Accounting & Tax
Credit & Capital
Risk & Compliance
Fitch Downgrades Japan’s Debt Due to Fiscal Doubts
Fitch attributed its downgrade in part to “the absence of broadly equivalent fiscal measures" to replace a delayed sales tax increase.
Capgemini Spends $4B to Acquire IGATE
Deal will strengthen the French company's footholds in the Americas and India.
Amazon Stock Surges on First-Ever Cloud Results
Will Amazon Web Services finally make the online giant profitable?
AMD’s First-Quarter Earnings Fuel Bankruptcy Fears
Advanced Micro Devices misses target, and its future looks bleaker than ever.
Make BofA Disclose Lobbying Expenses, Glass Lewis Tells Shareholders
Absent improved accountability, bank assets could be used for objectives contrary to shareholder interests, the proxy advisor says.
Fed Eyeing Liquidity of Asset Management Firms
Federal Reserve officials are wary that a surprise increase in interest rates could spur panic among investors.
Firm Settles with SEC for Missing Eight Filings
Real Estate Firm W2007 Grace Acquisition, after incorrectly calculating its number of record holders, thought it had too few to file.
Insurance Firms See Waning Investment Options
Insurers are more pessimistic about their investment outlook than they've been in years, according to a Goldman Sachs Asset Management survey.
Economists Predict Q2 Rebound
Gross domestic product is predicted to hit 3.1% this quarter, as long as the strong U.S. dollar doesn't derail production.
State-Owned Chinese Company Defaults
Baoding Tianwei misses a deadline to pay roughly $14 million in interest due on $242 million of bonds.
Frederick’s Stripping Down to E-Commerce
The lingerie retail chain files for Chapter 11 bankruptcy for the second time since 2000.
Google Search to Favor Mobile-Friendly Sites
Corporate sites which aren’t optimized for smartphones’ smaller screens could see their ranks downgraded in mobile search.
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