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Private Equity Firm Bought My Employer

It was majority employee-owned before the acquisition but is now majority owned by private equity firm. The main change I’m noticing is that everyone is being pressured to work uncompensated overtime (we’re all on salary here) and requests for training/professional development have been all but eliminated. They also...

Private Equity–Backed Firm Bowlero Is Ruining Bowling (jacobin.com)

For the most part, Bowlero doesn’t build its own centers. Instead, it purchases existing ones and makes them over in the Bowlero style: dim lights, loud music, expensive cocktails. At Bowleros, bowling isn’t bowling. It’s “upscale entertainment.”...

Exit polls say ruling NDA expected to retain majority in Indian Parliamentary elections. (www.thehindu.com)

Following the last day of voting for the 2024 Indian Parliamentary elections, exit polls predicted that Prime Minister Narendra Modi’s National Democratic Alliance would retain its majority, winning 340 - 401 seats compared to 353 in 2019. The main opposition INDIA alliance was expected to win 109 - 169 seats, up from 91 in...

Netanyahu won’t agree to hostage release deal unless it polls well for him, Israeli families say they were told (www.nbcnews.com)

Prime Minister Benjamin Netanyahu will not agree to end the war in Gaza in exchange for the release of hostages unless opinion polls show it is politically advantageous for him, a top Israeli security official told the families of those held captive, a person in the closed-door meeting and an advocacy group said Friday. (…)...

Alzheimer’s Breakthrough: Researchers Discover Novel Way To Potentially Halt Disease Progression (scitechdaily.com)

This study focuses on the manipulation of the plexin-B1 protein to enhance the brain’s ability to clear amyloid plaques in Alzheimer’s disease, opening avenues for future therapeutic strategies to potentially halt the progression of the disease...

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