Business

Powerball jackpot drawing switches channels in Syracuse

The last drawing was on January 9 and it marked the 19 drawing without a grand prize victor. Because the payout is based on sales, the prize grows as people rush for their chance at millions. To win the money, a ticket holder has to match all numbers on six balls selected. And back in 1994, voters chose to send lottery profits outside: 50 percent to Great Outdoors Colorado , 40 percent to the Conservation Trust Fund and 10 percent to the Colorado Parks and Wildlife Department.

Business

No Powerball winner, jackpot may grow to $1.3 billion

Patti McFadden of Fort Myers, Fla., a lottery-playing veteran, said before Saturday's drawing that she visited multiple Powerball sellers to improve her chances. The lottery billboard on I-69 at Illinois Road displayed 999 million for Wednesday Powerball jackpot. By early evening Sunday, the store had sold $2,000 worth of tickets, owner Amer Singh Nijjar said.

Business

Oil price falls to $US33

Lower crude costs are helping boost returns for oil refiners in Asia, the region where most Middle Eastern crude is sold. In this case, the only chance for the Saudis would be the escalation of the situation in the Middle East. Wood Mackenzie's Macro Oils service forecasts continued global oversupply in the first half of 2016, Ann-Louise Hittle, Head of Macro Oils for Wood Mackenzie announced.

Business

Obama: I Won't Support Anyone Who Isn't For 'Common-Sense Gun Reform'

The new regulations have faced widespread opposition, even though the United States has the highest rate of gun violence among any developed country in the world. A series of mass shootings has punctuated Obama's time in office, and after he failed to convince Congress to toughen up gun laws, the president said he wanted to have a national debate about guns in his final year in office.

Business

China stocks pull back from the brink

Wall Street futures point to a near one per cent bounce on the S&P 500 and Dow Jones Industrial after what been their worst-ever start to a year. Meanwhile, the major European markets all moved to the downside on the day. The catalyst for this week's market turmoil has been China's plunging stock market and weakening currency . With risk appetite severely hurt, investors are flocking to low-risk assets such as bonds, gold and traditional safe-haven currencies .

Business

Obama slams NRA, refuses support for anti-gun control Democrats

And so I think part of it we have to recognize that we can not outlaw murder because the people who are murdering, right, are - they're breaking the law but they also don't have a moral code that we have. "You know what a gun-free zone is to a sicko?" "Frustrated by the will of the American people and Congress to enact his anti-gun agenda, President Obama is usurping the power of the people and using executive actions to restrict your Second Amendment rights".