Federal prosecutors in Manhattan alleged that KPMG executives recruited employees from the Public Company Accounting Oversight Board to join the accounting firm, who then shared confidential information about the PCAOB's plans to inspect the firm's audits. David Middendorf, a former KPMG
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From Modi to Macron, look out for these leaders at the World Economic Forum. Bloomberg's Haslinda Amin reports. Narendra Modi will become the first Indian prime minister in two decades to attend a meeting of the world's rich and powerful in Davos, trying to carve out a bigger global role for the South
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Bacardi Ltd. is tapping into the fast-growing market for tequila by acquiring Patron Spirits International AG in a deal valuing the company at $5.1 billion. The purchase will combine two of the world's largest closely held distillers, putting Grey Goose vodka, Dewar's scotch and Bacardi rum under the same
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The U.S. government's decision to impose tariffs on imported solar cells will destroy local jobs, raise electric bills and hurt the environment, according to former New York City Mayor Mike Bloomberg. In a Monday afternoon post on Twitter, Bloomberg wrote that the decision will “destroy U.S. jobs, raise
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Bitcoin mining consumed nearly one percent of the United States' electricity last year. Globally, Bitcoin's estimated yearly power usage is greater than that of Ireland, or 30 times more than that of Tesla vehicles.
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