Skip to main contentSkip to main content

    Here are some of the notable people celebrating birthdays today, including Kenny Gamble, Steve Wozniak, David Henry Hwang, Viola Davis, Embeth Davidtz, Joe Rogan, Anna Gunn, Ashley Jensen and Sophie Okonedo. 

    German Chancellor Olaf Scholz says his government won’t leave citizens freezing or unable to pay their energy bills but acknowledges his country faces considerable challenges in the coming months. Rising fuel costs sparked by Russia’s war against Ukraine have put severe financial strain on many in Germany and beyond, raising concerns about a possible winter of discontent. During his annual summer news conference in Berlin, Scholz cited numerous measures the government already adopted to ease financial hardship and to secure alternative energy supplies to replace Russian oil, coal and gas. Asked whether he feared that frustration could boil over into violent protests, Scholz replied, “I don’t believe that there will be unrest ... in this country.”

    Relying on your business to fund your retirement is a risky bet. A business failure, health issues or shifting market conditions can leave you unable to retire fully. Rather than gamble on everything going right, diversify your nest egg so it will last you well into your later years. Prioritize setting aside even a small amount of your gross earnings and enlist an investment advisor or financial planner to help figure out which self-employed retirement plan makes the most sense for you and your business. If selling is still part of your plan, build a detailed exit plan and work with a broker to maintain an accurate valuation of your business.

    The Philippine president is threatening to fire top agricultural officials if an investigation shows they improperly announced a decision to import sugar amid a shortage without his approval. It’s the stiffest punitive step newly elected President Ferdinand Marcos Jr. could take against officials over an apparent irregularity early in his six-year term. He took office on June 30 after a landslide election victory. Presidential Press Secretary Trixie Cruz-Angeles says a resolution authorizing the importation of 300,000 tons of sugar was posted without Marcos Jr.'s knowledge. She says the president earlier rejected a proposal to import sugar to avoid damaging the domestic industry.

      Authorities say an eastern Indiana police officer was critically wounded and a man was injured in a shootout following a traffic stop. State police say Richmond Police Department Officer Seara Burton responded to a call about 6:30 p.m. Wednesday from other officers to assist with the stop involving a man who was riding a moped. Burton stopped the 47-year old rider and Burton’s K-9 partner indicated the possible presence of narcotics. While police were speaking with the man, he allegedly pulled out a gun and shot at police, wounding Burton. Other officers returned fire and the man was apprehended following a brief foot chase. Burton, a four-year veteran of the Richmond department, was hospitalized in Dayton, Ohio.

      Affiliate

      Get up-to-the-minute news sent straight to your device.

      Topics

      News Alerts

      Breaking News

      Husker News