Mr Hurd， currently head of smaller US computer services group NCR， will replace Carly Fiorina， who was ousted from HP in February. HP’s shares closed up 8.1% in Tuesday trading in New York， following initial speculation of Mr Hurd’s appointment.
A judge has ordered Sony Corp. to pay $90.7 million to a company that develops technology that enhances video game realism but immediately stayed an order that would halt U.S. sales of Sony’s popular PlayStation consoles.
Bernard Ebbers， the once-swaggering CEO of WorldCom， was convicted Tuesday of engineering the largest corporate fraud in U.S. history - an $11 billion accounting scandal that capsized the big telecom company three years ago.
Lenovo Group has obtained U.S. government clearance for the purchase of IBM’s PC unit.
The PSP machine， a challenger to Nintendo Co.’s long-standing grip on the handheld video gaming market， will be sold as a “value pack” for $250 in the United States and for $300 Canadian dollars. It will include numerous accessories and - for the first million sold - a copy of the “Spider-Man 2” movie on the new Universal Media Disc format that Sony designed for the PSP.
Shares in Google jumped 9 percent to a record high after the company reported net income shot up more than seven times from a year earlier， beating estimates by a wide margin.
The devastating tsunami that wiped out cities， seaside communities and holiday resorts in southern Asia has not put holidaymakers off visiting the region， a survey has found.
Get an edge：取胜
When it comes to recruiting students for college， admissions officials are turning to increasingly outlandish stunts to get the attention of high schoolers. Birthday cards， ski weekends and even reality TV shows are being used by colleges and universities to get an edge.
Hiring the shirtsleeve crowd represents a shift in the economy toward higher-paying jobs and a more skilled workforce. It also indicates that some companies that squeezed their middle managements four years ago are starting to rebuild them.
Airbus agreed with Premier Wen Jiabao on Sunday to study the possibility of setting up an assembly line in China —— a move that could see its jets being built outside Europe for the first time.
Wagoner said the job cuts will come primarily through attrition and early-retirement packages to mitigate the impact on workers