Business

Business This tiny minimart sold the Mega Millions ticket worth $425 million
Author: 0 This tiny minimart sold the Mega Millions ticket worth $425 million

The ticket was sold in Long Island. The New Year's Day Mega Millions jackpot is the eighth largest in its history. Three people in NY, as well as one person each in Texas, Ohio and SC, all won $1 million apiece. It was sold with the $1 million Megaplier option, which increased the prize from $1 million to $4 million because the multiplier drawn was four. Jackpot winners choose whether to receive 30 annual payments, each five percent higher than the last, or a lump-sum payment.

Business Six hurt in airbridge collapse at United States airport
Author: 0 Six hurt in airbridge collapse at United States airport

Four medics, two Southwest airline employees and the sick passenger all fell to the ground and were treated for injuries, according to the FAA. "According to preliminary data, six people were taken to a local hospital, their injuries not threatening to life", - quotes the message Корреспондент.net.

Business Temporary reprieve for Sears as chairman submits bid to buy retailer
Author: 0 Temporary reprieve for Sears as chairman submits bid to buy retailer

Liquidation sales at the Kmart and Sears stores are expected to begin by mid-January, the company reported. Sears Holdings filed for bankruptcy protection on October 15. As originally outlined, his plan would be partly funded by swapping the debt he holds for full ownership of the company. Sears told the bankruptcy court it has interest from multiple parties.

Business Fake Alexa setup app is in App Store, ranked #6 in Utility
Author: 0 Fake Alexa setup app is in App Store, ranked #6 in Utility

In the USA alone, more than one billion items shipped for free this holiday with Prime - millions of unique items shipped with Prime Free Same-Day, Prime Free One-Day or Free two-hour delivery with Prime Now. After projecting that their operating income to be stagnant to growing minimally as compared to past year, their stock plunged a shocking ten percent once Amazon reported their third-quarter earnings.

Business Markets Right Now: US stocks open lower as sellers return
Author: 0 Markets Right Now: US stocks open lower as sellers return

Stocks are wavering between small gains and losses in midday trading Friday as the market continues to churn amid the volatile trading that has gripped the market throughout December. Technology companies, a big driver of the market's gains before the October downturn, slumped Thursday. The Standard & Poor's 500 rose 0.9 per cent to 2,488.83 after being down 2.8 per cent at midday.

Business Wall Street selloff worsens on Mnuchin move, Washington drama
Author: 0 Wall Street selloff worsens on Mnuchin move, Washington drama

The Treasury secretary left Washington for a Christmas holiday in Mexico's Cabo San Lucas as the federal government shut down over the weekend, while Trump canceled his own planned trip to his Mar-a-Lago resort in Florida and remained cooped up in the White House over the holiday, absorbing a flood of negative news about the markets.

Business Sears to close 80 more stores as deadline looms today
Author: 0 Sears to close 80 more stores as deadline looms today

The Sears at the Fox River Mall in Grand Chute is one of the stores that will close. As part of the closings, the accompanying Sears Auto Centers at the Sears stores slated for closure will also shut down. Instead, he wants to forgive about $1.8 billion of the debt he holds from Sears. "This is in addition to the previously announced closure of 40 unprofitable stores expected to be completed in February 2019".

Business Is Dunkin’ open on Christmas Day 2018?
Author: 0 Is Dunkin’ open on Christmas Day 2018?

Open until 6 p.m. Christmas Eve , Closed Christmas Day . On New Year's Eve , it closes at 6 p.m. and remains closed on New Year's Day . An impressive feat for the thousands hitting the stores in the final hours before Christmas Day .

Business US Markets Drop in Their Worst Day of Christmas Eve Trading Ever
Author: 0 US Markets Drop in Their Worst Day of Christmas Eve Trading Ever

Very smart person", he said. However a source told Bloomberg that Mnuchin had done so without the advice of POTUS. They added: 'Mnuchin is under the gun'. "The Fed is like a powerful golfer who can't score because he has no touch - he can't putt!", Trump wrote on his Twitter page. Wednesday's trading could mark the end of the longest so-called bull run in Wall Street history.

Business Late surge in trading as shoppers head out on Christmas Eve
Author: 0 Late surge in trading as shoppers head out on Christmas Eve

Central Market: Christmas Eve: Open 7 a.m.to 8 p.m. Hours before Christmas, with Santa already busy making deliveries, plenty of last-minute shoppers hit the stores on Christmas Eve Monday, Dec. Las Vegas South Premium Outlets: Open until 6 p.m. Christmas Eve and Christmas Day . On New Year's Eve Lidl stores will open at 8am and close at 6pm and the shops will then close for New Year's Day .

Business Vladimir Putin says United States presence in Japan complicates signing of peace treaty
Author: 0 Vladimir Putin says United States presence in Japan complicates signing of peace treaty

If these missiles appear in Europe what should we do? Peskov was asked to comment on Russian President Vladimir Putin's statement about the possibility of a nuclear war following the U.S. Trump said the US has won against the terrorist group. We know how to do it. Signed in Washington, D.C.by President Ronald Reagan and General Secretary Mikhail Gorbachev on December 8, 1987, the treaty was ratified by the United States Senate on May 27, 1988 and came into force on June 1, 1988.

Business United States stocks end higher; all eyes on Fed
Author: 0 United States stocks end higher; all eyes on Fed

The S&P 600 closed at 859.50 for a gain of 1.92 points or 0.22%. Benchmark 10-year notes last rose 6/32 in price to yield 2.8354 percent, from 2.857 percent late on Monday. Still, investors remain cautious a deal will be done by the March 1 deadline even as China's openness to cutting tariffs on USA cars and buying soybeans is feeding optimism that the dispute will be resolved.

Business Facebook let Netflix, Spotify read your private messages
Author: 0 Facebook let Netflix, Spotify read your private messages

Examples given include Bing, which could see the names of "virtually all" Facebook users' friends; Netflix and Spotify , which the paper claimed could "read" users' private messages; and Amazon , which gained users' names and contact details through their friends.

Business Man makes trapped box to combat porch pirates
Author: 0 Man makes trapped box to combat porch pirates

That someone according to Boing Boing is former NASA-JPL engineer/current science YouTube star Mark Rober and "he ain't playing nice". Rober documented the process on his YouTube channel in a video sponsored by private network service provider company NordVPN.

Business Trump takes aim at Federal Reserve over interest rate hike
Author: 0 Trump takes aim at Federal Reserve over interest rate hike

In a speech last month, Powell spoke of the current range of the Fed's benchmark rate - 2 percent to 2.25 percent - as "just below" neutral. For his part, Powell, who was appointed by Trump, has avoided answering the President and has held that the good economic times the country is enjoying, with an unemployment rate of 3.7 percent, the lowest in nearly half a century, and inflation close to the annual goal of 2 percent, recommend a progressive hike in interest rates.

Business Local politicians react to Farm Bill
Author: 0 Local politicians react to Farm Bill

The Farm Bill comes after months of bipartisan discussions to draft a final version of the legislation. The final bill sailed through the House and Senate on Thursday by unanimous consent. The fast-food chain said it will begin monitoring the use of antibiotics in the USA and nine other nations that supply most of its beef. "I think everyone wants to do it right and not rush into it".

Author: 0 Johnson & Johnson knew about asbestos in its baby powder for decades, report

Johnson & Johnson, facing potential liability in the billions of dollars in claims its talcum powder causes cancer, may have known about the health risks of the product for decades, according to Reuters . While most people exposed never develop cancer; for some, even small amounts of asbestos are enough to trigger the disease years later. Reuters report also states that J&J denied the claim.

Business Canada granted consular access to ex-diplomat held by China
Author: 0 Canada granted consular access to ex-diplomat held by China

China's spy agency has also detained two Canadians in the past week, which some view as retaliation for Meng's arrests, although China has deflected questions about any links. "Washington naturally assumes the compulsory measures Beijing has taken are politically motivated - an expedient move on Beijing's part to retaliate against Ottawa - since that is how [Washington] operates", the editorial said.

Business OPEC and Russian Federation agreed to output cut, despite USA pressure
Author: 0 OPEC and Russian Federation agreed to output cut, despite USA pressure

West Texas Intermediate for January delivery was at $51.12 a barrel on the New York Mercantile Exchange, up 12 cents, at 1:02 p.m.in Singapore. "Production's exceeding of the consumption in the market and predictions about the decline in the world economy for the next year determined the fall in oil prices".

Business Grilled on Hill, Google chief Pichai denies firm censors conservatives
Author: 0 Grilled on Hill, Google chief Pichai denies firm censors conservatives

In 2010, Google withdrew its censored search service out of China in response to the Chinese government's free speech limits. "How does search work so that that would occur?" she asked . Mr Pichai's no-show at that hearing was marked by an empty chair for Google alongside the Facebook and Twitter executives who did appear.

Business Canada judge orders Huawei exec released on bail
Author: 0 Canada judge orders Huawei exec released on bail

She was granted bail on Tuesday but faces extradition to the US over allegations the company she leads as CFO has been skirting American sanctions on Iran through a subsidiary. Trump's remarks appeared to undercut other officials in his administration who contended that Meng's arrest - which came the same day he and Xi announced plans to break the trade impasse - was unconnected to the broader negotiations.

Business No Confidence Vote In Theresa May Triggered By Tory MPs
Author: 0 No Confidence Vote In Theresa May Triggered By Tory MPs

How does the confidence vote work? The last batch came in after May delayed Tuesday's vote on the Brexit deal, a move that sparked outrage among MPs of all the political parties. Mrs May's supporters cheered wildly at the initial announcement that the Conservative Party's MPs did have confidence in their prime minister. She will remain as Prime Minister until a new leader is appointed, which could take up to six weeks and draw close to January 21; the day when her Brexit deal must ...

Business Conservative Lawmakers Begin Theresa May Confidence Vote
Author: 0 Conservative Lawmakers Begin Theresa May Confidence Vote

If Mrs May loses the vote of her MPs, she will remain as a caretaker prime minister while her party chooses a successor, who will become both party leader and Britain's new prime minister. In her speech following Brady's announcement, May also said a change of leader would wreak havoc on Britain's exit from the EU. May remains prime minister and party leader until a replacement is chosen.

Business China Warns Of 'Grave Consequences' Over Arrest Of Huawei Executive
Author: 0 China Warns Of 'Grave Consequences' Over Arrest Of Huawei Executive

Ms. Meng , the daughter of Huawei's founder, was detained December 1 during a layover at Vancouver International Airport at the request of the USA on suspicion of violating US sanctions against trading with Iran. A judge in the US District Court for the Eastern District of NY issued a warrant for Meng's arrest on August 22, it was revealed at the hearing Friday.

Business Winter Storm Impacts Charlotte
Author: 0 Winter Storm Impacts Charlotte

As many as 383,341 people were without power in the South East including 246,524 outages in North Carolina and 99,571 in SC, according to Power Outage.US. Crews in SC have dumped 156,000 gallons of brine on roads in the western part of the state to keep ice from building up as long as possible. For Floridians heading to the Carolinas , you might have trouble leaving Central Florida on Monday as 10 flights have been canceled , a lot of them were heading to Charlotte, N.C.

Business London share prices PLUMMET amid US-China trade war fears — FTSE latest
Author: 0 London share prices PLUMMET amid US-China trade war fears — FTSE latest

If the two had failed to reach an agreement, the US would've seen $200 billion worth of Chinese goods have their tariffs increase from 10% to 25% at the beginning of 2019. Yet Kudlow said later that there was no "specific agreement" regarding auto trade, though he added, "We expect those tariffs to go to zero". Almost all the cars they sell in China are made there.

Business French govt. could consider bringing back wealth tax
Author: 0 French govt. could consider bringing back wealth tax

France remains on edge after the "yellow vest " protests degenerated into some of the worst violence in decades in central Paris last Saturday. In all, four people have been killed and hundreds injured in clashes or accidents stemming from the protests.

Business OPEC members expected to agree cut in crude production
Author: 0 OPEC members expected to agree cut in crude production

Brent oil futures fell as much as 5 percent to below $59 per barrel on fears that there could be no deal but later recovered somewhat, trading down 2 percent by 1325 GMT. Trump has continued to support the kingdom despite worldwide outrage over the murder but he is at the same time keeping up the pressure for lower prices.

Business USMCA takes significant step for trade
Author: 0 USMCA takes significant step for trade

Set to replace the previous North American Free Trade Agreement ( NAFTA ), which US President Trump was not in favour of, the USMCA deal involves over US$1tn of trade, including meat and poultry products. Trucks move almost $385 billion in goods between the USA and Mexico, and $336 billion in trade between the US and Canada. House Minority Leader Nancy Pelosi and Senate Minority Leader Chuck Schumer both made clear on Friday that the trade agreement will need protections for workers and the ...

Business Trump Meets Chinese Leader to Discuss Trade War
Author: 0 Trump Meets Chinese Leader to Discuss Trade War

The agreement keeps those tariffs at 10 percent for at least the next 90 days while the countries negotiate further. "The two presidents agreed that the two sides can and must get bilateral relations right", Wang told reporters, adding they agreed to further exchanges at appropriate times.

Business Fed emphasises flexible policy path after likely December hike
Author: 0 Fed emphasises flexible policy path after likely December hike

Claiming that benchmark lending rates were "just below" a range of estimates for "neutral", that is, neither stimulating nor slowing growth, Powell sent a signal that markets took to mean the Fed might ease off on raising rates in 2019. Powell "gave the market, and presumably President Trump, exactly what he wanted, which was an admission that the previously proposed path of future rate hikes was probably too aggressive and opening to slowing the rate of hikes", said Oliver Pursche, vice ...

Business Trump Slams GM: Plants Close as Economy Grows
Author: 0 Trump Slams GM: Plants Close as Economy Grows

Brown responded to the president's comments on Twitter, saying he would "compare my record standing up for OH and American workers to yours any day". Many of those cuts are coming from the Midwest, where he has promised a manufacturing rebirth.

Business Petrol prices in India slide further as crude gets into $50 range
Author: 0 Petrol prices in India slide further as crude gets into $50 range

The West Texas Intermediate futures dropped by 2.5% in trading in NY after the report by the US Energy Information Administration that revealed that American oil supplies had gone up for the 10th week in a row. The WTI's 14-day Relative Strength Index is still in oversold territory. Brent for January settlement, which expires Friday, fell as much as 2.1% to $57.50 a barrel on London's ICE Futures Europe exchange.

Business Oshawa GM plant to close, sources say
Author: 0 Oshawa GM plant to close, sources say

Ford added: "To say we're disappointed is an understatement". "We have some of our most competitive parts plants in the world in Ontario.we have a very good workforce, we have very good equipment, and the latest in manufacturing". "We did not bail General Motors out so we could watch them hoard profits, shut down plants and devastate communities and take advantage of low wage workers in Mexico or wherever they see", said GM-UAW Vice President Terry Dittes in a video statement to members .

Business Trump issues $267bn tariff threat to China ahead of trade talks
Author: 0 Trump issues $267bn tariff threat to China ahead of trade talks

The US president also said that it is " highly unlikely " that Washington would delay a scheduled January tariff increase unless another trade deal is agreed upon. "Combined with last week's harsh report from the USA trade representative, investors have only the flimsiest hope that the Trump-Xi meeting in Argentina will amount to more than a hill of soybeans".

Business GM to close factories in Michigan, Ohio, Canada
Author: 0 GM to close factories in Michigan, Ohio, Canada

General Motors Chairman and CEO Mary Barra speaks at GM's press conference at the North American International Auto Show in Detroit, Jan. 16, 2018. Rivals Ford Motor Co and Fiat Chrysler Automobiles NV have both curtailed United States auto production.

Business Politicians promise help for GM workers; stress that saving plant hopeless
Author: 0 Politicians promise help for GM workers; stress that saving plant hopeless

The company has marked a sedan plant in Detroit , a compact vehicle plant in OH, and another assembly plant outside Toronto for possible closure. At a rally near the plant last summer, Trump talked about passing by big factories whose jobs "have left OH", then told people not to sell their homes because the jobs are "coming back".

Business Latest climate change report predicts dire times for economy, environment
Author: 0 Latest climate change report predicts dire times for economy, environment

The National Climate Assessment, totaling more than 1,000 pages, warned of more powerful and longer weather disasters triggered at least, in part, by global warming. The officials said the content of the report was free from interference, but declined to directly answer several questions about whether the White House ordered the report to be released on Black Friday , a day when many Americans are disconnected with the news.

Business Holiday shopping: List of department stores open on Thanksgiving Day
Author: 0 Holiday shopping: List of department stores open on Thanksgiving Day

Getting scammed: Beware of deals that seem too good to be true on social media - as well as unsolicited emails. While the mall may be partially closed until 6 p.m. Another Northeast staple, ShopRite is typically open at 6 a.m. until 11 p.m. 7 a.m.to 10 p.m. Kroger is open from 6 a.m.to 5 p.m. on Thanksgiving Day, and will reopen at 6 a.m.

Business Pound jumps after UK and EU agree draft text on future relationship
Author: 0 Pound jumps after UK and EU agree draft text on future relationship

So a single state like Spain can not block it. "She said that the United Kingdom and government of Gibraltar looked forward to these discussions continuing as we discuss the future relationship". There isn't a majority in the House of Commons for that to take place". The country will not agree to the draft deal until that is clarified, he said following a meeting with European Union ministers.

Business Restaurants and grocery stores across Chicago pull romaine lettuce amid CDC alert
Author: 0 Restaurants and grocery stores across Chicago pull romaine lettuce amid CDC alert

After 15 minutes, the pad displays one red line to show it worked properly - and a second if the sample contains E. coli O157. Do not eat romaine lettuce , any of it, from anywhere or in anything. "I think that the issue isn't that there's more unsafe food", Gottlieb said. It is also suggested that areas where the lettuce was stored be washed and sanitized.

Business Arrest Of Nissan's Ghosn in Financial Probe Stuns Japan
Author: 0 Arrest Of Nissan's Ghosn in Financial Probe Stuns Japan

Nissan said Ghosn's wrongdoing and Kelly's "deep involvement" were uncovered by an internal investigation conducted over the past several months following a whistleblower report. From 2010, Japanese firms have been required to disclose the salaries of executives who earn more than 100m yen. The manager, who declined to be identified as he was not permitted to speak to the media, said he was also anxious Ghosn's departure could hit sales as fans of the charismatic leader abandon the company ...

Business Crude oil prices test recent lows at start of holiday-shortened week
Author: 0 Crude oil prices test recent lows at start of holiday-shortened week

Brent crude in London fell by $0.46 and the price of WTI in NY fell $0,29. How likely is an OPEC+ production cut? While trade tensions between China and America weaken the outlook for demand, Saudi Arabia's oil policies aim to preserve market stability, the nation's king said during his first major public speech since the murder of prominent journalist Jamal Khashoggi.

Business Pence: U.S. Won't Budge to Avoid Cold War With China
Author: 0 Pence: U.S. Won't Budge to Avoid Cold War With China

Trade tensions have escalated between Beijing and Washington this year as Trump has slapped $250 billion of Chinese products with new tariffs. " Then so be it ", Pence said. Woodward told Radio Sputnik's Loud & Clear on Wednesday that Pence's latest remarks hinting at a cold war between Beijing and Washington are a continuation of a stream of rhetoric previously voiced by the vice president.

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