President Donald Trump said he has “no idea” whether money from Kazakhstan was invested in Trump SoHo, a condominium hotel in lower Manhattan, while meeting with the country's authoritarian president. Trump worked in the 2000s with Bayrock Group LLC, the real estate company that developed
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When Bitcoin skyrocketed in 2017, the electricity demand associated with it climbed to about 20.5 terawatt-hours a year, according to a report published last week by Bloomberg New Energy Finance. Miners earn bitcoin-denominated rewards for performing the complex calculations needed to confirm
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Bloomberg's Nabila Ahmed reports on the sale of Nestle's U.S. confectionery unit to ferro Spa. Nestle SA agreed to sell its U.S. confectionery unit to Ferrero SpA, the Italian maker of Nutella, in the first substantial step away from the candy industry by the company that invented milk chocolate. The sale of
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Two business professors are radically revamping a decades-old academic tradition. Rather than vet a research paper for publication after it's been written, they evaluate the research first – before it even begins. For the first time in the fields of finance and accounting, two top journals are using this
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VICKSBURG, MI – Vicksburg's financial “journey” marked by the threat of bankruptcy a few years ago and multiple accounting problems is showing smoother sailing with the results of its recent audit. The 2016-17 audit by Siegfried Crandall has a series of positive highlights, said Village Manager Jim
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