| Apr 2, 2014
| 12:00 PM
The board overseeing Maryland's health exchange voted unanimously Tuesday evening to scrap its dysfunctional website and adopt software developed by Deloitte Consulting and used by the more successful health exchange in Connecticut.
The software is...
| Dec 1, 2013
| 3:14 PM
Gregory J. Smith, a sports consultant and former chief operating officer of the Maryland Stadium Authority, died of cancer Thursday at Gilchrist Hospice Care in Towson. The Lake-Walker resident was 48.
Born in Buffalo, N.Y., he was the son of Dennis...
| Jun 1, 2013
| 3:03 PM
Annette Walter was chief operating officer of a fast-growing Baltimore real estate company. Her husband, Shawn, a former construction project manager, had launched a successful career in sales.
But in March, the Hunt Valley couple walked away from the...
| Apr 8, 2014
| 11:21 AM
Prosecutors want former KPMG auditing partner Scott London to serve three years in federal prison for giving confidential information about his firm’s clients to a friend, who used the tips to make more than $1 million in illegal stock-trading...
| Apr 3, 2014
| 2:08 PM
WASHINGTON (Reuters) - Some accounting experts are urging U.S. regulators to embrace a proposal to improve how auditors communicate their opinions on corporate financial statements to investors, saying such changes are long overdue.
Floated in August...
| Apr 2, 2014
| 1:23 PM
A number of organizational changes in the Village of Northbrook resulted in a new chief information officer and a new assistant to the village manager joining the staff.
Lori D. Baker, who previously worked as a manager at Oak Brook-based Tradebe...
| Mar 28, 2014
| 4:20 PM
MUMBAI, India — Darren Aronofsky may be a household name in Hollywood, where his last two films were critically acclaimed hits. But to the young Indian artists laboring on the director's newest project — the Biblical epic "Noah" — he was...
| Mar 5, 2014
| 2:30 AM
LONDON -- The Indian media and entertainment industry grew 12% in 2013, according to a report due to be released by consulting firm KPMG and the Federation of Indian Chambers of Commerce and Industry.
This is despite the country's overall economic...
| Feb 24, 2014
| 11:53 AM
ROME -- In the most concrete sign to date of his intention to reform the Vatican, Pope Francis announced the creation Monday of a single authority to handle all business, administrative and personnel management at the Holy See, a response to the rash of...
| Dec 16, 2013
| 5:08 PM
Shares of Herbalife Ltd. stock surged more than 9% Monday after the company said its new accounting firm made "no material changes" after re-auditing three years of the company’s financial statements.
The new audits were required because KPMG...
| Dec 17, 2013
| 8:57 AM
This year, even bad news has ended up boosting Herbalife Ltd. stock.
The latest example is the company's accounting difficulties. KPMG resigned as Herbalife's auditor in April after one of its partners admitted to an insider-trading scheme involving the...
| Dec 18, 2013
A year ago, activist investor Bill Ackman rocked Wall Street with a $1-billion bet that shares of Herbalife Ltd., the Los Angeles seller of weight-loss and nutrition products, would slide to zero.
Herbalife was a "pyramid scheme," bound to be undone...