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MADISON, WI (WTAQ) - In an unusual move, the Wisconsin Assembly passed the proposed two-year state budget without much of a debate. The abrupt vote was 55-42. Minority Democrats did not offer any amendments. Minority Leader Peter Barca says it became clear Republicans were not open to changing the $70 billion spending package. Included in the budget, is the statewide expansion of the school choice program – along with a $650 million income tax cut, a refusal to take new federal Medic...
SAN FRANCISCO (Reuters) - Former Autonomy Chief Executive Mike Lynch asked Hewlett-Packard Co's board of directors for specific details about the accounting allegations which led the company to take an $8.8 billion write-down last week.
In an open letter to HP's board on Tuesday, Lynch also asked for the interim report and other documents that HP provided to the SEC.
(Reporting By Alexei Oreskovic)
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