Markets

Markets One Mega Millions ticket wins $530 million jackpot
Author: 0 One Mega Millions ticket wins $530 million jackpot

A ticket sold at a San Diego liquor store matched all six numbers in Friday night's $530M Mega Millions jackpot. The Oceanport man learned he won $1 million while on his way to lunch with his father. Three matched all five white balls to win the game's $1 million second prize. Players have until the time of the drawing tonight - that's 11pm CDT - to purchase their tickets at any lottery retailer to qualify for tonight's jackpot.

Markets Barnes & Noble buyout: Barnes & Noble sold to hedge fund Elliott Management
Author: 0 Barnes & Noble buyout: Barnes & Noble sold to hedge fund Elliott Management

Barnes & Noble has been exploring options for a buyout since at least last October, with multiple parties showing interest including founder-chairman Leonard Riggio. "We meet these with investment and with all the more confidence for being able to draw on the unrivaled bookselling skills of these two great companies".

Markets How Major US Stock Indexes Fared Tuesday
Author: 0 How Major US Stock Indexes Fared Tuesday

Fed Chairman Jerome Powell pledged to " act as appropriate " to maintain United States economic growth in the face of a global trade war . China's Shanghai Composite was more or less flat, edging just 0.03% lower to 2,861.42, while the tech-heavy Shenzhen Composite went marginally the other way, inching up by 0.04% to 1,494.77 as government plans to conduct accounting checks on the pharmaceutical industry pulled healthcare stocks lower and offset the impact of news from across the ...

Markets 'Good chance' now for tariff deal with Mexico
Author: 0 'Good chance' now for tariff deal with Mexico

Mexico and the US will continue talks Friday about efforts to curb the flow of Central American migrants to the southern USA border, Mexican Foreign Secretary Marcelo Ebrard said in a short statement late Thursday . President Donald Trump and first lady Melania Trump board Air Force One as they depart Shannon global airport en route to Washington, in Shannon, Ireland June 7, 2019.

Markets Google says cutting us off from Huawei is a security risk
Author: 0 Google says cutting us off from Huawei is a security risk

This is said to have been created as a failsafe should Huawei ever lose access to Android; it would potentially be installed on upcoming phones in place of Google's operating system. In France, sales of premium Huawei smartphones fell by about one-fifth in the week after the United States blacklisted the company, according to a telecom industry representative who asked not to be identified as the figures are private.

Markets Amazon To Start Drone Deliveries In Chosen Countries Soon
Author: 0 Amazon To Start Drone Deliveries In Chosen Countries Soon

But when the drone comes into land at a customer's address, it will use computer vision techniques Amazon claimed to have invented, to avoid things like clotheslines and telephone wires. These drones are part of the company's Prime Air program which the company has been testing in multiple worldwide locations through its development centers in the United States, the United Kingdom, Austria, France and Israel.

Markets Wary smartphone buyers help Trump turn the screws on Huawei
Author: 0 Wary smartphone buyers help Trump turn the screws on Huawei

He added that this may consist of a couple of other components, including limitations in shipments of minerals that are vital for use in the numerous USA made devices and electronic cars. Under the terms of the USA blacklisting, companies have until Aug 19 to carry on dealing with Huawei while they seek to make other arrangements and the U.S.

Markets Jaguar Land Rover, BMW partner to develop next generation electric drive systems
Author: 0 Jaguar Land Rover, BMW partner to develop next generation electric drive systems

For JLR this will be at its Wolverhampton-based Engine Manufacturing Centre (EMC), which was confirmed as the home for the company's global EDU production in January of this year, it said. Working with BMW will help it tap into the German company's enormous buying power, which should help reduce the cost of the components it needs for its future electric cars.

Markets Oil price drops back to $60
Author: 0 Oil price drops back to $60

Oil prices edged higher on Monday after reassurances from top oil exporter Saudi Arabia offered some respite from last week's heavy losses as deepening USA trade wars fanned fears of a global economic slowdown. "But OPEC may pledge to keep compliance with the pledged cuts to 100%, not overshoot it". Prices have fallen dramatically since today's 10:30 AM EST release of the EIA report as traders have piled on the short side of WTI.

Markets 'Cuphead,' the video game, is coming to Tesla, the cars
Author: 0 'Cuphead,' the video game, is coming to Tesla, the cars

The game is officially being released for Tesla's suite of electric vehicles. The eccentric SpaceX and Tesla founder revealed to IGN that Tesla has been working with Studio MDHR to make the '20s-styled platformer playable on the Model X , Model S and Tesla Model 3 .

Markets Effect of potential Mexico tariffs on US companies
Author: 0 Effect of potential Mexico tariffs on US companies

U.S. President Donald Trump told Mexico to stop the "invasion" and "onslaught" of migrants entering the United States illegally, or face rising U.S. "It would be my hope that they're gonna work out things so the tariffs don't go into effect", Grassley said. Trump said that sort of congressional action was unlikely.

Markets YouTube, Snapchat, other services down Sunday due to eastern U.S. congestion
Author: 0 YouTube, Snapchat, other services down Sunday due to eastern U.S. congestion

Widely used services such as YouTube and Snapchat were also down in the affected regions, which appeared to include parts of the Northeast and Europe. The US has been apparently affected the most, according to user reports. 'We are experiencing high levels of network congestion in the eastern U.S., affecting multiple service in Google Cloud , GSuite and YouTube, ' the company said.

Markets Oil Poised For Biggest Decline In Six Months
Author: 0 Oil Poised For Biggest Decline In Six Months

West Texas Intermediate ( WTI) crude futures fell $3.09 to $53.50 a barrel, a 5.5% loss. The U.S. Energy Information Administration (EIA) reported crude-oil inventories dropped by around 300,000 barrels last week, to 476.49 million barrels.

Markets MacKenzie Bezos pledges to give half her $36 fortune to charity
Author: 0 MacKenzie Bezos pledges to give half her $36 fortune to charity

As for Mackenzie Bezos , she became one of the world's richest people herself after her recent divorce settlement, in which she received about $35 billion in Amazon stock. In early 2018 Jeff Bezos also donated over $30 million to create college scholarships for "Dreamers", the undocumented immigrants who were brought to America as children.

Markets Ball in Renault's court after Fiat Chrysler proposes merger
Author: 0 Ball in Renault's court after Fiat Chrysler proposes merger

The world's two biggest automakers, Volkswagen and Toyota Motor, each topped 10 million vehicles a year ago. It would rank third in the global auto industry behind Japan's Toyota and Germany's Volkswagen. FCA said joining forces would make the automakers a global leader in electric vehicle technologies, premium brands, SUVs, pickup trucks and light commercial vehicles and would have a broader and more balanced global presence than either company on a standalone basis.

Markets Trump Watches Sumo Match on Japan State Visit
Author: 0 Trump Watches Sumo Match on Japan State Visit

The United States and China are engaged in an expensive trade war that has pounded financial markets worldwide. Later in the day, Abe was expected to introduce Trump to Japan's ancient sport of sumo wrestling. The prime minister caters to the president's preferences. Sitting at the counter in front of a few dishes, Trump told the press they talked "a lot today about trade and military and various other things", describing the day as "very productive" and expressing confidence that would ...

Markets Musk says Tesla on pace of record quarter in leaked email
Author: 0 Musk says Tesla on pace of record quarter in leaked email

Which is perhaps why Tesla's tweets have been noticeably more bonkers than usual over the past fortnight - has Adam perhaps been doing a little probationary period to see if he can handle the stresses of putting out content to Tesla's 3.76m obsessive Musk fans? The larger takeaway from all of this Tesla hoopla is that demand , contrary to some analyst opinions, does not appear to be a huge issue for the company.

Markets Audi kills TT as it bids to become premium EV leader
Author: 0 Audi kills TT as it bids to become premium EV leader

We've reached out to Audi to learn when the current TT will end production, and whether the sporty electric auto that replaces it will revive the TT nameplate. This decision is a effect of Audi's desire to "concentrate maximum resources on key projects" and reduce complexity across the model ranges. Power was up, too, and the car's footprint increased as well.

Markets ARM axes Huawei too; massive blow to the company
Author: 0 ARM axes Huawei too; massive blow to the company

Industry experts have called out Huawei for its claims it could ensure a steady supply chain without USA help, saying the technology it buys from American companies would be "hard to replace". This came from Paulo Trezentos, the founder of Aptoide as he himself claimed that he has met up with a senior Huawei personnel in Shenzhen, China. Huawei commented briefly on the matter, saying it was confident it could resolve the problem.

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