Business and Finance news

On a wind-beaten drilling rig a few miles off Louisiana’s coast, things are getting dicey.
"We have real rough conditions this morning," rig boss Greg Bramlett — aka Mountain Man — tells his crew during a shift change. "Seas are running eight to 10 foot swells."
With Hurricane Alex churning up the Gulf of Mexico, Bramlett […]

We provide no fax payday loans up to $1500, In 1-6 hours money direct in to yours bank account.

SAN FRANCISCO — This year, Netflix made what looked like a peculiar choice: The DVD-by-mail company decided that over the next two years, it would move most of its Web technology — customer movie queues, search tools and the like — over to the computer servers of one of its chief rivals, Amazon.com.
[…]

PlaneSmart! Aviation, which manages high performance aircraft, has opened a new headquarters at Addison Airport.
The company transformed an old maintenance building into an aircraft showroom, allowing it to accommodate more planes.
“Our business has expanded during hard economic times because the market found our service to be needed and desirable” said Michael Brosler, president and CEO. […]

Hawaii Medical Assurance Association on Thursday closed its deal to buy the fully insured health insurance membership of Summerlin Life and Health Insurance Hawaii.
The deal, first announced in February and recently approved by the state Insurance Division, makes HMAA the state’s second-largest preferred-provider health insurer with more than 46,000 members, after the addition of Summerlin’s […]

After months of negotiations, Ted Leonsis and the estate of Abe Pollin have agreed on a price for Leonsis to buy the majority stake in the Washington Wizards and Verizon Center, The Washington Post reported Thursday afternoon, citing sources familiar with negotiations.
Leonsis already owns 44 percent of the team. He also owns the Washington Capitals […]

Chinese authorities have reportedly warned Google Inc.'s partners that they must observe the country's censorship laws, too.
The New York Times cited an unnamed "industry expert" who said some big Google Web partners were told Friday to ready backup plans in case Google stops censoring search results on its local Chinese-language search engine.
The paper said, however, […]

General Motors has suspended production of Hummer vehicles pending Chinese government approval of its deal to sell the unit to Sichuan Tengzhong Heavy Industrial Machinery Co., a GM spokesman said Thursday.
The H3 and H3T, the last two Hummer models still being made, are produced at GM’s Shreveport, La., factory. The factory, which also makes […]

Twitter Inc. will reportedly try premium accounts in Japan through its subsidiary there, according to reports from Asia on Friday.
Media Asia reported that an official from DG Mobile, a subsidiary of Twitter's Japanese partner Digital Garage, talked about the plans at the Mobidec2009 conference.
The site said the premium accounts will show some text on tweets […]

In a sign that more foreclosures could be on the horizon, 23% of people with mortgages owe more than their home is worth, according to a report released Tuesday.
Almost 10.7 million U.S. mortgages were "underwater" as of September, said research firm First American CoreLogic.
Another 2.3 million homeowners are within 5% of negative territory, […]

Broad public support will be required to ensure Canada makes the right moves to expand pension coverage while the shortfall in retirement income is such a hot topic.
The question is whether politicians will hear from many of the potential 3.5 million middle-income workers whom pension expert Keith Ambachtsheer thinks would benefit most from […]