Dec 10, 2012 by Mark BrooksCanada to Block Further Chinese Ownership of Oil SandsCanada's natural resource minister says foreign state control of the country's oil sands sector has reached the point where further ownership would not benefit Canada.
Dec 10, 2012 by Mark BrooksItalian Election Means New Stress for EurozoneThe surprise announcement that Italy's Prime Minister Mario Monti is to resign is putting new stress on Europe's efforts to get control of its debt crisis.
Dec 10, 2012 by Mark BrooksOil Rises on Strength in Germany, ChinaBenchmark crude rose 22 cents to $86.15 just before 10 a.m. in New York.
Dec 10, 2012 by Mark BrooksObama Heading to Michigan to Push for Taxes on RichThe trip comes a day after he and House Speaker John Boehner met one-on-one.
Dec 7, 2012 by Mark BrooksGold Rises, Grains Fall on Supply WorriesMarch corn fell 14.25 cents, or 2 percent, to settle at $7.3725 a bushel Friday.
Dec 7, 2012 by Mark BrooksU.S. Consumer Borrowing Rises to Record $2.75 TrillionThe Federal Reserve says consumers increased their borrowing by $14.2 billion in October from September. Total borrowing rose to a record $2.75 trillion.
Dec 7, 2012 by Mark BrooksU.S. Oil, Gas Exploration Rigs Drop This WeekHouston-based oilfield services company Baker Hughes (NYSE: BHI) reported Friday that 1,382 were exploring for oil and 417 were searching for gas.
Dec 7, 2012 by Mark BrooksGoldman to Pay $1.5 Million in Case of Ex-TraderThe Commodity Futures Trading Commission announced the action Friday.
Dec 7, 2012 by Mark BrooksEuro, Pound Fall Against Dollar on U.S. Jobs ReportThe euro fell to $1.2934 Friday from $1.2964 Thursday, and the British pound fell to $1.6032 from $1.6048.
Dec 7, 2012 by Mark BrooksGreece's Biggest Banks to Join in Bond BuybackThe announcements by National Bank of Greece, Eurobank, and Alpha Bank came hours before the deadline for private-sector holders of Greek sovereign bonds to join the scheme, under which they would sell back their devalued Greek debt holdings to the government.
Dec 7, 2012 by Mark BrooksApple's Softer Side Emerges Under CEO CookThough the metal edges of its PCs and mobile devices are as sharp and severe as ever, Apple is emerging under Cook's leadership as a kinder corporate citizen.
Dec 7, 2012 by Mark BrooksBoehner: No Progress in Fiscal Cliff TalksFour days after House Republicans offered a plan to raise tax revenues and cut spending, Boehner told reporters that the White House has failed to outline its proposal and instead has pushed the nation closer to a fiscal cliff that economists warn could plunge the country into another recession.
Dec 7, 2012 by Mark BrooksOil Prices Fall Slightly After Upbeat Jobs ReportBenchmark oil rose 7 cents to $86.33 per barrel Friday in New York.
Dec 7, 2012 by Mark BrooksJudge Aims to Resolve Apple-Samsung Dispute"I think it's time for global peace," U.S. District Judge Lucy Koh told lawyers for the two electronics giants, during a court hearing Thursday in San Jose.
Dec 6, 2012 by Mark BrooksMoney Market Fund Assets Rise to $2.644 TrillionThe seven-day average yield on money market mutual funds was unchanged from the previous week at 0.02 percent in the week that ended Tuesday, according to Money Fund Report.
Dec 6, 2012 by Mark BrooksCopper Declines, Gold Edges Higher on Global Growth OutlookCopper logged its biggest decline in more than a month, falling 1.1 percent to finish at $3.6445 a pound.
Dec 6, 2012 by Mark BrooksEuro Falls After ECB Cuts Economic ForecastThe euro fell to $1.2963 Thursday from $1.3079 late Wednesday.
Dec 6, 2012 by Mark BrooksDebt Limit Gives GOP Leverage; Obama Demands FixThe government is on track to hit its $16.4 trillion borrowing limit later this month. And while the Treasury can keep the government functioning through early next year, President Barack Obama is bluntly insisting that any deal on the fiscal cliff include an end to brinkmanship on the debt ceiling.
Dec 6, 2012 by Mark BrooksObama Administration Takes Tough Line With GOP on CliffThe administration will "absolutely" let the double whammy take effect as scheduled unless Republicans give in to Obama's demand to raise tax rates at upper income levels, Treasury Secretary Tim Geithner said Wednesday.
Dec 6, 2012 by Mark BrooksWells Fargo CEO Talks Bank Fees, Economy, TaxesIn an interview with The Associated Press, Stumpf, 59, talked about why he's fighting the government's lawsuit, why he's less than enthusiastic on the economy and when it's OK to ditch the suit and tie.
