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Tiger Woods after a 2008 win, and on Sunday. Photos: Andy Lyons/Getty Images; Kevin C. Cox/Getty Images

Tiger Woods' win at the Masters could revitalize the golf industry, which has struggled in the past decade, AP reports.

The backdrop: Enthusiasm for golf waned during Tiger's 11-year drought between major wins. Nike stopped selling golf equipment in 2016 to focus on apparel. About a year later, rival Adidas sold off its golf business.

During the tournament, Woods wore head-to-toe Nike, with the swoosh on his hat, shirt, pants and shoes.

  • Shares rose for Nike, the sponsor that stood by Woods after his 2009 car crash and reports of extramarital affairs.
  • Shares of energy drink maker Monster Beverage Corp., a sponsor whose green logo appears on Woods' golf bag, gained about 2%.
  • TV ratings of golf tournaments and sales of golf equipment are likely to rise, at least in the short run.

Go deeper: Axios' Deep Dive on business of sports

Go deeper

Making sense of Biden's big emissions promise

Illustration: Sarah Grillo/Axios

President Biden's new U.S. emissions-cutting target is a sign of White House ambition and a number that distills the tough political and policy maneuvers needed to realize those aims.

Driving the news: This morning the White House unveiled a nonbinding goal under the Paris Agreement that calls for cutting U.S. greenhouse gas emissions by 50%-52% by 2030 relative to 2005 levels.

Biden pledges to cut greenhouse gas emissions by up to 52% by 2030

U.S. President Joe Biden seen in the Oval Office on April 15. (Photo by Doug Mills-Pool/Getty Images)

The Biden administration is moving to address global warming by setting a new, economy-wide greenhouse gas emissions reduction target of 50% to 52% below 2005 levels by 2030.

Why it matters: The new, non-binding target is about twice as ambitious as the previous U.S. target of a 26% to 28% cut by 2025, which was set during the Obama administration. White House officials described the goal as ambitious but achievable during a call with reporters Tuesday night.

3 hours ago - Health

Health care workers feel stress, burnout more than a year into the pandemic

Photo: Steve Pfost/Newsday RM via Getty Images

More than a year into the coronavirus pandemic, some 3 in 10 health care professionals say they've considered leaving the profession, citing burnout and stress, a Washington Post-Kaiser Family Foundation poll out Thursday indicates.

Why it matters: Studies throughout the pandemic have indicated rising rates of depression and trauma among health care workers, group that is no longer seeing the same public displays of gratitude as during the onset of the pandemic.