Chinese affiliates of the four largest accounting firms were barred for six months from leading audits of U.S.-listed companies after failing to comply with Securities and Exchange Commission orders for documents at the heart of a series of accounting fraud probes.
Nikolai Beshkarev, chief of the basketball office of the Soviet Sport Games Department, rarely traveled abroad with the national team. He made an exception to attend a pre-Olympic tournament from June 30 to July 2, 1972, in Munich for the Soviets and three other European squads.
General Motors Co., the largest U.S. automaker, rose the most in eight weeks after posting a third- quarter profit that beat estimates as demand for redesigned pickups and other models in North America made up for losses in Europe and in Asia outside of China.
General Motors Co. Chief Executive Officer Dan Akerson’s compensation mix was changed in 2012 to accommodate the possibility he may retire before his long-term restricted stock vests in three years, the company said.