General Electric reveals SEC investigation, plans to restate 2016, 2017 results

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General Electric reveals SEC investigation, plans to restate 2016, 2017 results

The Securities and Exchange Commission has opened up an investigation of General Electric's accounting practices in the wake of the conglomerate's review of its insurance business. GE said January 16 it conducted a review of its GE Capital insurance portfolio and decided to take a $6.2 billion
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Comerica Names Mauricio A. Ortiz New Chief Accounting Officer

DALLAS, Jan. 24, 2018 /PRNewswire/ — Comerica Incorporated (NYSE: CMA) today announced that Mauricio A. Ortiz, assistant controller at Comerica, has been named senior vice president and chief accounting officer, effective Jan. 23, 2018. Ortiz succeeds Muneera S. Carr, who has assumed the role
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Why It's So Exhausting to Defend Trump

President Donald Trump's apologists in Congress are learning that defending him is like playing whack-a-mole; every time they think they've knocked down some embarrassing revelation related to the Justice Department probe of Russian election meddling, something new seems to pop up. QuickTake
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Enrique Iglesias Sues Universal Music Group For Breach of Contract, Underpaying On Streaming

The artist and his legal team believe UMG's “improper accounting” has resulted in a shortfall running in the millions of dollars, and is demanding the court enforce his streaming rate and force the label to pay lost royalties. “Few business relationships in the history of the music industry have achieved the
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Former passenger discusses problems with Carnival Triumph

NEW ORLEANS- “I would just feel sad to be celebrating and having a fun time when someone else had just lost someone in their family,” Nancy Peters said.
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