November 15, 2017
With 100 co-sponsors in the House and 12 co-sponsors in the Senate, the campaign to expand the definition of deductible expenses from Health Savings Accounts to include certain fitness related activities and equipment is gathering momentum that has proponents hopeful it will pass before the end of the year.
A class action suit in Northern CA district court has been partially settled with Columbia agreeing to modify its signage on pricing to use agreed terminology for its reference price and to post signs in its stores.
Net loss was $16.0 million in the third quarter ended Oct. 1 against income of $9.5 million last year, as sales plunged 30% to $154.1 million from $221.7 million with weakness across all segments.
Shortly after it acquired Alleson Athletic, Badger Sportswear acquired Garb Athletics, a maker of premium custom tailored uniforms.
Attorneys for families of the victims of the Sandy Hook shootings in 2012 argued that Remington, which made the Bushmaster used in the attack, should be held liable for marketing the gun using slogans and product placement in video games that were designed to make the weapon more appealing to young men like the shooter, Adam Lanza.
The AFL-CIO, which owns some $21 million in Nike stock, is asking the Eager Beavertons to disclose a formal set of tax principles in the wake of the Paradise Papers disclosures about the tax structures of multi-nationals that allowed them to pay little or no tax on overseas profits, including Nike.
The Wolverine-owned outdoor brand named Strick Walker as its new chief marketing officer overseeing global brand strategy and marketing efforts.
The CPSC is recalling seven different brands of hoverboards because their lithium-ion battery packs can overheat, smoke, catch fire and/or explode.