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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 coronavirus pandemic has upended the lives and finances of millions. A federal relief package aiming to provide payments to distressed consumers is on the way — but that money is not likely to land for a number of weeks.While you’ll have to wait for whatever money you might be eligible for, now is the time to prep your finances and plan. The best use of this money depends on your individual circumstances. Here’s how to think it through.Do this prep work, regardless of your situationThis is the time to examine your money situation and build savings, if possible. The fallout from the pandemic may continue for some time. Taking even small steps can help you feel empowered and less stressed.First, take stock of your regular expenses, such as housing costs, car loans and credit card or other debt payments. A 831

The 23-year-old man who falsely claimed to be an abducted 14-year-old has twice before made bogus claims about being a juvenile sex trafficking victim and only admitted to the hoax this time after being confronted with the results of a DNA test, authorities said in court documents.Brian Michael Rini has been charged by the FBI with making false statements, authorities announced Friday. 400

The newborn found swaddled in a plastic bag and crying on top of a pile of leaves and twigs in Georgia this month is ready for her "forever home," an official says.Baby India is in a "wonderful protective home right now," said Tom Rawlings, director of the state Division of Family and Children Services: "She's gaining weight and smiling a lot. She's an easy baby who loves to be held and sung to, and she's overall thriving now."Baby India's distinctive nickname was bestowed on her by the Ragatz family, who found her on June 6.They heard cries and believed that a raccoon or baby deer was the source, but their investigation proved otherwise. "It was a poor little baby wrapped up in a plastic bag," Alan Ragatz said.Her umbilical cord still in place, she was possibly just an hour old when Ragatz and his three daughters discovered her abandoned in a wooded strip of land near Daves Creek Road in Cumming, outside Atlanta.Protective services are normally bound by confidentiality rules, but Rawlings believes that the popular nickname, shared with the media and fondly taken up by her caretakers, will ultimately protect the child's long-term privacy. "Once a forever home is found for her, she will have the opportunity to grow up under any name given to her by her adoptive parents," he said.The details of her life may be unique, but abandoned babies are unfortunately not at all unusual, he said: "Too often, babies are abandoned in terrible conditions like this. We've had babies left in bathrooms and other horrible situations."This is notable because a miracle has come out of it."Often, a mother does not feel capable of caring for a child due to economic conditions or other circumstances, he said. Georgia's 1735

The family of retired FBI agent Robert Levinson says U.S. government officials have concluded that he has died while in the custody of Iran. The family says in a statement posted on Twitter that it did not have information about how or when Levinson had died, but it occurred before the recent coronavirus outbreak. The family says it “will spend the rest of our lives without the most amazing man, a new reality that is inconceivable to us.” Levinson disappeared on Iran's Kish Island in 2007 while on an unauthorized CIA mission.President Donald Trump was asked whether he was aware of the reports. He said Levinson's status "wasn't looking good," but did not accept reports that Levinson has died. 713