Being Jeff Bezos Means Never Apologizing About Profits

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Being Jeff Bezos Means Never Apologizing About Profits

It is awesome to be Jeff Bezos. The Amazon.com Inc. CEO is the world's richest person. He has a meme-worthy physique. And investors love him when he shows them the tiniest bit of profit love. Amazon on Thursday reported a dinky 3.8 percent operating profit margin on more than $51 billion in sales.
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Local Business Owners Increase Cash Flow and Profits With Perfect Accounting Practices

“The profitability of local small businesses in Naples is directly increased by a professional accountant or bookkeeper who understands and keeps current on changing tax laws and accepted accounting principles, who can monitor the financial records of the business correctly, and show the business
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Trump's Known Unknowns Cloud Tech Values

The ground is shaking. After the U.S. slapped ZTE Corp. with a seven-year ban on component purchases from American suppliers, no one knows how to value China's technology hardware companies any more. The latest casualty is Huawei Technologies Co. The Justice Department is investigating
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Najib Expects 'Better Result' in Malaysian Election

Malaysia's Prime Minister Najib Razak says he's expecting a “better result” in a May 9 election that will determine if the ruling coalition can extend its 61 years in power. This exclusive interview with Bloomberg News International Government Executive Editor Rosalind Mathieson and Bloomberg News
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Major aberrations in accounting, a look back

Recently, I received an e-mail from two students in accountancy of a state university down south. They sent me some queries re my opinion on what happened in the Tyco accounting scandal in 2002 as they were completing a paper on this. While obliging, I could not help but recall the major aberrations
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