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HP has higher profit; helped by PCs, printers (Reuters)

Hewlett-Packard (HP) Chief Executive Mark Hurd smiles during a news conference in Palo Alto, California, in this March 30, 2005 file photo. Hewlett-Packard Co. on Tuesday posted a higher quarterly net profit as the No. 2 computer maker gained market share in personal computers and sold more of its highly profitable ink supplies. (Lou Dematteis/File/Reuters)Reuters - Hewlett-Packard Co. on Tuesday posted a better-than-expected profit as the No. 2 computer maker gained market share in personal computers and sold more of its highly profitable ink supplies, sending shares higher by 4 percent.




Enron's Lay, Skilling broke no laws: lawyers (Reuters)

Daniel Petrocelli, attorney for Former Enron CEO Jeff Skilling, smiles as he crosses the street to Federal court in Houston for final arguments in the fraud and conspiracy trial of Skilling and Enron founder Ken Lay, May 16, 2006. (Richard Carson/Reuters)Reuters - Ken Lay and Jeffrey Skilling may be guilty of bad business judgment at Enron, but the ruined energy company's two former chief executives never broke the law, their lawyers argued in court on Tuesday.




Euronext, NYSE discuss merger proposals: source (Reuters)

Traders work on the floor of the New York Stock Exchange in New York May 10, 2006. (Keith Bedford/Reuters)Reuters - European share markets operator Euronext and New York rival NYSE Group Inc. are looking at merger options as industry players rush to team up, said a source familiar with the matter on Tuesday.




UAW units authorize Delphi strike, if needed (Reuters)

A Delphi sign stands behind a broken fence in Flint, Michigan in this October 8, 2005 file photo. The United Auto Workers on Tuesday said its U.S. hourly workers have voted overwhelmingly to authorize a strike if bankrupt auto parts maker Delphi Corp. tosses out its labor contracts as part of its reorganization. (Rebecca Cook/Reuters)Reuters - The United Auto Workers on Tuesday said its U.S. hourly workers overwhelmingly authorized union leaders to call a strike should bankrupt auto parts maker Delphi Corp. toss out its labor contracts.




Visa first-quarter US volume up 17.4 percent (Reuters)

A sample Visa Gold card is seen in an undated image. Visa USA, the largest U.S. credit card association, on Tuesday said its cardholders spent $318.2 billion in the first quarter, 17.4 percent more than a year earlier, with faster growth in online transactions. REUTERS/Handout (Reuters Graphic)Reuters - Visa USA, the largest U.S. credit card association, on Tuesday said its cardholders spent $318.2 billion in the first quarter, 17.4 percent more than a year earlier, with faster growth in online transactions.





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