The finance chief of California's largest utility company spoke with CFO.com Thursday about how it is coping with the turmoil in the capital markets.
With AIG taken over by the feds, Kraft Foods takes the insurer's former slot in the Dow Jones Industrial Average.
The regulator rushes to counter bank fears that propping up the one-dollar value of money markets might put those mutual funds on bank balance sheets.
Early regulatory filings suggest that the fallout isn't severe — yet.
Fearing a disorderly failure of AIG, the government lends the struggling insurance giant $85 billion in exchange for an 80 percent equity stake and steep interest charges.
The Merrill acquisition puts more pressure on Bank of America's capital, which was "already strained" by the Countrywide acquisition, says Standard & Poor's.
A look at the various ways companies are dealing with the financial joke that is auction-rate securities.
CFOs shift their expectations for a recovery to a later date as more companies report feeling the pinch of the credit crisis.
The overseer of a coming accounting revolution opines on U.S. companies' inevitable, eventual shift to IFRS.
The SEC's 'roadmap' for U.S. conversion to international reporting standards is marked by caution, as are some initial responses from observers.
Comment letters responding to a recent FASB proposal suggest that the accounting standard setter should leave the writing of new accounting rules to its international counterpart.
FASB's chairman defends a recent proposal after a scathing Wall Street Journal editorial, but corporate opposition to increasing disclosure about potential losses from litigation also runs high.
