The problem for HP and doomed CEO Leo Apotheker runs much deeper than the obvious, including a sagging stock price, TouchPad tablet and WebOS failure, and a damaged brand image. The simple cultprit has been corporate indecisiveness, which has run amok throughout every problem the company has faced. That's why Apotheker is apparently out of a job and Meg Whitman, the former eBay CEO is in. But even that very move smacks of indecisiveness, since Apotheker has only been on the job for one year.
Don't have the time to pour over U.S. economic data and related reports? Well, for a quick-read on the U.S. economy, monitor the price of oil and General Electric's (GE) stock price.
The U.S. Federal Reserve intervened in the U.S. economy Thursday – the central bank did what investors thought they would do, but the Dow Jones Industrial Average still fell more than 270 points. What’s going on?
In writing the only book so far on GE leader Jeff Immelt -- Jeff Immelt and the New GE Way -- it was evident the leader was marked from the start by two distinct things. One was quite obvious, that Immelt followed Jack Welch, a man hailed at the end of the 20th century as one of the greatest business leaders of that century.
IBM has signed an extended deal estimated at up to $1 billion to manage the information technology systems of Vodafone's Indian unit until 2017, the Economic Times reported on Thursday.
Carol Bartz's ouster as Yahoo CEO leaves the ranks of women in the tech sector much smaller. Why?
To say it's been a discomforting time for U.S. stock investors lately would be an understatement. Europe debt concerns, a tepid U.S. economic recovery that’s not creating enough jobs, and now Hurricane Irene’s damage has jolted institutional investors. Given the above, where’s the Dow headed from here?
At Apple, all senior executives are male. Why? And why so few female CEOs?
Through massive pay raises and tax-dodging strategies, 25 CEO's were able to earn more than what their companies' pay in federal income taxes in 2010, according to an analysis by the Institute for Policy Studies.
Legendary investor Warren Buffett made a phone call to Bank of America CEO Brian T. Moynihan on Aug. 24 and offered to invest a staggering $5 billion in the bank. The Bank of America shares had been in doldrums amid questions over its liquidity situation and rumors that it would need a massive capital injection.
Warren Buffett showed again this week that his name and money is enough to give a struggling company instant credibility in the market. But the legendary investor also demonstrated his canny command of that reputation means that such deals can immediately generate profits.
Shares of the parent of online job board Monster.com are down nearly 70 percent this year, with most of that loss coming since early July. A company that once boasted a multi-billion dollar market valuation is now worth less than $1 billion.
The stock market inched back up this morning as bargain hunters scoured the Big Board for victims of last week’s crash.
To say it's been a discomforting summer for U.S. stock investors would be an understatement. The Dow has been on a wild ride, with large market drops followed by sudden reversals. Look for market choppiness to continue until investors determine whether the Fed's latest monetary policy decision will be enough to rev-up U.S. GDP growth.
After a week of wild gyrations that saw the Dow Jones Industrial Average rise or fall 400 points on four consecutive days, there?s word that a major bank in France with a funny-sounding name may be in trouble. Further, if you think a possible problem at France's Societe Generale won?t affect the value of the U.S. stocks you own, think again.
Here is a look at some of the top donors to election campaigns for the 12 members of the U.S. Congress named to a deficit-fighting "super committee."
Ironically, Exxon still generates about four times the annual revenue that Apple does.
For plenty of financial advisers -- who also serve as quasi-therapists, spiritual gurus and confidantes -- Monday was bad.
Market capitalization, also called market cap, means the total dollar market value of a company's all outstanding shares. It represents the aggregate value of a company or stock.
Compensating customers who were mis-sold insurance pushed Lloyds 3.25 billion pounds ($5.3 billion) into the red in the first half but the loss was broadly as expected and the British bank reiterated its full-year guidance.
Google adds a top FTC lawyer to its internal team
Second-quarter earnings rose at Comcast and the company is "pulling all the right levers," said one analyst. Comcast is benefiting from its purchase of NBCUniversal earlier this year.