News

Investment managers remain bullish on the financial markets despite equities' roller-coaster ride this summer and the subprime mess, according to Russell Investment Group's third-quarter Investment Management Outlook.

Taking a page out of rival Oracle Corp.'s playbook, Germany's SAP AG announced late Sunday that it had agreed to acquire France's business intelligence (BI) and analytics powerhouse Business Objects S.A. for $6.8 billion.

Potential whistleblowers might think twice before reporting suspected corporate malfeasance in the face of a recent study that indicates promised protection isn't what it's cracked up to be.

Audit costs almost doubled between 2001, the year before Sarbanes-Oxley took effect, through the end of 2006, primarily because of a median 345% jump in audit fees, according to an in-depth analysis of public companies' financial data by The Corporate Library.

After years on the endangered species list, defined benefit (DB) plans have halted what many considered their slide toward extinction, according to two new surveys by benefits consultant Watson Wyatt Worldwide.

When it comes to retirement, many finance executives are walking away from the corporate world years earlier than their father's generation.