Deloitte and Touche

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Deloitte predicts small rise in holiday sales

The holiday shopping season forecasts are starting to roll in, and the slow pace of the recovery is dampening expectations.

Deloitte said Monday that it predicts holiday sales for November through January will increase 2 percent to $852 billion, as households remain focused on reducing debt and increasing savings. Get the full story »

Deloitte & Touche names new CEO and chairman

Deloitte & Touche Chairman and CEO Stephen Van Arsdell. (AP)

Stephen C. Van Arsdell, of Naperville, has been named chairman and chief executive officer of Deloitte & Touche LLP, the accounting, auditing, capital markets and risk advisory subsidiary of Deloitte LLP.

Van Arsdell, 60, will be based in Deloitte’s New York office. He most recently served as deputy chief executive officer of Deloitte & Touche with responsibility for the professional practice network, and succeeds Nick Tommasino, who has served as chairman and CEO of Deloitte & Touche since 2006. Get the full story »

Former Deloitte exec charged with insider trading

A former Deloitte and Touche LLP partner and his son were charged with insider trading in securities of Best Buy Co. Inc. , Sears Holdings Corp. and other companies, the Securities and Exchange Commission said Wednesday.

Thomas Flanagan, a former Deloitte vice chairman, used inside information obtained through his duties at the accounting firm to reap more than $430,000 in illegal profits, the SEC said. Get the full story »