Aug 20, 2013 by Mark BrooksAlly Financial to Pay Government $5.2 Billion to Buy Back Preferred Stock The government is still about $5.2 billion in the hole on the Ally deal.
Aug 20, 2013 by Mark BrooksUnions, Retirees Among Those Opposing Detroit Bankruptcy FilingThe city's budget deficit has hovered near or above $300 million during the past few years.
Aug 20, 2013 by Mark BrooksCarl Icahn Raises Chesapeake Energy Stake to 9.98%The company said last week that four of its top executives have left the company as part of an ongoing reorganization effort.
Aug 19, 2013 by Mark BrooksSamsung Galaxy Mega Phablet Measures 6.3 Inches DiagonallyAT&T Inc. says it will start selling the Mega on Friday for $150 with a two-year service contract.
Aug 19, 2013 by Mark BrooksReport: JPMorgan Investigated for China Hiring Newspaper report notes there's nothing illegal about hiring well-connected people, as long as they're qualified for the job.
Aug 19, 2013 by Mark BrooksAtlas Copco to Buy Edwards Group in $1.6 Billion DealAtlas will pay up to $10.50 per share for each share of Edwards.
Aug 16, 2013 by Mark BrooksSome Companies Halt Egypt Operations Amid ViolenceMany said they would assess the situation Saturday evening to determine if it's safe enough for workers to return Sunday.
Aug 16, 2013 by Mark BrooksVoice-Over Business Explored in Movie Called, of Course, "In A World..."Men are requested more than women for voice-overs, says one insider, partly because of "that deep, authoritative voice that exists."
Aug 16, 2013 by Mark BrooksChinese Stocks Swing Wildly After Computer Error Everbright sent 7 billion incorrect purchase orders for shares, according to a government news agency, China News Service.
Aug 15, 2013 by Mark Brooks"Downton Abbey" Merchandise Is on the WayA board game, homewares, clothes, beauty products, wine, and more will take advantage of the show's popularity.
Aug 15, 2013 by Mark BrooksForeign Holdings of US Treasury Debt Drop in June Treasury debt held by foreigners is up 5.4 percent from a year ago.
Aug 15, 2013 by Mark BrooksBerkshire Hathaway Increases GM Stake, Reduces Kraft, MondelezThat latest filing made Thursday also shows that Berkshire took a new stake in Dish Network, with 547,312 shares.
Aug 15, 2013 by Mark BrooksMarcellus Natural Gas Production Rising Fast in Pa., W.Va. Marcellus gas is supplying the Pennsylvania and Northeast markets, and a surplus may soon start flowing to the South and Midwest.
Aug 15, 2013 by Mark BrooksBillionaire Financier George Soros Boosts Stake in Apple Also boosts stake in Google, J.C. Penney.
Aug 14, 2013 by Mark Brooks2 Ex-JPMorgan Traders Charged in Relation to "London Whale"Prosecutors also announced they had agreed not to prosecute Bruno Iksil, the trader who allegedly made the bad bets.
Aug 14, 2013 by Mark BrooksMicron Cutting 5% of Work ForceReduction will come through attrition, voluntary buyouts, and layoffs, and will be completed by 2014.
Aug 14, 2013 by Mark BrooksHeinz Cutting 600 North American JobsReview leading to job cuts follows purchase by Berkshire Hathaway and 3G Capital.
Aug 14, 2013 by Mark BrooksEurozone Recession Officially Ends; Countries VaryBut pain is not over as many countries still have mountains of public debt to pay off and record unemployment.
Aug 13, 2013 by Mark BrooksQ&A: Ashton Kutcher Talks About Portraying Steve JobsKutcher hopes his performance is as much a lesson about entrepreneurship to today's youth as it a profile of a man who revolutionized technology.
