CHICAGO—Someone beat the odds and won the $1.28 billion Mega Millions jackpot. According to megamillions.com, there was one winning ticket in the draw Friday night, and it was bought in Illinois. The winning numbers were: 13-36-45-57-67, Mega Ball: 14. “We are thrilled to have witnessed one of the biggest jackpot wins in Mega Millions history,”…
Ticket Bought in Illinois Wins $1.337 Billion Mega Millions Jackpot
CHICAGO—A single ticket bought in a Chicago suburb beat the odds and won a $1.337 billion Mega Millions jackpot. According to megamillions.com, there was one jackpot-winning ticket in the draw Friday night, and it was bought at a Speedway gas station and convenience store in Des Plaines. The winning numbers were: 13–36–45–57–67, Mega Ball: 14….
JPMorgan CEO Warns of Possible $1 Billion Russia Loss
April 5, 2022
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NEW YORK—JPMorgan could lose about $1 billion on its Russia exposure, Chief Executive Jamie Dimon said on Monday, detailing the extent of the bank’s potential losses from the conflict in Ukraine for the first time. In his keenly watched annual letter to shareholders, the chairman and chief executive of the biggest U.S. bank by assets…
Natural Disasters Caused $145 Billion in Damages Across US in 2021
By Brian K. Sullivan From Bloomberg News Natural disasters killed 688 people across the U.S last year and caused more than $145 billion of losses, the third-highest tally in records going back to 1980, a government report showed. There were twenty disasters that exceeded $1 billion of losses each, according to the National Centers for…
Billions Lost in Aussie Black Summer Bushfires
December 13, 2021
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A University of Sydney and the World Wide Fund for Nature (WWF)’s report released on the impacts of the Black Summer fires from 2019 to 2020 has found the fires cost the Australian agriculture sector billions of dollars. The Fire on the Farm report (pdf), released, Dec. 13, estimated the bushfires fires— which burnt up…
Shell Exits Permian With $9.5 Billion Texas Shale Sale to ConocoPhillips
September 21, 2021
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Royal Dutch Shell said on Monday it would sell its Permian Basin assets to ConocoPhillips for $9.5 billion in cash, an exit from the largest U.S. oilfield for the energy major shifting its focus to the clean energy transition. For ConocoPhillips, it is the second sizable acquisition in a year in the heart of the…
Microsoft to Buy Back up to $60 Billion in Shares; Names Brad Smith Vice Chair
Microsoft Corp. on Tuesday said it will conduct an up to $60 billion share buyback program, raise its quarterly dividend by 11 percent, and appoint company President Brad Smith as vice chair. Microsoft said the buyback program has no expiration date and may be terminated at any time, and that it would pay a dividend…
Japan Airlines Finalises $2.7 Billion Raising to Position for Post-COVID-19 Era
TOKYO—Japan Airlines Co Ltd (JAL) said on Friday it had finalised plans to issue 300 billion yen ($2.73 billion) of hybrid loans and subordinated bonds to give it a safety net and position it for a post-coronavirus business environment. It will raise 200 billion yen from hybrid loans and 100 billion from subordinated bonds, the…
EasyJet to Raise $1.7 Billion After Rejecting Takeover Bid
LONDON—EasyJet has rejected a takeover offer and will instead raise $1.7 billion from shareholders to strengthen its position in a European market struggling to recover from the COVID-19 pandemic, the British airline said on Thursday. The low-cost carrier did not identify its suitor, but said the all-share approach fundamentally undervalued its business and the potential…
Federal Watchdog: Unemployment Programs Wasted Billions
A federal watchdog says billions of taxpayer dollars have been wasted through unemployment programs in the past year, and that number is likely to rise. The Government Accountability Office released a report examining unemployment benefits during the COVID pandemic that found states and territories had overpaid by $12.9 billion between March 2020 and April 2021….
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