Finance

Finance After three weeks, still no claim for $1.5B Mega Millions jackpot
Author: 0 After three weeks, still no claim for $1.5B Mega Millions jackpot

The winning ticket , which had the correct combination for the $1.586 billion jackpot, was sold at KC Mart in Simpsonville, South Carolina , where stores receive 1 percent of the value of a winning ticket for any prize over $10,000. The winner's time runs out on April 21. The South Carolina Education Lottery advises the victor to place the ticket in a safe location and speak with a trusted financial adviser.

Finance World Business Report, Menthol cigarettes could be banned
Author: 0 World Business Report, Menthol cigarettes could be banned

BAT owns Newport, the leading menthol brand in the USA, and sales of the mint-flavoured products there are estimated to bring in a quarter of the company's revenues, according to analysts at Morgan Stanley. Imperial will continue to engage with the FDA about menthol cigarettes, but will not comment further until there's a formal update from the agency, spokesman Simon Evans said by email.

Finance Oil rout runs to 12 days on supercharged selling
Author: 0 Oil rout runs to 12 days on supercharged selling

But when President Donald Trump imposed sanctions November 5, he issued six-month waivers for some of Iran's biggest oil customers. The American Petroleum Institute said late on Wednesday that crude inventories rose by 8.8 million barrels in the week to November 9 to 440.7 million, compared with analyst expectations for an increase of 3.2 million barrels.

Finance Why Oil Prices Are Rebounding Despite What Trump Wants
Author: 0 Why Oil Prices Are Rebounding Despite What Trump Wants

That came after reports that Saudi Arabia was considering a production cut at the December OPEC meeting, on increased alarm that supply has started to outpace consumption. The contract slumped $4.65 to $65.47 a barrel on Tuesday. The global benchmark crude traded at a US$9.83 premium to WTI for the same month. "OPEC and Russian Federation are under pressure to reduce current production levels, which is a decision that we expect to be taken at the next OPEC meeting on December 6", said ...

Finance Saudi Arabia is reducing oil supply; OPEC may cut too
Author: 0 Saudi Arabia is reducing oil supply; OPEC may cut too

Russia , the world's second-biggest producer, said it would commit to any new agreement among producers to cut output. Suheil al-Mazrouei, energy minister of the host country UAE, hinted that producers are preparing to cut output. Oil prices have shed about one fifth of their value over the past month on oversupplies and signs of a softer-than-expected impact from USA sanctions on Iranian crude exports.

Finance Apple Shares Tumble Along With iPhone Suppliers As Sales Dry Up
Author: 0 Apple Shares Tumble Along With iPhone Suppliers As Sales Dry Up

Apple Inc shares fell to their lowest in more than three months on Monday (Nov 12) as three suppliers issued warnings on results that pointed to weakness in iPhone sales. In other words, whether or not iPhone XR sales are above or below projections is arguably irrelevant as long as Apple keeps finding ways to boost revenue, which is clearly more important than how any one specific iPhone model is doing in the marketplace.

Finance Where to Get Free Coffee on Veterans Day 2018
Author: 0 Where to Get Free Coffee on Veterans Day 2018

Petersburg, Tampa, Wesley Chapel) - Free meal from a select menu for veterans and active duty on Sunday. Proof of service is required. Applebee's is inviting all active-duty military and vets to enjoy a free meal on Sunday, November 11 .

Finance Facebook Went Down For Users Across The World
Author: 0 Facebook Went Down For Users Across The World

Outage reports show there are still widespread outages in the eastern US with more isolated outages in the central and western U.S. If you didn't live through it yourself, the website detector, Downdetector confirmed that "Facebook is having issues since 12:56 PM EST".

Finance Amazon reportedly picks NY, northern Virginia for HQ2
Author: 0 Amazon reportedly picks NY, northern Virginia for HQ2

Employees at the Seattle headquarters will be given the option to stay there, or relocate to the new HQ2, Amazon said past year. The Wall Street Journal reports that the company will choose New York City and Northern Virginia to be the homes for its second and third headquarters, specifically Long Island City and Crystal City.

Finance Investigation Opened After Pilots Report UFO Sighting
Author: 0 Investigation Opened After Pilots Report UFO Sighting

Shannon ATC replied: " There is nothing showing on either primary or secondary [radar ]". A pilot from a Virgin Airlines plane, callsign Virgin76, then speaks to air traffic control and says in fact it might be a "meteor or another object making some kind of re-entry".

Finance Oil prices rise 1.5% after Saudi Arabia announces supply cut in December
Author: 0 Oil prices rise 1.5% after Saudi Arabia announces supply cut in December

Oil has been tumbling on heavy supply levels recently and so this announcement over the weekend that Saudi Arabia will limit supply by cutting 500K barrels per day from December has resulted in USA crude being bid. Falih said they would then decide whether to adjust production and by how much. "With the Iranian sanctions not being as severe as initially feared, officials from the OPEC and non-OPEC producers may discuss at the weekend the need to bring compliance back down.

Finance Will oil price shoot up again?
Author: 0 Will oil price shoot up again?

Falih agreed in a meeting in Baghdad on Saturday on joint coordination with Iraq to achieve more stability in the oil market, Iraqi Oil Ministry spokesman Asim Jihad said. "We need not overreact" to falling prices, Mazrouei said, adding that crude was a dynamic market. Brent crude dropped below $70 a barrel on Friday for the first time since April, while the New York's West Texas Intermediate sank below $60 a barrel, a nine-month low.

Finance Global Markets: Equities dip ahead of Fed statement, USA dollar
Author: 0 Global Markets: Equities dip ahead of Fed statement, USA dollar

Some Fed officials also believed that U.S. interest rates might have to rise high enough to prevent economic overheating, according to the minutes of the Fed's September policy meeting released last month. economy added a larger-than-expected 250,000 jobs in October, with the unemployment rate unchanged at 3.7 per cent, the lowest level in nearly five decades.

Finance French 'seize' Ryanair plane in Bordeaux over €525000 'debt'
Author: 0 French 'seize' Ryanair plane in Bordeaux over €525000 'debt'

The passengers eventually took off five hours late on another Ryanair aircraft. Directorate General of Civil Aviation (DGAC) said the seizure of the Boeing 737 was to recover money given to Ryanair concerning its activities at Angouleme airport, situated in western, central France .

Finance Alibaba's Singles' Day sales hit new high, $24.3 billion by midday
Author: 0 Alibaba's Singles' Day sales hit new high, $24.3 billion by midday

Chinese e-commerce giant Alibaba Group Holding Ltd settled roughly 69 billion yuan ($9.92 billion) in the first hour of its annual Singles' Day on Sunday, up roughly 21 percent from last year's early haul of 57 billion yuan. Media captionAlibaba Singles Day: Dollars or data? Alibaba kicks off the annual event with a gala, which this year featured USA singer Mariah Carey, a Japanese Beyonce impersonator and a shoe-shopping-themed Cirque du Soleil performance.

Finance Not seeking Rs 3.6 lakh cr from RBI
Author: 0 Not seeking Rs 3.6 lakh cr from RBI

Sources said the government nominee directors and a few independent directors could raise the issue of interim dividend along with the capital framework of RBI . The issue may come up at the next RBI board meeting on November 19. "Which part of the RBI is broken that the government is anxious to fix?" Later it was revealed that government in an unprecedented step had invoked Section 7 of the RBI Act - to direct the Bank to ease NPA norms so that banks could start lending and support ...

Finance Target & Walmart release Black Friday ads for holiday shoppers
Author: 0 Target & Walmart release Black Friday ads for holiday shoppers

Walmart has married a Sony PS4 1TB Slim with a Spider-Man video game for $199. While 45 percent plan to visit stores on Black Friday , robust spending is expected to continue throughout the holiday season, with 28 percent spending on that Saturday or Sunday and 26 percent shopping on Cyber Monday.

Author: 0 Labour MPs react to Jo Johnson resignation over Brexit

On BBC Radio 4's Today he called again for another referendum, saying what was being offered fell "spectacularly short" of what had been promised. "I've done so, if others feel that it's right for them to do so then good on them". Jo Johnson's resignation, and his call for a fresh referendum to test voter sentiment, further complicates matters for May as she tries to strike a deal with European Union leaders that would pass muster with her own cabinet and win backing in Parliament .

Finance Another Keystone XL setback; environmental review ordered
Author: 0 Another Keystone XL setback; environmental review ordered

After years of legal wrangling, Barack Obama rejected the permit in 2015. The ruling is temporary and requires the government to do a more thorough review of how the project might affect the climate, cultural resources and wildlife. The US$8-billion project would help carry 830,000 barrels of crude a day from Hardisty, about 200 kilometres east of Red Deer, to Steele City, Neb., where it could then move on to refineries in the central USA and Gulf Coast.

Finance Runaway Train Blazes Through Western Australia For More Than 50 Miles
Author: 0 Runaway Train Blazes Through Western Australia For More Than 50 Miles

With no one at the controls, the 3km long runaway train travelled for nearly an hour, at speeds of up to 110km/h, before it crashed about 210km south of Port Headland. A runaway train with no one inside which hurtled through the Western Australia Pilbara region reached speeds of more than 150km/h before it was deliberately derailed .

Finance Tesla names new chair to replace Elon Musk
Author: 0 Tesla names new chair to replace Elon Musk

Tesla has appointed Robyn Denholm as chair of its board, replacing the electric carmaker's billionaire founder Elon Musk . Robyn Denholm, Telstra's chief financial officer and head of strategy, has been named to head the company's board with immediate effect late Wednesday, the automaker said in a statement posted to its blog.

Finance Indonesian plane grounded after passengers complain about stinky durian
Author: 0 Indonesian plane grounded after passengers complain about stinky durian

At one point, things got so heated that a brawl nearly ensued, according to Boyke Ledy Watra, a journalist with Indonesian news agency Antara who was among those on board. Sriwijaya spokeswoman Retri Maya said the durian had been properly loaded into the plane. "The thorny durian is a delicacy in much of Asia but also controversial - you either love it or hate it", wrote the BBC .

Finance Supreme Court rejects industry challenge of 2015 net neutrality rules
Author: 0 Supreme Court rejects industry challenge of 2015 net neutrality rules

The appeal was unusual in that the FCC's 2015 net neutrality rules have already been repealed under the current administration, following a Commission vote last December in which members voted 3-2 along party lines. Amy Howe of SCOTUSBlog explained that Kavanaugh was "expected to recuse himself from voting on the petitions because he had participated in the cases while on the D.C.

Finance What we know so far from the midterm election results
Author: 0 What we know so far from the midterm election results

Democrats could derail Trump's legislative agenda for the next two years should they win control of the House or the Senate . The Republicans were likewise expected to keep their slim, 51-49 advantage in the Senate, or perhaps even add to their majority in the chamber.

Finance New U.S. Sanctions Against Iran Go Into Effect
Author: 0 New U.S. Sanctions Against Iran Go Into Effect

The US sanctions herald the end of Washington's involvement in the landmark 2015 deal signed between Iran, the US and other world powers, which was created to curb Iran's nuclear ambitions. Keen said the European Union was also looking to implement a payment mechanism via a Special Purpose Vehicle to handle transactions with Iran and avoid payments directly into or out of Iran.

Finance Democrats fight to win control of the House in 2018 midterms
Author: 0 Democrats fight to win control of the House in 2018 midterms

Facebook also blocked about 115 user accounts after U.S. authorities tipped it off to suspicious behaviour that may be linked to a foreign entity, the company said hours voting began. The midterms are being watched beyond America's borders - as Trump's moves cause ripples internationally. The race to replace Scott as governor has also been tight - with Democrat Andrew Gillum hoping to become the state's first African-American governor.

Finance Election Day to test Democratic resistance in Trump era
Author: 0 Election Day to test Democratic resistance in Trump era

Congressional investigations and potential impeachment proceedings, even though nominal, would likely use up significant bandwidth while a growing number of Democrats and even Republicans are likely to attempt reducing Presidential power in dealing with trade.

Finance Term elections 2018: Trump makes final bid for votes
Author: 0 Term elections 2018: Trump makes final bid for votes

With races extremely tight in many House battles, control of the House will come down to turnout in key races. During his final campaign rallies in Ohio, Indiana and Missouri, Mr Trump returned to his key campaigning issues, including insisting that Democrats would damage the economy and allow more illegal immigration.

Finance Amazon to roll out free shipping to everyone during 2018 holiday season
Author: 0 Amazon to roll out free shipping to everyone during 2018 holiday season

Walmart, arguably Amazon's biggest competitor in the U.S., has kept its $35 minimum threshold for free shipping for this holiday season (so far, at least). Both Target and Best Buy are offering similar promotions. It's $49 free shipping threshold didn't last long after Walmart unveiled its policy of free two-day shipping with every order $35 or more in January 2017 .

Finance Lowe's to close two mid-Michigan stores
Author: 0 Lowe's to close two mid-Michigan stores

Based in Boucherville, Que., Lowe's Canadian business has more than 630 corporate and independent affiliate dealer stores. Lowe's said employees in the affected stores were notified of the closures Sunday evening. The stores are expected to close for good by February 1. Store closing sales will occur at most of the affected locations, with exception of select stores in the USA, which the company said will close immediately.

Finance Iran erupts as U.S. oil sanctions return
Author: 0 Iran erupts as U.S. oil sanctions return

Iranian President Hassan Rouhani has vowed to sell his country's oil and break the sanctions. "The last set of sanctions lifted under the bad nuclear deal will come back into force, including powerful sanctions on Iran's energy, shipping, and shipbuilding sectors, and sanctions targeting transactions with the Central Bank of Iran and sanctioned Iranian banks", the president said .

Author: 0 Theresa May’s ‘secret Brexit deal’ with EU

Brexit is fraying Britain's relationship with Ireland, the country's prime minister Leo Varadkar has warned. In a major intervention on the controversial backstop, amid reports that the government plans to keep Northern Ireland in aspects of the European Union trade structures, Mr Davis said it was "pretty clear there is genuine and significant concern regarding the implications of any fresh backstop text".