Business news

• Pennsylvania man buying supplies for a party wins big in Maryland lottery

  01-06-2024 23:37 via foxbusiness.com
  
  A man from Pennsylvania turned a pit stop in Maryland into quite the payoff when he won more than $160,000 in the lottery. "I had Memorial Day on my mind as I was driving through Laurel," the man, a financial planner from Philadelphia, told the Maryland Lottery in a May 31 news article posted on their website. Laurel is located between Washington, D.C., and Baltimore. MEGA MILLIONS JACKPOT RISES TO $560 MILLION AFTER NO GRAND PRIZE WINNEROn that day, May 23, the man remembered tha
  
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• Lamar Jackson's decision to skip Ravens' voluntary OTAs costing him major payday: report

  01-06-2024 22:51 via foxbusiness.com
  
  Lamar Jackson enters the 2024 season with the pressure on him to get the Baltimore Ravens to another Super Bowl title mounting as the days trickle down to kickoff.Jackson appeared to take more time for himself in the offseason as he decided to skip voluntary organized team activities (OTAs) to end the month of May, but the decision was reportedly a costly one.CLICK HERE FOR MORE SPORTS COVERAGE ON FOXBUSINESS.COMThe reigning NFL MVP has an offseason workout bonus in his contract to the tune of $
  
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• American Airlines kicks off D-Day 80th anniversary trip for World War II veterans to Normandy

  01-06-2024 21:07 via foxbusiness.com
  
  American Airlines kicked off its D-Day 80th anniversary trip to Normandy, France, with 70 World War II veterans on Friday at Dallas Fort Worth International Airport.The veterans enjoyed a kickoff dinner Thursday night at American Airlines headquarters in Forth Worth, Texas, before their AA flight to Paris, and took part in a parade to the airport on Friday afternoon.The veterans were sent off with an address from actor and founder of the partnering group, Gary Sinise of the Gary Sinise Foundatio
  
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• Gin made from England-sourced honey available in US following global spirit distributor's acquisition

  01-06-2024 20:10 via foxbusiness.com
  
  A gin brand in England is introducing its local honey-infused booze to U.S. markets around the country following its acquisition by a global family-owned spirits distributor.Silent Pool Gin is crafted from 24 botanicals and locally sourced honey right from the distillery's backyard dwellings. The inspiration for the craft product — the historical and mystical spring-fed lake Silent Pool — sits behind the distillery, and the first series of bottles was revealed by the brand in 2015.Wh
  
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• Ticketmaster owner Live Nation confirms data breach

  01-06-2024 17:34 via cbc.ca
  
  Live Nation Entertainment says it's investigating a data breach at its Ticketmaster unit, the latest in a string of high-profile corporate hacks in the past year.
  
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• See it: Porsche unveils new 911 hybrid

  01-06-2024 15:00 via foxbusiness.com
  
  German automaker Porsche on Tuesday unveiled the new 911 Carrera GTS which is the first street-legal 911 that uses a hybrid powertrain.The hybrid sports car features a lightweight T-Hybrid system that features a newly-developed electric exhaust gas turbocharger, which was designed based on knowledge from motor racing. The integrated electric motor, which is between the compressor and turbine wheel, brings the turbocharger up to speed instantaneously and builds up boost pressure, while also
  
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• Elon Musk accused of $7.5 billion insider trading in lawsuit from Tesla shareholder

  01-06-2024 13:19 via foxbusiness.com
  
  Tesla CEO Elon Musk was accused of insider trading in a lawsuit filed Thursday by a Tesla shareholder in Delaware Chancery Court.Shareholder Michael Perry claims in the filing that Musk sold over $7.5 billion of shares of his electric car company in late 2022 before potentially disappointing production and delivery numbers were made public. Perry said Tesla's stock took a nose dive after the company's fourth-quarter numbers went public on Jan. 2, 2023, and claimed that Musk "improperly bene
  
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• Mega Millions jackpot rises to $560 million after no grand prize winner

  01-06-2024 10:04 via foxbusiness.com
  
  The Mega Millions jackpot increased to an estimated $560 million after no tickets matched the winning numbers during Friday night's drawing.The winning numbers drawn on Friday were 4, 11, 23, 33 and 49 with a Mega ball of 23. The Megaplier was 4X.Nobody won the estimated $522 million jackpot Friday night, but one player in California matched all five white balls — and minus the Mega ball — to win $1 million.MEGA MILLIONS JACKPOT GROWS TO $489 MILLION AFTER NO GRAND PRIZE WINNERThe ne
  
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• Washington educator wins $200,000 jackpot after Teacher Appreciation Week

  01-06-2024 01:15 via foxbusiness.com
  
  Each year, "Teacher Appreciation Week" is observed during the month of May — and for one preschool teacher in Washington state, her "appreciation" came in the form of some good luck from the universe. A resident of Edmonds, Washington identified only as "J.C." stopped at a Safeway grocery store on May 11 to get coffee with her mother before a day of running errands, Washington's Lottery said in a May 31 press release. Edmonds is north of Seattle.KENTUCKY FATHER AND DAUGHTER BOTH
  
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• Romance Writers of America files for bankruptcy amid racism spat, with $3M in hotel debt

  01-06-2024 01:14 via foxbusiness.com
  
  Hang up the ripped bodices, give Fabio the bad news and cue the lawyers: the Romance Writers of America, a nonprofit devoted to helping romance writers build their careers, is headed to bankruptcy court.As with so many affairs of the heart, trouble started in a hotel, or more precisely with hotel bills for the organization's flagship annual conference, which the group said it could not pay in its bankruptcy filing on Wednesday in Houston, Texas.RWA membership has declined sharply due to recent c
  
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• Pfizer sees lung cancer drug topping $1 billion in sales following impressive 5-year data

  01-06-2024 00:46 via foxbusiness.com
  
  Pfizer said it expects its cancer drug Lorbrena to top $1 billion in annual sales by 2030 on the strength of data presented on Friday showing most patients treated for a rare form of advanced lung cancer in a clinical trial were alive without the disease worsening after five years.Lorbrena, like Pfizer's Xalkori, is designed to treat cancer with a mutation of a specific gene called anaplastic lymphoma kinase, or ALK.Sixty percent of ALK-positive patients with advanced lung cancer who were treate
  
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