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Oracle drops Andersen as auditor

Oracle has replaced Andersen as its outside auditor with Ernst & Young, the software company said Tuesday. Also Tuesday, Walgreen's and International Paper announced they were cutting their ties to Andersen. More than 100 companies have quit using the auditing company since it became implicated in the Enron scandal.

Oracle has replaced Andersen as its outside auditor with Ernst & Young, the software company said Tuesday. Also Tuesday, Walgreen's and International Paper announced they were cutting their ties to Andersen. More than 100 companies have quit using the auditing company since it became implicated in the Enron scandal.