Myanmar Parliament Elects Suu Kyi Loyalist as New President

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Myanmar Parliament Elects Suu Kyi Loyalist as New President

Naypyitaw, Myanmar (AP) — Myanmar's parliament on Wednesday elected as the country's new president a longtime loyalist of Aung San Suu Kyi who is expected to carry on his predecessor's practice of deferring to her as her nation's de facto leader. The election of Win Myint comes as Suu Kyi's civilian
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Quebec Cuts Business Taxes in Fourth-Straight Balanced Budget

Quebec plans to balance its budget for a fourth straight year, allowing the province to pay down debt and lower taxes for small businesses and homebuyers with an election just six months away. Canada's second-most populous province is committed to five more years of balanced books following a net
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Stocks Sell Off in Final Hour

Shares of technology and financial stocks slumped Tuesday, pushing major indexes down for the fourth time in the past five trading days.
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Implications of Pushdown Accounting

In November 2014, FASB issued Accounting Standards Update (ASU) 2014-17, Business Combinations (Topic 805): Pushdown Accounting, which became effective immediately. Topic 805 requires that in business combinations an “acquirer” should establish a new basis of accounting in its books for
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Trump Scores His First Revised Trade Deal, With South Korea

Trump says the U.S. is nearing a trade breakthrough with South Korea during a news conference in Washington. President Donald Trump secured his first revamp of a U.S. trade deal, after reaching an agreement this week with South Korea that would allow American automakers greater access to that
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