Search Results for: revenue

Leading Tuesday's corporations and securities law news, the SEC has filed a lawsuit against former Qwest Communications International Inc. CEO Joseph Nacchio and six other former executives alleging they filed false financial statements that led...

Former WorldCom chief Bernard Ebbers testified Monday at his corporate fraud trial, now in its sixth week in Manhattan federal court. Ebbers said on the stand that he was unschooled in accounting...

Leading Monday's corporations and securities law news, the Financial Times is reporting that New York Attorney General Eliot Spitzer has expanded his inquiry into the corporate governance and accounting practices at American International Group (AIG)...

Richard Posner, University of Chicago Law School:"I approach the issue of immigration reform (theoretical reform - neither Becker nor I are considering the political obstacles to radical changes in immigration law) somewhat differently. I begin by asking: why restrict immigration...

In Tuesday's environmental law news, over 400 food products in the UK have been revealed to be contaminated with the industrial food dye Sudan 1 by the Food Standards Agency...

The Internal Revenue Service announced Tuesday a plan to reduce penalties for executives and companies that admit to using an abusive tax shelter designed to avoid taxes on stock options. IRS Commissioner Mark Everson said that the...

For the first time since 1954, the US Supreme Court will consider the issue of eminent domain when a group of New London, CT homeowners argue Tuesday against the city's attempt to take their property for private...

Jim Maule, Villanova Law School:"...ost, if not all, of the discussion presupposes continuation of the social security system, with changes in the way revenues are gathered to fund it. A few proposals discuss changing benefits, either...

Members of Sudan's National Assembly unanimously approved a peace deal with Darfur rebels Tuesday, designed to end more than two decades of conflict between Khartoum and the southern region of the country. The deal was reached earlier...

Leading Friday's corporations and securities law news, Merck & Co. announced the SEC has started a formal probe into the company's handling of Vioxx . Merck had pulled the painkiller from...