Standard & Poor’s negative outlooks on global companies now exceed positive ones by the worst margin —11% — since the 2008-09 financial crisis.
The ratings agency said Tuesday that 17% of debt-issuing companies were on negative credit watch at the end of 2015, outnumbering the number of companies on positive credit watch by a ratio of three-to-one. Read more.
Federal officials have cited Amazon for failing to report at least 26 work-related illnesses and injuries at a New Jersey warehouse and recommended that it address other safety concerns.
The citation stems from a July inspection of Amazon’s Robbinsville, N.J., fulfillment center by the Occupational Safety and Health Administration. The company also received ergonomic- and medical-related hazard letters. Read more.
The online giant failed to properly record occupational illnesses and injuries at a New Jersey warehouse, says OSHA.
Services like Airbnb are altering the economics of the hotel business.
MetLife’s “bold move” could set a precedent for other “systemically important” insurers seeking to avoid higher capital requirements.
Total CEO turnover fell 9% in 2015 while tenure at the largest companies has increased nearly a full year since 2005.
The just released IASB lease accounting standard and its forthcoming FASB counterpart call for different expense accounting methods.
There were three times as many debt-issuing companies on negative credit watch as on positive at the end of 2015, S&P says.
The anti-money laundering action means buyers of high-end property in Manhattan and Miami can no longer hide behind shell companies.
A jury finds the proprietary sales data that a former Capital One employee used to trade in retail stocks was “material.”
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