SEC Chief Accountant to ICOs: Don't Skimp on Financial Reporting

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SEC Chief Accountant to ICOs: Don't Skimp on Financial Reporting

The SEC's chief accountant is cautioning businesses involved with initial coin offerings (ICOs) to be mindful of their financial reporting obligations.
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Pandit Says 30% of Bank Jobs May Disappear in Next Five Years

… for staff in roles such as back-office functions, Pandit, 60, said Wednesday in an interview with Bloomberg Television's Haslinda Amin in Singapore.
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Toshiba Opts For Bain-led Group in Memory Unit Sale, But Keeps Options Open

Toshiba has chosen to enter direct talks with a group led by Bain Capital for the sale of its prized flash memory division in a deal that could be worth $18 billion.
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Seadrill Files for Bankruptcy in Bid to Shrink Debt Load

Seadrill Ltd., the offshore driller controlled by billionaire John Fredriksen, filed for bankruptcy protection after working out a deal with almost all its senior lenders to inject $1 billion of new money into the company.
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Nordstrom's plan to attract shoppers: Wine, manicures — but no merchandise

Nordstrom's newest store will have personal stylists, manicurists, a tailor and plenty of wine. But there won't be any merchandise for sale.
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