Nation’s Biggest Hospital Landlord Suffers New Losses

Nation’s Biggest Hospital Landlord Suffers New Losses

Medical Properties Trust, the country’s largest hospital landlord, said it would record about $350 million of write-downs related to its largest tenant, which had fallen behind on its rent, and hired a well-known restructuring adviser.  MPT, which had long supported Dallas-based Steward Health Care System, said more write-downs are possible. The news, released Thursday after … Read more

Welcome to COP28, the U.N. Climate Conference Hosted by an Oil Giant

Welcome to COP28, the U.N. Climate Conference Hosted by an Oil Giant

Listen to article (2 minutes) Dubai, a desert city known for private jets, giant yachts and other symbols of carbon-heavy high living, is an awkward location for a conference on climate change. It’s hardly a surprise that the man in charge also runs the national oil company.  Hosting the United Nations’ annual climate confab—known as … Read more