Russian watchdog shuts four McDonald's restaurants in Moscow
Russia ordered the temporary closure of four McDonald's restaurants in Moscow on Wednesday, a decision it said was over sanitary violations but which comes against a backdrop of worsening U.S.-Russian ties over Ukraine.
Aug 20, 2014 3:14 PM EDT
Dollar General enters race for Family Dollar with $8.95 billion bid
Dollar General Corp offered to buy Family Dollar Stores Inc for $8.95 billion, trumping a bid by Dollar Tree Inc and aiming to strengthen its dominance of a growing segment of retailers serving penny-pinching customers.
U.S. consumer prices rise modestly in July
U.S. consumer prices barely rose in July as declining energy costs partially offset increases in food and rents, which could give the Federal Reserve ammunition to keep interest rates low for a while.
U.S. housing market improving, inflation pressures muted
U.S. housing starts surged to an eight-month high in July, suggesting the nation's housing market recovery was back on track after stalling in the second half of last year.
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U.S. consumer sentiment dips in preliminary August reading
U.S. consumer sentiment fell in August to its lowest since last November while a barometer of current economic conditions rose to its highest since July 2007, a survey released on Friday showed.
Aug 15, 2014 3:53 PM EDT
Exclusive: Shake Shack fast-food chain preparing for an IPO - sources
Shake Shack, the fast-food restaurant chain famous for its hamburgers and milkshakes, is preparing to go public, seeking to tap stock market demand for popular casual dining companies, according to people familiar with the matter.
Aug 15, 2014 3:14 PM EDT
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