Steve Easterbrook, the new chief executive of McDonald's Corp., on Wednesday said the success of his plan to revive the fast-food giant will hinge on many small things--like how long its restaurants toast the burger buns.
Asian shares edged up on Thursday on vague hopes of a rescue deal for Greece while the dollar was at the helm in currency markets on expectations that the US Federal Reserve will raise rates later this year.
The Nasdaq Composite (RIXF) gained 73.84 points, or 1.5%, to 5106.59, the highest ever level, as its heaviest-weighted component, Apple Inc.(AAPL), climbed 1.9%.
TOKYO—Japanese retail sales jumped 5.0% from a year earlier in April, government data showed Thursday, regaining some ground after a tax-induced lull last year.
Exxon Mobil CEO Rex Tillerson again rebuffed criticism Wednesday that the company was not doing enough to cut carbon emissions, arguing that current climate models were not yet strong enough to justify a drastic shift away from fossil fuels.