McDonald’s CEO Don Thompson to retire
(Reuters) – McDonald’s Corp said Chief Executive Don Thompson would retire at the end of February and be succeeded by Steve Easterbrook, the company’s chief brand officer.
Big banks fail to dismiss U.S. currency rigging lawsuit
NEW YORK (Reuters) – A federal judge on Wednesday said U.S. investors may pursue a nationwide antitrust lawsuit accusing 12 major banks of rigging prices in the $5.3 trillion-a-day foreign exchange market.
Fed upbeat on U.S. economy, cites strong job gains
WASHINGTON (Reuters) – The Federal Reserve on Wednesday said the U.S. economy was expanding “at a solid pace” with strong job gains in a signal that the central bank remains on track with its plans to raise interest rates this year.
Amazon ramps up enterprise push with email service
SAN FRANCISCO (Reuters) – Amazon.com Inc accelerated its efforts to win over corporate clients on Wednesday by announcing an email and scheduling service that will compete with Microsoft Corp and Google Inc .
GM says it has no plans to extend ignition switch claims deadline
DETROIT (Reuters) – General Motors Co on Wednesday said it does not plan to extend a Jan. 31 deadline to file claims in its faulty ignition switch compensation program, rejecting pleas from two U.S. senators to extend the cutoff.
Facebook tops Wall Street revenue target in fourth quarter
SAN FRANCISCO (Reuters) – Facebook Inc’s revenue grew 49 percent in the fourth quarter, as mobile advertising growth helped the world’s largest Internet social network beat Wall Street’s targets for earnings and sales.
Wall Street ends lower after Fed statement, oil drop
NEW YORK (Reuters) – U.S. stocks closed down on Wednesday, driven by a sharp decline in the S&P 500 energy sector, after the Federal Reserve said the domestic economy was growing at a solid pace, signaling it remains on track to raise interest rates later this year.
Boeing fourth-quarter profit surges; sees cash rise in 2015
(Reuters) – Boeing Co reported a 23 percent increase in core fourth-quarter profit on Wednesday, topping analysts’ estimates and sending its shares up 4.3 percent.
Exclusive: EU considers capital markets curbs among new Russia sanctions
BRUSSELS (Reuters) – New European Union sanctions against Russia could include further capital markets restrictions, making it harder for Russian companies to refinance themselves and possibly affecting Russian sovereign bonds, EU officials said on Wed…
Fiat Chrysler no longer ‘bleeding’ in Europe, but challenges remain
MILAN/DETROIT (Reuters) – Fiat Chrysler Automobiles expects to turn profits in all regions this year, but faces pressure to rev up its North American profit engine to fund an ambitious overhaul of its Alfa Romeo and Maserati brands.
