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In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThis is the right kind of deal for this market, says GTCR Co-CEO Collin Rocheon on Worldpay dealCollin Roche, GTCR co-CEO, joins 'Closing Bell Overtime' to talk its purchase of Worldpay shares, the fintech market at large, and more.
Persons: GTCR, Collin Rocheon, Collin Roche
While the statement does not identify Thunberg by name, a spokesperson for the Swedish Prosecution Authority, Annika Collin, confirmed to CNN that the woman referred to is Thunberg. The charges relate to Thunberg’s participation in a protest organized by the activist group Ta Tillbaka Framtiden, which blocked oil tankers in part of Malmö harbor. “Today, for the third day in a row, young activists from @tatillbakaframtiden have blocked oil tankers in the Malmö oil harbour. Irma Kjellström, spokesperson for Ta Tillbaka Framtiden, said Thunberg was one of many young people blocking oil tankers. In January, Thunberg was detained by police during a protest in the village of Lützerath, Germany, over the expansion of a coal mine.
Persons: CNN —, Greta Thunberg, , Annika Collin, ” Thunberg, Irma Kjellström, Ta, Thunberg, Organizations: CNN, CNN — Sweden’s, Authority, Swedish Prosecution Authority, Locations: Malmö, , Lützerath, Germany
Triumph at the Rocket Mortgage Classic on Sunday ended the Fowler’s four year wait for a sixth PGA Tour title as the 34-year-old emerged victorious from a three-way playoff at Detroit Golf Club in Michigan. By July 2022, he found himself outside the world’s top 150 ranked players for the first time since his rookie season on the PGA Tour 12 years prior. Brian Spurlock/Icon Sportswire/APNear-misses for Hadwin and Morikawa extended the pair’s search for further PGA Tour wins. The fans still come out to see him no matter how he’s playing, but he’s been playing well. “Look how he’s been playing, especially the US Open, the scores he’s been posting last week, it’s awesome.
Persons: Rickie Fowler, Ricky Romano –, Collin Morikawa, Adam Hadwin, Fowler, , “ I’m, cradling, Maya, Allison Stokke Fowler, , Allison, Carlos Osorio, ” Fowler, it’s, rocketed Fowler, I’ve, ” Fowler birdies, Brian Spurlock, Morikawa, Hadwin, Morikawa’s, “ It’s, he’s, ” Morikawa, Organizations: CNN, Rocket, Detroit Golf Club, Waste Management, PGA, PGA Tour, Royal Liverpool Locations: Michigan, , Arizona, Los Angeles
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/opec-woos-guyana-the-tiny-nation-that-sits-atop-massive-oil-field-19031324
Persons: Dow Jones Organizations: woos Locations: guyana
Floating rate notes' short duration gives them a measure of relative price stability, while offering investors' portfolios some support through variable income. It's the prospect of higher rates for longer, along with the inverted yield curve, that make floating rate notes an attractive play for some. For his clients, Winter has committed between a quarter and a third of investors' fixed income allocation to floating rate notes. "It's lower coupon rates versus the opportunity to lock in high fixed rates now if you consider the environment," said Collin Martin, fixed income strategist at Charles Schwab. That means in a recession, you may not get an increase in floating rate note prices to offset a decline in equities, he said.
Persons: Allison Bonds, Bonds, Jerome Powell, Paul Winter, Winter, aren't, Collin Martin, Charles Schwab Organizations: State Street's U.S, Treasury Bond ETF, Federal Reserve, Federal, Five Locations: Treasurys
MLB roundup: Cycle helps Reds run win streak to 12
  + stars: | 2023-06-24 | by ( ) www.reuters.com   time to read: +9 min
Jhoan Duran handled the ninth inning for his 10th save as Minnesota's pitchers recorded 16 strikeouts. Pirates 3, Marlins 1Carlos Santana stroked a two-out, tiebreaking single in the ninth inning as Pittsburgh snapped a 10-game losing streak by rallying to beat Miami. The Pirates were down 1-0 entering the ninth inning before getting the best of Marlins closer A.J. Patrick Corbin (4-9) gave up seven runs on seven hits in five innings. Logan Webb (7-6) allowed four runs (three earned) in seven innings, helping the Giants to their 11th win in 12 games.
Persons: Elly De La Cruz, David Kohl, De La, Joey Votto, Collin McHugh, Alex Young, Alexis Diaz, Matt Olson, Mookie Betts, Emmet Sheehan, Angeles, Michael Busch, James Outman, Sheehan, Mauricio Dubon, Kyle Tucker, J.P, Jose Siri, Zach Eflin, Siri, Salvador Perez swatted, Nick Pratto, Zack Greinke, Trea Turner, Brandon Marsh, Bryce Harper, Taijuan Walker, Brandon Nimmo, Kodai Senga, Adolis Garcia, Joe Barlow, Anthony Rizzo, Will Smith, Michael King, Isiah Kiner, Aaron Judge, Logan Gilbert, Tom Murphy, Teoscar Hernandez, Ty France, Eugenio Suarez, Hernandez, Gilbert, Anthony Santander, Kyle Gibson, Kenta Maeda, Max Kepler, Maeda, Tommy John, Jhoan Duran, Royce Lewis, Andy Ibanez, Joey Wentz, Carlos Santana, Luis Arraez, Jesus Luzardo, Joe Musgrove, Musgrove, Seong Kim, Xander Bogaerts, Juan Soto, Michael Chavis, Patrick Corbin, Michael Conforto, Patrick Bailey, Logan Webb, Camilo Doval, Corbin Carroll, Zach Davies, Shea Langeliers, JJ Bleday, Langeliers, Oakland's Lucas Erceg, Trevor May, Vladimir Guerrero Jr, Jordan Romano, George Springer, Willy Adames, Wade Miley, Miley, Jose Ramirez, Shane Bieber, Brayan Bello, Rafael Devers, Devers, Bello, Lucas Giolito, Chicago's, Tim Anderson's, Elias Diaz, Diaz, Elehuris Montero, Coco Montes, Jurickson Profar, Shohei Ohtani, Mike Trout, Pierce Johnson, Justin Lawrence, Sam Bachman, Chris Devenski Organizations: Cincinnati Reds, Atlanta Braves, Reds, Cincinnati, Braves, Dodgers, Astros, The Astros, Rays, Royals, Tampa Bay, Kansas City, Phillies, Mets, Philadelphia, New, Rangers, Yankees, Texas, Mariners, Orioles, Seattle, Tigers, Detroit, Pirates, Marlins, Pittsburgh, Miami, The Pirates, Padres, Nationals, San Diego, Washington, Giants, Diamondbacks, San Francisco, Arizona, Athletics, Blue Jays, Oakland, Toronto, Brewers, Cleveland, Guardians, Red Sox, White Sox, Boston, Chicago, Angels, Colorado, Los Angeles, Rockies, Thomson Locations: Cincinnati , Ohio, USA, De La Cruz, Cincinnati, Houston, France, St . Petersburg, Fla, New York, Seattle, Baltimore, Minnesota, San, Milwaukee, Los, Denver, Colorado
Seoul, South Korea CNN —A US Coast Guard ship “conducted a routine Taiwan Strait transit” on Tuesday, according to a statement released by the US Navy. Koh’s database notes two occasions where Coast Guard cutters have sailed the strait with US Navy destroyers. China’s Coast Guard responded on Thursday on their official Weibo account where Gan Yu, the spokesperson of China’s Coast Guard, said that “on June 21 US Coast Guard Stratton sailed through the Taiwan Strait” and accused the US of “hyping up” the matter by announcing it publicly. According to the US, the Chinese ship came within 150 yards of the USS Chung-Hoon – less than the length of the Arleigh Burke-class ship itself. A Chinese military spokesperson later accused Washington of “deliberately stirring up trouble and risks in the Taiwan Strait.”
Persons: , USCGC, , Antony Blinken’s, Xi Jinping, Collin Koh, Xi, Gan Yu, Coast Guard Stratton, Haley Sims, Hoon, USS Chung, Arleigh Burke Organizations: South Korea CNN, Coast Guard, US Navy, Beijing, USCG, Rajaratnam, of International Studies, Navy, China’s Communist Party, Taiwan, China’s, Guard, Weibo, China’s Coast Guard, US, CNN, USS Locations: Seoul, South Korea, Taiwan, China, Singapore, Taiwan Strait, Canadian, Washington
Yet not everyone has given the host glowing reviews, including the major’s reigning champion Matt Fitzpatrick. And following Saturday’s third round, Fitzpatrick – whose hopes of becoming the first player to defend the US Open title since Brooks Koepka look slim – again spoke about the quality of the course and the atmosphere. Fitzpatrick added: “I’ve seen Brooks’ comments and I tend to agree with what he feels like that about this golf course. Yet firmer greens and fairways brought fresh criticisms of the course, and atmosphere, from Fitzpatrick on Saturday. “Very poor … It’s disappointing on the USGA side,” said Fitzpatrick of the atmosphere, according to Barstool Sports journalist Dan Rapaport.
Persons: Matt Fitzpatrick, England’s Fitzpatrick, , Fitzpatrick –, Brooks, I’d, Koepka, Fitzpatrick, “ I’m, ” Koepka, I’ve, Brooks ’, you’ve, , ” Fitzpatrick, Matt York, Padraig Harrington, ” Harrington, ” Brooks, Scottie Scheffler, ” Scheffler, Rickie Fowler, Xander Schauffele, Dan Rapaport, Collin Morikawa, Tom Kim, ” Kim, can’t Organizations: CNN, Los Angeles Country Club, Sky Sports, ESPN, United States Golf Association, USGA, Barstool Sports, Los Locations: American, LA, Los Angeles, Korean
MLB roundup: Down to last strike, Giants stun Cards
  + stars: | 2023-06-15 | by ( ) www.reuters.com   time to read: +12 min
Ronald Acuna Jr. supplied three hits, including a homer, and drove in three runs for the Braves. Spencer Strider (7-2) gave up five runs, including three homers, in five innings but still collected the win. Orlando Arcia had two hits and drove in two runs for Atlanta, which has won nine of its last 11. Detroit starter Michael Lorenzen (2-4) gave up all six Braves runs and nine hits in six innings. Astros 5, Nationals 4Jose Abreu recorded two extra-base hits and three RBIs and scored with two outs in the ninth inning as host Houston edged Washington.
Persons: Mike Yastrzemski, Jeff Curry, Thairo Estrada, Wilmer Flores, LaMonte Wade Jr, Francisco, Jakob Junis, Taylor Rogers, Ryan Walker, Tyler Rogers, Camilo Doval, Tommy Edman, Steven Matz, Brandon Nimmo, Isiah Kiner, Dominic Leone, Josh Donaldson, Mark Vientos, Albert Abreu, Nick Ramirez, Nimmo, Michael Harris II, Ronald Acuna Jr, Orlando Arcia, Spencer Strider, Miguel Cabrera, Eric Haase, Spencer Torkelson, Reese Olson, Ozzie Albies, Eddie Rosario, Collin McHugh, Joe Jimenez, A.J, Minter, Jake Rogers, Andy Ibanez, Matt Vierling, Michael Lorenzen, Mike Tauchman, Dansby Swanson, Osvaldo Bido, Roansy Contreras, Contreras, Drew Smyly, Carlos Correa, Bailey Ober, Brian Anderson, Luis Urias, Ober, Colin Rea, Jose Berrios, George Springer, Berrios, Adley Rutschman, Kyle Bradish, Toronto's Jordan Romano, Ryan O'Hearn, Austin Hays, Aaron Hicks, Adam Frazier, Jose Abreu, Hunter Harvey, Jake Meyers, C.J . Abrams, Kyle Tucker, Keibert Ruiz, Meyers, Abreu, Marcus Semien, Corey Seager, Jimmy Herget, Seager, Shohei Ohtani, Will Smith, Smith, Mike Trout, Anthony Rendon, Matt McLain, Stuart Fairchild, McLain, Jonathan India, Spencer Steer, Edward Olivares, Bobby Witt Jr, Jake Burger, Clint Frazier, Luis Robert Jr, Burger, Alex Vesia, plunked Andrew Benintendi, Frazier, Reynaldo Lopez, Mike Clevinger, Eury Perez, Jorge Soler, Jesus Sanchez, Perez, Eugenio Suarez, Sanchez, Soler, Seattle's Luis Castillo, Pete Alonso, Rob Refsnyder's, Jarren Duran, Connor Wong, Justin Turner, Alex Verdugo, Turner, Garrett Whitlock, Austin Gomber, Michael Wacha, Fernando Tatis Jr, Manny Machado, Juan Soto, Nelson Cruz, Tatis, Aaron Civale, Realmuto, Craig Kimbrel, Jose Alvarado, Arizona's Scott McGough, Kyle Schwarber, Trea Turner, Gerardo Perdomo, Jake McCarthy, Nick Castellanos, Manuel Margot, Yandy Diaz, JJ Bleday, Tyler Glasnow, Luis Medina Organizations: San Francisco Giants, St, Louis Cardinals, Busch, USA, Giants, Cardinals, Mets, Yankees, New York Mets, New York Yankees, The Mets, Braves, Tigers, Atlanta, Detroit, Cubs, Pirates, Pittsburgh, Chicago, Brewers, Milwaukee, The Twins, Twins, Blue Jays, Orioles, Toronto, Baltimore, Astros, Nationals, Houston, Washington, Rangers, Angels, Los Angeles, The Rangers, Reds, Royals, Cincinnati, Kansas City, White Sox, Dodgers, Marlins, Mariners, Miami, Seattle, Los Angeles Angels, Red Sox, Rockies, Boston, Colorado, The Red Sox, Austin, Padres, San Diego, Cleveland, Phillies, Diamondbacks, Philadelphia, Arizona, Rays, Tampa Bay, Oakland, Athletics, Thomson Locations: Louis , Missouri, USA, Minnesota, Minneapolis, Milwaukee, Washington, Texas, Los, Arlington , Texas, Los Angeles, Phoenix
Fowler leads midway through U.S. Open first round
  + stars: | 2023-06-15 | by ( ) www.reuters.com   time to read: +1 min
LOS ANGELES, June 15 (Reuters) - American Rickie Fowler held the early lead at the U.S. Open on Thursday with Xander Schauffele in a group one shot back and Masters champion Jon Rahm four adrift midway through his first round at the Los Angeles Country Club. Fowler, runner-up in 2014, started on the back nine and produced six birdies and two bogeys through his first 10 holes. The 123rd U.S Open got underway against the backdrop of the bombshell announcement of a partnership between the PGA Tour, DP World Tour and the Saudi backers of the LIV circuit. Defending champion Matt Fitzpatrick is in a group with last year's British Open winner Cameron Smith, one of the breakaway tour's biggest recruits. One of the morning's biggest attractions was an all-American grouping of world number one Scottie Scheffler with twice major champion Collin Morikawa and home favourite Max Homa.
Persons: Rickie Fowler, Xander Schauffele, Jon Rahm, Fowler, Rahm, Rory McIlroy, LIV, LIV Golf's Brooks Koepka, Matt Fitzpatrick, Cameron Smith, Scottie Scheffler, Collin Morikawa, Max Homa, Scheffler, Amy Tennery, Toby Davis, Ed Osmond Organizations: U.S, Los Angeles Country Club, 123rd U.S, PGA, Saudi, Thomson Locations: ANGELES, Saudi, British, Homa, New York
The Indian aircraft carriers INS Vikramaditya and INS Vikrant lead combined operations in the Arabian Sea. Sanjay Atri/Indian NavyUpon Vikrant’s commissioning last year, India joined only the United Kingdom and China in commissioning a domestically built aircraft carrier in the previous three years. It has operated two aircraft carriers on two previous occasions, between 1987 and 1997, and between 2013 and 2017. But even with the advancements demonstrated by the dual-carrier operation, India’s carrier program still has question marks, said Childs from IISS. It would certainly suggest that the Indian Navy could do with more carrier aircraft,” Childs said.
Persons: CNN —, , Nick Childs, Vikramaditya, INS, , India’s, Vikrant, Sanjay Atri, Collin Koh, ” Koh, Carl Schuster, ” Schuster, USS Nimitz, Ronald Reagan, Schuster, Childs, ” Childs Organizations: CNN, Analysts, United States Navy, Indian Navy, International Institute for Strategic Studies, Rajaratnam, of International Studies, Liberation Army, PLA, Navy, PLA Navy, US Navy, Indian Navy India, Australia –, Malabar, USS Locations: India, Russia, United Kingdom, China, Singapore, Soviet, Liaoning, Shandong, Fujian, Hawaii, , United States, Japan, Australia, Philippine, IISS
For much of Collin Morikawa’s life, the Los Angeles Country Club was a mystery. “It’s demanding — it’s very different than what you expect from a Los Angeles golf course,” Morikawa said in an interview. The West Coast is known for Kikuyu grass and very sticky poa annua greens, bumpy greens in the afternoon. That’s not what Los Angeles Country Club is.”Instead, players will confront a course of Bermuda grass, with bentgrass on greens that Morikawa sees as PGA Tour-like because of their slopes and designs. This year’s Open will include five par-3 holes for the first time since 1947, when Lew Worsham beat Sam Snead in an 18-hole playoff at St. Louis Country Club.
Persons: Collin Morikawa’s, George C, Thomas Jr, Gil Hanse, Scottie Scheffler, “ It’s, ” Morikawa, Lew Worsham, Sam Snead Organizations: Los Angeles Country Club, United States, University of California, St, Louis Country Club Locations: Southern California, U.S, Berkeley, Los Angeles, Bermuda
The tournament will be the first major to be played since the bombshell announcement of a partnership between the PGA Tour, DP World Tour and the Saudi-backed LIV circuit. Koepka became the first active member of LIV Golf to win a major when he triumphed by two shots at the PGA Championship three weeks ago. Defending champion Matt Fitzpatrick will go head-to-head with reigning British Open winner Cameron Smith - another LIV recruit - and American Sam Bennett. World number one Scottie Scheffler headlines the morning action when he starts his bid alongside two-times major champion Collin Morikawa and home favourite Max Homa. Masters champion Jon Rahm, the 2021 U.S. Open champion, will also be out early and has been grouped with Viktor Hovland and Xander Schauffele, ranked fifth and sixth in the world, respectively.
Persons: Rory McIlroy, Brooks Koepka, Jonathan Ernst, LIV Golf, McIlroy, Koepka, Hideki Matsuyama, LIV, Matt Fitzpatrick, Cameron Smith, Sam Bennett, Scottie Scheffler, Collin Morikawa, Max Homa, Jon Rahm, Viktor Hovland, Xander Schauffele, Hritika Sharma, Christian Radnedge Organizations: Golf, PGA, 123rd U.S ., Los Angeles Country Club, Thomson Locations: Augusta , Georgia, U.S, Northern, Saudi, Hyderabad
Now, Serena and Venus Williams are turning their talents to golf. A head-spinning week of revelations in the golf world continued Thursday as the Williams sisters’ Los Angeles Golf Club (LAGC) were announced as the first franchise of the TGL – Tiger Woods and Rory McIlroy’s tech-infused stadium golf competition set to launch in January 2024. LAGC is the first of six franchises set to compete in the TGL, a competition formed in partnership with the PGA Tour. TGL/TwitterOn Twitter, Ohanian announced that his and Williams’ daughter, Alexis Olympia Ohanian Jr., would be a co-owner in LAGC. Twelve PGA Tour players have been confirmed to feature, including Woods, McIlroy, Jon Rahm, Justin Thomas, and Collin Morikawa.
Persons: Serena, Venus Williams, Williams, Woods, Rory McIlroy’s, Alexis Ohanian, Mike McCarley, Ohanian, Alexis Olympia Ohanian Jr, , Amy E, Price, , LIV Golf, McIlroy, Mike Ehrmann, Jon Rahm, Justin Thomas, Collin Morikawa Organizations: CNN, Angeles Golf, Ohanian, National Women’s Soccer League, Angel City FC, LAGC, PGA Tour, Twitter, Olympia, TMRW Sports Locations: Ohanian, Angeles, LAGC, Saudi, Palm Beach , Florida
And the deal is also undeniably a great piece of business, assuming PGA Tour players accept it. And all pending litigation between LIV Golf and the PGA Tour was also mutually ended under the new agreement. He “co-opted the 9/11 community last year in the PGA’s unequivocal agreement that the Saudi LIV project was nothing more than sports washing of Saudi Arabia’s reputation,” the group said in a statement. Unresolved sporting conundrumsThere are as many sporting questions about the PGA Tour/LIV Golf partnership that remain unanswered. Then there is the question of how current PGA Tour members will respond.
Persons: LIV Golf, Arnold Palmer, Jamal Khashoggi, Prince Mohammed bin Salman, , LIV –, Jay Monahan, Monahan, , , Saudi LIV, ” Monahan, Dustin Johnson, Phil Mickelson, Patrick Reed, Cam Smith, Donald Trump, LIV, Trump, Khashoggi, ” Trump, Joe Biden, Antony Blinken, Tuesday’s LIV, Qataris, Cristiano Ronaldo, Karim Benzema, ” Yasir Al, Rumayyan, of Famer Greg Norman, Collin Morikawa, Mickelson, Alan Shipnuck, Shipnuck Organizations: CNN, PGA, Saudi, Post, Premier League, Global, Families United, Saudi shills, Crown, Formula One, NBA, Tour, Qatar, Soccer, Manchester City, United, Newcastle, Indian Premier League, Al, Real, Saudi Public Investment, , Saudi Public Investment Fund, CNBC, of Famer, Open, Twitter Locations: Washington, Saudi, Qaeda, Riyadh, China, Western Europe, East, India, United Arab Emirates, Saudi Arabia, Ittihad, Real Madrid, French
PGA Tour, European Tour and LIV announce merger
  + stars: | 2023-06-06 | by ( Frank Pingue | ) www.reuters.com   time to read: +4 min
Additionally, the three organizations said in a joint news release that they will work cooperatively to allow a process for any LIV Golf players to reapply for PGA Tour and DP World Tour membership following the 2023 season. "After two years of disruption and distraction, this is a historic day for the game we all know and love," PGA Tour Commissioner Jay Monahan said in a joint news release. "We are proud to partner with the PGA Tour to leverage PIF's unparalleled success and track record of unlocking value and bringing innovation and global best practices to business and sectors worldwide." The PGA Tour had sought to fend off competition from LIV by barring PGA Tour players from participating in LIV tournaments. Some PGA Tour players took to Twitter to express their surprise having not been informed of the agreement before its announcement.
Persons: Hideki Matsuyama, Mike Segar, LIV, Jay Monahan, Yasir Al, Tour's Monahan, Phil Mickelson, Dustin Johnson, Brooks Koepka, Cameron Smith, Mickelson, Collin Morikawa, Mackenzie Hughes, we’d, Donald Trump, LIV Golf's, Liv Golf, Frank Pingue, Alex Richardson, Christian Organizations: Golf, Tour, LIV, Saudi Arabia Public Investment Fund, Public Investment Fund, PGA, Al, Rumayyan, Justice Department, Fame, Twitter, Liv, Thomson Locations: Augusta , Georgia, U.S, Saudi, Collin Morikawa ., Toronto
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/esg-blowback-exxon-chevron-investors-reject-climate-measures-4532da99
Persons: Dow Jones Organizations: exxon
New York CNN —The White House and House GOP negotiators are rushing to finalize a deal to raise the country’s debt limit. With that X-date only about one week away, there’s still no deal to raise the debt ceiling – putting Americans’ finances in danger. If you invest in bonds, pay attention to when your Treasury bills are maturing. Stick with high-quality investmentsSteer clear of corporate junk bonds or emerging market bonds, CNN has previously reported. Federal government contractors could also see a lag in payments, which could affect their ability to compensate their workers, CNN previously reported.
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/chevron-to-buy-pdc-energy-in-6-3-billion-stock-swap-d8835eee
Exxon Joins Hunt for Lithium in Bet on EV Boom
  + stars: | 2023-05-21 | by ( Benoît Morenne | Collin Eaton | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/exxon-joins-hunt-for-lithium-in-bet-on-ev-boom-1d72cdd6
CNN —It’s been a Block party all week at the PGA Championship, and the man at the heart of festivities is not done partying just yet. Michael Block, the 46-year-old club pro who teaches golf lessons at a public course in California, is schooling many of the game’s biggest stars on New York’s notoriously challenging Oak Hill East Course. In the 105 years of the PGA Championship, no PGA Professional has ever finished inside the top 10. Not since Steve Schneiter in 2005 has a PGA pro finished inside the top-40. Should he remain eighth at the end of play, Block will earn $545,000, according to CBS Golf – even 30th place would see him take home $110,000.
As part of the AUKUS agreement, US and British subs will operate out of western Australia by 2027. The deal on the base comes as rivals, mainly China, increase their submarine activity in the region. Ray Mabus, then US navy secretary, departs a Chinese Yuan-class submarine in Ningbo in November 2012. The Defense Department report also says China's six operational Jin-class nuclear-powered ballistic-missile subs are likely already conducting "near-continuous at-sea deterrence patrols," a sign that China's submarine force continues to improve its operational capabilities. For the US Navy, those developments make the ability to base subs closer to the Western Pacific a greater priority.
CNN —American golfer Eric Cole raced into an early PGA Championship lead following a scintillating start at Oak Hill Country Club on Thursday. Now, on his PGA Championship debut and only his second major appearance, the 34-year-old is enjoying a look at the leaderboard. 1 is bidding to become only the fourth golfer – and the first since Jack Nicklaus in 1975 – to win both the Masters and the PGA Championship in the same season. Jordan Spieth will need a strong response if he is to achieve golfing immortality come Sunday, as the three-time major champion opened with a three-over 69. The American is a PGA Championship title away from becoming only the sixth men’s golfer to win all four majors in the modern era.
But even if that’s the case, between now and then bond investors should expect volatility. Bond investors are all about pricing in the risk that they may not be paid back on debt they buy — either on time or at all. But the lack of a deal to raise lawmakers’ self-imposed debt ceiling so close to the X-date is introducing unwanted risk into each investor’s calculus. “We’ve already seen some pricing stress around short-term bills, Treasury bills, and a little bit of change in the… sovereign credit default swap spreads,” said Gary Gensler, chair of the Securities and Exchange Commission, at an event on Monday. Right now, yields on one-month T bills are well above the yields for 10-year and 30-year Treasury bonds.
[1/3] May 15, 2023; Rochester, New York, USA; Jon Rahm tees off on the 8th hole during a practice round of the PGA Championship golf tournament at Oak Hill Country Club. Mandatory Credit: Adam Cairns-USA... Read moreROCHESTER, New York, May 16 (Reuters) - Spaniard Jon Rahm, Australian Cameron Smith and Briton Matt Fitzpatrick were put together on Tuesday in a star-studded group of major champions for the first two rounds of the PGA Championship. Another power threesome of PGA Championship winners heads out at 8:11 AM ET (1211 GMT) with reigning champion Justin Thomas opening the defence of his crown in the company of Northern Ireland's four-time major winner Rory McIlroy and double major winner Collin Morikawa. World number two Scottie Scheffler will partner twice PGA Championship winner and LIV Golf hope Brooks Koepka and 2019 U.S. Open winner Gary Woodland. Also carrying the LIV flag will be Phil Mickelson, the six-time major winner, partnered with world number four Patrick Cantlay and Rickie Fowler who will go out in the afternoon wave.
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