Twenty-five years after September 11, victims and their families are hopeful that newly uncovered records will aid in their decade-long lawsuit against Saudi Arabia.
President Donald Trump imposes a new condition on the nuclear deal with Saudi Arabia after reports that the arrangement could lead to the kingdom enriching its own uranium.
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…
The upstart golf circuit couldn’t conquer the sport, despite big spending by Saudi Arabia. Its end signals limits to how much the country will spend.