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Asian shares look set to advance, oil prices eye $50

TOKYO Asian shares look set to extend their recovery from 12-week lows on Thursday after renewed optimism on European banks' prospects and a rise in oil prices to near $50 a barrel helped lift global shares.

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Takata hires Lazard, seeks cash infusion after air bag deaths

Takata Corp confirmed on Wednesday it has hired investment bank Lazard Ltd to lead a financial restructuring in an effort to resolve costs stemming from its recall of tens of millions of faulty air bags linked to at least 13 deaths and more than 100 injuries worldwide.

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McDonald's closes headquarters due to expected worker protests

CHICAGO/LOS ANGELES McDonald's Corp said on Wednesday it temporarily closed its suburban Chicago headquarters for a third year in a row as fast-food workers plan to protest at the company's annual shareholders meeting with calls for wages of at least $15 an hour and union rights.

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Fed survey lays bare U.S. economic divide

WASHINGTON Almost half of American families say they would struggle to pay for emergency expenses and those with a high school degree or less are most likely to say their well-being has declined, according to a Federal Reserve survey released on Wednesday.

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    4:35pm EDT
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  • 17,851.51 USD
    +0.82%
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    11:35am EDT
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  • 16,757.35 JPY
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