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Months after removing all assault rifles from all 732 of its stores, Dick's Sporting Goods is considering removing all hunting gear from its stores, company CEO Edward Stack said in a conference call, according to CBS News. Stack said on the call that Dick's will test the concept at 10 locations. The 10 locations selected were ones where hunting goods were not selling well. "We'll have to wait and see how the 10-store test does," Stack said on the call. CBS reported that Stack added that there are a number of additional locations where selling hunting goods are difficult. The additional space could be used for Dick's to sell higher-margin items, such as outerwear and clothing for team sports, especially baseball and soccer. CBS reported that Dick's adjusted same-store sales were down 3.9 percent in the third quarter of 2018 compared to 2017. Following Wednesday's announcement, stocks for Dick's rose 2.4 percent, showing that investors welcomed the news. 1026
Music producer DJ Khaled and boxer Floyd Mayweather Jr. were charged by the Securities and Exchange Commission with promoting investments in initial cryptocurrency coin offerings without revealing that they'd been paid.The SEC has said that cryptocurrency coins sold in initial coin offerings (ICOs) may be considered securities and subject to federal securities laws.Both Khaled and Mayweather settled with the SEC and agreed not to promote any securities, even digital ones, for two years and three years, respectively, the SEC said Thursday. They also agreed to give the money they'd received to the SEC and pay penalties and interest.Mayweather failed to disclose that he'd received 0,000 from three different ICO issuers, including 0,000 from Centra Tech. Khaled failed to disclose a payment of ,000 from the same company.Centra has separately been charged by the SEC, which alleged that its ICO was fraudulent.Centra could not immediately be reached for comment.Both Mayweather and Khaled promoted Centra's ICO on their social media accounts. Khaled called it a "game changer" while Mayweather encouraged his followers to get in on the ICO, saying he'd taken part.Mayweather also commented on another ICO, saying he was going to make a lot of money."You can call me Floyd Crypto Mayweather from now on," he tweeted.The SEC, which has made it clear that ICOs can be fraudulent, encourages would-be investors to be wary of those ICOs that are endorsed by celebrities."With no disclosure about the payments, Mayweather and Khaled's ICO promotions may have appeared to be unbiased, rather than paid endorsements," said SEC Enforcement Division co-director Stephanie Avakian."Social media influencers are often paid promoters, not investment professionals, and the securities they're touting, regardless of whether they are issued using traditional certificates or on the blockchain, could be frauds," said Steven Peikin, another SEC enforcement division co-director.This is the first time the SEC has brought charges against individuals for promoting ICOs and the investigation is ongoing. 2128

National news network Newsy is set to launch its new documentary series "Sold in America" this weekend. The three-part series begins on Sunday, Feb. 18 and takes a deep dive into the criminal world intersection between drug addiction and sex trafficking. The documentary features interviews with trafficking survivors, sex workers, pimps, buyers and public officials dealing with the issues. “‘Sold in America’ puts deep reporting against a backdrop of intense, memorable scenes and nuanced, sensitive storytelling to paint a new picture of the buying and selling of sex,” Christina Hartman, vice president of news and programming for Newsy, said in a news release. “You will walk away heartbroken, then angry, but ultimately inspired to influence change.”“Sold in America” premieres on Newsy’s cable and over-the-top live-streaming channels Sunday, Feb. 18, at 9 p.m. Eastern. The series can then be found for on-demand viewing beginning Thursday, Feb. 22, on streaming services including Roku, Amazon Fire TV and Apple TV. Check local listings for channel availability. Newsy is a wholly owned subsidiary of The E.W. Scripps Company, which owns this station. See the trailer below. 1233
MLB and the league’s player union held negotiations this week, days after a contentious series of statements between the league and union indicated the 2020 season is in peril.The league and players are working on a plan to begin the 2020 season after it was postponed by the spread of the coronavirus. With most professional sports leagues coming back this summer, MLB has yet to formalize a plan for resumption.MLB Commissioner Rob Manfred said that a new set of proposals have been forwarded to the players.The tone from Manfred on Wednesday differed from earlier in the week.“We left that meeting with a jointly developed framework that we agreed could form the basis of an agreement and subject to conversations with our respective constituents,” Manfred said. “I summarized that framework numerous times in the meeting and sent Tony a written summary today. Consistent with our conversations yesterday, I am encouraging the Clubs to move forward and I trust Tony is doing the same.”Earlier on Wednesday, reports surfaced that the league and players have finalized a deal, but those reports appeared to be premature as the MLBPA said that no agreement has been made.At odds is the number of games to be played, and whether players will be paid a full prorated amount for those games. MLB said that based on an agreement between the leagues and players days after the league suspended Spring Training, players would only be paid a full prorated salary if games were held in front of fans. As of now, the likelihood of MLB games being played in front of fans this season appears to be low.The players union has complained that the league is attempting to play the fewest number of games possible.“The commissioner has repeatedly threatened to schedule a dramatically shortened season unless players agree to hundreds of millions in further concessions,” the MLBPA said on June 13. “Our response has been consistent that such concessions are unwarranted, would be fundamentally unfair to players, and that our sport deserves the fullest 2020 season possible.” 2069
NASHVILLE, Tenn. - When it comes to time off, managers can ask questions to an extent in order to confirm an employee is following CDC and local health mandates.Businesses are legally allowed to ask employees about potential exposure to COVID-19 if it helps keep the workplace or customers safe. Attorney Rebecca Demaree said if an employer does not treat every employee the same way, they may find themselves in hot water."Should you ask 'well, if you're going to that protest activity, we're going to make your self isolate for 14 days because we know there are going to be a large number of individuals,' and then you take a similarly situated employee who says 'at Christmas I'll be with 20 of my relatives,' and you don't treat them the same way, the question could be are you doing that because you're trying to stifle a protest or a First Amendment activity?" said Rebecca Demaree.Demaree counsels companies on labor and employment law. She said health screenings when employees return to work after time off make sense in most high-contact industries."That's going to be important for the employers to keep customers and fellow employees safe," Demaree said. Demaree advises a good questionnaire doesn't include questions that can make an employee feel singled out."They're not questions about 'who were you with?' 'Where were you?' What were you doing exactly?' But they are more designed to lead to those questions if more information is warranted," she said.Additionally, friends and families should not compare their return to work processes because different industries are doing it differently. New questions are also likely to be asked in 2021 when vaccines are available. Some employers may be able to require workers to get the shots.This story was first reported by Hannah McDonald at WTVF in Nashville, Tennessee. 1841
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