The Financial Accounting Standards Board (FASB) today issued guidance intended to improve private company financial reporting regarding consolidation of lessors in certain common control leasing arrangements. FASB Accounting Standards ... Read More
The European Central Bank has issued a press release welcoming the political agreement reached on the single resolution mechanism (SRM) on Thursday morning. The negotiations between the European Parliament ... Read More
Google just beefed up the security of Gmail to make mass surveillance of its customers’ email nearly impossible. It’s not quite NSA-proof, but it’s close. To accomplish the feat, ... Read More
If the phone rings and the caller says he represents the IRS, be suspicious. That’s the warning from federal authorities, who on Thursday said a nationwide phone scam has ... Read More
Embattled exchange Mt.Gox said Friday that it has found 200,000 bitcoins in a “forgotten” digital wallet — a haul worth $116 million at current prices. Mt.Gox CEO Mark Karpeles ... Read More
Bill Gross’s Pacific Investment Management Co., which suffered record redemptions from its main mutual fund last year, was dropped as manager of a $1.3 billion bond fund offered by ... Read More
Asian stocks rose, with a regional index of shares outside Japan rebounding from the biggest loss yesterday since August. Li & Fung Ltd. surged 18 percent in Hong Kong ... Read More
Following the authorisation of NASDAQ OMX as the first EU-based CCP on 18 March 2014, the European Securities and Markets Authority (ESMA) has today published information about Nasdaq OMX ... Read More
The world’s biggest coffee chain, Starbucks Corporation (NASDAQ:SBUX), plans to double its market capitalization to $100 billion eventually and dominate the tea industry just as it has with coffee, ... Read More
The prosecution in the Oscar Pistorius murder case expects to rest early next week, prosecutor Gerrie Nel announced unexpectedly on Wednesday. Nel has only four or five more witnesses ... Read More
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