The local share market closes lower, despite some retail stocks rallying after sales surged in March, while the corporate regulator warns of the dangers of day trading for individual investors.

Krux Digital helps anyone with a website safeguard, manage, and make responsible use of consumer data signatures across devices, sources, and formats. Krux arms web publishers with the technology and know-how to compete in a data game currently dominated by advertisers and market middlemen.

Pandemic-based stockpiling among people with diabetes helped lift revenues beyond analysts’ expectations…

The United States has intervened and filed a complaint in a qui tam suit accusing EMC Corp. of failing to disclose its commercial pricing practices during negotiation of its General Services Administration (GSA) contracts and of providing improper payments and other things of value to Systems Integrators and other Alliance Partners on contracts with government agencies.

The United States has sued four Certified Public Accounts (CPA), 27 tax preparers and one other individual, seeking to bar them from promoting an alleged tax scam involving bogus income tax credits claimed for sham sales of methane from landfills.

Two Bulgarian nationals have been sentenced in U.S. District Court in the District of Columbia for their roles as money launderers for a transnational criminal group based in Eastern Europe, announced Assistant Attorney General Lanny A. Breuer of the Criminal Division.

Dov Shellef, a businessman from Great Neck, N.Y., was convicted today on 86 counts, following a five-week jury trial, for conspiring to defraud the Internal Revenue Service in the collection of approximately $1.9 million in excise taxes due on sales of the ozone-depleting greenhouse gas known as CFC-113.

Tomme Bromseth, of Blackstone, Va., pleaded guilty today to mail fraud and structuring financial transactions to evade reporting requirements in conjunction with his role as a sales agent for A&O Life Funds and various related A&O entities.

A Bulgarian national was sentenced today to 15 months in prison for his role as a money launderer for a transnational criminal group based in Eastern Europe, announced Assistant Attorney General Lanny A. Breuer of the Criminal Division.

A former sales representative of a Lyndhurst, N.J.-based industrial pipe supply company pleaded guilty today to participating in a conspiracy to commit fraud and pay bribes to a Consolidated Edison of New York (Con Edison) purchasing manager in return for the manager’s efforts to steer contracts to the sales representative’s company.

Nicholas J. Faranso of Farmington Hills, Mich., pleaded guilty today before U.S. District Court Judge John Corbett O’Meara in the Eastern District of Michigan to one count of conspiracy to defraud the United States, the Justice Department and Internal Revenue Service (IRS) announced.

“The international expansion and increased violence of transnational criminal networks pose a significant threat to the United States."

Nicholas J. Faranso of Farmington Hills, Mich., was sentenced today by U.S. District Court Judge John Corbett O’Meara in the Eastern District of Michigan to one year and one day in prison for conspiring to defraud the United States.

Online search engine Google Inc. has agreed to forfeit $500 million for allowing online Canadian pharmacies to place advertisements through its AdWords program targeting consumers in the United States, resulting in the unlawful importation of controlled and non-controlled prescription drugs into the United States.

The United States has filed suit against Sonkei Communications Inc., and its principal corporate officers, Peter Turpel and Joseph Turpel.

William A. Herder of Mifflin Township, Ohio, was arrested today on federal tax charges.

Americall Group Inc. (AGI), a Naperville, Ill., telemarketing company specializing in sales for financial service and insurance companies, has agreed to settle charges that AGI violated “do not call” provisions of the Telemarketing Sales Rule.

BizJet International Sales and Support Inc., a provider of aircraft maintenance, repair and overhaul (MRO) services based in Tulsa, Okla., has agreed to pay an $11.8 million criminal penalty to resolve charges related to the Foreign Corrupt Practices Act (FCPA) for bribing government officials in Latin America to secure contracts to perform aircraft MRO services for government agencies.

Thomas Mitchell of Mansfield, Ohio pleaded guilty before United States District Judge George J. Limbert of the Northern District of Ohio to criminal information charging him with willfully failing to file an income tax return with the Internal Revenue Service (IRS), the Justice Department and IRS announced today.

A jury convicted William A. Herder of Richland County, Ohio, yesterday on federal tax charges, the Justice Department and Internal Revenue Service (IRS) announced.

Paul Cosgrove, the former Head of Worldwide Sales at Rancho Santa Margarita, Calif.-based valve company Control Components Inc. (CCI) pleaded guilty today to violating the Foreign Corrupt Practices Act.

William R. Herder of Bellville, Ohio, was arrested today on federal tax charges, Assistant Attorney General of the Justice Department’s Tax Division Kathryn Keneally, U.S. Attorney for the Northern District of Ohio Stephen M. Dettelbach and Special Agent in Charge, Internal Revenue Service (IRS) Criminal Investigation, Cincinnati Field Office, Darryl K. Williams announced. On June 19, 2012, a federal grand jury sitting in Cleveland returned an indictment against Herder, charging him with corruptly endeavoring to impair and impede the due administration of the Internal Revenue laws, failure to file tax returns, failure to pay taxes, and structuring transactions to evade currency reporting requirements.

Dr. Ellen Meredith Stubenhaus, previously of Lake Worth, Fla., and later an expatriate living in Costa Rica, was sentenced to 60 months in prison today by U.S. District Judge M. Casey Rodgers in Tallahassee, Fla., the Justice Department and Internal Revenue Service (IRS) announced. Stubenhaus, who was extradited from Costa Rica to the United States in September 2011, had previously pleaded guilty to conspiracy to defraud the United States. In addition to her jail sentence, Stubenhaus was sentenced to three years of supervised release and ordered to pay restitution of $373,549 to the IRS.

A federal judge today sentenced William A. Herder of Richland County, Ohio, to 37 months in prison for tax crimes, the Justice Department and the Internal Revenue Service (IRS) announced. U.S. District Judge Sara Lioi also ordered Herder to pay restitution to the IRS. On May 21, 2012, an Akron, Ohio, jury convicted Herder on all counts of an indictment that charged Herder with one count of tax evasion, one count of corruptly endeavoring to obstruct the administration of the Internal Revenue laws and five counts of willful failure to file tax returns.

William R. Herder of Bellville, Ohio, pleaded guilty yesterday to corruptly endeavoring to obstruct the administration of the tax laws and currency structuring, Assistant Attorney General for the Justice Department’s Tax Division Kathryn Keneally, U.S. Attorney for the Northern District of Ohio Stephen M. Dettelbach and Special Agent in Charge, Internal Revenue Service (IRS) - Criminal Investigation, Cincinnati Field Office, Darryl K. Williams announced. Herder was previously indicted in June of this year.

Roland Kaufmann, CEO of Axius Inc., pleaded guilty today in Brooklyn for conspiring to bribe stock brokers.

A federal judge in Cleveland today sentenced William R. Herder of Bellville, Ohio, to 20 months in prison for tax crimes.

Louis Daniel Smith, 42, and Karis Delong, 38, both of Ashland, Ore., were charged with defrauding regulators and suppliers in a scheme to manufacture and sell industrial bleach as a cure for numerous illnesses, including arthritis, cancer and the seasonal flu.

Roland Kaufmann, CEO of Axius, Inc., was sentenced today to serve 16 months in prison for his role in a conspiracy to bribe purported stock brokers and manipulate the stock of a company he controlled.

A Newington, Connecticut, man was indicted last Thursday by a grand jury in the District of Connecticut for one count of corruptly interfering with the due administration of the internal revenue laws, two counts of filing false tax returns and five counts of willfully failing to file tax returns, the Justice Department and Internal Revenue Service (IRS) announced

A former salesman at a prominent Los Angeles car dealership and another Southern California man were charged with odometer tampering, the Justice Department announced today.

The dietary supplement industry as a whole is enjoying booming sales as consumer stock up on products to support optimum health. But an industry strategist warns that that sales bump is likely to be ephemeral, and brands that are not strategizing vigorously now may be caught out in the near future.

With social distancing in full effect, families have not only found themselves with a lot more time together, but a lot more time in front of their screens.

An initiative to stop selling red-rated seafood by 2013 had been launched a year early and will go into effect on Earth Day 2012.

For the first time ever Greenpeace has given a US seafood retailer (in fact two of them) a green rating. There are some notable laggards though.

Toyota Goes Bold Even Toyota, the maker of the much revered Toyota Prius, has been unable to escape the fallout from the economic downturn. In fact, Toyota just posted its first operating loss in 70 years, and the company is responding with bold plans

Alex previously wrote about concerns as China Tightens Grasp on Rare Earth Metals Vital for Green Technologies; now we are seeing it in action. After a dispute over a collision between the Japanese Coast Guard and a Chinese

Chocolate, tea and more goodies partner with Fair Trade USA which expands farming programs and experiences record sales.

Proctor & Gamble blames it on Millennials not knowing how to do laundry, but it's more likely that they don't feel like paying to infuse their clothes with nasty chemicals.

When a New Zealand supermarket chain ditched plastic packaging, produce sales skyrocketed.

Now, if only we could get US drivers out of their trucks.

As environmental awareness spreads, shoppers are making different choices.

More good news for the Arctic as the Obama administration pushes off further offshore drilling in Alaska.

The only things that ever seems to affect SUV and pickup sales are the economy and the price of gas.

We have shown so many photos of shark fins drying on the roofs of Hong Kong; here's the ground floor.

New studies find that sales are big and getting bigger. It's time to give them a safe place to ride.

Redefining the American Auto Industry. - The Growing Impact of International Automakers on the U.S. Economy.