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Former Nike marketing manager pleads guilty to embezzling nearly $1.5 million

Former Nike marketing manager pleaded guilty on Monday, to wire fraud, money laundering and making false statements on a loan application in an attempt to defraud his former employer, according to Acting U.S. Attorney Scott Erik Asphaug.

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Study: State Revenue Declines Lead to Cuts in Children’s Medicaid Benefits, Education Spending

State spending cuts during economic downturns fall more heavily on children than the elderly, according to new research by experts at Rice University. Their findings are published in the National Tax Journal and analyze implications for policymakers.

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Cardinals Fined, Must Give Up Draft Picks After Astros Hacking Scandal

Major League Baseball has ruled that the St. Louis Cardinals have to hand over their top two draft picks and pay the Houston Astros $2 million after Chris Correa, the team's former director of scouting was found guilty of hacking the rival team's player roster.

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