PALO ALTO (AP) - Hewlett-Packard Co. has promoted Bill Veghte to chief operating officer, the latest expansion of his responsibilities since the slumping technology company hired Meg Whitman as its CEO eight months ago. The appointment announced Wednesday makes it clear that Whitman intends to lean heavily on Veghte as she tries to boost HP's earnings and sagging stock price. Management missteps ...
DALLAS (AP) - AT&T lost phone subscribers from its contract-based plans for the first time in the latest quarter, in a sign that growth in the industry is stalling now that most Americans have smartphones.