R Jr ( 6,128 ), Blackstone Group, The, BlockFi Inc ( 8 ), Club for Growth ( 14 ), DeSantis, Ron ( 357 ), Elections ( 1,107 ), Estee Lauder Companies Inc ( 8 ), Fashion and Apparel ( 854 ), Griffin, Kenneth C ( 6 ), HK FTX Trading Ltd (Futures Exchange) ( 97 ), Midterm Elections (2022) ( 1,133 ), Murdoch, Rupert ( 57 ), Presidential Election of 2024 ( 360 ), Schwarzman, Stephen A ( 12 ), Trump, Donald J ( 7,564 ), Twitter ( 1,284 ), Weisselberg, Allen ( 44 )

Big Donors Like Steve Schwarzman Back Away From Donald Trump

Deep-pocketed conservatives, including Stephen A. Schwarzman and Kenneth C. Griffin, said they plan to back alternatives to the former president.

#alameda-research-llc, #alphabet-inc, #bankman-fried-sam, #biden-joseph-r-jr, #blackstone-group-the, #blockfi-inc, #club-for-growth, #desantis-ron, #elections, #estee-lauder-companies-inc, #fashion-and-apparel, #griffin-kenneth-c, #hk-ftx-trading-ltd-futures-exchange, #midterm-elections-2022, #murdoch-rupert, #presidential-election-of-2024, #schwarzman-stephen-a, #trump-donald-j, #twitter, #weisselberg-allen

The New York Times 6:13 pm on November 3, 2022
Tags: Blackstone Group, The, Carbon Capture and Sequestration ( 63 ), Clean Air Task Force, Global Warming ( 1,951 ), hydrogen ( 45 ), Inflation Reduction Act of 2022 ( 116 ), Natural Gas ( 318 ), New Mexico ( 102 ), Tallgrass Energy, Tax Credits, Deductions and Exemptions ( 201 ), United States Politics and Government ( 11,248 )

Clean Energy Tax Break Draws Scrutiny of Natural Gas Plan in New Mexico

A defunct New Mexico coal plant would be revamped with the help of subsidies authorized by the new climate legislation, but a plan to rely on natural gas converted into hydrogen has generated criticism.

#blackstone-group-the, #carbon-capture-and-sequestration, #clean-air-task-force, #global-warming, #hydrogen, #inflation-reduction-act-of-2022, #natural-gas, #new-mexico, #tallgrass-energy, #tax-credits-deductions-and-exemptions, #united-states-politics-and-government

The New York Times 12:09 pm on November 1, 2022
Tags: Agrawal, Parag ( 24 ), Alwaleed bin Talal ( 2 ), Blackstone Group, The, Deutsche Bank AG ( 28 ), Dorsey, Jack ( 68 ), Emerson Electric Company, Executive Compensation ( 77 ), Isaacson, Walter ( 8 ), Musk Elon ( 415 ), Social Media ( 2,841 ), Twitter ( 1,284 )

Elon Musk and Twitter Executives May Still Fight in Court

Disputes over compensation and firings, and potentially over layoffs, could push both sides into fresh legal battles.

#agrawal-parag, #alwaleed-bin-talal, #blackstone-group-the, #deutsche-bank-ag, #dorsey-jack, #emerson-electric-company, #executive-compensation, #isaacson-walter, #musk-elon, #social-media, #twitter

The New York Times 12:14 pm on June 16, 2022
Tags: Abbott Laboratories ( 35 ), Appointments and Executive Changes ( 1,145 ), ARM Holdings PLC ( 5 ), Artificial Intelligence ( 1,417 ), Biden, Joseph R Jr ( 6,128 ), Blackstone Group, The, Celsius Network LLC ( 3 ), Citigroup Inc ( 50 ), Computers and the Internet ( 2,256 ), Crown Resorts Ltd, Environmental Protection Agency ( 198 ), Federal Reserve System ( 576 ), Infant Formulas ( 44 ), Interest Rates ( 466 ), internal-storyline-no ( 573 ), Layoffs and Job Reductions ( 586 ), Musk Elon ( 415 ), Regulation and Deregulation of Industry ( 839 ), Relocation of Business ( 84 ), Social Media ( 2,841 ), United States ( 4,473 ), Workplace Hazards and Violations ( 626 )

Musk to Attend Twitter All-Hands Meeting

Musk will attend a virtual all-hands meeting as his $44 billion acquisition of the company moves ahead, despite his hand-wringing about bots.

#abbott-laboratories, #appointments-and-executive-changes, #arm-holdings-plc, #artificial-intelligence, #biden-joseph-r-jr, #blackstone-group-the, #celsius-network-llc, #citigroup-inc, #computers-and-the-internet, #crown-resorts-ltd, #environmental-protection-agency, #federal-reserve-system, #infant-formulas, #interest-rates, #internal-storyline-no, #layoffs-and-job-reductions, #musk-elon, #regulation-and-deregulation-of-industry, #relocation-of-business, #social-media, #united-states, #workplace-hazards-and-violations

The New York Times 3:55 pm on March 10, 2022
Tags: Apollo Global Management ( 25 ), Banking and Financial Institutions ( 774 ), Blackstone Group, The, Carlyle Group LP ( 10 ), KKR&Co LP ( 2 ), Mergers, Acquisitions and Divestitures ( 386 ), Private Equity ( 404 ), Regulation and Deregulation of Industry ( 839 ), TPG Capital ( 9 )

Private Equity Is the New Financial Supermarket

Private-equity firms were once niche players serving big clients. Now they’re trying to be everything to everyone.

#apollo-global-management, #banking-and-financial-institutions, #blackstone-group-the, #carlyle-group-lp, #kkrco-lp, #mergers-acquisitions-and-divestitures, #private-equity, #regulation-and-deregulation-of-industry, #tpg-capital

The New York Times 7:52 pm on January 31, 2022
Tags: Abbott, Gregory W (1957- ) ( 197 ), Blackstone Group, The, Coronavirus (2019-nCoV) ( 14,064 ), Coronavirus Return to Office ( 101 ), DeSantis, Ron ( 357 ), Hewlett Packard Enterprise Company ( 4 ), Labor and Jobs ( 1,977 ), Norwegian Cruise Line ( 6 ), Politics and Government ( 5,549 ), Related Cos ( 13 ), Vaccination and Immunization ( 2,604 ), Vaccination Proof and Immunization Records ( 86 ), Workplace Hazards and Violations ( 626 )

How Businesses in Texas and Florida Wrestle With States’ Vaccine Backlash

With the Biden administration’s attempt to impose a national standard blocked, companies must navigate a thicket of local rules as they try to return employees to the workplace.

#abbott-gregory-w-1957, #blackstone-group-the, #coronavirus-2019-ncov, #coronavirus-return-to-office, #desantis-ron, #hewlett-packard-enterprise-company, #labor-and-jobs, #norwegian-cruise-line, #politics-and-government, #related-cos, #vaccination-and-immunization, #vaccination-proof-and-immunization-records, #workplace-hazards-and-violations

The New York Times 3:28 pm on October 28, 2021
Tags: Blackstone Group, The, Coronavirus (2019-nCoV) ( 14,064 ), Goldman Sachs Group Inc ( 95 ), middle east ( 160 ), Middle East Institute ( 2 ), Mohammed bin Salman (1985- ) ( 129 ), Newcastle United (Soccer Team) ( 10 ), Politics and Government ( 5,549 ), Private Equity ( 404 ), Riyadh (Saudi Arabia) ( 16 ), Rumayyan, Yasir al- ( 4 ), Saudi Arabia ( 260 ), Soccer ( 662 ), Sovereign Wealth Funds ( 15 ), Vaccination and Immunization ( 2,604 )

Saudi Finance Official Is Missing From Conference He Hosts

The unexplained absence of Yasir al-Rumayyan, who oversees the kingdom’s sovereign wealth fund, has highlighted concerns about a lack of transparency.

#blackstone-group-the, #coronavirus-2019-ncov, #goldman-sachs-group-inc, #middle-east, #middle-east-institute, #mohammed-bin-salman-1985, #newcastle-united-soccer-team, #politics-and-government, #private-equity, #riyadh-saudi-arabia, #rumayyan-yasir-al, #saudi-arabia, #soccer, #sovereign-wealth-funds, #vaccination-and-immunization

The New York Times 8:40 pm on October 13, 2021
Tags: Blackstone Group, The, Discrimination ( 1,686 ), Great Britain ( 1,325 ), Privacy ( 900 ), Vaccination and Immunization ( 2,604 ), Vaccination Proof and Immunization Records ( 86 ), Workplace Environment ( 410 ), Workplace Hazards and Violations ( 626 )

Blackstone in London Sets Vaccine Rule to Work in Office

Starting next week, the American private equity firm will take a more forceful approach to vaccines than many other firms in Britain.

#blackstone-group-the, #discrimination, #great-britain, #privacy, #vaccination-and-immunization, #vaccination-proof-and-immunization-records, #workplace-environment, #workplace-hazards-and-violations

The New York Times 7:08 pm on June 17, 2021
Tags: Beijing (China) ( 143 ), Blackstone Group, The, China ( 2,743 ), Communist Party of China ( 394 ), Content Type: Personal Profile ( 2,937 ), Economic Conditions and Trends ( 1,004 ), Mergers, Acquisitions and Divestitures ( 386 ), Pan Shiyi (1963- ), Politics and Government ( 5,549 ), Real Estate (Commercial) ( 270 ), Shanghai (China) ( 77 ), SOHO China ( 2 ), Xi Jinping ( 525 ), Zhang Xin (1965- )

Soho China Sells to Blackstone, Cementing Owners’ Exit

The husband-and-wife team atop Soho China had already been keeping a lower profile than they did during an earlier, freer era of the country’s economic revival. Now they are selling their real estate business to Blackstone.

#beijing-china, #blackstone-group-the, #china, #communist-party-of-china, #content-type-personal-profile, #economic-conditions-and-trends, #mergers-acquisitions-and-divestitures, #pan-shiyi-1963, #politics-and-government, #real-estate-commercial, #shanghai-china, #soho-china, #xi-jinping, #zhang-xin-1965

The New York Times 9:00 am on June 12, 2021
Tags: Apollo Global Management ( 25 ), Bain Capital ( 14 ), Biden, Joseph R Jr ( 6,128 ), Blackstone Group, The, Capital Gains Tax ( 33 ), Carlyle Group LP ( 10 ), Federal Taxes (US) ( 331 ), Government Accountability Office ( 22 ), High Net Worth Individuals ( 276 ), Income Inequality ( 567 ), Income Tax ( 185 ), Internal Revenue Service ( 147 ), KIRKLAND&ELLIS ( 3 ), KKR&Co LP ( 2 ), Mnuchin, Steven T ( 110 ), Private Equity ( 404 ), Rettig, Charles P ( 11 ), Schwarzman, Stephen A ( 12 ), Tax Cuts and Jobs Act (2017) ( 74 ), Tax Evasion ( 105 ), Tax Shelters ( 58 ), TPG Capital ( 9 ), Treasury Department ( 243 ), Trump, Donald J ( 7,564 ), United States Politics and Government ( 11,248 ), Whistle-Blowers ( 79 )

How Private Equity Firms Avoid Taxes

The I.R.S. almost never audits private equity firms, even as whistle-blowers have filed claims alleging illegal tax avoidance.

#apollo-global-management, #bain-capital, #biden-joseph-r-jr, #blackstone-group-the, #capital-gains-tax, #carlyle-group-lp, #federal-taxes-us, #government-accountability-office, #high-net-worth-individuals, #income-inequality, #income-tax, #internal-revenue-service, #kirklandellis, #kkrco-lp, #mnuchin-steven-t, #private-equity, #rettig-charles-p, #schwarzman-stephen-a, #tax-cuts-and-jobs-act-2017, #tax-evasion, #tax-shelters, #tpg-capital, #treasury-department, #trump-donald-j, #united-states-politics-and-government, #whistle-blowers

The New York Times 9:00 am on May 18, 2021
Tags: Blackstone Group, The, China Resources Holdings, Dairy Products ( 29 ), Initial Public Offerings ( 75 ), Milk ( 22 ), Nestle SA ( 5 ), Oatly Inc ( 2 ), Peas ( 5 ), Private Equity ( 404 ), Schwarzman, Stephen A ( 12 ), Sweden ( 130 ), Veganism ( 40 )

Oatly, a Maker of Oat Milk, Is About to Have Its IPO

Oatly, maker of dairy alternatives, could be worth $10 billion when it lists on the stock market this week. The share sale is a barometer of changing consumer preferences.

#blackstone-group-the, #china-resources-holdings, #dairy-products, #initial-public-offerings, #milk, #nestle-sa, #oatly-inc, #peas, #private-equity, #schwarzman-stephen-a, #sweden, #veganism