Higher interest expenses, along with dwindling margins and deep cuts in client spending, drag down Omnicom Group’s third-quarter profit by 22%, results for the advertising and marketing services conglomerate show.

A U.S. advertising agency group that includes WPP Plc, Interpublic Group, Publicis Groupe and Omnicom Group Inc. said Monday that it supports the planned Internet search and advertising tie-up between Microsoft Corp. and Yahoo Inc.

Watch out corporate beancounters. Backdating is back.Or at least the Wall Street Journal thinks it is. The paper which exposed the pervasive illegal practice of rewarding executives with stock options dated to maximize their returns back in 2006 is reviving the scandal. According to a story in today's paper researchers at University of Houston's C.T. Bauer College of Business looked for patterns of similar abuse at more than 4 000 companies and discovered that -- surprise! -- more companies did it than ever got caught for it the first time around.But the world isn't greeting the latest scandal with ...

The economic slowdown, along with currency headwinds, took a big bite out of Omnicom Group's second quarter top and bottom lines.

Given the surge that U.S. stocks have enjoyed, maybe mutual-fund investors should just call it a year.

New Wish List Creator Lets Consumers Present Holiday Gift Wishes in Interactive Music-Themed Posters That Can Be Shared With Friends, Family and Popular Sites Such as Facebook