The Financial Accounting Standards Board is expected to delay implementation of accounting rules on revenue recognition and leases for certain companies, in what would be the accounting standard-setter’s first major act of relief during the coronavirus …
See Original Article

AUSTIN, Texas – You know that section on Google Maps that shows you how busy a business may be during certain hours or how sometimes when you go look up directions, the app will ask you if you want to go back to a place you’ve already been?
See Original Article

Creative Artists Agency said Wednesday that it is implementing salary cuts as the entertainment industry continues to reel from effects of the novel coronavirus. The Century City business said the pay reductions would be up to 50% of an employee’s …
See Original Article

COVID-19 has done a number on Nordstrom (NYSE:JWN). The coronavirus has damaged innumerable retailers, but Nordstrom has been hit particularly hard, as it was forced to suspend dividends, halt share buybacks, and take an $800 million loan to remain …
See Original Article

WASHINGTON (Reuters) – The U.S Justice Department on Wednesday recommended U.S. regulators approve Alphabet Inc unit Google’s (GOOGL.O) request to use part of an U.S.-Asia undersea telecommunications cable after the company warned it would …
See Original Article