VENTURE CAPITAL POST

Ex-Sony Pictures Entertainment employees filed a proposed class action lawsuit on Wednesday regarding the breach of records with the entertainment company in U.S. District Court in Los Angeles.

Congressman Alan Grayson requested a memo that would lead to higher Social Security benefit increases and improve the retirement security of the elderly. The Congressman came up with a proposed legislation called "Seniors Deserve a Raise Act." It would give recipients of Social Security an increase that offsets the 40-year shortfall and make the CPI-E permanent. It will be filed when the Congress reconvenes.

Most consider their Social Security as their biggest asset. But to get the best from your lifetime benefits, you must know what and when to collect.

Gay couples can now collect their Social Security benefits, the government announced Thursday. According to the advisory, same-sex married couples who resides in states that haven't yet legalized their unions and who have filed claims for their Social Security benefits can now get those payments.

Education promises a brighter future. But for most of the students in the country, it means a $35,051-worth of student loans after graduation. In America, there are 40 million borrowers that collectively own more than $1.2 trillion. Out of all the borrowers in the country, some 8 million default on their debt.

Health insurer Anthem Inc said hackers broke into a database containing personal information on about 80 million of its customers and employees, the Wall Street Journal reported.

Morgan Stanley (MS.N) said on Monday it had fired a financial adviser who allegedly stole account information from about 350,000 of its wealth management clients and posted some of it online.

The U.S. Postal Service was the victim of a cyber attack that may have compromised the personal information of more than 800,000 employees, as well as data on customers who contacted its call center during the first eight months of this year.

Social Security continued to wait for their benefit increase announcement for their cost-of-living adjustment.

A report from the Government Accountability Office showed improper disability payments were made to Social Security beneficiaries amounting to USD 1.3 billion.