Hibbett Sports, a chain with about 1, 000 stores across the U. S. , is set to close 175 locations over the next three years. The move follows its recent $1. 1 billion takeover by British sports retailer JD Sports in early 2024. The company now wants to shrink its physical footprint by focusing on fe
Ramp, a fintech firm based in New York, just wrapped up a $750 million Series F raise that pushed its worth to about $44 billion. The fresh money will fuel new AI‑driven tools for businesses that use the platform. Investors in the round included many familiar names, from Founders Fund to Khosla Ven
A top NBA team owner just made two huge financial plays that show how money moves across industries. First, the owner spent $300 million on a women’s basketball team—the most ever paid for a WNBA franchise. He beat out other bidders by offering more than Cleveland, Detroit, and Philadelphia were wil
Dark Horse Entertainment has entered a new era as its long‑time CEO, Mike Richardson, steps down after four decades of guiding the company from a small Oregon comic book shop to a global media powerhouse. The decision comes as part of Embracer Group’s plan to refresh Dark Horse’s direction after
The San Diego club made two moves before their first full‑squad workout, aiming to strengthen both the pitching staff and the lineup. They signed right‑hander Griffin Canning, who spent last season with the Mets and the Angels, hoping he can slot into their starting rotation. Canning’s recent
Bio-Rad, a big name in life science research and clinical diagnostics, just shared its financial results for 2025. The year was a bit of a rollercoaster. On one hand, they saw some growth in sales, especially in their Clinical Diagnostics segment. But on the other hand, their Life Science segment to
Ripple's CEO, Brad Garlinghouse, hinted at possible future acquisitions in the second half of 2026, but emphasized that this year will be about integrating recent purchases. This comes after Ripple spent a whopping $4 billion on mergers and acquisitions in 2025, despite XRP's value being 60% lower t
IonQ Inc. is making waves in the tech world. Their stock is up, and there's a good reason why. They just finished buying Skyloom Global Corp. This is not their first big move. They also recently got SkyWater Technology. So, what's the deal with all these acquisitions? First, let's talk about Skyloo
New York's baseball teams are making big moves. The Mets just got a top pitcher, Freddy Peralta. He's really good and won awards. But they gave up some young players to get him. Now, people wonder if the Mets will make more changes, maybe in the outfield. They have a lot of pitchers, so they might t
Polygon Labs has made a big move. They bought Coinme and Sequence for $250 million. This is a big deal because it shows that stablecoins are becoming more popular for payments. Stablecoins are digital money that is tied to real-world currencies like the dollar. They are becoming more popular becaus
