Exploring the Business of TrumpStay up to date with about WNYC and ProPublica’s investigations into the president’s business practices.This story was co-published with WNYC.On May 12, after a six-week delay caused by the pandemic, the U.S. Supreme Court will hear arguments in the epic battle by congressional committees and New York prosecutors to pry loose eight years of President Donald Trump’s tax returns.Much about the case is without precedent. Oral arguments will be publicly broadcast on live audio. The nine justices and opposing lawyers will debate the issues remotely, from their...…Exploring the Business of TrumpStay up to date with about WNYC and ProPublica’s investigations into the president’s business practices.This story was co-published with WNYC.On May 12, after a six-week delay caused by the pandemic, the U.S. Supreme Court will hear arguments in the epic battle by congressional committees and New York prosecutors to pry loose eight years of President Donald Trump’s tax returns.Much about the case is without precedent. Oral arguments will be publicly broadcast on live audio. The nine justices and opposing lawyers will debate the issues remotely, from their...WW…

ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive as soon as they’re published.In a David-and-Goliath battle, a group of Rhode Island officials and a union for hospital workers have so far stymied a multi-billion-dollar private equity fund’s attempt to unload its controlling stake in a national for-profit hospital chain. Investors led by the private equity firm, Leonard Green & Partners, previously extracted $645 million in dividends from the investment, and the firm now seeks to leave behind another $1.3 billion in financial obligations at the...…ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive as soon as they’re published.In a David-and-Goliath battle, a group of Rhode Island officials and a union for hospital workers have so far stymied a multi-billion-dollar private equity fund’s attempt to unload its controlling stake in a national for-profit hospital chain. Investors led by the private equity firm, Leonard Green & Partners, previously extracted $645 million in dividends from the investment, and the firm now seeks to leave behind another $1.3 billion in financial obligations at the...WW…

ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive as soon as they’re published.As America struggles to assess the damage from the devastating SolarWinds cyberattack discovered in December, ProPublica has learned of a promising defense that could shore up the vulnerability the hackers exploited: a system the federal government funded but has never required its vendors to use.The massive breach, which U.S. intelligence agencies say was “,” penetrated the computer systems of critical federal agencies, including the Department of Homeland Security, the...…ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive as soon as they’re published.As America struggles to assess the damage from the devastating SolarWinds cyberattack discovered in December, ProPublica has learned of a promising defense that could shore up the vulnerability the hackers exploited: a system the federal government funded but has never required its vendors to use.The massive breach, which U.S. intelligence agencies say was “,” penetrated the computer systems of critical federal agencies, including the Department of Homeland Security, the...WW…

ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive as soon as they’re published.In the decade since Leonard Green & Partners, a private equity firm based in Los Angeles, bought control of a hospital company named Prospect Medical Holdings for $205 million, the owners have done handsomely.Leonard Green extracted $400 million in dividends and fees for itself and investors in its fund — not from profits, but by loading up the company with debt. Prospect CEO Sam Lee, who owns about 20% of the chain, made $128 million while expanding the company from...…ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive as soon as they’re published.In the decade since Leonard Green & Partners, a private equity firm based in Los Angeles, bought control of a hospital company named Prospect Medical Holdings for $205 million, the owners have done handsomely.Leonard Green extracted $400 million in dividends and fees for itself and investors in its fund — not from profits, but by loading up the company with debt. Prospect CEO Sam Lee, who owns about 20% of the chain, made $128 million while expanding the company from...WW…