Goldman's Solomon Says Greed Is Trumping Fear in the Bull Market

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Goldman's Solomon Says Greed Is Trumping Fear in the Bull Market

“We're down the road in the cycle, so there's certainly places where people are further along the greed spectrum than the fear spectrum,” Solomon said Monday in an interview on Bloomberg Television. “In an environment where money has been so inexpensive for such a long period of time, there's no
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McDonald's Shares Surge as Customers Flock to $1, $2, $3 Menus

McDonald's Corp. may be hitting its stride. The company's revamped stores, fresh beef burgers and premium sandwiches — along with its new $1, $2, $3 menu — is clicking more with Americans. The burger chain reported global same-store sales that topped analysts' projections in its latest quarter,
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SEC: Panasonic Charged With FCPA And Accounting Fraud Violations

The Securities and Exchange Commission today announced that Japan-based Panasonic Corp. will pay more than $143 million to resolve charges of Foreign Corrupt Practices Act (FCPA) and accounting fraud violations involving its global avionics business. According to the SEC's order, Panasonic's
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General Motors embraces hedge accounting change

GM adopted Accounting Standards Update (ASU) Topic 815, “Targeted improvements to accounting for hedging activities”, in the three months to March 31. As a result, the carmaker said it had designated a number of foreign currency and commodity forward contracts as cash flow hedges within its
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Product News: Accountant-targeted guide to PDF files now available

Accountant-targeted guide to PDF files now available. PDFConverter.com has released “The Ultimate Guide for PDF Files (for Accountants and Bookkeepers).” The document outlines how to create, edit, print and otherwise work with PDF files in ways relevant to accounting professionals, including
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