Mike Obel

Mike Obel assigns, edits and writes stories about business, markets, finance and economics. Before coming to International Business Times, he worked on the Finance Desk of The Associated Press in New York. Prior to that he worked for United Press International in Dallas and Philadelphia. Mike has done freelance work for newspapers and the Oil & Gas Journal, as well as worked in corporate public relations, speech writing and media communications for BP PLC and ConocoPhillips.

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Articles by Mike Obel

US Biz Confidence Sputters On Future Concern: NFIB
April 09 2013 8:32 AM

Small business owners were less optimistic in March than in recent months about the U.S. economy's direction, according to a new study.
Lagardere Sells 7.5% Stake In EADS For $2.98B
April 09 2013 7:42 AM

Lagardere waited until EADS shares rose sharply before selling all of the 61 million shares it held in the company.
GE Taps Lufkin Industries For $3.3 Billion
April 08 2013 9:02 AM

With the purchase of Lufkin, GE has expanded its investments in the upstream oil and gas business.
China's Xi: Business Secrets Are Safe Here
April 08 2013 7:37 AM

China's leader addresses a long-standing complaint of non-Chinese companies in his country: corporate espionage.
North Korea To Pull 55,000 People From Kaesong
April 08 2013 7:11 AM

Another week, another threatening move: North Korea announces a provocative act du jour.
US Economy Creates A Mere 88,000 Jobs In March
April 05 2013 9:07 AM

The unexpectedly weak March jobs report hammered the markets, but economists cautioned against overreacting.
Samsung Riding Surging Galaxy Sales To Big 1Q 2013
April 05 2013 7:11 AM

Galaxy S4 sales are booming in emerging markets, and the upshot will be a big first quarter for Samsung Electronics.
Rich Nations Got Poorer Last Quarter: OECD
April 04 2013 7:29 AM

Shrinking inventories in rich countries caused their economies to contract in the fourth quarter of 2012.
Bank Of Japan Launches Aggressive Easing - Yen Plunges, Nikkei Soars
April 04 2013 4:17 AM

The scope of the Bank of Japan's new monetary easing program stunned markets, surprised analysts and fired up the nation's stock market.
Verizon's Denial Of Interest In Vodafone Hits Share Price
April 03 2013 5:17 AM

Verizon's quest to buy Vodafone's stake in Verizon Wireless is back to Square One.
Fed's Lockhart: Bank Could Taper QE This Year
April 02 2013 1:45 PM

If unemployment data continues to improve, the head of the Atlanta Fed said he may support cutting back on quantitative easing.
Vodafone May Be Sold For $245B To Verizon, AT&T
April 02 2013 1:32 PM

If the deal goes through, it will be the largest corporate acquisition in history.