Accounting & Tax
Credit & Capital
Risk & Compliance
Spreadsheet Error Costs Tibco Shareholders $100M
Vista Equity Partners was supposed to pay $4.2 billion to acquire Tibco Software, until someone checked the share count.
Patagonia Invests in Solar Energy Fund
Outdoor clothing retailer allots $13 million to help Hawaii homeowners install solar panels.
eBay, Wal-Mart Lower Their Holiday Expectations
Both eBay and Wal-Mat cut their sales forecasts for their current fiscal year, in part blaming a stronger U.S. dollar.
Fed Set to Adopt Risk Retention Rule
Banks will finally be required to have 'skin in the game" when they securitize certain mortgages.
GAAP and IFRS
FASB Reviewing Share-based Payments Standard
The accounting standards setter plans to address accounting for stock options and other share-based payments as part of its simplification initiative.
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.
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