CNBC's Phil LeBeau talks with Doug Parker, American Airlines CEO, about the benefits of his company's merger with U.S. Air and reveals where he sees growth for the new airline and how he plans to win over the corporate traveler.
Sysco agreed on Monday to buy US Foods for about $3.5 billion in stock and cash, uniting two of the biggest food distributors in the country.
McDonald's said Monday that a key sales figure rose 0.5 percent in November, even as the world's biggest hamburger chain faced tough competition and basically flat traffic in the U.S.. Its global sales performance was the same as in October. The stock ...
By: Kate Gibson | Markets Writer. U.S. stocks were slightly higher on Monday as Wall Street looked to speeches by several Federal Reserve officials and tracked budget negotiations in Washington.
Japan slashed its estimate of economic growth for the July-September quarter Monday as investment by companies slowed more than first estimated.