Business

The U.S. Justice Department has reached a $1 billion settlement with Toyota Motor Corp over the automaker's handling of consumer complaints tied to unintended vehicle acceleration and is set to announce the agreement as early as Wednesday, CNN reported. Sources...

Oracle Corp posted higher third-quarter revenue and profit that failed to satisfy investors looking for signs of a sustained turnaround and its shares fell about 4 percent. Shareholders had grown more optimistic after Oracle's previous quarterly results, but still worried...

Sony Pictures Entertainment plans to cut 216 jobs in California and has filed with the state Employment Development Department, according to a person familiar with the matter. Reuters reported on Monday that Sony Pictures is expected to announce layoffs throughout...

China drew $19.3 billion in foreign direct investment (FDI) in the first two months of 2014, up 10.4 percent from a year earlier, the Commerce Ministry said on Tuesday, indicating a sharp slowdown in February due to the Lunar...

Federal prosecutors on Monday announced the indictment of three men they accuse of being members of an international cybercrime ring that tried to steal at least $15 million by hacking into U.S. customer accounts at 14 financial institutions and...

Microsoft Corp Chief Executive Satya Nadella may unveil an iPad version of the company's Office software suite on March 27, a source familiar with the event told Reuters, and use his first big press appearance to launch the company's...

...Investors to pay N4.00 flat fee BEVERLY HILLS, CA, March 17, (THEWILL) - Good times are underway for capital market investors in the country as the Nigerian Stock Exchange (NSE) has commenced the reduction of the cost of its Trade Alert...

Asian shares hovered around one-month lows on Monday as Western countries issued fresh warnings of more sanctions on Moscow after Crimea voted overwhelmingly to break from Ukraine to join Russia, as expected. Japan's Nikkei led losses with a fall of...

BEVERLY HILLS, CA, March 17, (THEWILL) - The Nigerian National Petroleum Corporation, NNPC, over the weekend said it has pumped additional 956, 501,315 million litres of premium motor spirit, petrol, to the market as part of efforts to restore...

Twitter Inc CEO Dick Costolo will meet Shanghai government officials, academics and students in his first visit to China, signaling Twitter's interest in cracking a lucrative but thorny market with 600 million Internet users. Twitter, which has been blocked by...