A new federal program offers hefty payments to small hospitals at risk of closing. But it comes with a bewildering requirement: to end all inpatient care.
Category: Shutdowns (Institutional)
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A Rural Hospital’s Excruciating Choice: $3.2 Million a Year or Inpatient Care?
The New York Times – Business: -
A Long Road to Renewal for Former Military Bases
The New York Times – Business:Closed defense sites are like snowflakes in that no two are alike. The efforts to redevelop two New Jersey forts show the obstacles to revitalization.
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China Eases ‘Zero Covid’ Restrictions in Victory for Protesters
The New York Times – Business:Beijing’s costly policy of lockdowns has pummeled the world’s second-largest economy and set off mass public protests that were a rare challenge to China’s leader, Xi Jinping.
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Small Investors Who Jumped Into Crypto on FTX Say, Now What?
The New York Times – Business:Many small investors who piled into cryptocurrencies on FTX, BlockFi and other platforms are recognizing the perils of investing in an unregulated industry.
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Russia’s Economy Is Threatened by War and Sanctions
The New York Times – Business:While Russia’s economy has not collapsed, an exodus of Western companies is eroding hard-won progress, and experts say the worst may be yet to come.
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The Week in Business: Upheaval in China
The New York Times – Business:The labor market showed continued resilience. President Biden signed legislation averting a rail strike. And a near-total embargo on Russian oil takes effect.
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China Protests Over ‘Zero Covid’ Follow Months of Economic Pain
The New York Times – Business:President Xi Jinping’s unbending approach to the pandemic has hurt businesses and strangled growth, squeezing the world’s second-largest economy.
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‘No Cooperation’: How Sam Bankman-Fried Tried to Cling to FTX
The New York Times – Business:Emails and text messages show how lawyers and executives struggled to persuade the 30-year-old entrepreneur to give up control of his collapsing crypto exchange.
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Caroline Ellison Was a Little-Known Crypto Trader. Then FTX Collapsed.
The New York Times – Business:Caroline Ellison, who ran the cryptocurrency trading firm Alameda Research, has found herself at the center of Sam Bankman-Fried’s collapsed crypto empire.
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US Approves Aid to Extend Life of California Nuclear Plant
The New York Times – Business:The Energy Department’s grant of $1.1 billion is the latest step that could keep the reactor in operation beyond its scheduled shutdown in 2025.
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Redfin, the Online Real Estate Broker, Lays Off 13% of Its Staff
The New York Times – Business:The company also said it was shuttering RedfinNow, its home-flipping service, as concerns grow about a slowdown in the housing market.