Staples to Go Private for Nearly $7B
The office supply chain company is seeking to pivot after its failed bid for Office Depot.
CFOs Saw Higher Salary Increases Than CEOs
In addition, a greater percentage of CFOs than CEOs received raises in 2016, according to a study by Compensation Advisory Partners.
Walgreens Scraps Rite Aid Merger
Under a scaled-down deal, Walgreens would buy roughly half of Rite Aid’s stores.
Fraud Charges for Ex-Oil Company Finance Execs
Former Penn West CFO Todd Takeyasu and two deputies improperly reduced operating expenses, SEC says.
Yellen Says Financial Crisis Unlikely in Her Lifetime
But the Federal Reserve Chair cautions against unwinding the reforms put in place after the 2008-2009 crisis.
New Lease Accounting Rules Pose Challenges, Study Says
The standards take effect in a mere six quarters for public companies, but many have not yet begun, or only recently began, to assess what must be done.
This Week is the Biggest of 2017 for IPOs
Blue Apron listing is seen as a test for consumer offerings.
Pret a Manger Shuffles Auditors, Fueling IPO Talk
Replacing KPMG with Ernst & Young is seen as a necessary move ahead of a U.S. listing.
EU Hits Google with Record Fine
The Internet giant has been ordered to change its practices or face further financial penalties.
Japanese Airbag Maker Files for Bankruptcy
The company faces billions in liabilities over airbag recall.
Anthem Agrees to Record Settlement Over Cyberattack
The company said it would change its security practices to prevent future intrusions.