thursday

Two weeks ago, LIV Golf did its best to conceal the fact that the Saudi Public Investment Fund would cease to bankroll the league after the current season, only to have LIV CEO Scott O’Neill let the truth slip during a television interview.

This week, the intentions of PIF and consequences to LIV are known by all.

LIV Golf announced Thursday that it has established a new independent board that will attempt to keep the league afloat utilizing a “diversified, multi-partner investment model.” In other words, a model that doesn’t include PIF.

PIF Governor Yasir Al-Rumayyan no longer will serve as LIV Golf chairman, another unmistakable signal that the Saudi sovereign wealth fund worth an estimated $1 trillion is cutting ties with financially troubled LIV.

LIV Golf was supposed to be a key component in Saudi Crown Prince Mohammed bin Salman’s “Vision 2030” plan to diversify the kingdom’s economy away from oil. PIV lured megastar golfers Phil Mickelson, Jon Rahm, Bryson DeChambeau, Dustin Johnson and others away from the PGA Tour by shoveling hundreds of millions of dollars into their bank accounts.

Al-Rumayyan, Prince bin Salman’s trusted technocrat, was charged with implementing the plan, but LIV Golf has failed to attract significant viewership or commercial sponsors despite innovations such as a 54-hole format and a team model.

When LIV and the PGA Tour came to a short-lived, tentative agreement to end pending litigation and potentially join forces in 2023, Al-Rumayyan was a key figure in the negotiations.

A last-ditch effort to broker a merger between the rival leagues took place in the White House in February 2025 when President Trump hosted Al-Rumayyan, PGA Tour commissioner Jay Monahan and Tiger Woods. No agreement was reached.

Now, apparently, PIF will attempt to turn its attention to initiatives that don’t bleed billions. The fund has invested more than $5 billion into LIV Golf since it was launched in 2022 and is reportedly spending $100 million per month this year.

The wealthy but suddenly unmoored LIV golfers have been left to scramble like a weekend hacker trying to salvage a bogey after chipping into a sand trap.

LIV Golf Louisiana announced that the tournament scheduled for June 25-28 in New Orleans has been postponed. A new date hasn’t been set. However, an official told ESPN on Thursday that next week’s tournament at Trump National Golf Club outside Washington, D.C., will take place as planned.

Six other tournaments remain on the schedule that concludes with LIV team championships on Aug. 27-30 at The Cardinal at Saint John’s in Michigan. Tournaments outside the United States are scheduled for South Korea, Spain and Great Britain.

Hired Thursday to come up with a financial model to keep LIV afloat sans PIF are Gene Davis and Jon Zinman, described in a LIV statement as “seasoned experts with proven track records of navigating complex situations and unlocking value for global organizations.”
 
LIV Golf’s contorted spin on acknowledging that PIF will no longer subsidize the league was a statement saying it will focus on ”securing long-term financial partners to support its transition from a foundational launch phase to a diversified, multi-partner investment model.”

Davis, the newly appointed chairman of the LIV Independent Directors Committee, sees opportunity in the face of a PIF-less future.

“LIV Golf has built something truly differentiated — a global league with passionate fans, world-class talent, and demonstrated commercial momentum,” he said in a statement. “The executive leadership team, along with Jon and I, see a clear opportunity to help the league formalize its structure, attract and secure long-term capital, and position the business for growth while continuing to promote the game across the world.

“ We look forward to positioning LIV Golf for future success.” 

Maybe Tom Cruise will make a visit to Sherman Oaks Notre Dame on Thursday for the Mission League track and field finals since he’s the one who said in his 1986 movie, “Top Gun,” that he feels “the need for speed.”

There will be no lacking in speed for the 100 meters, where there are so many runners who have run under 11 seconds this season that a second 100 final could be run if needed. Zion Phelps of Loyola has the fastest time at 10.39. Quincy Hearn of Notre Dame is at 10.52. Jayden Davis of Loyola has run 10.57. And there’s a freshman at Harvard-Westlake, Calvin Portley, who ran 10.69 at Monday’s prelims.

The 4×100 relay also should be outstanding, matching Notre Dame and Loyola. The Notre Dame quartet of Nikko Petronicolos, Quincy Hearn, Beckham Borquez and Emmanuel Pullins has run 40.76. Loyola has a time of 40.73.

Borquez is also a top hurdler and defending state champion JJ Harel of Notre Dame will be in the high jump. Ejam Yohannes of Loyola is one of the favorites to win a state title in the 400.

League finals are scheduled all week, with the Trinity League finals on Friday at 6 p.m. at JSerra.

Southern Section prelims will be held next weekend, followed by the finals on May 16 at Moorpark High.

This is a daily look at the positive happenings in high school sports. To submit any news, please email eric.sondheimer@latimes.com

The postseason has already begin, with playoffs and spring high school championships filling much of May.

Baseball

Southern Section Division 1 final will be held at Cal State Fullerton on Friday, May 29; others May 30 at Epicenter stadium in Rancho Cucamonga

City Section Open Division and Division I finals will be held at Dodger Stadium on Saturday, May 23.

Softball

Southern Section finals May 28-30 at Barber Park in Irvine.

City Section finals May 29-30 at site TBA.

Track and field

Southern Section finals are Saturday, May 16, at Moorpark High, with the Masters Meet on May 23.

City Section finals are Thursday, May 21, at Birmingham.

Boys’ volleyball

Southern Section finals are May 14-16 at Cerritos College.

City Section finals are Friday, May 15, at Venice and Saturday, May 16, at Birmingham

Girls’ beach volleyball

Southern Section finals are May 2 at Long Beach City College

City Section team final are May 1 at Santa Monica Beach

Lacrosse

Southern Section finals are May 15-16 at Fred Kelly Stadium in Orange.

City Section finals are Thursday, April 30, at Palisades

Swimming

Southern Section finals are May 5-9 at Mt. San Antonio College

City Section finals are Friday, May 8, at East L.A. College

Boys’ golf

Southern Section individual final is Thursday, May 21; team finals are May 18-19.

City Section finals are Wednesday, May 20, at Wilson/Harding.

Boys’ tennis

Southern Section finals are Friday, May 15, at University of Redlands Claremont Club

City Section finals are April 29, May 6-7 at Balboa Park

Stunt Cheer

Southern Section finals are Saturday, May 2, at Brea Olinda.

City Section finals are Friday, May 1, at Venice

This is a daily look at the positive happenings in high school sports. To submit any news, please email eric.sondheimer@latimes.com.

Pitching coach Gus Rico was having dinner on Thursday when head coach Matt Mowry of Birmingham High complimented him on closer Aidan Martinez recording all seven of his outs on strikeouts.

“I had no idea,” Rico said. “Everything is a blur when I’m calling pitches.”

Martinez is throwing some blurs these days after returning this season following Tommy John surgery in June 2024. He touched 92 mph with his fastball and has been improving each week, getting better command and walking fewer batters. He has 28 strikeouts in 15 innings and three saves.

Birmingham is one game behind El Camino Real in the West Valley League standings going into showdown week, playing El Camino Real on Wednesday at home and Friday on the road. The Patriots need a sweep to have a chance at their first league title under Mowry, who prefers winning City titles.

With Martinez throwing so well, it would be a good strategy for opposing teams to make sure they are leading going into the last two innings.

“He’s got a bright future,” Rico said.

This is a daily look at the positive happenings in high school sports. To submit any news, please email eric.sondheimer@latimes.com.

Rams All-Pro receiver Puka Nacua was present on Monday when the Rams began voluntary offseason workouts at their Woodland Hills training facility.

Nacua, who entered a rehabilitation facility in March, was not among players scheduled to speak with reporters at the outset of the Rams program, which includes three phases and ends in June.

Coach Sean McVay and general manager Les Snead are scheduled to speak with reporters on Tuesday during a news conference as a lead-in to the NFL draft, which begins Thursday in Pittsburgh.

The Rams, who have the No. 13 pick in the draft, are regarded as a favorite to play in Super Bowl LXI at SoFi Stadium in February.

But they will need Nacua to make that kind of run.

Nacua, 24, was involved in a string of off-the-field situations the last few months, including an alleged biting incident that led to a civil lawsuit.

Nacua led the NFL with 129 receptions last season. He is entering the final year of his rookie contract, and he is eligible for an extension that could equal or surpass the deal Seattle Seahawks receiver Jaxon Smith-Njigba recently signed that includes $120 million in guarantees.

Reed Hastings, who helped launched Netflix from a fledgling DVD mail-order business into a global streaming juggernaut, plans to exit the company after nearly three decades.

Hastings will leave the company he co-founded to focus on philanthropy and other efforts, the streaming company announced said Thursday.

Hastings, who serves as chairman of the Los Gatos company’s board, told Netflix he will not stand for reelection when his term expires in June, Netflix said in a letter to shareholders timed to its fiscal first-quarter earnings.

He said the commitment of Netflix Co-Chief Executives Ted Sarandos and Greg Peters was “so strong that I can now focus on new things.”

Peters described Hastings, 65, as the company’s “biggest champion,” and that he “is a part of our DNA.”

Sarandos called Hastings a “true history maker,” saying in a statement that Hastings’ “selfless, disciplined leadership style” will continue to shape Netflix’s path ahead.

Hastings’ exit was not unexpected as his role in the company diminished after he stepped aside as co-chief executive of Netflix in 2023.

During his tenure, Hastings oversaw the substantial growth of the streaming colossus. Today, Netflix has a market cap of about $455 billion, more than double that of the Walt Disney Co.

“My real contribution at Netflix wasn’t a single decision; it was a focus on member joy, building a culture that others could inherit and improve, and building a company that could be both beloved by members and wildly successful for generations to come,” Hastings said in a statement.

For the first quarter of 2026, Netflix reported nearly $12.3 billion of revenue, up 16% compared to the same time period a year ago. Operating income grew 18% to $3.9 billion for the three-month period ending March 31.

Both figures were ahead of the company’s guidance, a feat the streamer attributed to slightly higher than expected subscription revenue.

The company reported net income of $5.3 billion, up more than 80% compared to the $2.9 billion it recorded during the same period last year. Earnings per share was $1.23, up from 66 cents last year.

Netflix said it continues to expect 2026 revenue ranging from $50.7 billion to $51.7 billion, with an operating margin of 31.5%.

The earnings release and the Hastings announcement came after markets closed.

Netflix shares closed at $107.79, virtually unchanged. After hours, the shares dropped more than 8% to $98.26. They have climbed about 18% this year.

The Los Gatos-based company had previously secured an $82.7-billion deal to buy Warner Bros. studios and streaming services in December but it withdrew from the bidding war in late February after Paramount Skydance offered $31 a share. As part of the switch, Netflix was paid a $2.8-billion termination fee.

“Warner Bros. would have been a nice accelerant for our strategy, but only at the right price,” Netflix said in its investor letter. “We have multiple ways to achieve our goals (including producing, licensing, and partnering) and we’re constantly seeking to allocate our resources to the most attractive opportunities to maximize the value we are delivering to our members.”

Before Reed Hastings revolutionized the global entertainment business, he sold Rainbow vacuum cleaners door-to-door during his gap year between high school and Bowdoin College, where he earned his bachelor’s degree in mathematics.

During his sales pitch, Reed would first clean a homeowner’s carpet with their vacuum and then demonstrate how to clean using a Rainbow. The job helped hone his ability to understand customers, a core foundation of Netflix’s user-driven, candor-obsessed culture.

After Bowdoin and before he earned his master’s degree in computer science at Stanford, Hastings served in the Peace Corps (he also did a stint in the Marines) teaching high school math in Swaziland (now Eswatini).

“Once you have hitchhiked across Africa with ten bucks in your pocket, starting a business doesn’t seem too intimidating,” he told Time magazine.

While those experiences helped shape Hasting’s business sense, it was a late fee for a video that became the catalyst for launching Netflix, upending the way viewers consumed content and disrupting how Hollywood does business.

As the story goes, Hastings had misplaced a VHS tape of “Apollo 13” racking up a hefty $40 charge.

It was 1997 and his company Pure Software had just been acquired. It dawned on him that a gym membership offered a better business model, than the average video store — where you paid a set fee for the month and you could work out as much or as little as you liked. He thought, why not apply that to the movie rental business?

Netflix, began in Scotts Valley, Calif., as a mail-order business. Customers paid a tiered monthly fee to rent DVDs online which were delivered by mail.

The business exploded racking up millions of customers as it jettisoned the post office to an internet-based business. As the business accelerated across the world it also expanded, creating original content such as award-winning blockbusters such as “Stranger Things” and “House of Cards.”

The company’s innovation extended internally too. Hastings became known for implementing a unique and controversial culture of radical transparency, where employee evaluations are brutally candid and average performances can be grounds for termination.

The concept was a central theme of his 2020 book “No Rules Rules: Netflix and the Culture of Reinvention,” written with business professor Erin Meyer.

Times staff writers Meg James and Wendy Lee contributed to this report.

Health Secretary Robert F. Kennedy Jr. on Thursday faced federal lawmakers for the first time since September as he sought to defend a more than 12% proposed cut to his department’s budget and dodge arrows from angry Democrats along the way.

In his testimony before the House Ways and Means Committee, kicking off an expected sprint of seven budget hearings he’ll attend across congressional committees and subcommittees over the next week, Kennedy emphasized the administration’s work to reform dietary guidelines and crack down on waste, fraud and abuse.

Republicans on the committee praised Kennedy as a “breath of fresh air” and asked him to promote his department’s recent actions. Democrats, who have been furious over Kennedy’s sweeping overhaul of the U.S. Department of Health and Human Services, largely had a different agenda.

They needled Kennedy on what they viewed as the Trump administration’s hypocrisy on fraud, demanded to know why he was cutting budgets for various programs and slammed his efforts to pull back vaccine recommendations and messaging, which they said have caused unnecessary deaths.

Kennedy fired back, often raising his voice as he accused the Democrats of misrepresenting his work and past statements.

Here are three standout moments from Thursday’s hearing:

A standoff over measles

One heated exchange early in the hearing came between Kennedy and Rep. Linda Sanchez. The California Democrat decried recent measles outbreaks across the U.S. and asked Kennedy to answer for the fact that under his leadership, the Centers for Disease Control and Prevention pulled back public health messaging supporting vaccination.

“As a mother, this horrifies me,” Sanchez said. “Did President Trump approve your decision to end CDC’s pro-vaccine public messaging campaign?”

Kennedy repeatedly refused to answer, saying first he wanted to respond to the “misstatements that you’ve made” and later praising the Trump administration’s record on preventing measles, although protections against the disease have eroded in some parts of the country as vaccination rates have dropped.

“That’s not answering my question,” Sanchez said as the two talked over each other.

But Sanchez also got Kennedy, a longtime anti-vaccine activist before he entered politics, to acknowledge that a 6-year-old who died of measles last year in West Texas could have potentially been saved with vaccination.

“Do you agree with the majority of doctors that the measles vaccine could have saved that child’s life in Texas?” she asked.

“It’s possible, certainly,” Kennedy said.

RFK Jr. denies talking about Black children being ‘re-parented’

A fight erupted between Kennedy and Rep. Terri Sewell, a Democrat from Alabama, when Kennedy vehemently denied making remarks he’d said in 2024.

The comments dated back to when Kennedy was a presidential candidate. On the “High Level Conversations” podcast last July, he said, “Psychiatric drugs — which every Black kid is now just standard put on Adderall, SSRIs, benzos, which are known to induce violence, and those kids are going to have a chance to go somewhere and get re-parented to live in a community where there’ll be no cellphones, no screens, you’ll actually have to talk to people.”

“Have you ever re-parented, or parented, I should say, a Black child?” Sewell asked, as her staff held up a poster featuring an abbreviated version of the quote.

“I don’t even know what that phrase means,” Kennedy said. “I’m not going to answer something I didn’t say.”

“You’re making stuff up,” he later claimed.

A recording of the podcast shows he made the comments during a conversation about free rehabilitation facilities he was proposing opening at the time in rural areas around the country.

Health and Human Services spokesperson Emily Hilliard said Kennedy before joining the administration was referring to spaces where young people facing alienation, mental health challenges and despair could get re-parented, which she said was a psychotherapy term for “developing the emotional regulation, discipline, boundaries, and self-worth that may not have been established in childhood.”

For Kennedy and his former party, civility is the exception

Kennedy spent most of his life as a Democrat, the scion of one of the nation’s most famous political families. Both Republicans and Democrats during the hearing began their remarks by expressing their admiration of Kennedy’s relatives, among them former President John F. Kennedy.

But again and again throughout Thursday’s hearing, the fraying of bonds between Kennedy and his former party was on full display as spiteful comments were passed back and forth.

The Health secretary grew defensive and visibly agitated. He repeatedly criticized Democratic lawmakers for not giving him a word in edgewise.

“They’ve all shut me up,” Kennedy said at one point. “They give a little speech that they can go and market, you know, for fundraising, and they don’t allow me to answer the question.”

On a few rare occasions, the exchanges were civil. One representative, Gwen Moore of Wisconsin, used humor to make that happen.

“I promise to give you easy, comfortable questions if you don’t yell at me and hurt my feelings,” she told Kennedy. He promised he wouldn’t.

Swenson writes for the Associated Press.

The Rams’ bone-colored uniforms have been sent to the graveyard.

In a release on Thursday, the team unveiled updated Royal Blue and white uniforms and announced subtle changes to logos as part of what the Rams described as “a refined brand and uniform refresh.”

Matthew Stafford shows off the Rams’ new white uniforms released on Thursday.

(Brevin Townsell / Rams)

Later this year, according to the release, the Rams will announce two alternate uniforms to go along with the revamped Royal Blue and white ensembles and the black “Midnite Mode” rivalry uniform they debuted last season in a game against the Seattle Seahawks at SoFi Stadium.

But the team “removed the ‘Bone’ uniform from the rotation,” the release said.

The Rams also made other subtle changes. The “LA” monogram no longer includes gradient coloring. The Rams head logo has been “enhanced to appear bolder and tougher for a fiercer expression, and the horn features a sharper, more defined point,” the release said.

The Rams, with reigning NFL most valuable player Matthew Stafford at quarterback, are expected to be a favorite to play in Super Bowl LXI at SoFi Stadium.

The team begins voluntary offseason workouts on Monday in Woodland Hills, and has the No. 13 pick in the NFL draft, which begins Thursday in Pittsburgh.

A detailed look at the Rams’ new white uniform sleeve with blue and gold accents.

(Ryan Hadji / Rams)

A detailed look at the Rams’ new blue uniform sleeve with yellow accents.

(Ryan Hadji / Rams)

DEVELOPING STORYDEVELOPING STORY,

US president says the leaders of the two countries will speak for the first time in 34 years on Thursday.

United States President Donald Trump says the leaders of Israel and Lebanon will speak for the first time in 34 years on Thursday.

The announcement on Wednesday came a day after Israel and Lebanon’s envoys to the US held direct talks in Washington, DC, to discuss an end to Israeli attacks on its neighbour.

“Trying to get a little breathing room between Israel and Lebanon,” Trump wrote on his Truth Social platform.

“It has been a long time since the two leaders have spoken, like 34 years. It will happen tomorrow. Nice!”

The US president did not specify who will be involved in the talks.

Lebanon was drawn into the US and Israel’s war on Iran on March 2 after Tehran-aligned Hezbollah resumed attacks on Israel.

Hezbollah said the attacks were in retaliation for Israel’s killing of Iran’s Supreme Leader Ayatollah Ali Khamenei on the first day of the war, on February 28, as well as Israel’s near-daily violations of a ceasefire it agreed to in Lebanon in November 2024.

Israeli attacks since March 2 have killed more than 2,000 people in Lebanon and displaced more than 1.2 million others. The Israeli military has also launched a ground invasion in southern Lebanon, seeking to seize more territory and create what it calls a “buffer zone”.

Israeli Prime Minister Benjamin Netanyahu on Wednesday ordered the military to expand the invasion in southern Lebanon towards the east.

He said that Israel was pursuing negotiations with the Lebanese government alongside its military campaign against Hezbollah in hopes of disarming the armed group and achieving a “sustainable peace” with its northern neighbour.

The Lebanese government, which is not a party to the conflict between Israel and Hezbollah, is seeking a ceasefire and a withdrawal of Israeli troops from southern Lebanon.