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Ryder Cup to be postponed until 2021 due to coronavirus pandemic

Ryder Cup to be postponed until 2021 due to coronavirus pandemic

Sports
July 7 (UPI) -- With coronavirus cases spiking around the country, the PGA of America is electing to postpone the Ryder Cup until 2021. Sources told ESPN and the Golf Channel on Tuesday that the PGA of America and European Tour are expected to make the announcement Wednesday morning. Advertisement The 43rd Ryder Cup matches were originally scheduled to take place Sept. 25-27 at Whistling Straits in Sheboygan, Wisc. According to the outlets, the location and time frame of the event will remain the same next year. As a result of the Ryder Cup's impending postponement, the Presidents Cup -- originally set to run in 2021 from Sept. 30 through Oct. 3 at Quail Hollow in Charlotte, N.C. -- will move to 2022. According to ESPN, this year's Ryder Cup will take that window, and the next Ryder Cup -...
Wealth management firms among those that have taken PPP loans during coronavirus pandemic

Wealth management firms among those that have taken PPP loans during coronavirus pandemic

Finance
Natasha Alipour Faridani | DigitalVision | Getty ImagesThe government's release of data on businesses that have participated in the Paycheck Protection Program confirms what many in the financial advice industry already knew: Wealth management firms were among those to have taken the government loans.The data released by the Small Business Administration and Treasury Department on Monday included loans of more than $ 150,000 that were made through the PPP.The loan program was created under the $ 2 trillion-plus CARES Act passed by Congress in March. A list of the borrowers had not been revealed until Monday. The government did not disclose the names of businesses that took less than $ 150,000, in an effort to protect small businesses.The average loan size was $ 107,000, according to the SB...
Pandemic creates action-packed weekend in European horse racing

Pandemic creates action-packed weekend in European horse racing

Sports
July 3 (UPI) -- A weekend like no other -- ever -- awaits horse racing fans in Europe and the U.K., as schedule changes forced by the COVID-19 pandemic find the Investec Derby and Oaks both run on Saturday on Epsom Downs and the French equivalents following just a day later across the Channel at Chantilly. And, for icing on the cake, two-time Qatar Prix de l'Arc de Triomphe winner Enable -- denied a triple in the iconic race last year -- kicks off her return campaign Sunday in the Coral-Eclipse at Sandown. Advertisement The pandemic truly has created havoc in racing and the Derby for the first time will be run with no spectators in the stands, or even on the adjacent hill, long popular with racegoers. But these two days of racing will be something to remember. Here's a look: The Derby Th...
Pandemic delays Yahoo Japan, Line merger past October

Pandemic delays Yahoo Japan, Line merger past October

Technology
The merger between online services Yahoo Japan and Line Corp. is getting pushed back to later than the scheduled October date because of the fallout from the coronavirus pandemicBy YURI KAGEYAMA AP Business WriterJune 30, 2020, 9:51 AM2 min read2 min readShare to FacebookShare to TwitterEmail this articleTOKYO -- Online services Yahoo Japan and Line Corp. said Tuesday the fallout from the coronavirus pandemic is causing delays that will push back their merger to later than the scheduled October date. Z Holdings Corp., which operates Yahoo Japan, and Naver Corp. of South Korea, which owns a majority stake in Line, announced last year the merger as equal partners that will form a joint venture through a tender offer. Both sides said procedures required under law were getting delayed becau...
They were struggling to repay their student loans before the pandemic. Now it’ll get worse

They were struggling to repay their student loans before the pandemic. Now it’ll get worse

Finance
Sam SeagravesSource: Sam SeagravesAlmost all of the money Sam Seagraves used to make as an actor in Portland, Oregon, went toward her monthly student loan bill of $ 1,083. Then the coronavirus pandemic hit.With many production companies postponing or cancelling operations, Seagraves hasn't been hired for a role since March. The CARES Act granted people with federal student loans a break from their payments until the end of September, but Seagraves has had to dig into her small savings to continue paying her monthly private student loan bill of $ 700.  "I have enough saved to pay the private student loans through August; I'm not entirely sure how I'm going to pay them after that," Seagraves, 30, said. She owes around $ 75,000 nearly a decade after graduating fr...