SEC Fines Accountant KPMG $50 Million for Cheating Despite 'Integrity' Pledge

SEC Fines Accountant KPMG $50 Million for Cheating Despite 'Integrity' Pledge

KPMG, the giant accounting firm, agrees to pay $50 million to settle Securities and Exchange Commission accusations that employees cheated on internal training exams and altered past audit work based on stolen information.

Facebook Gains as Market Finds Crypto Opportunity Intriguing

Facebook Gains as Market Finds Crypto Opportunity Intriguing

Facebook is fomenting optimism on its blockchain bets, despite traditional cryptocurrency criticism.

What Is a Hurdle Rate?

What Is a Hurdle Rate?

Every time you've asked yourself "Is it worth it?" you have launched a hurdle analysis. Here's what that means.

Chewy's Dual-Class Structure Isn't Ideal for Investors

Chewy's Dual-Class Structure Isn't Ideal for Investors

Chewy is challenging strong criticism with its disparate dual-class structure.

What Is Price Fixing?

What Is Price Fixing?

When companies get tired of offering better products, sometimes they try another option. Like illegal price fixing.

Skyworks Is Latest Chipmaking Victim of Huawei Ban

Skyworks Is Latest Chipmaking Victim of Huawei Ban

Chipmaker Skyworks Solutions is the latest victim of the Trump administration's blacklisting of Chinese telecommunications giant Huawei, announcing lower guidance due to an expected drop in sales.

U.S. Officials Meet in Secret Over Junk-Loan Frenzy as Recession Alarms Flash

U.S. Officials Meet in Secret Over Junk-Loan Frenzy as Recession Alarms Flash

The Financial Stability Oversight Council, a panel of top U.S. regulators charged with preventing future financial crises, met Thursday to discuss the past decade's surge in corporate borrowing, much of it by companies with junk-grade credit rating. An economic downturn likely would bring a wave of credit-rating downgrades and debt defaults that could ripple across markets.

Sprint, T-Mobile Prepping to Sell Boost Mobile for $3 Billion - Report

Sprint, T-Mobile Prepping to Sell Boost Mobile for $3 Billion - Report

Potential buyers are prepping bids for prepaid wireless brand Boost Mobile in an upcoming sale valuing the offshoot of U.S. wireless carriers T-Mobile US and Sprint at up to $3 billion, Reuters reports.

What Is an Employment Agreement?

What Is an Employment Agreement?

An employment agreement spells out the rules, rights and responsibilities for both the employer and the employee.

Fiat Chrysler Pitch to Renault Would Create Third-Largest Automaker

Fiat Chrysler Pitch to Renault Would Create Third-Largest Automaker

Together, the two companies could sell 8.7 million vehicles annually -- surpassing the output of General Motors, which through 2018 sold 8.4 million vehicles globally.