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Officials who oversee Saudi Arabia's tens of billions of dollars in U.S. investments haven't been shy about flaunting their ties with top American business and political figures, down to wearing MAGA caps as they swing golf clubs alongside former President Donald Trump. But they've been silent about many of the details of these relationships.
NEW YORK : A U.S. appeals court on Tuesday revived an antitrust lawsuit accusing FIFA and the U.S. Soccer Federation of illegally banning foreign clubs and leagues from staging official matches in the United States.
Saudi Arabia is disputing a federal magistrate's ruling that its sovereign wealth fund and the fund's governor be required to provide documents and testimony in LIV Golf's antitrust lawsuit against the PGA Tour.
NEW YORK : The creator of a marketplace for National Basketball Association Top Shot non-fungible tokens must face a lawsuit claiming that the tokens are securities, a U.S. judge ruled on Wednesday.
The PGA Tour can add Saudi Arabia's Public Investment Fund (PIF) and its governor, Yasir Al-Rumayyan, as defendants in its countersuit against LIV Golf, a U.S. District Court judge ruled Tuesday night.
LOUISVILLE, Ky. — A federal judge denied Bob Baffert's request to lift his two-year suspension by Churchill Downs Inc., ruling Friday that the Hall of Fame trainer did not prove its discipline hurt his business and reputation.
A federal magistrate judge has ordered Saudi Arabia's Public Investment Fund to turn over documents and ruled that its governor, Yasir Al-Rumayyan, must sit for depositions by the PGA Tour's lawyers in the tour's ongoing legal battle with LIV Golf.
BOSTON : A former Yale University women's soccer coach who cooperated with authorities investigating the U.S. college admissions scandal was sentenced on Wednesday to five months in prison for accepting bribes to help parents get their children into the Ivy League school.