DIRS.INFO The most relevant business & tech news

☆ 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

Tiger Woods sounded more optimistic about playing golf next year than he did about the PGA Tour finalizing a deal with Saudi Arabia or private investors by the end of the year. Woods said only there were options, a lot of moving parts and that all sides were working aggressively toward finalizing a deal. “All the parties are talking and we’re aggressively working on trying to get a deal done,” he said. The other direction is working toward a finalized deal by the end of the year, or soon thereafter. Woods also is seen as a top candidate to be the next U.S. Ryder Cup captain for Bethpage Black in 2025.

Persons: Woods, LIV Golf, Jay Monahan, “, ”, Monahan, we’re, PIF, Henry Kravis, George Roberts, ” Woods, LIV, he's, ___ Organizations: PGA, Public Investment Fund, Fenway Sports Group, Riviera, Ryder, Bethpage Black Locations: Saudi Arabia, Bahamas, “

Tiger Woods is returning to the PNC Championship, the 36-hole event that has become one of his favorites because of his partner: His son. Woods and 14-year-old Charlie are playing the PNC Championship for the fourth straight year, the one tournament he has not missed during the last injury-plagued four years. “It is an amazing gift to be able to share my love of golf with Charlie and we genuinely do look forward to playing in the PNC Championship all years,” Woods said Wednesday. “Competing together, against a field of so many golfing greats and their families, is so special.”The PNC Championship is Dec. 16-17 at the Ritz-Carlton Golf Club Orlando at Grande Lakes. Because the PNC Championship is run by the PGA Tour Champions, Woods is allowed to ride in a cart.

Persons: Woods, Charlie, ” Woods, “, Steve Stricker, Izzi, Padraig Harrington, Ciaran, Paddy, ” Harrington, Lee Trevino, ___ Organizations: PNC, PNC Championship, Ritz, Carlton Golf Club Orlando, PGA Locations: Grande Lakes, Woods, Los Angeles, Bahamas, Wisconsin

☆ Tiger Woods: Inflatable dome collapse delays indoor golf venture by a year
▼ + stars: | 2023-11-21 | by ( Jack Bantock | ) edition.cnn.com time to read: +4 min

CNN —Tiger Woods and Rory McIlroy’s high-tech indoor golf venture, the TGL, has been delayed by a year after the inflatable dome of its custom-built Florida venue deflated, organizers announced Monday. Organizers said the league’s 24 players, six team ownership groups and other key partners, including the PGA Tour, had been consulted ahead of the postponement. TGLThe venture is the brainchild of TMRW Sports, a company co-founded by Woods and McIlroy. Both players are set to compete in the league, for Jupiter Links Golf Club and Boston Common Golf respectively. TGLEach team represents a different US city, state or town; Atlanta, Boston, Los Angeles, New York, San Francisco and Jupiter.

Persons: Woods, Rory McIlroy’s, “, McIlroy, “ I’ve, ” Woods, ” McIlroy, –, Patrick Cantlay, Xander Schauffele, Matt Fitzpatrick, Max Homa, Wyndham Clark, Jon Rahm, ” Rahm, Serena, Venus Williams, Steph Curry Organizations: CNN, PGA, SoFi, Palm Beach State College, PGA Tour, TGL, TMRW Sports, Jupiter, Boston, ESPN, Golf, San Francisco, Fenway Sports Group, Boston Red Sox, Pittsburgh Penguins, NASCAR’s RFK Racing, English Premier League football club Liverpool Locations: Florida, Palm, Atlanta, Boston, Los Angeles , New York, San Francisco

☆ From Sin City to Sports Central: How Las Vegas is betting big on a lucrative industry
▼ + stars: | 2023-11-19 | by ( Alicia Wallace | ) edition.cnn.com time to read: +8 min

But for many decades, the NFL and other leagues opposed having sport franchises in Las Vegas, most likely due to the city’s deeply rooted gambling industry. “Vegas fans tend to be sports fans, too, and sports have helped us expand the customer base that are willing to consider Las Vegas,” Hill said. And during the past two years, Las Vegas and other tourist-centric cities have benefitted from consumers’ post-pandemic splurges on experiences and travel versus goods. The Las Vegas Strip can be seen outside the lanai doors at Allegiant Stadium during a game on October 15, 2023, in Las Vegas, Nevada. Ethan Miller/Getty Images/FILEAs the pandemic wore on, construction continued on expanding the Las Vegas Convention Center as well as the Raiders’ Allegiant Stadium, among other projects.

Persons: ”, Andrew Woods, ” Woods, Woods, Roger Goodell —, ” Goodell, John Fisher, Steve Hill, ” Hill, Ethan Miller Organizations: Minneapolis CNN, Athletics, NCAA, NFL Pro Bowls, NBA, MLS, Center for Business, Economic Research, University of Nevada, Sunday’s, Las Vegas, Prix, UNLV’s Lee Business School, NFL, National Hockey League, Oakland Raiders, Major League Baseball, Oakland Athletics, Las Vegas Convention, Visitors Authority, UNLV, “ Entertainment Capital, Sports, Entertainment Capital, Las, Nevada Gaming Control, Getty, Las Vegas Convention Center, Raiders Locations: Minneapolis, Las Vegas, Vegas, Bellagio, Clark County , Nevada, Covid, United States, Las Vegas , Nevada

Woods announced on social media Saturday he will be playing in the Hero World Challenge, which starts Nov. 30 at Albany Golf Club in the Bahamas. The 20-man field is for the top 50 in the world ranking, though the tournament host — Woods — is exempt. Woods will be playing the Hero World Challenge for the first time since 2019. Woods has not won since the Zozo Championship in Japan in the fall of 2019, the year he won the Masters for his 15th major. The Hero World Challenge is 72 holes with no cut.

Persons: Woods, caddying, —, ” Woods, ”, Charlie, Andrews, ___ Organizations: Albany Golf Club, Associated Press, St Locations: Bahamas, Los Angeles, British, Japan

☆ Chevron takeover of Hess resurrects multi-billion dollar tax shield
▼ + stars: | 2023-11-14 | by ( Tim Mclaughlin | ) www.reuters.com time to read: +5 min

“The tax benefits were definitely factored into how Chevron valued Hess,” said Donald Williamson, an accounting professor at American University’s Kogod School of Business. “When you combine the companies, we have the greater U.S. income, and we can use those net operating losses,” he said. The bottom line effect, when that loss limit is multiplied by the U.S. federal tax rate of 21%, is extra cash flow that could top $400 million a year. “There’s a strong and appropriate case to increase the corporate income tax rate.”Last year, corporate tax revenue totaled a record $425 billion, according to the Congressional Budget Office. Over the past decade, Chevron's current U.S. federal tax expense has averaged $40 million a year.

Persons: Dado Ruvic, Hess, ”, Donald Williamson, “, Pierre Breber, Williamson, Jim Seida, Jean Ross, Exxon, Darren Woods, ” Woods, Tim McLaughlin, Marguerita Choy Organizations: Chevron, Hess, REUTERS, Kogod School of Business, Internal Revenue Service, U.S, University of Notre Dame, Center for American Progress, Congressional, Graphics, Exxon Mobil, Pioneer Resources, Exxon, Reuters, Boston College, Thomson Locations: U.S, Chevron

Tiger Woods couldn't be more involved with primetime TGL unless he had built the arena. Woods, Rory McIlroy and former Golf Channel president Mike McCarley are founding partners in TMRW Sports, the sports and entertainment company behind TGL. “Having the opportunity to not only compete, but also own a team to represent Jupiter is an exciting next chapter for me,” Woods said Tuesday. Woods referred to TGL as a “modern twist of traditional golf” that ultimately will make it more accessible by leaning the glitz of technology. The prize fund is $21 million, with $9 million going to the winning team and players eventually getting equity in the league.

Persons: He's, Woods, David Blitzer, Rory McIlroy, Mike McCarley, ” Woods, Woods hasn't, ” McCarley, McIlroy, Keegan Bradley, Adam Scott, Tyrrell Hatton, Arthur Blank, Alexis Ohanian, Venus Williams, Alex Morgan, Michelle Wie West, Steven Cohen, Marc Lasry, Stephen Curry, Blitzer, “, I've, ”, —, LIV, TGL, Collin Morikawa, Bradley Organizations: TGR Ventures, Jupiter, Golf Channel, TMRW Sports, “, SoFi, ESPN, Technology, Fenway Sports Group, New England, Keegan, Atlanta, Atlanta Falcons, Los Angeles Golf Club, New York Mets, Avenue, Fund, Golden State, —, Philadelphia 76ers, New Jersey Devils, Cleveland Guardians, Washington Commanders, Real Salt Lake, Crystal Palace FC, Premier League, Ryder, Saudi, LIV Golf Locations: Palm Beach Gardens , Florida, Los Angeles, Boston, Serena, New York, San Francisco, Golden, American, Real Salt, LIV .

☆ Tiger Woods and US sporting royalty set to tee off high-tech indoor golf league
▼ + stars: | 2023-11-01 | by ( Jack Bantock | ) edition.cnn.com time to read: +6 min

Staged in partnership with the PGA Tour, the televised indoor golf league – the TGL – is the brainchild of TMRW Sports, a company co-founded by Woods and Rory McIlroy, and will feature 15 of the world’s current top 20-ranked men’s players. Here’s everything you need to know about the competition before it tees off on January 9. Meanwhile TGL New York is led by New York Mets owner Steven A. Cohen and his family office, Cohen Private Ventures. How to watchThe first two-hour match will air on ESPN and ESPN+ from 9 p.m. ET (1 a.m. GMT) on Tuesday January 9, with the second match aired a week later at 7 p.m.

Persons: Woods, Steph Curry, Williams, Rory McIlroy, TGL, ” Woods, “, –, TGL Who’s, Justin Thomas, Arhthur, Blank, McIlroy, Jon Rahm, Patrick Cantlay, Xander Schauffele, Matt Fitzpatrick, Max Homa, Wyndham Clark, Scottie Scheffler, Viktor Hovland, Brian Harman, Richard Heathcote, Tom Kim, Tyrrell Hatton, Tommy Fleetwood, Cam Young, Keegan Bradley, Collin Morikawa, Rickie Fowler, Thomas, Sahith Theegala, Lucas Glover, Shane Lowry, Justin Rose, Adam Scott, Min Woo Lee, Billy Horschel, Kevin Kisner, Serena, Venus Williams, Alexis Ohanian, Giannis Antetokounmpo, Alex Morgan, Michelle Wie, Marc Lasry’s, Curry, Andre Iguodala, Klay Thompson, Steven A, Cohen Organizations: CNN, PGA Tour, TMRW Sports, NBA, NFL, Premier League, Palm Beach State College, Atlanta, GC, The Home Depot, MLS, Atlanta Falcons, Atlanta United, TGL, ESPN, Fenway Sports Group, Boston Red Sox, Pittsburgh Penguins, NASCAR’s RFK Racing, English Premier League football club Liverpool . Los, Reddit, National Women’s Soccer League, Angel City FC, Women’s National, Sports Fund, Golden State Warriors, New York Mets, Private Ventures, ABC Locations: Florida, American, Palm, LAGC, TGL New York

☆ Columbia University postpones major fundraiser amid tensions over Israel-Hamas war
▼ + stars: | 2023-10-25 | by ( Matt Egan | ) edition.cnn.com time to read: +6 min

New York CNN —Columbia University has postponed its massive Giving Day fundraising event scheduled for Wednesday amid simmering tensions on campus over the Israel-Hamas war. At Columbia, school officials took the rare step earlier this month of shutting the campus down to the public as two simultaneous rallies were held on school grounds. That decision came after the assault of a Columbia student who was hanging up posters on campus in support of Israel. In a statement on Tuesday, the alumni club of Israel said it is now “formally disengaged” from UPenn. We are reviewing this incident and will take any appropriate steps with respect to the individuals involved in accordance with university policies,” the university said.

Persons: “, Samantha Slater, ”, Minouche Shafik, Shai Davidai, Shafik, it’s, ” Davidai, “ Ben Franklin, Doc Hoch, Dalia Hope Levine, Liz Magill, Dick Wolf, Jon Huntsman, Cliff Asness, Marc Rowan, Rowan, Emil Woods, Magill, “ Penn, Penn, ” Woods, Rowan . Woods Organizations: New, New York CNN — Columbia University, Columbia, University, Columbia Business School, University of Pennsylvania, Penn Alumni Club of Israel, Ivy League, Palestine, CNN, “, George Washington University Locations: New York, Israel, Columbia, Gaza, America, UPenn, New Jerusalem, Jerusalem, Palestine, Washington , DC

The deal, valued at $253 a share, would be Exxon's biggest since its $81 billion purchase of Mobil Oil in 1998, years before the shale boom began. It combines the largest U.S. oil company with one of the most successful names to emerge from the shale revolution that turned the country into the world's largest oil producer in little more than a decade. Pioneer is the Permian's largest operator accounting for 9% of gross production, while Exxon occupies the No. "The combination of ExxonMobil and Pioneer creates a diversified energy company with the largest footprint of high-return wells in the Permian Basin," said Pioneer CEO Scott Sheffield. Under Sheffield, Pioneer grew through rapid-fire purchases, including multi-billion dollar deals in 2021 for DoublePoint Energy and Parsley Energy.

Persons: Darren Woods, ” Woods, Scott Sheffield, Shubhendu, Anirban Sen, Sabrina Valle, Gary McWilliams, Rashmi Aich, Jamie Freed, Sriraj Organizations: Exxon Mobil, Natural Resources, Mobil Oil, Exxon, Reuters, Pioneer, RBC Capital Markets, ExxonMobil, DoublePoint Energy, Parsley Energy, BG Group, Denbury, Shubhendu Deshmukh, Thomson Locations: HOUSTON, Ukraine, U.S, Sheffield, Bengaluru, New York, Houston

☆ Charlie Woods shoots career-best round to win junior golf tournament – with dad Tiger on the bag
▼ + stars: | 2023-09-26 | by ( Jack Bantock | ) edition.cnn.com time to read: +4 min

CNN —A Woods was back in the winner’s circle this weekend – but not the one golf fans grew accustomed to seeing. This time, Tiger Woods played caddie to his son Charlie as the 14-year-old shot the best round of his fledgling career to win his age group’s regional qualifier for the Notah Begay III Junior Golf National Championships. “It’s hard to think, ‘You’re tied for the lead, you have to go shoot a low round to win this thing,’” the 14-year-old Woods told tournament organizers. Focus up, this is what we’re gonna do.’”Woods helps his son decide his next shot during the tournament. The 47-year-old Woods was also on bag duty at last year’s regional qualifier, held at the same venue, where a then-career-best 68 round saw his son finish tied-fourth.

Persons: Tiger Woods, caddie, Charlie, Woods, birdies, ‘ You’re, don’t, Shane Croft, Chase, “, ” Woods, Instagram It’s, Zach Johnson, Johnson, Marco Simone Golf, “ He’s, ” Johnson, he’s, you’re, it’s, ” Organizations: CNN, PNC, Ryder, Marco Simone Golf Club Locations: Orlando , Florida, Coushatta , Louisiana, Orlando, Rome

— Lee Westwood, whose 47 matches are tied for most with Phil Mickelson in Ryder Cup history (Westwood had one fewer appearance). His four Ryder Cup appearances were marked by testy exchanges, one of which prompted Ballesteros to refer to the U.S. team as “11 nice guys and Paul Azinger.”Did he not live for the Ryder Cup? He was defensive at times about his Ryder Cup performance, especially after starting out 5-8-2 while on two of three losing teams. Justin Thomas is one player who has a chance to be the American face of the Ryder Cup. He was roasted at the start of 2018 when he said he'd rather win the Ryder Cup than win a major.

Persons: GUIDONIA MONTECELIO, Ryder, There's, ” Paul Azinger, Ian Poulter, Rory McIlroy, — Colin Montgomerie, — Lee Westwood, Phil Mickelson, Westwood, Seve Ballesteros, Sergio Garcia, Lanny Wadkins, ” Wadkins, Jack Nicklaus, Wadkins, “ Lanny, ” Azinger, “ There's, Raymond Floyd, ” It's, Azinger, Ballesteros, Paul Azinger, “, They're, ”, McIlroy, Rory, Woods, ” Woods, Justin Thomas, he'd, Thomas, “ Jordan Spieth, “ Justin Thomas, ” Curtis Strange, Strange, “ it's Organizations: Team Europe, Ryder, PGA, U.S, Spieth, ” Locations: Italy, Europe, “, America, ”, Wadkins, Whistling Straits, American, Dallas

CNN —Golf’s power structure took a sharp shift to the players Tuesday when Tiger Woods was named as the sixth player director on the powerful PGA Tour policy board. The move gives the players a one-seat advantage on the board after the controversial merger in June between the PGA Tour and Saudi-backed LIV Golf. Five of the policy board members are independent directors, with professional backgrounds in law and business. “I am honored to represent the players of the PGA TOUR. Many elite PGA golfers accepted highly lucrative offers from LIV Golf, including Phil Mickelson, Dustin Johnson, Sergio Garcia and Bubba Watson.

Persons: Tiger Woods, LIV Golf, ” Woods, Jay, Monahan, Woods, Rory McIlroy, Webb Simpson, Patrick Cantlay, Charley Hoffman, Peter Malnati, McIlroy, LIV, “, Golf, Phil Mickelson, Dustin Johnson, Sergio Garcia, Bubba Watson, Sen, Richard Blumenthal, Greg Norman, ” Monahan, Colin Neville, Neville, Ben Morse Organizations: CNN, Tour, PGA Tour, LIV, PGA, Washington Post, Saudi Public Investment Fund, Capitol Hill, Saudi, Premier Golf League Locations: Saudi, Connecticut

“I have argued for years that the biggest banks in the world are still too big to fail. In practice, however, the economic damage would be considerable.”Keller-Sutter was at the center of a government-orchestrated rescue of Credit Suisse by its larger rival UBS (UBS) earlier this month. Global standards for dealing with teetering “too big to fail” banks were key a part of the package of rules introduced after the global financial crisis. They were designed to make it possible to wind down a big bank without destabilizing the financial system or exposing taxpayers to the risk of losses. The rest is lent out at higher interest rates or invested, because that’s how big banks make most of their profit.

“I have argued for years that the biggest banks in the world are still too big to fail. In practice, however, the economic damage would be considerable.”Keller-Sutter was at the center of a government-orchestrated rescue of Credit Suisse by its larger rival UBS (UBS) earlier this month. They were designed to make it possible to wind down a big bank without destabilizing the financial system or exposing taxpayers to the risk of losses. Although some investors in Credit Suisse bonds lost everything, Swiss taxpayers are still on the hook for up to 9 billion Swiss francs ($9.8 billion) of potential losses arising from certain Credit Suisse assets. The rest is lent out at higher interest rates or invested, because that’s how big banks make most of their profit.

☆ Tiger Woods calls for LIV Golf boss Greg Norman to stand down
▼ + stars: | 2022-11-30 | by ( George Ramsay | ) edition.cnn.com time to read: +3 min

CNN —Tiger Woods has called for Greg Norman, the CEO of the Saudi-backed LIV Golf series, to stand down amid a rift with the PGA Tour. Earlier this year, LIV Golf joined an antitrust lawsuit alongside some of its players, alleging that the PGA Tour threatened to place lifetime bans on players who participate in the LIV Golf series. David Cannon/Getty ImagesThe LIV Golf series is backed by Saudi Arabia’s Public Investment Fund (PIF) – a sovereign wealth fund chaired by Mohammed bin Salman, the crown prince of Saudi Arabia. Woods – who returned to golf earlier this year following serious injuries sustained in a car accident – has previously voiced opposition to the LIV Golf series, and on Wednesday, he reaffirmed his stance. LIV Golf declined to comment on Woods’ latest remarks when contacted by CNN.

Search resuls for: "” Woods"

19 mentions found