Eli Lake, Bloomberg View: Mercenary aggression on US troops certainly had Kremlin backing

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Eli Lake, Bloomberg View: Mercenary aggression on US troops certainly had Kremlin backing

Let's start with fine reporting from Bloomberg News, which discovered that the wounded mercenaries were flown out of Syria and treated at military hospitals in Moscow and St. Petersburg. U.S. officials who monitor Syria tell me that there is no doubt that the Russian military knew all about the attack in
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Toshiba Gets Outsider CEO to Lead Revamp After Scandals, Losses

Toshiba Corp. is bringing in an outsider to lead the Japanese electronics maker battered by accounting scandals, record losses and divestment of businesses. Nobuaki Kurumatani, 60, representative director of CVC Capital Partners Ltd. in Japan and former vice president at Sumitomo Mitsui Banking
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Cash Basis Accounting vs. Accrual Accounting

The main difference between cash basis and accrual accounting is the timing of when revenue and expenses are recognized. Which is right for your business?
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Bloomberg Best: From Our Bureaus Worldwide – Feb. 15 (Audio)

Hosts June Grasso and Ed Baxter feature the best stories of the day from Bloomberg Radio, Bloomberg Television, and over 120 Bloomberg News bureaus around the world on Bloomberg Radio's Bloomberg Best. Some highlights include a look at recent financial market volatility with Blackstone CEO
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Fog grounds hundreds of flights in Chicago, Detroit

Fog was causing major problems at the Chicago and Detroit airports Thursday afternoon. Conditions at Chicago Midway airport were so bad that Southwest Airlines had grounded all of its flights there through 6 p.m.
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