Money


Brooklyn Truck Driver Wins $298.3 Million Powerball Jackpot: ‘I Can’t Even Eat’ Brooklyn Truck Driver Wins $298.3 Million Powerball Jackpot: ‘I Can’t Even Eat’
- January 28, 2019

His winning ticket was purchased on Boxing Day. Johnson said he did not realize he had won until a co-worker mentioned the victor came from the gas station across the street from where they worked, according to the state Lottery Department. (more...)
The Matador & the Bull: Pelosi Outplays Trump in Ending Gov’t Shutdown The Matador & the Bull: Pelosi Outplays Trump in Ending Gov’t Shutdown
- January 28, 2019

The president would secure the U.S. border with Mexico "with or without Congress ", acting White House chief of staff Mick Mulvaney said, as negotiations over Trump's long-sought border wall began anew. Trump says more border walls are needed to stop what he says are crisis levels of criminals and illegal immigration. " "The announcement today is consistent with the letter that a group of Republicans and Democrats agreed on last week that outlined a process for reopening the government in ... (more...)
Draghi comments at European Central Bank press conference Draghi comments at European Central Bank press conference
- January 27, 2019

Analysts expect Draghi to reiterate Thursday that the bank will keep interest rates low "at least through the summer of 2019" and that reinvestment of the bank's massive stock of bonds will continue to prop up financing conditions for governments, firms and households. (more...)
Bob Dylan Provides Soundtrack for Budweiser Super Bowl Ad Bob Dylan Provides Soundtrack for Budweiser Super Bowl Ad
- January 27, 2019

Anheuser-Busch makes and sells Budweiser, an American-style pale lager. But Budweiser knows how it can help the environment, so using wind power to brew the beer is a great way to spread the word about climate change. The camera zooms out as Dylan sings the opening lines of " Blowin' in the Wind ", eventually showing a sun-dappled field of rippling wheat above which wind turbines are spinning. (more...)
USA record of $238 million paid for Manhattan apartment USA record of $238 million paid for Manhattan apartment
- January 27, 2019

Stern and developed by Vornado Realty Trust . His new Manhattan penthouse is a huge 23,000-square-foot residence that encompasses "floors 50 through 53 at 220 Central Park South , a skyscraper designed by Robert A.M. The price paid for the NY condo eclipses the prior record for a US residential purchase, set by another hedge fund billionaire, Barry Rosenstein, for a home in East Hampton, on New York's Long Island in 2014. (more...)
Global slowdown worries keep oil prices under pressure Global slowdown worries keep oil prices under pressure
- January 27, 2019

Brent crude oil futures were at $61.45 a barrel at 1450 GMT, up 36 cents, or 0.59 percent. Capital raising by USA oil exploration and production companies has fallen sharply since crude prices started falling last October. Traders said the United States may need to sell oil from the U.S. Strategic Petroleum Reserve to cover supply shortfalls as additional shipments are secured via Canada or Mexico. (more...)
Chipmakers, airlines lift Nasdaq; trade worries stall S&P, Dow Chipmakers, airlines lift Nasdaq; trade worries stall S&P, Dow
- January 27, 2019

It seems the USA and China trade deal maybe further away than investors had hoped. Uncertainty persisted in Washington, where no end to the longest-ever federal government shutdown appeared to be in sight. The Dow Jones Industrial Average fell 81.35 points, or 0.33 percent, to 24,494.27, the S&P 500 lost 3.91 points, or 0.15 percent, to 2,634.79 and the Nasdaq Composite added 27.79 points, or 0.4 percent, to 7,053.56. (more...)
Whole Foods Recall: Spinach, Mesclun Recalled For Possible Salmonella Contamination Whole Foods Recall: Spinach, Mesclun Recalled For Possible Salmonella Contamination
- January 27, 2019

Consumers who bought the potentially tainted spinach should return it to the store you bought it from. The lot numbers for the recalled products are as follows: Spinach Lot #18494, Spinach Lot #18513 and Mesclun Lot #18520. Customers who purchased these products can bring a valid receipt into stores for a full refund. The product is packed in sealed poly bags and the affected lot numbers are: Spinach Lot #18494, Spinach Lot #18513 and Mesclun Lot #18520, according to the FDA. (more...)
At UN, Pompeo asks countries to 'pick a side' on Venezuela At UN, Pompeo asks countries to 'pick a side' on Venezuela
- January 27, 2019

Guaido declared himself interim president on Wednesday. "As the Venezuelan defense attache in the United States, I do not recognize Mr. Nicolas Maduro as president of Venezuela", Silva told the Spanish-language, Miami-based newspaper El Nuevo Herald . (more...)
Brazil dam collapses, killing ‘several’ people Brazil dam collapses, killing ‘several’ people
- January 27, 2019

Rescue officials announced the death toll had more than tripled through the day as more and more bodies were pulled from the mud. An aerial view shows flooding triggered by a dam collapse near Brumadinho , Brazil , Friday, Jan. There is still no confirmation as to the cause of the accident. A state judge ordered Vale to freeze 1 billion reais ($350 million Cdn) in its accounts, to be held against damages caused by the dam rupture. (more...)
Honda has announced a new electric hatchback Honda has announced a new electric hatchback
- January 27, 2019

Honda's United Kingdom boss Dave Hodgetts recently told Autocar that the electric hatch would be positioned as a premium model, given that batteries are still very expensive compared to internal combustion engines. Visually, we expect the production version not to differ much from the Urban EV concept . No details of the production model have been revealed but the brand said it's been developed with a focus on functionality and goal. (more...)
Homeowner equipment caused California wine country fire Homeowner equipment caused California wine country fire
- January 27, 2019

The news is a vindication for PG&E, which has maintained that it was not at fault for the Tubbs Fire. In October 2017, the Tubbs fire swept through parts of Napa, Sonoma and Lake counties, becoming what was, at the time, the most destructive wildfire in California history . (more...)
BA-owner IAG says it won't make a bid for Norwegian BA-owner IAG says it won't make a bid for Norwegian
- January 27, 2019

In addition to British Airways, IAG also owns Iberia, Vueling and Aer Lingus. Norwegian had been in IAG's. Norwegian announced last year that it was pulling out of Belfast International Airport after less than a year of flights to airports serving NY and Boston. (more...)
What a Venezuelan Oil Embargo Could Mean for US What a Venezuelan Oil Embargo Could Mean for US
- January 26, 2019

U.S. West Texas Intermediate ( WTI ) crude futures were at 53.34 dollars per barrel, up 21 cents, or 0.4 per cent. At one point earlier on Friday, the global benchmark crude rose as high as $61.92 a barrel. Since the US imposed financial sanctions against Venezuela and PDVSA in 2017, Royal Dutch shell Plc and Philips 66 haven't processed Venezuelan crude. (more...)
Mark Zuckerberg killed goat and served it to Twitter boss Jack Dorsey Mark Zuckerberg killed goat and served it to Twitter boss Jack Dorsey
- January 26, 2019

Asked about his "most memorable encounter" with the Facebook founder, he said that Zuckerberg killed a goat for him for dinner during the year when he pledged to eat what he was killing. 'I think many people forget that a living being has to die for you to eat meat, so my goal revolves around not letting myself forget that and being thankful for what I have, ' Zuckerberg told Fortune at the time. (more...)
What The Withdrawal Of CBOE Bitcoin ETF Means For Bitcoin Prices What The Withdrawal Of CBOE Bitcoin ETF Means For Bitcoin Prices
- January 26, 2019

The SEC had a deadline to give its decision on this particular application by February 27. The Cboe are aiming to re-submit the application after the US Government shutdown is over. The Chief Executive Officer of VanEck - Jan van Eck - told CNBC that: "The shutdown affected the U.S SEC , we were engaged in discussions with the SEC regarding Bitcoin-related issues, market manipulation, prices, custody, and that had to stop". (more...)
Unemployment rate falls as part-time work spikes Unemployment rate falls as part-time work spikes
- January 26, 2019

The largest gains in employment occurred in Queensland, Victoria and New South Wales, increasing by 11,600, 10,500 and 3,800 from a month earlier. And as the labour force survey released this week by the Office for National Statistics for Sept-Nov 2018 showed, there are now a record 32.53 million people in employment in the United Kingdom (or 75.8 per cent of the workforce), with an additional 328,000 more individuals in work than a year earlier. (more...)
Facebook tricked kids to rake in money from online games, says report Facebook tricked kids to rake in money from online games, says report
- January 26, 2019

CBS News reports that just-released documents from a 2012 lawsuit show that Facebook was aware of the problem of kids making purchases through its games and apps without their parents' consent. One 15-year-old spent $6,500 (£4,950) in two weeks. But the company didn't adopt them for fear of undercutting the revenue growth that helps boost the company's stock price - and its employees' compensation. (more...)
Terrifying Tweets From Air Travelers On Day 35 Of Government Shutdown Terrifying Tweets From Air Travelers On Day 35 Of Government Shutdown
- January 26, 2019

So, while as many as ten percent of TSA agents have called out of work, a majority of them are still showing up, albeit with very little motivation to complete the full security checks. "We receive a lot of verbal comments and feedback from our passengers thanking us for being at work and for keeping them safe while they travel", explained Shaver. (more...)
Brexit: People's Vote drops plan to put referendum to Commons vote Brexit: People's Vote drops plan to put referendum to Commons vote
- January 26, 2019

He also suggested that it could not be taken for granted that Labour would endorse another cross-party amendment by former Labour minister Yvette Cooper and Tory Nick Boles that seeks an extension to the Article 50 period beyond March 29. Berger said the decision not to table a second referendum amendment was down to lack of support from her party leader. Nandy said: "Without a clear reason, people will understandably think we're just kicking this into the long grass and the ongoing chaos is ... (more...)

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