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Bank of America has filed its yearly statement that includes information on executive pay, which has revealed that during the same year when Bank of America’s share fell 58% and it laid off 30,000 employees, its Chief Executive Brian Moynihan surprisingly got a benefits package of over USD 8.1 million — almost four times than the previous year’s USD 1.9 million.

Hewlett-Packard is taking mixed reviews for its new TouchPad tablet with webOS pretty seriously, going by a leaked internal memo from the head ofHP's Palm Global Business Unit to staff that declares it will be "a marathon not a sprint" to fix the initial shortcomings of the device.

Hewlett-Packard is taking mixed reviews for its new TouchPad tablet with webOS pretty seriously, going by a leaked internal memo from the head ofHP's Palm Global Business Unit to staff that declares it will be "a marathon not a sprint" to fix the initial shortcomings of the device.

Warning … structural shift in the economy. Photo: AFP. ANZ has warned of a structural shift across the economy where industries such as manufacturing, tourism and retailing need to confront to the reality of a persistently high Australian dollar.