Mike Lynch, founder of the software group Autonomy, said in an open letter to HP that members of his management team are being unjustly blamed for the huge writedown in the value of the unit which prompted a big quarterly HP loss....More
Thursday's settlement does not close the book on the British energy giant's lengthy and complex legal battle over the devastating spill and must still be approved by a federal judge....More
The money, which came out of the receipts from sales to Indian government agencies over 2005-2007, "was eventually used to make unauthorized payments to phony vendors in India," the SEC said....More
The interest rate-setting Federal Open Market Committee (FOMC) said it expected "economic growth to remain moderate over coming quarters and then to pick up very gradually."...More
Company was fined over misbranding its drugs Paxil and Wellbutrin, and for holding back data while making unbacked claims for its diabetes drug Avandia....More
There is no change to ITR Economics' outlook of a second half-2013 and 2014 recession stemming from the recent decision upholding the Patient Protection and Affordable Care Act (the Act). Tax increases and ongoing deficits have been built into our 2014 forecast since we first announced the 2013-2014 recession probability in May 2010....More
'Nokia's far-reaching restructuring plan ... delineates a scale of earnings pressure and cash consumption that is larger than we had previously assumed,' Moody's said....More
Employers demand accountability in every other aspect of their business, so why not also in the third-largest cost of business itself health benefits?...More
Regulators in the U.S. and elsewhere have stressed that they will be watching to make sure that Google does not use the acquisition to obtain unfair advantage in the market....More
It seems to me that most people would agree with the following statement: "Small businesses are the job growth engine in this country." You've probably heard it in the office, at the ballpark, or on the nightly news broadcast. It’s accepted as common ......More
The bill was the subject of much debate, with some Tea Party conservatives in the House arguing that government subsidies to the bank hampered the free-market economy....More
Dialogue introducing new forecasting study on what the economy might look like in 2025 with a manufacturing resurgence. Video from the Aspen Institute....More
Manufacturing makes America strong. It makes families and communities strong. It provides national security. It gives us energy security. And for the 12 million men and women who work in manufacturing, it gives us pride....More
Christopher Barnatt of ExplainingComputers.com demonstrates how Big Data is transforming the business and industrial worlds and enabling new technologies and new breakthroughs that will help manufacturers work more efficiently than ever before....More
Beyond an initial novelty, 3D Printing could have a game-changing impact on consumer culture, copyright and patent law, and even the very concept of scarcity on which our economy is based....More
Christopher Barnatt of ExplainingTheFuture.com illustrates the inner workings of additive manufacturing machines and provides some real-life examples of how 3-D printing technology could dramatically change the manufacturing and retail industries as we know them today....More
Engineers at NASA's Jet Propulsion Lab break down the engineering and design challenges they faced during the Curiosity rover's complicated landing near the Martian equator on Aug. 5, 2012....More