John Rogers, President and CEO of CFA talks the importance of creating a professional standard in the financial industry.» Read More
U.S. health regulators charged Boston Scientific with inadequate record-keeping and reporting following the deaths of five patients implanted with an experimental device to treat a dangerous ballooning of the body's main artery.
Today on "Street Signs," Mitt Romney explained to Erin Burnett and me why he took out ads opposing the flat tax in 1996. He thought the tax relief it provided the super-rich, couldn't be justified--politically or substantively.
Fred Thompson's rivals don't intend to let him hold the spotlight if they can help it. You can see that in Mitt Romney's release of new tax-cut details this week. Romney has said for months that he aimed to cut the capital gains tax for middle class investors to zero.
The independence of the credit-rating agencies came under fire in the aftermath of recent mortgage-market turmoil as regulators plan to investigate how the companies are paid, the Wall Street Journal reported Friday.
In recent days the excitement of Fred Thompson's campaign team has been mixed with this nagging fear: that expectations for Thompson's performance upon entering the GOP presidential race might prove too high to meet. Today's kickoff event showed why.
CNBC has learned that Maurice "Hank" Greenberg has received a subpoena from the SEC and will be giving his first deposition as part of the SEC’s continuing investigation into what role, if any, he played in alleged accounting improprieties at American International Group.
Former U.S. Securities and Exchange Commission Chairman Richard Breeden won three seats on H&R Block's board Thursday, advancing his efforts to refocus the company on its tax preparation business.
Ace Hardware discovered an approximately $154 million shortfall on its books while preparing to convert from retailer-owned cooperative to for-profit corporation and likely will have to restate its financial results for the last five years, President and CEO Ray Griffith said Wednesday.
Fred Thompson will officially--and some say finally--step into the race tomorrow for the Republican presidential nomination in 2008. It is too late? What does he have to bring to the race? He's second in the national polls among GOP contenders. Here's my video report today from "Street Signs."
The Securities and Exchange Commission said Wednesday that Saks Inc. has agreed to settle a lawsuit that Saks Fifth Avenue understated sales to some vendors and didn't record markdowns properly, inflating its earnings.
The Republican headache that is the Larry Craig scandal just turned into a migraine. By signaling that he might reconsider his decision to resign, the humiliated Republican has extended his party's pain--the headlines, the late night TV jokes, the discomfort within the Senate Republican Caucus.
The worst housing slump in 16 years and upheaval in financial markets have cast a shadow on the economy, leading lawmakers to question federal regulators about the path ahead for anxious consumers.
Many companies allow their chief executives to use the corporate jet for personal travel, according to a new study released Tuesday based on pay disclosures in new corporate proxy statements.
As I was gearing up to come back to work from my extended holiday weekend I searched some of my mainstay internet sources for information and tips yesterday including cafepharma.com. It's filled with pharmaceutical and biotech company message boards with postings mostly from sales reps complaining, providing job applicants with salary and benefits details, occasionally revealing the latest internal memo, and frankly, spreading rumors and gossip.
Summer isn't over yet, but the languid pace that has prevailed in Washington since Congress left town in August has now definitively vanished. On every front, the White House and Congress, Republicans and Democrats, are girding for political action that will unfold rapidly with its ultimate consequences uncertain.
The U.S. Consumer Product Safety Commission is investigating the timeliness of toy company Mattel's disclosures before its most recent recall, the Wall Street Journal reported in its online edition on Tuesday.
Fred Thompson begins something next week that in most circumstances would seem totally implausible: limping into a presidential race long after competitors set off with a running head start. Smart money isn't betting the ex-Tennessee senator will overtake them. His hope is that the chaotic, shifting 2008 guideposts offer precisely that kind of course that a chaotic, shifting campaign can navigate.
After watching for weeks as the mortgage meltdown roiled the markets and squeezed homeowners, President Bush inserted himself directly into the matter today. It remain unclear how much his intervention will help investors, lenders or homeowners. But there's no mystery about why he did it.
The 2008 presidential race will produce a sharp debate over tax policy–-on individuals, estates, investments and corporations. But voters will have to wait for the general election to hear it. That’s because there’s substantial agreement on the biggest policy questions within each party’s field of primary candidates. And for now, those broad areas of consensus have left primary rivals to bicker at the margins.
Procter & Gamble said Tuesday that 70 percent of its top executive's $27.7 million in compensation in the latest fiscal year came in stock, restricted stock or stock options.