The Tennessee Education Lottery Corporation announced Tuesday it raised $113,820,000 for education in the Volunteer State during the third quarter of Fiscal Year 2024 (FY24), which spanned from January 1 through March 31.
“The Lottery is proud to announce this quarter’s results, which reinforce our commitment to funding vital education programs for Tennesseans,” Tennessee Education Lottery President and CEO Rebecca Paul said in a statement.
Read the full story
El Salvador has accumulated more than $30 million in profits by retaining bitcoin reserves, after becoming the first country in Latin America to adopt this digital currency in an initiative led by President Nayib Bukele since 2021.
Bitcoin , the most used cryptocurrency , soared this Wednesday, reaching November 2021 levels and exceeding $60,000 , after surpassing $57,100 the day before, which has generated profits for the Central American country.
Read the full story
The biggest bank in America announced huge profits Friday after previously striking a deal with federal regulators to buy the failed First Republic Bank.
JPMorgan Chase reported $14.5 billion in net income for the second quarter of 2023, which is up 67% compared to the previous quarter and 40% excluding First Republic, according to JPMorgan’s earnings release. First Republic failed in May after a bank run, requiring federal regulators to seize the bank and have other large banks bid on its sale, leading JPMorgan to acquire the bank and maintain funds for depositors.
Read the full story
Target’s profits have been suffering this year — much of it, by their own admission, due to “organized retail crime.”
After releasing its third quarter earnings, the Minneapolis-based retail giant told reporters on an earnings call that it had thus far lost $400 million in gross profit margin compared to last year.
Read the full story
As Ford grapples with nearly $1 billion in elevated expenses from suppliers due to inflationary pressures, those same suppliers have been unable to provide parts for nearly 45,000 trucks and SUVs, forcing them to be left unfinished in the third quarter.
Read the full story
The Georgia Lottery brought in more than $367.2 million in profits during the third quarter of fiscal 2022, state officials said.
For the first three quarters of fiscal 2022, between July 1, 2021, and March 31, the lottery transferred more than $1.1 billion to the state’s Lottery for Education Account. Since its inception, the lottery has transferred more than $24.6 billion to the state.
Read the full story