| Apr 17, 2013
| 1:58 PM
The stock market endured its second broad decline in three days, as investors fretted about weak earnings in the U.S. and deepening economic stagnation in Europe.
Companies ranging from Apple Inc. to Bank of America Corp. were battered as investors fled...
| Jul 2, 2013
| 8:14 AM
WASHINGTON -- The Federal Reserve on Tuesday adopted tougher requirements for banks -- part of an international agreement designed to prevent another financial crisis -- and opened the door to even stricter rules for the nation's biggest institutions....
| Apr 9, 2013
| 10:09 AM
Trading in shares of Skechers USA Inc. has resumed after being halted earlier Tuesday morning following KPMG’s resignation as the footwear company’s auditor.
KPMG, which fired a senior partner in its Los Angeles office amid allegations of...
| Jul 19, 2013
| 7:32 PM
In April 2004, Rajat Gupta gave a talk at Columbia University. One student asked the former global managing director of McKinsey & Co. for his views on money and wealth creation. "Yeah, I am driven by money.... However much you say that you will...
| Aug 6, 2013
| 1:09 PM
Why do we so often pair the words “sports’ and “hero” together? The fact that someone can connect with a small sphere traveling at high speed more often than the next person doesn’t qualify him to be a hero. He’s no...
| May 28, 2013
| 8:11 PM
A former senior partner at accounting firm KPMG's Los Angeles office has agreed to plead guilty to a securities fraud charge of passing inside information about the firm's clients to a friend, who used it to make more than $1 million in stock trades....
| May 16, 2013
| 3:59 PM
As I work my way around the harbor each week, I always look for people I would like to emulate. One such person is Doug West, and I have said this before about Doug and his efforts as chairman of the Newport Beach Harbor Commission. He wants to help and...
| Apr 10, 2013
| 5:00 AM
Scott London, a Los Angeles partner in one of the nation's largest accounting firms, says it began four years ago.
By his account, a friend with money trouble was poking around for information on Herbalife Ltd. and Skechers USA Inc., two Los Angeles-...
| Apr 10, 2013
| 7:00 PM
It was the Starbucks sting.
The defining moment in the KPMG insider-trading scandal took place over coffee at a Starbucks in the San Fernando Valley, where the accountant at the center of the case was set up by his longtime friend.
| Apr 11, 2013
| 6:34 PM
Prosecutors filed a criminal charge against disgraced former KPMG partner Scott London, saying he gave a stock-trading friend inside information about his firm's clients in exchange for cash, jewelry and expensive dinners.
The criminal case filed...
| Apr 11, 2013
| 6:10 PM
It's the kind of audacious but small-stakes insider trading that normally wouldn't have merited much attention.
Golfing buddies Scott London and Bryan Shaw netted just $1.3 million, a blip in a world where Wall Street kingpins pocket hundreds of...
| Nov 26, 2012
At 60, Christie Hefner is taking the Canyon Ranch brand in a new direction. She's doing the same thing in her career and personal life.
Over a long weekend earlier this month, all three of those paths converged over some dusty walking trails in...