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All articles tagged with #funding

Hatton optimistic LIV Golf will roll on next season amid funding squeeze
sports3 hours ago

Hatton optimistic LIV Golf will roll on next season amid funding squeeze

Tyrrell Hatton says LIV Golf is expected to continue next year despite layoffs as the circuit seeks about $350m in funding after losing backing from Saudi Arabia’s PIF; a potential new backer has been identified but no funding is confirmed, and LIV has begun cutting staff. Hatton will finish the year on the DP World Tour, while Ryder Cup captain Luke Donald hopes the strongest LIV players are in contention for the team; the ongoing uncertainty has complicated Ryder Cup qualification decisions, including consideration of awarding LIV points.

via BBC|
#funding#liv-golf#pif
The Call That Quieted LIV Golf's Ambitions
sports4 hours ago

The Call That Quieted LIV Golf's Ambitions

A Skratch report via Alan Shipnuck alleges that weeks after the Saudi PIF announced a five-year plan that excluded funding LIV Golf, LIV Golf CEO Scott O’Neil received a blunt phone call from Yasir Al-Rumayyan’s inner circle: “Shut it down. You’re not getting another dollar.” The claim also notes Al-Rumayyan hadn’t spoken directly to O’Neil for more than two months. With LIV wrapping its 2026 season and ongoing questions over its funding and future, players face decisions about staying with LIV or pursuing other options, while the PGA Tour has signaled it could welcome returning players only if they are fully freed from LIV contracts and tail obligations.

via New York Post|
#contracts#funding#liv-golf
Lawmakers float debt-funded fund and payroll-tax tweaks to shore up Social Security
policy8 hours ago

Lawmakers float debt-funded fund and payroll-tax tweaks to shore up Social Security

Facing a long-term Social Security shortfall, lawmakers are weighing bold options: Sen. Cassidy and Sen. Kaine propose a $1.5 trillion 'Save Our Seniors Fund' funded by Treasury borrowing and invested over 75 years to cover roughly two-thirds of the projected $26.6 trillion gap, with the remainder likely needing tax hikes or benefit cuts; others push payroll-tax reforms—lifting the cap or applying it more broadly—to raise revenue and strengthen benefits; critics warn the fund is debt-funded and risky, AARP opposes fast-tracking changes, and the political viability of any plan will hinge on further negotiations and specifics.

via AP News|
#debt#funding#payroll-tax
California High-Speed Rail Faces Looming $231B Funding Crisis, Watchdog Warns
infrastructure11 hours ago

California High-Speed Rail Faces Looming $231B Funding Crisis, Watchdog Warns

California's $231 billion high-speed rail project is at risk of running out of cash by the end of 2027. The project needs an immediate $2.2 billion for fiscal year 2027–28, costs have ballooned to about $231B with completion pushed to 2039, and more than $5.7B has been spent on delay and change orders (including $537M to a single contractor). Construction is now focused mainly on a 119-mile Central Valley segment, while the rest awaits environmental reviews under CEQA and Phase 2 extensions remain largely stalled.

via New York Post|
#california#delays#funding
LIV Golf's Quiet Finale Leaves Big Questions for Its Future
sports1 day ago

LIV Golf's Quiet Finale Leaves Big Questions for Its Future

LIV Golf’s 2026 season closed in Indianapolis with 22-year-old Michael La Sasso edging Jon Rahm for the win as Rahm’s Legion XIII claimed the team title, but the celebration was muted as the league confronts an existential question: its Saudi funding is drying up. A Michigan event was canceled, the CEO is seeking investors for LIV 2.0, and rumors talk of a smaller schedule and lower purses while Rahm is reportedly owed about $150 million, leaving many to wonder what comes next for LIV Golf.

via Sports Illustrated|
#funding#indianapolis-finale#jon-rahm
Xpeng spins off Dogotix robotics in a $6.3B post-money deal
business2 days ago

Xpeng spins off Dogotix robotics in a $6.3B post-money deal

Xpeng plans to carve out its robotics unit as Dogotix, securing about $900 million in funding commitments from external investors led by IDG Capital, Alibaba, Tencent and Gaorong Ventures. Dogotix is valued at roughly $5 billion pre-money and about $6.3 billion post-money (if equity incentives are fully utilized), with Xpeng expected to hold about 81.97% under current terms (diluting to ~68.41% if all investments and warrants are exercised). The move creates a standalone robotics entity, transferring assets, IP and personnel and aiming to scale the Iron humanoid robot and other general-purpose robots, while excluding Xpeng's other businesses. The deal remains subject to closing conditions and is planned to complete within about 18 months of the first funding tranche.

via CnEVPost|
#business#dogotix#funding
UN: Ebola Outbreak in DR Congo Expanding Rapidly, Death Toll Topples 2,500
health5 days ago

UN: Ebola Outbreak in DR Congo Expanding Rapidly, Death Toll Topples 2,500

The UN warns the Ebola outbreak in the Democratic Republic of the Congo is spreading exponentially, with the death toll surpassing 2,500 as conflict, funding shortages, and attacks on health workers hinder containment; more than 260 attacks on health staff, 43 worker deaths, and no vaccine for the Bundibugyo strain, fuel urgent calls for more funding and personnel to curb regional spread.

via Al Jazeera|
#drcongo#ebola#funding
DRC Ebola Crisis Tests Global Health Playbook: Funding, Trust, and Vaccine Hope
global-health5 days ago

DRC Ebola Crisis Tests Global Health Playbook: Funding, Trust, and Vaccine Hope

The Bundibugyo Ebola outbreak in the DRC has grown to 4,945 confirmed cases and 2,325 deaths, marking it the largest in the country’s history, with underreporting, distrust in authorities, and cash shortages hindering containment. About 850 known positives are unaccounted for, raising transmission risk, as authorities switch to door-to-door, village-based surveillance. Vaccines and treatments are advancing—Ervebo may offer cross-protection and Bundibugyo-specific vaccines are in safety trials—but funding gaps persist: $518m is needed for direct health response, yet only $264m has been disbursed. If funding and response don’t accelerate, the outbreak could surpass earlier records in coming months.

via The Guardian|
#africa-cdc#drc#ebola
Kansas City approves landmark $600M public funding for Royals stadium and entertainment district
local6 days ago

Kansas City approves landmark $600M public funding for Royals stadium and entertainment district

KC City Council approves a $600 million city funding package to back a $1.9 billion Royals stadium and a $3 billion entertainment district in Crown Center, financed with bonds and a tax-increment financing plan for a 30-year agreement; construction could begin next year with a 2030 opening, as planning continues with TIF decisions and rezoning amid political debate.

via Kansas City Star|
#funding#kansas-city#local
Whistleblower alleges cash-grab behind Trump-era campus antisemitism probes
politics7 days ago

Whistleblower alleges cash-grab behind Trump-era campus antisemitism probes

A whistleblower report claims the Trump administration’s campus antisemitism probes were politically motivated, skipped proper Title VI process, and used funding suspensions to coerce universities, expanding from medical schools to entire campuses; Rep. Jamie Raskin opened an inquiry as the DOJ denies the allegations, and settlements at Brown, Columbia, and Harvard illustrate the ongoing disputes over free speech and campus antisemitism enforcement.

via The Forward|
#antisemitism#doj#funding
Royals unveil fresh visuals for Crown Center stadium plan
local7 days ago

Royals unveil fresh visuals for Crown Center stadium plan

The Royals released new renderings of their Crown Center stadium plan and the surrounding 85-acre development, featuring a park-like central square with fountains, ahead of a city finance meeting. The broader project includes more than $2B in private investment, the stadium itself is about $1.9B with a mixed public/private funding split, and a separate roughly $1B ballpark village is funded entirely by the Royals with no public funds, along with plans for a reimagined Hallmark and Royals headquarters.

via KCTV|
#crown-center#funding#local
Whistleblower claims DOJ pressured Ivy League antisemitism probes to secure settlements
politics8 days ago

Whistleblower claims DOJ pressured Ivy League antisemitism probes to secure settlements

A former Justice Department attorney accuses a Trump-era task force of pressuring Ivy League universities (Harvard, Brown, Columbia) to settle antisemitism investigations, often despite little evidence of systemic violations, and even guiding interviews of Muslim professors to bolster claims. Brown faced a federal funding freeze before a termination of the probe and settled for about $50 million; Columbia agreed to an over-$200 million settlement, restoring nearly $400 million in research grants; Harvard’s case went to court and the government’s claims were challenged. The whistleblower says these actions were politically motivated, while the DOJ defends the investigations as proper. The disclosures could influence remaining probes and settlements.

via The Washington Post|
#antisemitism#doj#funding