AEP Ohio coal-fired plants see $2.3 billion accounting hit

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AEP Ohio coal-fired plants see $2.3 billion accounting hit

American Electric Power took a $2.3 billion accounting hit on its deregulated coal-fired assets in Ohio, the utility announced during its third-quarter
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Microsoft Introduces Slack Rival to Lure Business-Chat Users

Microsoft Corp. unveiled a corporate team-chat service that works with its cloud-based Office and Skype products, aiming to take on Slack
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Accenture Says One-Third of Corporate Cyber Attacks Succeed

About one-third of targeted attempts to breach corporations' cyber defenses succeed but three-quarters of executives remain unaccountably confident
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Europe's Biggest Oil Giant Thinks Demand May Peak in 5 Years

Michael Liebreich, founder of Bloomberg New Energy Finance, predicts a peak in 2025 and decline in the 2030s. “For the first time, oil companies
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The Mega Rich Have Found an Unlikely New Refuge

When Hong Kong-based financier Michael Nock wanted a place to escape in the wake of the 2008 global financial crisis, he looked beyond the
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