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.
McDonald's knows you're not lovin' it anymore, and thinks it's got a great new plan to win you back. The world's biggest burger chain plans to restructure its globe-spanning empire, slash costs and spruce up its menu in hopes of becoming what a turnaround ...
Factories heated up in March as new orders rose for the first time since July in a sign economic growth should improve after a weak winter.
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.
COLUMBUS, Ind. (Reuters) - With inflation too low and the unemployment rate still higher than normal for the U.S. economy, the Federal Reserve should hold off on raising short-term interest rates until early next year, a top Fed policymaker said on Monday.