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Business & Finance

4 Reasons Why Today’s New Private Schools Are Different

Shiren Rattigan is the founder of Colossal Academy in Fort Lauderdale. Kerry McDonald Many traditional, long-established private schools remain financially out of reach for most American families. For example, The Boston Globe recently reported that “most top private schools in Massachusetts cost between $40,000 and $70,000 a year,” with some even higher than that. Now, […]

Business & Finance

Private equity to lobby Trump as industry seeks to tap retirement funds

This article is an on-site version of our FirstFT newsletter. Subscribers can sign up to our Asia, Europe/Africa or Americas edition to get the newsletter delivered every weekday morning. Explore all of our newsletters here Today’s agenda: Funding the cost of going green; hard-nosed Chinese VC tactics; Austria’s political crisis; Saudi Arabia’s infrastructure challenge; and […]

Technology

Siri “unintentionally” recorded private convos; Apple agrees to pay $95M

Apple has agreed to pay $95 million to settle a lawsuit alleging that its voice assistant Siri routinely recorded private conversations that were then shared with third parties and used for targeted ads. In the proposed class-action settlement—which comes after five years of litigation—Apple admitted to no wrongdoing. Instead, the settlement refers to “unintentional” Siri […]

Business & Finance

Private equity groups unable to sell or list China-based portfolio companies

This article is an on-site version of our FirstFT newsletter. Subscribers can sign up to our Asia, Europe/Africa or Americas edition to get the newsletter delivered every weekday morning. Explore all of our newsletters here Today’s agenda: France’s new finance minister; UK housebuilding slump; EU’s stored gas usage; Mozambique political turmoil; and love lost for […]

World News

Private plane crash in Brazil kills pilot and his family

Reuters Ten members of a family have died after a private plane crashed into the city of Gramado in southern Brazil. Brazilian businessman Luiz Claudio Galeazzi, who was piloting the plane, was killed in the crash alongside his wife, three daughters and other family members, a statement from his company said. The small plane reportedly […]

Politics

Trump Spills On Private Talk With Prince William

President-elect Donald Trump has revealed what was talked about during what he described as a “great” private chat with Prince William while in Paris, France, for the reopening of the Notre Dame Cathedral. “I asked him about his wife and he said she’s doing well,” Trump told The New York Post. “And I asked him […]

Weather

Taxpayers spend 22% more per patient to support Medicare Advantage – the private alternative to Medicare that promised to cost less

Medicare Advantage – the commercial alternative to traditional Medicare – is drawing down federal health care funds, costing taxpayers an extra 22% per enrollee to the tune of US$83 billion a year. Medicare Advantage, also known as Part C, was supposed to save the government money. The competition among private insurance companies, and with traditional […]

Entertainment

‘Saving Private Ryan’ Actor Barry Pepper Signs With Paradigm

Actor and producer Barry Pepper has signed with Paradigm Talent Agency for full representation. Pepper is best known for his role as Private Jackson in Steven Spielberg’s Saving Private Ryan. He most recently starred opposite Sam Neill in the crime thriller feature, Bring Him to Medirected by Luke Spark, and in Taylor Sheridan’s Paramount+ limited […]