Investors and the public will no longer tolerate personal misconduct by executives. Now, boards have to do the same.
Converging Technologies Will Lead to ‘Continuous Auditing’
Technological advancement also promises huge strides for many industries but perhaps a dire fate for others, a futurist tells accountants and auditors.
SEC Sues Elon Musk Over Tesla Buyout Claims
The suit says Tesla's CEO misled investors with his tweets about a possible go-private deal and should be removed from his position.
Tesla CAO Morton Quits After a Month on Job
Dave Morton's resignation "comes at a particularly precarious financial time" for the automaker.
Tesla Shares Fall Amid Doubts About Elon Musk
With CEO Musk now abandoning the idea of taking Tesla private, some analysts are questioning his credibility.
Tesla Shares Jump 16% Despite Record Loss
The automaker predicts it can produce 7,000 vehicles per week, which would enable it "to become sustainably profitable for the first time in our history."
Three Questions to Ask about Tesla
Will Elon Musk succeed with his strategy of wooing investors with promises for the future and one shiny new object after another?
Proposals to Separate Joint CEO-Board Chair Roles Go Nowhere
Each year dozens of shareholder proposals seek to quash potential conflicts of interest by calling for an independent chair. But they hardly ever pass.
Tesla to Cut 9% of Workforce in Profit Push
"It is clear that Tesla is under tremendous pressure to finally turn a profit and is attempting to address it by cutting overhead."
Tesla Offers $1.5B in Junk Bonds to Raise Cash
The company's first junk issue is a bet that "bond investors will be as hungry as stock investors to back" Tesla as it ramps up production of the Model 3.
Starbucks to Hire 10,000 Refugees After Immigration Ban
CEO Howard Schultz said the company will be “doubling down” on efforts to support refugees over the next five years.