Japan's Softbank is to invest 900 million euros ($1 billion) in beleaguered German financial technology firm Wirecard, or a stake of about 5.6 percent, Wirecard announced Wednesday.
Business
Apr 24, 2019
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Firms that publish complex or ambiguous annual reports might be trying to mask poor performance and could be inadvertently signalling a crash in their stock price, according to new research from the University of Alberta.
Economics & Business
Feb 26, 2019
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As politicians tout the merits of U.S. tax reform on personal returns and corporate investment, many companies are scrambling to deal with the law's immediate impact on the value of their deferred tax assets and liabilities ...
Business
Feb 5, 2018
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Ford Motor Co. said Friday that it is establishing a Silicon Valley-based subsidiary to build and invest in new mobility options like car-sharing and ride-hailing services.
Business
Mar 11, 2016
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Baidu shares jumped Thursday after the Chinese Internet giant reported quarterly earnings that topped Wall Street expectations.
Business
Feb 26, 2016
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Improvements in financial reporting that stemmed from the 2002 Sarbanes-Oxley Act, or SOX, in the wake of Enron and other corporate scandals, have led to a major decrease in accounting mistakes at large U.S. companies, a ...
Economics & Business
Aug 12, 2014
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The world lost record amounts of Arctic sea ice in 2012 and spewed out all-time high levels of greenhouse gases by burning fossil fuels, international climate scientists said Tuesday.
Earth Sciences
Aug 6, 2013
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Take a close look at your cellphone bill, line by line. If you see charges that don't make sense, such as "Web hosting" or "member fee," chances are you've been crammed.
Telecom
Jul 12, 2013
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LG Display reported a $299 million profit for the fourth quarter Thursday thanks to mobile product launches by key customers including Apple Inc. but warned that earnings will decrease in the current quarter as demand for ...
Business
Jan 24, 2013
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Every year public companies release a financial statement that includes a report from an auditor. That report provides assurance about the quality of the financial information and is meant to help the company attract investors, ...
Economics & Business
Jan 31, 2012
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