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The brand and intellectual property of Sports Illustrated have been sold to marketing company Authentic Brands Group for 0 million.Meredith Corporation, the current owner of the iconic magazine, announced the sale on Tuesday. In an unusual arrangement, Meredith will continue to publish the Sports Illustrated magazine and website.The structure of the deal suggests that the Sports Illustrated brand is much more valuable than the storied magazine.Authentic Brands Group, which owns the brands of celebrities like Marilyn Monroe and Elvis Presley, will assume the marketing, business development and licensing of Sports Illustrated's intellectual property.Jamie Salter, CEO of Authentic Brands Group, said in a statement that Sports Illustrated's "trusted name and fiercely devoted following set the stage for the brand to become a leader in lifestyle and entertainment."According to the companies, potential new business opportunities include events, conferences, gambling and gaming products as well as video and television.Meredith, which is paying Authentic Brands Group an undisclosed fee to publish the Sports Illustrated magazine and website, said it would maintain the publication's editorial independence.Sports Illustrated was put up for sale last year along with Time, Fortune and Money magazines, which Meredith acquired via its purchase of Time Inc. Meredith also owns People, InStyle and Better Homes & Gardens.Salesforce CEO Marc Benioff and his wife Lynne Benioff purchased Time in September.Meredith sold Fortune to Thai billionaire Chatchaval Jiaravanon in November, and decided to take Money magazine off the market in April, turning it instead into a digital-only publication. 1715

The Office of Refugee Resettlement, which is charged with caring for unaccompanied migrant children, is "scaling back" or canceling activities at shelters, citing the need for more resources.A swell of migrants crossing the southern border has overwhelmed the agency's facilities, which house unaccompanied children until they are placed with a sponsor in the United States. The shelters provide schooling and activities for the children during their stay, but the increase of children arriving to the border has strained the department's resources."This week, ORR instructed grantees to begin scaling back or discontinuing awards for (unaccompanied minors) activities that are not directly necessary for the protection of life and safety, including education services, legal services, and recreation," Evelyn Stauffer, spokeswoman for the Department of Health and Human Services' Administration for Children and Families, said in a statement.The Washington Post 975

The ads are appealing. They feature deals for vets to refinance their homes and cash out on the equity. However, home and refinance loan programs targeted towards military veterans can be a benefit or a headache, depending on the lender. John Bell, advisor for the Veterans Affairs Administration in D.C. says there are many reasons why vets can take advantage of borrowing cash against their home. But how you choose a cash-out lender makes a big difference. “We want to make sure that veterans are armed with information from the disclosure process early in the process as well as though closing, so they understand the decisions they're making,” he says. Bell says, unfortunately, there are predatory lenders out there targeting vets, sticking vets with thousands of dollars in hidden fees. “Have we seen it, yes,” Bell explains. “Do we know how to combat it and help you in navigating that process? Without a doubt.” In 2018, the United States Department of Veterans Affairs stepped up its regulations for lenders, specifically on cash-out refinance loans. The VA has always offered advisor services to protect borrowers through their long-standing VA home loan program. “We need to make sure that all lenders are operating on the same playing field, that they're all giving veterans the transparency that they need to make informed decisions,” Bell says. According to a report by the American Enterprise Institute, in September of 2018, veterans cashed in on cash-outs. They accounted for 86 percent of mortgage loans, which was up about 30 percent from two years prior. “The general rule is if it sounds too good to be true it usually is,” Bell says. Bell says in order to not cause a mortgage crisis among vets, it's best if you know what you’re getting yourself into. “Be sure you're asking the right questions,” he says. “You want to know the exchange of equity that you're going to take out, what is the overall cost of that, and make an informed decision.” 1983

The Centers for Disease Control and Prevention expressed concern on Monday as it released figures that show a significant portion of young Americans are at a high risk of developing type 2 diabetes. According to CDC findings, 1 in 4 young adults aged 19-34 and 1 in 5 adolescents aged 12-18 suffer from prediabetes. Those with prediabetes have elevated blood sugar levels, but have not reached the threshold to be considered diabetic. The report from the CDC stated that overweight young people were significantly more likely to have prediabetes. The report found that 25.7% of overweight adolescents had elevated blood sugar levels, compared to 16.4 of adolescents of normal weight. Those figures were even pronounced among young adults. 36.6% of overweight young adults were prediabetic compared to 16.6% of young adults with a normal weight. “The prevalence of prediabetes in adolescents and young adults reinforces the critical need for effective public health strategies that promote healthy eating habits, physical activity, and stress management,” said CDC Director Robert R. Redfield, M.D. “These lifestyle behaviors can begin early in a child’s life and should continue through adolescence and adulthood to reduce onset of type 2 diabetes.”The CDC expressed concerns that young Americans with prediabetes face significantly higher cholesterol levels, systolic blood pressure, abdominal fat and lower insulin sensitivity than those with normal glucose tolerance, which increased their risk of type 2 diabetes and other cardiovascular diseases. All told, 1 in 3 American adults are prediabetic. Another 1 in 4 adult American are diabetic anddo not know it.The CDC says that type 2 diabetes can be prevented or delayed with healthy lifestyle changes, such as losing weight, eating healthy food, and being active.In the last 20 years, the number of adults in the US with diabetes have doubled, according to CDC figures. Justin Boggs is a writer for the E.W. Scripps National Desk. 1998

The Environmental Protection Agency is set Thursday to announce the repeal of the Obama-era Waters of the United States rule that extended federal authority and protections to streams and wetlands, according to a source familiar with the details of the announcement.The announcement is scheduled to take place at the National Association of Manufacturers, a trade group in Washington, DC.The 2015 regulation, commonly known as WOTUS, defined what bodies of water are protected under the federal Clean Water Act but was a favorite punching bag of Republicans, who ridicule it as government overreach. Democrats defended it as necessary to ensure waterways remained pollution-free.Thursday's repeal of the regulation is likely to draw intense litigation from the environmental community. Those groups have argued the Trump EPA's changes to the rule protects fewer small waterways and that could result in more pollution and put people at risk.A source who's been invited to the announcement tells CNN that EPA administrator Andrew Wheeler is expected to sign the finalized rule repealing the regulation."It's the first of two steps. First the regulation has to be repealed then the EPA will move to replace it with a new regulation," the source said. Wheeler unveiled a proposed replacement regulation last December.The EPA announced Wednesday that Wheeler will "make a major water policy announcement" but did not specify what the announcement would be. EPA and the Army Corps of Engineers did not immediately respond to CNN's request for comment.President Donald Trump has repeatedly called clean water a priority for his administration. "We want crystal clean water and that's what we're doing and that's what we're working on so hard," he said in an environmental speech earlier this summer.But the Obama-era rule has been under attack from Trump and conservatives for years.Several states challenged the Obama-era rule, and a federal judge in Georgia 1966

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