Toshiba fired Westinghouse chairman two days before bankruptcy filing

Toshiba sacked Westinghouse Electric’s chairman two days before the U.S. nuclear engineering subsidiary filed for bankruptcy protection last week, as the Japanese firm tries to draw a line under the travails of a business that has cost it billions of dollars. A...

Pepsi backlash raises bigger question about company’s marketing direction

PepsiCo might be pulling its controversial Kendall Jenner ad but it still faces an uphill struggle to recover from its marketing misstep, observers say. Experts said the beverage giant was trying to be hip and inject its product in a conversation about marches and the...

General Electric may sell division that makes lightbulbs

Thomas Edison may have co-founded General Electric, but that doesn’t mean the massive conglomerate isn’t interested in selling its consumer-lighting division, according to a report from The Wall Street Journal. Sources tell the Journal that the company is...

General Electric may sell division that makes lightbulbs

Thomas Edison may have co-founded General Electric, but that doesn’t mean the massive conglomerate isn’t interested in selling its consumer-lighting division, according to a report from The Wall Street Journal. Sources tell the Journal that the company is...

Leon Cooperman regrets selling Apple early: ‘We out traded ourselves’

Some of America’s biggest and brightest investors can admit to making mistakes in the stock market from time to time. “We mishandled Apple,” Omega Advisors’ Leon Cooperman told CNBC on Wednesday. Cooperman, who has a position in Microsoft, told...

More advertisers say they have ditched Fox’s O’Reilly show

Bill O’Reilly’s top-rated Fox News show may be starting to feel a financial sting after allegations that he sexually harassed several women. More than a dozen major advertisers, ranging from automakers Hyundai and BMW, to financial firm T. Rowe Price,...