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Typical CEO made $9.6 M last year, AP study finds Published: Sun, May 27, 2012 Profits at big U.S. companies broke records last year, and so did pay for CEOs. Read More
Oil bounces back above $90 per barrel Updated: Thu, May 24, 2012 Oil bounced back Thursday, a day after falling below $90 per barrel for the first time in months. Read More
Oil falls below $90 a barrel Published: Thu, May 24, 2012 The price of oil dropped below $90 per barrel Wednesday, the latest milestone in a weekslong decline brought on by uncertainty surrounding economies from Europe to China. Read More
Investor anger mounts Updated: Wed, May 23, 2012 JPMorgan blunder, Morgan Stanley handling of Facebook IPO result in suits Read More
Eurozone is warned of 'severe recession' risk Published: Wed, May 23, 2012 The 17-country eurozone risks falling into a “severe recession,” the Organization for Economic Cooperation and Development warned Tuesday, as it called on governments and Europe's central bank to act quickly to keep the slowdown from dragging down the global economy. Read More
Facebook's stock falls 11 percent Monday Published: Tue, May 22, 2012 After Facebook's stock fizzled on Friday in its long-awaited debut, its stock fell 11 percent on Monday, even as the rest of the stock market rallied. Read More
Outcome-based payments have cost-saving potential Published: Mon, May 21, 2012 A New York Times article also published in the Arkansas Democrat-Gazette discussed a slowdown in the growth of health spending. Before 2009, health care spending invariably rose at 3 or 4 times the rate of inflation. But in 2009 and 2010, costs increased by only 4 percent and remained flat at 18 percent of our... Read More
New homes provide space for extended family Updated: Sun, May 20, 2012 Builders across the country are beginning to respond to a demand for multigenerational housing where aging parents are living with their children or adult children move back in with their Baby Boomer parents. Read More
Nation and world business briefs Published: Sat, May 19, 2012 G8 leaders to discuss crisis Read More
Clarence Page: Return of the vampire squid Published: Fri, May 18, 2012 Like a sequel to a bad horror movie, the “great vampire squid” is back. That was gonzo author Matt Taibbi's description in a 2009 Rolling Stone article of Goldman Sachs, the financial giant that played a central role in the 2008 financial meltdown. The world's most powerful investment bank, he wrote, was a... Read More
JPMorgan Chase CEO apologizes about $2 billion loss Published: Wed, May 16, 2012 Jamie Dimon, CEO of JPMorgan Chase, offered a quick but blunt apology to shareholders Tuesday for a $2 billion trading loss that “should never have happened” and survived a push to strip him of the title of chairman of the board. Read More
Greek, European debt crisis Published: Tue, May 15, 2012 Europe's debt crisis risks spiraling out of control. And in today's interconnected global economy, Greece's troubles, as well as those of Spain and Italy, could over time become a headache for all of Europe and by extension the rest of the world, including the U.S. Read More
Borrowing has become Published: Fri, May 11, 2012 Federal Reserve chairman concedes some mortgage difficulties, notes healthier credit conditions Read More
Europe's storied way of life faces threat from debt crisis Published: Wed, May 9, 2012 The European landscape is undergoing profound change — from its sophisticated lifestyle to its cherished welfare benefits such as guaranteed health care and a secure retirement, to a sense among many Europeans of being the world's elite. Here are some ways the continent is grappling with change in this time of... Read More
Oil price drops to lowest point of 2012 Published: Tue, May 8, 2012 The price of oil hit its lowest level of the year Monday after election results in Europe appeared to jeopardize the region's plan for recovery. Read More
Economy teeter-totters through uncertainty Published: Mon, May 7, 2012 Which way will the economy, and the stock market, go? Both have been see-sawing back and forth, temporarily in a balancing act that has bulls and bears — and economists — holding their breath. The stock market registers this standoff not only in the daily ups and downs but in dwindling volume, as each side... Read More
Oklahoma City industrial market is hot with oil Published: Sat, May 5, 2012 Industrial property users absorbed twice as much space in the first quarter as in all of 2011, prompting some realty brokers to wonder if speculative development can be hard behind. Read More
Jobs report sends oil to lowest price in six months Published: Sat, May 5, 2012 Motorists watch pump prices, look forward to filling up with cheaper gasoline. Read More
85 new jobs in proposed $952M Oklahoma City budget Updated: Tue, May 1, 2012 The Oklahoma City Council is considering a proposed $952 million city budget for fiscal year 2013. The budget includes 85 new city jobs, which were made possible with steady growth in the metro area. Read More
Manufacturing growth lifts stocks Published: Wed, May 2, 2012 Dow Jones industrial average closes at 13,279.32, its highest since 2007 Read More
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