DIRS.INFO The most relevant business & tech news

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

☆ Matthieu Pavon: His mother buried a coin by a tree at Augusta as a good luck charm for her son. This is what happened next
▼ + stars: | 2024-02-02 | by ( Jack Bantock | ) edition.cnn.com time to read: +6 min

CNN —Since the early 2000s, a coin has lay buried next to a tree at Augusta National Golf Club, nestled there as a good luck charm by the mother of a promising young French golfer. Not since Arnaud Massy became the first non-Briton to win the Open Championship in 1907 has a Frenchman lifted silverware at a recognized Tour event. The world’s 890th ranked amateur when he turned professional in 2013, Pavon spent two years on the Alps Tour before graduating to the Challenge Tour, finally securing his card on the DP World Tour (European Tour) in 2017. “I don’t come from a normal background because I wasn’t a great player once,” Pavon told CNN Sport’s Don Riddell. Augusta National and Spyglass Hill – host of this week’s Pebble Beach Pro-Am – were once courses Pavon could only navigate in the video game world of Tiger Woods PGA Tour 06.

Persons: Matthieu Pavon, Pavon, Arnaud Massy, Frenchman, Denmark’s Nicolai Hojgaard, ” Pavon, CNN Sport’s Don Riddell, “, Gregory Bull, Michel, Beatrice, Naomi Baker, Justin Thomas, Rickie Fowler, “ Spyglass, you’re, You’re, you’ve, Céline Boutier, Massy, Catherine Lacoste, Patricia Meunier, Lebouc, Boutier, Lewis Joly, ” Organizations: CNN, Augusta National Golf, Farmers Insurance, Spanish, PGA, Harvard University, France’s Ligue, Getty, Pavon’s PGA, Players, . Augusta National, Tiger, Céline, Evian Championship, Chevron, Evian, Ryder, Europe Locations: Augusta, French, Toulouse, California, Europe, America, Pavon, France’s, Bordeaux, Rome, Bethpage , New York

ATLANTA (AP) — Georgia Power Co. said Thursday that vibrations found in a cooling system of its second new nuclear reactor will delay when the unit begins generating power. Georgia Power said the Unit 4 problem has already been fixed but too much testing remains to be done to make the March 30 deadline. The new Vogtle reactors are currently projected to cost Georgia Power and three other owners $31 billion, according to calulations by The Associated Press. But even as government officials and some utilities are again looking to nuclear power to alleviate climate change, the cost of Vogtle could discourage utilities from pursuing nuclear power. Georgia Power owns 45.7% of the reactors, with smaller shares owned by Oglethorpe Power Corp., which provides electricity to member-owned cooperatives; the Municipal Electric Authority of Georgia; and the city of Dalton.

Persons: Georgia Power Organizations: ATLANTA, — Georgia Power Co, Vogtle's, Southern Co, Georgia, Georgia Power, Georgia Public Service Commission, Regulators, The Associated Press, Westinghouse, Oglethorpe Power Corp, Municipal Electric Authority of Locations: Atlanta, Augusta, Georgia, Vogtle, American, Municipal Electric Authority of Georgia, Dalton, Florida, Alabama

AUGUSTA, Maine (AP) — An independent commission investigating events leading up to the deadliest mass shooting in Maine history is ready to hear the heart-wrenching stories from some of the family members of victims on Thursday. Seven family members were expected to publicly address the panel, putting a human face on their sorrow and suffering. The governor isn’t waiting for the commission to wrap up its work to begin making policy changes to prevent such tragedies in the future. The commission is chaired by Daniel Wathen, former chief justice of the Maine Supreme Judicial Court. Other members include former U.S. Attorney Paula Silsby and Debra Baeder, the former chief forensic psychologist for the state.

Persons: Kathleen Walker, Stacy Cyr, Jason Walker, Michael Deslauriers, Elizabeth Seal, Joshua, Megan Vozzella, Steve, Janet Mills, Aaron Frey, Robert Card, Card, isn’t, Daniel Wathen, Paula Silsby, Debra Baeder Organizations: Army, Democratic Gov, Army Reserve, U.S Locations: AUGUSTA, Maine, Lewiston, West Point , New York

☆ Carmel, Maine accident: Kevin Howell dies after saving son from drowning
▼ + stars: | 2024-01-28 | by ( Paradise Afshar | Joe Sutton | ) edition.cnn.com time to read: +2 min

CNN —The town manager of Carmel, Maine, has died after saving his 4-year-old son from drowning in an icy pond. Kevin Howell, 51, and his son were crossing a portion of Etna Pond around 6:30 a.m. Friday when they broke through the ice, the Penobscot County Sheriff’s Office said in a social media post. “The boy ran home, and notified his mother,” the sheriff’s office said. “Detective Norton got the mom back to the house and reunited with her son,” the sheriff’s office said. Howell enjoyed cooking for his family and friends and spending time with his wife and son outdoors, doing actives like skiing, boating, fishing and hiking, the webpage said.

Persons: Kevin Howell, Howell, “, Howell’s, Katie, Jordan Norton, Norton, Sawyer Organizations: CNN, Penobscot County Sheriff’s Locations: Carmel , Maine, Etna, Penobscot County, Howell, Carmel, Augusta

☆ Jack Burke Jr., Who Won 2 Major Golf Titles in a Season, Dies at 100
▼ + stars: | 2024-01-19 | by ( Frank Litsky | ) www.nytimes.com time to read: 1 min

Jack Burke Jr., a top player on the P.G.A. tour in the postwar years who won two major golf championships in one season, then became a sought-after instructor to some of the game’s greatest stars, has died at 100. He was the oldest living winner of the Masters and P.G.A. Burke’s banner year was 1956, when he won both the Masters and P.G.A. Only weeks earlier, having gone winless since the Inverness open in Ohio in 1953, Burke, who was 33, had announced that he was considering retiring.

Persons: Jack Burke Jr, ’, Burke, Ken Venturi Organizations: United States Golf Association, Associated Press, Augusta National Golf Club Locations: Houston, Inverness, Ohio

Jack Burke Jr., who was the oldest living Masters champion and staged the greatest comeback ever at Augusta National for one of his two majors, died Friday in Houston. Burke, a member of the World Golf Hall of Fame, also won the PGA Championship and was equally skilled as a teacher. He built the fabled Champions Golf Club in Houston and delivered lessons along with a dose of homespun wisdom. His passing was confirmed by Steve Timms, the CEO and president of the Houston Golf Association who spoke with Burke's wife, Robin. Burke was part of the original PGA Hall of Fame in Pinehurst and was among PGA champions not ushered into the new World Golf Hall of Fame when it opened in 1998 in Florida.

Persons: Jack Burke Jr, Burke, ”, Steve Timms, Burke's, Robin, Ken Venturi, Venturi, Ted Kroll, Burke’s, Jack Burke, “, I’m, ” Burke, Claude Harmon, Winged, Bing Crosby, Ben Hogan, Arnold Palmer, Harmon, Jack Grout, Johnny Revolta, Paul Runyan, ‘, ’ I’m Organizations: Augusta National, Hall of Fame, PGA, Golf Club, Houston Golf Association, Masters, Ryder, Great Britain, River Oaks Country Club, Marines, Miramar, USGA, Metropolis Country, Bing Crosby Pro, Champions, Oakland Hills, of Fame, Curtis, Women’s Locations: Houston, Fort Worth, San Diego, New Jersey, New York, Churchill, Europe, Texas, Pinehurst, Florida

☆ Tiger Woods and Nike’s ‘seismic’ partnership is over. Where do they go from here?
▼ + stars: | 2024-01-10 | by ( Jack Bantock | ) edition.cnn.com time to read: +10 min

After 27 years, 15 major championships, 82 PGA Tour wins and hundreds of millions of dollars in endorsement contracts, Tiger Woods and Nike announced the end of their collaboration on Monday. With Woods marking the sportswear company’s “significant entry” into golf, the partnership – and its impact – was “seismic,” explained Ben Peppi, sports commercial expert at JMW Solicitors. “For a long time post-Michael Jordan’s retirement, pre-Cristiano Ronaldo, Tiger Woods was Nike,” Peppi told CNN Sport. He transcends his sport – he wasn’t just a golf ambassador, he was a Nike icon.”As Woods became synonymous with golf, Nike became synonymous with Woods. Woods and Knight at the Tiger Woods Foundation's 20th Anniversary Celebration, held at the New York Public Library in 2016.

Persons: Tiger Woods, Woods, –, J.D, ”, Ben Peppi, Michael Jordan’s, Cristiano Ronaldo, ” Peppi, “, Tiger, Tiger …, David Cannon, Arnold Palmer, Bob Dorfman, ” Nike, Phil Knight, Knight, Gustavo Caballero, Peppi, “ There’s, Jason Day, Roger Federer, Federer, Yoshikazu, Michael Jordan, David Beckham, Usain Bolt, Puma, “ They’re, that’s, ’, it’s Organizations: CNN, Nike, Stanford University, Pumpkin, JMW Solicitors, “, CNN Sport, Augusta National, Gatorade, Accenture, Arnold Palmer Invitational, Baker, New York Public Library, Adidas, PGA, & $ Locations: golf’s, Cornelius , Oregon, Woods, ’, Japan

☆ Celebrities are having full-blown golf complexes built in their gardens. Here’s how they’re doing it
▼ + stars: | 2024-01-09 | by ( Jack Bantock | ) edition.cnn.com time to read: +7 min

From putting greens and par-three holes to full-blown course replicas, the sport is increasingly taking up residence in gardens and backyards as golf enthusiasts of all levels look to shorten their travel time to the tee. California in particular is especially prone to drought, with state officials encouraging its citizens to cut their water usage. Yet “the number one” factor that can hike prices for larger greens, Nappi explains, is — ironically — drainage. Though they don’t require watering, greens sculpted in areas susceptible to heavy rain — such as Florida or Georgia — invite the threat of standing water, which can lead to mold and ruin the playing experience. “You can make it look pretty and beautiful and they love it, but it better play right,” Nappi said.

Persons: Mark Wahlberg, Cindy Crawford, DJ Khaled, Josh Allen, ”, Dominic Nappi, Tim Venturi, Ken Venturi, Nappi, ” Nappi, “, Wahlberg, Los Angeles Times — Nappi, Tim Jackson —, Jackson Kahn, I’ve, “ There’s, Crawford, Rande Gerber, Allen, Jim Nantz’s, Courtney Richards, Jack Nicklaus, Arnold Palmer, Phil Mickelson, Ian Poulter, Tony Romo —, Dave Pelz’s, SYNLawn, Augusta National’s, Gareth Bale’s, —, Tiger Woods, ‘ Organizations: CNN, Back Nine Greens, Business, Nine Greens, Greens, British, Nine Greens Star, Hollywood, Los Angeles Times, Malibu, Bills, Wall Street, NASA, Welsh, Real Madrid, Tiger Locations: Southern California, Palm, California, backyards, Florida, Georgia, Beverly, Scottsdale, Buffalo, Miami Beach, American, Austin , Texas, Glamorgan, South Wales, Island, South Dakota

☆ 2 nuclear reactors that can power 1 million US homes with clean, sustainable energy is $21 billion over budget and years behind schedule
▼ + stars: | 2023-12-19 | by ( Jeff Amy | Associated Press | ) www.businessinsider.com time to read: +5 min

It would take effect in the first month after Vogtle's Unit 4 begins commercial operation, projected to be sometime in March. They're currently projected to cost Georgia Power and three other owners $31 billion, according to Associated Press calculations. But even as government officials and some utilities are again looking to nuclear power to alleviate climate change, the cost of Vogtle could discourage utilities from pursuing nuclear power. Overall, the company said Georgia Power would collect an additional $729 million a year from its 2.7 million customers. The five Republican commissioners, all elected statewide, voted on an agreement that Georgia Power reached with commission staff and some consumer groups.

Persons: —, They're, Jeff Amy Southern, Georgia Power, John Kraft, Jason Shaw, Vogtle, " Shaw, Bryan Jacob Organizations: Service, Georgia Public Service, Georgia Power Co, Business, Vogtle's, Georgia Power, Westinghouse, Republican, Georgia Public Service Commission, AP, Jeff Amy Southern Co, Georgia, Georgia PSC, Power, Southern Alliance for Clean Energy, Oglethorpe Power Corp, Municipal Electric Authority of Locations: ATLANTA, Georgia, Augusta, American, Atlanta, Municipal Electric Authority of Georgia, Dalton, Florida, Alabama

AUGUSTA, Maine (AP) — Teachers and science advocates are voicing skepticism about a Maine proposal to update standards to incorporate teaching about genocide, eugenics and the Holocaust into middle school science education. The Maine Science Teachers Association testified before the state that adding the proposed content to education standards without providing professional training for teachers could jeopardize science education. The recommended updates that are up for adoption were made by teachers, and the education department opened up the revision process to any science teachers who wanted to be involved, Mrowka said. A group of two dozen Maine science educators met several times over the summer to lead the review of the science standards, Mrowka said. The state sought public comments about the current science standards earlier in the year and received numerous comments from educators about the importance of challenging students.

Persons: —, ”, Tonya Prentice, ” Prentice, “, Joseph Graves Jr, ” Graves, Marcus Mrowka, Mrowka, ” Mrowka, Robert Ripley, ” Ripley, Alison Miller, ” Miller Organizations: —, Maine Science Teachers Association, National Center for Science Education, Maine Department of Education, Maine Legislature, The Maine Department of Education, Legislature's, Cultural Affairs Committee, Schools, Legislature, Oxford Hills School District, Bowdoin College Locations: AUGUSTA, Maine, Africa, Europe

☆ Tiger Woods’ comeback at the Hero World Challenge proves he’s not ready to ‘sail off into the sunset’
▼ + stars: | 2023-12-04 | by ( George Ramsay | ) edition.cnn.com time to read: +4 min

CNN —Most athletes with an injury list as long and detailed as Tiger Woods would be retired from professional sport. The 15-time major champion’s much-anticipated return to professional golf at the Hero World Challenge in the Bahamas wasn’t perfect, nor was it ever likely to be. This will be the fourth time in a row that Woods has entered the event alongside his son Charlie and his second tournament since undergoing ankle surgery in April. I don’t see why that would change.”During the Hero World Challenge, which Woods hosts, he said that he had been “pleasantly surprised” with his physical recovery between rounds. Woods and winner Scottie Scheffler attend the trophy presentation at the Hero World Challenge.

Persons: Woods, ” Woods, –, Charlie, Scottie Scheffler, Mike Ehrmann, ” Scottie Scheffler, ”, Scheffler Organizations: CNN, Albany Golf Club, Golf Channel, PNC, PGA, Masters, Woods, Augusta National Locations: Bahamas, Orlando , Florida, Paris

☆ Tiger Woods ‘pleasantly surprised’ with how his body is responding on his competitive return to golf
▼ + stars: | 2023-12-03 | by ( Aimee Lewis | ) edition.cnn.com time to read: +2 min

CNN —Competing in his first tournament since undergoing ankle surgery, Tiger Woods said he is “pleasantly surprised” with how he has physically recovered after each round at this week’s Hero World Challenge. Until this week Woods had not competed since withdrawing from the Masters in April with an injury which then required surgery, so interest in seeing how the American would perform over four rounds has been high. Speaking to the PGA Tour after his third round, Woods said: “It could’ve been a little bit better than the score indicates, I could’ve shot something in the high 60s today which would’ve been nice. Woods underwent ankle surgery after enduring “constant” pain across his three rounds at Augusta National during the Masters, which was only his second competitive appearance of 2023. 1 Scottie Scheffler, who leads going into the final day after posting a seven-under 65 on Saturday.

Persons: Tiger Woods, Woods, “ I’m, I’ve, Scottie Scheffler, England’s Matt Fitzpatrick Organizations: CNN, PGA Tour, Augusta National Locations: Albany, Bahamas

A suburban county in Georgia agreed on Friday to use a new voter information database endorsed by the election denial movement, a move that defied warnings from voting rights groups, election security experts and state election officials. Columbia County, a heavily Republican county outside Augusta, is the first in the country known to have agreed to use the platform, called EagleAI. Its supporters claim the system will make it easier to purge the rolls of ineligible voters. Ms. Mitchell and others have billed EagleAI as an alternative to the Election Registration Information Center, a widely used interstate system that made it easier for officials to track address changes and deaths as they maintain the voter rolls. That system, known as ERIC, has become the subject of conspiracy theories and misinformation that prompted nine states to withdraw with few backup plans.

Persons: Cleta Mitchell, Donald J, Mitchell, ERIC Locations: Georgia, Columbia County, Augusta

☆ Tiger Woods endures rocky finish in first start since Masters
▼ + stars: | 2023-11-30 | by ( Homero De La Fuente | ) edition.cnn.com time to read: +2 min

CNN —Tiger Woods returned to competitive golf on Thursday at the Hero World Challenge in Albany, the Bahamas. “I was rusty, I didn’t have my feels,” Woods told the Golf Channel broadcast after the round. On Tuesday, Woods told reporters his goal for next year is to play once per month. “I think the best scenario would be maybe a tournament a month,” Woods said. “I think that’s realistic, whether that’s – you would have to start with maybe at Genesis (the Genesis Invitational in February) and something in March, near the Players (Championship).

Persons: Tiger Woods, Woods, “, ” Woods, Brian Harman, Tony Finau, that’s, ” Organizations: CNN, Tiger, Golf, Albany Golf Club, Augusta National, Players Locations: Albany, Bahamas

NASSAU, Bahamas (AP) — Tiger Woods held up just fine Thursday in his first time competing in eight months, except for limping at the end. But this day was all about Woods, as it usually is whenever he plays, and especially when he has been away for so long. Political Cartoons View All 1274 Images“I didn't have my feels,” Woods said. He punched his third shot back to the fairway and then came up about 40 yards short of the green. Woods attributed his mistakes to a lack of commitment, that coming from a lack of playing.

Persons: Woods, Brian Harman, Tony Finau, Jordan Spieth, Spieth, ” Woods, Will Zalatoris, ”, “, I’ve Organizations: Albany Locations: NASSAU, Bahamas, Augusta

☆ Tiger Woods says he’ll ‘walk away’ from golf when he no longer believes he can win
▼ + stars: | 2023-11-28 | by ( Ben Church | ) edition.cnn.com time to read: +5 min

CNN —Tiger Woods says he’s only prepared to walk away from playing golf when he no longer believes he can be competitive as he insisted that’s currently not the case. “I love competing, I love playing,” Woods told reporters ahead of his highly-anticipated return to competitive golf. While confirming the operation to fuse his ankle earlier this year was successful, Woods said that his recovery took its toll. “Unfortunately I’ve had experience, I’ve gone through it before and I’m here on the good side now.”Woods has not played competitive golf since April, 2023. The move gave the players a one-seat advantage after the controversial merger in June between the PGA Tour and Saudi-backed LIV Golf.

Persons: Tiger Woods, he’s, that’s, “, ” Woods, Woods, ”, I’ve, Andrew Redington, Justin Thomas, haven’t, LIV Golf, Patrick Smith, Jay Monahan, Monahan, ” Monahan Organizations: CNN, Augusta National, Foundation, PGA Tour, PGA Policy, PGA, “ Locations: Albany, The Bahamas, Saudi

☆ A New York City Socialite Returns to Her Southern Roots
▼ + stars: | 2023-11-24 | by ( Sadiba Hasan | ) www.nytimes.com time to read: +1 min

From the mid- to late-2000s, Ms. Mortimer dominated the New York social scene as a prominent guest at the most glamorous charity balls and fashion shows. She attracted the cameras in her colorful baby-doll designer dresses and was omnipresent in the papers and gossip pages. She settled into a quiet, private life in Augusta, Ga., with Mr. Bovard and his three children. “I love Augusta. Mr. Bovard was a groomsman at the wedding.

Persons: Tinsley Randolph Mortimer, Mortimer, Robert Dennis Bovard, Bovard, “, Augusta, I’m, Mercer Ferguson Organizations: New, York Magazine, Housewives, University of the Locations: New York, New York City, Augusta , Ga, Richmond, Va

☆ Tiger Woods' new golf league delays start of season by a year after venue collapse
▼ + stars: | 2023-11-20 | by ( Jessica Golden | ) www.cnbc.com time to read: +3 min

Tiger Woods and Rory McIlroy's indoor golf league, TGL, has postponed its inaugural season by a year until the start of 2025, the organization said Monday. But TGL delayed the season, which was expected to start in January, after speaking to key partners. "This decision came after reviewing short-term solutions, potential construction timelines, player schedules, and the primetime sports television calendar," the league said in a statement. TGL, which counts the PGA Tour as a partner, was founded by McIlroy, Woods and former NBC executive Mike McCarthy. The trio wants to create a primetime indoor golf league to attract new fans to the sport at as the emergence of the Saudi-backed LIV Golf, and then its proposed merger with the PGA Tour, left golf at a crossroads.

Persons: Woods, Rory McIlroy, Tiger Woods, Rory McIlroy's, TGL, McIlroy, Mike McCarthy, LIV Golf, Steve Cohen, Arthur Blank, Alexis Ohanian, Serena, Venus Williams, Stephen Curry, Lewis Hamilton, Alex Morgan, Justin Timberlake, Tony Romo, Josh Allen, Rosalyn Durant Organizations: Northern, Augusta National Golf Club, Tiger, SoFi, NBC, PGA Tour, Atlanta Falcons, Fenway Sports Group, ESPN Locations: United States, Augusta , Georgia, Palm Beach Gardens , Florida, Saudi

☆ Tiger Woods to make first competitive start since Masters withdrawal at Hero World Challenge
▼ + stars: | 2023-11-20 | by ( Jack Bantock | ) edition.cnn.com time to read: +2 min

CNN —Tiger Woods is set for his first competitive appearance in seven months at the Hero World Challenge later this month. Woods underwent ankle surgery in May after enduring “constant” pain across his three rounds at Augusta National the previous month, only his second competitive appearance of 2023. Started in 2000 and staged as a benefit to Woods’ TGR Foundation, the Hero World Challenge will see the five-time event winner compete as part of a 20-player invitational field featuring many of the game’s top players, including world No. Fifteen-time major winner Woods has prioritized appearances at the four major championships in his sporadic competitive appearances since suffering severe leg injuries in a car crash two years ago but missed the three subsequent flagship events following The Masters as he recovered from May’s surgery. He has not been totally absent from the course, however, appearing at various points to support – and even caddie for – his son Charlie at various junior tournaments.

Persons: Woods, Scottie Scheffler, Viktor Hovland, Max Homa, Matt Fitzpatrick, Jordan Spieth, Rickie Fowler, Justin Thomas, Justin Rose, Lucas Glover, Charlie, Rory McIlroy Organizations: CNN, Augusta National, Foundation, Junior, Benjamin School, Florida High School, PGA Tour, TMRW Sports Locations: Albany, The Bahamas, Orlando

☆ Woods to return at Hero World Challenge
▼ + stars: | 2023-11-18 | by ( ) www.reuters.com time to read: +1 min

Golf - The Masters - Augusta National Golf Club - Augusta, Georgia, U.S. - April 8, 2023 Tiger Woods of the U.S. acknowledges the crowd on the 18th green after completing his second round REUTERS/Brian Snyder/file photo Acquire Licensing RightsNov 18 (Reuters) - Tiger Woods will return to competitive action at the Hero World Championship, the 15-times major champion said on Saturday, in what will be his first PGA Tour start since undergoing ankle surgery in April. Woods, 47, is hosting the Nov. 30-Dec. 3 tournament in Albany, Bahamas which features six top-10 players in its 20-player field, including American world number one Scottie Scheffler. Woods did not play in a major tournament this year, withdrawing from the Masters due to his ankle operation and missing the PGA Championship, U.S. Open and British Open. He has played a limited competition schedule since suffering serious leg injuries in a 2021 car crash. Reporting by Janina Nuno Rios in Mexico City, editing by Ed OsmondOur Standards: The Thomson Reuters Trust Principles.

Persons: Woods, Brian Snyder, Scottie Scheffler, Janina Nuno Rios, Ed Osmond Organizations: Golf, REUTERS, PGA Championship, British, Thomson Locations: Augusta , Georgia, U.S, Woods, Albany, Bahamas, Mexico City

☆ PGA Tour, TGL assessing timeline for Tiger Woods' new golf league after dome collapse
▼ + stars: | 2023-11-17 | by ( Drew Richardson | ) www.cnbc.com time to read: +1 min

Extensive damage at a Florida dome venue is potentially a big blow to the Tiger Woods and Rory McIlroy-backed tech-infused golf league two months out from its launch. Photos surfaced earlier this week showing that the air-supported SoFi Center dome, located in Palm Beach Gardens, Florida, had collapsed due to a power outage. "We are still assessing the damage and determining the impact on our timelines," the league, TGL, told CNBC. The indoor golf league, which counts the PGA Tour as a partner, is slated to launch on Jan. 9, featuring about two dozen tour golfers. The TGL developments also come as the PGA Tour pursues a controversial business partnership with Saudi-funded rival LIV Golf.

Persons: Woods, Tiger Woods, Rory McIlroy, TGL, Jon Rahm, Rahm, LIV Golf, –, Jessica Golden Organizations: Augusta National Golf Club, Tiger, CNBC, ESPN, Twitter, PGA, Saudi Locations: United States, Augusta , Georgia, Florida, Palm Beach Gardens , Florida

The PGA Tour said Tuesday it will begin to offer professional players direct equity ownership in the new company that will be formed after it reaches a deal with investors, according to an internal memo obtained by CNBC. The talks with PIF and the DP World Tour remain the tour's "top priority," PGA Tour Commissioner Jay Monahan said in Tuesday's memo. The new program outlined in Tuesday's memo is the latest move to align the interests of PGA Tour players with the business itself. Monahan also wrote that the Tour's agreement with PIF and DP World Tour has generated interest from other investors. Last week, Fenway Sports Group Chairman Tom Werner acknowledged that the company has held talks with the PGA Tour, but declined to comment with any further details.

Persons: Woods, Rory McIlroy, LIV, Jay Monahan, Monahan, Tom Werner, There's Organizations: Northern, Augusta National Golf Club, CNBC, Saudi Arabia's Public Investment Fund, PIF, PGA, Fenway Sports Locations: United States, Augusta , Georgia, Saudi, U.S

MACON, Ga. (AP) — Authorities on Tuesday arrested two women accused helping one of four men who escaped from a Georgia jail last month. Authorities did not elaborate on what Smith and Green are alleged to have done. The sheriff's office did not immediately respond to an email seeking that information. Barnwell was being held on drug charges when he and three other inmates escaped through a damaged window and a cut fence at the jail early Oct. 16. News outlets reported that Fournier was being held on a murder charge in connection with the 2022 death of his ex-girlfriend when he and the others escaped.

Persons: Jacorshia Smith, Dernard Barnwell, Smith, Green, Bond, Barnwell, Joey Fournier, Fournier Organizations: —, Sheriff's Locations: MACON, Ga, Georgia, Macon, Augusta, Bibb

Bain has been interviewing investment banks to hire financial advisers that will help the private equity firm come up with a plan to cash out on its majority stake in Varsity Brands, the sources said. Varsity Brands generates more than $400 million in 12-month earnings before interest, taxes, depreciation and amortization, the sources added, asking not to be identified because the matter is confidential. Varsity Brands and Bain declined to comment. Varsity Brands consists of two main businesses, BSN SPORTS and Varsity Spirit. Varsity kept the yearbooks business when it sold Herff Jones to private equity firm Atlas Holdings earlier this year.

Persons: Kim Kyung, Bain, Varsity's Herff Jones, Herff Jones, Catterton, Abigail Summerville, Nick Zieminski Organizations: Bain Capital, REUTERS, Varsity Brands, BSN SPORTS, Spirit, Nike, Varsity, Atlas Holdings, Bain, Charlesbank Capital Partners, Partners Group, Birkenstock, ACON Investments, Kelso, Co, Equity, Thomson Locations: Tokyo, Japan, U.S, Varsity's, New York, Augusta

Search resuls for: "AUGUSTA"

25 mentions found