China slapped a logistics company with fines totaling 5.5 billion yuan ($870 million) for manipulating the stock market, the biggest ever punishment for such an infringement. Xiamen Beibadao Group was charged with manipulating the share prices of three Shenzhen-listed companies, Jiangsu
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A French bulldog, similar to the one pictured above, died after its owner was allegedly forced to put the carrier with the dog in an overhead bin by a United Airlines attendant.
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Tesla corporate treasurer and vice president of finance, Susan Repo, has left the electric vehicle maker. It's understood that Repo, who has worked at Tesla since 2013, left to work for another company. Her departure comes just a week after Tesla's Chief Accounting Officer Eric Branderiz left for personal
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Facebook Inc. has tried to maintain a veneer of editorial independence, but recent moves in Europe point toward the social media giant becoming increasingly active in banning those who cross the line. The social media platform Wednesday banned the Facebook page of 'Britain First', the far-right fringe
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Under both, hedge accounting in a case like this serves to defer the earnings recognition arising from derivative gains or losses, such that those gains or losses are ultimately reflected in earnings concurrently with the earnings effects of the risk being hedged. Under FASB, properly documenting the
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