HP has announced it will lay off 27,000 people, or eight percent of its 375,000-person workforce, all by October 2014.

In the wake of Facebook’s IPO spectacle, the first subpoenas, class action suits and SEC investigation rumors are flying.

Reporters and analysts have been scrambling to piece together just what happened with the pricing of Facebook's initial public offering.

The Organization for Economic Cooperation and Development predicts a long-term recession in the eurozone despite a gradual global economic recovery.

A $12.5 billion deal marries the software giant to one of its largest mobile hardware partners.

After its second full day of trading, the social network is languishing below its IPO price.

Other headlines: European missile defense shield; Al Qaeda claims responsibility for Yemen bombing; Facebook shares tumble.

Yahoo plans to sell approximately half its stake in the Alibaba Group, a move that will bring in $7.1 billion.

Facebook's shares failed to wow, earning only 28 cents per share after the much hyped IPO. Now the company faces questions about its next move.

Artist Tom Sachs designs collection of space clothes with Nike for "Space Program: Mars" exhibition.

Other headlines: Chen Guangcheng headed to the U.S.; G9 leaders meet at Camp David; SpaceX launch aborted at last minute.

Facebook has debuted on the public market, priced at $38 per share for a valuation of $104 billion.

The billionaire investor purchases 63 local papers in a show of faith in print journalism.

More headlines: Trayvon Martin's death 'ultimately avoidable;' Facebook IPO makes Zuckerberg worth $19.1 billion; Moody's downgrades Spanish banks.

Pinterest has raised more than $100 million in new financing after being valued at $1.5 billion.

More headlines: Foreclosures at five-year low; Mladic trial suspended; Suicide bombers shot in Afghanistan.

More headlines: Google launches "Knowledge Graph;" John Edwards' defense rests; Zimmerman injuries made public.

An increase in housing starts and builder confidence means good things for the notoriously troubled market.

General Motors has dropped its paid advertisement on Facebook, citing poor return on investment.

Google is partnering with more manufacturers to sell flagship Android phones directly to consumers.

Hostile company takeovers by Daniel Loeb and other major financial players have ushered in a new era of corporate raiders.

More headlines: JP Morgan shareholders question Dimon, Hollande's plane struck by lightning, Obama speaks at memorial for fallen police.

The new price would raise around $12.8 billion for the tech giant. Final pricing is expected to come out Thursday night.

More headlines: AZ wildfire grows, JP Morgan shareholders to question Dimon, Hollande sworn in as French president.

Apple co-founder Steve Wozniak says he would consider paying any price for Facebook stock.

More headlines: deal ends Palestinian hunger strike, Greece has one more chance to form a government, Facebook IPO this week.

Some are calling for Jamie Dimon's resignation in the wake of the JP Morgan crisis. Others say, it's time to do away with self-regulation.

Scott Thompson has stepped down as CEO of Yahoo following his resume' controversy. Ross Levinsohn has been named interim CEO.

More headlines: DoD opens 14,000 combat-related jobs to women, Angela Merkel's party loses big in German election, Ugandans capture Kony general.

JPMorgan CEO Jamie Dimon told Meet the Press the firm took too much risk managing its securities portfolio.