Accounting & Tax
Credit & Capital
Risk & Compliance
Nomura, RBS Facing $800M Penalty in Securities Fraud Case
The FHFA said two-thirds of the mortgage loans underlying securities the banks sold had underwriting defects.
Small Business Optimism Up
But solid economic growth likely to be elusive this year, says NFIB chief economist William Dunkelberg.
For-Profit Educator’s CFO, CEO Charged With Fraud
The top execs at ITT Educational Services concealed the extremely poor performance of student loans that the company financially guaranteed, says the SEC.
Verizon to Buy AOL for $4.4 Billion
The combination will provide customers a "premium digital experience based on a global multiscreen network platform," says Verizon.
Eighteen Months Later, A Second Bankruptcy
Scott Depot, W.Va.-based energy company Patriot Coal is now in talks with a potential buyer, just a year and a half after emerging from Chapter 11.
For $100M in Option Trades, Timing Was Everything
In a split second on Monday, one of the largest trades ever in options tied to the CBOE volatility index took place.
Toshiba Shares Tumble on Accounting Revelations
The Japanese company says it understated the costs of some infrastructure projects and will set up a committee to investigate accounting irregularities.
T. Rowe Price Seeks Fair Value for Dell Shares
Will the mutual fund firm's claim that the Dell buyout was underpriced hold up in court?
Activist Fund Forces Tempur Sealy CEO to Quit
The mattress maker's shareholders vote against re-election of the CEO, chairman, and the chair of the board's corporate governance committee.
Former JPMorgan CFO Named Comcast Finance Chief
Michael J. Cavanagh leaves his co-COO position at The Carlyle Group to become Comcast's next chief financial officer.
Puerto Rico Utility Battles to Restructure Debt
Raising electricity rates to help repay its debt is not an option, says the Puerto Rico Electric Power Authority.
Nike Planning U.S. Expansion If Trade Deal Passes
Nike says it will create 10,000 manufacturing and engineering jobs in the U.S. if the White House can push through the Trans-Pacific Partnership agreement.
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