Hewlett Packard http://kunc.org en Hewlett-Packard's Chairman Lane Steps Down http://kunc.org/post/hewlett-packards-chairman-lane-steps-down The computer maker's chairman Ray Lane has stepped down as executive chairman. He's been on thin ice with shareholders after his role in acquiring a business software company ended up hurting HP's bottom line. Fri, 05 Apr 2013 08:31:00 +0000 42487 at http://kunc.org Reports: Hewlett-Packard's Chairman Will Step Aside http://kunc.org/post/reports-hewlett-packards-chairman-will-step-aside Hewlett-Packard's chairman Raymond Lane will give up his position, <a href="http://online.wsj.com/article/SB10001424127887323646604578402791487880644.html?mod=WSJ_hps_LEFTTopStories"><em>The Wall Street Journa</em>l</a>, <a href="http://www.reuters.com/article/2013/04/04/us-hp-chairman-idUSBRE93312U20130404">Reuters</a> and <a href="http://www.bloomberg.com/news/2013-04-04/hp-s-lane-giving-up-chairmanship-whitworth-interim-chair.html">Bloomberg</a> are reporting.<p>"Ralph Whitworth, a H-P director and principal at Relational Investors LLC, will run the board temporarily until H-P recruits a pe Thu, 04 Apr 2013 21:55:00 +0000 Eyder Peralta 42474 at http://kunc.org Business News http://kunc.org/post/business-news-234 Transcript <p>(SOUNDBITE OF MUSIC)<p>RENEE MONTAGNE, HOST: <p>NPR's business news starts with a costly misstep by HP.<p>The California-based technology giant is writing down an $8.8 billion loss. CEO Meg Whitman says much of that comes from new revelations about Autonomy, a software company HP bought last year. She says the company lied about the state of its finances. HP plans to sue, and has asked authorities in both the U.S. and the U.K. to investigate. Transcript provided by NPR, Copyright National Public Radio.<p> Wed, 21 Nov 2012 10:36:00 +0000 36766 at http://kunc.org HP Takes $8.8 Billion Hit From 'Misrepresentations' By Company It Bought http://kunc.org/post/hp-takes-88-billion-hit-misrepresentations-company-it-bought Saying it was a victim of "serious accounting improprieties, disclosure failures and outright misrepresentations" by a British software company it acquired last year, tech titan <a href="http://h30261.www3.hp.com/phoenix.zhtml?c=71087&p=irol-newsArticle&ID=1760639&highlight=" target="_blank">Hewlett-Packard just announced</a> it erased $8.8 billion from its books last quarter to properly account for the acquisition.<p>The accounting charge "essentially wiped out the company's profits" for the quarter, <a href="http://dealbook.nytimes.com/2012/11/20/h-p-takes-big-hit-on-accounting-improprieties Tue, 20 Nov 2012 13:39:00 +0000 Mark Memmott 36713 at http://kunc.org HP Takes $8.8 Billion Hit From 'Misrepresentations' By Company It Bought More Cuts for HP, Colorado Impact Still Unknown http://kunc.org/post/more-cuts-hp-colorado-impact-still-unknown <p>Hewlett Packard will cut more jobs in an effort to turn the company around. On Monday the computer maker announced an additional 2,000 jobs will be eliminated on top the 27,000 worldwide cuts announced last May. Mon, 10 Sep 2012 20:31:11 +0000 Brian Larson 33439 at http://kunc.org More Cuts for HP, Colorado Impact Still Unknown