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A look back at some major CEO flameouts

Ron Johnson's short-lived tenure as J.C. Penney's CEO will go down as one of the biggest flameouts in corporate America. The former Apple executive was hailed as a big thinker when he was hired by the ailing department store ...

Atop Meg Whitman's worries: H-P's size

(AP) -- Meg Whitman's primary job as Hewlett-Packard Co.'s new CEO will be to restore a sense of direction at a company that has lost its way after a decade of leadership lapses and disjointed deal-making.

HP stock hits 6-year low after Whitman named CEO

(AP) -- Hewlett-Packard Co.'s stock sank Friday to its lowest level in six years, as investors worried that new CEO Meg Whitman isn't the right person to turn the company's fortunes around.

HP says it will keep personal computer unit

Hewlett-Packard Co. has decided against spinning off or selling its PC division - a plan first brought to light in August by the technology conglomerate's now former CEO.

Stock holder sues HP execs for rosy outlook

Hewlett-Packard (HP) is being sued by a stock holder who accuses executives of painting a deceptively rosy picture of the computer company's prospects.

HP CEO pleads patience as earnings fall 44 pct

(AP) -- Hewlett-Packard Co. CEO Meg Whitman pleaded for patience Thursday as she described operational challenges and other internal problems that contributed to a decline in earnings at one of the world's largest technology ...

HP shares up on CEO ouster reports

Hewlett-Packard shares surged on Wall Street on Wednesday amid reports that chief executive Leo Apotheker, hired less than a year ago, could be on his way out.

HP to name Meg Whitman as CEO

(AP) -- Hewlett-Packard is set to name Meg Whitman, the former eBay CEO and California candidate for governor, as its new CEO, forcing aside Leo Apotheker after just 11 months on the job.

Oracle agrees to $306 mn settlement in SAP case

US business software giant Oracle said Thursday it agreed to accept a $306 million settlement from German rival SAP to shortcut the appeals process in a suit over massive copyright infringement.

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