Accounting & Tax
Credit & Capital
Risk & Compliance
Ex-Merck Analyst Hit with Insider Trading Rap
He allegedly helped a friend make more than $700,000 on insider M&A info.
Sysco Angles to Save US Foods Deal
The nation's largest food supplier appeals to the FTC in its bid to acquire its closest competitor.
Two-Thirds of Americans Favor Tougher Anti-Ebola Measures
A new survey finds that a majority would back a plan to restrict entry into the United States, but health experts warn against the idea.
Ireland to Scrap ‘Double Irish’ Tax Loophole
Popular with companies whose chief asset is intellectual property, the evasion tactic will be closed in 2015.
New Swaps Protocol Aimed at Avoiding ‘Too Big to Fail’
The new procedure will in theory keep an insolvent bank's counterparties from stepping in and seizing collateral during a crisis.
Twitter Becomes a Payment Channel
Twitter's new partnership with a French bank allows users to tweet money to each other.
Credit & Capital
SEC Panel Urges Update of ‘Accredited Investor’ Standard
Income and net worth minimums may not be the best way to determine if an investor has the ability to make an informed investment decision.
Microsoft CEO Sparks Uproar With Women’s Pay Comments
Satya Nadella goes into damage control mode after a controversial response to a question about the gender pay gap.
Regulators Want to Fix Bank’s Risk Models
There is too much variability in the credit risk banks are assigning to different kinds of assets, says the the Basel Committee on Banking Supervision.
U.S. Budget Deficit Lowest Since 2008
The federal government's receipts grew nearly 9% in fiscal 2014, helped by growth in corporate taxable profits and an increase in payroll tax collections.
World Bank CFO Gives Up ‘Scarce Skills’ Bonus
To help defuse staff anger over a radical restructuring of the World Bank, CFO Betrand Badré forgoes a $95,000 bonus.
EU Watchdog Opens Probe of Amazon Tax Break
According to the European Commission, Amazon is being allowed to understate its taxable profits in Luxembourg.
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