Neel Kashkari, the former Goldman Sachs Group Inc. executive chosen by ex-Treasury Secretary Henry Paulson to help rescue the U.S. banking system, is readying a challenge to California Governor Jerry Brown even as the world’s 10th-largest economy reaches its highest level in more than three decades.
Hewlett-Packard Co. is making a “big bet on software” by acquiring Autonomy Corp. and weighing a spinoff of the personal computer business, former Chief Executive Officer Carly Fiorina said in an interview.
Carly Fiorina, a former chief executive officer of Hewlett-Packard Co., endorsed Mitt Romney for the Republican presidential nomination today, describing the former Massachusetts governor as the candidate best able to beat President Barack Obama in November.
Hewlett-Packard Co.’s value has plunged to less than the $31 billion it spent during a five-year takeover binge, the strongest evidence yet that investors would be better served by disassembling the maker of consumer laptops, printers and corporate servers.
Tea Party supporters boasted of their 28 victories in U.S. House races. What the election results also made clear was that their appeal stopped at the border of the most densely-populated states and metropolitan areas.