No winners drawn in Saturday night’s Powerball drawing, sending its jackpot soaring over $620 million while Mega Millions is over $1.6 billion

Justin Sullivan/Getty Images There were no winners in Saturday night’s Powerball lottery drawing, putting the jackpot at $ 620 million. No one won the last Mega Millions drawing either, sending its jackpot soaring over $ 1.6 billion. The two jackpots are now worth more than $ 2.2 billion combined. The massive Mega Millions jackpot has […]

Trump Lawyer Michael Cohen Negotiated $1.6 Million Settlement for Top Republican Fundraiser

The 2017 deal was on behalf of Elliott Broidy, a businessman who faced allegations he impregnated a former Playboy model. It resembles a settlement Michael Cohen arranged involving President Trump and porn actress Stormy Daniels, which is now a topic of federal law-enforcement scrutiny.

Malaysia is giving away $1.6 billion in free money to its citizens, and rejects claims it is using the funds to influence some voters

ISHARA S. KODIKARA/AFP/Getty Images Malaysia’s government is rolling out $ 1.6 billion of cash giveaways this week. The 1Malaysia People’s Aid is supposed to be an aid package to help 7 million residents around the country, but the opposition claimed the purpose was to buy votes. Prime Minister Datuk Seri Najib Razak rejected those claims, saying […]

Toyota, Mazda $1.6 billion plant goes to Alabama, sources say

Alabama will be the site of a new $ 1.6 billion Toyota and Mazda auto plant, a victory for President Donald Trump who had prodded manufacturers to build new U.S. facilities and threatened tariffs on foreign production, sources said on Tuesday. The plant, which will employ up to 4,000 people and produce about 300,000 vehicles […]

Toyota and Mazda will announce a new $1.6 billion auto plant in Alabama

Reuters/Carlos Barria Alabama will be the site of a new $ 1.6 billion Toyota and Mazda auto plant. The pending facility was seen as a victory for President Donald Trump, who has pushed for increased manufacturing in the US. The plant will employ up to 4,000 people and produce about 300,000 vehicles a year. (Reuters) […]

Spotify hit with $1.6 billion lawsuit from major music publisher Wixen

(Reuters) — Music streaming company Spotify was sued by Wixen Music Publishing Inc last week for allegedly using thousands of songs, including those of Tom Petty, Neil Young and the Doors, without a license and compensation to the music publisher. Wixen, an exclusive licensee of songs such as “Free Fallin” by Tom Petty, “Light My […]

‘Star Wars: The Last Jedi’ Zooms Past $800 Million at the Box Office, Might Make as Much as $1.6 Billion

After less than two weeks in theaters, Star Wars: The Last Jedi has surpassed $ 800 million at the global box office. As of this writing, BoxOfficeMojo puts the movie’s worldwide grosses at more than $ 815 million, and some box office analysts are predicting that the latest entry into the Star Wars franchise could finish its […]

People told the MongoDB founders they were ‘completely crazy’ and now the company is worth $1.6 billion

MongoDB IPO A decade ago, people told the MongoDB founders they were crazy to try and build their tech company in New York instead of Silicon Valley. On Thursday, MongoDB proved the naysayers wrong with a successful IPO. It’s been a “surreal” experience for one of its founders, 36-year-old Eliot Horowitz, he tells Business Insider. On Thursday, […]

$1.6 billion startup MongoDB could be worth less than $1 billion when its IPO happens next week

Unicorn startup MongoDB has taken another step toward its IPO by offering a price range for its shares. It plans to price shares between $ 18 and $ 20 apiece it said in an updated prospectus filed with the SEC. The IPO is generally expected to take place on October 19. At the mid price, MongoDB […]

Toyota and Mazda join forces to build $1.6 billion factory in the US

Enlarge / Toyota President Akio Toyoda, left, and Mazda President and CEO Masamichi Kogai, right, shake hands during a photo session at a joint press conference on August 4, 2017 in Tokyo, Japan. (credit: Tomohiro Ohsumi/Getty Images) On Friday, Toyota Motor Corp. and Mazda Motor Corp. signed a deal to enter into an alliance. As […]