U.S. Senate Approves Outdoor REC Act

The bipartisan bill, which is expected to be signed by the President, will have the federal government track and analyze the outdoor recreation economy as part of its overall economic viewpoint.

LVMH In Talks To Acquire Rapha

The luxury goods conglomerate is in discussions to acquire Rapha, the high-end cycling apparel and bike-related accessories brand based in London, according to a report from the Daily Mail.