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  • U.S. audit, consulting firm KPMG names first woman CEO Tuesday, 21 Apr 2015 | 9:40 AM ET

    NEW YORK, April 21- KPMG LLP has named Lynne Doughtie, head of the firm's advisory and consulting business, as its U.S. chairman and chief executive officer, the second woman this year to be tapped as CEO of a major U.S. accounting and consulting firm. Effective July 1, Doughtie, 52, will replace John Veihmeyer, whose five-year term as U.S. chairman and CEO ends on June 30,...

  • April 16- Tata Consultancy Services Ltd has been sued by a white American information technology worker who accused India's largest software services exporter of overwhelming favoritism toward workers of South Asian descent in the United States. In a complaint filed on Tuesday in San Francisco federal court, Steven Heldt said 95 percent of Tata's 14,000-...

  • NEW YORK, April 14- By one estimate U.S. online political advertising could quadruple to nearly $1 billion in the 2016 election, creating huge opportunities for digital strategy firms eager to capitalize on a shift from traditional mediums like television. These firms- mostly small, partisan and based in Washington and surrounding suburbs- have grown in...

  • NEW YORK, April 14- By one estimate U.S. online political advertising could quadruple to nearly $1 billion in the 2016 election, creating huge opportunities for digital strategy firms eager to capitalize on a shift from traditional mediums like television. These firms- mostly small, partisan and based in Washington and surrounding suburbs- have grown in...

  • TORONTO, April 10- Proxy advisory firm Institutional Shareholder Services has recommended that shareholders vote against Barrick Gold Corp's executive pay plan, the second influential advisor to find fault with the company's compensation scheme. A 36 percent jump in Executive Chairman John Thornton's compensation, to $12.9 million in 2014 from $9.5...

  • LOS ANGELES, April 10- Former Enron trader and hedge fund billionaire John Arnold may be about to launch a national publicity campaign to convince U.S. voters of the need to reform public pensions, according to a document seen by Reuters. Growing costs were significant factors in the recent bankruptcies of Detroit and the California cities of Stockton and San...

  • Online ad revenue at risk in war on 'click fraud' Monday, 23 Mar 2015 | 7:00 AM ET

    NEW YORK/ BOSTON, March 23- A growing number of U.S. companies, including MillerCoors and AIG, are stepping up the battle against online ad fraud by demanding proof that their ads have been seen by real people instead of computers hijacked by cybercriminals. "We don't want to be paying for non-human traffic," said Mark Clowes, global head of advertising at American...

  • WARSAW, March 16- U.S. media group Scripps Networks Interactive agreed to buy a majority stake in Polish broadcaster TVN for 584 million euros, gaining a foothold in a TV advertising market where revenues beat the global average and grew 6 percent last year. Scripps, which owns the Travel Channel and the Food Network, said it would buy the 52.7 percent stake in...

  • WPP's Sorrell to receive shares worth 36 mln pounds Monday, 16 Mar 2015 | 4:48 AM ET

    LONDON, March 16- WPP Chief Executive Martin Sorrell is set to receive shares worth 36 million pounds this year as part of a scheme dependent on the company's performance, the British firm said on Monday. WPP, the world's largest advertising firm, said Sorrell had received 2.3 million shares as part of a scheme dating back to 2010.. WPP said the payout followed a five...

  • WARSAW, March 16- U.S. media group Scripps Networks Interactive agreed to buy a majority stake in Polish broadcaster TVN for 584 million euros, gaining a foothold in a TV advertising market where revenues beat the global average and grew 6 percent last year. Scripps, which owns the Travel Channel, the Food Network and other channels, said on Monday it would buy the...

  • NEW YORK, March 13- U.S. authorities investigating potential manipulation of Herbalife Ltd's shares by consultants working for billionaire investor William Ackman will find it difficult to prove that false statements were deliberately made to drive down the company's value, securities lawyers said. Attorney Preet Bharara have been examining whether the...

  • *BOJ sources say no need to rush on further monetary action. TOKYO, March 12- Bank of Japan policymakers are sending a concerted signal to investors that they see no need to expand their already-massive monetary stimulus for a second time in response to a slowdown in inflation driven by the fall in oil prices. Six of the BOJ's nine board members, including Governor...

  • LONDON, March 9- WPP strengthened its position at the top of the advertising industry last year as its geographical reach and strong digital sales gave it the edge over its two closest rivals, who were distracted by a failed merger. WPP, which counts the likes of Ford, Unilever and Microsoft among its clients, reported a 3.3 percent rise in 2014 like-for-like net...

  • The Boston Consulting Group said last month mobile money transfers in sub-Saharan Africa alone could generate fees of up to $1.5 billion by 2019.. "If you take out air-time, you have a true view of mobile money, and it's not a good story, more than a decade on," says South Africa- based Johan de Lange, who works with banks and phone companies. In Afghanistan, for example,...

  • Xerox's profit beats Street on lower costs Friday, 30 Jan 2015 | 10:34 AM ET
    Xerox

    Xerox reported a slightly better-than-expected quarterly profit as expenses declined 4 percent.

  • Accenture raises revenue outlook after strong 1Q Thursday, 18 Dec 2014 | 12:02 PM ET

    Accenture raised its revenue forecast for fiscal 2015 after contract wins helped it post better-than-expected first-quarter earnings and revenue.

  • Indian retailers hobble as e-commerce race ahead Monday, 17 Nov 2014 | 5:58 PM ET

    Indian retailers are struggling to keep up online as e-commerce garner large investments.

  • Amazon developing ad software: Report Saturday, 23 Aug 2014 | 10:00 AM ET
    Amazon CEO Jeff Bezos.

    Amazon is planning to develop its own software for placing advertisements online, The Wall Street Journal reported.

  • Yahoo makes Webb permanent chairman Friday, 16 Aug 2013 | 8:31 PM ET

    Yahoo named former eBay executive Maynard Webb as its permanent chairman. The move comes as CEO Marissa Mayer's turnaround effort hits the one-year mark.

  • ISM Non-Manufacting Index 54.4 in March Wednesday, 3 Apr 2013 | 10:00 AM ET
    ISM Non-Manufacting Index 54.4 in March

    CNBC's Rick Santelli has the latest survey numbers from the nation's purchasing and supply executives.