BUSINESS FAILURE

In late October, employees of Renovo Home Partners woke up to a harsh reality: their jobs vanished overnight. The company, once a promising venture backed by major investors like BlackRock, shut down abruptly. Workers were left without pay, health insurance, and unfinished projects. This sudden collapse raises questions about the risks of private equity ownership in ...

Jay-Z, a well-known business mogul in the music industry, has faced a setback with his luxury weed brand, Monogram. The brand, launched in 2020, was supposed to be a high-end product in the cannabis market. However, recent reports show that Monogram is struggling financially. The company has faced accusations of smuggling and not paying invoices on time. Seth Yakatan...