Markets

by | October 17, 2018 | 17:02

The last victor for the top Mega Millions prize was on July 24, when a group of California office workers won the $543 million jackpot. The estimated cash value, if you're lucky enough to match all six numbers, is $380 million. The largest jackpot belongs to the 2016 Powerball jackpot of $1.586 billion. But cheer up! There are often secondary prizes to these huge drawings that can be worth millions of dollars, and a shocking amount of them go unclaimed - probably because people get too ...

by | October 17, 2018 | 16:57

Khashoggi, a Washington Post contributor and Saudi citizen residing in the United States, vanished on October 2 after visiting the building to obtain official documents. In an interview with "60 Minutes" airing Sunday, US President Donald Trump pledged "severe punishment" if the US concludes that Saudi agents killed Khashoggi, a US resident, and said that the incident is being investigated.

by | October 16, 2018 | 04:36

Storch pointed to USA department store chain J.C. Penney (JCP.N), saying that Sears' bankruptcy is not good news for its competitor. A reorganization will keep rental income flowing but some locations are so valuable that outside investors could gain control of a site in an auction and not the REITs who are now Sears' landlords, Rothman said.

by | October 16, 2018 | 04:32

In an excerpt from an interview with CBS's 60 Minutes , Trump added pressure on the kingdom, vowing " severe punishment " should the kingdom's leaders be linked to the disappearance of Washington Post columnist Jamal Khashoggi . The search came after Turkish President Recep Tayyip Erdogan and King Salman also had their first telephone talks since the controversy erupted, in what appeared to be a conciliatory conversation according to official readouts.

by | October 15, 2018 | 17:30

Yes. The company says Sears Home Services is operating as usual. The bankruptcy loan amount is unlikely to significantly exceed $400 million, though it could end up being less, the sources said. In either scenario, Sears would probably jettison its pension obligations, with the government's Pension Benefit Guaranty Corporation taking over the liabilities.

by | October 14, 2018 | 08:27

The jackpot soared all the way to $654 million. A lucky player could soon overcome remarkably bad odds to win the ninth-largest lottery jackpot in USA history. The payout was $309.2 million as the cash option. The last victor to take home a Mega Millions jackpot above $500 million was a group of 11 coworkers on a ticket sold in California in July.

by | October 14, 2018 | 07:46

Following the SEC's ruling it was said that two independent replacements would be appointed in the chair roles. Son of media mogul Rupert Murdoch , James Murdoch is now serving as CEO for 21st Century Fox , although he set to depart from that role when the company transfers to Disney ownership.

by | October 12, 2018 | 00:31

Citing the impact of US taxes on Chinese imports, however, the International Monetary Fund shaved the outlook for China next year to 6.2 percent, which would be the country's slowest growth since 1990. He said that without free trade, there would be no hope of helping millions of people escape dire poverty. Steps by the Chinese to ease some regulations could boost the economy in the near-term, but "may entail greater risks to financial stability over the medium term", the report said.

by | October 11, 2018 | 22:58

The Times adds that "media reports have cited Turkish investigators as saying they believe he was killed soon after entering the building and his corpse cut to pieces and disposed of by an elite Saudi security team". A former U.S. intelligence official said the details in the intercepts do not indicate any intention to harm Khashoggi. "It's a very serious situation for us and this White House ", Trump said.

by | October 11, 2018 | 22:57

The worldwide organisation downgraded its predictions for global growth this week, and is now forecasting 3.7 percent global growth in both 2018 and 2019. Some energy-rich emerging market countries have fared better due to higher oil prices, with Saudi Arabia and Russian Federation seeing forecast upgrades.

by | October 08, 2018 | 20:59

You're simply doing it because the message tells you to. The messages begin with "Hi...." Then it tells you to "hold your finger on the message until the forward button appears...then hit forward...." If you're on Facebook , you might have noticed that some of your friends and family have posted scripted messages about accounts being cloned, and not to trust duplicate friend requests if you receive one.

by | October 07, 2018 | 13:58

Dancing onto the stage to the tune of Swedish pop group ABBA's hit " Dancing Queen ", May mocked herself, jokingly saying if she lost her voice it was because she had been up half of the night super gluing the stage set. Wednesday's speech was considerably smoother. Inside, the paper spoke of how Mr Johnson "plunged the knife in", and a leader column said that while the speech "pressed all the right buttons", its content was "deeply disloyal to the Prime Minister and profoundly unrealistic".

by | October 06, 2018 | 12:26

Diesel prices in Chennai increased by 22 paise to Rs 79.79 a litre and by 20 paise to Rs 77.30 per litre in Kolkata. The state and and Centre's decision collectively resulted in a drop in petrol prices by around Rs 4.37/litre, against the promised Rs 5/litre, from 6 a.m.

by | October 03, 2018 | 02:29

Aside from the wage hike, Amazon still offers a variety of other benefits that are rarely found at minimum wage jobs. Chukumba estimates that the wage increase will cost Amazon an incremental $900 million to $1.8 billion a year, or less than 0.7% of the company's 2019 estimated sales of $287 billion.

by | October 03, 2018 | 01:41

The Securities and Exchange Commission asks Musk to remain the CEO of Tesla but only if he steps down from the position of Chairman for three years . They also hoped the settlement would cap several months of volatility around Tesla's shares driven by a series of tweets and public pronouncements by Mr Musk.

by | October 02, 2018 | 02:17

The company says it has fixed the bugs. It's not clear whether this has actually occurred - when asked, a Facebook exec said only that the company was early in its investigation - but the possibility may force the other companies to undertake their own investigations into the issue.

by | October 02, 2018 | 02:07

The company has recruited two renowned turnaround experts to replace Mr Flannery. Wall Street, for today at least, agreed - GE shares rose more than 10 percent Monday. That will leave it focused on areas such as jet engines, power plants and renewable energy. Larry Culp, a GE board member who ran U.S. manufacturer Danaher for more than a decade, is to replace GE veteran John Flannery, effective immediately.

by | September 28, 2018 | 01:09

Officials in the Prime Minister's Office disputed the president's statement - insisting for the second time this week that they did not request a meeting and declining further comment. President Donald Trump's administration will nearly certainly fail to meet this weekend's deadline for including Canada in a new North American trade agreement, The Washington Post reports.

by | September 27, 2018 | 11:12

Canadian officials said they do not believe Trump can rework NAFTA into a bilateral deal without the approval of Congress. I must be honest with you, we're not getting along at all with their negotiators. In a direct attack on NAFTA itself, President Trump added: "I don't like NAFTA". Canadian Prime Minister, Justin Trudeau, speaks during a news conference at U.N.

by | September 27, 2018 | 00:01

The JMMC directed the JTC to continue to monitor the oil market conditions and conformity levels in its efforts to achieve 100% conformity in 2018. This comes after the US Congress has reconsidered legislation aimed at preventing OPEC from manipulating oil prices.