McDonald's CEO releases turnaround plan, stock dips

- McDonald's Corp's new chief executive on Monday laid out initial plans for luring back customers, boosting sales and transforming the world's biggest restaurant chain by revenue into a "modern, progressive burger company."

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Bull market 'supercycle' for stocks, bonds is ending: Bill Gross

NEW YORK - The bull market "supercycle" for stocks and bonds is approaching an end, as the unconventional monetary policies that have bolstered asset prices since the financial crisis are running out, widely followed investor Bill Gross said on Monday.

8:38am EDT

Oil hits 2015 high as traders look beyond ample supply

LONDON - Oil rose to a 2015 high of $67 a barrel on Monday supported by expectations the crude supply glut will ease and after weak Chinese factory activity reinforced views stimulus measures would be rolled out.

8:50am EDT

China April HSBC PMI shows biggest drop in factory activity in a year

BEIJING - China's factories suffered their fastest drop in activity in a year in April as new orders shrank, a private business survey showed on Monday, hardening the case for fresh stimulus measures to halt a slowdown in the world's second-largest economy. | Video

8:31am EDT

VW board will discuss recruitment of new chairman: sources

BERLIN/HAMBURG - Volkswagen's supervisory board will on Monday discuss finding a new chairman to fill the void left by Ferdinand Piech's shock departure last month, sources told Reuters.

8:22am EDT

Pension, labor disputes dog Greek talks as cash dwindles

ATHENS/BRUSSELS - Wide differences over pension and labor reforms continued to dog intensive negotiations between Greece's leftist government and its international creditors despite progress in other areas as the country's cash position becomes increasingly critical.

7:59am EDT


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