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Mark Brooks

TheAssocPress

Recent Articles by Mark Brooks

Oct 17, 2012 by Mark Brooks

Dollar Weakens on Strong U.S. Economic Reports

Encouraging reports on the U.S. housing market sent traders out of the dollar and into riskier currencies.

Oct 17, 2012 by Mark Brooks

Amazon looks to get Kindle to schools, workers

Called Whispercast, the free service lets businesses and schools buy and distribute books and documents to Kindles over a wireless Internet connection.

Oct 17, 2012 by Mark Brooks

Looming Federal Cuts Are a Big Risk to Small Companies

A group of lawmakers is working on an agreement aimed at stopping the cuts, and many in Washington believe that the budget reductions will be put off.

Oct 17, 2012 by Mark Brooks

Weather Ravages European Wine Grapes

But it looks like a good year for quality.

Oct 17, 2012 by Mark Brooks

Diamondback Energy IPO Is Complete

The company, which develops oil and natural gas reserves in Texas, had its first day of trading as a public company on Friday.

Oct 17, 2012 by Mark Brooks

Exxon Buys Celtic Exploration for $2.6 Billion

The deal broadens Exxon's stable of shale plays at a time of massive oversupply.

Oct 17, 2012 by Mark Brooks

Satcon Files for Chapter 11 Bankruptcy Protection

CEO Steve Rhoades says filing for Chapter 11 will help the company keep operating while it reorganizes.

Oct 17, 2012 by Mark Brooks

Google Opens Window Into Secretive Data Centers

The site features photos from inside some of the eight data centers that Google Inc. already has running in the U.S., Finland and Belgium.

Oct 17, 2012 by Mark Brooks

Grains Futures Mostly Rise; Livestock Prices Mixed

Wheat for December delivery rose 3.25 cents to $8.51 per bushel; December corn gained 0.75 cent to $7.39 per bushel; December oats were unchanged at $3.9225 per bushel and November soybeans increased 4.25 cents to $14.98 per bushel.

Oct 17, 2012 by Mark Brooks

U.S. Crude Oil Supplies Grow by 2.9 Million Barrels

Crude inventories grew by 2.9 million barrels, or 0.8 percent, to 369.2 million barrels, which is 10.9 percent above year-ago levels, the Energy Department's Energy Information Administration said in its weekly report.

Oct 16, 2012 by Mark Brooks

Coca-Cola to Launch "Beauty Drinks" in France

The drinks will be positioned under the Oenobiol Beautific brand, but Coca-Cola declined to provide further details.

Oct 16, 2012 by Mark Brooks

Target to Match Some Rivals' Online Prices

The price match program will cover the period from Nov 1 through Dec. 16.

Oct 16, 2012 by Mark Brooks

Greek Government Partner Rejects Labor Reforms

The announcement by Fotis Kouvelis of the Democratic Left party is another snag in the country's ongoing efforts to agree on a package of cuts and reforms that Parliament must approve to keep receiving bailout money Greece desperately need to stay solvent.

Oct 16, 2012 by Mark Brooks

Hillenbrand to Buy German Firm for $300 Million

Hillenbrand is also assuming about $98 million in debt and about $129 million in pension liabilities.

Oct 16, 2012 by Mark Brooks

Oil Prices Little Changed on Mixed Economic Data

Oil prices wavered between small gains and losses Tuesday, as traders mulled mixed data about the nation's slowly recovering economy.

Oct 16, 2012 by Mark Brooks

Microsoft Buys Online Storage Service StorSimple

The deal gives Microsoft another tool to offer to corporate customers who want to back up their data on computers managed and maintained in remote data centers.

Oct 16, 2012 by Mark Brooks

JA Solar Gets Listing Warning Because of Stock Price

The Chinese solar power product manufacturer's shares traded in the U.S. have fallen below the $1 threshold required by the Nasdaq.

Oct 16, 2012 by Mark Brooks

IMF: Pace of Austerity Must Depend on Economy

The pace at which countries like Greece and Spain cut their deficits with austerity measures must depend on their economic conditions, International Monetary Fund Managing Director Christine Lagarde said Tuesday.

Oct 16, 2012 by Mark Brooks

Social Security Benefits to Rise by 1.7%

The increase, which starts in January, is tied to a measure of inflation released Tuesday.

Oct 16, 2012 by Mark Brooks

More Expensive Gas Pushes U.S. Consumer Prices Up

The Labor Department said Tuesday that the consumer price index rose a seasonally adjusted 0.6 percent last month.

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