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Forties at 40 - the ultimate North Sea prize

Notwithstanding local political difficulties in Aberdeen or anywhere else, BP got on with the task of bringing Forties oil ashore, but had to secure the biggest private financing deal ever arranged in Britain via a mix of sterling and dollars from an

Slammed by the government, A-rated by the Better Business Bureau

A mortgage broker charged by federal regulators with discriminating against minority borrowers. A financial firm . Meanwhile, a yacht salesman said his company's rating was destroyed by a complaint against a completely different company. And a

Are minimum wage hikes to blame for falling profits?

The Collector · A Gentleman's Guide · Millionaire Calculator · CNN U.S. Edition . Boo hoo the Waltons cant buy a new yacht for at least another week. Their profits arent as big. Personal Finance · Small Business · Luxury · Media · Video

Slammed by the government, A-rated by the Better Business Bureau - CNNMoney

Source: money.cnn.com

Meet some of the companies the Better Business Bureau rates among the best in the country. A medical testing company that settled charges of paying kickbacks to doctors. All of these companies boasted the BBB's coveted A+ rating when CNNMoney started investigating the BBB's rating system earlier this year. (Soon after CNNMoney inquired about these grades to the BBB, all but one were changed). And this group is joined by other questionable businesses, many of which pay thousands of dollars to the BBB each year for membership. Meanwhile, respected Fortune 500 companies, like Microsoft and Starbucks, don't pay the organization's membership fees and are among the BBB's lowest-rated companies. Through its investigation, CNNMoney found a sampling of more than 100 businesses that had ratings of A- or higher despite having serious actions taken against them by government regulators in the past year. Some have been ruled flat-out scams and were shut down, but still kept their high BBB grade. Some have already been required to pay multimillion dollar penalties. And others have recently been rocked by big government lawsuits. Take HCR Manorcare, a paying BBB member which operates hundreds of nursing homes across the country, and has an A+ rating. Federal prosecutors claim the company bilked Medicare out of millions of dollars by repeatedly providing therapy to patients that wasn't medically necessary -- and in some cases, potentially harmful to patients. One of the patients highlighted in the government lawsuit: an 84-year-old man who was immediately subjected to intensive physical, occupational and speech therapy upon being admitted to one of the company's Illinois facilities. " Even when his doctor ordered the therapy to stop, he was put into a group session the same day -- where therapists noted in his chart that he wasn't breathing properly and wasn't speaking. The government lawsuit is ongoing, and HCR Manorcare denies the allegations. When asked about its BBB rating, HCR Manorcare said that "the BBB has set criteria that our facilities have met. Through its investigation into the organization and its practices, CNNMoney found that the BBB's rating system is seriously flawed -- resulting in grades that appear to be arbitrary and change erratically. And it's not just paying members that receive high ratings even though they are facing government actions -- non-member businesses were also on CNNMoney's list. But the BBB claims to keep a closer eye on its paying members, holding them to a higher standard. In many cases, more weight is placed on companies addressing complaints through the BBB's own system than any other factor -- even government lawsuits alleging practices that directly violate the BBB's principles of membership like misleading... Meanwhile, consumer lawsuits aren't factored into grades at all, no matter how many there are against a single company. And when it comes to government actions, the BBB sometimes deems a penalty so minor that a company can still maintain its A rating. Military Credit Services of Norfolk, Virginia, for example, recently settled government charges that it went after service members with illegal debt collection lawsuits. The BBB clearly acknowledges on its website that the company's settlement -- which required Military Credit Services and two other companies to refund $2. 7 million to thousands of borrowers hit with these lawsuits -- has been factored into the... But even with this black mark Military Credit Services, a paying BBB member, still boasts an A-. Virginia Attorney General Mark Herring, who prosecuted the case against Military Credit Services along with federal regulators, told CNN that he... In other cases, government actions don't appear to be factored into the grade at all -- possibly because the BBB isn't aware of them. And in cases where the action is still pending, the BBB often leaves the grade untouched and notes that no wrongdoing has been proven. The organization also acknowledges that grades are based on the information it has at the time -- making it extremely difficult to provide accurate ratings for more.

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mydata=[{"phrases": ["together with its subsidiaries distributes medical", "distributes medical and", "inc together with its subsidiaries distributes", "distribution centers", "wound", "alternate", "disposable", "nursing", "surgical", "in the united states it"], "tickers": ["PSSI", "OMI"], "names": ["PSS WORLD MEDICAL INC", "OWENS & MINOR INC"], "sentences": ["PSS World Medical, Inc., together with its subsidiaries, distributes medical products and equipment, and pharmaceutical products to alternate-site healthcare providers in the United States. It operates in two segments, Physician Business and Elder Care Business. The Physician Business segment distributes medical-surgical disposable supplies, diagnostic equipment, non-diagnostic equipment, and healthcare information technology products. This segment also provides pharmaceutical products, such as vaccines, injectables, inhalants, topicals, opthalmic ointments and solutions, otic solutions and oral analgesics, antacids and antibiotics, and controlled pharmaceutical products to physician offices, as well as non-controlled drugs. The Elder Care Business segment distributes medical and related products, including medical supplies, incontinent supplies and personal care items, enteral feeding supplies, point of care testing...

Source: Freebase, licensed under CC-BY.

Yacht financing schemes are highly personalised for individual buyers.

Yacht financing schemes are highly personalised for individual buyers.
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YachtCloser Financial | New and Used Boat Financing

YachtCloser Financial | New and Used Boat Financing
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Mortgage Calculator
10/05/15, via Bloomberg

If you choose to prepay with a one-time payment for payment number ZERO, the prepayment is assumed to happen before the first payment of the loan. Unless indicated otherwise: intraday data is at least 15 minutes delayed; mutual fund NAVs are updated at the ...

$39 million yacht with 4-floor elevator
02/01/13, via CNN Money

The Dream, a 'Rolls Royce' of mega-yachts, offers a three-room master suite, six guest suites, a gym and an elevator that takes guests to four living levels.

boats.com expands BoatsBank Consumer Loan Finance Services
01/08/13, via Boating Industry

"We're excited to relaunch the BoatsBank loan application service to consumers in the U.S. BoatsBank loan applications will also be available on the YachtWorld and Boat Trader websites ... to compare loans, a loan calculator tool, options to finance ...