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Mark Brooks

TheAssocPress

Recent Articles by Mark Brooks

Nov 30, 2012 by Mark Brooks

U.S. Oil, Gas Rigs Down by 6 This Week

Texas-based oilfield services company Baker Hughes reported Friday that 1,386 rigs were exploring for oil and 424 were searching for gas.

Nov 30, 2012 by Mark Brooks

Euro Jumps to 5-Week High Against Dollar

The euro jumped to $1.3002 in afternoon trading from $1.2972 late Thursday.

Nov 30, 2012 by Mark Brooks

Pressuring GOP, Obama Takes His Fiscal Plan to Pennsylvania

Obama took his case to an audience in a Philadelphia suburb, saying that this move would present a "Scrooge Christmas" for millions of wage-earners.

Nov 30, 2012 by Mark Brooks

Oil Up Slightly on Europe Debt Deal

U.S. benchmark crude rose 46 cents to $88.51 per barrel Friday morning in New York. In London, Brent crude rose 28 cents to $111.03.

Nov 30, 2012 by Mark Brooks

Congress Looks at Eliminating the $1 Bill

The Mint is preparing a report for Congress showing how changes in the metal content of coins could save money.

Nov 29, 2012 by Mark Brooks

Commodities Rise on Budget Talks, Economic News

Prices rose Thursday for gold, industrial metals, oil and soybeans. Natural gas, wheat and corn fell.

Nov 29, 2012 by Mark Brooks

Honda Revamps Civic to Fix Flaws

Just 19 months after its Civic compact hit showrooms and was slammed by critics, the company has revamped the car, giving it a sportier look and upgrading the interior.

Nov 29, 2012 by Mark Brooks

Gold Primed to Gain If Budget Talks Fail, Analyst Says

Gold will probably surge, along with the dollar, should U.S. lawmakers fail to reach a deal on reducing the U.S. budget deficit, an analyst has forecast.

Nov 29, 2012 by Mark Brooks

Dollar Falls on Hopes of Budget Deal

Riskier currencies, such as the euro, tend to rise when traders think the economy is getting better.

Nov 29, 2012 by Mark Brooks

Microsoft Prices Pro Version of Surface at $899

The price announced Thursday is in line with Microsoft's earlier statements that the Pro version would cost about the same as an ultrabook.

Nov 29, 2012 by Mark Brooks

Hostess Says It Has More Than 100 Interested Buyers

Those interested parties now include at least five national retailers such as supermarkets, a banker for the company said in bankruptcy court Thursday.

Nov 29, 2012 by Mark Brooks

White House, Congress Talk as Fiscal Cliff Nears

Obama is mounting a public campaign to build support and leverage in the negotiations, appearing at the White House with middle-class taxpayers and launching a campaign on Twitter to bolster his position.

Nov 29, 2012 by Mark Brooks

Italy Claims Google Failed to Declare Millions

Italy joins France, Germany, and Britain in scrutinizing Google's tax practices.

Nov 29, 2012 by Mark Brooks

Retailers Report Weak Sales Gains for November

Sandy stunted enthusiasm among shoppers early in the month just as stores were preparing for the busiest shopping period of the year, a roughly two-month stretch in November through December when they can make up to 40 percent of their annual revenue.

Nov 29, 2012 by Mark Brooks

Oil Rises on Hopes of Avoiding Fiscal Cliff

Benchmark crude is up $2.08, or 2.4 percent, to $88.57 just after 10 a.m. in New York.

Nov 28, 2012 by Mark Brooks

Gold Falls Most in a Month; Other Metals Follow

Gold for December delivery fell $25.80 an ounce to settle at $1,716.50 an ounce Wednesday. It was the biggest drop since Nov. 2.

Nov 28, 2012 by Mark Brooks

3 BP Employees Arraigned on Gulf Oil Spill Charges

BP well site leaders Robert Kaluza and Donald Vidrine and BP's vice president of exploration for the Gulf David Rainey remained free on bond following their arraignments Wednesday in federal court.

Nov 28, 2012 by Mark Brooks

Wal-Mart, Disney Clothes Found in Bangladesh Factory Fire

The garment factory in Bangladesh where 112 people were killed in a fire over the weekend was used by a host of major U.S. and European retailers, an Associated Press reporter discovered Wednesday.

Nov 28, 2012 by Mark Brooks

High Court Won't Stop Union Vote at American Airlines

About 10,000 employees will decide whether to be represented by the Communications Workers of America. Voting is expected to start Dec. 4 and end Jan. 15.

Nov 28, 2012 by Mark Brooks

Fed Survey: U.S. Economy Growing at Steady Pace

Growth improved in nine of the Fed's 12 regional banking districts, the survey said. Growth was weaker in New York, Philadelphia and Boston -- areas where Sandy caused widespread disruptions.

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