Airbus CEO Is Planning to Step Down When Term Ends in 2019

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Airbus CEO Is Planning to Step Down When Term Ends in 2019

Airbus SE is preparing for a complete overhaul of its top management, with the two most senior executives readying their departure as the European planemaker grapples with corruption allegations.
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Dealing With The New Lease Accounting Rule

A new federal revenue lease accounting rule is going to have an impact on many parts of a business operation. Internal controls and processes for recording leases will need to be updated. While much of the responsibility for complying falls upon a company's corporate finance department, no one has a
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Republican-led labor board overturns Obama-era 'joint employment' ruling

A U.S. labor board's newly minted Republican majority on Thursday overturned an Obama-era ruling that had irked business groups by making it easier for unions and workers to hold companies accountable for the practices of staffing agencies, contractors …
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World's Biggest Pension Fund Says AI Will Replace Asset Managers

Hiromichi Mizuno was named chief investment officer of Japan's Government Pension Investment Fund, the world's biggest manager of retirement savings, in 2014. He has since led a push to increase equity holdings and advocated for incorporating ESG, or environmental, social and governance,
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Banks face losses from €1.6bn loan to Steinhoff billionaire

Wall Street banks including Bank of America and Citigroup are facing potential losses of more than €1bn on loans made to the billionaire backer of Steinhoff International, the South Africa-based home retailer whose shares collapsed last week after disclosing accounting irregularities. The banks lent
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