- Peltz gets key backer in fight for influence at DuPont
NEW YORK (AP) — Nelson Peltz gained a powerful backer Monday after the proxy advisory firm Institutional Shareholder Services said that change may be warranted at DuPont and recommended shareholders give the billionaire investor seats on its board.
- US stocks edge lower at start of busy week for earnings
NEW YORK (AP) — U.S. stocks edged lower Monday afternoon as investors waited for a busy week of corporate earnings to begin. European shares rallied on the hopes that Greece will strike a deal with its creditors for new bailout money after it reshuffled its negotiating team.
- Starbucks breakdown shows how registers have evolved
NEW YORK (AP) — A glitch that disabled registers at thousands of Starbucks stores Friday was a reminder of the invisible systems restaurants rely on to run increasingly sophisticated operations.
- VW chairman quits, but questions over future remain
FRANKFURT, Germany (AP) — Volkswagen's patriarch has left the building. Does this mean change is coming to the world's No. 2 automaker — in particular, to its high-cost ways of doing business?
- Stocks edge up at midday as investors wait for Apple results
NEW YORK (AP) — U.S. stocks are barely higher at midday as investors look ahead to Apple's results later today and a meeting by the Federal Reserve on interest rates.
- Burger King heats it up with spicy Whopper and sales surge
NEW YORK (AP) — The home of the Whopper enjoyed its biggest sales jump in nearly a decade in the U.S. and Canada during the first quarter, boosted by a pricier new flavor of its signature burger and an ongoing 2 for $5 promotion.
- Mylan rejects Teva's $40.1 billion buyout offer
NEW YORK (AP) — Mylan N.V. rejected Teva Pharmaceuticals' $40.1 billion buyout offer, saying the cash-and-stock proposal undervalues the company.
- With economy uncertain, no Fed rate hike is seen before fall
WASHINGTON (AP) — For 6½ years, the Federal Reserve has held its key interest rate near zero, and for nearly that long the financial world has speculated about when the Fed will start raising it.
- GM ignition switch death toll rises to 90
DETROIT (AP) — Families of at least 90 people killed in crashes caused by defective General Motors ignition switches will get compensation from the automaker.
- Burger King sales jump, boosted by a spicy Whopper
NEW YORK (AP) — The home of the Whopper enjoyed its biggest sales jump in nearly a decade during the first quarter, boosted by a new flavor of its signature burger and a popular 2 for $5 promotion.
- Chipotle finishes removing GMO ingredients from its food
NEW YORK (AP) — Chipotle says it has completed phasing out genetically modified ingredients from its food, making it the first national fast-food chain to do so.
- Stocks rise as investors prepare for busy week of earnings
NEW YORK (AP) — The U.S. stock market is opening moderately higher as investors prepare for a busy week of company earnings news.
- France's Capgemini to buy US rival iGate for $4 billion
NEW YORK (AP) — French technology company Capgemini is paying about $4 billion to buy U.S. rival iGate Corp. and expand its presence in North America.
- Fitch downgrades Japan citing economic concerns
Fitch Ratings has lowered Japan's credit rating as the country continues to wrestle with staggering debt.
- How London man may have helped trigger the 'flash crash'
NEW YORK (AP) — He operated from a modest suburban London home he shared with his parents, far from the city's glamorous financial center. He used off-the-shelf software anyone can buy.