Porn company reports quarterly loss as sales slide

By Katey RichMANILA, Philippines—Maldive-based Bang Bang Entertainment Inc., which produces adult film titles and related content, said Thursday that its revenue dropped to $4.2 million, or 1.5 percent from $4 million, a year earlier.Maldives had seen an explosive growth in the online porn industry in recent years, and Bang Bang is a major player in …

US government to offer millions in cash for ‘lost’ oil fields

The US government will offer millions of dollars to oil companies and other owners of oil and gas wells who claim they are being targeted by the government, according to a new government proposal. The move, which would be the largest single payment from the federal government since the 2010 Deepwater Horizon oil spill, is the …