HP Names Meg Whitman As New CEO
Hewlett-Packard is set to name Meg Whitman, the former eBay CEO and California candidate for governor, as its new CEO, according to published reports.
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Hewlett-Packard is set to name Meg Whitman, the former eBay CEO and California candidate for governor, as its new CEO, according to published reports.
The city of Sacramento is proposing to contract out maintenance of the municipality's four financially troubled golf courses to help ease the impact on the budget, but a report by the city auditor reveals millions in debt obligations as play continues to decline.
Wal-Mart Stores Inc. said Wednesday it plans to install solar-power panels at most of its California stores.
William Ellery McClatchy, who for years sat on the board of his family's newspaper business and was a Hall of Fame croquet player, has died. He was 86.
The City Council on Monday night will weigh in on a ZIP code controversy that has Rancho Cordova officials feeling betrayed by one of their largest employers.
Trying to avoid the fate of Borders, which closed the last of its bookstores over the weekend, Netflix Inc. is moving to separate the DVD-by-mail plan it built its business on from the online streaming service it's betting will be future of entertainment consumption.
Bank of America announced earlier this week that it is going to slash 30,000 jobs nationwide, so why was it holding a job fair Friday at its Rancho Cordova branch?
The U.S. Postal Service's plan to cut costs could lead to the closure of more than a dozen mail processing facilities employing hundreds of workers in California, including one in Stockton.
Banks have stepped up their actions against homeowners who have fallen behind on their mortgage payments, and the Sacramento area is one of the hardest-hit regions in the country.
The number of borrowers defaulting on federal student loans has risen substantially, highlighting concerns that rising college costs, low graduation rates and poor job prospects are getting more and more students over their heads in debt.
Bank of America will cut about 30,000 jobs over the next few years in a bid to save $5 billion per year. The cost-cutting drive is part of a broader effort to reshape and shrink the nation's largest bank as it copes with fallout from the housing bust.
A task force established by Sacramento Mayor Kevin Johnson is recommending a plan to raise nearly $400 million to build a downtown arena, a key step in the city's efforts to keep the NBA's Kings.
Carol Bartz was fired Tuesday as Yahoo Inc.'s CEO nearly three years into a tenure in which the company fell short of the turnaround she was charged with leading.
Employers stopped adding jobs in August, an alarming setback for an economy that has struggled to grow and might be at risk of another recession.
A federal judge has overturned a $1.3 billion verdict against business software maker SAP, calling it "grossly excessive."
