U.S. Plans $115 Million Counter-Drone Investment to Secure FIFA World Cup and Major National Events 
Microsoft Reportedly Plans New Job Cuts Across Sales, Consulting, and Xbox 
Trump Signs Executive Order Targeting Big-Money College Athlete Payouts 
Morgan Stanley Raises Tesla Q2 Delivery Forecast on Strong Europe and China Demand 
Trump Draws Cheers at Ryder Cup as U.S. Trails Europe After Opening Day 
US Egg Producers Settle Price Manipulation Probe, Agree to Pay $3.3 Million and Donate 53 Million Eggs 
Asian Currencies Stay Range-Bound as Investors Eye China Data, RBNZ Outlook and U.S.-Iran Ceasefire 
Trump Reports $1.4 Billion in Crypto Income as Digital Assets Become Top Wealth Source 
Baidu Shares Rally as Kunlunxin Eyes $50 Billion Hong Kong IPO 
Chip Stocks Rally as Samsung and SK Hynix’s $1.3 Trillion Investment Plan Boosts AI Optimism 
Kakaku.com Shares Rise as Bain Capital and LY Corp Prepare Higher Takeover Bid Than EQT 
Asian Stocks Mixed as South Korea Slides on Profit-Taking, Japan and China Gain on Strong Factory Data 
Gold Prices Drop as Fed Rate Outlook and Iran Tensions Weigh on Market 
Trump Urges Hall of Fame Induction for Roger Clemens Amid Renewed Debate 
Anthropic Brings Claude AI Models to Microsoft Azure Foundry With NVIDIA Blackwell GPUs 
Trump’s U.S. Open Visit Delays Final, Fans Face Long Security Lines 
Trump Questions Housing Bill as He Prioritizes SAVE America Act 
The PGA Tour and DP World Tour have strengthened their strategic alliance with a new 13-year operational joint venture in competing against the Saudi-backed LIV Golf.
The alliance would help create new player pathways and increase prize funds.
LIV’s first US event takes place in Portland this week.
The partnership, which dates back to November 2020, aims to counter LIV’s funding with a better competitive structure for players from 2023.
The top ten competitors who are not previously exempt in the season-ending DP World Tour standings will be given PGA Tour invitations.
The deal's proceeds will be utilized to raise prize money with guaranteed increases in DP World Tour prizes for the following five years. The PGA Tour will also increase its ownership position in European Tour Productions from 15% to 40%.
The LIV series, where players like Bryson DeChambeau and Brooks Koepka will make their debut this week, has been attracting players away from the PGA Tour and the DP World Tour.
Jay Monahan, the commissioner of the PGA Tour, revealed that they are going to compete with the LIV series by creating the best schedule, with players able to pick and choose their schedule.
