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When working into retirement can cost you

Click to expand Replay Video SETTINGS OFF HD HQ SD LO UP NEXT For some soon-to-be retirees, retirement will look a lot like their 9-to-5 life. Nearly 3 out of 4 Americans plan to work beyond traditional retirement age on at least a part-time basis, according to a recent Gallup poll. A separate AARP study found that 37 percent of working Americans ages 50 to 64 said they intend to work after retiring from their current careers. Of those, 44 percent plan to enter new fields. Of course, working in “retirement” has many financial benefits. Aside from the income, it can allow you to preserve your retirement savings for later in life and even keep building those assets in tax-advantaged retirement plans. (Contributions to traditional IRAs can only continue up to the year in which you...

LeBron chats up Lonzo, plays mind games with everyone

Replay Video SETTINGS OFF HD HQ SD LO LeBron James spoke with Lonzo Ball for a few seconds after the two faced off Thursday night in Cleveland, but why did Bron make like a pitcher for his beloved Yankees and keep good (and bad) lip-readers from trying to decipher what he was telling the Lakers rookie? Just makes us want to know all the more, doesn’t it? (Maybe that’s why.) .@KingJames pulled @ZO2_ aside after the game. pic.twitter.com/HqeJxqWM2i — NBA TV (@NBATV) December 15, 2017 When LeBron was asked about that meeting afterward, he went ahead and tried to demolish the internet. First, this response to TNT’s Kristen Ledlow: “I didn’t tell him anything. (Smiles.) I didn’t tell him anything, it’s not for everybody. There’s enough noise out t...

Ivory sales in China end this month. But elephants aren’t yet safe.

© Yan Cong/For The Washington Post Ivory-carving artist Li Chunke works on a Gautama Buddha statue in his ivory workshop in Beijing on December 10. Li has worked carving ivory since 1964 when he was 15 years old. BEIJING — Li Chunke began carving ivory after leaving school as a 15-year-old boy. Today, at 68, this master craftsman is working until the early hours of every morning, trying to finish a 20-inch statuette of Buddha on an unforgiving deadline — before China implements a total ban on ivory sales at the end of this month. The art of ivory carving survived even the tumult of China’s Cultural Revolution, but he’s worried it may soon die out.  “What makes China great is that its traditional culture still exists,” he said. “If it disappears in China, it wi...

Russell Simmons Says He Will ‘Defend’ Himself Following Rape Claims

Music mogul Russell Simmons said on Instagram that he plans to defend himself a day after a New York Times story published claims by three women saying he raped them. The allegations in the Times’ Wednesday report stem from the 1980s and 1990s. Simmons denied the allegations Wednesday and again on Thursday. “Today, I begin to properly defend myself. I will prove without any doubt that I am innocent of all rape charges,” Simmons wrote Thursday on Instagram. ​Simmons posted his words under a photo that read #NotMe, explaining that he isn’t trying to go against the anti-harassment movement #MeToo, where millions have shared their stories about being sexually harassed and assaulted. “My intention is not to diminish the #MeToo movement in any way, but instead hold my accusers accountable,” he w...

Indonesia sentences gay club workers to 2 years in prison

An activist says an Indonesian court has sentenced eight men involved in running a gay club and sauna to two years in prison. They were among more than 140 men detained after a raid in May on what police said was a sex party at the Atlantis spa in Jakarta. Most were released as homosexuality is not illegal in Indonesia, but 10 men were charged under anti-pornography laws. Imam Shofwan from Pantau Foundation, which has been monitoring the trial, says the sentencing occurred Thursday. A North Jakarta District Court spokesman did not answer calls Friday. Those sentenced included a director and several employees including strippers, a gym trainer, a receptionist and a security guard. Shofwan says verdicts for two defendants who allegedly performed oral sex were adjourned until next week.

Long Island woman laundered money to ISIS through Bitcoin, prosecutors say

Zoobia Shahnaz, 27, was indicted Thursday after she allegedly laundered more than $85,000 through Bitcoin and other cryptocurrencies overseas to the Islamic State.  (REUTERS) A Long Island woman was indicted Thursday after she allegedly laundered more than $85,000 through Bitcoin and other cryptocurrencies overseas to the Islamic State. Zoobia Shahnaz, 27, of Brentwood, was charged in federal court with bank fraud, conspiracy to commit money laundering and three counts of money laundering, according to the U.S. Attorney’s Office. Shahnaz, between the months of June and July, allegedly used 16 credit cards that were fraudulently obtained to purchase nearly $63,000 in Bitcoin and other cryptocurrencies. She was also allegedly able to obtain a loan from a Manhattan bank for approximately $22,...

Mario Batali cut from ABC’s ‘The Chew’

Famed chef Mario Batali has been fired from ABC’s “The Chew” following numerous allegations of sexual misconduct. “Upon completing its review into the allegations made against Mario Batali, ABC has terminated its relationship with him and he will no longer appear,” on the show, an ABC spokesperson wrote in a post on the show’s Facebook page. “While we remain unaware of any type of inappropriate behavior involving him and anyone affiliated with our show, ABC takes matters like this very seriously as we are committed to a safe work environment and his past behavior violates our standards of conduct,” the statement read. Batali, 57, has been accused of sexual harassment by multiple women — employees and a fellow chef — who have alleged the chef grabbed and groped them, both in the workplace a...

Startup Thor Trucks drops the hammer on Tesla with wild-looking electric semi

 (Thor Trucks) Nikola Tesla may have harnessed electricity, but Thor is the god of lightning and thunder. That may explain why a California startup looking to make some noise in the battery-powered semi business has assumed the Asgardian’s name. Thor Trucks is the brainchild of Dakota Semler, the scion of a family that used to run a trucking company comprised of a fleet of diesel semis, but had to walk away from it under the weight of increasing EPA regulations and the economic downturn of the Great Recession. With that in mind, he’s had his eye on the growing electric truck business ever since, and the pieces came together last year to move forward with a vision to build Class 8 semis for the short haul vocational segment. Thor’s first effort is a curated prototype that’s built on a conve...

NYPD reviewing rape claims against Russell Simmons as another accuser comes forward

Russell Simmons, pictured in 2015, has been accused of sexual misconduct by 12 women since last month.  (Scott Roth/Invision/AP) The New York Police Department is reviewing allegations of rape and sexual assault against Def Jam co-founder Russell Simmons, an NYPD spokeswoman confirmed to Fox News late Thursday. “The NYPD has received information regarding allegations involving Russell Simmons in the New York City area and our detectives are in the process of reviewing that information,” the spokeswoman said. On Wednesday, The New York Times published a story in which three woman accused Simmons of raping them. The allegations stem from the 1980s and 1990s. On the same day, the Los Angeles Times published claims by five different women who accused Simmons of sexual misconduct. T...

Prosecutor: Investigators ‘didn’t do their jobs’ in probe of police killing of unarmed Australian woman

A prosecutor in Minneapolis on Wednesday blasted investigators involved in the probe of the police-officer-involved shooting death of an unarmed Australian woman in July. Mike Freeman, the Hennepin County attorney, said he doesn’t have enough evidence to charge Somali-born Officer Mohamed Noor, who shot Justine Ruszczyk Damond in an alley behind her home. Damond had called 911 to report a possible sexual assault. As she approached the squad car, Noor fired from the passenger seat, across his partner and through the driver’s window. Officer Mohamed Noor, who shot Justine Ruszczyk Damond in the alley behind her home. His lawyer called the incident a ‘horrible tragedy,’ not a crime.  (Minneapolis Police Department) “I’ve got to have the evidence. And I don’t have it yet. And let m...