The Saudi sovereign wealth fund is ending funding for LIV Golf after this season, according to multiple reports. Why it matters: The Public Investment Fund's decision places the lucrative golf tour in serious jeopardy of dissolving four years after it launched as a well-capitalized competitor to the PGA Tour. Driving the news: LIV "plans to tell players and staff by Thursday" that the Public Investment Fund "will no longer bankroll the circuit after this season," WSJ first reported Wednesday . - CNBC also reported PIF is pulling LIV funding. - Representatives of PIF and LIV did not immediately respond to requests for comment. The big picture: The move has been rumored for weeks after PIF revealed a new investment strategy through 2030…
Footage of the incident shared this week by a school district in Mississippi shows a group of students working together to avert disaster on a highway.
The defense secretary said at a House hearing that President Barack Obama had fired 197 generals, a figure that the Pentagon previously acknowledged was false.
Investigators said the man’s transient lifestyle and social isolation made his intentions hard to track before shootings that killed two Brown students and an M.I.T. professor.
On Wednesday, the Queen of England presented the New York Public Library with a bespoke replica of Roo, the smallest companion of the Bear of Very Little Brain.