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Another blow for heartland workers: Slashed pensions

February was a bad month for Larry Burruel and thousands of other retired Ohio iron workers. His monthly take-home pension was cut by more than half from $3,700 to $1,600. Things have been rough in the Rust Belt, but this was a particularly powerful punch in the pocketbook for Burruel, who started in the trade at 19 and worked 36 years before opting for early retirement to make way for younger workers. Unfortunately, this sagging industry doesn’t have enough younger workers to pay for retirees like Burruel, whose pension plan…

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New 10-pound note features Jane Austen

LONDON — Two hundred years to the day after Jane Austen died, a new 10-pound note featuring an image of one of England’s most revered authors has been unveiled — right where she was buried. At the unveiling Tuesday of the new “tenner” at Winchester Cathedral in southern England — the final resting place of Austen — Bank of England Governor Mark Carney said the new note celebrates the “universal appeal” of Austen’s work. The BBC also reports that a limited supply of a new 2-pound coin honoring Austen was put into…

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Mediterranean-style diet linked to lower risk of dementia

Eating right may help protect your brain health in old age, according to four new studies. In particular, the Mediterranean-DASH Intervention for Neurodegenerative Delay (MIND) diet lowered people’s risk of dementia, two studies concluded. The MIND diet is a hybrid of the Mediterranean diet and the DASH (Dietary Approaches to Stop Hypertension) diets, both of which were originally designed to help improve heart health. Seniors who carefully followed the MIND diet had a 35 percent lower risk of declining brain function as they aged. The MIND diet: 10 foods that…

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2 ex-Vatican hospital execs face embezzlement charges

Last Updated Jul 18, 2017 7:59 AM EDT ROME — Two senior ex-Catholic Church officials — the president and treasurer of the Vatican‘s own prestigious pediatric hospital — went on trial Tuesday to defend themselves against allegations that they diverted almost $500,000 in hospital donations to renovate a cardinal’s retirement home. As CBS News correspondent Seth Doane reports, the scandal sounds like something right out of a crime novel; It involves one of the Catholic Church’s top cardinals, the renowned Bambino Gesu children’s hospital and criminal charges of embezzlement for…

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Flea Says Red Hot Chili Peppers Retirement Talk Is Silly

Flea Squashes Rumors … RHCP Has Zero Retirement Plans! EXCLUSIVE The Red Hot Chili Peppers aren’t retiring anytime soon, at least not according to Flea — but it might depend on who you ask in the band. The legendary bassist was in Switzerland — where RHCP’s headlining the Paleo Festival — and we asked him about the big rumor that this could be their last tour. Flea says that would be news to him, and anyone else in the band, because they’ve made no plans to hang it up. The retirement buzz…

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Michael Flynn returns to beach town where he grew up surfing

MIDDLETOWN, R.I. — Former national security adviser Michael Flynn, at the center of multiple probes into Russia’s interference in the 2016 presidential election, seeks sanctuary from the swirling eddy of news coverage in the beach town where he grew up surfing and skateboarding, one of nine siblings crammed into a 1,200-square foot house. Middletown is his refuge and the ocean is his therapy, and he’s spent recent weeks here surfing and figuring out his path forward, according to friends and family members. They say the man they have known since…

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