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☆ Here's what President-elect Trump's tariff plan may mean for your wallet
▼ + stars: | 2024-11-06 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

Trump's plan would reduce average after-tax incomes by almost 3%, according to the tax think tank. "If we get tariffs, we will pass those tariff costs back to the consumer," Daniele said in September. A back-of-the-envelope calculation suggests a 10% across-the-board tariff would be roughly equivalent to a $320 billion tax on consumers, Cross said. "The administration could take tariff revenue and redistribute to households via tax cuts in some form or another," explained Pugliese of Wells Fargo. However, the typical U.S. household would still lose $2,600 a year from Trump's tariff plan, even after accounting for an extension of the 2017 tax cuts, according to an analysis by the Peterson Institute for International Economics.

Persons: Donald Trump, Scott Olson, Biden, Trump, There's, Mark Zandi, didn't, Mike Pugliese, Moody's, Philip Daniele, Daniele, Olivia Cross, Cross Organizations: Getty, NBC, Trump, CNBC, Tax, National Retail Federation, Wells, Wells Fargo Economics, U.S, AutoZone, Capital Economics, U.S ., Peterson Institute for International Economics Locations: Grand Rapids , Michigan, Mexico, Wells Fargo, U.S, North America

☆ ‘Billions’ of golf balls could be lost every year. Where do they end up?
▼ + stars: | 2024-09-19 | by ( Jack Bantock | ) edition.cnn.com time to read: +20 min

Found Golf Balls CEO Shaun Shienfield, whose company recovers and resells millions of lost balls across the US and Canada each year, told CNN that he gauged the average to be between three and four each round. Using Shienfield’s low estimate, that’s over 1.5 billion balls lost in the US every year since 2020. “While precise global estimates are challenging … the worldwide figure could easily exceed 3 to 5 billion golf balls lost each year,” Petersen told CNN. Mitchell Schols, founder of Canada-based Biodegradable Golf Balls, put a “very conservative” estimate for North America at one million balls lost to oceans annually. One UK-based man told CNN in 2015 that he could earn up to £100,000 (about $114,000) annually by diving to retrieve golf balls from lakes on golf courses.

Persons: Woods, Jonathan Ferrey, Shaun Shienfield, Torben Kastrup Petersen, ” Petersen, Loch, Cam Bauer, fairways, Jae C, Paula Gallani, Jack Taylor, Bonifas, Paul Barker, Alex Livesey, Josh Noel, Richard Heathcote, Sam Greenwood, Mohammed Afzal Abdul Afghanistan'shas, Mohammed Afzal Abdul, Shah Marai, Africa's, Alf Caputo, Mi Jung Hur, Michael Cohen, Matthew Savoca, Davis, Alex Weber, Savoca, Weber, Jack Johnston, Ezra Shaw, ” Savoca, “, there’s, ”, Mitchell Schols, Petersen, Kevin C, Cox, Schols, Albus Golf, ” Schols, Jared C, Tilton, “ I’m Organizations: CNN, United States Golf Association, National Golf Foundation, Danish Golf Union, La, Don Mueang International Airport, Getty, Chicago Tribune, Tribune, Service, La Paz Golf Club, AFP, Soviet Army, Kenya, Ladies European, Indy Women, Tech, University of California, Carmel High School, Monterey Bay National, National, Canada, North America, “, USGA, Pebble Beach Resorts Locations: Pebble Beach , California, Stillwater, Monterey , California, Canada, Greenland, Norway, Hawaii, France, Bangkok, Don, AFP, North, South Korea, Washington, Uummannaq, Coeur D'Alene, Death Valley , California, South Carolina, Bolivia, Kabul, Kenya, Australia, Ceduna, Kalgoorlie, Monterey Bay, Pebble Beach, Cypress Point, Carmel, California, Monterey, Japan, England, Germany, America, –, Spanish, London, Florida

☆ Here are Friday's biggest analyst calls: Nvidia, Tesla, Hasbro, Sunrun, Amazon, Costco, Spotify, Pinterest, Apple & more
▼ + stars: | 2024-06-14 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Piper Sandler reiterates Pinterest as a top pick Piper said it's sticking with its overweight rating on the stock. JPMorgan reiterates Amazon as overweight JPMorgan said the e-commerce giant remains a top pick at the firm. The firm also says it's sticking with its outperform rating on Apple. "We are reiterating our Buy rating and raising our price target on shares of Costco from $890 to $940." Morgan Stanley reiterates Tesla as overweight Morgan Stanley said it's sticking with its overweight rating on Tesla .

Persons: Bernstein, it's, D.A, Davidson, KBW, Tesla, underperform Bernstein, Musk, Piper Sandler, Pinterest, Piper, Evercore, Morgan Stanley, Sunrun, Guggenheim, Macquarie, Roblox, TD Cowen, Cowen, Michael Colglazier, Morgan Stanley downgrades Twilio, JPMorgan, GenAI, Wolfe, Elon Organizations: Bank of America, Elon, Spotify, UBS, TPC, Galactic, America, JPMorgan, Adobe, " Bank of America, Hasbro, of America, Monopoly, Apple, Baidu, Apple Intelligence, Costco, Nvidia, Tesla Locations: China

The talks between the tour and the Saudi Public Investment Fund, which backs LIV Golf, are "extremely active," the person said. A PGA Tour representative declined to comment. The deal will reportedly be structured similar to their deal with the Strategic Sports Group, a consortium of investors. "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 said at the time. After clear lines were drawn, players expressed frustration about the proposed deal, leading the tour to increase financial incentives for golfers.

Persons: LIV, Rory McIlroy, Tiger Woods, John Henry —, McIlroy, PIF, Jay Monahan, Yasir Al, Rumayyan, hasn't, " Monahan, Jimmy Dunne, Dunne, Phil Mickelson, —, Monahan Organizations: THE, Sawgrass, CNBC, Saudi Public Investment Fund, Fenway Sports, Saudi, Strategic Sports Group, The New York Times, Tour Enterprises, PGA, Fenway Sports Group Locations: Ponte Vedra Beach , Florida, Saudi, New York

☆ Scottie Scheffler: The new father and man of faith with the golfing world at his feet
▼ + stars: | 2024-05-17 | by ( Jack Bantock | ) edition.cnn.com time to read: +7 min

CNN —Scottie Scheffler is a man well-accustomed to making global headlines, but almost never for events beyond the confines of the golf course. In 2014, at 17, as an amateur he made a hole-in-one and the cut on his first PGA Tour start. Without a PGA Tour victory heading into 2022, by April of that year he was a four-time victor, the world No. 1’s image as the self-effacing star of the PGA Tour, a perception he is content to endorse. His 10th PGA Tour title, it made him the first golfer since Woods in 2006 to win a PGA Tour event the week after triumphing at a major.

Persons: Scottie Scheffler, Tiger Woods, Scheffler, Ryder, Scheffler coasted, “, Meredith, ” Scheffler, Ted Scott, ” Scottie Scheffler, David J, Phillip, Mary, Grandma, CNN Sport’s Don Riddell, Jared C, Tilton, Scheffler’s, Riddell, ”, I’m, I’ve, golf’s, Jamie Squire, Arnold Palmer, Andrew Redington, Bennett, Woods, triumphing, Rory McIlroy, Scott Organizations: CNN, Dallas, PGA, Augusta National, University of Texas, TPC, PGA Tour, Cowboys, Team USA, Ryder, Arnold Palmer Invitational, RBC Heritage, Northern Locations: Ridgewood , New Jersey, Augusta, Ponte Vedra Beach , Florida, Dallas, Rome, Valhalla, Louisville

☆ Scottie Scheffler weathers storm to claim fourth win in five starts. Is he the most dominant golfer since Tiger Woods in his prime?
▼ + stars: | 2024-04-22 | by ( Jack Bantock | ) edition.cnn.com time to read: +5 min

1 mastered the elements once more at a stormy RBC Heritage to reel in his fourth win in his last five starts. “I didn’t show up here just to have some sort of ceremony and have people tell me congratulations,” Scheffler told reporters Monday. Only two players had ever previously won or finished runner-up in five consecutive PGA Tour starts; Vijay Singh in 2004, and Woods on three separate occasions between 1999 and 2008. 1 prepares to chase a historic sixth this week, Scheffler is throwing in the towel – but not before one last jab. The Tour moves on to Los Angeles on Thursday for the Zurich Classic of New Orleans at TPC Louisiana.

Persons: Scottie Scheffler, Scheffler, Sahith Theegala, Woods, Bernhard Langer, ” Scheffler, “, Jared C, Tilton, ’, Meredith, Scott, Diane, I’m, ”, it’s, ’ I’ll, “ They’re, they’ll, Andrew Redington, Scheffler hasn’t, Germany’s Stephan Jaeger, Rory McIlroy, Vijay Singh, Aaron Doster, Nelly Korda, Nelly, she’s, Byron Nelson Organizations: CNN, RBC, Harbor, Augusta National, Getty, Texas Children’s Houston, USA, Sports, Chevron, PGA, Zurich, TPC Louisiana Locations: South Carolina, Harbor Town, Los Angeles, New Orleans

☆ A pro golfer almost hit a fan in the head with his shot. The lucky escapee caught the ‘scary’ moment on camera
▼ + stars: | 2024-03-18 | by ( Ben Morse | ) edition.cnn.com time to read: +3 min

CNN —As a golf fan watching at a tournament, you have the privilege of being up close to all the action. Then things turned sour on the 14th hole for the 33-year-old American golfer. With the 33-year-old’s progress towards the hole impeded by foliage, Homa was forced to attempt a relief shot back onto the fairway. However, when he did eventually attempt his third shot, Homa’s ball came within inches of hitting a fan, who was filming the golfer. Homa eventually struggled to a quadruple-bogey nine on the par-four 14th hole, ruling him out of contention for the tournament.

Persons: Max Homa, Homa, Jared C, Tilton, ”, ” Homa, X, “ Organizations: CNN, TPC Locations: Homa

☆ Players Championship: Austin Eckroat sees putt finally drop, only to get penalized for overhanging ball rule
▼ + stars: | 2024-03-17 | by ( Jack Bantock | ) edition.cnn.com time to read: +2 min

Eckroat’s birdie would have stood had his putt fallen during this time, but as it was classed as being “at rest”, an additional penalty stroke saw him card par for the hole. The rule drew the ire of some fans responding to video of the incident posted by the PGA Tour on X. Since the ball took longer than 10 seconds to drop, a stroke was added to Austin Eckroat's score and was counted as a par. pic.twitter.com/xwhGBzIy8z — PGA TOUR (@PGATOUR) March 17, 2024A similar series of events at last year’s PGA Championship involving American Lee Hodges saw the tournament’s rules body issue a statement explaining the penalty. There was no official statement from The Players rules committee for Eckroat’s incident as the penalty was “just the application of the rule,” a spokesperson for the PGA Tour told CNN.

Persons: Austin, Eckroat, Jared C, Tilton, Joel Dahmen, intently, ”, Michael McEwen, Austin Eckroat's, xwhGBzIy8z, American Lee Hodges, Xander Schauffele, Wyndham Clark Organizations: CNN, Getty, North, PGA, American, Players, PGA Tour, Eckroat, US Locations: American, Florida, North America

☆ Players Championship: Scottie Scheffler becomes first to ever defend ‘fifth major’ after Wyndham Clark’s crucial putt lips out
▼ + stars: | 2024-03-17 | by ( Jack Bantock | ) edition.cnn.com time to read: +4 min

CNN —Wyndham Clark thought his ball was in. Yet somehow, someway, the birdie putt the American star needed to force world No. 1 Scottie Scheffler into a playoff lipped out, crowning his compatriot as the first ever back-to-back winner of The Players Championship. 1 had played through neck pain for most of Friday’s second round, even receiving mid-play treatment from a physiotherapist. 6 Schauffele got within a few feet of forcing Scheffler back out, Clark came within millimeters.

Persons: CNN — Wyndham Clark, Scottie Scheffler, Scheffler, –, Arnold Palmer, golf’s, ”, “, Mike Ehrmann, ” Scheffler, ” Clark, Clark, Brian Harman, Xander Schauffele, Harman, Schauffele, Lynne Sladky, I’ve, “ I’m Organizations: CNN, PGA, PGA Tour, Arnold Palmer Invitational, – Locations: Florida, ’, ”, California

☆ Players Championship: Wyndham Clark’s ‘duff’ into dreaded 17th hole waters allows Xander Schauffele to nudge ahead
▼ + stars: | 2024-03-16 | by ( Jack Bantock | ) edition.cnn.com time to read: +6 min

CNN —Xander Schauffele capitalized on Wyndham Clark splashing a horror shot into the waters of the fabled 17th hole at TPC Sawgrass to nudge into a one stroke lead and tee up a grandstand finish at The Players Championship. “Why would you not tee the ball up when you can?” questioned Sky Sports Golf broadcaster Ewen Murray. Clark became the latest golfer to fall foul to the 17th hole. After matching Schauffele’s par at the last hole to sign off his two-under 70 round, Clark remains within striking distance of the $4.5 million winner’s purse. Having battled through a neck injury for most of his second round, Scheffler shot 68 as he bids to become the first golfer to ever win back-to-back Players titles.

Persons: Xander Schauffele, Wyndham Clark, Clark chunked, ”, Ewen Murray, “ He’s, Laura Davies, Clark, Lynne Sladky, Clark –, “, ” Clark, that’s, ’ ” Clark, John Ellis, “ I’m, Mike Ehrmann, Schauffele, Brian Harman, ” Harman rued, ” Harman, Jared C, Tilton, McIlroy England’s Matt Fitzpatrick, McNealy, Scottie Scheffler, Scheffler, Rory McIlroy’s, Webb Simpson, Justin Ray, It's, Simpson, McIlroy Organizations: CNN, PGA Tour’s, Sports, Getty, Northern, McIlroy Locations: Clark, “, Florida

☆ Players Championship: Ben Silverman spent all morning practicing one do-or-die shot. Here’s how it went
▼ + stars: | 2024-03-16 | by ( Jack Bantock | ) edition.cnn.com time to read: +3 min

CNN —Needing to make one miracle shot to stay in The Players Championship, it was do-or-die for Ben Silverman. “Let’s go make it happen,” his caddie quipped as he left the range, recorded in a video posted by the PGA Tour on X. pic.twitter.com/sfH6F6iNyl — PGA TOUR (@PGATOUR) March 16, 2024Yet there were no regrets from Silverman, a 14-year professional who has won twice on the Korn Ferry Tour, the PGA Tour’s developmental circuit. “There’s no point in putting so much pressure on it, just do the best I can,” reflected Silverman, who was making his Players Championship debut. The Japanese golfer teed off from the same hole Saturday morning at even-par overall, but saw his make-or-break 34-foot birdie putt come up just short to fall one shot short of the cut line.

Persons: Ben Silverman, Silverman, Ryo Hisatsune, “ Let’s, Silverman –, sfH6F6iNyl, ”, “ Didn’t, ” Silverman, Mike Ehrmann, Hisatsune, teed, Justin Thomas, Jordan Spieth, Thomas, Wyndham Clark, Xander Schauffele, Nick Taylor Organizations: CNN, PGA, TPC Locations: –

☆ Players Championship: Adam Hadwin hurled his club into the water in disgust. His wife saw the funny side
▼ + stars: | 2024-03-15 | by ( Jack Bantock | ) edition.cnn.com time to read: +3 min

CNN —Golfer Adam Hadwin had built a superb reputation for staying dry at The Players Championship. On Thursday, the water took its long-awaited revenge by claiming two of his balls – and even a club. Across more than four decades, hundreds of the PGA Tour’s finest players have watched in horror as their tee shot splashed into the lake at TPC Sawgrass’ iconic par-three 17th hole. Yet on all of his 28 previous visits to the penultimate tee at the ‘fifth major’, Canada’s Hadwin had safely found the island green. Ten players had found the lake from the tee during the first round, though New Zealand’s Ryan Fox aced the hole, becoming the 14th golfer in Players history to do so.

Persons: Adam Hadwin, Canada’s Hadwin, Hadwin, Sam Greenwood, Hadwin –, Jessica, ” Hadwin, Mike Carlson, Wyndham Clark, Xander Schauffele, Rory McIlroy –, Maddox, day, a, Ze Organizations: CNN, PGA Locations: eled by

☆ 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

☆ Scottie Scheffler: Why Grandma’s chocolate pie and staying humble is the perfect recipe for the world No. 1
▼ + stars: | 2024-03-12 | by ( Don Riddell | Jack Bantock | ) edition.cnn.com time to read: +5 min

The American returns to TPC Sawgrass on Thursday bidding to become the first player ever to retain golf’s unofficial “fifth major” – The Players Championship. His seventh PGA Tour title came almost a year to the day since his last triumph on the circuit – also by five strokes – at TPC Sawgrass. 1 is such a fan of her chocolate cream pie that the head chef at the TPC Sawgrass clubhouse served the family his rendition of the treat earlier this month. I keep telling her to cut me smaller pieces of the pie, but that pie just keeps getting bigger. “Golf does a good job of keeping you humble and motivated.”Scheffler laughs with tournament host Woods after winning the Hero World Challenge - an unofficial event on the PGA Tour - in December.

Persons: Scottie Scheffler, Arnold Palmer, Mary Delorenzo, –, Scheffler, Grandma, ” Scheffler, CNN Sport’s Don Riddell, “, Chris Condon, “ It’s, ”, ” Matt Voskuil, Tiger Woods, it’s, It’s, didn’t, Woods, Mike Ehrmann, Quizzed, Meredith, I’m, I’ve, golf’s Organizations: CNN, Arnold Palmer Invitational, Sunday, TPC, PGA, you’re, University of Texas, Cowboys Locations: Dallas

☆ 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

☆ Nick Taylor wins raucous WM Phoenix Open in playoff after crowd trouble bedevils tournament
▼ + stars: | 2024-02-12 | by ( Jack Bantock | ) edition.cnn.com time to read: +5 min

CNN —Canada’s Nick Taylor completed a dramatic late fightback to win the WM Phoenix Open in a playoff on Sunday, after crowd trouble marred the notoriously raucous PGA Tour event at TPC Scottsdale in Arizona. Taylor sealed his second playoff victory in under a year. Orlando Ramirez/Getty Images“He [Hadwin] dodged security this time, so it’s good,” Taylor, who jumped 27 places to world No. During Friday’s second round, a fan suffered non-life-threatening injuries after a fall at the 16th hole, a statement from the PGA Tour said. Police and staff apprehend a fan dressed as William Wallace from "Braveheart" after he ran onto the 11th hole during the second round.

Persons: Nick Taylor, Taylor, Charley Hoffman, birdied, Adam Hadwin, Orlando Ramirez, ” Taylor, “, ” Hoffman, Scottie Scheffler, Scheffler, Steve Stricker, John, Sam Burns, Gretzky, Canada's Taylor, Steph Chambers, Jock Holliman, Carlos Ortiz, William Wallace, ”, Christian Petersen, Zach Johnson, Billy Horschel, Buddy, ” Horschel, “ He’s Organizations: CNN, WM, Winnipeg -, RBC Canadian, PGA, John Deere, Getty, Sky Sports, Police, Thunderbirds, Ryder Locations: Scottsdale, Arizona, Winnipeg

SCOTTSDALE, Ariz. (AP) — Scottie Scheffler surged into contention to win a third straight Phoenix Open on Sunday, overcoming a huge mistake on the 18th hole to shoot a 5-under 66 in the weather-delayed third round. Scheffler was at 13 under, two shots behind Sahith Theegala and Nick Taylor as players struggle to avoid a Monday finish amid a second straight week of weather issues on the PGA Tour. Theegala matched Taylor's two-putt birdie on the short par-4 17th to tie for the lead and shot 69. Charley Hoffman had four straight birdies to close out a 64 and was tied with Andrew Novak at 14 under. A long weather delay pushed the first round into Friday, and the tournament has tried to play catchup ever since.

Persons: Scottie Scheffler, Scheffler, Sahith Theegala, Nick Taylor, Steve Stricker, Taylor, Theegala, Charley Hoffman, Andrew Novak, catchup, Zach Johnson, Tom Hoge, ___ Organizations: PGA, John Deere, Scottsdale Locations: SCOTTSDALE, Ariz

Taylor tied the course record with an 11-under 60 in the first round and shot 70 in the second. That moved much of the second round into Saturday and there was another delay — this one for just 21 minutes — in the morning because of unplayable conditions. Scottie Scheffler — eyeing his third straight Phoenix Open win — shot 66 and is four shots back at 8 under. Theegala shot up the leaderboard on the back nine, with birdies on Nos. The 26-year-old — a three-time All-American at Pepperdine — earned his first PGA Tour win last year at the Fortinet Championship.

Persons: Theegala, Nick Taylor, Andrew Novak, Taylor, Novak, It’s, McNealy, Doug Ghin, Scottie Scheffler — eyeing, He's, Justin Thomas, Jordan Spieth, Pepperdine —, ” Theegala, ” Organizations: TPC Scottsdale, Phoenix, PGA, American, Pepperdine, “ Locations: SCOTTSDALE, Ariz

SCOTTSDALE, Ariz. (AP) — Sahith Theegala returned from a lengthy weather delay to finish off a 6-under 65, taking the early lead in the unfinished first round of the Phoenix Open on Thursday. Five days after weather shortened the AT&T Pebble Beach Pro-Am to 54 holes, storms followed the PGA Tour to the desert. Theegala broke through with his first PGA Tour win last fall at the Fortinet Championship, earning a spot in The Sentry to open the 2024 season. He chipped in on the par-4 second to start a run of three straight birdies before a bogey on No. 4 and had three straight birdies before the round was called because of darkness.

Persons: Sahith Theegala, Theegala, Andrew Novak, Kim eagled, Shane Lowry, Jordan Spieth, Scottie Scheffler, Steve Stricker, Chris Kirk, Kim bogeyed, Kim, Novak Organizations: Phoenix, Scottsdale, John Deere, PGA, Pepperdine Locations: SCOTTSDALE, Ariz, Maui, imbibe

☆ 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

And then on Sunday, Dunlap will attempt to become the first amateur to win on the PGA Tour in 33 years. “The hole looked like a funnel.”Only seven amateurs have won on the PGA Tour since 1945, and only four since 1950. Burns shot a steady 65 on the Stadium Course to stay in contention after taking the lead with his career-low 61 on Friday. Dunlap shot a bogey-free 65 on the Stadium on Friday for the highest score of his three impressive rounds. Just hit one good shot at a time, and try to stack ’em and give myself a lot of good looks."

Persons: Nick Dunlap's, Dunlap, Sam Burns, Justin Thomas, Patrick Cantlay's, Cantlay, ” Dunlap, Phil Mickelson, Burns, Thomas, It’s, Didn't, ” Thomas, he's, I've, “ Nick, he’s, ” Burns, “ He’s, Tiger Woods, Bob Hope, Jordan Spieth, Africa's Christiaan Bezuidenhout, Xander Schauffele, Scottie Scheffler, ___ Organizations: PGA, University of Alabama, The American Express, La Quinta Country Club, Tucson, Arizona State, Crimson Tide, LSU, Crimson, Tiger, U.S . Amateur, U.S . Junior, American, FedEx, John Deere Locations: QUINTA, Calif, Palm Springs, Highlands, Alabama

☆ 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

☆ 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

How can someone that talented go more than four years without winning on the LPGA Tour? It's not about how many men Thompson beat over 36 holes. Golf is one of the few sports that allows for men and women playing together, and the PGA Tour is just now getting up to speed. Men and women compete for one prize (the women play from a shorter set of tees). There was chatter several years ago about combining the Tournament of Champions at Kapalua for winners from the PGA Tour and LPGA Tour.

Persons: Lexi Thompson, Thompson, —, It's, Michelle Wie, Adam Scott, Butch Harmon, Wie, Grant Thornton, Rickie Fowler, JC Penney, John Daly, Laura Davies, Linn Grant, it's, — Nelly Korda, ___ Organizations: PGA, LPGA, Shriners, Globe, Solheim, Sony, Grant, Grant Thornton Invitational, PGA Tour, JC, Australian, European Tour, Ryder, IOC Locations: Las Vegas, Europe, Sweden, Florida, Los Angeles

☆ Tom Kim becomes youngest golfer to win three PGA Tour titles since Tiger Woods
▼ + stars: | 2023-10-16 | by ( Jack Bantock | ) edition.cnn.com time to read: +5 min

Almost exactly a year on from easing to a three-shot victory at the same event, it makes Kim the first golfer to defend the Shriners Children’s Open since Jim Furyk in 1999, and the youngest to win three PGA Tour titles since Tiger Woods. Orlando Ramirez/Getty ImagesA meteoric riseSunday’s success moves Kim, who clinched his maiden PGA Tour title at the Wyndham Championship in August 2022, up five places to a career-high world No. “Certainly because I’m 21, I’m not the oldest guy out here, and the kids here are even younger than me. 46 Hadwin had looked on course for a second PGA Tour title before disaster struck at the par-five 16th hole, his approach shot splashing into the water. It’s the best feeling just seeing the amount of kids out there screaming ‘Lexi, Lexi, go Lexi’.

Persons: Tom Kim, Korean phenom, Adam Hadwin, Kim, Jim Furyk, Tiger Woods, Ferrero Rocher, “ I’m, ” Kim, “, ” Kim toasts, Orlando Ramirez, Brian Harman, it’s, Shriners Children’s, I’m, Hadwin, ” Hadwin, “ Tom, Thompson, Lexi Thompson, teed, Babe Didrikson Zaharias, ” Thompson, Lexi, Lexi ’, ” Organizations: CNN, Korean, Shriners, Shriners Children’s, Wyndham Championship Locations: Las Vegas, Vegas, Europe

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