August 28, 2008

SEC OKs Plan That Could Lead To Global Accounting Rules; U.S. Firms Might Have To Follow International Guides

By: USA TODAY
Edward Iwata

Securities regulators on Wednesday gave the go-ahead to a plan that could require thousands of U.S. companies to change from U.S. accounting standards to global accounting rules that are quickly gaining favor abroad.

August 28, 2008

A Proudly American Shoe Company Ships Jobs To China

By: Christian Science Monitor
Michelle Nijhuis Correspondent

Paonia, Colo.

On the Chaco factory floor in western Colorado, workers are head down at sewing machines and sole trimmers - stitching, gluing, and shaping pair after pair of rubber-bottomed river sandals. The high-ceilinged room...

August 27, 2008

New Report Finds $20 Billion In Tax Subsidies For Excessive Executive Compensation; 15th Annual Labor Day 'Executive Excess' Report

By: PR Newswire

BOSTON and WASHINGTON - /PRNewswire-USNewswire/ -- A new report finds that U.S. taxpayers subsidize excessive executive compensation by more than $20 billion per year. The report is available via the web at:...

August 27, 2008

Financial Institutions Up In Arms Over New Red Flag Regulations; Secure Identity Systems Answers Call With Total Compliance Guarantee

By: Business Wire

While the clock ticks toward the Nov. 1 deadline, 50 percent of U.S. banking institutions are not ready to meet key provisions in the Federal Reserve's Red Flag rules, according to an Information Security Media Group survey. Over...

August 27, 2008

Doing Well By Doing Good? It's Not Easy.

By: Christian Science Monitor
Ben Arnoldy Staff writer of The Christian Science Monitor

Every entrepreneur here in Silicon Valley has an elevator pitch, a 90-second spiel to lure a potential investor or customer. But few have one like Thomas Stehl's.

He talks about 17-month-old Rosalor, a child in Haiti who arrived...

August 27, 2008

List Of 'problem Banks' Grows To 117; FDIC Says Most Of The Rest Are Fundamentally Sound

By: USA TODAY
Kathy Chu

The credit crisis took a heavier toll on banks in the second quarter of the year: The number of troubled banks rose 30%, to 117, the highest in five years, from 90 in the first quarter, the Federal Deposit Insurance Corp. said.

August 26, 2008

New Enterprise Rights Management Report Finds A Rise In Adoption As Companies Look For Ways To Protect Vital Content; Sarbanes-Oxley, HIPAA Compliance Driving Implementation In The Financial Services And Healthcare Markets

By: Business Wire

GigaTrust, the market leader in providing cutting-edge email security and content protection software products that enhance and extend Microsoft's Windows Rights Management Services (RMS), today announced the release of the most...

August 26, 2008

Investors Achieve Major Company Commitments on Climate Change

By: Investors Achieve Major Company Commitments on Climate Change

ICCR: BOSTON – Investors engaging with U.S. companies on the financial risks and opportunities from climate change achieved breakthrough results during the 2008 proxy season. A record 57 climate-related shareholder resolutions...

August 26, 2008

CFA Institute to Focus on Six Key Investor Initiatives from SEC Financial Reporting Standards Report

By: CFA Institute to Focus on Six Key Investor Initiatives from SEC Financial Report

Investor advocate welcomes partnership with preparers, auditors, and other users of corporate financial information.NEW YORK -- CFA Institute, the global association of investment professionals, has identified six initiatives...

August 26, 2008

SSE 180 Corporate Governance Index To Be Launched On Sept. 10

By: Xinhua Economic News Service

BEIJING, Aug. 26 (Xinhua) ? Shanghai Stock Exchange (SSE) and China Securities Index Co., Ltd announced Tuesday to launch the SSE 180 Corporate Governance Index, shortened as 180 Governance, on Sept. 10.