Computer Giant Hewlett-Packard to Split In 2
HP to spin off PC and printer division into its own company while main firm will focus on corporate services.
ABC News’ John Kapetaneas reports: Morning Money Memo All eyes will be on Alibaba’s big opening day on the market this morning. The Chinese e-commerce giant is expected to raise $21.88 billion during its IPO, making it the largest public offering in history, valuing the...
It is an Election Day with no presidential race, no interactive maps to refresh to see if one state or another went red or blue, no balance of the Senate or House hanging by a thread. But there are some interesting, quirky, and straight-up crazy things being decided tonight. The ballots range from
Chief executive officers may not have the worst job in the world, but they certainly don't have the easiest. Managing thousands of employees, a contentious board of directors or a tough market, sometimes even the most competent people have the cards stacked against them. Take Ron Johnson, for
Restoration Hardware chairman and co-chief executive officer Gary Friedman has reportedly resigned over an inappropriate relationship with a 26-year old female employee, whose ex-boyfriend first alerted the furnishings retailer of the allegation. The New York Times reports that an ex-boyfriend of
A letter describing allegations of sexual harassment by former Hewlett-Packard CEO Mark Hurd has surfaced, claiming that the married Hurd repeatedly pressured a female contractor for sex and bragged about his popularity with “many” women, including Sheryl Crow. Hurd allegedly showed off his ...
Rumors of the ousting of Hewlett-Packard CEO Leo Apotheker drove the tech company’s stock up over seven percent when deliberations among the company’s board of directors leaked in published reports. The notion of ousting Apotheker and potentially replacing him with former eBay CEO Meg Whitman...
As Rupert Murdoch is set to testify before British Parliament Tuesday over the phone-hacking scandal that has roiled politicians, cops and legions of Brits once titillated by his tabloid press, the billionaire's media empire is showing more signs of unraveling. Shares of Murdoch's News Corp. NWS
Hewlett-Packard said Monday that it plans to raise its dividend for the first time in more than a decade and one day soon will sell "cloud computing"� services to the public. Hewlett-Packard CEO LÃ©o Apotheker detailed the computing giant's next-generation strategy, one that looks to cloud
Hewlett-Packard CEO LÃ©o Apotheker on Monday detailed the computing giant's next-generation strategy, one that looks to cloud computing to deliver software applications and services for consumers and businesses. At a media event here, HP's chief made his first go as corporate pitchman No. 1,