MADRID (AP) — After another brutal year of economic hardship, Spaniards across the country are hoping for relief when the country's famed Christmas lottery — the world's richest — pays out €2.5 billion ($3.3 billion) in tax-free awards on Saturday.
Almost everyone in the country of 46 million people will be glued to live TV to watch school children sing out the winning numbers for the lottery that...
Hurting Spaniards celebrate Christmas lottery wins
Labels: BusinessMADRID (AP) — Winners of Spain's cherished Christmas lottery — the world's richest — celebrated Saturday in more than a dozen locations where the top lucky tickets were sold, a moment of uplift for a country enduring another brutal year of economic hardship.
The lottery sprinkled a treasure chest of €2.5 billion ($3.3 billion) in prize money around the country. Champagne corks popped and festive cheer...
Working-class neighborhood in Madrid wins "El Gordo" lottery
Labels: BusinessMADRID (Reuters) - Unemployed Spaniards in a highly indebted commuter town in the outskirts of Madrid celebrated with joy after sharing the top prize in "El Gordo", the world's biggest lottery.
The 200-year-old Christmas draw doled out more than 2.5 billion euros ($3.3 billion) in prizes, with a top individual prize of 4 million euros. The smallest ticket, known as a "decimo" wins a tenth of the prize...
Florida governor asks Obama to block possible ports strike
Labels: BusinessMIAMI (Reuters) - Florida's Republican governor wants President Barack Obama to invoke federal law and order a cooling-off period if nearly 15,000 longshoremen walk off the job in a looming strike that would be a big blow to the state's economy, according to a letter he sent the president this week.
The International Longshoremen's Association union and the U.S. Maritime Alliance grouping of shippers...
Obama starts Hawaiian vacation, leaving Washington on ice
Labels: BusinessKAILUA, Hawaii (Reuters) - Taking what promised to be a very brief Christmas break from the ongoing struggle to avoid the "fiscal cliff" of tax hikes and spending cuts, President Barack Obama relaxed with his family on Saturday at a beach retreat in Hawaii.
Congress was to return to Washington next Thursday and Obama has pledged to work with lawmakers to strike a deal to avoid the economic shock from...
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Cleared Minnesota college coach fights suspension
Labels: SportsMINNEAPOLIS (AP) — A Minnesota college football coach who was cleared of child porn charges is fighting a suspension, his union said Thursday, although neither it nor the university would say what prompted the punishment or shed light on his prospects for reinstatement.Coach Todd Hoffner received a written notice from Minnesota State University, Mankato late Tuesday afternoon about a 20-day unpaid...
Finding the right footwear a constant challenge for offensive lineman Sewell
Labels: SportsWhen Matt Sewell starts the season with a new pair of football cleats, he'll go to great lengths to make sure they last.The McMaster Marauders hulking offensive lineman isn't superstitious or especially finicky about his footwear. It's just with size 17 feet, finding shoes that fit is a constant challenge.So when the six-foot-eight, 340-pound Sewell gets his hands on a suitable pair of shoes, he goes...
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