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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 Labor Department saw an additional 3 million people seeking unemployment claims last week — the highest increase of unemployment claims the Labor Department has recorded since it began measuring seasonal unemployment.It also marked the highest level of insured unemployment since April 2018, when the unemployment rate was at 342
The acting head of Immigration and Customs Enforcement, Mark Morgan, provided some details Wednesday on plans to execute an operation targeting families who have gone through their legal proceedings."If you're here illegally, then you should be removed," Morgan told reporters during a call. "And in this case, that includes families."President Donald Trump tweeted Monday night that ICE was preparing to deport "millions" of undocumented immigrants next week, but he fell short of offering details. The vague announcement was striking, given the figure and the decision to disclose an operation prior to its execution.Morgan on Wednesday refrained from providing a time frame or details on the scope of the operation. The intent, Morgan said, is to deter migrants from coming to the US-Mexico border, and the operation is expected to include families who are on an expedited court docket. It remains unclear if the President was referring to this operation in his tweet.Last year, the Executive Office for Immigration Review, which oversees the nation's immigration courts, announced that it had begun tracking family cases filed by the Department of Homeland Security in 10 immigration court locations: Atlanta, Baltimore, Chicago, Denver, Houston, Los Angeles, Miami, New Orleans, New York and San Francisco.The cases are being expedited to try to process the families in under a year.Morgan said ICE had worked closely with the Department of Justice on the family expedited docket and that the "results were very disappointing." He claimed that some families haven't attended their immigration hearings, saying, "They're going through a thorough due process as part of the immigration process, they're just refusing to show up."Additionally, in February, ICE sent around 2,000 letters to families who already had received final orders of removal by judges in absentia, asking them to self-report to local ICE offices by March to comply with the orders, Morgan said.Morgan, who took over the director role in an acting capacity weeks ago, stressed that there hasn't been a shift in direction for the agency but rather a continuation of its policy not to exclude any demographic for arrest and deportation.CNN 2224
The immigrants were shouting “Three million deportations” at Joe Biden because they are running a campaign to get candidates to commit to reunifying the record number of families deported under the Obama - Biden administration. 240
The man who authorities say opened fire at a Walmart in El Paso, Texas, had a ''stone cold look'' when he surrendered, a police official who came face-to-face with him told CNN."It was a look I'd never seen before, and I've been on this force for 31 years," the official said. "I've seen murderers, robbers, nothing like this."Patrick Crusius, 21, of Allen, Texas, has been charged with capital murder in the mass shooting that left 22 people dead and more than two dozen wounded, according to court records. He is being held without bond.Crusuis was arrested Saturday in the Walmart parking lot, where he was sitting in his vehicle after the attack and saw police units responding, a law enforcement official told CNN. He then got out of his vehicle unarmed and walked over to the police vehicles where he was arrested without incident, the official said.While in custody, Crusius has been "cold" in his interactions with police, police officials told CNN.Police Chief Greg Allen told reporters Monday that Crusius has been cooperative, though he's shown no remorse and "appears to be in a state of shock and confusion."Criminal defense attorney Mark Stephens has been appointed by the court to represent Crusius, according to court records. Stephens did not immediately respond to CNN's request for comment.Suspect wrote a 'manifesto,' police sayCrusius is believed to have authored a racist, anti-immigrant document that laid out a dark vision of America overrun by Hispanic immigrants.With the hate-filled writing, which authorities called a 'manifesto,' were the words: "I'm probably going to die today."The four-page document, titled "The Inconvenient Truth," was published on the online message board 8chan about 20 minutes before the shooting. The writing is filled with white supremacist language and racist hatred aimed at immigrants and Latinos, and the author says he opposes "race mixing" and encourages immigrants to return to their home countries.Some of the language of the manifesto reflects ideas from President Trump, Fox News and the modern Republican party. For example, the document warns of a " 2129
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