A formerly-obese man whose weight crisis was aired on global TV has amazingly turned his life around. After having surgery, transforming his diet, changing his lifestyle, and—not least of all—adopting a new mental outlook, he’s lost nearly 400 pounds and today says with confidence: “I’m happy with who I am.” Now 38, Casey King from…
Obese Young Man Weighed 820 Pounds Now Unrecognizable After Dropping 600 Pounds
The Various Costs of Dying
As a culture, we don’t like to talk about death. Even though it’s the destination we all share, regardless of our beliefs, most of us prefer not to think about it. Unfortunately, this aversion leaves most of us unprepared for death when it arrives, making things harder for the loved ones left to manage our…
Australia’s Nursing Home Sector a ‘Mess,’ Bleeding $7,000 per Bed Every Year: Report
Australia’s residential aged care and home care sector is operating at a loss with a recent survey finding that each bed is losing over $7,000 (US$4,700) per year—a loss in excess of $345 million for the September quarter. This follows a 2022 population report that found Australia’s ageing population could pose a strain on the…
Boeing Posts $3.3 Billion Loss on Costs Tied to Defense Programs
Boeing reported a surprising $3.3 billion loss for the third quarter Wednesday, as revenue fell short of expectations and it took huge losses for fixed-cost government programs including new Air Force One presidential jets. The company blamed higher manufacturing and supply-chain costs for driving the losses in government programs. CEO David Calhoun said Boeing remains…
Moody’s Says Credit Suisse Could Suffer $3 Billion Loss in 2022
NEW YORK—Rating agency Moody’s Investors Service expects losses for Credit Suisse to swell to $3 billion by year-end, potentially bringing its core capital below the key 13 percent level, Moody’s lead analyst on the bank told Reuters. Credit Suisse has reported 1.9 billion francs ($1.92 billion) of losses in the first half of the year….
Buffett’s Firm Reports $44 Billion Loss as Portfolio Value Falls
OMAHA, Neb.—Warren Buffett’s company reported a $43.76 billion loss in the second quarter as the paper value of its investments plummeted and he bought significantly fewer stocks, but Berkshire Hathaway’s many operating companies generally performed well. Berkshire said Saturday that a largely unrealized $53 billion decline in the value of its investments forced it to…
Allianz Shells Out 140 Million Euros to Shut US Fund Unit After Fraud
FRANKFURT, Germany—Allianz spent around 140 million euros ($143.11 million) on restructuring to wind down a U.S. funds unit at the center of a multi-billion fraud, the German insurer disclosed on Friday, an expense that added to a worse-than-expected 23 percent fall in quarterly profit. Allianz in May agreed to shut down the unit, Allianz Global…
Air Canada Reports Q2 Loss, Posts a Nearly Five-Fold Jump in Revenue
Air Canada reported a second-quarter loss of $386 million compared with a loss of $1.17 billion a year earlier, and says it saw a nearly five-fold increase in revenue. The airline says its loss for the three months ended June 30 totalled $1.60 per diluted share, compared with a loss of $3.31 per diluted share…
Snap’s Report Incinerates $80 Billion in Ad Industry Market Cap
Facebook-owner Meta Platforms, Google-owner Alphabet, and other companies that sell online ads lost about $80 billion in combined stock market value on Thursday after Snap posted poor quarterly results and warned of an uncertain outlook. Slammed by a weakening economy, increased competition from TikTok, and recent privacy changes on iPhones, the Snapchat owner missed second-quarter…
Life After Loss
Two months earlier, Mita’s partner had died suddenly. “I hate this. I hate it so much. When will it get better?” she asked. Her plea carried the familiar chest-crushing tune of grief. As a widow of three years, I knew too well that the truth would seem incongruous if not insulting. So all I said…
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