A tech CEO from Nashville is in hot water. Marcus Cobb, the boss of a startup called Mozaic Payments, is accused of tricking a private equity firm out of $20 million. The startup claimed to have an app for sharing music royalties, but it didn't work. The money was gone by 2025. Cobb and his co-foun
The University of Utah is making a big move to pump money into its sports teams. They're teaming up with a private equity firm to create a new company. This company will handle all the business stuff related to sports, like selling tickets, making deals, and licensing. The goal is to raise at least
Private equity firms have a unique way of making money. They buy companies, improve them, and sell them for a profit. If they buy a company for $2 billion and sell it for $3 billion, they earn a big bonus. This bonus is called a "carry. " It's usually 20% of the profit, which in this case would be $
Boston is facing a heated debate as the school district considers shutting down three schools. The plan has ignited strong emotions among parents, teachers, and students, who are fighting to keep these schools open. The schools at risk are The Community Academy of Science and Health, Another Course
DEI programs are facing a lot of criticism these days. Some people think they are unfair and hurt meritocracy. But let's think about this. First, DEI programs were never about giving unfair advantages. They were made to fight discrimination and favoritism. These things go against the idea of merito
David Gentile, a former bigwig in the finance world, just got a lucky break. He was locked up for tricking thousands of people out of their hard-earned cash. But now, he's out of jail after only a couple of weeks. How did this happen? Gentile was the boss of GPB Capital. He promised investors big r
Switzerland is known for its high-quality healthcare. But when it comes to health equity, the country still has a long way to go. Health equity means making sure everyone has the same chance to be healthy. But in Switzerland, different groups still face different health challenges. A recent study l
People with health issues and those from disadvantaged backgrounds often struggle to access medical care. This is not just about having a clinic nearby. It's also about the journey to get there. A recent study looked into this problem. They talked to 17 community members with various health and soci
Pulse Biosciences, a company known for its unique nPulse™ technology, recently made a move to attract new talent. They gave stock options to three new employees. These options let them buy up to 13, 450 shares of the company's stock. The options have an exercise price of $13. 58 per share. This pric
New York City is making big strides in supporting small businesses owned by minorities and women. The city has set some ambitious goals to award billions in contracts to these businesses, known as M/WBEs. These goals are part of a larger effort to create more opportunities for these entrepreneurs, w
