Dec 26, 2013 by Mark BrooksBarclays Fined $3.75 Million for Improper Record KeepingAs part of the settlement, Barclays did not admit or deny the charges.
Dec 26, 2013 by Mark BrooksShell Chemical Keeps Pa. Site on List for Petrochemical PlantThe so-called ethane cracking plant would convert ethane from bountiful Marcellus Shale natural gas liquids into more profitable chemicals such as ethylene.
Dec 26, 2013 by Mark BrooksTop Business Story in 2013: Booming Stock MarketsGM's comeback rounds out the top 10 business stories of 2013 chosen by business editors at The Associated Press.
Dec 26, 2013 by Mark BrooksChina Estimates 2013 Growth Slowed to 7.6% Beijing temporarily reversed course and shored up growth in mid-2013 with a mini-stimulus of higher spending on building railways and other public works.
Dec 26, 2013 by Mark BrooksHi-Tech Pharmacal in $25 Million Medicaid SettlementThe Amityville, N.Y., company said it has already set aside money to cover the settlement and is not acknowledging any wrongdoing or liability.
Dec 24, 2013 by Mark BrooksWhat Mary Barra Brings to the Table at GMThe woman who will soon become GM's CEO remembers pining as a 10-year-old for her cousin's red Camaro convertible and tinkering in the garage with her father, a die maker who spent four decades at GM.
Dec 24, 2013 by Mark BrooksBiglari May Make Bid for Cracker BarrelSardar Biglari, through his investment firm Biglari Holdings, owns nearly 20% of Cracker Barrel.
Dec 24, 2013 by Mark BrooksU.S. Mortgage Applications Tumble to a 13-Year LowThe drop-off follows a 1-percentage-point increase in mortgage rates from historic lows last spring.
Dec 24, 2013 by Mark BrooksHoliday Sales Down for 3rd WeekEven online sales, which had been a bright spot for much of the season, aren't growing at the expected pace.
Dec 24, 2013 by Mark BrooksDisney CEO's Pay Package Down 7% in 2013His compensation fell because the Walt Disney Co. didn't exceed internal goals by as much this year as it did in 2012, according to a company regulatory filing made Monday.
Dec 24, 2013 by Mark BrooksFDA Questions Actavis on Contraceptive PatchMost birth control drugs use a combination of two female hormones, estrogen and progestin. The company's patch contains only progestin.
Dec 24, 2013 by Mark BrooksHyundai, Kia Offer Lump-Sum Payments Over Mileage ErrorThe companies say the lump-sum payment amount varies but would average $353 per Hyundai owner and lessees and $667 for Kia.
Dec 23, 2013 by Mark BrooksSome Market Forecasts for 2014On average, market strategists expect 2014 to be somewhat tame. Most are looking for the S&P 500 to rise to 1,850 to 1,900 points, a gain of just 2% to 4%.
Dec 23, 2013 by Mark Brooks5 Ways the Fed's Influence Has Expanded Over Its 100 YearsThe Fed uses short-term rates to meet its dual mandate: Maximizing employment and stabilizing prices.
Dec 23, 2013 by Mark BrooksHeadphones, Speakers Among Top-Selling Electronics GiftsAudio gear, which can range from $50 to more than $500, is being considered by some an affordable luxury during a still shaky economy.
Dec 23, 2013 by Mark BrooksJos. A. Bank Turns Down Men's Wearhouse OfferJos. A. Bank Clothiers Inc. says its board unanimously rejected the offer.
Dec 20, 2013 by Mark BrooksSenate Confirms Turnaround Specialist to Head IRSThe Senate also cleared the way for Janet Yellen to succeed Ben Bernanke as head of the Federal Reserve.
Dec 20, 2013 by Mark BrooksS&P Strips EU of Its Top AAA Credit RatingFriday's one-notch downgrade to AA+ is unlikely to cause too many problems for the world's biggest trading bloc.
Dec 20, 2013 by Mark BrooksNYC Expands Smoking Ban to Include e-CigarettesThe FDA has said it intends to regulate e-cigarettes as tobacco products, but has yet to issue any rules, leaving manufacturers free to advertise while regular cigarette ads are banned.
Dec 19, 2013 by Mark BrooksBernanke, in His Own Words, at His Groundbreaking News ConferencesOn Wednesday, Bernanke held his 12th and final news conference as chairman.