Business News You Need Today: Aug. 27, 2010
Business News You Need Today: Aug. 27, 2010
Business News You Need Today: Aug. 25, 2010
Business News You Need Today: Aug. 24, 2010
Scandal-shaken Hewlett Packard reported solid earnings results just days after company CEO Mark Hurd resigned following an sexually-tinged expenses imbroglio. The company's results weren't a surprise because it pre-announced its results after Hurd's departure.
Since the recession began, more than 8 million Americans have lost their jobs. But perhaps even more surprising is the small number of companies that are responsible for laying off such a large percentage of today's unemployed workers.
A top aide to former Hewlett-Packard (HPQ) CEO Mark Hurd resigned abruptly. Caprice Fimbres McIlvaine, formerly head of internal communications at the company, resigned effective Aug. 9, three days after Hurd%u2019s departure, Fortune reported. McIlvaine acted as "something of a chief of staff to Hurd", accompanying him on business trips and organizing gatherings of top customers, Fortune said.
The board of Hewlett-Packard Co (HPQ) was blindsided by the public relations campaign waged on behalf of former CEO Mark Hurd, who resigned last week over alleged ethics violations. Hurd, who collected a $12.2 million cash payment as part of his separation, hired Los Angeles-based public relations firm Sitrick & Co. days before quitting, The Wall Street Journal reported without naming its sources. Sitrick is known for handing crisis communications for big names such as celebrity Paris Hilton.
Ex-CEO Mark Hurd built HP into a sprawling, ungainly mishmash of tech companies, on "one-stop-shop" for info tech that few companies are clamoring for. It's probably better off chopped into three smaller companies that could manage growth more easily on their own.
Business News You Need Today: Aug. 10, 2010
Inappropriate reporting of expenses got Mark Hurd fired from his job running Hewlett-Packard. Will it cost him his seat on News Corp.'s board of directors also?
In the wake of Mark Hurd's resignation, HP's board now must assemble a list of possible candidates both from inside and outside the company. Some analysts call Todd Bradley, executive VP of HP's Personal Systems Group -- the $42 billion mobile and PC business -- the odds-on favorite.
If the scandal surrounding former Hewlett-Packard CEO Mark Hurd's resignation has taught us anything, it's this: Dishonesty pays at HP -- if you hold a high enough position, that is.
Business News You Need Today: Aug. 8, 2010
Ousted Hewlett-Packard CEO Mark Hurd may be disgraced, but his bank account isn't. He's leaving the company with a severance package worth approximately $28 million in cash and stock.
The chief executive of Hewlett-Packard resigned Friday amid allegations of sexual harassment. The company says Hurd violated its standards of business conduct.
Hewlett-Packard has agreed to settle a Justice Department lawsuit, which claimed the company paid kickbacks to government-work recommendations.
Two pioneering Silicon Valley women won decisive victories in California Republican primaries Tuesday, as anti-establishment candidates prevailed in GOP contests across the country.
One year after issuing a recall of tens of thousands of computer batteries, Hewlett Packard has expanded the recall to include another 54,000...
Hewlett-Packard's net income jumped 28% in the latest quarter as stronger demand for computers helped to heal a battered technology industry. The company also raised its 2010 forecast.
While the U.S. government sniffs around at Hewlett-Packard's allegedly shady dealings in Russia, Harvard economist Jeffrey Miron argues that in some places, bribery can be a good thing, and says the Foreign Corrupt Practices Act only handicaps U.S. companies while doing nothing to prevent corruption.
An investigation by The National Labor Committee alleges serious child labor abuses by KYE, a Microsoft supplier's factory in China. This is the latest case in a long list of U.S. companies accused of working with offending vendors.
Apple now says it's sold 450,000 iPad units, a monster jump from last week's declaration of 300,000 units sold on April 3, the tablet computer's...
In the decade since the tech-heavy Nasdaq reached its all-time high in the midst of the Internet bubble, the index has recouped just half half of its losses. Even so, tech is booming once again, and it seems a good time to take a look at where tech is headed in the next ten years.
Hewlett-Packard trimmed the net income it reported for its fiscal first quarter Friday, saying it has to set aside more money than expected to deal with a lawsuit against it in the United Kingdom.
Tech giant Hewlett Packard reported a 25% jump in profit Wednesday, beating Wall Street estimates. The results are the latest sign that consumers and companies are increasing spending on computer products. The maker of computers and printers also raised its 2010 outlook.
Oracle CEO Larry Ellison's Jan. 27 webcast announcing the completion of the Sun acquisition got overwhelmed by iPad-mania the same day. So much so, that it appeared as if Oracle had made a rare publicity blunder. But maybe not.
Hewlett-Packard (HPQ) reported quarterly results Monday after the bell. There were few surprises, because the company had pre-announced them last...
Hewlett Packard (HPQ), the Silicon Valley pioneer, reported a 14% jump in profit Monday night, thanks to cost-cutting measures that more than offset...
Somebody get the SEC on the phone, stat! Oh wait, they were closed Wednesday for Veterans Day. Suspicious activity in the options market for 3Com...
Computer giant Hewlett-Packard (HPQ) announced a $2.7 billion deal to buy 3Com (COMS), the huge networking company, late Wednesday. It's HP's...