- John Podesta eats crow: ‘I apologize to Speaker Boehner’
- U.S., China race to finish line on ‘invisibility cloak’
- Obama ‘cavalier’ in hiding foreign aid order, judge rules
- Prince Charles: Muslims are driving Christians from Mideast through persecution
- Gitmo’s first commander: Close the prison down
- Google’s newest photography find: Just wink and shoot
- Detroit’s Heidelberg art project hit by 8 fires in 8 months
- Pa. police pull people over for random DNA tests for feds
- NASA pushing hard to get back into space game
- Harvard student to face federal charges for bomb hoax
Latest Meg Whitman Items
Hewlett-Packard Co. said on Tuesday that it's the victim of a $5-billion-plus fraud, claiming a British company it bought last year lied about its finances.
Hewlett-Packard Co. said on Tuesday that it's the victim of a multi-billion dollar fraud at the hands of a British company it bought last year that lied about its finances.
Hewlett-Packard Co. said a British company it bought for $9.7 billion last year lied about its finances, resulting in a massive write-down of the value of the business.
Falling oil prices and a surprise announcement from Hewlett-Packard weighed on technology and energy stocks Tuesday.
Hewlett-Packard Co. said Tuesday that it's the victim of a $5-billion-plus fraud, claiming a British company it bought last year lied about its finances.
Hewlett-Packard's fourth-quarter earnings will provide the latest snapshot of a technology pioneer struggling to regain its edge as its personal computers and printers lose their appeal in a market tilting toward smartphones and tablets.
Hewlett-Packard Co. is expecting earnings to fall by more than 10 percent next year as CEO Meg Whitman struggles to fix a wide range of problems in a weakening economy.
A pair of encouraging economic reports helped nudge the stock market higher Wednesday. Measures of business activity in the service sector and job growth last month came in better than economists had expected.
Coming off the biggest quarterly loss in Hewlett-Packard's history, CEO Meg Whitman braced investors for even more trouble ahead as she methodically tries to fix a wide range of longstanding problems. Those challenges will be compounded by a feeble economy that Whitman expects to weaken even more during the next year.