Hewlett-Packard on Tuesday announced plans to cut 14 500 jobs over the next 18 months, representing 10% of the struggling company’s worldwide workforce. The plans were the first significant move by Mark Hurd, who was hired after Carly Fiorina was ousted as chief executive in February.
Internet giant Yahoo said on Tuesday its second-quarter profit grew sixfold from a year ago to -million, lifted by increased sales across a broad range of services and a one-time gain. That compared with a net profit of -million in the same period a year ago.
United States President George Bush on Tuesday night nominated an appeals court judge, John Roberts, as the new member of the supreme court, describing the choice as ”one of the most consequential decisions a president makes”. Democratic senators vowed to question him closely in the coming confirmation hearings.
They are the scourge of motorists across the former Soviet Union, known for accusing drivers of fictitious crimes and demanding a bribe to clear them. But now Ukraine has sacked all of its 23 000 traffic police. The President, Viktor Yushchenko, said they had ”discredited themselves” and would cease to exist.
Pakistan on Tuesday launched a series of sweeping arrests against Islamist militants across the country, in a move explicitly linked to the investigation of the 7/7 bomb attacks in London, officials said. Security officers detained at least 25 people in raids in several major cities including Faisalabad, Multan and Dera Ghazi Khan.
The United States President, George Bush, has agreed to aid India’s civilian nuclear power programme, an unexpected decision that reverses three decades of American policies designed to deter nations from developing nuclear weapons. The agreement is the first exception to the international bar on nuclear assistance to any country that does not accept monitoring of all of its nuclear facilities.
The Vodacom Challenge showdown between Kaizer Chiefs and Orlando Pirates will be watched by a sell-out crowd of approximately 50 000 on Sunday, but the Buccaneers are still pondering allowing on the field their four Bafana Bafana players who recently took part in the Concacaf Gold Cup tournament in the United States.
As Lance Armstrong closes in on a seventh straight Tour de France title, the high mountains safely behind him and the finish almost in sight, just one thing is missing: a daily stage win of his own. In all of his previous record six Tour wins, Armstrong always managed to win at least one individual stage.
Steven Gerrard scored two goals in two minutes on Tuesday to help put Liverpool into the second qualifying round of the Champions League after beating Total Network Solutions 3-0 and 6-0 on aggregate. Djibril Cisse scored the opening goal for the defending champions in the 26th minute.
The Argentinian coach of Mexican First Division giants Cruz Azul was kidnapped on Tuesday, the club’s vice-president announced. Ruben Omar Romano had just left a training session when five men forced the 47-year-old out of his 4×4 and took him away in another car.