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
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
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
In the heart of Brooklyn, an 81-year-old man lost his life on a cold rooftop. Everet Goldberg, a long-time resident of a six-story building, was found dead on the roof of his apartment building. He had been trying to cross the icy roof to avoid using the broken elevator on his side of the building.
February is Black History Month, a time to honor the contributions of African Americans. St. Paul is hosting a variety of events to celebrate this month. From educational talks to lively markets, there's something for everyone. The Minnesota History Center is kicking things off with a screening of
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
Kentucky’s Ford plant in Glendale had been quiet for months after the company shut down a massive battery‑making area. The factory was built to make electric‑vehicle batteries, but sales fell short of expectations. Instead of leaving the space empty, Ford plans to shift production to large bat
The U. S. housing market faced its toughest month yet, with second‑hand home sales falling more than 8% in January. This sharp decline reflects high prices, a tight supply of homes, and growing uncertainty about the economy. The National Association of Realtors reported that 3. 91 million homes wer
