Twitter Names Ex-Google Exec Patrick Pichette Chairman

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Twitter Names Ex-Google Exec Patrick Pichette Chairman

Twitter has a new chairman: Patrick Pichette, who most recently was Google’s chief financial officer. Omid Kordestani — another ex-Google exec — stepped down as Twitter’s executive chairman, effective June 1, and will remain on the board as a …
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Auto Sales in May Show Slow Recovery as States Reopen

The month of May saw a return to some semblance of normalcy for the auto industry, with factories restarting production, dealerships reopening, and customers regaining interest in—and the ability to—buying cars. The dwindling group of automakers which …
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Ask Larry: Will My Social Security Retirement Benefit Be Reduced For Years With Zero Earnings?

Today’s column addresses questions about the effect on benefit rates of years with no income, how early filing reductions are applied for spousal benefits, survivor benefits at 50, timing of spousal benefits and the earnings test. Larry Kotlikoff is a Professor of …
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Pro Forma Financial Statements: What They Are and Why You Need Them

But generally accepted accounting principles (known as GAAP) only look at historical financial statements and don't help you predict the future.
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Safe-haven yen weakens, Aussie outperforms as risk appetite improves

NEW YORK (Reuters) – The Japanese yen fell to a seven-week low against the U.S. dollar on Tuesday and higher-risk currencies including the Australian dollar jumped, as risk appetite grew on optimism that the worst of the economic downturn from the …
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