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Federal audit finds city schools misspent stimulus, Title I funds
The Maryland State Department of Education may have to pay back up to $540,000 in federal money intended to help the state's poorest schools after a scathing audit found that Baltimore City was one of two school districts that misspent the funds, using...
Tags: Foods and Beverages, Arts and Culture, Finance, Biscuits, PTA
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Bell faces 'fiscal crisis' after corruption scandal, audit finds
This post has been updated. See the note below for details.Three years after a massive corruption scandal, Bell's finances have worsen considerably and the city doesn't have the money to refund millions of dollars in taxes illegally levied on residents, according to a state audit released Wednesday. Bell...Tags: Finance, City of Bell Public Corruption Scandal, Justice System, Defendants, Crime, Law and Justice
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Medical company declines to answer Senate questions on Medicare billing
McClatchy Washington BureauWASHINGTON The president and chief executive officer of a medical equipment company invoked the Fifth Amendment at a Senate hearing Wednesday, declining to answer questions about aggressive marketing tactics used to sell scooters, sleep apnea machines and...Tags: Claire McCaskill, Diabetes, Justice System, Medical Procedures and Tests, Companies and Corporations
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Bell is on the brink of a fiscal crisis, audit says
Bell's finances have worsened considerably since its infamous corruption scandal, leaving the city unable to refund millions of dollars in taxes illegally levied on residents and businesses, an audit released Wednesday shows. The report by the state...
Tags: Finance, City of Bell Public Corruption Scandal, Justice System, Trials, Bankruptcy
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City spending board approves another property tax break
Baltimore's spending board voted Wednesday to approve another property tax break for city homeowners, part of Mayor Stephanie Rawlings-Blake's plan to cut property taxes by 22 percent over 10 years. The tax credit approved by the Board of Estimates would...
Tags: Politics, Credit and Debt, Finance, Rentals, Taxation
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German opposition attacks Merkel minister over dud drone deal
Reuters* Critics say fiasco has wasted some 680 million euros * Oppositino says Merkel ally withheld information BERLIN, May 22 (Reuters) - German opposition parties accused a close ally of Chancellor Angela Merkel of withholding information on a cancelled...Tags: Angela Merkel, Germany
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Sanitation district audit flags rates
The Costa Mesa Sanitary District's contract for solid waste and recycling services is acceptable, but there is room for improvement, particularly when it comes to rates, according to an independent audit presented Tuesday to the district's board....Tags: Apples
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Herbalife hires PwC as new auditor, shares up
Reuters(Reuters) - Herbalife Ltd said on Tuesday it has engaged PricewaterhouseCoopers LLP as its auditor, replacing KPMG in the wake of alleged insider trading. Shares of the nutritional products company rose 4 percent in afternoon trading, as the engagement...Tags: Finance, Corporate Crime, Fraud, Stock Market, Economy, Business and Finance
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Herbalife chooses PricewaterhouseCoopers as new auditor
Herbalife Ltd. has chosen PricewaterhouseCoopers as its independent auditor, ending a nearly two-month effort to replace KPMG, which resigned after a senior partner was accused of insider trading. The Los Angeles nutritional products company said...
Tags: KPMG, Trials, PricewaterhouseCoopers, Herbalife Limited
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Herbalife hires PricewaterhouseCoopers as its new auditor
Seven weeks after its auditor resigned in an insider trading scandal, Herbalife Ltd. retained major accounting firm PricewaterhouseCoopers as its new auditor. The Los Angeles nutritional products company said Tuesday that PricewaterhouseCoopers would...
Tags: Finance, KPMG, Skechers USA Incorporated, Corporate Crime, PricewaterhouseCoopers
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GWP smart-meter fix almost done
Since the massive rollout of roughly 120,000 digital utility meters that began in 2010, Glendale Water & Power officials now have just 53 of them to tweak, down from 919 in September of last year. The drop comes about five months after the utility began...
Tags: U.S. Department of Energy, Science and Technology, Electronics, Google Inc.
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DA: South Whitehall couple stole $850,000 to support gambling habit
When South Whitehall officials removed Nancy A. Tonkin from her job as the person in charge of handling the money that residents paid for their utility bills, she threw a tantrum, stomping around and treating her co-workers miserably, her boss said....
Tags: Lehigh County, Finance, Business Enterprises, Emmaus, Trials
May 22, 2013
|Story| Baltimore Sun
May 22, 2013
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May 22, 2013
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May 22, 2013
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May 22, 2013
|Story| Baltimore Sun
May 22, 2013
|Story| Reuters
May 21, 2013
|Story| Daily Pilot
May 21, 2013
|Story| Reuters
May 21, 2013
|Story| Los Angeles Times
May 22, 2013
|Story| Los Angeles Times
May 21, 2013
|Story| Glendale News Press
May 21, 2013
|Story| Allentown Morning Call
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