Money

by | July 26, 2018 | 10:28

Mega Millions lottery said the lucky victor won its fifth largest jackpot after an 11-week rollover. "Congratulations to California for taking home the fifth-largest jackpot in Mega Millions history". It's the ninth $1 million Mega Millions prize won in Minnesota since sales began in February 2010. The Mega Millions jackpot now reverts back to $40 million.

by | July 26, 2018 | 09:13

Before the results were announced , Facebook's shares had closed in NY at $217.50, a record high, and had gained 23% this year. "Despite facing important challenges, our community and business are off to a strong start in 2018", said Mark Zuckerberg , Facebook's founder and CEO.

by | July 25, 2018 | 22:24

The measures are a response to an estimated $11 billion in "trade damage from unjustified retaliation", the agency said . The tweet came on the same day that Trump issued this one, amid news that his administration was starting a $12 billion plan to help US farmers amid trade disputes.

by | July 25, 2018 | 18:41

Marchionne joined Fiat in 2004 and led the Turin-based company's merger with bankrupt US carmaker Chrysler . Marchionne had been at Fiat for over a decade and added the title of Ferrari chairman in 2014, replacing Luca di Montezemolo. His health reportedly rapidly deteriorated following the surgery, leading to Marchionne's departure from Fiat Chrysler over the weekend . "He taught us to think differently and to have the courage to change, often in unconventional ways, always acting ...

by | July 25, 2018 | 13:41

CT/11 p.m. ET on Tuesdays and Fridays. That would deliver a cash prize of $308 million. If a victor opted for a cash prize, he or she would get $303.4 million. The jackpot is now even bigger than organizers had predicted. The estimated jackpot for Wednesday night's drawing is $5.4 million, with a cash option of $3.2 million.

by | July 25, 2018 | 10:45

The administration's action appeared to divide Republicans , with some praising the move and others troubled by what they view as the kind of widespread government-assistance programme their party has traditionally opposed. Ron Johnson , R-Wis., told Politico . America's farmers don't want to be paid to lose - they want to win by feeding the world. Bob Corker (R-TN) said, according to the Post .

by | July 25, 2018 | 06:51

House Speaker Paul Ryan said he understood Trump's plan and called his goal a "good one" but ultimately said House Republicans do not agree with the practice. "A breakthrough on NAFTA would be preferable", said Senate Agriculture chairman Pat Roberts earlier on Tuesday when rumors of the package began to circulate.

by | July 25, 2018 | 04:12

The near-term support is around 0.9984 ( July 6 Low) and any close below that level will drag it till 0.9857 (July 9 Low). Earlier this month, the USA imposed levies on $34 billion of Chinese exports of machinery, components and electronics.

by | July 24, 2018 | 23:01

The products were distributed throughout the USA, but as of Monday, no illnesses have been reported. Those products are the only ones from Pepperidge Farm that are involved in a recall . Both Pepperidge Farm and Mondaelz stated that they were taking the precautionary measures due to what appears to be the same reason: potential contamination of the whey powder used to season the snacks.

by | July 24, 2018 | 21:10

Asked about the analysis, the U.S. State Department declined to comment. Although Trump hailed the Singapore summit as a success, skeptics have questioned this assumption, given that Pyongyang, which has rejected unilaterally relinquishing its nuclear weapons, appeared to make no new tangible commitments in a vaguely worded joint statement.

by | July 24, 2018 | 20:25

The official Trump administration line right now is that the trade war he's launched against China, the European Community and others is a total no-brainer, and simply a matter of Uncle Sam deciding to stop being Uncle Sucker. The U.S.is also in the middle of a trade dispute with China and is threatening to impose new tariffs on the European auto sector. Earlier Tuesday, Trump showed no signs of backing down.

by | July 24, 2018 | 18:45

Excluding the €4.34bn (£3.9bn) fine handed down from the European Commission last week , Alphabet's earnings per share came in at $11.75 (9p), up from $8.90 a year earlier. Alphabet generated revenue of $32.66 billion during the second quarter of 2018, compared to $26.01 billion during the same quarter previous year. Both Alphabet's headcount and taxes increased.

by | July 24, 2018 | 14:44

That means Google is still spending over half a billion dollars keeping its former Moonshots afloat. "We'll appeal the commission's decision. but we are also looking forward to finding a solution above all that preserves the enormous benefits to Android users".

by | July 24, 2018 | 13:18

It's down from a peak of $385 in September, with many investors growing concerned about Tesla's spending and its ability to meet its production goals. Analysts say Tesla needs to sell a lot more cars. "Now that we're in a stronger position with Model 3 production ramping [up], it is a good time to improve our competitive advantage in this area", a company spokesman said.

by | July 23, 2018 | 22:14

The Journal cited a memo from a manager to a supplier, saying that all suppliers are being asked to help Tesla become profitable. Tesla has reportedly asked suppliers to return some of the payments they have received for previous work, according to The Wall Street Journal .

by | July 23, 2018 | 19:43

It is also the third jackpot of at least $400 million this year. After no ticket won the big prize on Friday, the estimated jackpot for Tuesday's drawing is $493 million, which is the fifth largest jackpot in the 16-year history of the game.

by | July 23, 2018 | 12:30

The Australian dollar climbed to $0.7425 from $0.7358. China, the European Union and others have been manipulating their currencies and interest rates lower, while the U.S.is raising rates while the dollars gets stronger and stronger with each passing day - taking away our big competitive edge.

by | July 22, 2018 | 22:59

Delivering his twice-a-year report on monetary policy to Congress, Powell gave an upbeat assessment of the economy's prospects. "There is a bigger impact on behavior than we are seeing" in the national economic data yet, said Mark Spindel, chief investment officer at Potomac River Capital and author of a book on Fed politics.

by | July 22, 2018 | 16:44

The harsh words coming from North Korea about denuclearization underscore the weaknesses of President Donald Trump's personal style of diplomacy - the one where he assumes that his charm and powers of persuasion will win global adversaries over to his line of thinking.

by | July 22, 2018 | 14:28

Trump continued: The United States should not be penalized because we are doing so well. Trump said that raising American interest rates makes investment in China comparatively attractive, because China manipulates its currency by artificially devaluing it.

by | July 22, 2018 | 04:51

Fiat Chrysler Automobiles' board of directors has recommended that Jeep executive Mike Manley replace seriously ill Sergio Marchionne as CEO of the automaker. A Fiat Chrysler sign is seen outside the Chrysler World Headquarters in Auburn Hills, Mich., in this file photo. The CEO of FCA since 2004, Marchionne has long said he anticipated stepping down in 2019.

by | July 21, 2018 | 21:38

Sources said the Council may consider a reduction in tax rates on the host of items with low revenue implications as part of the tax rationalization exercise. This is to facilitate the ease of payment and return filing for small and medium businesses with an annual aggregate turnover up to Rs. 5 crores. On being asked about the revenue loss from these rate cuts, Goyal said that with simplification of processes, compliance will improve which will in turn boost revenue.

by | July 21, 2018 | 20:42

The United States has raised the stakes in the dispute, threatening to slap 10 percent tariffs on an extra $200 billion worth of Chinese imports, including numerous consumer items. you have to go and lay your entire blueprint on the table, including the technology, and they will have their experts present who'll open it right up".

by | July 21, 2018 | 08:50

Trump has already imposed a 25 percent import tax on about $34 billion worth of Chinese tariffs. With those nations nearly certain to retaliate, the result could be higher prices for Americans, diminished export sales and a weaker USA economy by next year.

by | July 20, 2018 | 23:28

In a taped interview with the business channel CNBC , Trump said "I'm willing to go to 500", referring roughly to the $505.5 billion in goods imported past year from China. "We've been ripped off by China for a long time". The Fed has raised interest rates twice already this year. "I'm doing this to do the right thing for our country".

by | July 20, 2018 | 22:06

Intelligent Cloud's operating margins. The results-for both the quarter and the entire fiscal year-can only be described as astonishing, especially when you consider that Microsoft is in the midst of a transition from its old business model to one that is focused on cloud computing .

by | July 20, 2018 | 20:14

The president said China had harmed the U.S.by deflating its currency to suppress the price of Chinese goods and violating trade laws. Trump has been threatening to levy tariffs on European auto manufacturers in a bid to force more production into the US.

by | July 20, 2018 | 13:09

After a few weeks of very tough rhetoric about Iran sanctions, U.S. Secretary of State Mike Pompeo signaled a softer line last week, noting that a lot of countries could request waivers . This eased concerns that the market would be short of oil. Brent has fallen nearly 9 percent from last week's high above $79 on emerging evidence of higher production from Saudi Arabia and other members of the Organization of the Petroleum Exporting Countries , as well as Russian Federation and the ...

by | July 19, 2018 | 21:56

President Donald Trump lashed out Thursday after Brussels hit U.S. tech giant Google with a record fine , and warned he would no longer allow Europe to take "advantage" of the United States. Moreover, Google was given 90 days to stop what the European Union said were "illegal practices" on contracts with handset manufacturers that push Google services in front of users.

by | July 19, 2018 | 19:55

Mr Johnson's resignation speech was touted in advance as potentially the most damaging since another former foreign secretary, Geoffrey Howe , undermined Margaret Thatcher in 1990. While May's party is in disarray over the plan, European Union member Ireland also said it was focusing on the white paper , unwilling to be diverted over the changes to her Brexit plans forced through in parliament this week.

by | July 19, 2018 | 16:39

Economists had expected higher energy prices to push the rate up to 2.6%, but this was offset by falling prices for clothes and games. However, although the price of gas and electricity increased, and petrol prices rose to their highest level since September 2014, the cost of clothing and computer games fell.

by | July 18, 2018 | 23:08

Its effectiveness is essential to ensuring the safety of any people who might ride aboard the capsule in the future. The motor performed as expected, giving the capsule an extra boost and setting an altitude record of 118.8 kilometers before landing by parachute 11 minutes after liftoff.

by | July 18, 2018 | 19:41

To that end, he sent a letter to the board this weekend outlining his case that he was wrongly asked to step down as chairman, that his comments had been "mischaracterized" in press reports, and that the whole affair began when he refused to work with Kanye West as a co-spokesman for the company.

by | July 18, 2018 | 18:41

Earlier this afternoon UofL president Neeli Bendapudi said she hadn't reviewed changing the name of the stadium, but I'd say that will soon happen. He pointed out that Schnatter's type of behavior would not be tolerated from any employee at Papa John's .

by | July 18, 2018 | 13:47

British diver Vern Unsworth , 63, a key member of the rescue team, shot down Musk's idea in an interview about the ordeal with CNN . "It wouldn't have made it the first 50 metres ", he noted, as most critics had. He even posted video footage of tests being carried out on the mini-sub. In other replies to critics on Twitter Sunday morning, Musk said, "Stay tuned jack-- ..." The BBC has contacted Mr Musk, via his company Tesla , for comment .