The 7th U.S. Circuit Court of Appeals ruled in favor of the National Collegiate Athletic Association or NCAA in a dispute, denying student-athletes' demand for minimum wage for their time.
Former students, Gillian Berger and Taylor Hennig, sued the NCAA and more than 120 Division I member schools, arguing that student-athletes are employees within the Fair Labor Standards Act. They played on the
With a deadline to avoid a government shutdown looming, the House voted Thursday to approve a short-term government spending bill. The House voted 326 to 96 in favor of the continuing resolution, which funds the government at current levels through April 28th.
With lawmakers looking to finish up their work for the year, the Senate voted overwhelmingly Thursday to approve a $618.7 billion defense policy bill. The Senate voted 92 to 7 in favor of the annual National Defense Authorization Act, which provides a blueprint for defense spending in the current fiscal year.
Fast food executive Andrew Puzder is expected to be announced as President-elect Donald Trump's nominee for Labor Secretary, according to numerous media reports. Puzder currently serves as Chief Executive Officer of CKE Restaurants, Inc., the parent company of Carl's Jr., Hardee's, Green Burrito, and Red Burrito.
President-elect Donald Trump announced Wednesday he intends to nominate former professional wrestling executive Linda McMahon to serve as the Administrator of the Small Business Administration. In a statement, Trump said McMahon is widely recognized as one of the country's top female executives advising businesses around the globe.
The U.S. Food and Drug Administration has announced important steps to better support consumer access to hearing aids. The agency issued a guidance document Wednesday explaining that it does not intend to enforce the requirement that individuals over the age of 18 receive a medical evaluation or sign...
US President-elect Donald Trump has pledged to cut the cost of prescription drugs, sending Pharmaceutical and biotechnology shares down Wednesday.
"I'm going to bring down drug prices. I don't like what's happened with drug prices," the incoming President said an interview for TIME's Person of the...
The giraffe has been included in the list of animals facing the risk of extinction, the International Union for the Conservation of Nature (IUCN) says.
The latest update of the IUCN Red List of Threatened Species, published Thursday, reveals a devastating decline for the giraffe, driven by habitat...
The International Air Transport Association (IATA) announced Thursday that it expects the global airline industry to make a net profit of $29.8 billion in 2017. On forecast total revenues of $736 billion, that represents a 4.1 percent net profit margin.
This will be the third consecutive year (and...
Life expectancy in the United States has declined, though marginally, for the first time in more than two decades, according to federal data.
In 2015, life expectancy was 78.8 years for the total U.S. population—a decrease of 0.1 year from 78.9 years in 2014, said the report by the National Center...
US President-elect Donald Trump has nominated Oklahoma Attorney General Scott Pruitt as the Environmental Protection Agency's administrator.
An outspoken critic of the outgoing President's climate change policies, Pruitt is skeptical of widely accepted climate change science.
"For too long, the...
The beer industry in Colorado, Oregon and Washington is facing dull sales as the three states legalized recreational marijuana.
According to brewbound.com, the beer business is under-performing in these states after the legalization. Beer volumes in these states declined two percent and stand behind all other beer markets in the U.S.
Starbucks is teaming up with Pokémon Go, a location based augmented reality game, to turn its stores into PokéStops and Gyms, reports said. Further, the coffee giant reportedly would open Italian bakeries that serve pizza, with the first store expected to open in late 2017.
Reports on President-elect Donald Trump's Cabinet picks continue to roll out Wednesday, with multiple news outlets saying Oklahoma Attorney General Scott Pruitt has been chosen to head the Environmental Protection Agency.
Pruitt, who is said to have close ties to the energy industry, has filed several...
Senators overwhelmingly voted in favor of a $6.3 billion medical innovation bill on Wednesday, sending the legislation to President Barack Obama's desk for his signature. The Senate voted 94 to 5 in favor of the bill known as the 21st Century Cures Act.