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Mark Brooks

TheAssocPress

Recent Articles by Mark Brooks

May 9, 2013 by Mark Brooks

Facebook, Chicago Firm Settle Suit

Word of a settlement came in a filing this week in U.S. District Court in Chicago. No details were disclosed. A judge is expected to formally dismiss the lawsuit Thursday.

May 9, 2013 by Mark Brooks

Oil Below $96 Per Barrel on Jobs, Stronger Dollar

Crude prices have been rising, along with the stock market, and investors appeared to take a break from both Thursday.

May 9, 2013 by Mark Brooks

Cyprus Keeps Limits on Money Flows

Panicos Demetriades said the Central Bank of Cyprus wants to eliminate these controls as soon as possible, but it has to first make sure that trust in the banks has recovered sufficiently.

May 9, 2013 by Mark Brooks

House to Vote to Prioritize U.S. Debt Payments

The Republican-controlled House is moving to put U.S. bondholders and people on Social Security at the front of the line to be paid if the government hits its borrowing limit and is unable to meet all of its obligations.

May 9, 2013 by Mark Brooks

Obama to Launch Jobs Tour

Obama on Thursday was dropping in on Austin, Texas, and using that bustling state capital as a backdrop to talk about attracting jobs, providing skills training and ensuring that hard work begets a decent living.

May 9, 2013 by Mark Brooks

Activists: Disney Can't Trademark Holidays

Advocates say anger and ridicule expressed on social media forced the company to retreat Tuesday as word of the move to copyright the holiday spread.

May 8, 2013 by Mark Brooks

U.S. Appeals Panel Speaks Well of Google Book Plans

Three judges on the 2nd U.S. Circuit Court of Appeals on Wednesday spoke positively about the benefits the plan would provide the world.

May 8, 2013 by Mark Brooks

Deal Would Reduce Sentence for Enron's Skilling

Under the agreement, Skilling's original sentence will be reduced to somewhere between 14 and 17.5 years.

May 8, 2013 by Mark Brooks

Republicans Delay Vote on Perez for Labor Post

A vote in the Senate Health, Education, Labor, and Pensions Committee that was set for Wednesday has been pushed back to May 16.

May 8, 2013 by Mark Brooks

Oil Rises Near $96 With U.S. Supplies Up Slightly

The Energy Department said oil supplies grew last week by 200,000 barrels to 395.5 million barrels, which is 4.2 percent above year-ago levels.

May 8, 2013 by Mark Brooks

Coke Takes Anti-Obesity Campaign Global

Coca-Cola also said Wednesday that it would support programs that encourage physical activity and no longer market to kids younger than 12.

May 8, 2013 by Mark Brooks

Treasury Secretary Working on Penmanship

After just two months in the Treasury job, there are signs Lew's practice is paying off. All the letters of Lew's last name could be made out in his signature on the annual report of the Financial Stability Council, which came out in late April.

May 8, 2013 by Mark Brooks

Germany's Expected Tax Take Slightly Lower

Through 2017, all layers of the country's government face a shortfall of 13.2 billion euros ($17.3 billion) on their forecast revenues of 2.7 trillion euros, according to an official forecast. The previous projection was made in November.

May 8, 2013 by Mark Brooks

House Set to OK Bill to Change Overtime Pay Law

The measure would allow employees who work more than 40 hours a week to save up their earned time off for use weeks or months later.

May 7, 2013 by Mark Brooks

SEC Chief to Review "No Admit or Deny" Policy

Mary Jo White defended the policy at a budget hearing Tuesday on Capitol Hill, saying it has enabled the government to quickly return money to investors without a trial.

May 7, 2013 by Mark Brooks

Vatican, U.S. Treasury Agree to Share Financial Data

It's the fourth such agreement inked by the Holy See as it seeks to improve its reputation in global financial circles following a series of scandals at its bank and a money laundering investigation launched by Rome prosecutors.

May 7, 2013 by Mark Brooks

Prices Slip for Metals, Oil; Crop Prices Recover

The biggest moves were in palladium, which lost more than 2 percent, and platinum, which lost nearly 2 percent. Both can trade as industrial metals, meaning they generally rise when investors feel hopeful about the economy.

May 7, 2013 by Mark Brooks

Pessimism Abounds at Annual Fiscal "Summit"

That was the consensus at an annual Washington "fiscal summit" thrown by billionaire deficit hawk Pete Peterson, who's staked $1 billion of his fortune on a foundation aimed at raising public awareness of the dangers of the government's growing debt.

May 7, 2013 by Mark Brooks

Diplomats: Brazil Wins Race for Next WTO Director

The directorship is chosen by consensus in a complex and secretive process, and the runner-up is expected to concede afterward.

May 7, 2013 by Mark Brooks

Microsoft Extends Search Guarantee in Yahoo! Deal

An arrangement requiring Microsoft to pay Yahoo! a minimum amount per search on Yahoo!'s website expired March 31. That had raised concerns Yahoo might make less money from the Microsoft partnership.

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