COMPANIES

Several media reports say that Hewlett-Packard (NYSE:HPQ) is considering ousting CEO, Leo Apotheker, only 10 months after he officially took the helm on Nov. 1, 2010.

Indian manufacturer, Tata, has launched a new gold and jewel encrusted Nano, three years after introducing it as the world's cheapest car.

UBS CEO Oswald Gruebel will ask the board of the Swiss financial giant to back his leadership and keep its investment bank after a $2.3 billion loss blamed on a rogue trader piled pressure on him to scale back or even split off the division.

FedEx Corp is seen reporting higher quarterly results than a year ago on Thursday, but analysts are more keen to see if the No. 2 package delivery company cuts its full-year guidance because stalled global economic growth has stifled volume.

Outsourcing leader Tata Consultancy Services (TCS) sees opportunity as corporate customers embrace new technology, although a poor economy means that overall spending in the United States and Europe will stay weak.

UBS CEO Oswald Gruebel will stress to the board of directors that he wants the investment bank to remain part of Swiss bank's "integrated banking model" in meetings on Thursday and Friday, sources said, after rogue trading cost the bank $2.3 billion.

The Supreme Court caused an astonishing last-minute delay to Troy Davis' execution on Wednesday, saying it needed time to review his appeal, CNN is reporting.

A federal appeals court revived a lawsuit by homeowners who accused eight major homebuilders of causing them to overpay for their homes by marketing nearby houses to high-risk borrowers who later went into foreclosure.

Air Canada still needs to reach agreements with three of its other unions -- pilots, maintenance workers and dispatchers -- whose contracts have also expired.

United Continental Holdings Inc. unveiled its revamped MileagePlus Frequent Flier Program that rewards big-spending travelers.

For the second time in a week's duration, the Supreme Court halted a planned execution in Texas by intervening in the final hours of the execution.

Namibia's Mineworkers Union of Namibia (MUN) on Wednesday served Rio Tinto's Rossing uranium mine with a strike notice after failing to reach a deal in talks over output incentives, with a stoppage expected to start on Friday.

Investments in energy-saving building retrofits and clean-energy projects can create hundreds of thousands of jobs and bolster the U.S. economy, former U.S. President Bill Clinton said on Tuesday.

Audi of America announces a new campaign for the 2012 Audi A6 that creatively puts focus on the increasingly challenging road conditions American drivers face today.

So how comfortable are we going to be using public rest rooms after getting to know about something like this? Starbucks might soon be paying a heavy price once again for another hidden camera affair. William Yockey, from Virginia is suing Starbucks after his 5-year-old daughter found a spy cam in one of its bathrooms in Washington, D.C. This is at least the third such incident reported this year for the coffee chain, ABC news reported.

Former home of Edna St. Vincent Millar, the narrowest house in NYC is currently for rent, costing $14,000 a month.

Full Tilt Poker is accused of defrauding players of $440 million

Hecla Mining Co., one of the largest silver miners in the world, said Tuesday it is linking its stock dividend policy to its average quarterly realized silver price in the preceding quarter.

A new USA TODAY survey shows that some airlines are charging up to $450 for overweight checked bags.

Second-quarter U.S. installations of photovoltaic solar panels rose 17 percent from the previous quarter as increases in nonresidential and utility-scale projects offset a weakened residential solar market.

Netflix has earned the wrath of its customers since it announced its decision to separate its unlimited streaming and unlimited DVD plans in the U.S. to better reflect the costs of each.

UBS AG Chief Executive Oswald Gruebel will seek a vote of confidence at a board meeting in Singapore for plans to slash the investment banking division that caused a $2.3 billion loss due to unauthorized trading, a Swiss newspaper reported on Tuesday.

Bank of China, a big market-maker in China's onshore foreign exchange market, has stopped foreign exchange forwards and swaps trading with several European banks due to the unfolding debt crisis in Europe, three sources with direct knowledge of the matter told Reuters on Tuesday.

Netflix (NFLX) stock fell another 7.4 percent, to $143.75, Monday, on the same day that chief executive Reed Hastings announced the DVD-by-mail business that defined the company will become a separate service called Qwikster.

A U.S. appeals court reversed an order freezing enforcement outside of Ecuador of an $18 billion damages award against Chevron Corp over pollution in the Amazonian rain forest.

With anticipation growing for Apple's next smartphone to hit shelves, industry watchers on Monday said the company could even roll out two devices: the iPhone 5 and the iPhone 4 Plus.

Hurricane Irene destroyed many pumpkin patches when it crippled the Northeastern states leading to a pumpkin shortage that could possibly double prices for Halloween.

Battered by the better burger wars among higher-end competitors including Five Guys, Wendy's has decided to remake and upgrade its 42-year-old hamburger. In doing so, the company spared no details in research and planning.

Finally, there's some good news for U.S. motorists. Gas prices, down about 10 cents per gallon in the past month to an average of $3.60 per gallon for regular unleaded, are likely to continue to decline, assuming no oil disruptions from major oil producers or a large storm in the Gulf of Mexico.