Business

Toshiba Corp (6502.T) has decided to drop its auditor PricewaterhouseCoopers (PwC) Aarata, which declined to approve the company's full-year financial statement, the Nikkei financial daily reported. The Japanese tech company is in the middle of a conflict with PwC Aarata...

Coca-Cola Co (KO.N) said on Tuesday it would cut about 1,200 jobs as the beverage maker expands its savings target amid falling demand for fizzy drinks globally. Shares of the Dow component were up marginally at $43.39. Coca-Cola and rival PepsiCo...

JetBlue Airways Corp (JBLU.O) said it is postponing delivery of 13 aircraft scheduled for 2019 and 2020, and has swapped its 2018 Airbus order of A321neos to 11 A321ceos, which have an earlier engine design. In its first quarter earnings...

U.S. President Donald Trump tried to press Democrats on Monday to include funds for his controversial border wall with Mexico in spending legislation as lawmakers worked to avoid a looming shutdown of the federal government. The battle offers the Republican...

Halliburton Co (HAL.N) said on Monday that oil producers are completing nearly as many wells as they are drilling, a major reversal from when companies left wells unfinished in anticipation of higher oil prices. Increased demand for Halliburton's pressure pumping...

General Motors Co's (GM.N) bid to block hundreds of lawsuits, potentially worth billions of dollars, over a deadly ignition-switch defect broke down on Monday when the U.S. Supreme Court refused to hear its appeal claiming the suits were barred...

U.S. stocks surged on Monday, tracking a relief rally that swept through European and Asian stock markets, after Centrist candidate Emmanuel Macron won the first round of the French presidential election. Polls showed pro-EU Macron is expected to beat right-wing...

Microsoft Corp (MSFT.O) is rolling out upgrades to its sales software that integrates data from LinkedIn, an initiative that Microsoft CEO Satya Nadella told Reuters was central to the company's long-term strategy for building specialized business software. The improvements to...

Bank of America (BAC.N) reported a higher-than-expected jump in quarterly profit as bond trading surged and the lender earned more from advising on debt and equity offerings and deals. Wall Street banks have been vitalized by increased market activity prompted...

Goldman Sachs Group Inc (GS.N) reported earnings that missed Wall Street expectations on Tuesday as weak trading revenue outweighed gains in other areas, sending its shares down nearly 3 percent in premarket trading. The fifth-largest U.S. bank by assets generated...