Nov 15, 2012 by Mark BrooksBP to Pay $4.5 Billion in Oil Spill SettlementThe figure includes nearly $1.3 billion in criminal fines -- the largest such penalty ever -- along with payments to several government entities.
Nov 14, 2012 by Mark BrooksLawyer Sues Microsoft Over Surface Tablet StorageThe suit aims to change how Microsoft advertises its device and hopes to force the company to give back revenue and profits that resulted from its alleged wrongful conduct.
Nov 14, 2012 by Mark BrooksEnergy Prices Rise as Mideast Tensions Flare UpOther commodities prices ended mixed Wednesday. Metals prices were mostly higher, as were corn and soybeans.
Nov 14, 2012 by Mark BrooksNew Ford COO Sees Pressure on Profit MarginsMark Fields, who becomes chief operating officer on Dec. 1, said higher inventories will force some automakers to raise rebates and other incentives, and that is likely to cut into what has been stable pricing for Ford.
Nov 14, 2012 by Mark BrooksJudge Asked to Extend Deadline in BP SettlementPotential claimants had until Nov. 5 to revoke requests to be excluded from the settlement agreement. A court filing Wednesday asks U.S. District Judge Carl Barbier to extend the deadline to Dec. 15.
Nov 14, 2012 by Mark BrooksRepublicans Blame Corzine in MF Global FailureThe Republicans say the investigation has found that Corzine's decisions caused MF Global's bankruptcy in October 2011 and its loss of more than $1 billion in customer money.
Nov 14, 2012 by Mark BrooksEU: New Aid to Egypt Partly Tied to IMF LoanThe EU said the other half of the program depends on agreement with the International Monetary Fund on an even larger loan.
Nov 14, 2012 by Mark BrooksHess in Process of Restarting New Jersey RefineryThe process to restart the refinery began a little more than two weeks after it was shut down as a precaution ahead of the massive storm, the company said Wednesday in an emailed statement.
Nov 14, 2012 by Mark BrooksDollar Mixed After Fed MinutesThe euro rose to $1.2752 in afternoon trading from $1.2705 late Tuesday.
Nov 14, 2012 by Mark BrooksAusterity Protests Stall Several European NationsWorkers with jobs and without spoke of a "social emergency" crippling the world's largest economic bloc, a union of 27 nations and half a billion people.
Nov 14, 2012 by Mark BrooksObama Pressing Business and Labor on Fiscal CliffStanding in the East Room of the White House, Obama pointedly noted he had campaigned on a platform that called for allowing tax breaks to expire as scheduled on Dec. 31 for the wealthiest income earners.
Nov 13, 2012 by Mark BrooksPrice of Oil Falls SlightlyInternational Energy Agency predicted demand will grow at a slower pace into next year.
Nov 13, 2012 by Mark BrooksEisner Media Company in Movie Deal With Universal PicturesFormer Disney CEO fouded The Tornante Company.
Nov 13, 2012 by Mark BrooksAtlantic City Casinos Still Feeling Superstorm Sandy's ImpactAtlantic City casino revenue could be down 25% for the next six months.
Nov 13, 2012 by Mark BrooksChinese Leaders Get on the Social-Media WagonThe government has encouraged homegrown alternatives to Twitter and Facebook.
Nov 13, 2012 by Mark BrooksU.S. Ran $120 Billion Deficit in OctoberTwenty-two percent higher than the same month last year
Nov 13, 2012 by Mark BrooksEuro Slips Against DollarFinance ministers delay $40 billion in aid for Greece.
Nov 13, 2012 by Mark BrooksBP Settles Disputes With Russian Partner AARBoth have agreed to sell their positions to the Russian state-controlled oil company Rosneft.
Nov 13, 2012 by Mark BrooksCanada Views U.S. Oil Boom as Wakeup CallCanada's natural resources minister says it's critically important to build pipelines to the Pacific Coast so Canada can export to Asia.
Nov 13, 2012 by Mark BrooksAAA: Thanksgiving Travel to Increase a TadBut we'll be taking shorter trips to save on gas and other costs.