Disney’s Television Group Likely to Get Hit with a String of Layoffs Media entertainment giant Walt Disney Co is initiating a restructuring effort that will allow it to cut the annual costs of its television division by about 10%. Up to 300 jobs are at stake as Disney seeks to reduce is operating expenses.
Harvey-Stricken Houston Homeowners Could Default on Their Mortgages Many Houston, Texas homeowners have been forced to leave their homes that were destroyed by Hurricane Harvey and the resultant flooding. Finding a place to live is their biggest worry now, so covering their monthly mortgage payments may no longer be on their agenda. Affected homeowners do not know (more…)
Numbers don’t lie. But maybe they sometimes do. U.S. revised second-quarter gross domestic product (GDP) came in at three percent, but billionaire investor Warren Buffet said it certainly doesn’t feel like three percent. According to the Commerce Department, the U.S. economy grew faster than expected in the second quarter, notching its quickest pace in more (more…)
Despite depleted retirement savings, a recent study has found that the majority of Americans will need nursing home care at some point in their lives. The study results are a stark contrast to the 35% estimate used by the U.S. Department of Health and Human Services.
If you’re from Maryland it’s about to get a lot more expensive to stay healthy. Those insured through the individual health exchange will see their premiums soar by as much as 50% in 2018.