Why Do We Lavish So Many Resources on End of Life Rather Than Enhancing the Young and Working-Age?

Robert Varipapa, Neurologist, iOS Geek According to the Dartmouth Atlas, about 32% of total Medicare spending is incurred during the last two years of life. http://www.dartmouthatlas.org/da… “Last year, Medicare paid $55 billion just for doctor and hospital bills during the last two months of patients’ lives. That’s more than the ...

Hit by a scam

Kimberly Eberl, who owns Motion PR, was scammed out of $15,000. From raising capital to developing marketing and promotions strategies, starting and running a successful small business is never easy. Factor in the occasional fraud scheme, and things get especially dicey. According to the latest report by the Association of ...

Confessions of a con artist

Diann Cattani’s embezzlement started off as an innocent mistake and then quickly got out of control. NEW YORK (CNNMoney) — My first indiscretion was very accidental. I had been brought in as a project manager for a boutique human resources firm in Atlanta in the late 80s and early 90s.

Strike in Great Britain as Austerity Measures are Extended by Government

LONDON — Public sector workers on Wednesday began Britain’s biggest strike in a generation to protest austerity measures, a day after the British government said that it was falling behind with its deficit reduction plan and that the measures would drag on for two more years. Courts, schools, hospitals, airports ...

American Airlines files for bankruptcy reorganization

An American Airlines jet pulls into the gate area at Dallas/Fort Worth International Airport in this file photo. AMR Corp, the parent company of American Airlines, filed for voluntary Chapter 11 bankruptcy protection to restructure debt. American Airlines, the nation’s third-largest carrier, has filed for Chapter 11 bankruptcy reorganization, seeking ...

Stocks end mixed despite consumer confidence swing

Stocks ended mixed Tuesday despite early gains bolstered in part by a report showing that consumer confidence rebounded in November. Previously consumer confidence was at a 2-1/2 year low. It was the highest level since July. Strong retail sales over the Thanksgiving weekend helped to reassure investors that the U.S. ...

Hey East Coast entrepreneurs: We fail better than you. XO — your friends in the Valley

Apparently, the secret to Silicon Valley’s success isn’t just the good weather and smart people – turns out, the secret to our region’s entrepreneurial preeminence just may be the way we embrace failure. According to KPCB life-science (devices) partner Dana Mead – who notes he hails from the northeast — ...

Medicare in America: ‘It has to get better’

Everybody’s talking about making health care less expensive. But to do that, says departing Medicare chief Donald Berwick, first it has to get better. (MONEY Magazine) — As administrator of Medicare and Medicaid, Donald Berwick has been in charge of paying for the health care of nearly one in three ...

Citigroup’s $285 million SEC settlement rejected

Citigroup has been ordered to face trial over alleged securities fraud in July of next year. NEW YORK (CNNMoney) — A judge rejected a proposed $285 million mortgage securities fraud settlement between Citigroup and the Securities and Exchange Commission on Monday, saying the deal was “neither fair, nor reasonable, nor ...

British Hacking Scandal Widens to Government Secrets

LONDON — Britain’s hacking scandal was reported on Tuesday to have broadened significantly into areas of national security with police investigating whether private detectives working for the Murdoch media empire hacked into the computer of a government minister responsible for Northern Ireland. Scotland Yard declined to comment on the report ...

Judge rejects $285M SEC-Citigroup settlement

NEW YORK — A federal judge on Monday used unusually harsh language to strike down a $285 million settlement between Citigroup and the Securities and Exchange Commission, saying he couldn’t tell whether the deal was fair and criticizing regulators for shielding the public from the details of what the firm ...

Fitch keeps US credit rating AAA, dims outlook

The rating agency said it has less confidence in the federal government’s ability to take the necessary steps to rein in the deficit. A special congressional panel failed last week to reach agreement on $1.2 trillion in deficit cuts over the next decade. The impasse triggered automatic cuts of the ...

Newt’s $100 Million Gingrich Industrial Complex

The Post provides impressive details on the sources of Gingrich’s wealth — below is a partial list: A non-profit political operation — American Solutions for Winning the Future. Before disintegrating, the Post reported it generated $52 million and sourced the cash to pay for Gingrich’s  private jet travel at $35,000 ...

Want cheaper tuition? Find religion

Davis College, a christian school, cut tuition by up to 22% for the current school year. Some Christian colleges are cutting tuition by double-digit percentages, while others are capping the price of admission for all four years or offering huge discounts based on academic performance.

Euro Zone Leaders Weigh New Budget Rules

BERLIN — Euro zone leaders are discussing a deal among themselves to institute strict new budget rules for their countries, rather than go through the long, complicated process of amending European Union treaties. By acting more quickly, they hope to reassure skeptical financial markets and encourage the European Central Bank ...

European bond markets to weigh on Wall Street

NEW YORK — U.S. investors came to the Thanksgiving holiday table on last Thursday mostly thankful that the week was a short one, or losses could have been larger. As another round of news and bond auctions from Europe begins this week, traders will watch closely sovereign bond yields that ...

Black Friday sales hit record

NEW YORK (CNNMoney) — Preliminary reports for Black Friday indicate that retailers may have seen their strongest sales ever during the all-important kick-off to the holiday shopping season. Retail sales on Black Friday climbed 6.6% this year to an estimated $11.4 billion, according to ShopperTrak, which tracks foot traffic at ...