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LIV Golf is shuttering after five years that fractured the sport's landscape with promise of Saudi riches, announcing Thursday in bankruptcy c…
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FILE - Captain Bryson DeChambeau, of Crushers GC, putts on the 18th green during the final round of LIV Golf South Africa at The Club at Steyn City, Sunday, March 22, 2026, in Midrand, South Africa. (LIV Golf via AP, File)
AP
LIV Golf's future is in doubt after a Financial Times report that its main investor is dropping plans for LIV 2.0. The Times reports BC Partners Credit is backing out because it doesn't have enough of the player support it needs. A bankruptcy hearing previously scheduled is Thursday. The report says the focus could shift to LIV liquidating its assets. LIV Golf lost Saudi Arabia funding in April after having spent more than $5 billion since 2022. LIV filed for bankruptcy in September. Since announcing plans for a new version, top players like Jon Rahm and Tyrrell Hatton have bailed.
FILE - A sign stands over a Wendy's restaurant, Feb. 25, 2021, in Des Moines, Iowa. (AP Photo/Charlie Neibergall, File)
AP
LIV Golf paid $15.6 million to retain seven of its executives, including $6.375 million to CEO Scott O'Neil, in the months between Saudi Arabi…
The Social Security Administration projects a 3.6% cost-of-living adjustment for older adults and people with disabilities starting in 2027. Some recipients say it won't offset rising prices. This adjustment means $75 extra per month for the nearly 72 million Social Security beneficiaries and about 7.3 million Supplemental Security Income recipients. Inflation continues to pressure household budgets and savings, and some older Americans feel the increase isn't enough. The Social Security Administration faces a looming bankruptcy date if a funding shortfall isn't addressed by Congress. Lawmakers have proposed measures to replenish the trust funds, including lifting the payroll tax cap to generate substantial revenue.
AP
Spanish star Jon Rahm won't be part of the next version of LIV Golf, dealing a setback to the beleaguered circuit as it tries to emerge from b…
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