Accounting & Tax
Credit & Capital
Risk & Compliance
Is Berkshire Hathaway Systemically Important?
Definitely not, says Warren Buffett, the company's chairman and CEO.
Employees Socking Away More in 401(k)s
The average 401(k) balance at the end of the first quarter was $91,800, up 0.5% from last quarter and 3.6% from one year ago, says Fidelity.
McDonald’s Cooks Up a Turnaround Recipe
The fast-good giant plans to streamline management, refranchise more restaurants, and return as much as $9 billion to shareholders this year.
Junk-Rated Defaults Seen Continuing at Low Rate
Still, given the fall in energy prices, Moody's expects the speculative-grade default rate to rise to 3.1% in 2016.
SEC’s Pot Calling the Kettle Black?
The securities regulator has deficiencies in some financial controls and weak cybersecurity measures, says the GAO.
Microsoft Sees Money in the Cloud
Gross margins for Microsoft's business cloud services will reach 44% in the year ending in June, up from 15% a year earlier.
Employers Plan to Bump Up 401(k) Contributions
"There is growing recognition that there must be more of a shared responsibility around retirement outcomes," says Vanguard.
GM Places $5.4 Billion Bet on U.S. Expansion
GM hopes the investment will allay United Auto Workers concerns about the company's investment in Mexico.
Top Lawyer Changes Tune on Activist Investors
Martin Lipton advises companies to meet with activists and avoid "drawn out" proxy battles.
EC Could Force Apple to Pay Scads of Back Taxes to Ireland
f If the European Commission rules against Ireland's 1991 tax deal, Apple may have to pay back a “material” amount of back taxes.
Fed Dampens Prospects for Imminent Rate Hike
At the same time, Fed officials appear convinced that the first-quarter slowdown was due to "transitory" effects.
NASDAQ Apologizes for Twitter Earnings Leak
The social media channel's shares are down more than 25% after an error by Nasdaq exposed the company's earnings prematurely.
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