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Mark Brooks

TheAssocPress

Recent Articles by Mark Brooks

Apr 24, 2013 by Mark Brooks

Greek Finance Minister Rejects Tax Relief Call

Yannis Stournaras said Wednesday that demands by the Socialists to lower sales tax for restaurant and catering services would not be included in the draft legislation that is due to be published Thursday.

Apr 23, 2013 by Mark Brooks

Virginia DMV Denies Tesla Request to Run Its Own Dealership

State law requires manufacturers to sell cars through a dealer, unless the manufacturer can show that no dealer is available.

Apr 23, 2013 by Mark Brooks

Airline Service Improves, But Delays Still Possible

Meanwhile, airlines and members of Congress urged the Federal Aviation Administration to find other ways to reduce spending. Airlines are worried about the long-term costs late flights will have on their budgets and on passengers.

Apr 23, 2013 by Mark Brooks

Gold, Other Metals End Lower in Trading

The price of crude oil wound up little changed Tuesday as a slowdown in Chinese manufacturing dampened optimism about an increase in new home sales in the U.S. last month.

Apr 23, 2013 by Mark Brooks

Oil Little Changed as Housing Offsets China Data

Benchmark oil for June delivery fell 1 cent to finish at $89.18 a barrel on the New York Mercantile Exchange.

Apr 23, 2013 by Mark Brooks

Republicans Rap Consumer Agency's Data Collection

Republicans have questioned the legitimacy of Cordray's recess appointment by President Barack Obama.

Apr 23, 2013 by Mark Brooks

Stocks Briefly Drop, Then Recover, on Fake Bomb Tweet

The AP released the following statement at 1:12 p.m.: "The @AP twitter account has been hacked. The tweet about an attack at the White House is false. We will advise more as soon as possible."

Apr 23, 2013 by Mark Brooks

Bailed-Out Portugal Puts Focus on Growth Policies

The government announced plans Tuesday to provide companies with tax breaks and up to 4.5 billion euros ($5.8 billion) in credit, facilitate licensing for investments, and widen training programs.

Apr 23, 2013 by Mark Brooks

Bernanke to Miss Fed Conference, Hinting at Departure

His second four-year term will end in January, and neither he nor President Barack Obama has signaled whether Bernanke will serve a third term.

Apr 23, 2013 by Mark Brooks

Germany Rejects EU Hint at Easing Austerity Drive

Guido Westerwelle said Tuesday in Brussels that going back to "the old policy of taking on new debt would cement mass unemployment in Europe for many years to come."

Apr 22, 2013 by Mark Brooks

Gold Futures Rise; Grains and Copper Fall

The actively traded contract for June delivery of gold rose $25.60, or 1.8 percent, to close at $1,421.20 an ounce Monday.

Apr 22, 2013 by Mark Brooks

Drop in Gas Prices Benefits U.S. Drivers, Economy

Over the past three weeks, the price of oil has fallen by 9 percent to $89 a barrel. That has helped extend a slide in gasoline prices that began in late February.

Apr 22, 2013 by Mark Brooks

Oil Gains for Third Day; Natural Gas Plunges

Benchmark oil for May gained 75 cents to finish at $88.76 on the New York Mercantile Exchange.

Apr 22, 2013 by Mark Brooks

Flight Delays Pile Up Monday After FAA Budget Cuts

The furloughs are part of mandatory budget cuts that kicked in on March 1 after Democrats and Republicans missed a deadline to agree on a long-term deficit reduction plan.

Apr 22, 2013 by Mark Brooks

White House: Obama Backs Internet Sales Tax Bill

White House spokesman Jay Carney says the Senate bill would level the playing field for small businesses and brick-and-mortar retailers that are undercut by online companies.

Apr 22, 2013 by Mark Brooks

Halliburton Seeking Settlement Over Gulf Oil Spill

Halliburton Chief Financial Officer Mark McCollum said during a conference call Monday that talks are at an "advanced stage."

Apr 22, 2013 by Mark Brooks

European Austerity Campaign Yields Meager Results

The 2012 figures, published Monday by Eurostat, the European Union's statistics office, showed that many of the countries hit hardest by Europe's financial crisis, such as Portugal and Spain, saw their budget deficits rise -- even though they have pursued the strict austerity policies prescribed by international creditors to cut debt.

Apr 19, 2013 by Mark Brooks

Activist Investor Peltz Buys Into Pepsi, Mondelez

Is a merger in the works?

Apr 19, 2013 by Mark Brooks

Toyota Brings Lexus Production to Kentucky

Toyota's broader strategy is to build where it sells.

Apr 19, 2013 by Mark Brooks

Cyprus to Open Casinos to Boost Economy

Country aims to subsidize salaries.

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