Hewlett- Packard to split

Hewlett-Packard (HP) will split into two public companies and lay off 5,000 workers. HP will split the company into two separate businesses—computer and printer—from its fast growing corporate hardware and service operations. They will eliminate another 5,000 jobs as part of its turn-around plan. HP’s shareholders would own a stake in both businesses through a tax-free transaction in 2015.