Accounting & Tax
Credit & Capital
Risk & Compliance
Tuesday Regulatory Briefing: Supreme Court Puts Limits on SEC Penalties
The NYSE pushes for direct listing changes; stress tests incorporate the pandemic; eurozone banks borrow record amounts; and more.
Microsoft Scraps Game Streaming Platform
Microsoft tried to compete with Amazon's Twitch but its Mixer service saw "almost no growth in a medium that has otherwise been exploding."
ServiceNow Buys Data Management Startup
The acquistion of Sweagle will enable ServiceNow to identify and help prevent software configuration glitches that can cause outages.
Microsoft to Buy Startup CyberX
In a blog post, the tech giant said the deal was part of a wider initiative to accelerate and secure deployments of the internet of things (IoT).
Congress Looks to Support Charities With Tax Breaks
Two senators want to let taxpayers deduct charitable donations even if they don’t itemize their deductions.
Wirecard CEO Resigns Amid Cash Mystery
Markus Braun's departure came a day after the German fintech firm disclosed it was missing $2 billion in cash.
New Bill Offers Second Loans to PPP Borrowers
“Congress must once again act urgently to support our most vulnerable small businesses through this crisis."
AmTrust, Ex-CFO Fined for Improper Disclosure
The SEC says former finance chief Ronald Pipoly failed to properly disclose the company’s process for reporting management’s best estimate of loss reserves.
KKR to Buy Dutch Vacation Company Roompot
The target’s revenue has fallen during COVID-19 but the company has recently seen a jump in domestic demand.
Carnival Loses $4B Amid Ship Lockdowns
“COVID-19 has had, and is expected to continue to have, a significant impact on our financial condition and operations."
DoJ Proposes Weakening Tech Immunity Law
"The time is ripe to realign the scope of Section 230 [of the Communications Decency Act] with the realities of the modern internet."
U.S. Banks’ Profits Sink 69% to $18.5B in Q1
Banks diverted earnings to reserves for "newly risky loans as the coronavirus tanked credit health and plunged the U.S. into a recession."
Get the latest news from the CFO
Updated daily and weekly