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.
Level Global Investors LP co-founder David Ganek was described by a prosecutor as a co-conspirator in an insider-trading scheme that involved his fellow company co- founder Anthony Chiasson.
Royal Bank of Scotland cannot rule out suffering another meltdown in its computer systems despite pledging to spend £150m a year making them more resilient, one of the bank’s most senior executives said on Thursday.
New estimates on the amount of oil contained in a discovery close to Gatwick airport suggest there could be over 9bn barrels in place.
'My primary driver in everything that I did was about doing a really good job'.