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McDonald's reported a horrific sales month for February, especially in the U.S., where same-store sales slumped 4%, a far-worse result than analysts had estimated. ..
Analysts on average had estimated a 0.7 percent fall, according to analysts polled by research firm Consensus Metrix. McDonald's has been losing market share in the Unite ..
General Motors has headed off a potentially divisive proxy fight by agreeing to buy back $5 billion in stock by the end of next year. The move announced Monday is part of a de ..
One of the Kremlin's most vocal critics, Bill Browder, believes Putin's ultimate downfall could come at the hands of the unfolding economic crisis. ..
The three largest credit-reporting agencies will change the way they handle records in a major revamp long sought by consumer advocates. Medical debts won't be reported until ..
Apple Inc (AAPL.O) Chief Executive Officer Tim Cook on Monday is expected to announce details of the first product developed under his leadership, a watch that Apple hopes wil ..
European planemaker Airbus said on Monday that Air Lease Corporation had firmed up an order for 55 Airbus aircraft, comprising 25 A330-900neo and 30 A321lR. "ALC is alway ..
HONG KONG/BEIJING (Reuters) - China's long-awaited international payment system to process cross-border yuan transactions is ready, and may be launched as early as Septem ..
"The euro zone economy is showing definite signs of life," said Manfed Huebner, managing director at Sentix, adding that low oil prices and the weak euro were helpin ..