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Economists say shopping surge will continue

Economists say shopping surge will continue

Shoppers’ holiday-season splurge was likely a preview of what’s to come in 2011, and economists say it should embolden companies to expand and hire. Americans spent more in the 50…

Fired HP CEO walks away with $28 million

Fired HP CEO walks away with $28 million

Lauded for making Hewlett-Packard Co. the world’s biggest technology company, CEO Mark Hurd was in negotiations for a new contract worth about $100 million, according to a person familiar with…

Embattled BP boss steps down

Embattled BP boss steps down

BP boss Tony Hayward will step down as head of the troubled oil giant, the company said Tuesday, after his heavily criticised handling of the Gulf of Mexico oil spill…