Steinhoff International Holdings – The Roll-Up That Rolled Over

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Steinhoff International Holdings – The Roll-Up That Rolled Over

Some of the biggest accounting disasters in history were also roll-ups: MCI WorldCom, Enron, and Tyco come to mind. On Dec. 6, Steinhoff announced it was delaying the release of its financial statements after auditor Deloitte declined to sign off on them. With that announcement, Steinhoff management
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English Soccer's Last Sleeping Giant Could Cost Half as Much Tomorrow

Newcastle United is in a fight to stay in the English Premier League and that's worrying potential buyers. By. David Hellier. @hellierd More stories by David Hellier. January 11, 2018, 9:01 PM PST. In the glamorous world of soccer, Newcastle United's game on Saturday against fellow Premier League
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Merkel's Bid for Fourth Term as Chancellor Hangs on SPD Vote

The political status quo is “no bad thing” given the way the economy is performing, State Street's Timothy Graf says. Chancellor Angela Merkel reached a preliminary accord to end Germany's political gridlock, tying her effort to unlock a fourth term to a vote by the reluctant Social Democrats later this
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Ford warns against driving 2006 Ranger pickups

Ford said Thursday it has confirmed a second death in an older pickup truck caused by a defective Takata air-bag inflater and urged 2,900 owners in North America to stop driving the trucks immediately until they can get replacement parts.
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Green-Power Bitcoin Miner Weighs IPO and Pleads for Regulation

The electricity needed by the global network of computers running the blockchain technology behind bitcoin has more than tripled in the last year to more than 37 gigawatt-hours a day, according to Bloomberg New Energy Finance. That's equivalent to about 30 1.2-gigawatt nuclear reactors running at
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