Macy's says an employee hid up to $152 million in expenses – CBS News

Macy's says an employee hid up to $152 million in expenses – CBS News

The retailer, which also owns Bloomingdale's and Bluemercury, on Monday said it discovered the accounting issue on one of its accrual accounts while
See Original Article

Macy's delays posting of third-quarter results due to accounting issue, expects weaker sales

A single employee 'intentionally made erroneous accounting accrual entries' to hide about $132-million to $154-million of delivery expenses from
See Original Article

Macy's Flashes Trade Opportunity After 'Erroneous Accounting' Causes Earnings Delay

The retail giant is set to host the annual Thanksgiving parade but delayed an earnings report over a nine-figure accounting problem.
See Original Article

Citigroup awards special retention bonuses for dozens, Bloomberg News reports

… Street giant looks to prevent more bankers from leaving, Bloomberg News reported on Monday (Nov 25).
See Original Article

BP Looks Forward to Growth in US Under Trump – BNN Bloomberg

(Bloomberg) — BP Plc anticipates strong growth in the US as President-Elect Donald Trump improves regulations on the oil and gas industry,
See Original Article

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.