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By: Investor's Business Daily REINHARDT KRAUSE
Corporate America is putting the brakes on capital spending.
If investment screeches to a stop, that could intensify a recession, economists say. That's because capital spending is a big driver of economic growth.
Companies have...
By: Los Angeles Times Richard Simon, Times Staff Writer
Compounding terrible economic news, budget officials announced Tuesday that the federal deficit has soared to a record $455 billion, injecting new urgency into the closing days of the presidential campaign about spending in...
 
By: Los Angeles Times Achrene Sicakyuz and Sebastian Rotella, Times Staff Write
European leaders agreed Sunday on a coordinated rescue plan to guarantee inter-bank lending, inject cash into the banking sector and take other measures to beat back the crisis caused by the global financial meltdown.
At an...
By: PR Newswire
LOS ANGELES, Oct. 13 /PRNewswire/ -- SingerLewak, a full service accounting and management consulting firm headquartered in Los Angeles, today issued a Governance, Risk and Compliance advisory following the federal government's...
 
By: Grand Rapid Press (Michigan)
Exorbitant executive pay packages and scant regulation of complex investments even those selling them didn't fully understand were major points of contention in the $700 billion Wall Street bailout.
 
By: PC Magazine.com Reuters
NEW YORK (Reuters) - An investor advisory firm has deemed Sprint Nextel Corp executives the most overpaid in corporate America, with top managers awarded pay valued at nearly $74 million last year when the company struggled. The...
 
By: The Business Times Singapore
AS a governance responsibility, CEO succession is arguably the most important decision that boards will make. Given the volatility in today's financial markets and regional economies, shareholders are demanding the right to...
By: The Atlanta Journal-Constitution PAUL DONSKY; Staff
Atlanta-based IntercontinentalExchange, or ICE, has joined forces with three other financial companies to create a global clearinghouse for credit default swaps, the obscure securities blamed for fueling Wall Street's financial...
By: Business Wire
A jury today awarded $31.8 million against Big Four firm KPMG in an accounting fraud lawsuit.Cast Art Industries, LLP v. KPMG, LLP, Superior Court of New Jersey Law Division - Middlesex County (Docket No. MID L-3295-03). With...
By: Securities and Exchange Commission
Washington, D.C., Oct. 9, 2008 — The Securities and Exchange Commission has charged two former senior executives at Duane Reade with fraud for orchestrating multi-million dollar accounting schemes that caused the company to...
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