Chief executive officer

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 days before Christmas than analysts had expected — the sharpest annual increase since 2006. It’s the surest sign yet they’re becoming less frugal as the […]

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 the negotiations. Instead, he’s getting about a third of that to just go away. In a stunning announcement Friday, HP said it ousted Hurd after […]