Long a staple of business networking, golf is on the decline. It's lost five million players in the last 10 years, but now it's making some changes to bring golfers back to the course.
The official start of golf season is in full swing with all the top golfers competing this weekend in The Masters. The retail side of golf was sliced nearly in half by the recession, but some stores are making a return.
New York Bureau chief Heidi Moore and Sudeep Reddy of the Wall Street Journal check in for our weekly recap of wall street and the economy: Sluggish jobs report, Facebook plays the exchange game, and will IBM's CEO go to the Masters?
The Masters golf tournament starts today, and Tiger Woods is back in form on the heels of his first PGA win in two years. Regardless of whether he wins, TV executives are counting on Tiger to pump up the ratings.
The Master's tournament tees off next week at the exclusive Augusta National Golf Club in Georgia. It's tradition that CEOs of major tournaments sponsors are invited to join the all-male club. Thing is, the CEO of a major sponsor IBM is a woman.