Accounting & Tax

People

Lorenzo Flores Steps Down As Xilinx CFO

Flores “has been integral to our efforts to grow our business and execute on our transition to a platform company," the chipmaker's CEO says.

Matthew Heller
September 20, 2019
Supply Chain

Will Saudi Oil Strikes Hamper Supply Chains?

The impact will likely be mostly in the short term, but only if there isn't another production-depleting incident.
Budgeting

The Zero-Based Mindset

Starting from a “zero base” can reshape the customer portfolio, realign the organization, and unearth value in the supply chain.
Financial Performance

Broadcom Beats Estimates, Chip Sales Fall 5%

The company expects its chip business "will continue to operate in a “very low growth, uncertain macro environment” for the foreseeable future.
Global Business

Hong Kong’s Stock Exchange Makes $37B Bid for London Stock Exchange

The Hong Kong stock exchange’s operator said the deal would connect Eastern and Western financial markets.
Supply Chain

Apple Says Zhengzhou Factory Broke Labor Rules

In response to a watchdog group, the tech giant acknowledged that a supplier violated rules on working conditions to build its latest iPhones.
Tax

IRS Aims to Catch Up to Tech Advancements

Tax agency proposes regulations that would impact tax on income from international cloud transactions and electronic transfers of digital content.
Financial Performance

Oracle Reports Sales Miss, Co-CEO Taking Leave

Mark Hurd says he decided that he needed to spend time focusing on his health.
Auditing

Watchdog Slams PCAOB Oversight of Big Four

“By failing to hold the Big Four accountable [for audit deficiencies], the board is putting all Americans’ financial futures in jeopardy.”
Auditing

Audit Committees Boost Disclosure to Shareholders

Investors get more information about the selection and evaluation of large companies' independent auditors.
Financial Performance

Starbucks Shares Fall on Reduced 2020 Outlook

CFO Pat Grismer insists Starbucks is still "firing on all cylinders from an operating performance perspective."
People

State Laws Cloud the Use of Independent Contractors

With California likely to become the third state to restrict the definition of independent contractors, companies that use gig workers face new risks.
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