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Showing posts with the label News

News, by Reuters | KPMG Escapes Record Fine Over Carillion | July 25, 2022:

Source: reuters.com KPMG escapes record fine over Carillion, Regenersis audit checks July 25, 20223:57 AM GMT-5Last Updated 13 hours ago 3 minutes July 25 (Reuters) - KPMG was fined 14.4 million pounds ($17.27 million) on Monday after the accounting firm admitted to providing false and misleading information to its regulator during spot checks on audits of construction firm Carillion and outsourcing firm Regenersis. The Financial Reporting Council, the regulator involved, also ordered KPMG to appoint an independent reviewer into the firm's current Audit Quality Review (AQR) policies and procedures. KPMG would have been fined 20 million pounds had it not earned a discount for self-reporting the incidents, co-operating with the FRC and admitting to the misconduct, the FRC said. Without the discount, the fine would have been the largest FRC fine ever, eclipsing Deloitte's 15 mil

News, by BBC | An Eerie Glow in sky confuses Australian Town and Outs Cannabis Farm | July, 22, 2022:

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  Eerie glow in sky confuses Australian town and outs cannabis farm By Tiffanie Turnbull BBC News, Sydney Published 7 hours ago    To read full "Mysterious Story", please follow link below:  https://www.bbc.com/news/world-australia-62261094

News | The Market Sum, by Investopedia | July 18, 2022:

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    By Caleb Silver , Editor in Chief & Bill McColl , Newsletter Contributor Vera_Petrunina / Getty Images 1 / US Markets Lose Early Gains and End Lower 2 / Boeing Gets Big Plane Order from Delta 3 / Teen Job Growth Soars 4 / S&P 500 Biggest Gains and Losses 1 /  US Markets Lose Early Gains and End Lower U.S. equities powered higher in the morning, but faded in the afternoon, tumbling in the last hour to finish the day lower. The Dow had been up more than 350 points before dropping. The S&P 500 and Nasdaq lost about 0.8%.   Apple ( AAPL ) shares fell following a report the iPhone maker plans to slow hiring and spending this year. That followed similar comments this month from Microsoft ( MSFT ) and Alphabet ( GOOGL ). Their shares were lower, too. Shares of some other big te

News, by SEC: Equitable Financial To Pay $50 Million Penalty To Settle SEC Charges That It Provided Misleading Account Statements to Investors | July 18, 2022:

  Source: sec.gov 3 minutes Accounts belonged to public school teachers and staff investing for retirement The Securities and Exchange Commission today announced fraud charges against Equitable Financial Life Insurance Company for providing account statements to about 1.4 million variable annuity investors that included materially misleading statements and omissions concerning investor fees. Equitable agreed to pay $50 million to harmed investors, most of whom are public school teachers and staff members, to settle the charges. As described in the SEC’s order, since at least 2016, Equitable gave investors the false impression that their quarterly account statements listed all fees paid during the period. The SEC’s investigation found that, in reality, the statements listed only certain types of fees that investors infrequently incurred and that more often than not the statements had $0.00 listed fo

News | Landing The Job, by CNBC | 93% of Employers Want to See Soft Skills on Your Resume—Here Are 8 of The Most In-Demand Ones | July 18, 2022

Source: cnbc.com   Gili Malinsky 4 minutes When applying for a job, there are many ways to optimize your resume . You can check the listing to see where the employer's priorities lie in terms of experience, and make sure to highlight what's most important to them , for example. You can include any major achievements like exceeding sales goals. And you can include a link to your LinkedIn profile . One group of skills career experts say is crucial to include is your soft skills . An overwhelming majority ― 93% of employers ― say "soft skills play a critical role in their decision about whom they want to hire," Ian Siegel, co-founder and CEO of ZipRecruiter, said in the company's recent report The Job Market Outlook for Grads . Soft skills include a wide array of abilities. "I would say, in general, communication is very high on that list right now considering how pe

Business | News | Deals | Wednesday, June 1, 2022:

  Source: reuters.com Pfizer to sell stake in GSK's consumer health business after it lists June 1, 202210:15 AM GMT-5Last Updated 17 min ago 4-5 minutes Summary Companies GSK said in February Pfizer would keep Haleon stake Haleon expected to list in London on July 18 GSK rebuffed Unilever's 50 billion pound offer for Haleon LONDON, June 1 (Reuters) - Pfizer (PFE.N) plans to sell its 32% stake in Haleon, its consumer health venture with British drugmaker GSK (GSK.L) , after the business lists as an independent company in July, GSK said on Wednesday. GSK is spinning off Haleon, which makes Sensodyne toothpaste and Advil painkillers, so it can focus on vaccines and prescription drugs. GSK rejected a 50 billion pound ($63 billion) offer for Haleon last year, saying it undervalued the firm. Pfizer has previously indicated it wanted to sell its stake in Haleon but GSK, which owns 68% of the world's

News | Business | Thursday, May 5, 2022:

 Source: bloomberg.com Where Exactly Will Elon Musk Get the Cash to Buy Twitter? Kurt Wagner 4-6 minutes What to know in tech What to know in tech What to know in tech Get insights from reporters around the world in the Fully Charged newsletter. Get insights from reporters around the world in the Fully Charged newsletter. Get insights from reporters around the world in the Fully Charged newsletter. Elon Musk appears to still be trying to secure the funding for his Twitter deal. But first... Today’s must-reads: • Uber did better than Lyft last quarter • Turbo Tax paid a $141 settlement over not-quite-free tax filing • The Bored Ape thefts show crypto scammers are getting more creative “Please help me buy Twitter!” Elon Musk has agreed to buy Twitter Inc. for $44 billion, but it seems that the world’s richest man is still on the hunt for some of that money. As part of the deal, Musk is on the hook for $21 billion

Oil Price Latest News on Wednesday, March 2, 2022:

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  Source: wsj.com Oil Rises, Stocks Climb as Investors Eye Ukraine, Interest Rates Paul Vigna, Joe Wallace and Caitlin McCabe 8-9 minutes U.S. stocks shot up, while oil prices also jumped , as investors watched for updates from Ukraine and parsed testimony on the Federal Reserve’s plans to raise interest rates. The S&P 500 rose 1.9% Wednesday, a day after the benchmark index fell 1.6% . The Dow Jones Industrial Average gained 579 points, or 1.7%, and the technology-focused Nasdaq Composite Index added 1.7%. The advances were broad-based, with all 11 of the S&P 500’s sectors rising, 9 of them by more than 1%. Despite the continuing war in Ukraine and spiking oil prices, investors were focused on interest rates. Fed Chairman Jerome Powell, appearing before the House Committee on Financial Services, said he would propose a quarter-percentage point rate increase at the central