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Mark Brooks

TheAssocPress

Recent Articles by Mark Brooks

Jan 10, 2013 by Mark Brooks

Draghi Says Eurozone Not Past Turning Point Yet

The group of 17 European Union countries that use the euro will recover gradually later this year, he said -- if governments get moving on making their economies more business-friendly.

Jan 10, 2013 by Mark Brooks

Buffett: U.S. Banks Won't Cause Problems for Economy

Buffett says the banks have largely cleared out the bad assets that hurt their balance sheets. And the current low interest rates have helped them.

Apr 10, 2017 by Mark Brooks

Euro Rises After ECB Keeps Rates Unchanged

ECB President Mario Draghi says that all members of the central bank's policy committee agreed to keep rates unchanged.

Jan 9, 2013 by Mark Brooks

Gold Falls, Palladium Rises Sharply After 4 Days of Losses

The March contract for palladium, a metal which has industrial uses including making catalytic converters for automobiles, jumped $20.35 to settle at $688.20 per ounce Wednesday.

Jan 9, 2013 by Mark Brooks

Euro Flat Versus Dollar Ahead of ECB Meeting

The ECB is meeting Thursday to set interest rates. Most economists don't expect the central bank to lower its rates.

Jan 9, 2013 by Mark Brooks

Report: Apple May Build Less Expensive iPhone

The cheaper iPhone could come out as early as this year, or the idea could be scrapped, as has previously happened.

Jan 9, 2013 by Mark Brooks

Google Exec's Delegation Presses for Open Internet in North Korea

Former New Mexico Gov. Bill Richardson also said the nine-member group called on North Korea to put a moratorium on missile launches and nuclear tests that have prompted U.N. sanctions.

Jan 9, 2013 by Mark Brooks

Oil Slips as U.S. Crude and Gasoline Stockpiles Grow

In afternoon trading benchmark oil was down 23 cents to $92.92 a barrel in New York.

Jan 9, 2013 by Mark Brooks

Watchdog Says Tax Law Too Complex for Most Filers

As a result, about 90 percent of filers will either pay a tax preparer or use a computer software service to help with their federal tax returns this spring, according to a report Wednesday by an independent government watchdog.

Jan 9, 2013 by Mark Brooks

Governors Warn Congress About Debt Limit

Governors are warning Congress that lingering uncertainty over raising the nation's debt limit could hinder their state budgets and job growth.

Jan 9, 2013 by Mark Brooks

Obama Expected to Choose Jack Lew for Treasury Post

White House officials would not confirm that a final decision has been made. But aides did not dispute that Lew is emerging as the consensus choice.

Jan 9, 2013 by Mark Brooks

Business Leaders Warn UK Leader Against Leaving EU

In a letter published in the Financial Times Wednesday, Virgin Group's Richard Branson, London Stock Exchange head Chris Gibson-Smith, WPP chief executive Martin Sorrell and seven other business leaders challenged Cameron's plan to renegotiate the U.K.'s membership terms of the 27-country EU and put the matter to a referendum.

Jan 9, 2013 by Mark Brooks

CEO: GM Aims for Investment-Grade Status This Year

Dan Akerson told reporters Wednesday that the company is working with credit rating agencies to raise its status from junk, where it's been since 2005.

Jan 8, 2013 by Mark Brooks

Gold, Corn Rise in Light Trading

Corn for March delivery rose 3.25 cents to settle at $6.8875 a bushel Tuesday.

Jan 8, 2013 by Mark Brooks

Chevy Adopts New Global Ad Campaign

"Find New Roads will enable the whole company to rally around a consistent theme for the brand, and at the same time serve as an external message that works in all markets," GM marketing chief Alan Batey said in a statement.

Jan 8, 2013 by Mark Brooks

Google to Offer Public Wi-Fi in New York Neighborhood

The network will be available free to about a 10-block area surrounding Google's offices in Manhattan's Chelsea neighborhood, where Google has more than 3,000 employees.

Jan 8, 2013 by Mark Brooks

Unemployment Falls Below 7% in Most U.S. Cities

The Labor Department said Tuesday that rates fell in November from October in 215 of the 372 largest metro areas.

Jan 8, 2013 by Mark Brooks

Tax-Filing Season Starts Jan. 30

The agency said Tuesday that more than 120 million taxpayers -- about 80 percent of all filers -- should be able to start filing their federal returns on Jan. 30.

Jan 8, 2013 by Mark Brooks

Google Exec Visits With North Korean Students

Google's Eric Schmidt got a first look at North Korea's limited Internet usage when an American delegation he and former New Mexico Gov. Bill Richardson are leading visited a computer lab at Kim Il Sung University in Pyongyang.

Jan 8, 2013 by Mark Brooks

Treasury Secretary May Be Next Job Up

Indications are now that Timothy Geithner will leave that post by the end of the month, regardless of whether the president and Congress have reached a deal on the debt ceiling -- the next potential economic crisis facing the government.

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