If your Mac is still working ( I suppose so, since you mentioned "About This Mac" etc) , there's no need to use a thumb drive.
However, if you prefer to install a Mac OS through a USB, the installer should not be "copied" but made on a Mac device with e.g. createinstallmedia .
Personally I would install 10.11 El Capitan instead of 10.10 , it's known as a very stable OS version.
The only reasons I can think of to use a bootable USB installer :
- There's no OS installed on the internal drive
- You prefer to erase the OS installed and start with a clean install
Unfortunately you didnt give any details about your MBP (exact model and year) , so it's hard to guess which OS is supported or not on your machine....
Generally people choose an OS version based on compatibilty with apps and/or the last version supported for security reasons....
You can use a USB flash drive or other secondary volume as a startup disk from which to install the Mac operating system.
support.apple.com
Download and install current or previous versions of the Mac operating system on compatible Mac computers.
support.apple.com