Four cannabis entrepreneurs in Massachusetts have taken legal action to stop a potential statewide vote that would reverse recreational marijuana sales while keeping medical cannabis legal. The group, all active participants in state programs designed to right past wrongs in drug enforcement, filed
When people think of top medical help, they often picture the big city hospitals nearby. But sometimes the best doctors live in another state. A woman found out she had cancer last year. Her local doctors were unsure of the newest treatments. She went to a hospital that does cutting‑edge research a
After a year and a half of talks, the WNBA reached a new agreement that will pay its players higher than any other U. S. women’s professional league. This comes after the U. S. women’s soccer team won a $24‑million settlement and the birth of a new professional women’s hockey league, showing a growi
A private‑equity group is weighing the idea of selling a Texas‑based auto loan company that helps people buy cars on credit. The buyer could pay between $2. 5 billion and $3 billion, sources say. The company was bought by the group in 2021 from another major investor for an undisclosed sum. It wo
Triton Partners, a big name in European investments, just raised a huge amount of money. They got €5. 5 billion for their new big fund. That's a lot of cash! This is a big deal because not long ago, they had some issues. People were talking about their work culture, and it was hard for them to get n
Recent research on Medicare patients with early‑stage lung cancer reveals a troubling trend: Black individuals are still far less likely to receive surgery or radiation that can cure the disease than their white counterparts. The study, which looked at more than 28, 000 cases from 2005 to 2019, foun
Private wealth teams closed the year with a mix of bold moves and cautious bets. Some went big on sports, others on tech or crypto, showing how varied their strategies can be. One firm raised its stake in a famous English football club. Although the news drew attention, the owners say their share i
In Pennsylvania, many people of color still find it hard to get fair banking help. The state has tried programs that look promising, like a low‑interest loan plan during COVID. Out of 761 loans approved, only 41 went to minority‑owned businesses – a tiny share. A later grant of $200 million
College sports are getting a financial boost from an unexpected source: private equity. The University of Utah has just made history by teaming up with a private equity firm to support its athletics programs. This deal is a big shift from the usual way things are done. The university has set up a fo
Most people think that having half a million dollars in net worth by age 40 is common, but data shows it’s actually rare. Only a little over ten percent of Americans aged 18 to 39 have reached that milestone, while the median net worth for this group is closer to $178, 000. So if you haven’t hit the
