Nation
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Louisiana businessman sells company for $1.7B, allocates $240M as bonuses for employees
The deal in which Eaton acquired Fibrebond committed payouts averaging over $400,000 to each of the 540 employees, to be paid out over five years.
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Even after near-record returns, California state retirement fund still $166B short
Taxpayer-funded Legislative Analyst’s Office warns the state should be ready for a possible stock market peak and downturn, worsening the 12-figure pension shortfall.
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Single ticket in Arkansas wins $1.8 billion dollar jackpot in Christmas Eve lottery bonanza
It was the second largest jackpot in US history, and only the second time someone won Powerball on Christmas Eve.