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☆ Cramer's Lightning Round: Bank of America is a buy
▼ + stars: | 2024-05-10 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Biogen's year-to-date stock performance. Stock Chart Icon Stock chart icon Kratos' year-to-date stock performance. Micron : "I like Micron, and I like Sanjay Mehrotra [buy, buy, buy!]." Stock Chart Icon Stock chart icon Bank of America's year-to-date stock performance. Stock Chart Icon Stock chart icon Chevron's year-to-date stock performance.

Persons: Kratos, that's, Sanjay Mehrotra Organizations: Micron, of America's, Fidelis Insurance Holdings

☆ A Lifetime Under the Moon’s Shadow
▼ + stars: | 2024-04-02 | by ( Dennis Overbye | ) www.nytimes.com time to read: +1 min

A total solar eclipse, when the cosmos clicks into place with the worlds aligned like cue balls, may be one of the most profoundly visceral experiences you can have without ingesting anything illegal. Eight times, I’ve been through this cycle of light, darkness, death and rebirth, feeling the light melt and seeing the sun’s corona spread its pale feathery wings across the sky. As you read this article, I will be getting ready to go to Dallas, along with family and old friends, to see my ninth eclipse. One old friend won’t be there: Jay M. Pasachoff, who was a longtime astronomy professor at Williams College. I’ve stood in the shadow of the moon with him three times: on the island of Java in Indonesia, in Oregon and on a tiny island off Turkey.

Persons: I’ve, won’t, Jay M, Pasachoff, Jay Organizations: Williams College Locations: Dallas, Java, Indonesia, Oregon, Turkey

☆ Meme stocks are back in fashion. Here's how to find one.
▼ + stars: | 2024-04-01 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're breaking down how to identify a meme stock . Three years after GameStop upended things, meme stocks are back in fashion. But how does one find a meme stock? (Trump Media doesn't technically qualify as a meme stock under Sosnick's criteria due to the amount of low short interest. Maintaining long-term support for a meme stock remains a tough nut to crack.

Persons: —, Mark Zuckerberg, Satya Nadella, Jenny Chang, Rodriguez, There's, Steve Sosnick, Business Insider's Matthew Fox, David Becker, Chelsea Jia Feng, Donald Trump's, Trump, Bill Gross, BI's Peter Kafka, there's, it's, Pedro Ribeiro Simões, …, Matt Chase, they're, OpenAI's Sam Altman, Sora, Meta, Tyler Le, Jack Canfield's, Jay Marine, Amazon's, Jeff Bezos, Antony Blinken, Emmanuel Macron, Dan DeFrancesco, Hallam Bullock, Grace Lett, Lisa Ryan Organizations: Business, Service, Getty, GameStop, Interactive, Business Insider's, Trump Media, Technology Group, AMC Entertainment, Big Tech, Hollywood, Facebook, NBA, FOX Locations: YOLO, hodlers, Silicon, Paris, Ukraine, Gaza, New York, London, Chicago

☆ Insiders break down Amazon's sports strategy and the low-key but powerful exec behind it, as the tech giant eyes NBA rights
▼ + stars: | 2024-03-29 | by ( Lucia Moses | ) www.businessinsider.com time to read: +7 min

One of them is Jay Marine, who oversees Amazon's sports business as VP of Prime Video and global head of sports. Chris Graythen/Getty ImagesMarine's next move could be for the NBA, which Amazon craves for its young, global fan base. Advertisement"For us, everything starts with Prime," Marine told CNBC in a rare interview last fall. AdvertisementApart from its big bet on "TNF," Amazon's sports moves have been largely incremental. The deal lets Diamond continue airing local NBA broadcasts, which makes it more likely Amazon will bid for national NBA rights, analyst Ben Thompson of Stratechery wrote.

Persons: —, Jeff Bezos, Jay Marine, Bezos, Andy Jassy, Chris Webber, Tyrone Wheatley, scrappy, Chris Graythen, Ben Thompson, Stratechery, Marine, Patrick Crakes, it's, Marie Donoghue, Mike Hopkins, Amazon's, John Kosner, Donoghue, Kantar, signups, He's Organizations: Service, Marine, Business, US, Premier League soccer, Industry, The, Sports, WBD, NASCAR, NBC, NBA, Amazon, Disney, Warner Bros, Discovery, Apple, Netflix, CNBC, Amazon MGM Studios, Premier Boxing Champions, Diamond Sports, Diamond, Premier League, WNBA, National Women's Soccer League . Media, ESPN, DraftKings, Warner Bros . Locations: London, The New Jersey, Amazon

☆ The likelihood of mortgage rates going down is pretty low, says Wedbush's Jay McCanless
▼ + stars: | 2024-03-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe likelihood of mortgage rates going down is pretty low, says Wedbush's Jay McCanlessJay McCanless, Wedbush housing analyst, joins 'Squawk on the Street' to discuss the analyst's concerns with some housing stocks, where the analyst has buy ratings in the housing sector, and more.

Persons: Wedbush's Jay McCanless Jay McCanless

☆ The Players Championship 2024: How to watch Scottie Scheffler’s bid to make history at golf’s ‘fifth major’
▼ + stars: | 2024-03-14 | by ( Jack Bantock | ) edition.cnn.com time to read: +6 min

3 Jon Rahm given LIV Golf players are absent from the PGA Tour’s flagship tournament. Yet while no stars from LIV Golf will be represented in Florida, the presence of the Saudi-backed venture has loomed large over the 50th edition of golf’s ‘fifth major.’World No. Speaking ahead of The Players Championship, Monahan had said long-running reconciliation talks with LIV Golf were “going to take time” but “accelerating.”How can I watch The Players Championship? PGA Tour Live – which includes coverage of featured holes and groups – is available exclusively to those with ESPN+. Michael Reaves/Getty ImagesThe absence of any LIV Golf players means three of the world’s top-50 ranked players are missing; Rahm (3), Tyrrell Hatton (16), and Brooks Koepka (31).

Persons: Scottie, Jon Rahm, LIV, golf’s, Xander Schauffele, Jay Monahan, ”, Monahan, LIV Golf, Jared C, Tilton, –, Arnold Palmer, Rory McIlroy, teeing, Nick Dunlap, Dunlap, Matthieu Pavon, Jake Knapp, Austin Eckroat, Orlando Ramirez, Tiger Woods, ” Woods, Woods, Michael Reaves, Rahm, Tyrrell Hatton, Brooks Koepka, Cameron Smith, Phil Mickelson, Sergio Garcia, Henrik Stenson, “ You’ve, ” Monahan, “, ” Rahm, I’m, ” Scheffler, Scheffler Organizations: CNN, PGA Tour’s, PGA, NBC, ESPN, Sky Sports, Getty, TPC, Arnold Palmer Invitational, American Express, November’s Locations: Florida, Saudi, United Kingdom, that’s

☆ AI deepfakes are poised to enter court proceedings at time of low trust in legal system
▼ + stars: | 2024-03-06 | by ( Rachel Curry | ) www.cnbc.com time to read: +6 min

"The chances of someone abusing this technology today is likely already happening," said Jay Madheswaran, CEO and co-founder of AI legal case assistant Eve. This is a threat to the judicial system around the world. The risk of alteration in the judicial processIn addition to the risk of altered evidence, streamlining court reporting with AI opens up the doors to alteration. Traditional court reports take an oath of accuracy and impartiality, something that could be lost with AI without appropriate legislation. According to the National Artificial Intelligence Act of 2020, AI can "make predictions, recommendations or decisions influencing real or virtual environments."

Persons: Sora, Jay Madheswaran, Sarah Thompson, Thompson, Kristin Anderson, Melissa Buchman, Madheswaran, deepfakes Organizations: National Court Reporters Association, Los Angeles San, Los Angeles San Francisco Daily Journal, Stanford University, Federal, MIT, Northwestern, National Artificial Intelligence, deepfakes, Pew Research Center Locations: Judicial, Denton County , Texas, California, Los Angeles San Francisco, American

Two names are likely to draw attention: LeBron James, the superstar basketball player, and Drake, the rapper. James and Drake are committing additional capital as “strategic investors,” and are expected to use their marketing power to help the tour broaden its audience. James and the PGA Tour commissioner, Jay Monahan, were at the home of Tom Werner, F.S.G.’s chairman, recently discussing just that, DealBook hears. Fans may see the stars around the greens, perhaps in the same way Drake is a frequent courtside presence at Toronto Raptors games. I remember some of my best childhood memories was being on the golf course with my uncle,” Drake said in a statement to DealBook.

Persons: LIV Golf, wasn’t, LeBron James, Drake, Steve Cohen, Arthur Blank, Marc Lasry, James, Jay Monahan, Tom Werner, F.S.G, ’, DealBook, ” Drake, “, ” Organizations: Fenway Sports Group, PGA, PGA Tour, Toronto Raptors Locations: Saudi

☆ In Alabama, patients are praying for a change of heart on access to IVF
▼ + stars: | 2024-02-25 | by ( Meg Tirrell | ) edition.cnn.com time to read: +5 min

“It’s just frustrating, and it’s sad, and it’s heartbreaking,” Hardin said Thursday, the same day her clinic, Alabama Fertility Specialists, said it was temporarily stopping in vitro fertilization, or IVF, treatments because of legal risk. “I am a huge follower of Jesus,” said Hardin, who leads a group at her church for people who’ve had fertility issues. Those embryos are kept frozen in storage until they’re transferred in hopes of leading to a new pregnancy, or donated or discarded. The legal limbo has drawn the members of Hardin’s church group to lean on each other even more, she said. In July, she and her husband started the process for IVF, going through egg retrieval and freezing embryos, before she had hip surgery for a genetic condition.

Persons: Paula Jean Hardin, Wes, Hardin, “ It’s, ” Hardin, Jay Mitchell, Tom Parker, ”, Jesus, who’ve, “, –, ” Lauren Pleitz, ” Pleitz, Pleitz, Dr, Sanjay Gupta, ” CNN’s Isabel Rosales, Amanda Musa Organizations: CNN, Alabama Fertility, University of Alabama, Center for Reproductive, CNN Health Locations: Alabama, Tuscaloosa, Birmingham

☆ Republicans are panicking about IVF treatment being restricted in Alabama
▼ + stars: | 2024-02-23 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +4 min

The former president's statement came as Republicans try to distance themselves from an Alabama ruling. The Alabama Supreme Court controversially found that frozen embryos are children. AdvertisementFormer President Donald Trump on Friday broke his silence on a controversial Alabama Supreme Court ruling that has threatened the future of access to in vitro fertilization. Trump's comments come after the White House and Democrats have torn into Republicans over the Alabama ruling. Alabama Attorney General Steve Marshall's office said that he "has no intention of using the recent Alabama Supreme Court decision as a basis for prosecuting IVF families or providers."

Persons: Trump, —, Donald Trump, Roe, Wade, Joe Biden's, Kellyanne Conway, NRSC, Jason Thielman, kZR5LqRt5p — Lauren Fox, Zev Williams, Kevin Stitt, Stitt, Politico, Jay Mitchell, Mitchell, Steve Marshall's, Kay Ivey Organizations: Alabama Supreme, Service, White House, Democrats, The New York Times, Senate Republican, Republican, Trump White House, National Republican, CNN, Pew Research Center, Columbia University Fertility Center, Oklahoma Gov, GOP, US, Alabama Republicans, Alabama Locations: Alabama, America, Oklahoma

But the judge angrily told prosecutors that their questions to the witness had crossed the line. Jam Master Jay, born Jason Mizell, was shot dead in his recording studio on Oct. 30, 2002. After lengthy discussion, DeArcy Hall decided the trial could continue, with a caveat: She told jurors to disregard the two questions and their answers. Misorek was cleared to ask whether Washington “said anything else about Jam Master Jay's murder.”“Um, he just said that he killed him,” McDonald said, and that answer was allowed to stand. Prosecutors and an eyewitness say Jordan shot the rap star while Washington stood at the door and brandished a gun.

Persons: Jay, LaShann DeArcy, Jason Mizell, Ronald Washington, Karl Jordan Jr, Daynia McDonald, Mizell, Washington, “, ’ ”, Mark Misorek, ”, McDonald, Susan Kellman, Artie McConnell, DeArcy Hall, Misorek, Washington “, Jay's, ” McDonald, Jordan, gunning Organizations: — Defense, District, Washington, U.S, Prosecutors Locations: U.S, Jordan, Washington

Those heavy lead aprons may be on their way out at the dentist office, depending on where you live. The nation's largest dental association said Thursday it will no longer recommend the use of lead aprons and thyroid collars on patients who are getting dental X-rays. Photos You Should See View All 45 Images“It’s like taking a flight from, let’s say, from Michigan to San Francisco, it gives you the equivalent of one dental X-ray,” Kumar said. True change depends on state dental boards, dentists and patients, Kumar said. It will take advocacy and education to change more minds around the use of the aprons among patients, dentists and policymakers, he said.

Persons: Purnima Kumar, ” Kumar, Kumar, Sanjay Mallya, ”, Mallya, Robert Wood Johnson Organizations: American Dental Association, Scientific Affairs, University of California, American Academy of Oral, U.S . Food, Drug Administration, Associated Press Health, Science Department, Robert Wood Johnson Foundation, AP Locations: Michigan, San Francisco, California, Los Angeles

PEBBLE BEACH, Calif. (AP) — The PGA Tour is getting a $3 billion investment from Strategic Sports Group in a deal that would give players access to more than $1.5 billion as equity owners in the new PGA Tour Enterprises. PGA Tour Commissioner Jay Monahan was holding a conference call with players about the deal that was finalized Tuesday night. Political Cartoons View All 253 Images“By making PGA Tour members owners of their league, we strengthen the collective investment of our players in the success of the PGA Tour,” Monahan, who will be CEO of PGA Tour Enterprises, said in the formal announcement. While specific details of the equity ownership program were not announced, the initial grants would be based on career accomplishments, recent achievements and PGA Tour status. The European tour was part of the framework agreement on June 6, and it has a strategic alliance with the PGA Tour.

Persons: LIV Golf, Jay Monahan, ” Monahan, Marc Attanasio, Arthur Blank, Steven Cohen, Wyc Grousbeck, Tom Werner, John Henry, Marc Lasry, Alec Scheiner, ”, Henry, Woods, Patrick Cantlay, Adam Scott, Jordan Spieth, Webb Simpson, Peter Malnati, Yasir Al, Sen, Richard Blumenthal, Conn, LIV, Dustin Johnson, Brooks Koepka, Phil Mickelson, Bryson DeChambeau, PIF, Jon Rahm, Tyrrell Hatton, ___ Organizations: Strategic Sports Group, Tour Enterprises, PGA Tour, SSG, Associated Press, Washington Post, Public Investment Fund, PGA, SSG —, Tour, Fenway Sports Group, Milwaukee Brewers, Atlanta Falcons, New York Mets, Boston Celtics, Boston Red Sox, Milwaukee Bucks, Cleveland Browns, RedBird, Fenway Sports, PGA Tour Enterprises, Saudi, Monday, PIF Locations: Calif, Saudi, Saudi Arabia, PIF, Mexico

☆ PGA Tour secures up to $3 billion from U.S. investors as LIV Golf merger hangs in the balance
▼ + stars: | 2024-01-31 | by ( Jessica Golden | ) www.cnbc.com time to read: +3 min

The PGA Tour logo is seen during the third round of the Travelers Championship at TPC River Highlands in Cromwell, Connecticut, on June 24, 2017. A U.S. consortium has agreed to invest up to $3 billion into the PGA Tour, the professional golf organization announced on Wednesday. Under the terms of the deal, the investor, Strategic Sports Group, will become a minority owner in PGA Tour enterprises, the for-profit entity of the PGA Tour. "Today marks an important moment for the PGA Tour and fans of golf across the world," PGA Tour Commissioner Jay Monahan said. "By making PGA Tour members owners of their league, we strengthen the collectives investment of our players in the success of the PGA Tour," Monahan said.

Persons: LIV, PIF, Jay Monahan, " Monahan, Fenway Sports Group's John Henry, Arthur Blank, Steve Cohen, Tom Ricketts, Wyc Grousbeck, John Henry, Monahan, Henry, Yasir Al, Rumayyan, Critics, Prince Muhammad bin Salman, LIV Golf, Phil Mickelson, Dustin Johnson, Brook Koepka, John Rahm Organizations: PGA Tour, Strategic Sports Group, Saudi, PGA, Fenway Sports, Atlanta Falcons, Arthur Blank , New York Mets, Chicago Cubs, Boston Celtics, Fenway Sports Group, Saudi Public Investment Fund, Saudi Public Investment, CNBC, Justice Department Locations: Cromwell , Connecticut, U.S, Arthur Blank ,, Saudi Arabia, Saudi

☆ PGA Tour Raises $1.5 Billion From Group of U.S. Investors
▼ + stars: | 2024-01-31 | by ( Lauren Hirsch | ) www.nytimes.com time to read: +1 min

The PGA Tour announced on Wednesday that it had reached a deal to raise more than $1.5 billion from a group of U.S. investors, led by the Fenway Sports Group, the parent company of the Boston Red Sox and Liverpool Football Club. The deal would give the PGA Tour a significant amount of cash at a time when it is facing steep competition from its well-financed rival, LIV Golf, which is backed by Saudi Arabia’s sovereign wealth fund. The influx of money raises questions about whether a deal the PGA struck six months ago to align itself with the Saudi wealth fund remains necessary. The PGA and the Saudi fund initially set a Dec. 31 deadline to work out details and finalize their deal. The tour’s commissioner, Jay Monahan, said Wednesday on a call with PGA players before the official announcement that the tour “does remain in active and frequent dialogue” with representatives for the Saudi wealth fund.

Persons: LIV Golf, Jay Monahan Organizations: PGA, Fenway Sports Group, Boston Red Sox, Liverpool Football Club, Tour, Saudi Locations: U.S, Saudi, Saudi Arabia

☆ Steve Cohen and other sports investors set to pump billions into the PGA Tour
▼ + stars: | 2024-01-29 | by ( Aaron Mok | ) www.businessinsider.com time to read: +2 min

A US sports consortium is set to pump billions into the PGA Tour, according to a new report. The PGA Tour didn't immediately respond to a request for comment from Business Insider before publication. The major investment comes amid an ongoing rivalry between the PGA Tour and LIV Golf. Families of the 9/11 terrorist attacks criticized the PGA Tour for the merger, classifying the decision as a demonstration of "hypocrisy and greed." "We cannot compete with a foreign government with unlimited money," Jay Monahan, the commissioner of PGA Tour, told The Wall Street Journal regarding the merger.

Persons: Steve Cohen, Cohen, Marc Lasry, LIV Golf, LIV, Phil Mickelson, Jay Monahan Organizations: PGA, Strategic Sports Group, Saudi Public Investment Fund, Bloomberg, Business, New York Mets, Cohen Private Ventures, Milwaukee Bucks, Fenway Sports, PGA Tour Enterprises, LIV Golf, Saudi Arabia's Public Investment Fund, PGA Tour, Wall

☆ Jam Master Jay murder jury views graphic crime scene photos in death of Run-DMC DJ
▼ + stars: | 2024-01-29 | by ( Laura Italiano | Natalie Musumeci | ) www.businessinsider.com time to read: +6 min

"He died instantly," prosecutor Miranda Gonzalez told jurors, shot in the head at such close range, his hair was singed. Then, "as quickly as they came, they fled," she told jurors. AdvertisementMizell "had a tremendous amount of blood already pooled on the floor," the detective told jurors. "It was an ambush, an execution, motivated by greed and revenge," Gonzalez told jurors. AdvertisementProsecutors allege that before Mizell's death, Mizell told Washington that Washington would not be involved in the drug distribution in Maryland, which led the suspects to plot to kill Mizell.

Persons: —, Jason William Mizell —, Jay —, Miranda Gonzalez, Karl ", Jordan Jr, Ronald, Tinard, James Lusk, Lusk, Tony Rincon, Mizell, Gonzalez, Mizell's, Artie McConnell, Jay Bryant, Jason Mizell, Seth D, DuCharme, Washington, Jordan, he'd, John Diaz, Ezra Spilke Organizations: Service, Business, Queens, of, Jordan, EMS, Eastern, Prosecutors, Associated Press . Locations: New York, Washington, of New York, Jordan, Jamaica, Queens, Rincon, Maryland, Associated Press . Washington

☆ Lockheed Martin to cut 1% of its jobs in cost-cutting push
▼ + stars: | 2024-01-26 | by ( ) www.cnbc.com time to read: +1 min

Lockheed Martin's Tranche 0 Transport Layer satellites are seen in one of the company's processing facilities. Lockheed Martin will cut 1% of its jobs over the course of the year in a bid to cut costs and streamline operations, a company spokesperson said on Friday. The cost reductions will aid the company in transforming its operations digitally. "We're driving cost reduction in our direct cost base through supply chain optimization, factory productivity and also on 1LMX-driven efficiencies," Lockheed Martin CFO Jay Malave said in the company's post-earnings conference call on Tuesday. Lockheed on Tuesday forecast its 2024 profit below Wall Street expectations, citing supply chain disruptions in its largest aeronautics segment which makes F-35 jets.

Persons: Lockheed Martin's, Lockheed Martin, Jay Malave, 1LMX Organizations: Lockheed Locations: Maryland, China, Philippines, Russia, Ukraine

☆ Investing in Space: Sector led Lockheed and Northrop growth last year
▼ + stars: | 2024-01-25 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +3 min

CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. But, when Lockheed Martin and Northrop Grumman both reported 2023 results this week, it was a different story. For both companies, space was the top segment for sales growth in 2023 — by a wide margin. You'd think with such strong results, space would be a highlight of quarterly earnings calls. But for both Lockheed and Northrop, executives and analysts still only mentioned space in passing.

Persons: CNBC's Michael Sheetz, Lockheed Martin, Northrop Grumman, Northrop, Morgan Brennan, Jay Malave, It's, it's, We've Organizations: Lockheed, Northrop, Vulcan, Boeing Locations: ULA

☆ The Match: Female golfers take part in competition for the first time in historic edition
▼ + stars: | 2024-01-23 | by ( Callum Sutherland | ) edition.cnn.com time to read: +5 min

CNN —From NFL quarterback greats locking horns to clashes between golf’s most notorious rivals, Capital One’s The Match series has delivered on a unique approach to entertainment in recent years. Next month, the ninth and latest edition is set to make even more history: for the first time, the series will include female participants. ET (11:30 p.m. GMT) on February 26, Capital One’s The Match will take place under lights across a 12-hole event at The Park course in West Palm Beach, Florida. Warren Little/Getty ImagesAt 28, Thompson is already a seasoned champion, boasting a major title – the 2014 Chevron Championship – among her 11 LPGA Tour victories. In October, she became just the seventh woman to compete on the PGA Tour.

Persons: Rory McIlroy, Lexi Thompson, Rose Zhang, Max Homa, Michael Reaves, –, Jay Monahan, ’ McIlroy, Tiger Woods, Justin Thomas, Jordan Spieth, Jordan, ”, McIlroy, ” McIlroy, “ It’ll, Thompson, Zhang, Warren Little, Jennifer Kupcho, “ It’s, Homa Organizations: CNN, NFL, Capital, TNT Sports, USA, Golf, Hawaii, PGA, JT, Hero Dubai, LPGA, Northern Ireland, Emirates Golf Club, Chevron, –, Stanford, Mizuho, Team Europe, Ryder, Turner Sports, Warner Bros, Discovery, Warner Bros . Locations: West Palm Beach , Florida, United States, Florida, American, Rome

☆ Drop in home price appreciation leading to negative home equity: Wedbush's Jay McCanless
▼ + stars: | 2024-01-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDrop in home price appreciation leading to negative home equity: Wedbush's Jay McCanlessJay McCanless, Wedbush housing analyst, joins 'Squawk on the Street' to discuss how the 'purchase-centric' housing market will play out, whether changing yields move the demand for mortgages, and more.

Persons: Wedbush's Jay McCanless Jay McCanless

☆ PGA Tour and LIV Golf are working to extend merger deadline into 2024
▼ + stars: | 2024-01-01 | by ( Jessica Golden | ) www.cnbc.com time to read: +2 min

PGA Tour and LIV Golf are working to extend their proposed merger deadline, which was originally set at Dec. 31, Commissioner Jay Monahan told players in a memo on Sunday. The delay is the latest update in a long and tumultuous saga between the PGA Tour and Saudi Public Investment Fund-backed LIV Golf that has divided players and could dramatically change professional golf if the merger is completed. PGA Tour and LIV are expected to make a formal decision on the combination ahead of the Masters tournament in April, according to The Telegraph, which first reported the extension. Under the structure of the agreement, PGA Tour would hold a permanent controlling interest in the new entity's board of directors. The agreement also includes the DP World Tour, also known as the PGA European Tour.

Persons: LIV Golf, Jay Monahan, LIV, Monahan Organizations: THE, Sawgrass, CNBC, PGA Tour, Saudi Public Investment Fund, Strategic Sports Group, Saudi, Public Investment Fund, PGA Tour Enterprises, U.S, Fenway Sports Group, The, PGA European, U.S . Federal Trade Commission, Justice Department Locations: Ponte Vedra Beach , Florida

KHAVDA, India (AP) — Rising from the bare expanse of the large salt desert that separates India from Pakistan is what will likely be the world's largest renewable energy project when completed three years from now. The solar and wind energy project will be so big that it will be visible from space, according to developers of what is called the Khavda renewable energy park, named after the village nearest to the project site. Shifting to renewable energy is a key issue at the ongoing COP28 climate summit. Once completed, it will supply 30 gigawatts of renewable energy annually, enough to power nearly 18 million Indian homes. Given this, Virmani said there is enough land in Kutch for various renewable energy projects.

Persons: ”, KSRK Verma, Khavda, Verma, “ It’s, Vneet Jaain, Adani, Gautam Adani, Adani Green, ” Ajay Mathur, Mathur, Abi T Vanak, Vanak, Sandip, Virmani, Hirelal Rajde, “ Organizations: Associated Press, Adani Green Energy Limited, Adani, Adani Group, Hindenburg, Group, International Solar Alliance, Ashoka Trust for Research, Twitter, AP Locations: KHAVDA, India, Pakistan, Singapore, Rann, Kutch, India’s Gujarat, China, United States, Bengal, Ahmedabad, Jaain, U.S, Mundra, Gujarat, Europe, Africa, Bengaluru, Denmark, Khavda

☆ Jay Monahan on the record: PGA Tour commissioner on LIV deal, medical leave of absence
▼ + stars: | 2023-12-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJay Monahan on the record: PGA Tour commissioner on LIV deal, medical leave of absenceCNBC's Andrew Ross Sorkin discusses his interview with PGA Tour commissioner Jay Monahan at The New York Times' DealBook Summit.

Persons: Jay Monahan, LIV, CNBC's Andrew Ross Sorkin Organizations: PGA, The New York Times

This year’s DealBook Summit will include conversations with global leaders and powerful figures from Wall Street, Silicon Valley and Hollywood. Jamie Dimon has been the chief executive of JPMorgan Chase since 2006 and its chairman since 2007, making him one of Wall Street’s longest-serving banking leaders. Bob Iger returned as Disney’s chief executive last year, after stepping down from the role in 2020. David Zaslav orchestrated Discovery’s takeover of WarnerMedia and became the chief executive of the new company, Warner Bros. The transaction helped transform his modest cable television company into an empire that includes the Warner Bros. movie and TV studios, HBO and CNN.

Persons: Andrew Ross Sorkin, Kamala Harris, Ms, Harris, Biden’s, Tsai Ing, Tsai, Elon Musk, Musk, Jamie Dimon, Jensen Huang, chipmaker, Bob Iger, Long, Iger, Lina Khan, Khan, ”, David Zaslav, Jay Monahan, LIV Golf, Monahan, Kevin McCarthy, Mr, McCarthy, Shonda Rhimes, Rhimes Organizations: Wall, Israel, Elon, SpaceX, JPMorgan Chase, First, Nvidia, Fox, Marvel, Pixar, Hollywood, ESPN, Federal Trade Commission, Columbia Law, WarnerMedia, Warner Bros, HBO, CNN, Republican, Republican Party, Shondaland, Netflix Locations: Silicon Valley, Hollywood, United States, California, San Francisco, Gaza, Taiwan, China, First Republic, Saudi

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