Archive: 05/19/2009

HP profits lower, to cut nearly 6,400 workers

US computer giant Hewlett-Packard reported a 17-percent fall in quarterly net profit on Tuesday and said it plans to cut two percent of its workforce, or nearly 6,400 workers, over the next year.

dateMay 19, 2009 in Business
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Amazon files patent suit against Discovery

US online retail giant Amazon has filed a lawsuit against Discovery Communications alleging it infringed four of Amazon's e-commerce patents, The Wall Street Journal reported on Tuesday.

dateMay 19, 2009 in Business
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