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…
GE: ‘Congress Has Left Us No Choice’
General Electric is moving 500 U.S. jobs overseas, mostly to Europe, because Congress failed to reauthorize the Ex-Im Bank.
Spinoff, Interrupted: Yahoo Dealt Setback by IRS
IRS declares its dislike for spinoffs that are largely investment vehicles, suggesting Yahoo’s Alibaba transaction would not gain tax-free status.
Beating the Workflow Blame Game
Are your accountants and their constituents pointing fingers at each other when projects stall? Take a look at your workflow systems.
The Fed: More Red Lights Than Green
The case for raising interest rates is worryingly hazy.
Three Charged With Medical Firm ‘Pump-and-Dump’
The microcap markets are of increasing concern to regulators, says the U.S. Attorney’s Office.
Kellogg Forms Joint Venture in Africa
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.
[contextly_auto_sidebar id=”rS5FWA8rfK9n8USvM6hZ0mNBYiXXQbsS”]
