Sears Holdings has filed a Chapter 11 bankruptcy petition, and Eddie Lampert has resigned as CEO but remains chairman. A deal with lenders allows hundreds of stores to remain open while the company goes through bankruptcy proceedings.
Accounting rules that take effect at the beginning of next year could force companies to search for agreements that count as leases in unexpected places. For example, contracts for naming rights at entertainment venues could contain provisions that count as leases.
The Internal Revenue Service is proposing to remove regulations on advance payments and long-term contracts to reflect amendments to Sec. 451 in the law known as the Tax Cuts and Jobs Act.
There is no one productivity-boosting tip that works in all situations, but performing small bursts of physical activity and developing a system to prioritize tasks can help. Here are nine suggestions to ramp up efficiency.
A group of institutional investors and asset managers have petitioned the Securities and Exchange Commission to make uniform reporting of environmental, social and governance information mandatory for publicly traded companies. Advocates say the move would provide a better look at companies' long-term performance and risk management.
Delegates at an International Monetary Fund meeting in Indonesia discussed issues shaping the global financial landscape, including market turbulence, trade disputes and the effect of US interest-rate increases on emerging markets.
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