DealBook: Hewlett-Packard Takes $8.8 Billion Charge

Hewlett-Packard said on Tuesday that it had taken an $8.8 billion accounting charge, after discovering “serious accounting improprieties” and “outright misrepresentations” at Autonomy, a British software maker that it bought for $10 billion last year.It is a major setback for H.P., which has been struggling to turn around its operations and remake its business.The charge essentially wiped out its...

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Palestinian Death Toll Rises as Israel Presses Onslaught

GAZA CITY — The top leader of Hamas dared Israel on Monday to launch a ground invasion of Gaza and dismissed diplomatic efforts to broker a cease-fire in the six-day-old conflict, as the Israeli military conducted a new wave of deadly airstrikes on this besieged Palestinian enclave including a second hit on a 15-story building that houses media outlets. A volley of Gaza rockets fired into southern...

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Maryland leaving ACC to join Big Ten in 2014

NEW YORK (AP) — Maryland is joining the Big Ten.The university is announcing its move from the Atlantic Coast Conference at a news conference Monday afternoon with school president Wallace D. Loh, Big Ten Commissioner Jim Delany and athletic director Kevin Anderson.Maryland will become member of the Big Ten starting in 2014. Rutgers is expected follow suit by Tuesday, splitting from the Big East and...

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Teenage Boys, Worried About Body Image, Take Health Risks

Béatrice de Géa for The New York TimesDavid Abusheikh at a gym in Brooklyn. He goes six days a week and says he uses protein supplements to help build muscle. It is not just girls these days who are consumed by an unattainable body image. Take David Abusheikh. At age 15, he started lifting weights for two hours a day, six days a week. Now that he is a senior at Fort Hamilton High School in...

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Investors Rush to Beat Threat of Higher Taxes

Business owners and investors are rapidly maneuvering to shield themselves from the prospect of higher taxes next year, a strategy that is sending ripples across Wall Street and broad areas of the economy. Take Steve Wynn, the casino magnate, who has been a vocal critic of higher tax rates. He and his fellow shareholders in Wynn Resorts, the company announced, will collect a special dividend...

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Susan E. Rice Caught Up in Furor Over Benghazi

Mary Altaffer/Associated PressHillary Rodham Clinton and Susan E. Rice listening to President Obama at the U.N. General Assembly in September. WASHINGTON — Susan E. Rice was playing stand-in on the morning of Sept. 16 when she appeared on five Sunday news programs, a few days after the deadly attack in Benghazi, Libya, that killed four Americans. Chris Hondros/Getty ImagesMs. Rice at...

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Summary: A look at the 4 new Kindle Fire models

Amazon.com Inc. started shipping a large-screen version of its Kindle Fire tablet computer on Thursday, ahead of schedule. Here is a look at the new Fires announced in September:— Kindle Fire, with 7-inch screen, 1024 by 600 pixels. $ 159, with 8 gigabytes of storage. Weighs 14.1 ounces. Battery life of 8.5 hours. Started shipping Sept. 14. —...

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The Neediest Cases: Emerging From a Bleak Life to Become Fabulous Phil

For years, Phillip Johnson was caught in what seemed like an endless trench of bad luck. He was fired from a job, experienced intensifying psychological problems, lost his apartment and spent time in homeless shelters. At one point, he was hospitalized after overdosing on an antipsychotic drug. “I had a rough road,” he said. Since his hospital stay two years ago, and despite setbacks,...

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Israel Sticks to Tough Approach in Conflict With Hamas

TEL AVIV — With rockets landing on the outskirts of Tel Aviv and Jerusalem on Friday and the Egyptian prime minister making a solidarity visit to Gaza, the accelerating conflict between Israel and Hamas — reminiscent in many ways of so many previous battles — has the makings of a new kind of Israeli-Palestinian face-off. The combination of longer-range and far deadlier rockets in the hands...

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Grizzlies hand Knicks first loss, 105-95

MEMPHIS, Tenn. (AP) — After handing the New York Knicks their first loss of the season, the Memphis Grizzlies now have the NBA's best record.Zach Randolph had 20 points and 15 rebounds, Marc Gasol added 24 points and the Grizzlies beat the Knicks 105-95 Friday night, ending New York's season-opening eight-game winning streak.Memphis used a big third-quarter run to increase its lead to 21 points and...

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