Long-term-care insurance was supposed to help pay for nursing homes, assisted living and personal aides. Now, though, the industry is in financial turmoil, causing misery for many of the 7.3 million people who own a long-term-care policy.
Turkey is amassing troops on the border with Syria and has said it would launch full-scale attacks on the Kurdish forces there that helped the U.S. beat back Islamic State, as the defeat of the extremist group makes way for old rivalries to resurface.
British aircraft-engine maker Rolls-Royce said it may sell its commercial-marine business, joining rival industrial giants such as General Electric in taking steps to reinvent themselves under activist investor pressure.
Former American ambassadors to 48 African nations have urged President Donald Trump to reassess his views on Africa and its citizens after he was reported to have referred to nations there as “shithole countries.”
Saudi Arabia on Wednesday said it would inject $2 billion into Yemen’s central bank to stabilize the nation’s currency, as international criticism grew over the kingdom’s role in a war that has killed thousands and ravaged the economy
Mandatory retirement might seem like a relic but it remains common at accounting firms. But one firm in the top 100, PKF O’Connor Davies LLP, turns the practice upside down, seeking out and hiring senior accountants who have aged out at other firms