SEC Panel Urges Update of ‘Accredited Investor’ Standard
Income and net worth minimums may not be the best way to determine if an investor has the ability to make an informed investment decision.
Companies Move Cautiously on Private Health Exchanges
Usage of the exchanges ticks up again, but strong growth is not expected until at least 2016.
Microsoft CEO Sparks Uproar With Women’s Pay Comments
Satya Nadella goes into damage control mode after a controversial response to a question about the gender pay gap.
Ex-Dell CFO Gladden Moves to Snack Maker Mondelez
A year after steering Dell through a leveraged buyout, Brian Gladden assumes the role of finance chief at Mondelez International.
Regulators Want to Fix Bank’s Risk Models
There is too much variability in the credit risk banks are assigning to different kinds of assets, says the the Basel Committee on Banking Supervision.
U.S. Budget Deficit Lowest Since 2008
The federal government's receipts grew nearly 9% in fiscal 2014, helped by growth in corporate taxable profits and an increase in payroll tax collections.
IMF Urges Banks to Adjust to Post-Crisis Reality
"Banks need to change the way they operate to ensure that they can build and maintain capital buffers without taking excessive risk," says an IMF report.
World Bank CFO Gives Up ‘Scarce Skills’ Bonus
To help defuse staff anger over a radical restructuring of the World Bank, CFO Betrand Badré forgoes a $95,000 bonus.
IBM May Be Close to Offloading Computer Chip Unit
The computer giant will probably pay more than it originally hoped to get GlobalFoundries to take over its chip manufacturing operations.
Wal-Mart Part-Timers to Lose Health-Care Benefits
Employees of the retailer that work less 30 hours a week will no longer be covered under the company's health-care plans.
IMF Trims 2015 Growth Forecast to 3.8%
In addition, the financial markets of some advanced economies may be overheating, increasing the risk of an equity price correction this year, says the IMF.