Hewlett-Packard Co. plans to spend years turning itself around as it addresses internal problems and battles broader threats from smartphones and tablet computers.
Investors willing to wait could be rewarded. Its market value is half of what it was about a year ago, and HP could start to improve in the second half of 2012.

Stargazers of the world are getting a treat this weekend.
On Saturday and again Sunday, Venus, Jupiter and Earth's moon converge for a brilliant night show.
Struggling Chelsea striker Fernando Torres was dropped by World Cup champion Spain for the first time in more than five years on Friday.
Torres was missing from the squad announced by coach Vicente del Bosque for next week's international friendly against Venezuela.

Guitar legend Carlos Santana plans a two-year headlining gig at the House of Blues at Mandalay Bay in Las Vegas, switching venues from his previous home at the Hard Rock Hotel & Casino.
Representatives for the House of Blues say Santana will have a run of shows in May and June, then return in September with the residency running through 2013. Tickets go on sale March 3.

Pablo Picasso's "Guernica," one of the world's most iconic paintings, is getting a full health check as it marks its 75th anniversary.
A giant robotic machine is taking tens of thousands of microscopic shots of the black-and-white anti-war masterpiece to allow experts to penetrate the work like never before and see its real condition after a hectic life traveling the globe.

A U.S. man who claimed to be the new manager of a chain restaurant and cooked himself a cheeseburger and fries is facing charges.
Police say 52-year-old James Summers, wearing a tie and carrying a briefcase, claimed he was sent by the Denny's corporate office Tuesday to be the new manager at a restaurant in Wisconsin. The current manager told him he must have the wrong restaurant. Summers told her she apparently had not received the memo about the change in leadership.

Two-time Formula One world champion Sebastian Vettel has been given Germany's highest honor for sporting achievement.
Horst Seehofer, Germany's acting president, praised the 24-year-old Vettel's "strength of character" as he presented the Red Bull driver with the Silver Laurel Leaf on Friday.

The European Union is preparing regulations that will shut out Iran's banks from a major financial clearinghouse used by virtually every country in the world, a senior official said Thursday.
The official, who spoke on condition of anonymity because of European Union rules, said the regulations are currently being worked on, but should be adopted "rather quickly."

Andrew Bynum had a huge smile on his face after he grabbed a rebound of his own miss and got fouled on an attempted putback.
Not long after making both those free throws that put the Los Angeles Lakers ahead to stay, Bynum was running after teammate Derek Fisher to give him a big hug following a 3-pointer.

Barcelona defender Daniel Alves joined the chorus of supporters pressuring coach Pep Guardiola to stay on at the European champions, who risk slipping into decline if he leaves.
Alves stated that he expects Guardiola to sign a contract extension with the three-time defending Spanish champions because "without him we are nothing."
