Accounting & Tax
Credit & Capital
Risk & Compliance
OECD Takes Aim at Multinational Tax Shelters
A proposed tax overhaul would allow a country to tax the profits of a company even though it does not have a "physical presence" there.
U.S. Steel Divulges New Cost-Cutting Plan; CFO to Retire
The country's biggest steelmaker is planning a new operating model to cut costs.
Twitter Says Personal Info Shared with Advertisers
The company said it did not know how many users were affected.
Fed to Buy Treasuries to Ease Funding Strains
The Fed's move to grow its balance sheet comes after last month's “unexpectedly intense volatility” in the funding markets.
Domino’s Misses on Earnings, Launches Buyback
The pizza-delivery giant has been repurchasing shares as sales growth has slowed amid competition from third-party apps.
U.S. Adds Chinese Startups to Trade Blacklist
Ahead of this week's trade talks between the two countries, the timing of the U.S. action "is going to be awkward for the Chinese."
GE Freezes Pensions to Reduce Deficit, Debt
“Returning GE to a position of strength has required us to make several difficult decisions, and today’s decision to freeze the pension is no exception."
U.S. Supreme Court Denies Amazon Bid to Block Worker Suit
Warehouse employees say they should be paid for time spent in security screenings.
PayPal Pulls Out of Facebook’s Crypto Project
The payments company was reportedly concerned Facebook had not done enough to address the regulatory backlash against the Libra plan.
HP to Shed up to 9,000 Jobs in Restructuring
The company is regrouping as it faces a decline in the printing business that was once its biggest moneymaker.
New York Sues Student Loan Servicer
The state says one of the largest federal student loan servicers is mishandling debt forgiveness for public service workers.
Costco Shares Drop on 4th Quarter Sales Miss
The stock had risen 42% this year as the warehouse retailer benefited from strong consumer spending.
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