Most Active Stories
- MA And CT Declare State Of Emergency, Issues Travel Bans As Winter Blast Nears
- Sit. Stay. Call 911: FIDO Vest Gives Service Dogs An Upgrade
- Winter Storm On Its Way
- New York State Assembly Speaker Sheldon Silver Arrested On Corruption Charges
- NYS Assembly Speaker Sheldon Silver Charged in Corruption Scheme
Wed November 21, 2012
Originally published on Wed November 21, 2012 9:49 am
(SOUNDBITE OF MUSIC)
RENEE MONTAGNE, HOST:
NPR's business news starts with a costly misstep by HP.
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.