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When Billion-Dollar Non-Profits Stop Looking Like Charities
When Billion-Dollar Non-Profits Stop Looking Like Charities
Authored by Jeff Patch via RealClearMarkets,
AltaMed Health Services reported $1.72 billion in revenue in 2024, which is more than many publicly traded healthcare companies. Yet unlike a public corporation, the nonprofit entity answers to no shareholders, enjoys broad tax exemptions, and derives much of its revenue from taxpayer-supported healthcare programs.
AltaMed also reported $1.66 billion in assets and its revenues exceeded expenses by $68.4 million. It operates more than 70 clinics, employs roughly 5,000 people, and serves more than 700,000 patients throughout Southern California,...
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Mar 14, 2026 / Tyler Durden
North Korea Fires 10 Ballistic Missiles, Flexing During US Regional Drills
North Korea Fires 10 Ballistic Missiles, Flexing During US Regional Drills
It's obvious that 'wars of choice' never get launched against nuclear-armed powers, and countries like North Korea want to keep it that way, given it is already treated like a 'rogue' state by the West.
Saturday saw Pyongyang engage in more muscle-flexing, as its military fired about 10 ballistic missiles toward the eastern sea, according to South Korea's military said, staging its own show of force as the rival South conducts a joint military exercise with the United States.
Japan's Defense Ministry...
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Apr 15, 2026 / Tyler Durden
Former Brazilian Intelligence Chief Detained By ICE In Florida
Former Brazilian Intelligence Chief Detained By ICE In Florida
Authored by Charis Summers via The Epoch Times,
Alexandre Ramagem, a former chief of the Brazilian intelligence agency and a close ally of former President Jair Bolsonaro, has been detained by Immigration and Customs Enforcement (ICE) officers in Orlando, Florida.
Ramagem was chief of the ABIN intelligence agency from 2019 until 2022, when he was elected to the Chamber of Deputies, representing Bolsonaro’s Liberal Party.
In September 2025, he was sentenced to 16 years in prison for his role in an attempted coup in...
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Apr 28, 2026 / Tyler Durden
OpenAI Misses Revenue, User Targets As CFO Fears $1.5 Trillion In Commitments Can't Be Paid
OpenAI Misses Revenue, User Targets As CFO Fears $1.5 Trillion In Commitments Can't Be Paid
Earlier today, when previewing this week's earnings by the Mag 7 which account for over $10 trillion in market cap set to report Q1 results after the close on Wednesday, Goldman's Delta-One head Rich Privorotsky said that "Equities are being driven by one thing…AI spend", and warned that "it's hard not to respect the strength of the AI bid, but the velocity has been extreme. The upside surprise vs expectations has almost entirely come from AI...
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