McDonald’s CEO Thompson to retire March 1
Don Thompson will retire as president and chief executive officer and as a member of the board effective March 1, the company announced Wednesday. Steve Easterbrook, senior executive vice president and chief brand officer, will succeed him.
Boeing profit soars on airplane sales
Demand for commercial airliners boosted Boeing Co.’s fourth-quarter profit by 19 percent, topping Wall Street expectations by a wide margin and offsetting weakness in the defense business.
ALSO: Boeing picked to replace Air Force One [MarketWatch]
Facebook status update: Profit, revenue beat expectations
Facebook beat profit and revenue forecasts for the seventh quarter in a row, continuing to win more mobile advertising revenue as most users shift to using the site on smartphones and other portable devices.
ALSO: Facebook sets up a Super Bowl page
Burgers got the best of sandwiches in 2014
We ordered 9 billion hamburgers last year, up 3 percent from 2013. At the same time, sandwich orders were down 2 percent overall.
ALSO: Shake Shack raises project price range for its IPO
Sears lays off 100 from Hoffman Estates headquarters
Warren Buffett’s sister donates $100 million to Northwestern
U.S. stocks slump on another dip in oil prices
Ford recalls 221,000 cars and vans over door latches and seat belts
Nissan recalls 768,000 SUVs to fix electrical shorts, hood latches
Toyota recalls 52,000 Avalon sedans for fire risk
California declares electronic cigarettes a health threat
Fed stays ‘patient’ but voices new concerns over low inflation
Denver airport bans sales of pot-themed souvenirs
Caesars bankruptcy case to be heard in Chicago
Fashion retailer H&M planning 400 more stores