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Wal-Mart names new U.S. COO in latest management shuffle

Wal-Mart Stores Inc promoted Judith Mckenna, a 20-year company veteran, to the post of chief operating officer in the retailer's latest reshuffling of senior management under U.S. chief Greg Foran.


OPEC cuts 2015 demand forecast for its oil to lowest in a decade

Global demand for OPEC crude in 2015 is expected to fall to the lowest level in more than a decade and far below current output, the group said on Wednesday, pointing to a hefty supply surplus without OPEC output cuts or a slowdown in the U.S. shale boom.

McDonald's to pare U.S. menus, ingredient lists

McDonald's Corp said on Wednesday it plans to cut the number of items on its U.S. menus and use fewer ingredients in food as it moves to speed up service, bolster sales and offer consumers personalized options to compete better with Subway and Chipotle Mexican Grill.

U.S. third-quarter growth likely to be revised higher on services data

U.S. economic growth was likely stronger in the third quarter than previously reported, according to data on Wednesday that showed spending on services expanding at a brisk clip.


Latest News

With Kim Matula exiting 'The Bold and the Beautiful' on the December 12th episode, fans are curious whether or not CBS will be recasting the character of Hope Logan. According to the latest spoilers, executive producer Bradley Bell has confirmed that they will indeed be recasting Hope Logan, but gives no definite names yet.
YouTube star turned DWTS celebrity Bethany Mota and dancing partner Derek Hough might no longer be dancing together, but it seems that the two might be keeping constant communication. Rumors have been circulating that the pair are dating, but the two seem to have gotten serious when Mota gave Hough a "parting gift"
The weakness of the rouble is hurting Russia, which has lost tens of billions of dollars because of sanctions imposed by the West in the Ukraine crisis, Prime Minister Dmitry Medvedev said on Wednesday.
Applications for U.S. home mortgages rose last week as both purchase and refinancing applications increased, an industry group said on Wednesday.
Congressional negotiators unveiled a $1.1 trillion U.S. spending bill that aims to avoid a government shutdown at midnight on Thursday and punts an immigration showdown between Republicans and President Barack Obama until February.
Weeks after the reality star was fired from 'Love and Hip Hop Atlanta', Benzino blasts LHH franchise creator, Mona Scott-Young. What does the renamed "master manipulator" has to say?
Waiting for the right moment to cut interest rates, India's central bank faces a problem over public perceptions that price rises will return to double-digits even though forecasts show retail inflation fell to a record low of 4.5 percent last month.
BP will cut hundreds of jobs across its global oil and gas business by the end of next year in a $1 billion restructuring program announced on Wednesday following steep falls in oil prices.
With Ingrid the Snow Queen gone and the spell of Shattered Sight eliminated, it seems like clear skies for Storybrooke. What happens when the Queens of Darkness decide to take a visit to the quiet little town?
The YouTube sensation turned teen pop star released his autobiography, "Austin Mahone: Just How it Happened:My Official Story". Mahone has dedicated the book to his mother, who the teen idol calls his "amazing role model".