LOS ANGELES - Despite expected declines in movie and cable network income, the Walt Disney Company on Tuesday reported a 10 percent increase in quarterly profit, beating Wall Street's expectations by a wide margin.
The European Commission raised its euro-area growth forecast as the impact of a weaker euro and unprecedented monetary stimulus help the economy overcome pressure on confidence from the continuing crisis in Greece.
The U.S. dollar strengthened against the other major currencies in the early European session on Tuesday, as traders await the U.S.
The difficult-to-pronounce preservative is on a lengthy list of ingredients that the restaurant chain has promised to eliminate from its food by 2016.
BRUSSELS - The European Union's competition watchdog has U.S. fast-food giant McDonald's in its sights. The EU's executive Commission is examining allegations by trade unions that McDonald's has made unfair tax deals in Luxembourg.