AT&T Inc. in 2010 switched to the mark-to-market method to improve the transparency of its accounting. Photo: Alejandro Cegarra/Bloomberg News By Mark Maurer Feb. 26, 2020 5:30 am ET Low interest rates could spur more U.S. finance chiefs to overhaul how they account for pensions in their financial statements, a move that could prevent increased […]
Archives for 2020
Start-up support and plenty of new partner moves aim to make IoT work
In his latest ecosystem column, Antony Savvas charts a blockbuster first couple months of the year, involving both new companies and well-established ones. Internet of Things (IoT) network provider, Sigfox has launched the second edition of its Hacking House event in Paris. For six months, participants from seven different countries will bring IoT-based projects to […]
Walmart to turn some stores into Flipkart warehouses
US-based retailer Walmart has set in motion plans to convert some of its two dozen wholesale stores into fulfilment centres for homegrown ecommerce firm Flipkart, which it owns, as part of a restructuring process of its cash-and-carry business, multiple people familiar with the development said. “Out of the 28 stores, six will be converted into […]
Hope country remains a progressive democracy: Microsoft’s Satya Nadella
Terming himself as an “India optimist”, Microsoft chief executive Satya Nadella said he hoped the country of his birth continued to be a “progressive democracy“. In an exclusive interview with ET, the 52-year-old leader of the world’s third-most valuable company said it is the people and governments that decide on policies such as immigration and […]
Your New Partner: Client Data
Have you ever been browsing Facebook and come across an ad for something you just need to have? How did they know I needed a Furbo dog camera, you might think. I was just talking about how my dog needs to be surveilled when he is alone in the house (you know, so you can […]
State Street’s $2B loan ETF posts biggest outflow ever
ETF investors are souring on floating-rate loans amid growing bets that the coronavirus will force the Fed to cut borrowing costs. State Street’s $2.1 billion SPDR Blackstone/GSO Senior Loan ETF (SRLN) posted a record outflow of $372 million Friday. That follows a similar exodus from the $5.5 billion Invesco Senior Loan ETF (BKLN), which is […]
Trump claims vaccine is ‘very close’ amid coronavirus outbreak — but he may have been talking about Ebola
U.S President Donald Trump speaks during a news conference at Hyderabad House in New Delhi, India, on Tuesday, Feb. 25, 2020. T. Narayan | Bloomberg via Getty Images The White House said Tuesday that President Donald Trump was referencing the Ebola virus — not the deadly coronavirus — when he claimed that “we’re very close […]
Three Surprises for 2020
[embedded content] Be sure to subscribe to our channel so you never miss an update Michael Arone, Chief Investment Strategist for the SPDR Americas Business at State Street Global Advisors, has gone 10 for 12 with his annual surprise predictions since 2016. Josh Brown and Michael Batnick want to know what it is about his […]
Accounting profession leaders call for action against climate change
Leaders of the accounting profession across the world made a united stand Tuesday in calling for accountants to put their skills to work to help businesses fight climate change. Fourteen accounting bodies representing members worldwide published a call to action urging accounting professionals to put sustainability and the fight against climate change at the forefront […]
Accounting profession leaders call for action against climate change – Journal of Accountancy
Leaders of the accounting profession across the world made a united stand Tuesday in calling for accountants to put their skills to work to help businesses fight climate change. Fourteen accounting bodies representing members worldwide published a call to action urging accounting professionals to put sustainability and the fight against climate change at the forefront […]