BP Says "Multiple Companies" Responsible for Gulf Oil Disaster

A report by BP (BP) says that “multiple companies and work teams” are responsible for the Gulf oil disaster that killed 11 workers and spewed out millions of gallons of oil into the ocean.

“It is evident that a series of complex events, rather than a …

HP Sues Ex-CEO Mark Hurd Over New Oracle Job

Hewlett-Packard (HPQ) is suing its former chief executive, Mark Hurd, after news that he will be taking the post of co-president at competitor Oracle (ORCL). HP alleges that Hurd could end up violating confidentiality agreement…