GM-Renault/Nissan automotive alliance talks called off
•DETROIT - General Motors, Renault and Nissan said Wednesday that they have cut off discussions about forming a three-continent automotive alliance after GM sought compensation for its participation.
''The parties mutually recognized that significant aggregate synergies might result from the alliance,'' the three companies said in a joint statement. ''However, the parties did not agree on either the total amount of aggregate synergies or the distribution of those benefits.''
GM's board decided unanimously Tuesday that the proposed alliance was not in the best interest of the company's shareholders, GM Chairman and Chief Executive Rick Wagoner said at a news conference Wednesday.
Complaint filed against former HP
chairwoman, 4 others in spy probe
•SAN JOSE, Calif. - California's attorney general sought felony indictments Wednesday against former Hewlett-Packard Co. Chairwoman Patricia Dunn and four others involved in the corporate spying scandal at the computer and printer company.
Attorney General Bill Lockyer filed criminal complaints in Santa Clara County Superior Court naming Dunn, ousted HP chief ethics officer Kevin Hunsaker, private investigator Ronald DeLia, and outside investigators Joseph DePante of Melbourne, Fla. and Bryan Wagner of Littleton, Colo.
They each face four felony charges: Use of false or fraudulent pretenses to obtain confidential information from a public utility, unauthorized access to computer data, identity theft and conspiracy to commit each of those crimes.
HP CEO Mark Hurd is not among those named in the complaint, nor was HP's former General Counsel Ann Baskins, who had some oversight of the company's investigation of media leaks.
The scandal erupted last month when HP disclosed that detectives it hired to root out a series of boardroom leaks secretly obtained detailed phone logs of directors, employees and journalists. The detectives used a potentially criminal form of subterfuge known as pretexting to masquerade as their targets and trick telephone companies into turning over the records.
- From wire reports