CBX Daily 6/9/2025

Author

Sabrina Lynch
June 09, 2025

Today, Latino entrepreneurs are rewriting the rulebook for survival, but let’s start with how Dick’s Sporting Goods plans to expand by acquiring rival…

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Dick’s Sporting Goods Acquires Foot Locker In A Monopoly Takeover

CBX Vibe

Iconic sports goods retailer Dick’s Sporting Goods (DKS +0.21%) has announced plans to acquire its market rival Foot Locker (FL +0.11%) in a $2.4 billion deal as it seeks to expand its global footprint. It’s an ambitious move that certainly boosts Foot Locker’s profile in the market as well as giving Nike healthy competition from Dick’s revenue that’s already doing exceptionally well. In quarter 1 of the financial year 2025, revenue sales are already up 5.2%.

The Unstoppable Growth Rate Of Latino-Owned Businesses In America

CBX Vibe:

In the vibrant tapestry of the U.S. economy, Latino-owned businesses have emerged as a dynamic and influential force. These entrepreneurs are creating businesses at over twice the rate of the general U.S. population, as their community necessitates high levels of innovation and ingenuity. New businesses owned by Latinos accounted for 36% of launches in 2024, according to a new analysis of Census Bureau data.

Dropping Pounds Thanks To The Falling Cost In Weight Loss Drugs

CBX Vibe:

If you no longer wish to hit the gym, weight loss drugs are now more accessible and affordable. But there's a catch. You'll have to cover the cost out of pocket. The price for Wegovy has gone down 23% for uninsured patients. And with 1 in 8 people living with obesity, this comes as a much welcome way out for people who want to avoid lifestyle diseases and shed off a couple of pounds faster.

Tune-in Tuesdays!

The U.S. is halting student visa appointments and expanding social media vetting to tighten borders therefore shutting doors to diversity, innovation, and global collaboration. Is the goal security, or selective exclusion dressed as scrutiny?

A. “Many Faces” by Gidi Gidi Maji Maji – It’s not just about safety, it’s about whose identity gets a pass and whose presence gets questioned
B. “Rules” by Doja Cat – Diversity built the brand, but now the gatekeepers are rewriting the rules welcoming talent only if it doesn’t look, sound, or pray too differently
C. “Secret” by Tyler Braden – If you’ve got nothing to hide, prove it!

What are your thoughts on this? Tune in next Tuesday to see which jam captures the prevailing sentiment!

A  |  B  |  C

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Last week’s results are in and it seems people think every election promises will always sound like ‘Déjà Vu’

Why International Tourists Are Skipping The U.S. In 2025

CBX Vibe:

The allure of the United States as a top global destination is beginning to fade. New data shows that international visits to the U.S. fell by 14% in March 2025 compared to the same month in 2024. Tourists from Canada, Western Europe, Asia, and South America are staying away in growing numbers. Behind this trend lies a complex web of safety concerns, political unease, and travel-related red tape.

Real Tariff Tea: Why Your Favorite Beverage Brand Might Vanish

CBX Vibe:

There’s a quiet revolution brewing in your cup. Beverage startups are finding traction by blending diaspora ingredients with wellness trends, but tariffs on imports from Africa and the Caribbean could derail the movement.

Vibes of the Week

Dick’s Sporting Goods joins the “Sharks” in Foot Locker acquisition. Lil Wayne, Jelly Roll, and Big Sean tell it in our CBX Vibes!