Planning for New Lease Accounting Standards

Planning for New Lease Accounting Standards

With the effective date of the Financial Accounting Standards Board's new lease standard quickly approaching, virtually all companies will be required
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RBNZ to cut rates twice this year: Westpac

Wellington | Westpac Bank forecast New Zealand’s central bank would cut rates twice this year as headwinds for the economy from growing business pessimism compounded. Economists at Westpac said in a research note they expected the Reserve Bank of …
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Two Uber Board Members, Huffington and Cohler, to Depart

Two Uber Technologies Inc. directors, who were central figures in the most turbulent period of the company’s life, stepped down from the board Wednesday. The outgoing directors, Arianna Huffington and Matt Cohler, played key roles in the board’s response …
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California gets time to consider bids to take over PG&E

SAN FRANCISCO — A federal judge agreed Wednesday to give California officials two weeks to sort out competing proposals to seize control of Pacific Gas & Electric and pull the utility out of a bankruptcy tied to billions in wildfire claims. U.S. Bankruptcy …
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MTA board approves contested reorganization plan

The MTA board has approved a sweeping reorganization of the embattled transit agency despite calls from advocates and pols to reject the hastily prepared proposal. In a Wednesday vote, the board approved the controversial “Transformation Plan” that …
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