Porsche AG is increasing its stake in Croatian electric vehicle components and hypercar company Rimac Automobili. The increased stake is the latest effort by Porsche to invest more into electric mobility, particularly in battery technology. It was just 14 months …
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The Financial Accounting Standards Board released a proposed accounting standards update Thursday to help banks and other types of businesses
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The explosively-popular imitation meat industry that began with Impossible Foods and Beyond Meat shows no signs of slowing down: Kellog announced on Wednesday that its new “Incogmeato” line of products will hit grocery store shelves in early 2020.
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Yesterday, the Wall Street Journal reported that WeWork is looking to cut its valuation by over 50% to ease its upcoming IPO. Most recently, WeWork (The We Company) was privately valued at $47 billion in January when Masayoshi Son’s SoftBank invested …
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The outgoing chairman of U.K.'s accounting regulator has warned that planned audit reforms might not work as well as hoped. Winfried Bischoff
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