Latest news with #Patrick
Buzz Feed
a day ago
- Entertainment
- Buzz Feed
How Jason Isaacs Misjudged Patrick Schwarzenegger
It's no secret that there's a bit of a negative implication that comes with being a nepo baby in Hollywood. And so, when Jason Isaacs found out that he'd be working with Patrick Schwarzenegger on The White Lotus, he was a little apprehensive. If the last name wasn't enough of a giveaway, Patrick is the eldest son of Hollywood icon-turned-politician and businessperson Arnold Schwarzenegger and journalist, author, and Kennedy family member, Maria Shriver. On Season 3 of The White Lotus, Jason played the wealthy but troubled patriarch of the Ratliff family, Timothy, and Patrick played Saxon, the eldest of his three children. During a recent appearance on the Table Manners podcast, Jason revealed that he and his onscreen kids from the series got pretty close over the course of the seven months they spent shooting in Thailand. 'You know who I charmed up with? It's my kids. Patrick, Sam [Nivola], Sarah Catherine [Hook], became like my kids, you know, by proxy, and I fell madly in love with them,' he said when asked about who he was closest to in the cast. After revealing that he and his White Lotus kids still 'text each other all the time,' Jason admitted he misjudged Patrick before they bonded. 'I didn't expect Patrick to be nice because he's the son of a famous movie star,' he said, 'and he's such a fabulous, grounded person.' Funnily enough, I don't think Jason was the only person to be pleasantly surprised by Patrick. When The White Lotus Season 3 first premiered in February, the 31-year-old copped some criticism for his questionable comments on nepotism during an interview with the Sunday Times. However, within just a few weeks, he'd won himself a new legion of fans and was hailed as one of the standout performers on the series. Notably, Jason was one of the people to publicly defend Patrick amid all the nepotism backlash, calling him 'one of the nicest, most grounded, humble, lovely people' he'd ever met. 'He knows exactly who his dad is, and he loves him for what he is,' he said during a Virgin Radio interview in March. 'But he knows who he is, he's not blinded to his faults as well. He's just a really wonderful young man.' What a sweet duo! You can find Jason's full Table Manners episode here.
Fast Company
a day ago
- Business
- Fast Company
Walgreens buyout could change the future of pharmacy care
Pharmacies are more than just stores. They're vital links between people and their healthcare. One of us, Patrick, witnessed this firsthand in 2003 while working as a pharmacy technician at Walgreens in a midsize West Texas town. Each day involved handling hundreds of prescriptions as they moved through the system—meticulously counting pills, deciphering doctors' handwriting, and sorting out confusing insurance issues. The experience revealed that how pharmacies are owned and managed is as much a public health issue as it is a financial one. Fast-forward to today, and Walgreens—one of the world's largest pharmacy chains, which filled nearly 800 million U.S. prescriptions in 2024 —is at a turning point. In March, the company announced it would be acquired by private equity firm Sycamore Partners for $10 billion, just 10% of its peak market value. That deal takes the storied pharmacy chain off the public market for the first time in nearly 100 years. We're professors who study the intersection of medicine and business, and we think this deal offers a window into the future of pharmacy care. It matters not just to pharmacists but also to the tens of millions of Americans who rely on outlets like Walgreens to meet their everyday health needs. The rise and struggles of Walgreens A lot has changed in the pharmacy industry since 1901, when Charles R. Walgreen Sr. purchased the Chicago drugstore where he served as a pharmacist. The company went public in 1927, expanded rapidly throughout the 20th century and grew to 8,000 stores by 2013. By 2014, a merger with the European pharmacy chain Alliance Boots made Walgreens one of the largest pharmacy chains in the world. More recently, however, the picture for the pharmacy industry hasn't been so rosy. Labor costs have risen. Front-end retail sales (things like snacks, greeting cards, and cosmetics) have fallen. And financial pressures from pharmacy benefit managers —those third-party groups that manage the cost of prescription drug benefits on the behalf of insurers—have grown. All of these things have significantly constrained revenues across the industry, leading stores to shutter. Some estimates suggest that as many as one-third of U.S. retail pharmacies have closed since 2010. Against that backdrop, Sycamore Partners' March acquisition of Walgreens raises big questions. What does Sycamore see in this investment, and what might their strategies imply about the future of American pharmacy care? Framing the private equity bet Private equity firms typically buy companies, streamline their operations, and seek to sell them for a profit within five to seven years of the acquisition. This growing movement of private equity into the global economy is by no means limited to healthcare. In 2020, private equity firms employed 11.7 million U.S. workers, or about 7% of the country's total workforce. The total assets under management by such investors have grown by over 11% annually over the past two decades, a trend that's expected to continue. In looking at Walgreens, Sycamore, like many of these businesses, likely sees an opportunity to buy low, cut costs and improve profitability. One survey of private equity investors found that the most common self-reported sources of value creation in these deals for companies of Sycamore's size were changing the product and marketing it more robustly to drive demand, changing incentives for those within the business, and facilitating a high-value exit. While private owners may have more patience than public markets, critics argue that private equity firms tend to have a short-term focus, looking for quick, predictable services of margin improvement—like, for example, cutting jobs. There's some evidence in favor of that claim. One study found that employment often drops in the years following a private equity buyout. And if the focus shifts to repaying debt or prepping for resale, long-term projects, such as investing in future innovation, can get deprioritized. The history of privatized public companies offers a mix of successes and failures. Dell Technologies and hotel chain Hilton are two prominent examples of companies that went private, restructured successfully, and came back stronger. In those cases, going private helped management focus without the constant pressure of quarterly earnings reports. On the other hand, companies such as Toys R Us, which was taken private in 2005 and filed for bankruptcy in 2018, show how high debt and missed innovation can lead to collapse. What's next for Walgreens If part of the returns will be driven by 'buying low' (the easiest indicator of potential future success to measure as of today) Sycamore started well: Its purchase price represents a mere 8% premium over the market trading value on the day of the announcement, significantly less than the 46% seen across industries in 2023. That said, Sycamore financed 83.4% of the purchase with debt, a number on the high end for these kinds of transactions. Healthcare groups have pointed to this number while raising concerns that innovation-focused investments may take a back seat to debt obligations. As the dust settles on the purchase, Sycamore has indicated an interest in splitting Walgreens into three business units: one focused on U.S. pharmacies, one on U.K. pharmacies, and one on U.S. primary healthcare through its VillageMD subsidiary. That's not unusual: Sycamore has used a similar approach before with its investment in the office supply retailer Staples, a strategy that has garnered strong financial returns but been called into question for its long-term sustainability. Given the significant financial challenges VillageMD has faced since its acquisition by Walgreens, this represents an opportunity to separately evaluate and optimize its performance. Meanwhile, Sycamore's historic focus on retail and customer-focused businesses might help it modernize the in-store experience or optimize staffing. For more than a century, Walgreens has survived and adapted to sweeping changes in retail. Now, it's entering a new chapter—one that could reshape not just its own future but the role of pharmacies in American life. Will Sycamore help Walgreens thrive, using its resources to strengthen services and deliver more value to customers? Or will pressure to generate quick returns create problems? Either way, the answer matters—not just for investors but for anyone who's ever relied on their neighborhood pharmacy to stay healthy.
Time of India
a day ago
- Entertainment
- Time of India
Jason Isaacs admits he misjudged Patrick Schwarzenegger before bonding on 'The White Lotus' set
Picture Credit: Facebook Actor Jason Isaacs revealed his idea of his 'The White Lotus' co-star Patrick Schwarzenegger and it turned out to be wrong. Isaacs appeared on the latest edition of Table Manners with Jessie and Lennie Ware, during which he discussed his fellow actor, who is the son of Arnold Schwarzenegger and Maria Shriver . "You know who I charmed up with? It's my kids. Patrick (Schwarzenegger), Sam (Nivola), Sarah Catherine (Hook), became like my kids, you know, by proxy, and I fell madly in love with them. We text each other all the time," Isaacs said of the actors who played his onscreen children. The three are what Isaacs, who played Timothy Ratliff in the show, calls "gorgeous people," "I didn't expect Patrick to be nice because he's the son of a famous movie star, and he's such a fabulous, grounded person. And all three of them," said Isaacs, who noted that he also became friends with Christian Friedel and Jon Gries. Patrick joined season 3 of 'The White Lotus' as Saxson Ratliff, the eldest child of Timothy and Victoria (Parker Posey), who works for his father's company. "To work with (series creator) Mike White and just to be part of this project was a dream come true," he told E! News in November 2024. "It was surreal, it was life-changing to learn amongst the other actors." by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch vàng CFDs với mức chênh lệch giá thấp nhất IC Markets Đăng ký Undo When Patrick was first announced as part of the cast for season 3, his mother, 69, couldn't help but share her excitement on Instagram, noting that "all that hard work and determination is really paying off." "I can't wait to visit you on set ( am I allowed to visit you on set?) and can't wait to get all the spoilers from you (you will tell me, right? I am your mother after all!) Wow, wow, wow! See you at the White Lotus! #proudmomalert," added Shriver in her sweet message. Check out our list of the latest Hindi , English , Tamil , Telugu , Malayalam , and Kannada movies . Don't miss our picks for the best Hindi movies , best Tamil movies, and best Telugu films .
Irish Independent
2 days ago
- Science
- Irish Independent
‘If you were their dad, you'd never shut up about them': how Stripe founders Patrick and John Collison came full circle
As the billionaires' firm was announced as sponsors of the Young Scientist competition that catapulted Patrick into the limelight, John Meagher charts the brothers' remarkable rise It was January 2005, and the Irish Independent's headline declared 16-year-old Patrick Collison 'the smartest redhead in Ireland'. He had just won the Esat BT Young Scientist of the Year, 12 months after finishing a runner-up in the competition.
Metro
2 days ago
- Entertainment
- Metro
After a bad breakup two years ago, my boyfriend and I are trying again
Welcome to How I Do It, the series in which we give you a seven-day sneak peek into the sex life of a stranger. This week we hear from Olivia*, a 33-year-old marketing manager in London, who has sex about four times a week. She's back with her ex, Patrick*, who she split up with two years ago. The pair hadn't spoken since, until a chance meeting brought them back together. 'We split because we didn't properly communicate and ended up having resentment towards each other,' Olivia says. 'I was struggling with my mental health which I now know is premenstrual dysphoric disorder, and I put a lot of pressure on him to be there for me.' After bumping into each other on the overground, Patrick texted Olivia later that evening and suggested dinner. They met up the very next day and decided to give their relationship another go. 'The last thing I want is a situationship with my ex, so we had a big discussion about what we want from each other and how to make it work this time around,' she adds. While they're in they're back in the honeymoon phase, it hasn't been without some minor hiccups — but they know that, this time, they want to be together for good. Without further ado, here's how Olivia got on this week… The following sex diary is, as you might imagine, not safe for work . Love reading juicy stories like this? Need some tips for how to spice things up in the bedroom? Sign up to The Hook-Up and we'll slide into your inbox every week with all the latest sex and dating stories from Metro. We can't wait for you to join us! I spent the night at Patrick's yesterday. We start off the day with a lie in and wake up for morning sex. I've accidentally bled a bit, so we strip the sheets and pop them in the wash. I notice an old blood stain on his mattress – which definitely wasn't there the last time we dated. For a second I get an icky feeling in my stomach thinking of him with another girl… and then remember we were broken up for two years, and force myself to quickly move on. I know that Patrick noticed me notice the blood stain and was about to say something about it when I changed the topic. We both (usually) work from home so I set up at his dining table and he works from his desk. I'm in the middle of a Zoom meeting when Patrick crawls under the dining table and starts to go down on me – we used to do this all the time, and I'm quickly reminded of why I loved it so much. Thankfully I've done all the talking I need to do so I'm muted. I'm trying my best to not let it show on my face, but have to quickly turn off my camera. We end up having a quickie on the couch and I jump back on my Zoom call to say goodbye to everyone, pretending as if I haven't just come while they brainstormed the next campaign. I have a late start to the work day since my boss is in Brazil and Patrick's clients are in town, which means he has a full night of schmoozing ahead of him. When we wake up, we haven't even spoken a word to each other when I feel Patrick's hand on my thigh. We make the most of our altered work day with a few rounds of sex and an hour of pillow talk. We say how much we've missed one another, laugh about inside jokes from when we were first together, and catch up with what we've missed out on when we were broken up. We're both going to therapy now and feel like we're in a better place where we can show up for each other, as well as ourselves. The sex is great, but the emotional intimacy is what I've missed most about our relationship. I feel smitten all over again. I wake up in a great mood today. Work has been going great and waking up to Patrick every day wasn't on my bingo card this year – it's been a wonderful surprise. We're planning an upcoming campaign shoot in Amsterdam which means I get to be creative and deal with the little logistics – I credit the Virgo in me for genuinely getting excited about this. I follow Patrick into the shower and dare I say it – it may have been the best sex we've ever had. He turns me around and pushes me up against the wall. I usually hate his mirrored shower, but this time I can't stop watching him while he f**ks me. I'm not usually one for shower sex (is anyone really?) but this time around feels different. I could definitely get used to this. I go into the office today and am quickly sent home after two panic attacks. I'm PMSing this week and I realise that I haven't kept up with my antidepressants, a rookie mistake that I've unfortunately made more times than I would have liked. I call Patrick when I leave the office and he tells me to go back to his. My mental health had been a bit of a sensitive topic the last time we were together, so I'm glad he's being supportive this time around. With my PMDD I went through extreme highs and lows, which was confusing for us both. And during my low points, I couldn't regulate my emotions – I'd often just burst into tears out of nowhere or lash out. Patrick didn't know how to be there for me, and I didn't know what I needed. It was frustrating for both of us to go through the same issue every month. He's on a call when I get back to his so I take my antidepressant, grab the dog, and head to bed for a midday nap. I'm feeling like myself again when I wake up so I put in a few hours of work and then give Patrick a blowjob as my way of saying thank you. I order in some Chinese for us, and we're quickly rolling around in bed – Patrick is going down on me and I'm just about to finish – before we are interrupted by the Deliveroo driver. At this point I couldn't care less about the food. I just want to finish off what we started, but this time I'll have to wait. I've now spent every day this week at Patrick's place and, aside from taking the dog for a walk, have barely left the flat. We've spent the past five evenings catching up, ordering in and having the most incredible sex ever. Today I'm woken up with a massage and a new set of matching lingerie – which doesn't stay on for very long. He gets a dozen roses delivered to me at lunch time and makes us dinner reservations at a fancy restaurant in Shoreditch… Happy birthday. We go back to his after dinner and our clothes are off before we even make it to the bedroom. He leads me to the bed and I jump on top of him. I can tell he's going to finish right away so he flips me over and go into doggy. It's a perfect day until we head to bed at 1am and he gets a phone call from another woman while I'm getting unready. I obviously try my best to eavesdrop, but I remind myself not to jump to conclusions. 'I can't talk right now.' I'm trying my best not to let my triggers get the best of me. Before I can finish brushing my teeth, Patrick runs to the bathroom to tell me it was his old neighbour – he hasn't spoken to her in years and has no idea why she's calling. I have trust issues from past relationships and try my best not to let it trigger me. Patrick has never given me a reason to doubt him, but after so much time apart, I'm not sure who this woman is or if they've ever had a relationship. He tells me they barely know one another and shows me their texts – the last time they spoke was a few years ago. I'm not really sure what to believe or what to say and I am definitely not in the mood to talk about it. Regardless of the reason behind her call, my birthday is officially ruined. Patrick shows me the text he's sent to his neighbour. He tells her he has a girlfriend and that her calling is uncalled for, even though they've never been intimate with each other. He asks her to please stop contacting him. I'm glad he's sent this message but there's still a lot to discuss. I realise now might be the perfect time to address everything we never got around to when we decided to get back together. Communication was never our strong suit, so even though this was not the way I wanted to wake up the morning after my birthday, I'm thankful we're actually communicating and not falling into old habits. We have makeup sex and I feel good about our conversation. He reassures me there's nothing to be worried about. He's not seeing anyone else and hasn't been dating for the past few months. We both tell each other how happy the other makes us and promise to have grown up conversations this time around, so we can avoid the same arguments we had before. It's finally time for me to go home. I meet a friend for dinner and a late-night screening at the cinema. I feel quite proud of myself for saving my pennies by sneaking in a few drinks, until the couple next to me whips out a container of hot popcorn they've brought from home – now that's impressive. Patrick and I go for a Sunday Roast and a long walk around Victoria Park before we head back to his to watch a movie. For once we actually get through the film without jumping on one another. More Trending This is the first time we've been together without having sex. I don't like that this has happened after our fight the other night, but I'm trying not to overthink. He pulls me closer and grabs my hand – without saying anything he's given me all the reassurance that I need, and I know I've made the right choice. View More » My friends and family can tell how happy I am with Patrick back in my life. He's also been putting in much more effort and properly getting to know them, which definitely helps. I know it's early days, but it feels different this time. Do you have a story to share? Get in touch by emailing MetroLifestyleTeam@ MORE: These are the most common reasons couples divorce after years together MORE: I thought I'd been punched – but three strangers had stabbed me MORE: Stormzy's 'girlfriend' speaks out about relationship for the first time
