Accounting & Tax
Credit & Capital
Risk & Compliance
Jobs and Productivity Numbers Disappoint
Private-sector businesses added fewer jobs in April than analysts expected, and nonfarm productivity fell for the second quarter in a row.
Senate Targets Obamacare With Budget Resolution
Republicans are unlikely to follow up the blueprint's aggressive cuts to nondefense programs with actual legislation.
Banking & Capital Markets
HSBC Boss Sees No ‘Drastic’ Outcome for U.S. Units
CEO Stuart Gulliver says Europe's largest bank still relies heavily on its U.S. business, despite recent poor returns.
Millennials Cite Stagnant Pay as Top Reason for Quitting
Millennials want flexible work schedules and bosses that encourage teamwork, but their top reason for leaving a job is an old one: lack of wage growth.
Apple Exec Is Top-Paid Woman
Apple's senior vice president of retail Angela Ahrendts earned $82.6 million in 2014, ahead of former Oracle CFO Safra Katz.
Magnetation Files Bankruptcy Amid Iron Ore Slump
A prolonged pricing slump and a high level of debt push the closely held mining firm into Chapter 11.
FTC’s Antitrust Case ‘Pure Fiction’: Sysco
The Federal Trade Commission's attempt to block Sysco's takeover of US Foods heads to a U.S. district court.
Trade Deficit Largest Since 2008
Gap between U.S. imports and exports likely means that U.S. GDP actually contracted in the first quarter.
For-Profit School Corinthian Declares Bankruptcy
Corinthian Colleges had been accused of misrepresenting job-placement rates, and the federal government had cut off its access to federal student aid.
Cheating Incident Jolts Faith in Chinese Cyber Security Firm
China's largest cyber security firm cheated on antivirus evaluation tests, say three testing labs that certified the company's products.
Is Berkshire Hathaway Systemically Important?
Definitely not, says Warren Buffett, the company's chairman and CEO.
Employees Socking Away More in 401(k)s
The average 401(k) balance at the end of the first quarter was $91,800, up 0.5% from last quarter and 3.6% from one year ago, says Fidelity.
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