The world's largest hamburger chain reported falling earnings and sales for its fourth quarter on Friday and says it is going to take action this year to save money and bring customers back. This includes slowing down new restaurant openings in some markets.
The huge cost of ensuring timely deliveries cost UPS during the holidays and the shipping company cut its outlook for the year. Its shares plunged almost 10 percent in morning trading Friday.
Expedia has acquired travel booking site Travelocity from the Sabre Corp. for $280 million in cash.
Starbucks Corp.'s fiscal first-quarter earnings soared 82 percent as the coffee chain attracted more customers around the globe who snapped up an expanded offering of food and drinks over the holidays.
Leaders of United and Southwest gave an upbeat forecast for 2015 that combined strong travel demand and cheaper fuel. Airline stocks soared on Thursday.
Americans hoping to save on European goods thanks to a falling euro shouldn't rush to uncork that bottle of French Bordeaux. There's very little to celebrate.
Average long-term U.S. mortgage rates fell for the fourth straight week, with the benchmark 30-year rate again marking its lowest level since May 2013.
Some McDonald's workers who say they were fired because of their race are suing the fast-food giant, accusing it of dodging responsibility for the discrimination and harassment they say they endured.
In an effort to better compete with BMW and Mercedes, Cadillac wants about 700 smaller U.S. dealers to create "boutique" stores that focus on the General Motors luxury brand.
Construction of new homes rebounded in December, helping to push activity for the entire year to the highest level since the peak of the housing boom nine years ago.
Melvin Gordon, who led Tootsie Roll Industries Inc. for more than five decades, has died at age 95.
As Eddie George neared the end of his nine seasons in the NFL, the running back began pondering his next play.
UnitedHealth topped Wall Street expectations for the fourth quarter, and the nation's largest health insurer brought an optimistic vibe for the new year as it detailed final results from 2014.
Japan's central bank said Wednesday it expects the world's third largest economy to rebound in the coming fiscal year after contracting 0.5 percent this fiscal year, in an upbeat assessment that scuttled hopes for fresh stimulus.
Airlines will save billions this year thanks to cheaper jet fuel, but they aren't likely to share the bounty with passengers - not while so many flights are already full.