Economy

Economy This losing lottery ticket is the most painful thing ever
Author: 0 This losing lottery ticket is the most painful thing ever

Yes, there's a big difference between the estimate and the actual prize, but in part that's because the prize is so huge. Patel tells the Greenville News that he plans to split his cut among the store's four employees. Four second-tier winning tickets worth $1 million each were sold in NY; three were sold in Florida; two each were sold in Massachusetts, Michigan, North Carolina, New Jersey and Virginia; and one each was sold in Arizona, Washington, D.C.

Economy Stocks shudder on Wall Street following steep drops overseas
Author: 0 Stocks shudder on Wall Street following steep drops overseas

The Dow Jones Industrial Average fell 125.98 points, or 0.5 percent, to 25,191.43, the S&P 500 lost 15.19 points, or 0.55 percent, to 2,740.69 and the Nasdaq Composite dropped 31.09 points, or 0.42 percent, to 7,437.54. Hong Kong's Hang Seng index sank 3.1 percent. There have also been disappointing quarterly earnings from several big-name companies, worldwide condemnation of Saudi Arabia - a major oil producer - over the killing of journalist Jamal Khashoggi, and concerns that the US-China ...

Economy Trump terms Khashoggi murder as ‘one of the worst cover-ups in history’
Author: 0 Trump terms Khashoggi murder as ‘one of the worst cover-ups in history’

The State Department will hold those individuals accountable by revoking their visas or making the ineligible to obtain a visa to enter the U.S., Pompeo said. Turkish officials believe he was tortured and killed while in the consulate, and his body dismembered. Erdogan did not directly implicate crown prince Mohammed bin Salman or any other top Saudi official, but he called on Saudi Arabia to extradite more than a dozen suspects to Turkey as the first step in an investigation.

Economy Lottery fever spreads in anticipation of $1.6B Mega Millions jackpot
Author: 0 Lottery fever spreads in anticipation of $1.6B Mega Millions jackpot

In California, for example, the lottery sold $5.7 million in Mega Millions tickets during the first half of the day Thursday. The games are played in 44 states, Washington, D.C., and the US Virgin Islands. You can buy $2 tickets at mini-marts, gas stations or other stores. For now, I'm off to buy a ticket for this Mega Millions jackpot . He's a lotto regular, but the ballooning jackpots for the Mega Millions and Powerball ( estimated $ 620 million jackpot, drawing Wednesday) have ...

Economy Oil edges back from big slump as Iran sanctions return to focus
Author: 0 Oil edges back from big slump as Iran sanctions return to focus

New US sanctions, targeting Iran's oil sector and banking, are to go into effect on November 4. Speaking at an investment conference in Riyadh , Falih also said OPEC and non-OPEC producers are expected to sign in December an "open-ended" agreement to continue cooperation in the energy markets.

Economy Khan Says Pakistan Wants Peace With All Its Neighbors
Author: 0 Khan Says Pakistan Wants Peace With All Its Neighbors

During the meeting, the prime minister highlighted the investment opportunities in energy and different sectors of Pakistan. Khan also attended a high-profile investment conference that opened in the Saudi capital on Tuesday. "Peace with India would help the two countries to divert their resources towards human development instead of indulging in arms race", Khan said. The prime Minister said the incidents of terrorism were today negligible and said the few that occurred had links to ...

Economy $1.6 billion Mega Millions jackpot drawing on Tuesday
Author: 0 $1.6 billion Mega Millions jackpot drawing on Tuesday

Officials don't have an estimate on how many tickets would be sold for that potential drawing, and they haven't said how large the estimated prize would be. What would you do if you won the jackpot? "As more tickets sell, chances grow that at least one buyer will pick all six winning numbers", said Carole Gentry, a spokeswoman for Maryland Lottery and Gaming, in an Associated Press article.

Economy Bagless vacuum cleaner firm Dyson to build electric vehicle in Singapore
Author: 0 Bagless vacuum cleaner firm Dyson to build electric vehicle in Singapore

Dyson chief executive Jim Rowan said: "The decision of where to make our auto is complex, based on supply chains, access to markets, and the availability of the expertise that will help us achieve our ambitions". But the city state has trade agreements with China and Japan and Dyson CEO Rowan said the comparatively high cost base would be offset by its technology expertise and focus.

Economy YouTuber orders two waters, leaves $10,000 tip
Author: 0 YouTuber orders two waters, leaves $10,000 tip

The note attached, the restaurant owner told the News and Observer , said: "Good people are still doing good things these days". On Saturday, a server at a restaurant in North Carolina was given a $10,000 cash tip by a customer who ordered just two waters.

Economy USA issues warning to Russian Federation about helping Iran escape upcoming oil sanctions
Author: 0 USA issues warning to Russian Federation about helping Iran escape upcoming oil sanctions

Iran's Oil Minister Bijan Namdar Zanganeh said oil exports remain "unstoppable" and the market will be in "turmoil" as long as the US imposes sanctions on the Persian Gulf nation's energy industry, Tasnim news agency reported. There has been concern that just as markets tighten with the start of the USA sanctions against Iran, Saudi Arabia could cut crude supply in retaliation for potential sanctions against it over the Khashoggi killing.

Economy Texas company recalls salads with chicken products sold in Colorado
Author: 0 Texas company recalls salads with chicken products sold in Colorado

The Agriculture Department said in a release issued Friday that Buddy's Kitchen Inc. of Burnsville produced the products between Oct 19, 2017, and October 9, 2018. The agency encouraged people to contact their healthcare providers if they are concerned. Symptoms associated with salmonella include diarrhea, abdominal cramps and fever.

Economy Saudi Crown Prince extends his condolences to family of late Jamal Khashoggi
Author: 0 Saudi Crown Prince extends his condolences to family of late Jamal Khashoggi

A Saudi friend of Khashoggi told The Associated Press that Khashoggi's son, Salah, has been under a travel ban since a year ago as a result of his father's criticism of the kingdom. The same man was seen in Khashoggi's clothing, according to the Turkish case, at the city's world-famous Blue Mosque just hours after the journalist was last seen alive entering the consulate on October 2.

Economy Migrant caravan resumes march to the U.S.
Author: 0 Migrant caravan resumes march to the U.S.

Migrants marched on through Mexico shouting slogans like " Si se pudo! " or "Yes, we could!" Mexican immigration authorities said they had allowed some 1,028 migrants through the official border crossing in Ciudad Hidalgo near the bridge spanning the Suchiate River over the past three days.

Economy Porsche Mission E Cross Turismo will go serial
Author: 0 Porsche Mission E Cross Turismo will go serial

It's possible we see both given Porsche's penchant for launching multiple derivatives of a single product line. While an all-electric Macan is still yet to be officially announced by the automaker, it is now certain that it will mass-produce a second electric sports auto: the Mission E Cross Turismo , which was first presented as a concept vehicle at the Geneva Motor Show in March 2018.

Author: 0 Pensioner 'depressed' after racial abuse on Ryanair flight

Although a fellow passenger and a flight attendant tried to intervene and calm the man down, he replied that he would carry on as far as possible with "this ugly black bastard". Ryanair said the issue has been reported to police and they can not comment any further. The Labour MP for East Hull and shadow attorney general, Karl Turner , tweeted: "He should have been removed from the flight and handed over to the police".

Economy Apple CEO Tim Cook asks Bloomberg to Retract Spy Chip Story
Author: 0 Apple CEO Tim Cook asks Bloomberg to Retract Spy Chip Story

Chief Executive Tim Cook took an extraordinary step of publicly demanding the retraction of a Bloomberg News story that claimed compromised motherboards made their way into Apple servers. None of those servers has ever been found to hold malicious chips. In an unusual move, Tim Cook has stated yet again that " there is no truth in their story about Apple ".

Economy In 3 days, fuel prices come down by 87 paise
Author: 0 In 3 days, fuel prices come down by 87 paise

In Delhi, petrol was priced at Rs 82.62 per litre (decrease by Rs 0.21) while the price of diesel was at Rs 75.58 per litre (decrease by Rs 0.11). Petrol price was cut by 25 paise a litre and diesel by 17 paise, according to the price notification of state-owned oil firms.

Economy Trading summary of Watch List active stock - The Walt Disney Company (DIS)
Author: 0 Trading summary of Watch List active stock - The Walt Disney Company (DIS)

Hudock Capital Group LLC raised its stake in shares of Walt Disney by 58.4% in the 2nd quarter. Over the last 90 days, insiders have sold 599,701 shares of company stock valued at $69,049,384. The company has a total of 1.49 Billion shares outstanding. The current ratio and the debt ratio are the two ratios that show the investor how quickly the company is able to payout its debt and how quickly it can cover its obligations.

Economy Chapelfield owners Intu made increased offer of £2.8bn in takeover talks
Author: 0 Chapelfield owners Intu made increased offer of £2.8bn in takeover talks

On 17 October, Intu received a revised indicative proposal of 215p per share. Peel Group, which is owned by Intu deputy chairman John Whittaker, already holds a 26 per cent stake in the company. However, in a note to clients, analysts at Liberum Capital said they struggle to see how the Intu Board will be able to recommend a cash offer below 239p.

Economy 3.5 lakh dollar millionaires own 438 lakh crores in India, says report
Author: 0 3.5 lakh dollar millionaires own 438 lakh crores in India, says report

Singapore's wealth per adult has increased more than 146 per cent since 2000, mainly from high savings, asset price increases and a rising exchange rate from 2005 to 2012. "There is still considerable wealth poverty, reflected in the fact that 91 per cent of the adult population has wealth below United States dollars 10,000", the report said.

Economy China not manipulating currency but lacks transparency
Author: 0 China not manipulating currency but lacks transparency

All three main Wall Street indexes ended negative - a day after chalking up their best day in more than six months - with below-par earnings denting sentiment. These include starting talks while limiting export finance for US-China trade, halting government purchases, blocking any potential trade agreement and directing the International Monetary Fund to carry out "additional rigorous surveillance".

Economy With No Mega Millions Winner, Jackpot Climbs to $1.6 Billion
Author: 0 With No Mega Millions Winner, Jackpot Climbs to $1.6 Billion

No one won the latest Mega Millions drawing, meaning the jackpot climbs to a staggering $1.6 billion. Should Tuesday produce a victor, it will be the largest prize in USA history - and the sum is likely to grow even larger before the draw as excitement around the record-breaking cash prize tempts more people to play.

Economy Clashes, violence as thousands of migrants storm Mexico border
Author: 0 Clashes, violence as thousands of migrants storm Mexico border

Migrants exhausted of waiting to cross into Mexico , jumped from a border bridge into the Suchiate River, in Tecun Uman, Guatemala, Oct. 19, 2018. Tension was palpable in Ciudad Hidalgo, a tiny tropical village in Mexico surrounded by rain forest and banana plantations that borders Tecun Uman in Guatemala, with the two towns separated by a muddy river.

Economy Passengers stranded as Cypriot budget airline Cobalt cancels all flights
Author: 0 Passengers stranded as Cypriot budget airline Cobalt cancels all flights

But late on Wednesday night, its website was abruptly replaced with a single-page statement announcing the cancelation of all of its flights from 23:50 pm. The minister confirmed the airline was struggling but had informed authorities it was looking for funding. She said: "We thought it would be easier and less stress getting married overseas but it's a nightmare".

Economy Oil prices tumble as USA crude inventories surge
Author: 0 Oil prices tumble as USA crude inventories surge

Nearby futures prices have fallen much more heavily than contracts with longer to run before expiry, shifting the entire futures curve from a steep backwardation closer to flat. "Houston's importance as a trading and export hub for physical crude oil from Cushing and the Permian Basin continues to evolve due to the shale oil revolution and repeal of the crude oil export ban", Peter Keavey, CME Group Global Head of Energy, said in September.

Economy Facebook Facing Another Lawsuit Over Allegedly Misleading Advertising Claims
Author: 0 Facebook Facing Another Lawsuit Over Allegedly Misleading Advertising Claims

Crowd Siren, a Las Vegas marketing agency that is one of the plaintiffs in the lawsuit , now claims that Facebook knew as early as 2015 that it was over-reporting the figures. Facebook said the calculations were fixed, and downplayed the importance of that metric . Facebook has made video central to its growth for years, convincing advertisers and media organizations alike that they should redirect investment to video content.

Economy National & World News, Major London rail hub suffers disruption
Author: 0 National & World News, Major London rail hub suffers disruption

We strongly advise customers to only travel if necessary in the Thames Valley area, and to check carefully before traveling elsewhere as long distance journeys are likely to be affected. TfL rail services are suspended until at least 2pm, and a rail replacement bus service is operating between Paddington and London Heathrow. GWR is investing £500m in the new fleet delivered by Hitachi which will replace the operator's high-speed rolling stock by the end of next year.

Economy Facebook tentatively concludes spammers were behind recent data breach
Author: 0 Facebook tentatively concludes spammers were behind recent data breach

The Journal reported Thursday that the hack was committed by a group of Facebook and Instagram spammers who have been associated with a digital marketing company. In addition to Facebook , the Federal Bureau of Investigation and the privacy watchdog in Ireland, where the company's global headquarters is located, also investigate the case.

Economy Mega Millions ticket sold in Elizabethtown matches $1M prize
Author: 0 Mega Millions ticket sold in Elizabethtown matches $1M prize

Mega Millions tickets are sold in 44 states plus the District of Columbia and the U.S. Virgin Islands. Jackpot prizes must be claimed within 60 days of the winning jackpot draw to receive the lump-sum payment. Someone could win $420 million. There was no victor in Wednesday's Powerball drawing , pushing Saturday's jackpot to $253 million. The odds of winning "scratchers" - those little instant winning tickets that you can buy for prices ranging from $1 to $50 - are better, but ...

Economy Further US rate hikes 'most likely' needed: Fed minutes
Author: 0 Further US rate hikes 'most likely' needed: Fed minutes

USA central bankers see no reason to pause the current course of gradual rate hikes that have infuriated President Donald Trump and some even say the Federal Reserve may soon need to slow the economy , according to meeting minutes released Wednesday.

Economy China's 3Q GDP growth slowest since 2009
Author: 0 China's 3Q GDP growth slowest since 2009

But the slowdown has been deeper than expected, prompting Chinese leaders to reverse course and encourage banks to lend. NBS spokesman Mao Shengyong said China's economic growth remained generally "faced with an extremely complex environment overseas and the daunting task of reform and development at home".