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McDonald's earnings fall

January 24, 2015 NEW YORK — McDonald's isn't lovin' it, and it's going to do something about i. more »»

UPS takes a hit during holidays, cuts outlook

January 24, 2015 NEW YORK — UPS spent heavily to avoid last year's debacle over the holidays, when an unexpected crush of last-minute shipping and terrible weather led millions of late deliveries. more »»

SkyMall files for bankruptcy

January 24, 2015 NEW YORK — Apparently, airline passengers aren't buying enough garden gnomes, superhero pajamas and heated cat shelters. SkyMall has filed for bankruptcy. more »»

Macau ranks No. 1 in economic performance among world cities

January 23, 2015 WASHINGTON — Macau, the Chinese territory known for casino gambling, outperformed the rest of the world’s major cities economically last year, according to a report out Thursday. more »»

Starbucks' 1Q profits soar on strong sales

January 23, 2015 SEATTLE — Starbucks Corp.'s fiscal first-quarter earnings soared 82 percent as the coffee chain attracted more customers who snapped up an expanded offerings of food and drinks over the holidays. more »»

Bank of Canada pays $5.4B for City National

January 23, 2015 NEW YORK — Royal Bank of Canada plans to boost its services for wealthy clients by paying about $5.4 billion in cash and stock to buy U.S.-based City National. more »»

First retailer reopens after Hawaii lava scare

January 23, 2015 HILO, Hawaii — A drugstore plans to reopen next week in the small Hawaii town that's being threatened by a slow-moving lava flow, making it the first major retailer to return since molten rock... more »»

Microsoft shows off Windows 10 and ‘HoloLens’

January 22, 2015 REDMOND, Wash. — Microsoft on Wednesday took the wraps off a new version of Windows — and a new wearable 3D gadget it calls the HoloLen. more »»

EBay to cut 2,400 jobs

January 22, 2015 NEW YORK — EBay plans to cut 2,400 jobs, or 7 percent of its staff, in the first quarter to simplify its structure and boost profit ahead of a planned separation of its business. more »»

4chan founder to retire from site

January 22, 2015 NEW YORK — The founder of the popular, if at times notorious, online message board 4chan is retiring as the site’s administrator. Christopher Poole launched the site in 2003 when he was 15 years ol. more »»

American Express to cut more than 4,000 jobs

January 22, 2015 NEW YORK — American Express is planning to cut more than 4,000 jobs across the company this year, a company spokeswoman told The AP. more »»

Global economy squeezed by worsening slowdown in China

January 21, 2015 HONG KONG — The global economy, slowed by stagnation in Europe and Japan, is being further hampered by China’s decelerating growth. The Chinese economy grew 7. more »»

Yahoo CEO poised to make fateful decision on Alibaba

January 21, 2015 SAN FRANCISCO — Yahoo CEO Marissa Mayer is facing her biggest business decision since she left Google two-and-a-half years ago to lead its struggling rival: how to manage Yahoo’s most valuable asset... more »»

Netflix reels in 4.3M more subscribers 4Q

January 21, 2015 SAN FRANCISCO — Coming off its best quarter yet, Netflix is hoping to hook millions more Internet video subscribers with the lure of original programming as the company tries to build the leading... more »»

Court won't hear dispute over debit card fees

January 21, 2015 WASHINGTON — The Supreme Court rejected a challenge from retailers who claim the Fed allows banks to charge businesses too much for handling debit card transaction. more »»

IBM 4Q revenue continues to sag

January 21, 2015 ARMONK, N.Y. — IBM's fourth-quarter net income dropped 11 percent as revenue in most categories continued to decline, and its outlook for the year disappointed investors. more »»

From car lots to city budgets, cheap oil means change

January 20, 2015 WASHINGTON — Cheap oil doesn’t only mean cheaper gas in the tan. more »»

Davos forum founder urges unity against ‘dangerous’ risks

January 20, 2015 DAVOS, Switzerland — World leaders must do a better job of coordinating their actions if they want to effectively combat the menace of terrorism and the grave risks from conflicts and volatility... more »»

EU won’t ease Russia sanctions as Ukraine conflict rage

January 20, 2015 BRUSSELS — The European Union’s foreign ministers on Monday ruled out any easing of sanctions against Russia as long as fighting rages in eastern Ukraine, despite concerns about the economic... more »»

Euro currency’s missing pieces challenge policymakers

January 20, 2015 FRANKFURT, Germany — Europe’s struggle with economic stagnation is raising questions about whether its prized project — the shared euro currency — can bounce back or even just survive. more »»

 
 
 

 

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