CEO Philippe Dauman replaced 92-year-old majority-owner Sumner Redstone as chairman last week.
Coca-Cola continues to face declining soda consumption in the U.S., especially Diet Coke.
Yelp's revenue rose about 40% in the fourth quarter, topping analysts' estimates.
A private equity firm leads a consortium that will purchase the owner of the University of Phoenix.
Tesla said it planned to deliver 80,000-90,000 Model S and Model X vehicles in 2016.
The company did not provide a timeframe for the job reductions or an overall target for cuts.
On top of a 0.5% jump in average hourly earnings, employers increased hours for workers.
LinkedIn forecast full-year revenue of $3.60-$3.65bn, missing the average analyst estimate of $3.91bn.
Chances of it passing Republican-controlled Congress are virtually nil.
The firm's North America sales were excellent, although the aim is to break even in Europe this year.
Copyright © 2016. All rights reserved.