Also

* Starwood Hotels & Resorts Worldwide Inc. will introduce a budget version of its W Hotels in 2007 to compete with chains owned by Hilton Hotel Corp. and Marriott International Inc.

* Hewlett-Packard Co.’s Mark Hurd, who took over as chief executive two months ago, announced his first change to the company’s top management and named 26-year company veteran Cathy Lyons as executive vice president and chief marketing officer.