Latest Corporate sponsorship News

Report: Suspected Chinese hack targets Indian media, gov't

Sep. 22, 2021 08:41 AM EDT

BANGKOK (AP) — A U.S.-based private cybersecurity company said Wednesday it has uncovered evidence that an Indian media conglomerate, a police department and the agency responsible for the country's national identification database have been hacked, likely by a state-sponsored Chinese...

Arrow Electronics commits to sponsor extension with McLaren

Sep. 19, 2021 15:40 PM EDT

MONTEREY, Calif. (AP) — The tiny IndyCar team Sam Schmidt formed 20 years ago moved another step toward becoming an elite organization with a sponsorship extension by Arrow Electronics announced ahead of Sunday's race at Laguna Seca. The deal through 2028 retains...

LSU, Caesars Sportsbook, enter sponsorship agreement

Sep. 17, 2021 15:25 PM EDT

NEW ORLEANS (AP) — LSU and Caesar's Sportsbook announced Friday that they have entered into a multi-year sponsorship agreement, making Louisiana's flagship state university the first in the Southeastern Conference to enter a financial partnership with a gambling company. ...

IndyCar to return to Iowa Speedway for 2022 doubleheader

Aug. 19, 2021 16:06 PM EDT

IndyCar will return next season to Iowa Speedway, a short oval track beloved by fans and drivers that had fallen off the schedule after 14 years. The track in Newton will host a doubleheader next July in a deal brokered between IndyCar Series owner Roger Penske, team...

AP source: NHL teams OK'd to add sponsor patches on jerseys

Aug. 17, 2021 16:02 PM EDT

Jersey advertisements are coming to the NHL. The league will allow teams to put sponsor patches on jerseys beginning with the 2022-23 season after the board of governors unanimously approved the move, according to a person with knowledge of a memo sent this week. The...

EXPLAINER: What's at stake in Boys Scouts bankruptcy case

Aug. 11, 2021 12:18 PM EDT

DOVER, Del. (AP) — The Boy Scouts of America sought bankruptcy protection in February 2020 to halt thousands of lawsuits by men who said they were molested as youngsters by Scoutmasters or other leaders. The filing was part of an attempt to reach a global resolution of abuse claims and...

Tokyo Olympics cost $15.4 billion. What else could that buy?

Aug. 06, 2021 23:28 PM EDT

TOKYO (AP) — The official price tag for the Tokyo Olympics in $15.4 billion, which a University of Oxford study says is the most expensive on record. What else could those billions buy? The ballpark figure for building a 300-bed hospital in Japan in $55 million. So you...

U of Illinois to open offices in India to recruit students

Jul. 25, 2021 09:19 AM EDT

URBANA, Ill. (AP) — The University of Illinois system is setting up offices in India to help recruit students and build relationships with academic and corporate partners. India already is one of the top countries of origin for students at the University of Illinois...

Charleston's clay-court women's event gets new sponsor

Jul. 21, 2021 18:37 PM EDT

CHARLESTON, S.C. (AP) — Charleston's WTA event will have a renovated stadium and a new sponsor for 2022. Tournament organizers said Wednesday that Credit One Bank has committed to be a multi-year title sponsor of the event that had been called the Volvo Car Open from...

Olympics, pandemic and politics: There's no separating them

Jul. 21, 2021 04:47 AM EDT

TOKYO (AP) — Over and over, year after year, the stewards of the Olympics say it: The Games aren't supposed to be political. But how do you avoid politics when you're trying to pull off an event of this complexity during a lethal and protracted pandemic? Consider: ...