Descent properties of homotopy K-theory

In this paper, we show that the widely held expectation that Weibel's homotopy K-theory satisfies cdh-descent is indeed fulfilled for schemes over afield of characteristic zero. The main ingredient in the proof is a certain factorization of the resolution of hypersurface singularities. Some consequences are derived. Finally, some evidence for a conjecture of Weibel concerning negative K-theory is given.