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 profits.
Activist hedge fund manager Bill Ackman continued his relentless attack on Herbalife, releasing a report that accuses millionaire Herbalife distributor John Tartol of misleading others into selling the company's nutrition products.
Herbalife Ltd. says it is unaware of an investigation, and has denied allegations it is running an illegal pyramid scheme.
WASHINGTON -- Federal regulators said Friday that they planned to crack down on misleading advertisements for weight-loss products, including dietary supplements, food additives and skin creams.
At the rim of the Grand Canyon, busloads of Chinese tourists jostled on a recent day with twentysomething backpackers and an Amish family with rambunctious boys in suspenders and straw hats, all eager for a prime viewing spot. They gazed out on a dizzying sight of receding canyons and sheer rock walls, with the Colorado River cutting though the canyon floor a mile down. Generations of park managers have tried to preserve that natural vista, but officials here say a proposed development would alter the view. Looking eastward from the canyon's popular South Rim, visitors could soon see a hive of construction as workers build restaurants, hotels and shops on a distant mesa on the...