Beverley Rayner 
The PGA Tour and LIV Golf have agreed to merge in a deal that will unite the two golf entities and resolve ongoing litigation. The agreement will combine the commercial businesses and rights of both entities, including the DP World Tour. LIV Golf, backed by Saudi Arabia’s Public Investment Fund, has been facing antitrust lawsuits … Read more
Relatives of a street vendor fatally struck by a stolen Amazon delivery truck in South Los Angeles have sued the e-commerce giant, alleging it shares responsibility for the death despite using independent contractor drivers for deliveries. The Los Angeles Superior Court lawsuit was filed May 24 by Sonia Rangel, the widow of Jose Rangel, and … Read more
Chris Licht has resigned as CEO of CNN, as stated in a press release by the global news network’s parent company on Wednesday. CNN is now on the lookout for a new leader, both internally and externally, as per a memo from David Zaslav, Warners Bros. Discovery CEO, sent to the CNN staff on Wednesday. … Read more
After the departure of Jeff Zucker, who resigned over relationship revelations, Mr Licht was chosen by Mr Zaslav to lead CNN. Mr Licht is well-known in TV, having been the executive producer for The Late Show with Stephen Colbert and holding senior roles at CBS News and MSNBC. However, his tenure at CNN had an … Read more
There has been controversy in recent years over cancer survivors struggling to get life insurance years after they recover from the disease. Now, the main insurers have signed up to a code of practice to address this issue. The Code of Practice for Underwriting Mortgage Insurance for Cancer Survivors means that insurers will disregard a … Read more
A $1tn US government borrowing spree is set to increase the strain on the country’s banking system as Washington returns to the markets in the aftermath of the debt ceiling fight, traders and analysts say. Following the resolution of that dispute — which had previously prevented the US from increasing its borrowing — the Treasury … Read more
Comment on this storyComment Russell Vought, a former Trump administration Office of Management and Budget director, is not a member of Congress. But Vought has been a key player in much of its drama of recent months, serving as an informal adviser to conservative House Republicans. His influence was evident again Tuesday as hard-right GOP … Read more
Last May, the Federal Trade Commission (FTC) raided the headquarters of Financial Education Services, a credit repair company based in Farmington Hills, a suburb of Detroit. The FTC accused the company of running a fake credit repair scheme that made lofty promises about improving customers’ credit scores by permanently deleting negative information from their credit … Read more
The number of Americans moving to California is rapidly decreasing. Instead of the continuously debated “California exodus,” the state has seen a worrying trend of people visiting California but choosing not to move there. This is problematic in a world of numerous shortages, which now also include people, who have become a critical commodity necessary … Read more
The Port of Long Beach-Port of Los Angeles complex in Los Angeles, California, U.S., is where shipping containers are unloaded from ships amidst the coronavirus disease (COVID-19) pandemic, as seen in a REUTERS/Lucy Nicholson/File photo. On Wednesday, the Commerce Department announced that in April, the U.S. trade deficit increased by the largest amount in eight … Read more