Shares of Hewlett-Packard Co. are jumping after CEO Meg Whitman reiterated that revenue could grow next fiscal year.
Hewlett-Packard’s slump is deepening as the world’s largest personal computer maker scrambles to meet the growing demand for more versatile and less expensive mobile devices.
Hewlett-Packard wants to terminate its multi-million dollar naming rights deal for the arena known as the HP Pavilion, home of the NHL’s San Jose Sharks.
More than 80 “conservative voices” have signed onto a legal brief supporting the notion that same-sex couples should have a fundamental right to marriage.
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 that 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.
The Justice Department is suing eBay Inc., accusing the company of eliminating a significant form of competition by agreeing with Intuit Inc. not to hire each other’s employees.
Hewlett-Packard CEO Meg Whitman expects the technology company’s earnings to fall during the next year as she struggles to fix a wide range of problems in a weakening economy.
Hewlett-Packard is planning to cut about 2,000 more jobs than it had previously announced, as CEO Meg Whitman tries to turn the company around.
Hewlett-Packard plans to jettison 27,000 workers as the growing popularity of smartphones, the iPad and other mobile devices makes it tougher for the company to sell personal computers.