Hewlett-Packard could be forced into a full disclosure this month of the accounting improprieties it claims to have unearthed at Autonomy, the Cambridge software firm whose value it has slashed in half following a £6.2bn acquisition last year.
Xstrata's chief financial officer is to quit the miner following its takeover by Glencore, becoming the first director to abandon ship after investors failed to approve a gold-plated retention plan as part of the deal.
Facebook (NASDAQ: FB) has a new plan to grow its user base-and mobile revenue-by expanding the reach of its mobile messenger app. Starting Tuesday, anyone with a mobile phone can sign up for Facebook Messenger, using just a name and phone number.
Antitrust regulators at the European Commission and the US Federal Trade Commission should either sue Google or drop their cases against the search giant, its executive chairman Eric Schmidt suggests.
Some you win....
As surely as little boys on sleds follow the first snowfall, the departure of Mary Schapiro as chairman of the Securities and Exchange Commission has occasioned one fawning encomium after another from the press.
Goldman Sachs CEO Lloyd Blankfein and President Gary Cohn have exercised more 10-year-old stock options, boosting their total gains to more than $5m each.
A Senate investigations subcommittee has questioned more than 80 people in its ongoing probe of $5.8bn in trading losses at J.P. Morgan Chase earlier this year, two people familiar with the investigation told FOX Business.
One of the hedge funds run by John Paulson, whose prescient bets were chronicled in 'The Greatest Trade Ever', is on track to be the second worst performer of 2012 among the universe of funds tracked by HSBC.
Walmart hid $76bn of assets in tax havens across the world, including $64.2bn managed by 22 different subsidiaries in Luxembourg, where Walmart has no stores, according to a study published on Wednesday.
Telecoms giant AT&T has been fined a record $100m for misleading consumers about the carrier’s “unlimited data” plans, plans that in fact capped data and slowed speeds by up to 90% after users topped 5GB of data in a month.
António Horta-Osório, the boss of Lloyds Banking Group, will on Thursday tell his fellow bankers to stop complaining about the wave of regulatory changes being imposed on the industry.