The Latest

Crowe Horwath International has appointed Crowe Horwath RCS as its new member firm in Brazil and selected WanLongAsia as its lead firm in China.

Thomson Reuters has added integration features to its NetClient CS client portal technology to provide better workflow and interoperability with the company’s other products.

Banks, credit card providers and mortgage companies will not be required after all to provide “plain vanilla” or no-frills types of loans and credit cards as Congress works its magic on the Obama administration’s plans for financial regulatory reform.

Champion golfer Jim Thorpe faces up to two years in jail and $4.1 million in fines after he pleaded guilty to failing to pay over $2 million in income taxes.

The Internal Revenue Service has severed ties with ACORN, the controversial community-organizing group that was recently the subject of a series of hidden camera videos.

Joe Francis, chief executive of the racy video producer Girls Gone Wild, has struck a plea deal with prosecutors in his tax evasion case and agreed to pay $249,705 in back taxes.

Payroll and benefits outsourcing provider Paychex Inc said the troika of weak economic conditions, the ongoing credit crisis and low rates of investment returns prompted a 17-percent decline in first-quarter profits, to $123.6 million compared to the year-ago first quarter.

Bowling ball, that is.

IMGCAP(1)]It’s logical to assume that the CEOs of Fortune 500 and other large companies would be the highest paid of all people working at the company. After all, they are charged with managing the entire organization and meeting expected profit targets. It seems reasonable that a lifetime spent acquiring the necessary talents, skills and experience to qualify for the CEO job would warrant being the highest paid.

Rep. Nydia Velázquez, D-N.Y., chair of the House Committee on Small Business, has proposed legislation to extend several expiring Small Business Administration lending programs.