Southland aerospace firms brace for defense cuts

For the last several months, Gregory Bloom has worried about his small Irvine aerospace business and what would happen if federal funds were held back or “sequestered” because of Congress’ inability to reach a budget agreement. And now his worst fears are approaching. Cuts in the nation’s defense budget could total $3.2 billion in California alone, and Bloom knows the Southland could be hit hard in the months ahead with payrolls, contracts and plans all in doubt Continue reading

What Is Retirement Singularity? Consider It Your Wake-Up Call to Your Financial Future – Video




What Is Retirement Singularity? Consider It Your Wake-Up Call to Your Financial Future Accelerating technology is leading to dramatic changes to our lives and our finances. Anti-aging and Rejuvenation therapies will radically extend life spans Continue reading

New Mexico laws could hamper spaceport, Wayne Hale states at symposium

Click photo to enlarge Lidnsay O’Brien Quarrie, chairman of Space Sciences Corp. of Lemitar, N.M., talks about a saucer-shaped aircraft, the MOLLER M200x, on Tuesday at the New Mexico Farm & Ranch Museum during the International Symposium for Personal and Commerical Spaceflight Continue reading

Health-care costs hit the elderly hard, diminish financial wellbeing

ScienceDaily (Sep. 4, 2012) The protection of the savings of the elderly — one of the primary goals of Medicare — is under threat from a combination of spiraling healthcare costs and increased longevity. Continue reading

DoD Names Citi as 2012 Secretary of Defense Employer Support Freedom Award Recipient

NEW YORK–(BUSINESS WIRE)– Citigroup today announced that it has been selected to receive the 2012 Secretary of Defense Employer Support Freedom Award by the Employer Support of the Guard and Reserve (ESGR), a Department of Defense (DoD) agency. Continue reading

Health care ruling: Five scenarios

The Supreme Court is set to rule on the constitutionality of the controversial health care law passed in 2010. STORY HIGHLIGHTS Washington (CNN) — The Supreme Court is set to release its much-anticipated rulings on the constitutionality of the Affordable Care Act, the comprehensive health care law enacted two years ago. Continue reading

‘Significant’ UM medical school cutbacks coming in May

University of Miami President Donna Shalala announced Tuesday that the medical school will take difficult and painful but necessary steps next month to reduce costs, including staff cuts.In a letter to employees, she called the cuts significant but provided no details about how many employees might be laid off. The process will take place in stages, and affected employees will be notified during the month of May, Shalala wrote Continue reading