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Allstate investors vote down proposals, back board at annual meeting
Tribune reporterAllstate Corp. investors voted down two shareholder proposals and approved the re-election of its board members at the Northbrook-based insurer's annual meeting. In preliminary results disclosed at the meeting, individual directors received 92 to 99...Tags: Shareholders, Annual and Special Corporate Meetings, Ingersoll-Rand Company, Elections, Allstate Corp.
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DOJ subpoenas documents on Forest Labs' inhalation drug
Reuters(Reuters) - Drugmaker Forest Laboratories received a subpoena earlier this month from U.S. prosecutors requesting documents relating to its small-selling lung disorder product, the Tudorza Pressair inhaler, the company said in a filing. The New York-...Tags: Food and Drug Administration, Trials, Carl Icahn, COPD, Forest Laboratories Incorporated
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Ill. pension manager urging Wal-Mart for more 'clawback' disclosures
Tribune reporterThe manager of $13 billion in Illinois pension assets is among a group of Wal-Mart investors backing a proposal that would require the require the retailer to detail any incentive or stock compensation it recoups from executives. The Illinois State...Tags: Walmart
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China agrees to give US regulators access to audit records for Chinese companies
WASHINGTON (AP) — China has agreed to give U.S. regulators access to audit records for Chinese companies whose shares trade on U.S. stock exchanges, a step forward in a long-running dispute. The Public Company Accounting Oversight Board, a watchdog...Tags: China, Washington, DC
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U.S. audit regulator reaches deal with China on document access
ReutersNEW YORK (Reuters) - U.S. regulators will get access to Chinese companies' audit documents under a deal announced on Friday, opening the way to probes of bungled audits after a two-year stand-off between China and the United States. The nonbinding deal...Tags: China, Finance, PricewaterhouseCoopers, Fraud, Chuck Schumer
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Academics back BP's fight to cap oil spill payouts
ReutersLONDON (Reuters) - A group of accountancy professors is backing BP's fight to cap the U.S. oil spill compensation payouts it has to fund as the cash outflow threatens to add billions of dollars to its bill for the disaster. The news comes after the...Tags: Trials, Politics, Elections, Crime, Law and Justice, Oil Spills
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Allentown's fiscal problems are bad, but Harrisburg's are even worse
Allentown has a $200 million red ink problem, which, it seems, is the fault of any city politician not currently in office, and a population of 118,000 as of the 2010 census. That $200 million, split 118,000 ways, comes to less than $1,700 per person....
Tags: Primaries, Arts and Culture, Bankruptcy, Elections, Bill Heydt
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NYSE says AEP, NextEra trades stand after crash at open
ReutersNEW YORK (Reuters) - All trades in American Electric Power Inc and NextEra Energy Inc in a crash that happened in the first minute of trading on Thursday will stand, the New York Stock Exchange said, following the latest in a flurry of unexplained sharp...Tags: Petroleum Industry, Anadarko Petroleum Corporation, Financial Markets, Stock Market, NYSE Euronext, Inc.
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New Chesapeake CEO Lawler's 2013 pay set at $12.6 mln
ReutersMay 23 (Reuters) - Doug Lawler, the Anadarko Petroleum Corp executive who was named as Chesapeake Energy Corp's new chief executive officer, will receive salary, bonus and equity awards valued at $12.6 million this year, according to a regulatory filing....Tags: Chesapeake Energy Corp., Anadarko Petroleum Corporation, Aubrey K. McClendon, Corporate Officers
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Proxy advisory firm settles SEC charges over data breach
ReutersWASHINGTON (Reuters) - Institutional Shareholder Services has settled civil charges by U.S. regulators that an employee of the prominent proxy advisory firm shared nonpublic voting data in exchange for meals and concert tickets. The Securities and...Tags: Employees, Career and Workplace, U.S. Chamber of Commerce, Finance, Elections
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Former Goldman banker settles SEC 'pay-to-play' charges
ReutersWASHINGTON/CHICAGO (Reuters) - A former Goldman Sachs Group Inc. investment banker has agreed to a five-year securities industry ban and a record fine to settle Securities and Exchange Commission charges that he broke rules against influence peddling to...Tags: Pension and Welfare, South Miami, Public Officials, Boston, Elections
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Goldman unveils checks on conflicts in bid to fix image
ReutersSALT LAKE City (Reuters) - After dozens of meetings with executives and regulators, 100,000 hours of employee training and an immeasurable amount of public grief, Goldman Sachs Group Inc's Lloyd Blankfein claimed success in putting the bank and his legacy...Tags: Pension and Welfare, Annual and Special Corporate Meetings, Finance, New York University, Interior Policy
May 21, 2013
|Story| Chicago Tribune
May 24, 2013
|Story| Reuters
May 24, 2013
|Story| Chicago Tribune
May 24, 2013
|Story| AP Broadcast
May 24, 2013
|Story| Reuters
May 24, 2013
|Story| Reuters
May 23, 2013
|Column| Allentown Morning Call
May 23, 2013
|Story| Reuters
May 23, 2013
|Story| Reuters
May 23, 2013
|Story| Reuters
May 23, 2013
|Story| Reuters
May 23, 2013
|Story| Reuters
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