Accounting giant KPMG has terminated six employees—including the head of its US audit practice—after learning that they were given “improper warnings” ahead of planned audit inspections by the Public Company Accounting Oversight Board – NYTimes and WSJ
More on the pressure that Jana’s applying to Whole Foods, a company that’s been, to some degree, a victim of its own success in spreading the gospel of organic foods – WSJ
Breakingviews weighs in on the fine mess that United has caused for itself, including the compounding effect of a bad (and tardy) apology – NYTimes
The Fed is done with the London Whale saga, dropping its investigation of former JPM trader Bruno Iksil over the scandal that led to more than $6 billion in losses for JPMorgan – WSJ
A too-strong dollar and the potential for more Yellen years—a few of the nuggets from the Journal’s White House sit down yesterday – WSJ
We’re remembering Charlie Murphy this morning with one of the best stories in the history of the spoken word – ChapelleShow