NPR's business news starts with a costly misstep by HP.
The California-based technology giant is writing down an $8.8 billion loss. CEO Meg Whitman says much of that comes from new revelations about Autonomy, a software company HP bought last year. She says the company lied about the state of its finances. HP plans to sue, and has asked authorities in both the U.S. and the U.K. to investigate. Transcript provided by NPR, Copyright National Public Radio.
Washington lawmakers are still working to avoid the fiscal cliff. That's the expiring of tax cuts at the end of the year and deep spending cuts that could throw the economy into recession. A group of top CEOs has been urging lawmakers to reach a deal. Renee Montagne talks to Aetna CEO Mark Bertolini about the fiscal cliff and health care.
Afghan officials welcomed the release of Taliban prisoners by Pakistan in an attempt to jump-start a shaky peace process with the militant group. But many Afghans are wondering about the timing and the motive. They say mistrust born of decades of duplicity won't vanish with a few declarations or small gestures.
Secretary-General of the Afghan High Peace Council Mohammad Stanekzai was part of the delegation that recently traveled to Pakistan to discuss how the countries can cooperate and bring the Taliban to the negotiating table.
There has been a small but potentially important breakthrough in the faltering Afghan peace process. In what is considered a good-faith gesture, Pakistan last week released at least nine Afghan Taliban prisoners. The move is seen as part of an emerging new strategy by Pakistan as it eyes the looming drawdown of U.S. and Western troops in Afghanistan.
Uncle Sam wants you to email your doctor. A federal law passed in 2009 says that physicians have to start offering their patients online communication, or Medicare will start docking how much it pays them in the future.
Some patients hope that having online access to their doctors will mean they can cut down on how often they have to go to the doctor's office. But fresh research suggests that patients with online access actually schedule more office visits.