Meredith Corporation's Allrecipes announces its support for finding a cure for childhood cancer and other life-threatening diseases by teaming up with St. Jude Children's Research Hospital for its 2020 Thanks and Giving® campaign. This holiday season Allrecipes will shine a spotlight on this important cause through a wide range of content and promotional offerings across its digital, print, and social channels with the goal of helping kids and families at St. Jude Children's Research Hospital® as part of the annual tradition that raises funds to directly support the St. Jude mission: Finding cures. Saving children.® This is the first time that Allrecipes has participated in the St. Jude Thanks and Giving campaign, which unites world-class brands and their customers around a common goal – to build awareness and raise funds to support vital research and treatment. Because of generous supporters, families never receive a bill from St. Jude for treatment, travel, housing or food – because all a family should worry about is helping their child live.

The NRF called on lawmakers to pass bipartisan legislation introduced on Wednesday that would require congressional approval of “Section 232” tariffs. This includes the steel and aluminum tariffs recently imposed by the Trump administration, and any additional tariffs in the future. The legislation was introduced by Senate Foreign Relations Committee Chairman Bob Corker (R-Tenn.), and a bipartisan group of senators. The proposed tariffs have triggered widespread retaliation against United States exports. The administration is also considering tariffs on automobiles and auto parts. Click Read More below for additional information.

Eight years after it bought McGraw-Hill Education for $2.4 billion, Apollo Global Management has reached an agreement to sell the company to another private equity firm, Platinum Equity, for $4.5 billion. The proposed purchase comes about a year after MH and Cengage called off their merger following opposition from the Justice Department. When Apollo acquired the publisher, MHE had revenue of about $2 billion; in the fiscal year ended March 31, 2020, company revenue was $1.58 billion and it had an operating loss of $135.3 million, with EBITDA (earnings before interest, taxes, depreciation and amortization) of $372.9 million. Results for fiscal 2021 have not been released, but for the nine months ended December 31, 2020, revenue fell 5.4%, to $1.22 billion; still, the company posted net income of $118 million, up from a loss of $28.3 million. EBITDA in the nine months rose 6.4%, to $439.9 million.