Federal prosecutors and lawyers for five former insurance executives accused of engineering a bogus reinsurance transaction to mask a drop in reserves at American International Group Inc. are in settlement talks, according to a joint court ...
Hedges are at best imperfect. And when banks like J.P. Morgan Chase try to protect against wide-ranging risks, the chance for things to go awry only grows.
The foundation that oversees accounting rule-making created a panel aimed at making it easier for millions of privately held companies to follow accounting standards.
The topic of discussion was banks, and Abraham J. Briloff was warming to his subject. Many have complained, he observed, "that these powerful financial institutions are withholding the data which are really vital for the full comprehension ...
As investors struggle to assess the health of embattled natural-gas producer Chesapeake Energy Corp., some say they are facing an obstacle: the company's accounting.
By Michael Rapoport In retrospect, the much-debated JOBS Act probably would have become law no matter what, given its bipartisan support from the Obama administration and Republicans in Congress.
By Corrie Driebusch and Nathalie Tadena Among the companies with shares expected to actively trade in Friday's session are Frontline Ltd. (FRO), VeriFone Systems Inc. (PAY) and Talbots Inc. (TLB).
It's now nearly a year and a half since the U.S. Securities and Exchange Commission started investigating potential problems with the share listings of Chinese companies in America, and the problems grow only more serious. Some such ...
RBS made a big net loss in the first quarter of the year. But most of that was down to a £2.46 billion charge for the "fair value" of the lender's own debt.
Endgame/Play American Conservatory Theater, 415 Geary St., San Francisco ($10-$95), 415-749-2228, closes June 3 San Francisco Even among geniuses, there's no accounting for taste: Samuel Beckett actually thought that "Endgame," first performed ...
U.S. and Chinese regulators are headed toward a possible clash over how Chinese companies are audited. Beijing has moved to assert more control over Chinese affiliates of major accounting firms by requiring that Chinese citizens lead those ...
Online music streaming service Spotify launched in Australia this week in a move insiders say could change the face of the country's music industry.
Analysts have taken plenty of heat for cooking up ersatz accounting measures with painful acronyms. But while investors are rightly wary of "earnings excluding bad stuff," it is often the right approach for economic data.
Privacy: The New York Times tells the tale of how Google Inc. escaped a full accounting for the gobs of personal information that were scooped up as cars photographed the world's streets. "It was one of the biggest violations of data ...
Is there an instinct for food, some kernel of common taste hidden deep within the vast array of cuisines and food cultures? Does a "theory of food" guide our choice of foods, our idea of what counts as a full meal or a desirable snack? John ...