Most Active Stories
- HoHo Shorts Countdown: "Oh! Christmas Tree" by Mary Kaye Hester
- Wilmington Housing Authority Seeks Social Equity-Minded Partners
- Representative Susi Hamilton Speaks Out on State's New Tax Reform Package
- HoHo Shorts Countdown: "Crying with Santa" by Katharine Frazier
- Waste Part I: Managing the New Commodity
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.