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Mark Brooks

TheAssocPress

Recent Articles by Mark Brooks

Oct 3, 2013 by Mark Brooks

New Groupon Executives Include ex-Amazon VP

The appointments come less than two months after Groupon named co-founder Eric Lefkofsky as permanent CEO following the ouster of Andrew Mason earlier this year.

Oct 3, 2013 by Mark Brooks

Ford Recalls Focus Electric, C-Max to Fix Chime

No crashes or injuries have been reported because of the problem.

Oct 3, 2013 by Mark Brooks

30-Year Mortgage Rate Drops to 4.22%

Average U.S. rates on fixed mortgages fell for the third straight week to their lowest point in three months.

Oct 3, 2013 by Mark Brooks

Rdio Launches Free Listening on Mobile Devices

Cumulus Media announced it was taking a stake in Rdio parent Pulser Media last month.

Oct 3, 2013 by Mark Brooks

Shutdown Delays September Jobs Report Due Tomorrow

No alternative release date has been set.

Oct 3, 2013 by Mark Brooks

Brides, Grooms, Homebuyers, Leaf-Peepers Feel the Shutdown Pinch

Borrowers applying for a mortgage can expect delays, especially if the shutdown is prolonged.

Oct 3, 2013 by Mark Brooks

VA Employees Are "Essential." NASA Workers, Not So Much.

In general, about 60% of the 2.1 million federal workforce is still working during the shutdown.

Oct 2, 2013 by Mark Brooks

Universal Pictures to Increase Slate by 4 Movies per Year

Universal's total slate will rise to about 26 to 28 per year, from 22 to 24.

Oct 2, 2013 by Mark Brooks

Source: Cerberus Interested in BlackBerry

BlackBerry announced last month that Fairfax Financial Holdings Ltd. had signed a letter of intent that "contemplates" buying BlackBerry for $9 a share, or $4.7 billion.

Oct 2, 2013 by Mark Brooks

Feds Want Tight Control of Info About National Security Requests

Companies seeking to release the information about the orders received are Google, Microsoft., Yahoo!, Facebook and LinkedIn.

Oct 2, 2013 by Mark Brooks

Oil Rises on News About Keystone Pipeline Expansion

Reports said that Transcanada is close to completing work on the southern portion of its Keystone pipeline expansion.

Oct 2, 2013 by Mark Brooks

Twitter, Facebook Let Americans Sound Off to Congress About #Shutdown

Mostly, tweeters said they couldn't understand why a compromise between the two sides seemed so elusive.

Oct 2, 2013 by Mark Brooks

Activist Investor Loeb Pushes Sotheby's CEO to Resign

Shares of Sotheby's have more than tripled since William Ruprecht was named CEO in February 2000.

Oct 2, 2013 by Mark Brooks

Enterprise Holdings Car Rental Company to Hire 11,000

The company's revenues have more than doubled over the past 10 years, from $6.9 billion in 2003 to $16 billion.

Oct 2, 2013 by Mark Brooks

Empire State Realty Edges Higher Following IPO

It sold 71.5 million shares for $13 per share, which was at the low end of its prior estimate.

Oct 2, 2013 by Mark Brooks

Re/Max Holdings Raises $220 Million in IPO

The company anticipates about $194.2 million in net proceeds, after underwriting discounts and commissions and estimated offering expenses.

Oct 2, 2013 by Mark Brooks

Burlington Stores Prices IPO at $17 per Share

Burlington said it expects to net $205 million in proceeds, which it plans to use along with cash on hand, mainly to pay off debt.

Oct 2, 2013 by Mark Brooks

Oil Stays Near $102 per Barrel

Prices were also under pressure from a report released Tuesday by the industry-funded American Petroleum Institute that said U.S. stockpiles of crude oil rose by 4.55 million barrels last week.

Oct 2, 2013 by Mark Brooks

U.S. Businesses Fret About What Will Happen if Shutdown Drags On

Defense contractors and homebuilders could feel the squeeze if the shutdown drags on.

Oct 1, 2013 by Mark Brooks

Amazon's Bezos Completes "Washington Post" Purchase

The soon-to-be-renamed Washington Post Co. is retaining the Kaplan education business, Slate magazine, TheRoot.com and Foreign Policy magazine, as well as the Post's headquarters building in downtown Washington.

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