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Showtime Inc., a unit of Viacom International...

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From Times Staff and Wire reports

Showtime Inc., a unit of Viacom International Inc., agreed to pay $4.7 million to the American Society of Composers, Authors and Publishers to settle a lawsuit regarding movie music fees . . . United Airlines’ union workers are ready to renew their efforts to buy the company once the economy improves, the head of the pilots’ union said . . . The number of working oil and gas rigs in the United States has dropped by 60 to 1,048, Baker Hughes Inc. reported. A year ago, the count stood at 1,019 rigs, the Houston-based company said.

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