Cisco Systems Inc. said Chuck Robbins will succeed John Chambers as chief executive officer, appointing a salesman with experience in global operations to revive growth amid intensified competition from upstart software makers.
Wall Street isn't savoring McDonald's (MCD) latest turnaround effort as its new management team attempts to revive the struggling fortunes of the world's largest fast-food chain.
In this March 11, 2015 photo, newly-filled and sealed bottles of Coors Banquet beer move along on a conveyor belt, at the MillerCoors Brewery, in Golden, Colo.
NEW YORK - U.S. stocks gained Monday, pushing the market close to record levels, as investors assessed corporate earnings. Stocks also got a lift from a report that showed factory orders rose in March for the first time since last summer.
(Adds FERC comment, other details, paragraphs 2-4, 8-9). By Lawrence Hurley. WASHINGTON May 4 (Reuters) - The U.S. Supreme Court agreed on Monday to review the legality of an Obama administration regulation aimed at encouraging efficiency in the ...