Business

$2 Million Powerball Ticket Sold in Ohio

A Powerball ticket worth $2 million was sold in Ohio for the Saturday, March 9, 2024 drawing. The ticket, sold in Columbus, matched five numbers and the Power Play, making it worth the substantial prize. The exact location of the ticket sale has not been disclosed by Ohio Lottery officials, but it has been reported that the ticket was sold at a Circle K outlet.

Nigeria’s Ban on Binance Naira Transactions Sparks Concerns

Nigeria’s ban on end-to-end transactions with the naira on Binance has raised concerns about economic consequences, including increased youth unemployment and exacerbation of the country’s economic challenges. The ban came after accusations of exploitation, devaluation of the naira, and money laundering. Binance has denied any wrongdoing, and the ban has prompted fears of job losses and potential impact on the economy.

Etihad Airways Offers Special Ramadan Amenities for Passengers

Etihad Airways is enhancing the travel experience for passengers observing Ramadan with special amenities, Iftar meals, and dedicated prayer facilities. The airline’s lounges and onboard flights will offer traditional Ramadan refreshments, authentic Arabic cuisine, and modern Ramadan treats. In-flight entertainment will include religious content and new Ramadan programming.

Billions Pour Into Nigeria as Tinubu’s Reforms Start to Pay Off

Foreign investor demand for Nigerian assets and remittances from citizens living abroad surged as President Bola Tinubu’s reforms started to pay off. The central bank reported over $1 billion in foreign portfolio investor asset purchases in February, with total receipts for the year reaching at least $2.3 billion. The government’s measures to attract investors and support the naira have led to increased investor interest in short-term sovereign debt and a fourfold rise in overseas remittances. Governor Olayemi Cardoso stated that the measures to boost reserves and create more liquidity in the markets have begun to yield results.

USDA Corn Futures Report

USDA’s outlook for domestic ending stockpiles came in above trade expectations, impacting corn, soybean, and wheat futures. Speculators increased net short positions on soybeans, while reducing bearish positions in corn and wheat.

Top-Prize Winning Ticket Worth $40,480 Sold in New York City

New York Lottery officials have announced the sale of a top-prize winning ticket worth $40,480 for a March 8 drawing in New York City. The winning TAKE 5 ticket was sold at Apna Food & Oil Corp., located at 65-10 Queens Blvd., in Woodside, Queens. With odds of winning the TAKE 5 jackpot at one in 575,757, the New York Lottery continues to be North America’s largest and most profitable Lottery, contributing $1 billion in fiscal year 2022-23 to support education in New York State. For those struggling with gambling addiction, help is available by calling the State’s toll-free, confidential HOPEline at 1-877-8-HOPENY (1-877-846-7369) or by texting HOPENY (467369). The New York Lottery also offers various scratch-off games with different prize amounts, providing more chances to win big.

Oracle Corp. Exceeds Wall Street Expectations with Quarterly Earnings

Oracle Corp. reported quarterly earnings that exceeded Wall Street’s expectations, leading to a 13% surge in its shares during extended trading. The fiscal third quarter ending Feb. 29 saw the company’s earnings per share at $1.41, higher than the expected $1.38, while its revenue of $13.28 billion fell slightly short of the $13.3 billion anticipated. Looking ahead, Oracle projected earnings of $1.62 to $1.66 per share for the fiscal fourth quarter, with revenue growth expected to be between 4% and 6% over sales of $13.8 billion a year ago. Oracle CEO Safra Catz expressed the company’s commitment to reaching its previously stated sales goal of $65 billion by fiscal 2026, suggesting that these targets might be too conservative given the company’s momentum. The quarter saw a 7% increase in revenue from a year earlier, with net income climbing 27% to $2.4 billion. The company’s cloud services and license support segment, its largest business, experienced a 12% sales increase to $9.96 billion, attributed to strong demand for its artificial intelligence servers. Additionally, the company’s cloud revenue rose 25% year over year to $5.1 billion. During the earnings call, Oracle Chairman Larry Ellison mentioned increased business from Microsoft, revealing that Oracle is building 20 data centers for Microsoft and Azure, with three more ordered in the recent week. However, the company’s cloud license and on-premise sales declined 3% to $1.26 billion, slightly beating forecasts.

Tyson Foods Announces Permanent Closure of Iowa Pork Plant, Leaving 1,276 Workers Jobless

Tyson Foods has announced the permanent closure of its pork packing plant in Perry, Iowa, leaving 1,276 workers without jobs. The closure has dealt a significant blow to the community, raising concerns about the town’s economic base and the future of the workers. The announcement has left workers feeling uncertain about their future, reflecting the broader struggles faced by the pork industry.

Former Boeing whistleblower found dead in the US

Former Boeing employee John Barnett, known for raising concerns about production standards, has been found dead in the US. Barnett had been giving evidence in a whistleblower lawsuit against the company and had revealed sub-standard parts and safety compromises in the production line. Despite his concerns being refuted by Boeing, a 2017 review by the FAA upheld some of his claims. Barnett had initiated legal action against the company after his retirement, accusing it of denigrating his character and impeding his career.

Intermountain Health Achieves Quadruple Stage 7 Healthcare Organization Recognition by HIMSS

Intermountain Health achieves groundbreaking milestone as the first organization globally to be acknowledged as a Quadruple Stage 7 Healthcare Organization by HIMSS. Their unwavering dedication to pioneering excellence in healthcare infrastructure and technology is evident in their successful validation on the HIMSS Infrastructure Adoption Model, showcasing their robust outcomes-based case studies and relentless commitment to innovation.