By filing for bankruptcy. All that and more tonight on nightly Business Report for monday, october 6th. Good evening, everybody. Im bill griffeth. Glad to be back. Im in for Tyler Mathisen tonight. Im susie gharib. The big news today was about the big breakup of hewlettpackard announcing plans to split the company in two after ebay. It will focus on its personal computers and printers, the other on the fast growing corporate i. T. And technology. Investors rushed in to buy hp stock sending shares up nearly 5 . Josh lipton has more on the reasons behind the split and whats ahead for the two companies. Think internet scale with billions of users and devices. Hewlettpackards Ceo Meg Whitman used to argue that the companys business lines worked, in her words, better together. Not any more. Now the company is splitting in two. One company, which is going to be called hp inc. Will be devoted to printers and personal computers and led by an executive in that division. Whitman will lead the ot
By filing for bankruptcy. All that and more tonight on nightly Business Report for monday, october 6th. Good evening, everybody. Im bill griffeth. Glad to be back. Im in for Tyler Mathisen tonight. Im susie gharib. The big news today was about the big breakup of hewlettpackard announcing plans to split the company in two after ebay. It will focus on its personal computers and printers, the other on the fast growing corporate i. T. And technology. Investors rushed in to buy hp stock sending shares up nearly 5 . Josh lipton has more on the reasons behind the split and whats ahead for the two companies. Think internet scale with billions of users and devices. Hewlettpackards Ceo Meg Whitman used to argue that the companys business lines worked, in her words, better together. Not any more. Now the company is splitting in two. One company, which is going to be called hp inc. Will be devoted to printers and personal computers and led by an executive in that division. Whitman will lead the ot
All that and more tonight on nightly Business Report for monday, october 6th. Good evening, everybody. Im bill griffeth. Glad to be back. Im in for Tyler Mathisen tonight. Im susie gharib. The big news today was about the big breakup of hewlettpackard announcing plans to split the company in two after ebay. It will focus on its personal computers and printers, the other on the fast growing corporate i. T. And technology. Investors rushed in to buy hp stock sending shares up nearly 5 . Josh lipton has more on the reasons behind the split and whats ahead for the two companies. Think internet scale with billions of users and devices. Hewlettpackards Ceo Meg Whitman used to argue that the companys business lines worked, in her words, better together. Not any more. Now the company is splitting in two. One company, which is going to be called hp inc. Will be devoted to printers and personal computers and led by an executive in that division. Whitman will lead the other company which will be
Last night we told you the widely held dow component was close to a deal to sell its real estate portfolio. What we didnt know is that that was just the beginning. The company is planning to essentially shed its entire finance unit. The first move is a 26. 5 billion sale of most of its real estate and mortgage portfolio to blackstone and wells fargo. But ge is not stopping there. The company will dramatically slim down ge capital over the next few years and buy back 50 billion worth of stock. That buyback ties apple for the biggest single buyback ever. Wall street loved the moves and sent shares higher by about 11 on the day. Mary thompson has our look at the deal and the new ge. Reporter in its most aggressive move in 14 years of ceo, jeff plans to slash the ge finance unit. Once a strength for ge seen as a drag now. We felt from an investors standpoint this was the right time. Reporter right time because low rates mean yield hungry buyers pay for these assets and selling them mean ge
Their rules over leaving one person alone in the cockpit. And im david eades here in london. Also in the program, were planes from a Saudiled Coalition carry out another night of bombing against Houthi Rebels in yemen. Also italys highest Appeals Court is to decide whether to uphold the guilty verdict against mapd knox and Raffaele Sollecito, for the murder of the british student, Meredith Kercher. Hello. German media say that pilots who apparently crashed an airliner into a mountain deliberately have been recommended for regular psychological assessment. A german broadcaster claims a note on a federal Aviation Authority file of Andreas Lubitz referred to an episode of Mental Illness. Another unconfirmed report says hed scene a sixmonth break from Flight Training because of depression. Police have seized some of his possessions. Among them a computer. German transport minister has welcomed an agreement to introduce new Safety Measures including a provision that two crew members should