Economy

Economy $1.5B Mega Millions jackpot is still unclaimed 3 weeks after drawing
Author: 0 $1.5B Mega Millions jackpot is still unclaimed 3 weeks after drawing

That's because the victor has 180 days from the draw date to claim the prize, she said. The ticket, sold at the KC Mart, matched all six numbers, defying the 1 in 302.5 million odds to win the near-record prize. Unclaimed lottery prizes are used for different purposes by each state. Sometimes jackpot winners never claim their prizes. The annuity, however, will get them the entire $1.537 billion jackpot in smaller payments over the next 30 years, with each being 5 percent larger than the ...

Economy Amazon selects New York City, Arlington, as HQ2 sites
Author: 0 Amazon selects New York City, Arlington, as HQ2 sites

The company has said it helped boost Seattle's economy indirectly by US$38 billion between 2010 and 2016. Amazon's requested perks include not just money, but a helipad at its planned new locations in Long Island City and National Landing - a tall order, given that Crystal City now falls within a flight restricted zone where the only allowed flights are those that go through the airport or have to do with law enforcement and the military.

Economy Italy seeks to cut 2019 growth forecasts to get European Union budget deal
Author: 0 Italy seeks to cut 2019 growth forecasts to get European Union budget deal

The government argues that servicing its debt of 131% of national output - second only to bailed-out Greece - would hurt Italians, who have still not recovered from the decade-old financial crisis. European Union officials warned of Italy acting as a possible contagion for financial chaos across the bloc because of the country's vast public debt.

Economy European shares recover after US tech rout; dollar falls
Author: 0 European shares recover after US tech rout; dollar falls

Prime Minister Theresa May's spokesman punctured earlier investor optimism over progress on a Brexit deal, denying a Financial Times report, citing European Union's Brexit negotiator Michel Barnier as saying the main elements of a deal were ready and could be presented to the United Kingdom cabinet as soon as Tuesday.

Economy Non-OPEC Oil Output Soars Despite Price Slide
Author: 0 Non-OPEC Oil Output Soars Despite Price Slide

US crude futures (CLc1) lost $2.64, or 4.3 percent, to hit $57.30 a barrel, lowest since December 2017, as of 12:18 a.m. EST (1718 GMT). USA light crude was US$1.55 lower at US$58.38. "This tweet certainly did not help prices", ING commodities strategist Warren Patterson said. Oil prices have now fallen for 12 consecutive trading sessions.

Economy 'Incomparable' pink diamond could smash auction record
Author: 0 'Incomparable' pink diamond could smash auction record

The price of around $2.6m per carat marked a world record for a pink diamond, according to the Europe head of auction house Christie's. A Christie's staff holds a 18.96 carat Fancy Vivid Pink Diamond during a preview in Geneva , November 8, 2018.

Economy Pilots says Boeing didn't disclose jet's new control feature
Author: 0 Pilots says Boeing didn't disclose jet's new control feature

A new safety measure added on the Max models to prevent pilots from losing control is what caused the plane to point downward, according to the FAA and Boeing . "It is not in the AA 737 Flight Manual Part 2, nor is there a description in the Boeing FCOM [flight crew operations manual]". "It's an existing procedure, so the bulletin that we put out again last week and over the weekend pointed to that existing flight procedure", Muilenburg told Fox's Maria Bartiromo.

Economy Oil continues record slide despite Saudi talk of supply cuts
Author: 0 Oil continues record slide despite Saudi talk of supply cuts

President Donald Trump took aim at Saudi Arabia's plan to cut oil production on Monday, injecting new tension into an already fraught alliance that has been clouded by USA concerns over the killing of journalist Jamal Khashoggi and the ongoing conflict in Yemen.

Economy Apple fatigue: Have we passed peak iPhone?
Author: 0 Apple fatigue: Have we passed peak iPhone?

Estimates of Apple's "most affordable" 2018 model, the iPhone XR, has been cut by almost 30 million shipments, a famed Apple analyst has written in his research note. 'We have reduced our iPhone XR shipment estimation from 100mn units to 70mn during the new product lifecycle (4Q18 - 3Q19),' Kuo said in a note to investors.

Economy Flipkart Group CEO Binny Bansal resigns with immediate effect
Author: 0 Flipkart Group CEO Binny Bansal resigns with immediate effect

While announcing Bansal's departure from the e-commerce company, the statement briefly acknowledged his contributions. Bansal, 37, has strongly denied the allegations, the details of which were not disclosed. Both Kalyan and Sameer will report directly into the board. Flipkart is an e-commerce company headquartered in Bengaluru, India, which received a $16bn investment from Walmart in May.

Economy Amazon chooses Northern Virginia, NYC for new headquarters
Author: 0 Amazon chooses Northern Virginia, NYC for new headquarters

The search for an HQ2 location has spanned more than a year and dozens of cities were in the running, including the Triangle. Amazon is dividing the second headquarters evenly between New York's Long Island City and the Crystal City area of Arlington, Virginia, the Journal said.

Economy Irish Aviation Authority investigating sighting of 'UFO' off the coast of Ireland
Author: 0 Irish Aviation Authority investigating sighting of 'UFO' off the coast of Ireland

A UFO investigation is underway after a number of pilots reported unusual lights over Ireland last Friday. She said they were " wondering " what it could be, that it did not seem to be on a collision course. "It was a bright light and then just disappeared at very high speed ". A Norwegian Air 737 flight, travelling from NY to Shannon was also party to the odd encounter, describing the speed of the UFO as " astronomical, it was like Mach 2 ".

Economy Oil industry leaders say production cuts may be necessary
Author: 0 Oil industry leaders say production cuts may be necessary

President Donald Trump criticized Saudi Arabia's announced plan to cut oil production on Monday, as tensions rose between the USA and its long-time Middle East ally. Suheil al-Mazrouei, energy minister of the host country UAE, hinted that producers are preparing to cut output. Falih said they would then decide whether to adjust production and by how much.

Economy Major oil producers foresee oversupply, edge closer to production cuts
Author: 0 Major oil producers foresee oversupply, edge closer to production cuts

West Texas Intermediate for December delivery rose as much as 97 cents to US$61.16 a barrel on the New York Mercantile Exchange and traded at US$60.99 at 4:41 p.m.in Tokyo. He said market sentiment had shifted from fears of shortages to worries about oversupply. The energy minister said: "There will need to be a reduction of supply from October levels approaching 1m barrels ..." The market should be balanced by the middle of next year, though there are forecasts for a surplus of 1 million to ...

Author: 0 Saudi Arabia, Iraq to work for oil market stability

Earlier this week, Iraq's Oil Minister Thamer Ghadhban said the country plans to increase its oil output and export capacity in 2019, with a focus on the southern oilfields, and is close to reaching a deal with worldwide companies. "We need not overreact" to falling prices, Mazrouei said, adding that crude was a dynamic market. "Targeting 100 per cent [compliance] is no longer recommended for the ministerial conference", said Mr Al Mazrouei.

Economy Veterans Day deals available at these places
Author: 0 Veterans Day deals available at these places

Additionally, military members will receive 10% off their check. Bring your military identification to take advantage of these terrific offers. Veteran's Day is a chance for the nation to show its appreciation to those who have defended its liberties.

Economy Ford buys electric scooter sharing company Spin
Author: 0 Ford buys electric scooter sharing company Spin

The City of Lubbock, Texas Tech, and Lime Scooters have formed an official partnership for the Lime Scooters to be the official electric scooter for our city and school. Electric scooters can help relieve some of our travel woes, such as traffic congestion, parking availability and pollution. Scooters were banned in San Francisco after complaints from pedestrians, but the city decided last month to allow for a 12-month pilot program by competitor Skip and Scoot.

Economy Federal Reserve leaves key policy rate unchanged
Author: 0 Federal Reserve leaves key policy rate unchanged

However, the statement noted that the "growth of business fixed investment has moderated from its rapid pace earlier in the year". They voted on Thursday to leave it there for now, again with all nine members of the rate-setting committee voting in favor.

Economy $10 a day childcare prototype sites on the way
Author: 0 $10 a day childcare prototype sites on the way

The amount of the quality improvement grant for each site will be determined as part of the province's evaluations of the sites' programs and improvement plans. parents can look forward to as we fully implement ChildCare BC". The prototype sites are expected to help up to 2,500 children. "Our government is following through with our promise to deliver affordable, quality child care and these two pilot sites will help make life more affordable for dozens of families on the Coast", Simons ...

Economy Alibaba Singles' Day smashes US$25 billion sales record
Author: 0 Alibaba Singles' Day smashes US$25 billion sales record

Matter of fact, the reason Singles' Day falls on November 11 every year is because of the number "1" represents a single person. Alibaba kicks off the annual event with a gala, which this year featured US singer Mariah Carey, a Japanese Beyonce impersonator and a shoe-shopping-themed Cirque du Soleil performance.

Economy New Mazda 3 confirmed for LA motor show debut
Author: 0 New Mazda 3 confirmed for LA motor show debut

This image comes ahead of the 3's global debut at the 2018 Los Angeles Motor Show , which opens to the press on November 28, with public days running from November 30 to December 9. The manager of Mazda named Dave Coleman from vehicle dynamics engineering admitted that the noise, harshness, and vibration. In the end, the premium European automakers are trying their best to make their diesel engines silenced.

Economy China's exports hold up despite US tariffs
Author: 0 China's exports hold up despite US tariffs

For the seventh month in a row total U.S. crude oil exports, excluding china , hit a new all-time high reaching 7.9 million t in September. Exports rose 15.6 percent last month from a year earlier, customs data showed on Thursday, picking up pace from September's 14.5 percent.

Economy FDA Plans To Impose Severe Restrictions On E-Cigarettes
Author: 0 FDA Plans To Impose Severe Restrictions On E-Cigarettes

Gottlieb is also expected to propose banning menthol in regular cigarettes, which is sure to get pushback from the tobacco industry. The move is a part of the FDA's crackdown on the widespread usage of e-cigarettes in youth as the agency grapples with an " epidemic " of youth e-cigarette use that threatens to create a new generation of nicotine addicts.

Economy Jo Johnson: it would be travesty not to have second Brexit vote
Author: 0 Jo Johnson: it would be travesty not to have second Brexit vote

Britain's junior Brexit minister told a German media outlet he was optimistic that Britain and the European Union would reach a Brexit deal soon, adding that he hoped this would happen in the next three weeks. He said it would be a democratic travesty not to go back to the people for another vote. " Theresa May is in office, but not in power". "Here is a young politician with everything to gain from staying inside the Government, pursuing his distinguished career, keeping his head down ...

Economy Bombardier cutting about 5,000 jobs as part of restructuring plan
Author: 0 Bombardier cutting about 5,000 jobs as part of restructuring plan

The Wichita site - which assembles Learjets, performs flight testing of all the company's aircraft and also repairs and maintains Bombardier's full line of business jets - employs about 1,600 people. In a conference call with investors this morning, John Di Bert , the chief financial officer of Bombardier said that the announced actions were created to show that the company's focus was on efforts to grow earning and cashflows saying: "We continue taking concrete actions to reshape ...

Economy Flight attendant breastfeeds passenger’s crying baby
Author: 0 Flight attendant breastfeeds passenger’s crying baby

Organo, who has a almost six-month-old daughter, said her line administrator led the passenger to the galley where she then breastfed the woman's baby until she fell asleep. On November 6, she was scheduled to undergo a "check flight" to be able to qualify as Evaluator, which is one of the duties of an Assistant Line Administrator.

Economy Bitcoin Cash Fork Race
Author: 0 Bitcoin Cash Fork Race

Bitcoin Cash at present has a market cap of $10,616,649,020 and its 24hr volume is approximately $860,457,228. In order to keep our readers informed of the impending fork, news.Bitcoin.com has compiled a comprehensive list of exchanges , payment platforms, and wallet providers who have publicly detailed their business plans for the upcoming fork.

Economy No Proposal From Government Seeking RBI's Surplus Reserves: Top Official
Author: 0 No Proposal From Government Seeking RBI's Surplus Reserves: Top Official

The government also wants the RBI to be lenient with capital adequacy norms, the official said, adding those norms for lenders are very stringent compared with global standards . Kolkata: Senior Congress leader P Chidambaram on Thursday accused the Narendra Modi government of trying to capture the Reserve Bank of India (RBI) to tide over its fiscal crisis, warning that any such move would be catastrophic.

Economy Ryanair plane impounded in France in row over illegal subsidies
Author: 0 Ryanair plane impounded in France in row over illegal subsidies

It was not immediately clear how much money French authorities were trying to reclaim from Ryanair. "It is unfortunate that the state had to take such action, which led to the inevitable inconvenience of the 149 passengers on board the immobilised plane", the statement continued.

Economy Big retailers gear up for Black Friday
Author: 0 Big retailers gear up for Black Friday

Free coffee and Christmas cookies will be available to the fearless souls who show up - though most of Walmart's Black Friday deals will come online the evening before, at 10 p.m. The hot deals include deals on televisions and toys. Usually, it goes relatively quickly, within the first hour to two hours the majority of it goes.

Economy Pelosi Unveils Plans to Establish New House Diversity Office
Author: 0 Pelosi Unveils Plans to Establish New House Diversity Office

But Trump is not most presidents, and after making a gesture of decency, praising would-be House speaker Nancy Pelosi , he reverted back to his combative and confrontational mode in a freakish press conference in which he threatened to adopt a "warlike posture" against Democrats if they used their newfound power at the House to investigate his financial and political dealings.