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Joyride Brewing co-owner accused of theft countersues for $170K

A minority owner of Joyride Brewing in Edgewater says accusations that he misappropriated $1 million from the brewery are frivolous, so he is countersuing it for $170,000. Grant Babb, who was the general manager at Joyride until resigning in October, has been blamed by managing co-owner Dave Bergen of bankrupting the brewery through theft. “This has nothing to do with Joyride’s ability to run a successful or profitable business but rather has everything to do with the improper and unauthorized spending, as well as…

Former Co-Owner of Russia’s Baikal Microelectronics Goes Bankrupt

T-Platforms, a Russian company that once planned to build an exascale supercomputer and homegrown CPUs, was declared bankrupt this week as the cost of the company's assets was lower than its obligations. T-Platforms was one of a few companies in Russia that could build world-class high-performance supercomputers. The main reasons for the bankruptcy are not sanctions by Western countries but rather Russia's attempt to replace Western technologies with its own.T-Platforms was established in 2002 to build servers and…

NFL legend Drew Brees is now a co-owner of a pro pickleball team

Drew Brees #9 of the New Orleans SaintsGregory Shamus | Getty Images Sport | Getty ImagesRetired NFL superstar Drew Brees is the latest major sports figure to get in on the pickleball craze.Major League Pickleball announced Thursday that the one-time Super Bowl champion has joined the ownership group of the Austin, Texas, Mad Drops Pickleball Club.The group also includes venture capital firm Good Alpha Industries, Los Angeles Lakers co-owner Jim Buss and Ryan Serhant of Bravo's "Million Dollar Listing New York."Financial…