Corporate Finance

Capital Markets

U.S. Treasury Lends $700M to Troubled Trucking Company

The government will take a 29.6% fully diluted equity ownership in YRC Worldwide .

William Sprouse
July 1, 2020
Human Capital & Careers

Metric of the Month: Total Cost to Reward and Retain Employees

Now is the time to take care of your best asset — your people.
Bankruptcy

Cirque du Soleil Files for Bankruptcy

The company is also terminating about 3,500 employees who were furloughed in March.
Auditing

Curtailing Auditors’ Tax Services For Appearances Brings Higher Rates

The pursuit of perceived auditor independence turns out to be an expensive proposition, a new study reveals.
M&A

BP Sells Petrochemicals Business to Ineos for $5B

The energy giant said it met its goal to divest $15 billion a year ahead of schedule.
The Cloud

Three Ways COVID-19 is Accelerating Digital Transformation in Professional Services

The pace of digital transformation has been dramatically accelerated — it’s not a conversation starter now, it’s a basic business requirement.
Bankruptcy

Shale Oil Company Chesapeake Energy Files for Bankruptcy

The company said it will eliminate $7 billion in debt though the restructuring.
Ethics

Microsoft Pauses Advertisements on Facebook, Instagram Globally

The company is concerned over the content that runs next to its ads.
Regulation

Novartis Settles U.S. Bribery Charges

The pharma giant will pay more than $346 million to settle charges that it bribed doctors to prescribe their drugs.
People

CFOs On the Move: Week Ending June 26

Jones Lang LaSalle, Mattel, Six Flags, Dachser, Palo Alto Networks, Confluent, Aerospace, Harvest, GEON Performance Solutions
The Economy

Infectious Economy: The Quiz

The COVID-19 pandemic threw the U.S. economy into a tailspin. Take our quiz to see how much you recall about the first months of the outbreak.
Financial Performance

Olive Garden Owner Reports Better-Than-Expected Q4

As of June 22, 91% of the company's dining rooms were open with at least limited capacity.
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Latest Articles

Bankruptcy

Largest Pizza Hut Franchisee Files Chapter 11

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Financial Performance

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M&A

Lululemon Sees Fitness Future in Mirror

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Regulation

Telegram to Return $1.2B to ICO Investors

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Credit

Watchdog Warns of 'Significant' PPP Fraud Risk

June 26, 2020