Here’s why the PGA Tour just merged with LIV Golf
The PGA Tour announced Tuesday it would merge with LIV Golf, a Saudi-backed men’s golf organization that formed last year to compete with the PGA.
News of the merger sent shock waves through the sports world and even reached the highest echelons of the US government, after a reporter sought comment from the Biden administration about the Saudi government’s taking such a large stake in men’s golf. Biden spokeswoman Karine Jean-Pierre declined to comment.
Here’s what it all means.
What is LIV Golf?
LIV was created in 2022 by Saudi Arabia’s Public Investment Fund (PIF) alongside two of the world’s…
Experience-Based Tips For Transitioning Out Of Your Business
Dave Van Horn is the founder of PPR Capital Managementan investment fund specializing in mortgages and commercial real estate.
Kelvin Murray 2015
Most of us have heard the saying that people don’t plan to fail, they just fail to plan. In the investment world, you often hear this phrase in reference to financial and estate planning. Over the years, I’ve learned that it’s probably a saying that can apply to many parts of your business as well, including perhaps the most pivotal part —your exit. So, when is the best time to do succession planning? Hopefully, it’s before you actually…
IT experts helping small-business owners fortify online security
Expert says ’43 per cent of all cyber-attacks are directed at small businesses, with the average loss being around $25,000′
With more and more data breach stories emerging in the news, IT expert Laura Payne and business consultant Teresa Woolard are on a mission to spread the word about cyber-attacks and help local small- and medium-sized businesses (SMBs) learn how they can protect yourself.
“We only hear about major breaches in the news, but small breaches are happening all the time to organizations of all sizes,” said Payne, who will be teaming up with Woolard to share tips for online…
The Bank of Canada raises the key interest rate
OTTAWA –
The Bank of Canada raised its overnight rate by 25 basis points to 4.75 per cent on Wednesday, its first increase since pausing hikes in January. The central bank’s key interest rate has not been this high since April 2001.
Several factors led to the bank’s decision to raise the key interest rate, including economic growth in Canada. Gross Domestic Product exceeded expectations in the first quarter of this year, growing by 3.1 per cent.
The central bank says demand in the economy has rebounded, with surprisingly strong consumer spending. Housing market activity has picked up again…
The Family Business Succession Puzzle
Two weeks ago today we bade farewell to everyone’s favorite oedipal billionaires as the final episode of “Succession” wrapped up. The show’s immense cultural impact is due to many factors: top-class writing, heart-rending performances, and the sheer power Brian Cox could load into the letter ‘F’ all they played their part.
At its heart, the series highlights the often messy interlacing of family dynamics and 21st-century capitalism — and while we believe few viewers could truly relate to the Roys, that dynamic is deeply entrenched in real-world economics. Around 60% of the US workforce is employed by family-run businesses, and…
Getting the most out of your insurance marketing budget
Getting the most out of your insurance marketing budget | Insurance Business Canada
InsuranceNews
Getting the most out of your insurance marketing budget
Experts share top tips on navigating tougher times
InsuranceNews
By Jen Frost
Whether you work for an insurer, a managing general agent (MGA) or wholesale broker, or a client-facing distribution business, getting the right message across to current and potential customers and clients can be the key to success. However, when tighter economic times approach, insurance marketing budgets can come under scrutiny. So how do you keep getting the word out there? Insurance Business asked three experienced…
Irving Oil considers the sale of the company as part of a strategic review
Irving Oil says it has launched a strategic review that will consider, among other things, “a full or partial sale” of the company, one of the largest in New Brunswick.
“A strategic review of the company is underway, and a series of options are being evaluated related to the company’s future,” the Saint John-based company said in a statement.
“No decisions have been made about where this strategic review may lead. Considerations will be given to a new ownership structure, a full or partial sale, or a change in the portfolio of our assets and how we operate them.”
The…
Former Fort Erie Business Success and Loan Center donates a total of $1,275,000 to various groups
state
AlabamaAlaskaArizonaArkansasCalifornianColoradoConnecticutDelawareFloridaGeorgianhawaiianIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWashington DCWest VirginiaWisconsinWyomingPuerto RicanUS Virgin IslandsArmed Forces AmericasArmed Forces PacificArmed Forces EuropeNorthern Mariana IslandsMarshall IslandsAmerican SamoanFederated States of MicronesiaThrushPalauAlberta, CanadaBritish Columbia, CanadaManitoba, CanadaNew Brunswick, CanadaNewfoundland, CanadaNova Scotia, CanadaNorthwest Territories, CanadaNunavut, CanadaOntario, CanadaPrince Edward Island, CanadaQuébec, CanadaSaskatchewan, CanadaYukon Territory, Canada
Postal Code
Country
United States of AmericaUS Virgin IslandsUnited States Minor Outlying IslandsCanadaMexico, United Mexican StatesBahamas, Commonwealth of theCuba, Republic ofDominican RepublicHaiti, Republic ofJamaicaAfghanistanAlbania, People’s Socialist Republic ofAlgeria, People’s Democratic Republic ofAmerican SamoanAndorra, Principality ofAngola, Republic ofAnguillaAntarctica (the territory South of 60 deg S)Antigua and BarbudaArgentina, Argentine RepublicArmenianArubaAustralia, Commonwealth ofAustria, Republic…
