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Ernst & Young Halts Breakup Plan After Revolt by U.S. Leaders
Markets Finance EY spent more than $100 million on split between auditing, consulting business Source link
Ernst & Young Halts Breakup Plan
The Big Four accounting firm has ended its efforts to split into consulting and auditing businesses after U.S. partners objected to the proposal. Source link
Occidental Petroleum Plans to Suck Carbon Dioxide From the Air—So It Can Keep Pumping Oil
Petroleum giant says its plan to capture and store carbon dioxide will give it leeway to invest in fossil fuels A direct-air capture facility by
PC Shipments Fall 29%, Led by Drop in Apple Devices
The industry is grappling with a pandemic-driven glut in inventory. Source link
Goldman Sachs to pay $15M to settle CFTC charges about violation of business conduct standards
The Commodity Futures Trading Commission (CFTC) on Monday issued an order simultaneously filing and settling charges against Goldman Sachs & Co. LLC for violations of
Tyson Foods Heir Looks to Help Right the Family Business After His Arrest
Business CFO John R. Tyson is moving past his legal issues and now aims to reverse the meat giant’s falling profit Source link
Goldman Sachs Paying $15 Million to Settle Investigation of Swaps Business
Markets Finance Bank’s swaps dealer priced derivatives in terms that put clients at a disadvantage, CFTC says Source link
Tonal Founder Steps Down as CEO
The at-home fitness company completed its latest funding round at a fraction of its prior valuation. Source link
Ozempic, Wegovy and Mounjaro Spark a Weight-Loss and Diet Industry Identity Crisis
Weight-loss businesses, which long pushed calorie-counting and willpower, are grappling with the surging popularity of new drugs. Source link
Auditors Didn’t Flag Risks Building Up in Banks
When KPMG LLP gave Silicon Valley Bank a clean bill of health just 14 days before the lender collapsed, the Big Four audit firm flagged