Friday, November 22

Tag: Accounting/Consulting

The Supreme Court Considers the Right to Trial by Jury
27Nov By adminNo Comments
World

The Supreme Court Considers the Right to Trial by Jury

The Supreme Court on Wednesday will hear the first of two landmark cases this term challenging the runaway administrative state. At stake in SEC v. Jarkesy is a bedrock constitutional principle that colonists fought to defend in the American revolution: the right to a trial by jury.Congress in recent decades has expanded the enforcement powers of administrative agencies. The 2010 Dodd-Frank Act granted the Securities and Exchange Commission unbridled power to seek penalties administratively against any individual for violating securities laws. Democrats wanted to make it easier for the agency to punish misconduct. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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He Sold Burritos Out of His Apartment Window. Now He’s Running a $7 Billion Startup.
25Nov By adminNo Comments
World

He Sold Burritos Out of His Apartment Window. Now He’s Running a $7 Billion Startup.

Listen to article(1 minute)Pivot Point is a new Wall Street Journal feature in which executives reflect on the successes and setbacks of their careers. The first Pivot Point installment is here. Zach Reitano was the only one in his cohort of a dozen summer interns at Booz & Co. a decade ago who didn’t get a full-time job. The failure set him up to lead a $7 billion healthcare company. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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EY Picks Janet Truncale as Global Chair as Accounting Firm Looks Beyond Failed Split
15Nov By adminNo Comments
World

EY Picks Janet Truncale as Global Chair as Accounting Firm Looks Beyond Failed Split

Updated Nov. 15, 2023 3:40 pm ETErnst & Young executives selected the head of its Americas financial services business as the new global chair to succeed Carmine Di Sibio, the architect of the failed split of its audit and advisory businesses, as the Big Four accounting firm works to move out of the shadows of the botched plan. Janet Truncale will be the first woman to serve as global chair and chief executive of the roughly 395,000-person firm, effective July 1, 2024. The 18-person global executive committee on Wednesday told partners they had elected her to a four-year term, among the six nominees, making the ratification official. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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China Raids Offices of WPP Unit GroupM, Detains Executive
21Oct By adminNo Comments
World

China Raids Offices of WPP Unit GroupM, Detains Executive

Chinese police have raided the Shanghai offices of GroupM, a media-investment group and unit of London-based WPP, and detained an advertising executive, said a person familiar with the matter.Police questioned other local executives during the raid, including GroupM’s Chief Executive in China Patrick Xu, the person said. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Amazon Aggregator Thrasio Engages Restructuring Advisers
27Sep By adminNo Comments
World

Amazon Aggregator Thrasio Engages Restructuring Advisers

Thrasio, a startup that in recent years bought up dozens of consumer brands sold on Amazon, is working with advisers to explore restructuring options as it contends with a postpandemic slump in online spending, according to people familiar with the matter. 
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Job Security Isn’t Enough to Keep Many Accountants From Quitting
22Sep By adminNo Comments
World

Job Security Isn’t Enough to Keep Many Accountants From Quitting

Auditors and tax accountants are moving on—or considering quitting the profession—citing other available options at a time of an already widening shortageAccountants are leaving the profession in droves citing low salaries, mundane tasks, burnout and threats from new technology like AI. Thomas R. Lechleiter/The Wall Street Journal with elements from Getty Images/iStockphoto
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Todd Boehly’s Eldridge Makes First Energy Transition Bet With Ausenco Deal
21Sep By adminNo Comments
World

Todd Boehly’s Eldridge Makes First Energy Transition Bet With Ausenco Deal

Todd Boehly’s holding company Eldridge Industries, which owns stakes in Major League Baseball team Los Angeles Dodgers and film studio A24, is making its first bet on the economy’s shift to clean energy.  The Greenwich, Conn.-based company is leading the acquisition of Australian mining-focused engineering and consulting services provider Ausenco in a roughly $578 million deal. Ausenco...
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