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Mark Brooks

TheAssocPress

Recent Articles by Mark Brooks

Mar 19, 2013 by Mark Brooks

Twinkies Sale Approved by Judge

Hostess Brands is selling Twinkies, along with Ding Dongs, Ho Hos and other cakes, to Apollo Global Management and Metropoulos & Co. for $410 million.

Mar 19, 2013 by Mark Brooks

Cyprus Fears Push Euro Lower Against Dollar

The euro fell to $1.29 in midday trading from $1.2948 late Monday.

Mar 19, 2013 by Mark Brooks

Congress Works on Budget for Both 2013 and Future

The rival House and Senate budgets for the future are party-defining documents with zero chance of making their way into law as written, given the division of power in Washington, where Democrats control the White House and Senate and conservative Republicans dominate the House.

Mar 19, 2013 by Mark Brooks

Cyprus Seeks to Shield Small Depositors From Raid

The plan, which is part of a larger bailout package being negotiated with other European countries, has been met with fury in Cyprus and has sent jitters across financial markets.

Mar 19, 2013 by Mark Brooks

Transocean CEO: Rig Workers Should Have Done More

Newman, however, said BP ultimately was responsible for deciding how to perform the safety test and for determining whether it was successful.

Mar 19, 2013 by Mark Brooks

EU Makes Important Step Toward Banking Union

European Parliament lawmakers, the EU Commission and government representatives said Tuesday they reached an agreement on the laws establishing a centralized banking supervisor.

Mar 19, 2013 by Mark Brooks

Senate Panel OKs Nominees to Lead SEC, CFPB

Mary Jo White and Richard Cordray now proceed to a final vote.

Mar 19, 2013 by Mark Brooks

Oil Near $94 as Traders Eye U.S. Data, Cyprus Vote

Investors will also be monitoring fresh information on U.S. stockpiles of crude and refined products.

Apr 10, 2017 by Mark Brooks

Cyprus Simmers, Gold Rush Continues

Gold for April delivery was up $6.70 to $1,611.30 per ounce, even as prices fell for other key metals, oil and many U.S. stocks.

Mar 18, 2013 by Mark Brooks

Acting Commerce Secretary Leaving Obama Administration

Rebecca Blank joined the Commerce Department in 2009 as an economic adviser and was later promoted to deputy secretary.

Mar 18, 2013 by Mark Brooks

Companies Begin Defense in Gulf Oil Spill Trial

U.S. District Judge Carl Barbier already has heard testimony by more than a dozen witnesses called by the Justice Department and attorneys for Gulf Coast businesses and residents who claim the spill cost them money.

Mar 18, 2013 by Mark Brooks

Man Gets More Than 3 Years in iPad Data Breach Case

Dozens of Andrew Auernheimer's supporters packed the hearing and clapped when he made a statement castigating the government for what he characterized as an unfair prosecution.

Mar 18, 2013 by Mark Brooks

Euro Falls to 3-Month Low Versus Dollar on Cyprus Plan

The euro is trading at $1.2971, after falling to a three-month low of $1.288 earlier. The euro was worth $1.3054 late Friday.

Mar 18, 2013 by Mark Brooks

Cyprus' Bailout Plan Shocks Savers Across Europe

Several hundred people gathered outside the vacant parliament building, with some chanting "thieves, thieves."

Mar 18, 2013 by Mark Brooks

Russian Money in Cyprus Hit by Savings Seizure

Russian President Vladimir Putin on Monday criticized the decision as "unjust, unprofessional and dangerous," according to his spokesman.

Mar 18, 2013 by Mark Brooks

Cyprus Delays Vote on Tax Raid on Savings

Yiannakis Omirou, the speaker of Parliament, said the delay was needed to give the government time to amend the deal reached over the weekend that prompted an outcry from those who thought their money was safe.

Mar 18, 2013 by Mark Brooks

Oil Falls as Cyprus Bailout Details Rattle Markets

The deposit tax is part of a plan agreed to on Saturday by Cyprus and its international lenders, and it prompted savers to rush to banks in Cyprus to withdraw as much of their cash as they could.

Mar 18, 2013 by Mark Brooks

Justice Official to Be Nominated to Top Labor Slot

President Barack Obama is set to nominate Thomas Perez, an assistant attorney general, to be the next secretary of labor, the White House says.

Mar 16, 2013 by Mark Brooks

Cyprus' President Defends Bailout Deal

Despite that assurance, nervous depositors rushed to ATM machines in Cyprus on Saturday to drain their accounts.

Mar 15, 2013 by Mark Brooks

BP Seeks to Block Gulf Spill Settlement Payments

Argues program administrator's method of processing and paying businesses' claims violates the settlement's terms.

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