AAA decries interference in CECL standard under CARES Act

AAA decries interference in CECL standard under CARES Act

The American Accounting Association has issued a rare rebuke to Congress criticizing government interference in accounting standards in response
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Howard Stern discussions to stay at SiriusXM after 2020 are progressing well, CEO says

SiriusXM is making progress in negotiations to keep its biggest star, Howard Stern, on the air. Continue Reading Below. The 66-year-old shock jock’s contract will reportedly end in 2020, but Sirus XM CEO Jim Meyer said Thursday that the satellite radio …
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Closed Disneyland a $5 billion hit to Southern California economy, Cal State Fullerton says

The pandemic’s shuttering of Disneyland has cost the Southern California economy $3 billion already and will cost it another $2 billion through March 2021 if the theme park remains closed, according to a Cal State Fullerton forecast. Anil Puri, director of the …
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Bitcoin booms again: Cryptocurrency tops $18000 following PayPal announcement

Overnight the now infamous cryptocurrency hit a high of A$18,267 for one Bitcoin, following the announcement that money transfer service PayPal would allow its users to trade using the virtual currency. Using the currency exactly like any other forex, PayPal’s …
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California says 350000 debit cards for unemployment benefits frozen over fraud fears

Faced with a deluge of fraudulent unemployment claims, California officials said Thursday that 350,000 of the debit cards they issued containing benefits have been frozen because of suspicious activity, including a high number of claims at a single address.
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