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
Chicago is taking a big step. It wants to sell about $1 billion in debt. This debt comes from things like unpaid parking tickets. The city is hoping investors will buy this debt. But there's a catch. A top finance official says this is risky. The official warns it might be costly. Investors might no
A new fund is making waves in Africa's creative scene. The Next Narrative Africa Fund (NNAF) is putting $50 million into African stories. This money will go into films, TV shows, and new media projects. The fund wants to show that Africa's creative industry is not just a small market. It's a big opp
At HPE, the finance team used to spend a lot of time getting ready for a big meeting every Monday. They had to gather data from different parts of the company and put it all together. This took up most of their week, leaving little time to talk about what the company should do next. To fix this, th
In a significant move, Norway has pledged a substantial amount of money to bolster Ukraine's military capabilities. The country will provide 4. 2 billion Norwegian crowns, which is roughly 443. 25 million US dollars. This financial support is part of a broader agreement with France, which has also c
A Navy veteran just made waves in the business world. Demilade Oloyede, the CEO of AquaGuard, took home first prize at the Veteran Energy and Manufacturing Pitch Competition. This event, held in Louisiana, is all about pushing energy innovation and helping businesses grow. Oloyede's company, AquaGu
Whole business securitizations (WBS) are a big deal in the restaurant industry. They help businesses get loans by bundling together their future earnings. But these loans come with a deadline, called an anticipated repayment date (ARD). This is when the business must pay back the loan, usually by ge
Sony’s upcoming State of Play will run for more than an hour on Thursday, February 12. It promises to showcase a mix of new visuals and gameplay from both independent creators and the company’s own studios. The schedule seems to lean heavily on upcoming releases for the PS5, with a handful of titles
The recent Paris Olympics have stirred strong reactions in the figure‑skating world. A French ice‑dance pair, Laurence Fournier Beaudry and Guillaume Cizeron, lifted two gold medals while also celebrating the return of a skater who has faced serious sexual‑abuse allegations. Their teammate, Nikolaj
The Kremlin says it is looking for ways to support \"Cuba\" as the island faces an energy crisis. Russian officials claim they do not want a fight, but they also note that trade between Russia and \"Cuba\" is already small. When asked about the US plan to impose tariffs on any country that sells o
