BC-Business News Preview

Staff Writer
Columbus CEO

Among the stories Monday from The Associated Press:



NEW YORK — McDonald's CEO Steve Easterbrook says he's stripping away layers of bureaucracy so the company can move faster to keep up with changing tastes. By Candice Choi. SENT: 560 words, photo. UPCOMING: Will be updated.


OMAHA, Neb. — Investor Warren Buffett conducts several interviews with financial news networks after spending the weekend with shareholders of his Berkshire Hathaway conglomerate. By Josh Funk. SENT: 130 words. UPCOMING: Will be updated. Incorporates BUFFETT-IBM, BUFFETT-INTEREST RATES.



WASHINGTON — Orders to U.S. factories rise in March for the first time since last July, breaking a long stretch of weakness in manufacturing. By Martin Crutsinger. SENT: 420 words, photo.


NEW YORK — U.S. stocks open higher, pushing stocks to record levels, as investors assess corporate earnings. By Steve Rothwell. SENT: 400 words. UPCOMING: Will be updated, 700 words by 5 p.m.


— DEAN FOODS-MILK BRANDS — Dean Foods will place all of its regional milk labels under one brand as part of a move to boost its business and tout the quality of its product. SENT: 130 words.



— CISCO SYSTEMS-CEO — John Chambers plans to step down in July after more than 20 years as the CEO of Cisco Systems Inc. SENT: 160 words.

— RIVIERA CASINO CLOSURE — The aging Riviera Hotel and Casino on the Las Vegas Strip will age no more as of noon, closing its doors to business permanently. The 2,075-room building and the 26 acres it sits on was sold to the as Vegas Convention and Visitors Authority in February. SENT: 140 words. UPCOMING: Will be updated, photos.

— DOW CHEMICAL-JOB CUTS — Dow Chemical will cut about 3 percent of its global workforce as it prepares to break off a significant part of its chlorine operations in a deal it announced earlier this year with Olin Corp. SENT: 250 words.

— SUPREME COURT-ENERGY REGULATION — The Supreme Court will hear a dispute over an electricity regulation in which utilities pay energy users in the wholesale market to reduce consumption. SENT: 140 words.



NEW YORK — Just before its $45 billion deal with Time Warner Cable collapsed over regulators' fears about a giant cable company's control over the Web, Comcast was racking up more Internet customers. For the first time, the country's largest cable provider has just about as many Internet as cable customers — 22.4 million each. By Tali Arbel. SENT: 690 words, photo. Incorporates EARNS-COMCAST.



ATHENS, Greece — Weekend negotiations between Greece and rescue lenders have made progress, officials on both sides say, even though Athens stressed it needed a swift release of delayed bailout money to keep up with debt payments. By Elena Becatoros and Raf Casert. SENT: 390 words, photos.

— CHINA-MANUFACTURING — Chinese manufacturing suffers its sharpest contraction in a year in April, raising pressure on Beijing to roll out new stimulus to keep growth in the world's No. 2 economy from slipping below the official target. SENT: 310 words.

— SYRIA-CURRENCY — Syrian state media says the central bank is pumping up to $200 million into the market to help boost the sagging Syrian pound. SENT: 130 words.

— FRANCE-GULF — French President Francois Hollande, seeking to strengthen political and business ties with the energy-rich Gulf states, arrives in Qatar at the start of a two-nation trip that will include a visit to neighboring Saudi Arabia. By Adam Schreck. SENT: 540 words, photos.