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☆ Travel news: ‘World’s largest wildlife crossing’ being built in Los Angeles
▼ + stars: | 2024-04-20 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +4 min

CNN —In travel news this week: the world’s best and busiest airports, the European capital banning new hotels, the Hawaiian attraction being removed because of bad tourist behavior, plus the real-life animal crossing being built over a California freeway. Snakes will, however, be very welcome on “the world’s largest wildlife crossing,” under construction over the major 101 Freeway in Los Angeles. The Wallis Annenberg overpass will span 10 lanes and provide safe passage for mountain lions, coyotes, bobcats, toads and even ants. World’s best and busiest airportsThe world’s busiest airports were revealed in an annual ranking released Monday, with Atlanta’s Hartsfield-Jackson International holding strong in the No. US National Park Week starts April 20, kicking off with a free entry day on Saturday to all NPS sites.

Persons: Wallis, It’s, Alyssa Kopp, Mary Gomes Kopp, Doha’s, Florence’s, it’s, America’s Organizations: CNN, Aegean Airlines, Atlanta’s Hartsfield, Jackson International, UAE, Qatar, Doha’s Hamad international Airport Locations: California, Tokyo, Osaka, Los Angeles, Crete, Europe, Dubai, Amsterdam, Netherlands, Canary, Spanish, Africa, Italy, Ponte, Lake Mead, Hawaii

☆ Florence’s famed Ponte Vecchio to be restored to former glory with two-year makeover
▼ + stars: | 2024-04-12 | by ( Barbie Latza Nadeau | Issy Ronald | ) edition.cnn.com time to read: +3 min

CNN —In the seven centuries since the Ponte Vecchio was first built in Florence, Italy, the bridge has watched the city changing around it, surviving floods, fires and the Nazi invasion in World War II. Now, the famed bridge itself is getting a two-year makeover, at the cost of about €2 million, to restore it to its former glory, the city of Florence and the Marchesi Antinorini winemakers announced on Wednesday. “This is a historic project because Ponte Vecchio has never had a restoration intervention of this technical complexity,” Florence’s mayor Dario Nardella told reporters on Thursday. Such is the Ponte Vecchio’s significance that it was the only bridge across the Arno River spared by the retreating German army towards the end of World War II. Previous replacement joints will be upgraded, the stone itself will be strengthened and the footpath’s stone will be restored too.

Persons: Vecchio, Ponte Vecchio, ”, Dario Nardella, “, Marchesi Antinori, Piero Antinori, Tod’s Organizations: CNN, Diesel Locations: Florence, Italy, Nazi, Venice

☆ A Jacksonville Jaguars ex-employee was given 78 months in prison after stealing $22 million that his lawyers said he later lost on Draft Kings and FanDuel
▼ + stars: | 2024-03-13 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

A Jaguars ex-employee has been sentenced to 78 months in prison for stealing $22 million from the team. Amit Patel, 31, spent almost all of the money on losses on Draft Kings and FanDuel, his lawyers said. Prosecutors said Patel also used the cash to buy private flights, luxury items, and cars. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA former Jacksonville Jaguars employee who pleaded guilty to stealing $22 million from the team was sentenced to six and a half years in prison on Tuesday.

Persons: Amit Patel, FanDuel, Prosecutors, Patel, —, undoubtably, Tiger Woods, Philippe, Megha Parekh, Parekh, Henry Lee Adams Jr Organizations: Jaguars, Service, Jacksonville Jaguars, Justice Department, Tesla, Nissan, Associated Press, BI, ESPN, NFL Locations: District, Florida, Beach , Florida

☆ Why The Players Championship is called golf’s ‘fifth major’
▼ + stars: | 2024-03-12 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +4 min

1 Scottie Scheffler is aiming to do something unprecedented this week – retain The Players Championship title. What is The Players Championship? The Players Championship is an annual event on the PGA Tour. Why is The Players Championship so important? Players that are signed to the Saudi-backed rival LIV Golf League are prohibited from competing at The Players and all other PGA Tour events.

Persons: Scottie Scheffler, golf’s, ’, Jack Nicklaus, Scheffler, Jared C, Tilton, Adam Scott, “, It’s, Sam Greenwood, Rory McIlroy, Justin Thomas, LIV, Cameron Smith, LIV Golf Organizations: CNN, American, PGA, The, Sunshine State, U.S ., Getty, ”, Sky Sports, PGA Tour, LIV Golf League Locations: Ponte Vedra Beach , Florida, Saudi

☆ Mikaela Shiffrin: Ski superstar tells CNN she was ‘lucky’ to escape major damage in high-speed crash
▼ + stars: | 2024-02-08 | by ( Ben Church | Don Riddell | ) edition.cnn.com time to read: +7 min

CNN —US skiing star Mikaela Shiffrin has set no timeline for her return to the slopes as she continues her recovery process following a high-speed crash in January. “This one, to be honest, I kind of saw it coming from the air, a little bit,” she added. “I was trying to avoid that scenario, but it also happens fast enough there’s not a lot you can do about it. Shiffrin rushed to his side at the hospital and was with him when he woke up from surgery. He just makes everyone around him smile.”Mikaela Shiffrin says she was lucky to avoid serious injury during a crash last month.

Persons: Shiffrin, ”, CNN Sport’s Don Riddell, ” Shiffrin, Aleksander Aamodt Kilde, “, Mikaela Shiffrin, Jonas Ericsson, Kilde, he’s, we’ve, Sofia Goggia, “ You’re, “ I’m, Taylor Swift, Travis Kelce, , I’ve Organizations: CNN, Agence, Federation, Kansas City Chiefs, San Francisco 49ers, Chiefs Locations: Italy, Andorra, Norwegian, Wengen, Switzerland, Italian, Ponte di Legno

☆ Sofia Goggia: Italian skier suffers double-fracture, becoming latest skier to suffer serious injury this season
▼ + stars: | 2024-02-06 | by ( Ben Church | Ivana Scatola | ) edition.cnn.com time to read: +1 min

CNN —Sofia Goggia has become the latest skier to suffer a serious injury this season, after the Italian star broke her leg during a training crash on Monday. In a statement on Monday, the Italian Winter Sports Federation (FISI) said Goggia underwent “perfectly successful” surgery on a “displaced joint fracture” on her right leg. Goggia is the reigning World Cup downhill champion and is currently leading this season’s competition. “Another injury that interrupts my chase after a new Downhill World Cup title,” Goggia said in the FISI statement. It’s also another incident involving a World Cup skier this season.

Persons: CNN — Sofia Goggia, Goggia, “, ” Goggia, It’s, Mikaela Shiffrin, –, Aleksander Aamodt Kilde Organizations: CNN —, Winter Sports Federation, Eurosport Locations: Ponte di Legno, Italy

PONTE VEDRA BEACH, Fla. (AP) — Bernhard Langer tore his Achilles tendon while exercising and had surgery on Friday, putting the 66-year-old German out of golf during a year he planned to play the Masters one last time. Langer last year broke Hale Irwin's record for PGA Tour Champions victories when he won twice to reach 46 titles on the 50-and-older circuit. Masters champions have a lifetime exemption, and it's possible Langer could still return next year for one last Masters. “Yesterday, during training exercises in Boca Raton, I tore my Achilles tendon. “It’s going to be very emotional, especially Augusta, because it’s been a big part of my life,” Langer said.

Persons: — Bernhard Langer, Langer, Hale, ” Langer, “ It’s, it’s, “, ___ Organizations: Augusta National, PGA, U.S . Senior, U.S ., Pinehurst Locations: BEACH, Fla, Boca Raton, Florida, Augusta

☆ Mass tourism has turned Florence into a ‘prostitute,’ museum boss says, sparking outrage
▼ + stars: | 2024-01-30 | by ( Barbie Latza Nadeau | ) edition.cnn.com time to read: +4 min

Rome CNN —Mass tourism has turned the Italian city of Florence into a “prostitute,” the director of Galleria dell’Accademia has said, sparking anger and calls for her to step down. Florence mayor Dario Nardella told Florence City Council on Monday that the city deserved respect and that tourism employs thousands of people. With the Academy, for example, we have tried to enhance every extraordinary part of it,” she said in the museum statement sent to CNN Tuesday. Italy’s culture minister Sangiuliano said his ministry would look further into the matter, but called Hollberg’s words “serious and offensive” in nature. “According to the director of the museum, therefore, Florentines are the children of a prostitute and the tourists are the clients of a prostitute?

Persons: Rome, Cecilie Hollberg, ”, —, Dario Franceschini, Giorgia Meloni, Dario Nardella, ” Nardella, Petr Svarc, Matteo Renzi, “, Gennaro Sangiuliano, Hollberg, Florence, “ I’m, ‘, Sangiuliano, Alessia Bettini, ” Bettini Organizations: Rome CNN, Florence, Florence City Council, UNESCO, Accademia, Academy, CNN, “ Locations: Italian, Florence, dell’Accademia, “, Venice, Italy

☆ 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

☆ Anthony Holden, Royal Chronicler Who Ruffled the Palace, Dies at 76
▼ + stars: | 2023-10-26 | by ( Penelope Green | More About Penelope Green | ) www.nytimes.com time to read: +1 min

The cause was a brain tumor, his son Ben said. Mr. Holden was writing the gossipy “Atticus” column — a frothy mix of politics and celebrity — for The Sunday Times in London when, in 1977, he was sent to cover Prince Charles’s visit to Canada to open the Calgary Stampede, a rodeo. The prince was sort of a dud assignment, but Mr. Holden made the best of it, even though the most interesting thing Prince Charles said to him was: “Married, are you? Fun, is it?”The column Mr. Holden wrote about the royal junket amused both Queen Elizabeth II and her son, now King Charles III, and Mr. Holden soon received a book deal to write a biography of Charles. Though he thought the subject was boring, the advance of 15,000 pounds was too large to turn down.

Persons: Anthony Holden, Shakespeare, Laurence Olivier, Lorenzo Da Ponte, Mozart’s, Ben, Holden, Atticus, Prince Charles’s, “ Atticus, ”, Brigitte Bardot, Rudolph Nureyev, Margaret Thatcher, Frank Sinatra, Prince Charles, “, Queen Elizabeth II, King Charles III, Charles . Organizations: The Sunday Times, Calgary Stampede Locations: British, London, Canada, China

Learn moreWhat you wear to work — much like what you wear on an eight-hour flight — can make all the difference in your day. Now, Spanx's Perfect Pant is a clear contender for the best black pants — the backbone of many a workplace wardrobe. The Perfect Black Pant borrows from the trademarks Spanx is renowned for, such as a smoothing, elongating effect. In other words, it's a really well-made iteration of the black work pant. Here's our review of Spanx's Perfect Pants.

Persons: Pant, pant, — Organizations: Business

☆ TPC Sawgrass: How one woman found her dream home on one of the world’s most famous golf courses
▼ + stars: | 2023-10-02 | by ( Jack Bantock | ) edition.cnn.com time to read: +9 min

“It was a really, really difficult decision,” Burchell told CNN. Rebecca BurchellBurchell’s focus had settled on Seven Mile Drive, a neighborhood that occupies the second-highest price bracket at Sawgrass Players Club. Michael Cohen / Getty ImagesThe view remains the star attraction of life in Sawgrass Players Club for Burchell, but it is far from the only draw. The clubhouse, pictured during the 2011 Players Championship, is the focal point of the community. Fans flock to the iconic 17th island green at TPC Sawgrass to watch Tiger Woods at the 2018 Players Championship.

Persons: Rebecca Burchell, Emma, Liam, Burchell, –, Rebecca’s, Mark, ” Burchell, ”, viewings, Rebecca Burchell Burchell’s, Pete Dye, Bobby Weed, Jerry Pate, that’s, “, I’ve, Michael Cohen, Scott Halleran, …, gridlock, Woods, Richard Heathcote, “ It’s Organizations: CNN, PGA Tour, Sawgrass Players, Burchell, TPC, Yards, Getty, University of Florida Locations: Beaconsfield, England, Ponte Vedra, Jacksonville , Florida, Jacksonville, Florida, Dye’s, Dye's

☆ She went on a solo trip to Italy. Right away she met the love of her life
▼ + stars: | 2023-09-22 | by ( Francesca Street | ) edition.cnn.com time to read: +14 min

CNN —Kacie Rose Burns walked into the Florence jazz bar, alone. “That place is, let’s say, unconventional for Florence,” Dario tells CNN Travel. And before long, Dario was planning a trip to visit New York. Then, Kacie and Dario packed up their life in New York and got ready to move across the Atlantic. While her social media presence was getting bigger, for the first few months in Florence, Kacie and Dario’s IRL world remained small.

Persons: CNN — Kacie Rose Burns, “ I’ll, Kacie, “, ”, ” Kacie, Italian I’ve, –, ‘, Florence, “ I’m, Dario, Jamie Lee, Dario Nencetti, ” Dario, Kacie he’d, he’d, It’s, Kacie Rose Burns, Florence’s Ponte, Lizzie McGuire, I’m, “ You’re, “ You’ll, Dario wasn’t, He’d, they've, York City’s, Kacie’s, She’d, thrall, Covid, They’d, Acclimatizing, didn’t, Italy It's, we’ve, he’s, “ We’re, I’ve, it’s Organizations: CNN, CNN Travel, Italian, Jazz, Firenze, York, IRL, Google Locations: Florence, Yorker, Italy, New York, Rome, Venice, there’s, Scotland, Japan, Miami, Kacie, Brooklyn, Kacie’s New York, “

☆ Michael Jordan’s ultra-private, ultra-exclusive personal golf course: The Grove XXIII
▼ + stars: | 2023-09-22 | by ( Jack Bantock | ) edition.cnn.com time to read: +11 min

Even as he was staking his claim in the 1990s as the greatest player the NBA has ever seen, the Bulls icon was a regular guest on the golf course. Bobby Weed Golf Design“Slaughterhouse 23”Weed had his two pillars for a great golf course — an engaged owner and a good piece of property, though the latter would require some polishing. Bobby Weed Golf DesignThe course didn’t just need to suit the playstyle of its owner, though, it needed to enhance it. Bobby Weed Golf DesignTaking a swingCompared to Bobby Weed Golf Design, Nichols Architects had considerably less experience in golf courses, but it did have one key advantage in its efforts to beat other bids to build The Grove XXIII’s clubhouse. “That’s like the ultimate compliment … to have his own golf course and to shape and mold that golf course for him and his friends, it’s just where he wants to be.

Persons: CNN —, Michael Jordan cherishes, it’s, Nichols, Mike Butler, Bobby Weed, Pete Dye, Hobe, Tiger Woods, Cliff Hawkins, Jordan, “, ” Weed, Weed, Jacob Kupferman, didn’t, Championships Jordan, ” “, Rickie Fowler, ”, Yvette Prieto, “ You’re, Igor Reyes, “ You’ve, ” Reyes, Nichols Architects Reyes, Jordan’s, ’ ” Nichols, Jimmy Walker, Reyes, it’s ‘, ‘, Grove, …, He’s Organizations: CNN, NBA, Bulls, Nichols Architects, PGA, Tiger, PGA Tour, Forbes, Augusta National, Championships, Nike, Adidas, Woods, ’ ” Nichols Architects, Air Locations: Chicago, Hobe Sound, Florida, Grove, Stillwater , Minnesota, Mito, Japan, Jordan, Ridge, Ponte Vedra, Pine Valley, ” Jordan, Miami, Weed

☆ What it's like in Europe's popular crypto haven Portugal as the U.S. cracks down
▼ + stars: | 2023-09-09 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +19 min

They understood the importance of self custody of bitcoin, bitcoin on bitcoin blockchain, not on other chains." Sunrise over Lisbon, Portugal Alexander Spatari | Moment | Getty ImagesThe San Francisco of EuropeA walk through Portugal's capital feels eerily similar to a stroll in San Francisco. "This makes Portugal a really attractive place for crypto users to live," explained Shehan Chandrasekera, a CPA and head of tax strategy at crypto tax software company CoinTracker.io. The only exception to the country's generous crypto scheme relates to companies registered in Portugal that deal in crypto. Cyclists photographed in Lisbon, Portugal, in October 2018.

Persons: Alexander Spatari, PORTUGAL —, maximalists, Lorenzo Primiterra, He's, Peter Pan, Primiterra, Terra Luna, bitcoin, solana, Greenfield, Portugal Alexander Spatari, Jemson Chan, Chan, CNBC Guy Young, Seb True, CNBC Seb, True, That's, it's, bitcoiners, I've, Stephen Knowles, cryptocurrencies, Shehan Chandrasekera, Katie Ananina, Ethena's Young, —, Deley, Deley doesn't, that's, Didi Taihuttu, They've, Taihuttu Organizations: Campo Pequeno, maxis, CNBC Software, CNBC, titans, Securities and Exchange Commission, British, Abril, European, CPA, Cyclists, European Union, D7, Companies, Algarve Locations: LISBON, PORTUGAL, Lisbon, Italy, Portugal, Almada, Lisboa Region, outranking New York, Berlin, Singapore, European, Sunrise, San Francisco of Europe, San Francisco, bitcoin, Europe, Crypto, U.S, Egypt, Asia, Switzerland, it's, Puerto Rico, Australia, Canada, Ghent, Belgium, cryptocurrency, Cryptocurrencies, Lisbon's, Lagos, Angeles, Algarve

☆ Vasari Corridor: Tourists arrested for spraying soccer graffiti on 460-year-old Italian landmark
▼ + stars: | 2023-08-24 | by ( Barbie Latza Nadeau | ) edition.cnn.com time to read: +4 min

This time it was the turn of the 460-year-old Vasari Corridor, a beautiful riverside passageway connected to the famous Uffizi Galleries in Florence, which was sprayed with Munich soccer-related graffiti in the early hours of August 23. Airbnb raidHow the Vasari Corridor looked before the graffiti incident. The one-kilometer-long Vasari Corridor was built by Italian Renaissance painter and architect Giorgio Vasari in less than nine months in 1565. Tourists behaving badlyThe graffiti reference a Munich soccer club. “I would like to express my thanks to the Carabinieri for promptly identifying the alleged perpetrators of the Vasari Corridor in Florence.

Persons: Rome, Rome CNN —, Airbnb, Tim Clayton, Corbis, Giorgio Vasari, Cosimo I de’Medici, Medici, Dan Brown, Florence Mayor Dario Nardella, It’s, Eike Schmidt, Schmidt, Gennaro Sangiuliano, ” Organizations: Rome CNN, Galleries, Carabinieri, Operations Unit, CNN, Culture Ministry, Authorities, Uffizi, UNESCO, TSV, Vasari Locations: Florence, Munich, “, Uffizi, Italian, Ponte, Santa Felicita, Italy, Rome, Venice, German

☆ Watch CNBC's full interview with PayPal's Jose Fernandez da Ponte on the firm's new stablecoin
▼ + stars: | 2023-08-08 | by ( Mackenzie Sigalos | Jordan Smith | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with PayPal's Jose Fernandez da Ponte on the firm's new stablecoinCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Jose Fernandez da Ponte of PayPal discusses the rollout of the firm's dollar-pegged stablecoin.

Persons: PayPal's Jose Fernandez da Ponte, explainers, Jose Fernandez da Ponte Organizations: CNBC, PayPal

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPayPal explains the vision for its dollar-pegged stablecoin: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Jose Fernandez da Ponte of PayPal discusses the rollout of the firm's dollar-pegged stablecoin.

Persons: explainers, Jose Fernandez da Ponte Organizations: PayPal, CNBC Crypto, CNBC

Da Ponte denied a Bloomberg report that the payments processor paused development of its stablecoin in February. But da Ponte argues this troubled backdrop is exactly why PayPal is poised to succeed. Then there's the hypothetical digital dollar that would be the Fed's take on a central bank digital currency, or CBDC. "We have a large base of consumers; we have a large base of merchants," da Ponte said of PayPal's "two-sided network." Da Ponte sees PayPal's more than 20-year tenure in the payments space as one of the company's chief advantages in the stablecoin market.

Persons: Jose Fernandez da Ponte, PayPal's, Da Ponte, Paxos, it's, Ponte, stablecoins, Nic Carter, Stablecoins, Carter, Andy Bromberg, Andreessen Horowitz, Bromberg, PYUSD, Jeremy Allaire, Allaire, Patrick McHenry, McHenry Organizations: PayPal, CNBC, Bloomberg, SEC, New, Regulators, Valley Bank, U.S ., U.S, Castle, Ventures, Companies, Eco, Coinbase Ventures, Paypal, Facebook, Financial Services, America Locations: U.S, New York, Bromberg, web3, United States, R, DexTools

☆ New Heat Wave Descends on Europe, as It Struggles to Adapt
▼ + stars: | 2023-07-14 | by ( Gaia Pianigiani | More About Gaia Pianigiani | ) www.nytimes.com time to read: +1 min

Tourists sheltered under umbrellas as they lined up at Florence’s majestic cathedral this week, looking for shade. Locals splashed their faces at water fountains, all seeking a respite from Europe’s latest heat wave. “It feels like home,” said Alina Magrina, a 64-year-old tourist from California, parts of which, like much of the southern United States, have been hit by sweltering temperatures, too. Yet, though Europe is warming more swiftly than the global average, each year it seems particularly unprepared. A report published this week attributed 61,000 deaths in Europe to its searing temperatures last summer.

Persons: ”, Alina Magrina Locations: California, United States, Florence, Ponte, Europe

☆ PGA Tour defends LIV Golf deal ahead of Senate hearing
▼ + stars: | 2023-07-10 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +6 min

Streeter Lecka | Getty ImagesThe PGA Tour has begun its public defense of its deal with Saudi-backed LIV Golf ahead of a key Senate hearing slated for this week. "Given the well-chronicled legal disputes that have existed between the PGA Tour and PIF, we understand the fair and valid questions raised by PGA Tour members, Tour partners, media, fans and now Congress," Price said in the op-ed. Stephenson stepped down as lawmakers appeared likely to start a broad probe into the merger between the PGA Tour and LIV, beginning with Tuesday's Senate hearing. Defending the dealLast month, the PGA Tour and PIF's LIV Golf, as well as Europe's DP World Tour, agreed to merge. The majority of the board that leads the PGA Tour Enterprises will be appointed by the tour and run by Monahan.

Persons: Streeter Lecka, LIV Golf, Ron Price, Price, Randall Stephenson, Stephenson, LIV, Sen, Richard Blumenthal, Ron Johnson, Jay Monahan, Jimmy Dunne, Monahan, Richard Heathcote, Rory McIlroy — Organizations: THE, Sawgrass, Saudi, Athletic, Monday, PGA, PGA Tour, AT, Senate, Senate Homeland Security, Investigations, Saudi Public Investment Fund, Getty, Saudi Arabia Public Investment, PIF Locations: Ponte Vedra Beach , Florida, Saudi, United States, Monday's

☆ DeSantis is now a millionaire. Unfortunately, he still has student loans to pay off.
▼ + stars: | 2023-06-30 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +6 min

DeSantis made over $1 million for his book advance when he wrote "The Courage to Be Free." Ron DeSantis almost quadrupled his net worth in a year, thanks to a seven-figure payday from his bestselling memoir, "The Courage to be Free." A year earlier, DeSantis' net worth was nearly $319,000. The lift in salary was largely thanks to a $1.25 million book advance DeSantis got from Broadside Books, the conservative arm of HarperCollins Publishing that is owned by Rupert Murdoch's News Corp. Since filing his last financial disclosure, DeSantis lowered the amount he owes on his student loans slightly, from $21,284.92 to $18,628.66.

Persons: DeSantis, they've, —, Ron DeSantis, Joe Biden's, Donald Trump, Trump, “, Joe Raedle, Casey DeSantis, Hillary Clinton, Mike Pence, GOP Sen, Tim Scott of, Sen, Elizabeth Warren of, he'd Organizations: Be, Service, Gov, Broadside Books, HarperCollins Publishing, Rupert Murdoch's News Corp, Republican, Trump Organization, Forbes, New York Times, Ivy League, Navy, Associated Press, Florida Gov, House, Museum, Federal, Commission, Trump, GOP, Democratic Locations: Florida, Florida's, Beach , Florida, Orange, Pinellas Park , Florida, Tim Scott of South Carolina, Elizabeth Warren of Massachusetts, Dunedin , Florida

☆ Homes for Sale in Manhattan and Brooklyn
▼ + stars: | 2023-06-29 | by ( Heather Senison | ) www.nytimes.com time to read: +1 min

Manhattan | 210 Riverside Drive 7D/6DRiverside Drive Duplex$1.5 millionA 1,400-square-foot, two-bedroom, two-bath duplex co-op with original moldings and doors, ample closets, an open living/dining/kitchen area and full bathroom on the upper level, and an en suite primary bedroom, library/home office and second bedroom with lofted storage on the lower level, on the sixth and seventh floors of a 12-story doorman building from 1909 designed by Schwartz & Gross, with a live-in superintendent, bike room, shared laundry and storage cases. Colin Montgomery and Stan Ponte, Sotheby’s International Realty, 646-319-3114; sothebysrealty.comCostsMaintenance: $2,791 a monthProsThis nicely kept and well-maintained duplex feels like a townhouse. The kitchen and upstairs bathroom are fully renovated. ConsThe building lacks amenities, like a gym or roof deck. The bathroom on the lower level is in the primary suite.

Persons: Colin Montgomery, Stan Ponte Organizations: Manhattan, Schwartz & Gross, Sotheby’s

☆ PGA Tour commissioner says Tour ‘couldn’t afford to keep battling Saudi Arabia,’ Wall Street Journal reports
▼ + stars: | 2023-06-11 | by ( Jacob Lev | ) edition.cnn.com time to read: +1 min

CNN —PGA Tour commissioner Jay Monahan told employees in a meeting on Thursday that it couldn’t “conduct a lengthy spending war against Saudi Arabia,” according to a report from The Wall Street Journal. “We cannot compete with a foreign government with unlimited money,” Monahan told employees, according to the Wall Street Journal. According to the Journal, Monahan told employees that the Tour had already spent $50 million in legal fees and had dipped into its reserves for $100 million to help pay increased purses in elevated events and other bonuses to players. “To characterize this agreement was made due to litigation costs and other use of reserves is an oversimplification,” a PGA Tour spokesperson told CNN on Saturday. “The PGA TOUR has never been a more valuable property and the Public Investment Fund (PIF) has recognized that value and the opportunity for ROI with their investment in the TOUR.”“Additionally, this transaction will make professional golf more competitive with other professional sports and sports leagues,” the Tour continued.

Persons: Jay Monahan, Monahan, ” Monahan, LIV, ” Organizations: CNN, PGA, Wall Street, PGA Tour, Saudi Arabia’s Public Investment Fund, Public Investment Fund Locations: Saudi Arabia, Ponte Vedra Beach , Florida, Saudi

☆ PGA Tour commissioner reportedly tells employees the reason for LIV Golf merger: 'We cannot compete with a foreign government with unlimited money'
▼ + stars: | 2023-06-10 | by ( Kaja Whitehouse | ) www.businessinsider.com time to read: +3 min

PGA Tour Commissioner Jay Monahan spoke to employees about the merger with LIV Golf, WSJ reported. He reportedly suggested the cost of battling LIV Golf in court and on the green was unsustainable. "The PGA TOUR has never been a more valuable property," which the merger recognized via an investment, she added. PGA Tour announced the merger after a tough year of battling LIV Golf in court and on the green. PGA Tour players who have joined LIV include Phil Mickelson and Bubba Watson.

Persons: Jay Monahan, LIV Golf, —, Joe Monahan, Monahan, LIV, Prince Mohammed bin Salman, Bertrand Guay, Phil Mickelson, Ben Jared, Bubba Watson Organizations: LIV, Saudi, Service, PGA Tour, Street, Getty, Saudi Public Investment Fund, PGA Locations: Ponte Vedra Beach , Florida, AFP, Saudi

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