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PMI unit seized by Arizona insurance regulators

The main subsidiary of mortgage insurer PMI Group Inc has been seized by Arizona insurance regulators, and will begin paying only 50 percent of claims starting on Monday, PMI Group said on Saturday.

Want to Double or Triple Your Paycheck? Move to Williston, N.D.

Oil in Western North Dakota
Williston, N.D., is booming. And it's all because of the oil. People are moving there in en masse. It is probably the one place in the nation where there are not enough empty homes to meet the new residents' demands. North Dakota has the lowest unemployment rate of the 50 states at 3.5 percent, and it can tout the fact that workers' salaries have doubled and tripled recently.
Cellphone health risks

San Francisco Delays Controversial Cell Phone Law

San Francisco’s cell phone law mandating cell phone retailers to disclose the radiation from the devices has been delayed, as CTIA has sued to overturn the law and moved to block the implementation.
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Groupon founder and CEO Andrew Mason attends the second day of the Allen and Company Sun Valley Conference in Sun Valley, Idaho

Groupon's Mason makes a splash

Goofball, visionary, opportunist, maverick: Andrew Mason invites all manner of description but the one thing all agree on is that the Groupon CEO is one shrewd customer.
Natural Disasters

When Mother Nature Strikes: Earthquakes and Other Natural Disasters [PHOTOS]

Earthquakes and other natural disasters are devastating incidences for both humanity and nature. Recently, there has been a number of natural disasters that have wrecked havoc across the globe. From a typhoon in Japan, to Thailand's flooding, to the San Francisco and Virginia earthquakes, and toxic sludge in Hungary, the images of human suffering are harrowing.
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AO Smith Q3 adj Profit Misses, ups FY EPS View

A.O. Smith Corp reported quarterly adjusted earnings that missed Wall Street estimates, hurt by lower sales of residential and commercial water heaters in the United States, but the company raised its full-year earnings view.
Harold Camping

End of the World Coming Friday? Doubtful...

So today may be the end of the world, if you buy into the predictions of radio evangelist Harold Camping. That's what he's said, that the end of the whole physical world will be on Oct. 21.
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Apple Employees Bid Farewell to Steve Jobs at Oct. 19 Memorial Service

Apple stores around the country closed their doors on Wednesday to allow employees to watch a live webcast of the employee-only service for Steve Jobs that took place at the company's Cupertino headquarters. Hundreds of employees converged on the campus in Northern California Wednesday morning, crowding into the outdoor amphitheater where the likes of former Vice President Al Gore, Coldplay, and Norah Jones paid tribute to Jobs.

Senate Approves Bryson as Commerce Secretary

The U.S. Senate, on a bipartisan vote of 74-26 on Thursday, confirmed former energy company executive John Bryson as commerce secretary, despite the objection of some Republicans due to his background as an environmentalist.
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SanDisk's quarterly outlook a relative bright spot

Flash memory supplier SanDisk (SNDK.O) forecast quarterly revenue near analysts' expectations thanks to growth in tablets and smartphones, but other chipmakers warned that a lackluster economy is hurting demand.
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HP loses strategy chief as overhaul rumbles on

Hewlett-Packard Co's chief strategy and technology officer has retired, becoming the latest senior executive to leave the storied Silicon Valley giant struggling to restore its tarnished credibility.
Cyclops Shark Confirmed Real

Cyclops Shark is Real: 5 Other Creepy Sea Creatures [PHOTOS]

The albino cyclops shark discovered by a fisherman and made famous by Pisces Fleet is real, scientists confirm, dismissing rumors that the dead fetal shark found in its mother's belly was an elaborate hoax. Here, see five more creepy sea creatures you won't believe are real.

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