SEC Names White House Aide to PCAOB
Rebekah Goshorn Jurata replaces Kathleen Hamm, a cybersecurity expert who had been seeking a second term on the board.
SEC Pulls Plug on Telegram Initial Coin Offering
“The SEC isn’t playing around. It's time these [ICO] companies recognize this.”
Red Hat Fires CFO Over Workplace Standards
Eric Shander, who had been with the software firm since 2015, helped guide it through its acquisition by IBM.
Fed OKs Rollbacks of Post-Crisis Banking Rules
The Board of Governors voted 4-1 in favor of the changes, with the dissenter saying they would weaken core safeguards.
Target Names SVP Michael Fiddelke as CFO
The retailer conducted an extensive global search before appointing Fiddelke to succeed Cathy Smith.
OECD Takes Aim at Multinational Tax Shelters
A proposed tax overhaul would allow a country to tax the profits of a company even though it does not have a "physical presence" there.
Fed to Buy Treasuries to Ease Funding Strains
The Fed's move to grow its balance sheet comes after last month's “unexpectedly intense volatility” in the funding markets.
Domino’s Misses on Earnings, Launches Buyback
The pizza-delivery giant has been repurchasing shares as sales growth has slowed amid competition from third-party apps.
U.S. Adds Chinese Startups to Trade Blacklist
Ahead of this week's trade talks between the two countries, the timing of the U.S. action "is going to be awkward for the Chinese."
GE Freezes Pensions to Reduce Deficit, Debt
“Returning GE to a position of strength has required us to make several difficult decisions, and today’s decision to freeze the pension is no exception."
PayPal Pulls Out of Facebook’s Crypto Project
The payments company was reportedly concerned Facebook had not done enough to address the regulatory backlash against the Libra plan.