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Jack Nicklaus’s former company has filed voluntary Chapter 11 bankruptcy cases after the golf legend won a $50 million award in a defamation lawsuit against the company last month.

Nicklaus filed the 2023 lawsuit against Nicklaus Companies LLC; the company’s executive chairman and billionaire banker Howard Milstein; and executive vice president of Nicklaus Companies Andrew O’Brien. It centered on statements made in another lawsuit filed in New York.

Nicklaus’s attorneys argued that the New York lawsuit included false claims that Nicklaus wanted to accept a leadership role with the controversial Saudi golf league LIV Golf, and those claims were widely circulated to news reporters, clients and others in the golfing world.

In October, the Palm Beach County jury determined Nicklaus Companies was liable for actively participating in the publishing of false facts and defamatory statements, awarding the 85-year-old North Palm Beach resident $50 million in damages, according to the verdict. The jury did not find Milstein and O’Brien personally liable, and they will not pay any part of the damages. read more

The next trip to space for Boeing’s beleaguered Starliner spacecraft won’t have a crew on board after NASA announced changes to the commercial crew contract that also slashes the total number of missions to the International Space Station.

NASA on Monday announced the update to the 2014 contract that originally called for six operational crewed flights to the station after completing both a successful uncrewed and crewed flight test.

Now, the contract reduces that total to four missions, although the remaining two will be available as options.

The move comes after Starliner’s last flight in June 2024, which flew to the station with two NASA astronauts for what was supposed to be as short as an eight-day stay on board.

But issues with its thrusters and helium leaks on its propulsion module led to NASA opting to send the spacecraft home without a crew, who ended up having to remain on board the station and be flown home on a SpaceX Dragon instead nearly 10 months after their arrival.

“After a thorough evaluation, NASA and Boeing have mutually agreed to modify the contract,” NASA posted in a press release. read more

By Tommy Tindall, NerdWallet

It’s the most wonderful time of the year — if being inundated with deals brings you joy.

If not, it can be kind of overwhelming. Officially, Black Friday is Nov. 28. But many sales are already underway.

Some examples: Target has daily deals happening now, and Best Buy is offering “early Black Friday deals,” too. Other retailers are planning for “Black Friday week” with sales starting Nov. 20 or sooner.

Manage the madness without marking up your calendar by simply knowing what a good price is for the items you want to buy.

You can also narrow down your list to the categories most likely to go low. We have some suggestions for you.

Buy: Top toys of the season

Toys make for a top category to get ahead of the Christmas curve. Every kid wants a Nintendo Switch 2, but don’t hold your breath for major markdowns on it. Instead, look for options like these, which are hot toys to grab now, according to website Toy Insider (and not as pricey as a game console).

• Melissa & Doug Sort, Stock, Select Beauty Kiosk Play Set
• Fisher-Price Imaginext Jurassic World Rebirth Ultimate Action Chomp T. Rex
• Play-Doh Barbie Designer Fashion Show Playset

“A new twist is that toy deals will be dropping earlier this year because people are worried about how tariffs will increase prices,” says Andrea Woroch, a money-saving expert who shares budgeting tips on her website. read more

Attendance at IAAPA Expo remains on the uptick. The annual event, which concluded last week at Orange County Convention Center, had 43,840 registered participants for 2025, a new record.

The five days of educational sessions, ride-vehicle reveals and other show floor activities are presented by the Orlando-based International Association of Amusement Parks and Attractions. In June, the group announced plans to expand into the convention center’s West Concourse for the first time in 2026. Previously, it has been staged only within the North and South concourses.

This year, the 550,000-square-foot expo floor was sold out, featuring more than 1,100 exhibitors. Next year’s space will increase by almost 50%.

IAAPA CEO Jakob Wahl talked with the Orlando Sentinel about the event and its future, including next year’s event, which starts Nov. 16, 2026.

Wahl on the trends for 2025

“When you look around, we see the industry evolve further. We see technology being a stronger, vital part of everything that is done here. Technology in back of house, we see that going stronger, also technology enhancing attractions. read more

By STAN CHOE, AP Business Writer

NEW YORK (AP) — The U.S. stock market rallied on Monday, at the start of a week with shortened trading because of the Thanksgiving holiday.

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  What to buy (and skip) on Black Friday 2025

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  IAAPA Expo sets attendance record, looks to 2026 expansion

The S&P 500 climbed 1.5% for one of its best days since the summer and added to its jump from Friday, finding some strength following a shaky few weeks. The Dow Jones Industrial Average rose 202 points, or 0.4%, and the Nasdaq composite jumped 2.7%.

Stocks got a lift from rising hopes that the Federal Reserve will cut its main interest rate again at its next meeting in December, a move that could boost the economy and investment prices. read more