Ethics Inquiry Forces HISD Vendor to Sell
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By Ericka Mellon, Houston Chronicle  Feb. 2--Analytical Computer Services, the Houston firm that has been one of HISD's main technology vendors for about a decade, has closed amid an ethics probe in Dallas.
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The IT vendor agrees to pay more than $200 million to avoid criminal prosecution in an accounting scandal. Also: PeopleSoft strengthens ties with IBM & hellip;. eMusic gets a facelift & hellip;. and more.
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Questions about the auction company lead to a drop in the stock price. Does fear create an opportunity?
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A U.K. consumer watchdog office is investigating claims of unfair pricing practices.
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Questions abound over the posting of confidential information from eBay Inc. members on one of the vendor&#39;s discussion forums, a sinister incident that has many of the online marketplace&#39;s buyers and sellers worried.
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By NICHOLS, Lane  THE Qualifications Authority is investigating claims that a moonlighting employee is selling the government department's old computers on Trade Me from a Lower Hutt state house.
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By Tatiana Prophet, Daily Press, Victorville, Calif.  Feb. 14--Fo r 1 1 c i t i e s i n S a n Bernardino County, the prospect of paying a surcharge for a chemical that did not originate in their areas just doesn't seem right.
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The company has earned its nosebleed valuation.
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(InfoWorld) - Two U.S. Congressmen have asked Hewlett-Packard Co. (HP) Chief Executive Officer Mark Hurd to explain why he sold US$1.37 million worth of HP stock just before theÂ company's spying scandal became public. Congressmen John Dingell and Mark Stupak, both Michigan Democrats, sent a letter to Hurd Wednesday requesting an explanation and asking for a response by Dec. 21. "We look forward to responding to the committee's inquiry," said HP spokeswoman Emma Wischhusen. Both congressmen are ranking members of the investigations subcommittee of the House Energy and Commerce Committee, which in September held hearings on the HP pretexting scandal. In his testimony, Hurd apologized for the investigation HP undertook in which private investigators used false pretenses, called pretexting, to gain access to the phone records of people being investigated to trace leaks of board deliberations to the media. In their letter, Dingell and Stupak note that Hurd sold $1.37 million in stock options on Aug. 25, the same day Hurd was briefed by attorneys for Wilson Sonsini, one of HP's outside law firms, about the pretexting investigation and possible legal liability for the company over it. The scandal became public Sept. 6 when HP filed a notice with the U.S. Securities and Exchange Commission acknowledging that director Thomas Perkins resigned over the way the leak investigation was conducted. "The August 25 transaction does not appear to be part of any prescheduled program," the congressmen wrote in their letter to Hurd. "Please explain the reason for this transaction." Questions about the timing of HP executives' stock trades around the same time are also the subject of aÂ shareholder lawsuit against the technology company. The suit, filed Nov. 29 in Santa Clara County Superior Court in California, accuses Hurd and seven other HP executives of selling a total $41.3 million worth of shares between Aug. 21 and Sept. 6 based on insider information that the pretexting scandal was about to become publicly known. HP issued a statement at the time the lawsuit was filed calling it "baseless." As it is, HP's stock price wasn't adversely affected by the scandal as investors regarded it as unrelated to the company's operations. Â
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The rent-to-own furniture vendor must take real action to turn the business around.
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At a charity auction in New Jersey last weekend, baseball memorabilia dealer Warren Heller was approached by a man with an unusual but topical request.
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Blog: Entertainment company says vendor breached terms of license agreement.
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A Congressional panel investigating Hewlett-Packard demanded its chief executive explain his exercise of $1.37 million worth of options just before the companyâs scandal became public.
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THREE senior officials running one of Americaâs junior stockmarkets could face civil charges relating to its options market, following a probe by US watchdog the Securities and Exchange Commission.
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The federal government has long imposed unique ethical responsibilities on its contractors. Following the defense procurement scandals of the 1980s such as Operation Ill Wind, Congress considerably increased
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Gallaher, the maker of Silk Cut and Benson & Hedges cigarettes, says it has been approached by a buyer.
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But complains of impossible operating conditions Mercury Telecommunications Ltd has been slapped down by Ofcom for incorrectly invoicing a customer in a dispute investigation run by Otelo. The process has left the company not only kicked out of Otelo (the investigating body), but unable to trade legally.â¦