Why is General Electric planning to move 500 jobs overseas? Has the IRS’s dislike of spin-offs caused Yahoo to pay tax for Alibaba transaction? What does the U.S. Attorney’s Office say about regulators and their concern about microcap markets? The answers to these questions and more in today’s CFO roundup…
General Electric is moving 500 U.S. jobs overseas, mostly to Europe, because Congress failed to reauthorize the Ex-Im Bank.
IRS declares its dislike for spinoffs that are largely investment vehicles, suggesting Yahoo’s Alibaba transaction would not gain tax-free status.
Are your accountants and their constituents pointing fingers at each other when projects stall? Take a look at your workflow systems.
The case for raising interest rates is worryingly hazy.
The microcap markets are of increasing concern to regulators, says the U.S. Attorney’s Office.
The cereal company also pays $450 million (about 15 times EBITDA) for a 50% stake in Multipro, a Nigeria-based food sales and distribution company.