Shake Shack Inc (SHAK.N) forecast slowing same-restaurant sales growth in 2015 and swung to a loss in the fourth quarter, helping to send the hamburger chain's shares down as much as 9 percent after its first quarterly report as a public company.
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Apple's iTunes, App Stores back online after unusually long outage
Apple Inc's iTunes and App Store came back online on Wednesday afternoon after an unusually long service disruption that the company blamed on an internal technical error.
Politics intrude as cybersecurity firms hunt foreign spies
The $71 billion cybersecurity industry is fragmenting along geopolitical lines as firms chase after government contracts, share information with spy agencies, and market themselves as protectors against attacks by other nations.
China's SAIC Motor, Alibaba to invest $160 million in Internet-connected cars
Chinese auto maker SAIC Motor Corp Ltd said on Thursday it would join forces with e-commerce giant Alibaba Group Holding Ltd to invest 1 billion yuan ($160 million) in a fund to develop Internet-connected cars.
Holcim, Lafarge in talks to renegotiate merger terms: FT
Swiss company Holcim (HOLN.VX) and French cement group Lafarge (LAFP.PA) are in talks to renegotiate the terms of their 41 billion euro merger after a divergence in the value of the two companies over the past year, the Financial Times reported.
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Toyota Motor Corp's (7203.T) U.S. arm said it was recalling about 112,500 vehicles due to possible safety issues. The recall affects about 110,000 Camry, Camry Hybrid, Highlander and Highlander Hybrid vehicles of model year 2015, RAV4 vehicles of model year 2014-2015, and 2,500 RAV4 EV vehicles of model year 2012-2014, the company said on Wednesday.
U.S. stocks ended lower for a second straight session on Wednesday as worries grew about the timing of a Federal Reserve interest rate hike and dollar strength further dampened the outlook for U.S. earnings.
AEG has dropped its proposal to build a National Football League stadium in downtown Los Angeles, the entertainment company said, after two groups this year put forward competing plans for a stadium in the city's suburbs.
Chinese demand for New Zealand infant formula has fallen after a threat by suspected environmental activists to contaminate the product with an agricultural poison, the head of an exporter group said on Wednesday.
Tyson Foods Inc has removed gentamicin, a key antibiotic for human use, from company hatcheries, the company told Reuters on Tuesday.
Growth in China's investment, retail sales and factory output all missed forecasts in January and February and fell to multi-year lows, leaving investors with little doubt that the economy is still losing steam and in need of further support measures.
The best performing technology fund since the peak of the dot com boom did it all without owning Apple Inc (AAPL.O), whose soaring stock price has pushed the Nasdaq near a new record high.
Big U.S. banks, including JPMorgan Chase & Co (JPM.N) and Citigroup Inc (C.N), are expected to win Federal Reserve backing on Wednesday to buy back more shares and increase their dividends in the coming year, but the approvals may be as much about the institutions’ financial engineering as any improvement in their health.
The euro dived to its lowest since early 2003 against the dollar on Wednesday, dragging other European currencies with it on the back of the huge differences developing in market interest rates between Europe and the United States.
