The NCAA and the Power Five conferences will have to work harder to prevent major changes to college sports now that Democrats control Congress and the White House.
The Power Five conferences spent $350,000 lobbying Congress in the first three months of 2020. That's more than they had previously spent in any full year.
The NCAA is stepping up its lobbying efforts as Congress considers allowing endorsement money for college athletes. NCAA and its allies spent at least $750,000 to lobby.
Dow Chemical and DuPont officially announced an all-stock merger on Friday valued at $130 billion combining two of the biggest and oldest U.S. chemical producers into DowDuPont. The deal could trigger more consolidation, is expected to please activist investors and generate tax savings...
Congress has until December 18th or two weeks, to pass tax extenders important to agriculture. The House earlier this year voted Section 179 expensing permanent, among other tax extenders, but the Senate Finance Committee has opted instead to revive the expired measures for 2015 and extend them through 2016...
The Obama administration wants Congress to vote on the Trans-Pacific Partnership before next year’s lame-duck session. Congressional aides are saying the vote is likely to take place during the lame duck session. White House press secretary Josh Earnest said “the timeline that we envision is shorter than that,” but would not specify when the President would like the vote to occur...
In a move that hasn’t happened in 40 years, fast food giant McDonalds will downsize. In the last week McDonalds announced it is planning to close 184 restaurants across the United States this year, 59 more than it is planning to open. The last time the company contracted was in 1970...