The two parties had promised not to poach each other’s players. Their decision to abandon that clause removes one of the few binding provisions of the agreement that has rocked golf.
Category: Senate
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Blocked Rail Crossings Snarl Towns, but Congress Won’t Act
The industry has used its muscle to prevent federal, state and local governments from penalizing companies that park freight trains across roads for hours or days.
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Other Sports Faced Congress’s Glare. Now Golf Will Get Its Turn.
A Senate hearing on Tuesday is just one part of Washington’s scrutiny of the PGA Tour’s deal with Saudi Arabia’s sovereign wealth fund.
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Randall Stephenson’s Exit From PGA Tour Casts Pall on Saudi Deal
In resigning from the body’s board, Randall Stephenson said he could not support the group’s potential tie-up with its Saudi-backed rival.
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Lawmakers Seek More Long-Distance Flights From Reagan National Airport
Dozens of lawmakers are seeking to loosen a law that limits long-distance flights to and from Ronald Reagan Washington National Airport. For some of them, success could mean a shorter commute.
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LIV Golf Resists Senate Request for Greg Norman’s Testimony on Saudi Deal
Less than two weeks before a planned hearing about a transaction that could reshape golf, lawmakers are struggling to assemble a witness list.
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PGA Tour and LIV Golf Seek to Drop Litigation Against Each Other
Although the tour’s deal with the Saudi wealth fund has not closed, the request to a federal judge was a milestone in golf’s surprise détente.
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U.S. National Debt Tops $32 Trillion for First Time
The milestone follows a recent congressional showdown over lifting the debt ceiling. Another spending fight looms this year.
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Accenture Will Invest $3 Billion to Expand Its A.I. Offerings
The consulting firm is the latest to invest heavily in artificial intelligence, even as big businesses grapple with the potential fallout from the technology.
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Golf’s Titanic Deal Stokes Anger on Capitol Hill
American lawmakers and officials are studying the pact between the PGA Tour and Saudi Arabia’s sovereign wealth fund.
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Senate Opens Inquiry Into PGA Tour Deal with Saudi-Funded LIV Golf
The PGA Tour and LIV have been asked to provide documents and communications tied to the agreement announced last week.
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How Apple and David Beckham Beat Saudi Arabia in the Race for Messi
A complex arrangement, involving Apple, to bring the soccer star to Miami shows how to trump the free-spending kingdom — and how hard that may be to duplicate.
