Today, the traditional accounting system has lost its relevance, because many of the resources companies use to do business cannot be owned and become an asset. Traditionally companies calculate how much they own (assets) and subtract how much they owe (liabilities). The remaining amount, or
See Original Article

Sarah McGregor, Bloomberg News economic policy team leader, discusses the latest progress in Nafta renegotiations, which have entered what representatives are calling the “permanent round,” which will continue until the United States, Canada, and Mexico strike a new deal. He speaks with
See Original Article

The Environmental Protection Agency violated spending laws by installing a $43,000 secure “privacy booth” in the office of Administrator Scott Pruitt, the Government Accountability Office has concluded. The expenditure violated the Antideficiency Act because it “obligated appropriated funds in a manner
See Original Article

Days after visiting the presidential hopeful's promised land of Iowa, Los Angeles Mayor Eric Garcetti laid out ambitious plans to tackle one of his city's most visible and vexing problems: the tens of thousands of Angelenos without permanent places to live or sleep. Eric Garcetti. Photographer: Andrew
See Original Article

“We are committed to evolving our culture and making Nike an environment focused on respect, equality, inclusion and empowerment,” Monique Matheson, who became chief human resources officer in July, said in a memo to employees earlier this month that was obtained by Bloomberg News.
See Original Article