Premium / Supply chain radar: Toll Group CEO – ‘actioning every possible option with urgency’

first_img Subscription required for Premium stories In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium LOGIN Premium subscriber LOGIN Email* Email* Reset Your Password New Premium subscriber REGISTER By Alessandro Pasetti 06/04/2020 Password* Reset 3 minute read.On 1 April, Toll Group CEO Thomas Knudsen sent a message to all employees at 5.40pm local time.Part of it was leaked to the press: In a story headed “Toll Group CEO takes 40% pay cut” (link), The Australian Financial Review (AFR) last week reported that: “Knudsen, will take a 40% pay cut for the next six months and move some staff to a four-day week, as the logistics group struggles with the loss of business from big retailers shutting down stores … Please either REGISTER or login below to continue << Go back Forgotten your password? Please click here Please Loginlast_img read more

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Premium / DVZ radar: Enter Germany’s controversial supply chain law

first_img Reset Your Password (This post was originally published here in German in Deutsche Verkehrs-Zeitung DVZ on 11 June; DVZ and Premium have agreed a partnership according to which relevant corporate/supply chain content published by DVZ can be exclusively used by Premium.)Germany’s parliament, the Bundestag, passed the Supply Chain Act last week (w/c 31 May).The aim is to better protect human rights and the environment in the global economy – because across trade and production, fundamental human rights are regularly violated, and the environment is destroyed.With the “Draft … Subscription required for Premium stories In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium By Susanne Landwehr 16/06/2021 Email* Email* Please either REGISTER or login below to continue Forgotten your password? Please click here Please Login Password* LOGIN << Go back Reset Premium subscriber LOGIN New Premium subscriber REGISTERlast_img read more

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Mass. gets a thumbs-down on negotiating Medicaid prices, but Oklahoma wins on ‘value’ rebates

first_img What is it? @eemershon Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. By Erin Mershon June 27, 2018 Reprints Mass. gets a thumbs-down on negotiating Medicaid prices, but Oklahoma wins on ‘value’ rebates GET STARTED What’s included? WASHINGTON — The Trump administration wants states to experiment with drug prices — but not too much.In a pair of decisions Wednesday, top health officials offered the first clear signals of just how far they will let state Medicaid agencies go when it comes to negotiating discounts for prescription drugs. The administration declined to approve a bolder proposal from Massachusetts to use a formulary to exclude some drugs from Medicaid coverage, a common negotiating tactic for commercial plans. At the same time, it approved a separate idea from Oklahoma to let the state’s Medicaid program negotiate extra rebates if a given drug isn’t as effective as expected. Log In | Learn More Politics center_img Erin Mershon Alden Pellett/AP Unlock this article — plus daily intelligence on Capitol Hill and the life sciences industry — by subscribing to STAT+. First 30 days free. GET STARTED STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. [email protected] Senior News Editor About the Author Reprints Tags drug pricinginsuranceMedicaidSTAT+stateslast_img read more

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Canadian edibles, topicals market worth $2.7B: Deloitte

first_imgMagnifying glass with green cannabis leaf limbi007/123RF Advisors and investors optimistic about equities in 2020 Consumers are looking to snap up these new pot products in addition to the dried flower, oils, plants and seeds they have been buying from legal retailers since legalization last fall, a recent survey of 2,000 Canadians conducted by Deloitte suggests.The first wave of legalization last October was quite limited in terms of product range and the type of consumer, said Jennifer Lee, Deloitte Canada’s cannabis national leader.“When we legalize in October again for edibles, we are in a world where the formats and the assortment is much broader,” she said. “The use cases are much broader.”Canada is gearing up to legalize cannabis-infused foods, beverages, topicals and other next-generation products in the coming months, once Ottawa rolls out the final regulations.Pot companies, as well as food and beverage makers, have been preparing to roll out their own pot-infused products which they anticipate will appeal to a broader audience—particularly those who aren’t interested in smoking weed.The federal government wrapped up its consultation on the draft edible rules in February, and has said the regulations must be brought into force no later than Oct. 17, 2019.Deloitte estimates that roughly $1.6 billion will be spent on edibles in Canada, followed by cannabis-infused beverages at $529 million and topicals at $174 million. Spending on concentrates is expected to hit $140 million, followed by tinctures at $116 million and capsules at $114 million.Roughly half of likely edible users surveyed by Deloitte say they plan to consume gummy bears, cookies, brownies or chocolate at least every three months.The global market for alternative cannabis products is expected to nearly double over the next five years, the consultancy added.Lee doesn’t expect these new products to eat into revenues from existing categories in Canada, at least in the early days.“Over time, in the long term, you may,” she said. “But right now, there’s too much demand in the market and there’s not enough product.”Legal pot retailers, both government and privately owned, have been contending with a shortage of cannabis since legalization last October, but have said the situation has improved in recent months.For example, the Alberta government lifted its moratorium on new cannabis retail licences, citing an increase in the pot supply.Deloitte’s market estimates for cannabis 2.0 products reflect overall Canadian consumer demand, but realizing the market’s full potential too may take some time. Many of the new pot products may not be available, or available in sufficient quality, come October, Deloitte said.Companies should take a three- to five-year view on the market, said Lee.“The regulations will need time to settle, even after legalization in October,” she said.While this presents a growth opportunity for companies readying themselves for the next wave of the green rush, it may come at the expense of sales in more established industries.“Our research is showing that the occasions that consumers use the product, i.e. mostly edibles, overlap a lot with alcohol … On a limited wallet, there are going to be tradeoffs,” Lee said.As well, consumers view topical cannabis products such as lotions used for ailments such as pain as a potential replacement for other medicinal products, Deloitte’s survey showed.“This could be cause for concern for the traditional pharmaceutical sector, as 45% of current consumers and 48% of likely consumers say they see cannabis topicals as an alternative to prescription medications, not a complement,” Deloitte said in the report.Deloitte surveyed 2,000 adult Canadians online between Feb. 26 and March 11.According to the polling industry’s generally accepted standards, online surveys cannot be assigned a margin of error because they do not randomly sample the population. Keywords Cannabis Related news The Canadian market for next-generation cannabis products is worth an estimated $2.7 billion annually, with edibles contributing more than half, according to a new report from Deloitte.This spending once the final edible pot regulations roll out in the coming months is expected to be on top of the roughly $6-billion estimated domestic market for recreational and medical cannabis, the consultancy said Monday. Share this article and your comments with peers on social media Seniors: Canada’s fastest-growing group of pot smokers Facebook LinkedIn Twitter Armina LigayaCanadian Press Investors bullish on Q1 returns while advisors remain cautiouslast_img read more

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Plans on Track for Cricket World Cup 2007

first_imgFacebookTwitterWhatsAppEmail As the countdown to the staging of the ICC Cricket World Cup 2007 continues, with a year and a day to go, officials are assuring the public that plans are on track for the West Indies to host the best event in the history of the sport.Speaking at a press conference on March 10 at the Hilton Kingston Hotel, ICC Cricket World Cup 2007 Managing Director, Chris Dehring said that a tremendous amount of work has been completed in terms of preparation. However, he said there was still much to be done.“I can tell you categorically that we are where we want to be. We are certainly where we expected to be at this point. Yes there are challenges, but they are not challenges that we did not anticipate,” he noted.He also said that there was a world out there that looked on the Caribbean with absolute cynicism in terms of its ability to host such an event. As such, he urged the Caribbean media to become vanguards of the truth.“You have to take on the responsibility of investigating and printing the truth,” he said, while dismissing reports that Guyana was lagging in its stadium construction schedule.“Guyana has in fact been a star in our venue construction programme. They are ahead of schedule,” Mr. Dehring added.Supporting Mr. Dehring’s view was ICC Cricket World Cup 2007 Venue Development Director, Don Lockerbie, who said it was customary for the media around the world to judge stadia a year before the staging of an event.“We saw it with Athens, where they were given all sorts of bad media press about how they would not finish on time. We have seen it with FIFA World Cup in Germany for 2006, where there has been some attacks on their venues.,” Mr. Lockerbie said.“I am just letting everyone know that without a shadow of doubt, Cricket World Cup venues will be ready and they will be the finest assembly of cricket stadia ever put together for a World Cup,” he added.However, Mr. Lockerbie said it was necessary to ensure that the territories continued to display the type of progress that was needed to keep plans on track, because for him, the ICC Cricket World Cup 2007 would really commence in 69 days, when India arrives in Jamaica for its two-month tour of the West Indies.“Let us not think for one second that the media of the world, players of the world, cricket administrators around the world and tourists are not coming with their cameras.with their media pads out and their videos. They will be remarking, commenting and most importantly, judging our preparations,” he pointed out.Expounding further on preparations, Mr. Lockerbie said that contractually, the Local Organising Committees (LOC) of the host territories must have the legacy portion of their stadia completed by October 31, 2006.The legacy portion of the stadium, he explained, is the section of the stadium that will be around the next 50 years or more. “It is the permanent construction.that is why we need that done by the end of October, because the definitive tour by the ICC will take place in late November 2006,” he pointed out.He further informed that ICC officials would take several days to inspect each venue in November. The inspections, he said, would ensure that most of the venues to be used for the event would be “ready to go”, and also meet engineering and architectural standards, among other things.Mr. Lockerbie clarified that although all stadia are supposed to be completed by October 31, construction would not necessarily be finished.“Believe me when I tell you that venue development takes place all the way up to the last few days before the World Cup begins, so we won’t be late. We won’t be behind,” he stressed.Meanwhile, the Eighth ICC Cricket World Cup 2007 Venue Summit, which followed on the heels of an ICC Venue tour of seven stadia in five host territories last week, left many ICC officials both impressed and encouraged.Some 140 delegates from the region as well as the continents of Asia, Europe, Africa and North America were in attendance.“I think it is very key that the ICC went away and was very pleased with what they saw,” the Venue Development Director said.Also updating the press was Jamaica LOC Chief Executive Officer, Robert Bryan, who argued that there was a need to energize the region to get involved in the preparations for the ICC Cricket World Cup.“If we are to be successful, it is going to require that the entire population of the region becomes involved and see it as a responsibility and pretty much recognize and approach the preparation with the pride that is required,” Mr. Bryan noted.He also encouraged the regional and local cricket boards and administrations to understand that a critical part of the successful hosting of the event had to do with the performance of the West Indies team.“We do believe that if we could piece that closer to the other preparations, it would make a huge difference in energizing the region,” Mr. Bryan said. RelatedPlans on Track for Cricket World Cup 2007 RelatedPlans on Track for Cricket World Cup 2007 Plans on Track for Cricket World Cup 2007 UncategorizedMarch 14, 2006center_img Advertisements RelatedPlans on Track for Cricket World Cup 2007last_img read more

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Ornamental Fish Exposition in October

first_imgRelatedOrnamental Fish Exposition in October FacebookTwitterWhatsAppEmail The Jamaica Ornamental Fish Farmers Association (JOFFA), in celebration of its 10th anniversary, will be staging the country’s first ever ornamental fish exposition next month in Kingston.The two-day event, which will get underway on October 28 at the Jamaica College campus, will be held in collaboration with the Ministry of Agriculture and Lands. The theme for the event is: ‘Treasures beneath the water: Highlighting opportunities in the pet fish industry’.According to President of JOFFA, Hugh Graham, “JOFFA has been in operation for 10 years now and so given the fact that there are excellent entrepreneurial opportunities attached to this mode of business, we thought that it was time to have this event”.He told JIS News that ornamental fish was in huge demand internationally and the potential for Jamaica to earn significant foreign exchange from the sector was “mind boggling”.“Given our close proximity to mainland America, we need to explore the potential for Jamaica to follow in the footsteps of countries like Singapore and become a major exporter of ornamental fish to the world’s largest markets,” he said.He invited the public to come out and participate in the exposition, noting that, “we expect on that weekend to provide a forum for the development of new business and exchange of information among industry players such as hobbyists, fish breeders, business owners and financial institutions”.Mr. Graham said that by showcasing the potential and opportunities available in the ornamental fish trade, the hope was to encourage more people to start their own ornamental fish businesses.“Currently, the Ministry of Agriculture is actively promoting ornamental fish as a viable business option for inner city youth employment and in fact, has earmark $15 million for this venture. We at JOFFA are very grateful for the strong support we have received from the EX/IM Bank”.A press conference to launch the exposition will be held at the offices of the Ministry of Agriculture and Lands on Tuesday, September 19 starting at 10:00 a.m.Persons wishing to contact the JOFFA can do so by calling 757-5650 or visit the organisation’s website @ www.joffajamaica.com. Advertisements Ornamental Fish Exposition in October UncategorizedSeptember 17, 2006center_img RelatedOrnamental Fish Exposition in October RelatedOrnamental Fish Exposition in Octoberlast_img read more

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House Passes Bill to Assist With Backlog of Court Cases

first_imgRelatedHouse Passes Bill to Assist With Backlog of Court Cases Advertisements RelatedHouse Passes Bill to Assist With Backlog of Court Cases RelatedHouse Passes Bill to Assist With Backlog of Court Casescenter_img House Passes Bill to Assist With Backlog of Court Cases UncategorizedSeptember 14, 2008 FacebookTwitterWhatsAppEmail Two Bills, addressing the backlog of court cases, were passed in the House of Representatives on September 9.The Bills seek to amend the Judicature Supreme Court Act, so as to increase the number of Judges of the Supreme Court and the number of Masters; and the Judicature Appellate Jurisdiction Act, so as to increase, by six, the maximum number of Judges of the Court of Appeal.Minister of Foreign Affairs and Foreign Trade, Dr. Kenneth Baugh, who piloted the Bills, noted that the amendments were made in an effort to improve the effectiveness of the justice system.“This (passing of the Bill) is, of course, in dealing with improving the efficiency and the efficacy of the court, to deal with cases that come before them year by year. And because of the difficulties that have been experienced for many years, there have been an accumulation culminating in a huge backlog of cases,” he said.The Bill to amend the Judicature Supreme Court Act, seeks to provide for a minimum of 24, and a maximum of 40, Puisne Judges, and a minimum of four, and a maximum of eight, Masters.Turning to the Bill to amend the Judicature Appellate Jurisdiction Act, which intends to increase, by six, the maximum number of Judges of the Court of Appeal,Dr. Baugh noted that “the present complement of the Court of Appeal is seven, that is the President and six judges, which allows for two panels of three judges to sit”.“The seventh judge sits in chamber to deal with chamber matters, there is, therefore, little or no time available to the judges for the preparation and writing of judgements, despite all the measures in the past, to clear this backlog of cases by strengthening the facilities of the Supreme Court and the Resident Magistrates’ Court, an increase in the number of judges in those courts, the number of judges of the Appeal Court has remained the same since 1967,” he continued.Dr. Baugh added that there is now a concerted effort to bring the backlog of cases within acceptable limits, and have the courts operating in keeping with international standards.last_img read more

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Government-backed 5G facility to be built in Oxfordshire

first_imgGovernment-backed 5G facility to be built in Oxfordshire The engineering hub, set to be built by the IT and business consultancy CGI in ESA-ECSAT at the Harwell Campus in Oxfordshire, is being backed by over £3 million of government investment and due for completion in 2021.Providing a base for UK researchers and businesses to experiment, the new 5G hub – eventually planned to extend across the entire Harwell campus – will provide a testing facility that can show the benefits of hybrid 5G and satellite communications networks. The hope is that once the technology is demonstrated the techniques can be rolled out to other businesses across the UK.5G connectivity is likely going to change the world and its considered the next meteoric leap in wireless communications, offering faster data speeds and less latency across networks. This low “latency” – the millisecond gap between action and reaction – has the potential to accelerate the green revolution needed to tackle climate change. It paves the way for vehicles to swap data nearly instantly, which can aid navigation and, for example, mean a car can begin to apply the brakes before a driver is aware of an accident.Science Minister Amanda Solloway said:This year staying connected has taken on a new profound importance – from keeping in touch with loved ones and competing in Zoom quizzes to helping us tackle COVID-19.This new state-of-the-art facility backed by government funding will enable our brightest researchers and engineers to better understand how 5G can help connect us all, creating new business opportunities, while delivering green efficiencies across the UK.Space and tech companies are focusing on 5G because it allows for a broad range of applications across industries, including Internet of Things technology and augmented reality, all of which can be applied to manufacturing, public safety, enterprise and communications software and entertainment and gaming.5G will enable more devices to be connected for more of the time: the “Internet of Things”, where chips in billions of devices talk to one another, bringing the prospect of huge efficiencies in everything from medicine and manufacturing to farming. It is also a quick, affordable way of bringing a fast data network to places where cables will not reach, from remote villages to disaster zones.This new facility will develop software that allows satellite networks, including low-Earth orbit networks, to be integrated into terrestrial public and private communications networks. This will create new business opportunities for application developers and mobile network providers.Credit: ESAThe centre is being backed by a European Space Agency contract, and as part of the development CGI is working with BT, Avanti Communications and the University of Surrey on a project to see how it can connect rural communities to 5G in the most affordable way possible.Elodie Viau, director of telecommunications and integrated applications at ESA, said:ESA’s novel 5G Hub will showcase how space technology enables connectivity, partnering with industry to foster innovation in the realms of autonomous vehicles and smart cities, and to enable machines to exchange information with one another via the Internet of Things.Adding satellites to existing terrestrial 5G infrastructure is essential to ensure a reliable and safe telecommunications network that supports such connectivity, which in turn promotes a seamless and more environmentally friendly experience. Investing in space improves life on Earth.Shaun Stretton, Senior Vice President for UK & Australia Space Control and Information Solutions at CGI, said:This exciting facility will bring closer the potential benefits of satellite integration into 5G networks.Through our work with the European Space Agency and industry partners, including the development of our Carnot-Sat hybrid network planning tool, it became apparent that the ability to demonstrate the benefits of integrated 5G and satellite communications networks would help to accelerate the delivery of 5G in the UK and across Europe.CGI invested in our own innovative 5G Accelerator lab which is being used as a model for the 5G Hub at the European Centre for Space Applications and Telecommunications.Matthew Evans, Markets Director, techUK, said:This facility is another indication of the UK’s commitment to being a global leader in 5G innovation. Hybrid solutions such as these could be a powerful way of providing connectivity and services to hard-to-reach areas across the UK, as well as enhancing the capabilities of our space sector to global markets.In October three UK employers pledged to create 5,000 tech-related jobs. Liberty Global, the owner of Virgin Media, and O2’s parent, Telefónica, unveiled plans to create 4,000 jobs in the UK and another 1,000 apprenticeships to accelerate the rollout of 5G. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:accelerator, augmented reality, Australia, climate change, communications, Engineering, Europe, Government, infrastructure, Investment, mobile network, space agency, telecommunications, UK, UK Government, universitylast_img read more

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Roth honored with collaborative Founders Award

first_imgRoth honored with collaborative Founders Award Rosemarie RothOne of the pioneers of collaborative family law in Florida has been recognized by the Florida Academy of Collaborative Practice with an award in her name.And, appropriately the first recipient of the FACP’s Rosemary S. Roth Founders Award is Rosemarie Roth, a veteran Miami practitioner who retired in December.“The short version is she and Bob Merlin and a couple people in South Florida learned about collaborative law and said, ‘Hey, we need this here,’” said Elaine Silver, FACP president.Roth helped found the Collaborative Law Institute, predecessor to the FACP, and be-came its first president.Silver said she promoted the award to “take a minute to honor the folks who built this ship and everyone who keeps it running. Rosemarie Roth was the perfect person to receive the first Founders Award.”Roth said her interest started in 1990 when she went to an ABA Section of Family Law meeting in Miami Beach. She attended a breakout session on collaborative law and was, to put it mildly, impressed.“I thought, oh my, this is the way family law should be practiced, because it’s a non-adversarial process and people can go through it without a judge making a decision and they can make their own decisions,” Roth said. “I was so excited about the process, when I came back to my office, I called 11 other lawyers I knew and said, ‘This is fantastic.’”The result was the institute and the start of collaborative law for family law cases. In the collaborative process, each party has a lawyer with the agreement that neither attorney will rep-resent their client if the case winds up in litigation. A mental-health professional as well as the attorneys attend the negotiation sessions with the divorcing couple and a financial specialist is brought in if needed.“It’s effective because people, they’re the ones who decide the outcome in the process,” Roth said. “The attorneys are the ones who guide them, but they make the decisions.“There’s a whole different mindset, and the people who work in it are committed to get-ting it done, getting it resolved. It’s wonderful because it keeps the kids out of the process. It just made me think if people could do this, if they could resolve their differences in a very non-adversarial way they’re going to be able to parent afterwards. Litigation doesn’t do that, it stirs ugliness.”The collaborative process isn’t particularly cheap because of the involvement of two attorneys and mental-health and financial experts, Roth said, but litigation has its own costs of contesting expert witnesses and hearings and hearing transcripts as well as other expenses. There also can be delays in getting needed hearings.Studies have shown that the collaborative process has a more than 90% success rate, something Roth said her experience has borne out. And she said attorneys should be letting cli-ents know about the collaborative option.“When they go through a divorce, they can mediate, they can litigate, or they can go through the collaborative process,” Roth said. “The best thing [about collaborative law] is peo-ple decide their future, not a judge.”While the COVID-19 pandemic forced the FACP to delay its annual conference last summer by a couple months and then hold it virtually (along with a virtual presentation to Roth of her award), Silver said the organization hopes to meet in person — following mask and so-cial distancing guidelines — in early June for the 2021 Annual Conference.That includes a presentation of the second annual FACP Rosemarie S. Roth Founders Award. Silver said the recipient has been selected, but not announced.The annual conference is set for June 3-5 in Tampa at the J.W. Marriott at 510 Water Street. For more information about the conference, go to: https://www.collaborativepracticeflorida.com/event/9th-annual-florida-academy-of-collaborative-professionals-conference-expanding-access-to-collaborative/. Mar 23, 2021 Top Storieslast_img read more

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Cut Line: A momentous week for golf

first_imgIRVING, Texas – Golf hit for the cycle this week with news that Phil Mickelson has been cleared of any criminal activity in an SEC investigation, Muirfield Golf Club’s membership vote will cost the layout a foreseeable Open, and the world Nos. 2 and 3 remind the golf world that it’s not a one-horse race. Made Cut Objects are closer than they appear. It’s been a good week for those who savor parity. After missing the cut at TPC Sawgrass, Jordan Spieth bounced back with rounds of 64-65 at the AT&T Byron Nelson for a share of the early lead on Friday During the same news cycle, Rory McIlroy opened with rounds of 67-70 at the Irish Open and is just a stroke off the lead in his quest to win for the first time in 2016. Jason Day ascended to a new level with his victory last week at The Players and solidified his stranglehold on the top spot in the Official World Golf Ranking, leading some to proclaim the Jason era upon us. Less than a week later, Spieth and McIlroy proved yet again that golf is at its best when the top players are at their best. Turns out the guys that kept telling us they were close, really were. Made Cut-Did Not Finish (MDF) Insider moments. It was an eventful week for Phil Mickelson. On Wednesday, Lefty was named host of the CareerBuilder Challenge, taking over for former U.S. President Bill Clinton in an attempt by the PGA Tour to breathe new life into an event that is wedged into a difficult spot on the international schedule. Less than 24 hours later, Mickelson was named a “relief defendant” in a Securities and Exchange Commission case against Las Vegas investor and gambler Billy Walters and Thomas Davis, the former chairman of Dean Foods. Thursday’s filing was vindication of sorts for Mickelson, who agreed to pay back the money he earned ($931,000 plus interest) from his purchase of Dean Foods stock prior to an upcoming spin-off announcement. “The complaint does not assert that Phil Mickelson violated the securities laws in any way. On that point, Phil feels vindicated,” Mickelson’s lawyer said in a statement. “At the same time, however, Phil has no desire to benefit from any transaction that the SEC sees as questionable.” Few things can tarnish a reputation, particularly a reputation that has been as carefully crafted as Mickelson’s, like a white-collar crime allegation, but give Lefty credit for mitigating the damage. Members only. Two hundred and seventy-one years of history are hard to ignore. Despite an avalanche of public opinion against them you have to acknowledge that the 36 percent of Muirfield Golf Club members who voted against allowing females to join the club have the right to run their private course however they see fit. Yet while some viewed Thursday’s vote, which fell 14 votes shy of passing, to allow women members as a blow to a game that continues to struggle with an elitist reputation, it is the reaction that should give those who want the game to grow encouragement. The R&A swiftly and decisively removed Muirfield from the Open rotation, sending a strong message to other clubs – most notably Royal Troon, which will host this year’s championship and also doesn’t allow female members. The members’ vote spoke loudly, but the R&A’s reaction made a much more meaningful statement. Tweet of the week: @Beany25 (Catriona Matthew) “Embarrassed to be a Scottish women golfer from East Lothian after that decision.” Thursday’s vote set social media abuzz, but Matthew’s take was the most poignant. Missed Cut Wentworth woes. Just when it seemed that only PGA Tour events were taking a hit this year because of the crowded golf calendar, the European Tour’s flagship event was beset by a series of high profile no-shows. McIlroy opted not to play next week’s BMW PGA Championship after three consecutive weeks on the road, including this week’s Irish Open, which he is hosting. On Thursday, Justin Rose announced he would miss the event at Wentworth because of a back issue, and Ernie Els told Cut Line that he is also skipping the event to spend time with his daughter, who recently celebrated her 17th birthday. This season’s condensed schedule has taken a toll on the global golf calendar, not just those events inside the Lower 48. The voice. For many golf fans around the world, Peter Alliss is the voice of golf, all of which makes his comments regarding Thursday’s members vote at Muirfield that much more baffling. Alliss told The Telegraph, “The fact is if you talked to the wives of members of Muirfield they would be horrified at the prospect of being allowed to join.” He went on to say that women members wouldn’t want to pay club fees and even suggested that an “open letter” sent to members prior to the vote was written by a woman. Club officials said the open letter, which was signed by 33 members, likely led to the defeat of the proposal. “The introduction of lady members is bound to create difficulties,” the letter read, according to The Telegraph. “They are likely over time to question our foursomes play, our match system, the uncompromising challenge our fine links present, our lunch arrangements. It will take a very special lady golfer to be able to do all the things that are expected of them.” There is no shortage of reasons to question Muirfield’s all-male membership policy, but the most pressing question we have is what are they serving for lunch that the addition of females would ruin?last_img read more

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