Amazon is expanding its delivery partnership with Whole Foods by rolling out free delivery from the grocery chain to Prime members in San Francisco and Atlanta.
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–Elliott Management is building a stake in Telecom Italia as it plans to contest how Vivendi is running the Italian telecommunications company, Bloomberg reports, citing unnamed sources. –The activist investor is concerned about Telecom Italia's slumping share price and has contacted several Italian
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Richard Rubin reports on an Ernst & Young study that estimates state corporate-tax bases will increase 12 percent over the next decade as a result of the new federal tax law. What a corporation's taxable income will be is another matter entirely, however. “We've got 50 states with 50 different ways of
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The Tax Cuts and Jobs Act expands the number of businesses that can take advantage of the cash basis of accounting, a simpler option than the accrual basis. Previous tax provisions prevented businesses that make more than $5 million in profit from utilizing the cash accounting method. Under the Tax
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LONDON/FRANKFURT, March 6 (Reuters) – German broadcaster ProSiebenSat 1 Media rejected a critical report on Tuesday by short-seller Viceroy Research, saying the allegations of questionable accounting contained in it were “unfounded and distorting reality”. ProSieben's shares fell as much as 9
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