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Mark Brooks

TheAssocPress

Recent Articles by Mark Brooks

Jun 21, 2013 by Mark Brooks

Skilling's Jail Sentence Reduced

Federal prosecutors say the deal will allow for the distribution of $41.8 million of Skilling's assets in restitution to victims of Enron's 2001 collapse.

Jun 21, 2013 by Mark Brooks

Hershey Canada Fined $3.8 Million for Price Fixing

Hershey Canada received leniency under a Competition Bureau program designed to encourage companies to report wrongdoing.

Jun 21, 2013 by Mark Brooks

Apple 1 Could Fetch $500,000 or More at Auction

The latest auction at Christie's, "First Bytes: Iconic Technology from the Twentieth Century," is being conducted online only from June 24 to July 9.

Jun 21, 2013 by Mark Brooks

Shell Joint Venture to Invest $3.9 Billion in Nigeria

Trans-Niger pipeline will be re-routed in some areas so that it runs through swampy areas or underwater, which will make it more difficult for thieves to reach.

Jun 21, 2013 by Mark Brooks

Starbucks Raising Prices 1% on Average

Starbucks says coffee represents just one of its many costs and historically has accounted for less than 10% of overall store expenses.

Jun 21, 2013 by Mark Brooks

ComScore Names Serge Matta Company President

He's been with the company 12 years.

Jun 21, 2013 by Mark Brooks

EU Pushes Ahead With Anti-Tobacco Plans

The blueprint was decided despite the opposition of four nations that are more lenient toward smoking: Poland, the Czech Republic, Bulgaria and Romania.

Jun 20, 2013 by Mark Brooks

Oil Falls Most Since November on Fed Comments

Oil had its biggest one-day price drop since November. U.S. benchmark oil for July delivery sank $2.84, or 2.9 percent, to finish at $95.40 a barrel in New York. Gasoline futures fell more than 3 percent.

Jun 20, 2013 by Mark Brooks

U.S.: No Sector Should Be Kept Out of EU Talks

U.S. Ambassador to the EU William E. Kennard also said Thursday that his country has not tried to keep any sector out of the negotiations with the 27-nation EU, countering French claims that Washington would exclude financial services.

Jun 20, 2013 by Mark Brooks

France Threatens Google With Privacy Fines

The French agency that regulates information technology says that five other European countries are taking similar steps in a staggered offensive against Google's privacy policy between now and the end of July.

Jun 20, 2013 by Mark Brooks

Why Bernanke's Clearer Message Landed With a Thud

Bernanke set the record straight Wednesday about the Fed's bond-buying program.

Jun 20, 2013 by Mark Brooks

UK Treasury Chief Laughs Off Obama Name Mix-Up

Britain's Sun and Financial Times newspapers reported Thursday that Obama repeatedly referred to the Chancellor of the Exchequer as "Jeffrey" -- and later apologized, saying he had been thinking of soul singer Jeffrey Osborne.

Jun 19, 2013 by Mark Brooks

Cyprus Seeks Help From Creditors for Troubled Bank

In a letter obtained by the Associated Press Wednesday, Nicos Anastasiades told the heads of the European Commission, the European Central bank and the International Monetary Fund -- collectively known as the troika -- that the Bank of Cyprus is facing a cash crunch.

Jun 17, 2013 by Mark Brooks

Metals Fall; Soybeans Drop as Weather Boosts Crop Prospects

Cold, wet weather has forced farmers to delay their soybean planting this spring, keeping prices for the crop higher over the past two months.

Jun 17, 2013 by Mark Brooks

Little Joy in Croatia as It Enters the EU

A decade back when Croatia started negotiating EU entry, the once war-torn country was overjoyed at the prospect of becoming a member of the European elite.

Jun 17, 2013 by Mark Brooks

Hard to Get Small Business Loans, Survey Says

Forty-five percent of the 515 owners who took part in the advocacy group's survey said access to loans and credit at reasonable rates is a problem for their businesses.

Jun 17, 2013 by Mark Brooks

Oil Hits High for Year on Syria Concerns

Benchmark oil for July delivery was up 37 cents to $98.22 a barrel on the New York Mercantile Exchange in afternoon trading.

Jun 14, 2013 by Mark Brooks

Oil Price Highest Since January on Syria Concerns

Oil finished the week with a gain of $1.82 a barrel, or 1.9 percent.

Jun 14, 2013 by Mark Brooks

Chrysler Freezes Pension Plan for 8,000 Employees

Affected employees will be shifted to a defined contribution plan.

Jun 14, 2013 by Mark Brooks

IMF: U.S. Economy Improving but Tax Increases a Drag

The IMF's annual report on the U.S. economy says the underlying fundamentals are gradually improving: Home prices and construction are rising, household finances have strengthened and employers are steadily adding jobs.

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