Reviewing 5 of November’s top stories

The presidential election finally comes to an end, HP takes a financial hit and three more continuing cases in the news

Presidential Pick

One of the biggest stories of November—and of the last several years—was the 2012 presidential election. On Nov. 6, Americans re-elected President Barack Obama to another four-year term by a margin of 332 electoral votes over Republican challenger Mitt Romney’s 206.

Meningitis Mishap

Lawsuits continue to pile up against a Massachusetts pharmacy that allegedly caused a deadly nationwide outbreak by selling steroids contaminated with fungal meningitis. The New England Compounding Center allegedly manufactured the defective doses, which sickened almost 500 people and killed 36.

Twinkies Terminated?

Twinkies—the snack food that we all thought would never die—had their survival threatened this month by a dispute between Hostess Brands Inc. and one of its labor unions. The trouble began when the bakery filed for Chapter 11 protection in Jan. 2011, just two years after emerging from a previous bankruptcy.

Abysmal Acquisition

In an epic case of a deal gone bad, Hewlett-Packard Co. (HP) announced on Nov. 20 that it would take an $8.8 billion non-cash charge related to its 2011 acquisition of software company Autonomy. HP bought the company for $11.1 billion, but subsequently learned that Autonomy’s management team allegedly “used accounting improprieties, misrepresentations and disclosure failures to inflate the underlying financial metrics of the company” before the acquisition, according to a company statement.

Spill Settlement

Alanna Byrne

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