First Powerball Winners: We Were Shocked
Nov. 30 (Bloomberg) -- Mark and Cindy Hill, of Dearborn, Missouri, are the first winners of the record $588 million Powerball jackpot to go public. The Hills are taking the lump-sum option ($293,750,000 before taxes, about $136.5 million after taxes). Here are highlights of their press conference. (Source: Bloomberg)
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"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
12:54 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)