Articles by Mike Obel

Mike Obel works as senior news editor for International Business Times. Prior to joining IBT, he worked on the Finance Desk of The Associated Press in New York. He has also worked for United Press International in Dallas and Philadelphia and the Oil & Gas Journal. Mike has done freelance work for newspapers and worked in public relations, speech writing and communications for BP and ConocoPhillips.

Best Buy: Brace For Impact

The struggling electronics retailer cut its fourth-quarter earnings forecast, due to price pressure, among other factors.

US Judge: Detroit's Broke

A federal judge's ruling makes it all but certain that pensions for currently retired city workers will be cut.


Shopko Store closing

Full List Of 2019 Store Closures

Several retailers have closed their brick-and-mortar stores as customer shift to online shopping. Here's a complete list of store closures for 2019 so far.