Companies & Markets

Hewlett-Packard Reports a Miracle

After 11 straight quarters of declining sales, they tick up for the wrong reason, and net profit plunges nearly 30%. But no problem. “I’m very pleased with the progress we’ve made,” bragged CEO Meg Whitman.

Stock Hype On a Wing and a Prayer

Natural gas ‘exporters’ took in billions, stocks soared fabulously. Alas, there isn’t enough US natural gas to export. How could this happen? Consensual hallucination.