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$1.6B up for grabs in tonight's Mega Millions lottery drawing

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In fact, it's possible we may never know the name of the victor. "We're doing really well with them". With the lottery jackpots being so high, convenience store owners say people are buying tickets left and right. You won't have to worry about the stock market struggles if you hit one of the two big lottery jackpots up for grabs this week. Consider the current $ 620 million Powerball jackpot . Read More »

What happens if you win Mega Millions' $1.6B jackpot?

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That's up from the previous cash option of $904,900,000. You could be the lucky victor of the world's largest lottery jackpot after six winning numbers were drawn for Mega Millions' $1.6 billion jackpot. "Mega Millions has already entered historic territory, but it's truly astounding to think that now the jackpot has reached an all-time world record", Gordon Medenica, lead director of the Mega Millions Group and director of Maryland Lottery and Gaming, said about Tuesday's drawing. Read More »

Dyson chooses Singapore over Britain to build electric auto

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Dyson in September 2017 said it had been working on an electric vehicle and planned to launch its first such offering in 2021. Prominent Brexiter Sir James Dyson has chosen to build the firm's first electric vehicle in Singapore in a blow to United Kingdom manufacturing. Read More »

2.4 million pounds of taquitos recalled for listeria, salmonella concerns

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The meat and poultry taquitos were produced from July 1 through October 10, 2018. The products have the number "P-4226" inside the USDA mark of inspection. Listeriosis can cause fever, muscle aches, headache, stiff neck, confusion, loss of balance and convulsions sometimes preceded by diarrhea or other gastrointestinal symptoms. Read More »

Musk says LA Hyperloop tunnel to be unveiled December 10

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Taking to Twitter , the billionaire SpaceX founder said his underground tunnel for the project "is nearly done" and will be ready on December 10. The upcoming tunnel is a test tunnel designed for "the research and development of The Boring Company's tunneling and public transportation systems", according to the company's official website . Read More »

Moody's downgrades Italy credit rating on debt and deficit concerns

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The spread between yields on Italian and German bonds climbed to its highest level in nearly five years on Friday. There has been a "material shift in fiscal strategy, with significantly higher budget deficits planned for the coming three years compared to earlier expectations", Moody's said. Read More »

Who wants to be a billionaire? Americans cross fingers for record lottery

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The $2 million victor has not yet claimed their prize. That means that the Mega Millions and Powerball jackpots combined have are roughly $2.22 billion. The chance of matching all six numbers and taking home the grand prize is one in 302.5 million. If you've got a lotto itch, Mega Millions and Powerball tickets are now $2 each and can be purhcased in 44 states, Washington D.C., and the U.S. Read More »

Two Houston-area tickets sold worth millions in Mega Millions

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The previous largest single jackpot of $758.7 million was won last year by Mavis Wanczyk, a 53-year-old mother of two from MA. The pot's been growing since July when someone in California won the jackpot. The boxer reportedly told the cashier to ring up thousands of dollars' worth of Mega Millions tickets. Ticket sales for the next drawing end at 9:45 p.m. Read More »

US, Saudi Tensions Rise over Killing in Saudi Consulate

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Saudi Arabia said 18 Saudi suspects were taken into custody and intelligence officials were fired. On the day of his disappearance, 15 other Saudis, including several officials, arrived in Istanbul on two planes and visited the consulate while Khashoggi was still inside, according to Turkish police sources. Read More »

Drawbacks to Musk's Cheaper Model 3

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The current Tesla auto line (Roadster, Model S, Model X) ranges in price from $68,000 - $138,800 before tax incentives for electric cars. While the cheaper version of the auto is significantly lower than the $54,000 base price for the all-wheel-drive version that Tesla has been selling, some bears are honing in on various drawbacks of the model, as well as citing a great level of uncertainty that still surrounds Tesla's first mass-market vehicle, promised at a baseline price of $35,000. Read More »

Yellen Says Trump's Criticism of Fed Policy Is Damaging and Unwise

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USA stock markets, which had largely expected a "steady as you go" statement, moved slightly higher but remained loss-making after the update, which stressed a continuation of the Fed's "gradual" approach to rate rise policy. Still, he added, "I also think that we should pay attention to other indicators of tightness and overheating in addition to inflation". Powell's predecessor, Janet Yellen, defended his performance in remarks Monday at a mortgage bankers conference in Washington. Read More »

Mega Millions, Powerball jackpots reach almost $1 billion combined

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The most common Mega Ball is 22 or 9, drawn seven times. A group of 11 office workers in San Jose, CA, who made a "spur of the moment" decision to pool together, beat the odds and won July's jackpot. The estimated prize is just shy of the all-time game record of $656 million set in 2012. St. Marie's Market in Swanton is one business that continues to get more customers purchasing lottery tickets. Read More »

Mega Millions jackpot nears $1 billion ahead of Friday drawing

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Mega Millions has existed in some form since 1996. 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 focused on the biggest possible way to win . Read More »

United States newspaper publishes 'last piece' by Khashoggi

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A team of Turkish investigators searched the Saudi consulate in Istanbul for a second time after investigating the consul's residence. Turkish officials have accused Saudi Arabia of killing Khashoggi, who was often critical of the Saudi government in his writing. Read More »

Mega Millions Ticket Sold In San Francisco Matches 5 Of 6 Numbers

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No one has won the Mega Millions jackpot since July 24, when a San Jose office pool of 11-co-workers matched all six numbers to split a $543 million prize. That distinction goes to the $1.586 billion Powerball jackpot in 2016 that was shared by three winners. And in 2009, Steve Williams of Shenandoah, Virginia, won a Mega Millions jackpot worth a cool $200 million. Read More »

United States gives Saudi benefit of doubt in Khashoggi case

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The US State Department says it is investigating. The statement would pin blame on intelligence officials rather than Saudi leaders, alleging that an interrogation attempt had gone wrong and Khashoggi, who is a US resident and an opinion writer at the Washington Post , was killed without authorization. Read More »

Jamal Khashoggi disappearance: Saudi crown prince 'denies involvement'

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He said Saudi Arabia originally pledged its contribution in August, and USA officials were expecting to receive it by the fall. " The New York Times has confirmed independently that at least nine of 15 suspects identified by Turkish authorities worked for the Saudi security services, military or other government ministries", the newspaper reported late Tuesday, referring to the case of Jamal Khashoggi , who disappeared after entering the the Saudi Consulate on October 2. Read More »

Foster rejects Irish sea border after Barnier meeting

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But London has yet to present in writing a new proposal for the biggest hurdle in talks now - how to avoid extensive, post-Brexit checks along the 500 km (320 miles) of border between EU member state Ireland and Britain's Northern Ireland province that will become the only EU-UK land frontier. Read More »

Trump says market drop is 'correction that we've been waiting for'

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And the Fed for decades has enjoyed an independence that has shielded it from whatever political storms may be raging at any given time. Though the Fed has been raising its overnight target policy rate, a benchmark for lending costs overall, the current level of between 2 and 2.25 percent remains just half the average set by the Fed between 1990 and the start of the 2007 to 2009 recession. Read More »

Oil Prices Go Up

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Earlier this week, the Energy Information Administration boosted its forecast for USA oil production , which added another headwind. The week saw oil prices tumble on the back of higher inventories and weakness in the USA equity market. "For the US ... trade restrictions will trim off about one quarter of a percentage point from real GDP growth to 2.3 percent in 2019.". The Organization of the Petroleum Exporting Countries ( OPEC ) made a similar move on Thursday. Read More »

Erdogan, Saudi king discuss case of missing journalist

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President Trump raised the possibility today that " rogue killers " were behind the Saudi journalist's disappearance, not the kingdom's leaders. Last week, Turkey accepted a Saudi proposal to form a joint working group to investigate Mr Khashoggi's disappearance. Read More »

Sears to close almost 150 more stores, files for bankruptcy

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He's shuttered hundreds of money-losing stores, cut more than US$1 billion in annual expenses, and spun off units such as Lands' End. The filing, made in U.S. But any movement toward bankruptcy seemed to gain momentum last week with reports that Sears had hired New-York based M-III Partners to prepare the filing. Read More »

Search begins for missing journalist at Saudi consulate

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Saudi Arabia on Sunday warned against threats to punish it over last week's disappearance of journalist Jamal Khashoggi , as European leaders piled on pressure and two more U.S. Erdogan and King Salman spoke by telephone on Sunday evening and stressed the importance of the two countries creating the joint working group as part of the investigation. Read More »

Finance director arrested as chain stands on brink of collapse

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The latest disclosure comes after the company warned Thursday that it will have to shut down unless it gets an "immediate injection of capital", escalating the drama swirling around a company that appeared healthy until days ago. "Due to the nature of the settlement period of the placing, Luke Johnson will commit a further bridging loan facility of up to £10 million, to provide the company with the ability to fund immediate outstanding liabilities". Read More »

Musk denies James Murdoch taking over as Tesla’s Chairman

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James Murdoch , the son of media mogul Rupert Murdoch is in pole position to succeed Elon Musk as chairman of Tesla , according to the Financial Times . He posted jokingly that he had been "found passed out against a Tesla Model 3, surrounded by " Teslaquila' bottles". He has no experience in running an automotive business, but may provide a steady figurehead that many Tesla board members appear to think the company needs. Read More »

5 members of Royal family missing in Saudi Arabia: Royal prince

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Khashoggi, a critic of Crown Prince Mohammed bin Salman and the Saudi royal family, was last seen on October 2 when he entered the Saudi consulate in Istanbul to get documents for his forthcoming marriage. Turkey will probably blame Saudi Arabia more for the killing - while the Saudis will say they weren't directly involved. But it has rapidly become a vehicle for those firms to express their concerns over Khashoggi's disappearance. Read More »

OPEC sees weaker demand for its crude next year as rivals surge

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The U.S. President Donald Trump has clearly stated that the U.S. sanctions against Iran beginning from November 4, 2018, will block payment routes. As per the tanker tracking data of Refinitiv Eikon and as quoted by Reuters , none of the tankers was directed to Europe in the first week of October. Read More »

Mega Millions winning numbers announced for $548 million jackpot

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Most winners opt for cash, which for Friday night's drawing would be an estimated $309 million. The estimated jackpot for that drawing would be the fourth largest lottery prize in USA history. Since 2000, the store has sold three multi-million-dollar jackpot tickets, the owners said, as well as dozens more winners of $1,000 or more. After Tuesday's picks this week, the jackpot climbed $78 million after no one matched all six numbers. Read More »