Appellate court favors whistleblowers, head of New York Global Group is arrested for allegedly manipulating stocks, Apple makes up for unpaid tax to China, the Federal Reserve’s inflation expectations, and the gloomy outlook for U.S. oil production. These compelling stories and more in the CFO roundup..
Study Questions Success of Inflation Targeting
Business managers are not getting the message about the Federal Reserve’s inflation expectations, says a new study.
Banker Arrested For Illegally Profiting From Reverse Mergers
The banker allegedly helped Chinese companies arrange reverse mergers and then got them listed on Nasdaq by inflating shareholder numbers.
CFOs on the Move: Week Ending Sept. 11
Docker, Express Scripts, Crocs, CSX, AECOM, Verso, Quaker Chemical, Merrill, Monotype Imaging, Novitex.
>> Joan Urdang
Court Extends Corporate Whistleblower Protections
An appellate panel decides in favor of a former finance chief who alleged he was fired for reporting accounting fraud.
Company’s Scale, Complexity Challenge Hilton CFO
The company has performed excellently in recent years, but the success hasn’t come easily.
>> David McCann
U.S. Producers to ‘Bear Brunt’ of Oil Price Rout
An International Energy Agency forecast is the gloomiest for U.S. oil production since crude prices crashed last month.
Taxi Cab Lenders Lose Over Ride-Sharing
A New York judge dismisses a suit in which four credit unions challenged city rules allowing Uber to pick up passengers.
Apple Pays China $71 Million in Back Taxes
The company blames a “difference in interpretation of a tax rule” for the underpayment of taxes in China.
Marvell Stock Tumbles on Disclosure of Probe
The embattled chipmaker is looking into whether 7% to 8% of second-quarter revenue was improperly recognized.
[contextly_auto_sidebar id=”lflpmZurXgkYAHZ8IjOx41Db6cqM0FJp”]