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Know Your Customers, But Don’t Trust Them
Forget about the customer always being right — sometimes they don't even know what they want.
Credit
Legendary Credit Analyst Warns of Complacency
Commenting on the differences between the 1980s and now, Martin Fridson sounds a cautionary note on the low default rate of high-yield bonds.
Applications
Operating System for Drones Nabs $25M in Funding
Airware, a San-Francisco-based startup, is developing an OS that lets commercial drones collect, analyze and distribute data.
Accounting & Tax
N.Y. Fed Blasts Deutsche Bank’s Financial Reporting
The German lender's financial reports, according to the Wall Street overseer, were "low quality," and the bank's CFO is coming under fire.
Budgeting
How Startups Can Draw the Line on Expenses
Citing a past example, a leading venture capitalist offers advice to prevent budgeting mistakes.
Job Hunting
You’re About to Get Fired When …
Long-time executives often feel immune to losing their jobs, but that's a serious mistake. Here are some indicators that your job is in jeopardy.
The Economy
Unwed Millennials: A Drag on Consumer Spending?
A new study concludes that a large percentage of the millennial generation will remain single and lose out on the wealth and income benefits of marriage.
Fraud
“Hide No Harm” Bill Goes After Top Executives
Could new legislation help law enforcement successfully prosecute a company's highest executives for corporate misdeeds?
M&A
Russian Oil Deal Will Go On, Says Morgan Stanley CFO
The bank's finance chief believes its sale of oil trading assets to Russian oil producer Rosneft will proceed despite U.S. sanctions.
Regulation
A New Way to Punish Wrongdoing: Anger Investors
To prevent white-collar crime, prosecutors are now focusing on raising shareholder ire.
Cash Flow
Apple, Others Ally with Obama to Pay Small Suppliers
SupplierPay, a new White House initiative, is designed to help small businesses increase their working capital.
Accounting & Tax
Bonus Depreciation Tax Break Passes House
Given opposition from the White House, businesses are unlikely to see the bonus tax deduction for new equipment purchases become reality.
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