HP names 3 new board members amid turnaround push
Hewlett Packard Co. enters a board shakeup adding Jim Skinner former McDonald s CEO Raymond Ozzie former Microsoft chief software architect and Robert Bennett former Liberty Media president and CEO to boost governance amid a multi year turnaround with shares edging up to 26 28.
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Oil steady as pump prices rise amid Chinese growth slowdown
Crude held near flat in New York as China’s slowed expansion tempers gains. August crude rose 1 cent to $105.96 while gasoline averaged $3.61 a gallon, up 6 cents over the weekend. Regional price jumps included Indiana and Michigan, with Indiana counties Hancock and Shelby posting the largest weekly gains. Brent traded at $108.82.
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U.S. business stockpiles rise modestly in May
Commerce data show business inventories up 0.1 percent in May from April while May sales climb 1.1 percent. The modest stockpiling suggests slower near term growth, though higher sales may prompt restocking and stronger second half growth. Total stockpiles reach $1.66 trillion, up 3.8 percent from May 2012.
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Washington
U.S
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Stock Notice Seeks Editor Contact
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