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Powerball Swells To $700 Million—Here’s Why There Have Been So Many Massive Jackpots Recently

February 3, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Topline The Powerball jackpot soared to $700 million ahead of Saturday’s drawing, making it the 10th biggest lottery jackpot ever as both the Powerball and Mega Millions continue to reach astounding jackpots in recent years following key changes to the games’ formulas. Key Facts This week’s jackpot is the sixth biggest Powerball grand prize since the multi-state lottery game launched in 1992—all of which came in the last six years, after the game announced a shake-up in its formula that made it pay out less frequently, but boosted the jackpot. That change, in 2015, decreased players’ odds of winning the jackpot from one in roughly 175.2 million to an abysmal one in 292.2 million, while the odds of winning the game’s smaller prizes, like its smallest $4 prize, increased to one in 92. The formula change increased the pool of white ball numbers available to select from 59 to 69 and decreased the pool of … [Read more...] about Powerball Swells To $700 Million—Here’s Why There Have Been So Many Massive Jackpots Recently

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AEW’s Negligent Booking Of Jade Cargill Sees Viewers Fall Under 800,000 For 50th Win

February 3, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Jade Cargill is among AEW’s unquestioned top stars, yet AEW seems to be the last to know. This past Wednesday on AEW Dynamite, Cargill celebrated her landmark 50th win in what should have been a main event-caliber segment. But instead of building this milestone up like it was a big deal, AEW threw this match together at the last minute. AEW Dynamite garnered 901,000 viewers, down 10% from last week’s broadcast which drew over one million viewers for the first time in 2023. AEW Dynamite posted a 0.31 rating in the 18-49 demo, essentially flat with last week’s 0.32, and was No. 2 on cable. Though Cargill has emerged as a proven draw in the past, AEW punted on a potentially great build to 50 wins, and they paid dearly for it. By stitching together a match against Red Velvet that nobody believed she could lose, AEW Dynamite’s quarter-hour viewership plummeted to 783,000 viewers for Cargill’s big moment. This … [Read more...] about AEW’s Negligent Booking Of Jade Cargill Sees Viewers Fall Under 800,000 For 50th Win

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Three Numbers That Show Just How Hard Coronavirus Job Losses Are Hitting U.S. Workers

April 10, 2020 by www.forbes.com

Share to Twitter Share to Linkedin As the coronavirus crisis drags on in the United States, with nearly 500,000 cases now confirmed, nonessential businesses like retailers and restaurants are shutting their doors, and workers are losing their jobs at an unprecedented rate. Under the $2 trillion emergency rescue legislation signed into law by President Trump, workers who have been laid off are eligible for enhanced unemployment benefits and $600 extra each week for the first four months. As workers are laid off by the millions, states have become overwhelmed by the volume of requests. On Wednesday, when Florida’s online and phone unemployment systems crashed due to high demand, hundreds of people waited in line in person to fill out paper forms. And New York is getting help from Google to overhaul its benefits system, which couldn’t handle the crush of new applications either. Analysts are predicting that job losses will continue to accelerate … [Read more...] about Three Numbers That Show Just How Hard Coronavirus Job Losses Are Hitting U.S. Workers

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Goldman Sachs Predicts 37 Million Jobs Lost By The End Of May

April 15, 2020 by www.forbes.com

Share to Twitter Share to Linkedin TOPLINE Goldman Sachs analysts are expecting that U.S. total unemployment claims could reach 37 million for the period between March and the end of May. KEY FACTS Since the coronavirus crisis began, nearly 17 million people have applied for temporary unemployment benefits, according to data from the Labor Department; Goldman is predicting that an additional 5.5 million claims will be reported tomorrow. In March, the monthly unemployment rate inched up to 4.4% from 3.5% in February. Goldman analysts say this statistic is harder to pinpoint than weekly claims because it depends on how workers who have lost their jobs are counted; about 60% of laid-off workers were not counted in the March data because they said they either did not want a job or were no longer looking. March data lagged the current unemployment situation because the government survey was conducted in the first half of the month, before the … [Read more...] about Goldman Sachs Predicts 37 Million Jobs Lost By The End Of May

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Waitress has double lottery win

March 18, 2020 by thethaiger.com

OHTI: - File photo A waitress from Ban Sabah Village in Lampang rovince won 12 million baht in yesterday’s national lottery by pure luck, after she couldn’t a ticket with her license plate number. The woman says she initially knew the exact number that she wanted to buy, but as there were no tickets with the number, the vendor gave her two random tickets. She was shocked when she realised the big win, but insists she’ll continue living a normal lifestyle. “Oh, no, I’m not going to quit my job” Thai news site Khaosod News got notification yesterday that someone had won the lottery, with a jackpot of 12 million baht. The woman, as it turns out, is a 50 year old waitress from Ban Sabah Village in Lampang Province in Thailand’s north, near Chiang Mai. She says that just a day before the official draw date she was working as usual in the restaurant. A lottery vendor came in and offered to sell her lottery tickets. After the lottery numbers were … [Read more...] about Waitress has double lottery win

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Unemployment Claims Top 20 Million As A Further 5 Million People Apply For Benefits

April 16, 2020 by www.forbes.com

Share to Twitter Share to Linkedin TOPLINE More than 5 million Americans applied for unemployment benefits for the third week in a row, pushing the total number of newly unemployed people to 22 million since the coronavirus crisis forced most businesses to close. KEY FACTS A further 5.2 million people applied for unemployment benefits for the first time in the week ending April 11, 2020, the latest report from the Labor Department shows . On Tuesday, Goldman Sachs analysts predicted that some 37 million unemployment claims could be made between March and the end of May. Thursday’s figures mark a second consecutive decline in claims on the previous week, but whether or not claims have reached their peak remains to be seen. This is partly because state employment offices, particularly in New York and Florida, have been overwhelmed by applications. Key background: The coronavirus pandemic has wreaked havoc on the labor market, … [Read more...] about Unemployment Claims Top 20 Million As A Further 5 Million People Apply For Benefits

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Amazon’s severance packages for 18,000 laid-off employees cost $640 million

February 3, 2023 by www.moneycontrol.com

Amazon Amazon’s decision to lay off more than 18,000 employees last month amid a difficult macro-economic environment cost the company $640 million in severance packages in the December quarter. According to the company, the figure also included severance packages of employees who were let go in January. “We took a $640 million charge tied to the position elimination that we announced in Q4. A lot of that fell into Q1 into mid to late January. So the way to think about it is: for the terminations in January, the salaries for the first 3 weeks are covered in operating results for Q1,” Amazon CFO Brian Olavsky said in an earnings call. “But the period after that, where there's weeks or months of severance coverage, job placement, a lot of those costs are what the $640 million charge was in Q4,” he explained. Most of the job eliminations by the company primarily impacted its stores and device businesses as well as human resources teams. The severance charges were recorded … [Read more...] about Amazon’s severance packages for 18,000 laid-off employees cost $640 million

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Want To Visit Hong Kong? Half Million Air Tickets For Free: How To Get Them

February 3, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Over the next six months, starting in March, the city of Hong Kong will be giving away 500,000 air tickets for free as part of its “Hello Hong Kong” campaign to revitalize its tourism sector. The new global promotional campaign — in the works for more than two years — was launched on February 2 by Hong Kong’s leader, John Lee Ka-chiu, as the city reopens to international travelers. “Hello Hong Kong” is the result of a government relief package that was given to airlines at the height of the pandemic “to ease their liquidity pressure,” according to the Hong Kong Airport Authority. “Hong Kong will pay for your plane ticket to visit in 2023,” boasts the headline in Time Out Hong Kong adding that “the Hong Kong tourist board had announced plans to give away half a million free plane tickets, and now it’s finally, officially happening.” MORE FROM FORBES Ranked: The 32 Best Villages Of The World To Visit … [Read more...] about Want To Visit Hong Kong? Half Million Air Tickets For Free: How To Get Them

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It’s 32 Million PS5 Sales To How Many Xbox Sales, Exactly?

February 3, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Sony just released results of a blockbuster quarter for the PS5, now that supply has finally been boosted and they can start producing units at a reasonable clip. The headline is that PS5 sales have now climbed to 32 million, with 7.1 million consoles sold in the last three months alone, a dramatic increase over the 3.9 million sold in the same quarter last year. The early supply shortages, however, have indeed hamstrung the PS5 to this day, as even with this new surge, the PS5 is still lagging behind PS4 sales, which hit 37 million units by this period in its lifespan a generation ago. In terms of its competition, the Nintendo Switch may be two generations worth of power behind Microsoft and Sony now, but it’s continued to sell like crazy, and the last report is 114.33 million units sold since 2017, even as fans are hoping a new model is coming out in the next year or two. Microsoft is…a more complicated … [Read more...] about It’s 32 Million PS5 Sales To How Many Xbox Sales, Exactly?

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Close-Up Photographer Of The Year: 22 Striking, Winning Images

October 25, 2021 by www.forbes.com

Share to Twitter Share to Linkedin Under the motto “see the world anew,” more than 9,000 photographers from 56 countries entered this year’s Close-up Photographer of the Year (CUPOTY) competition devoted to close-up, macro and micro photography. Close-up Photographer of the Year, founded in 2018 by photojournalists Tracy and Dan Calder, is an annual competition organized in association with Affinity Photo to encourage photographers to slow down, enjoy their craft, and make long-lasting connections with the world around them. The international contest, now in its third year, awarded the title to photographer Pål Hermansen for a remarkable image of insects discovered in a defective lamp on the side of his house in Norway (below). “I emptied the lamp and spread the contents onto a large light-table I had left over from my slide days,” explained Hermansen. “I wanted to express the chaos and diversity of this discovery, but also to find some kind of … [Read more...] about Close-Up Photographer Of The Year: 22 Striking, Winning Images

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