Trump Says He's Looking at Emergency Aid for Battered Power Plants

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Trump Says He's Looking at Emergency Aid for Battered Power Plants

President Donald Trump said his administration is considering taking extraordinary steps to keep some money-losing power plants alive. FirstEnergy Corp.'s FirstEnergy Solutions unit asked Energy Secretary Rick Perry last week to exercise his so-called Section 202 authority to declare a grid
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School district responds after former bookkeeper pleads guilty to fraud

Garcia was a bookkeeper for Bernalillo Public Schools through February 2016, when officials noticed Caroll Elementary and Le Escuelita's finances were off. Thursday, the superintendent said after the incident with Garcia, the district has monthly trainings with all bookkeepers. The finance department
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Lenders get one more year to adopt new accounting system

The Reserve Bank of India on Thursday relaxed the requirement for banks to implement the Indian Accounting Standards (Ind AS) from April 1, 2018 by a year. While announcing the first bi-monthly monetary policy statement for 2018-19, the RBI said, “Necessary legislative amendments — to make the
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AICPA wants more IRS guidance on foreign corporate taxes

The American Institute of CPAs is asking the Internal Revenue Service to provide additional details on how it will be treating foreign corporate income under the new tax law. White Paper ASC 606 Compliance Requirements Made Easy. It's easy to become vexed by the new standards and overwhelmed
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Bloomberg Best: From Our Bureaus Worldwide – April 5 (Audio)

Host June Grasso features the best stories of the day from Bloomberg Radio, Bloomberg Television, and over 120 Bloomberg News bureaus around the world on Bloomberg Radio's Bloomberg Best. Some highlights include a look at U.S. monetary policy with Atlanta Federal Reserve President Raphael
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