WeWork's bond prospectus, obtained by Bloomberg's Jack Sidders and Ellen Huet on Tuesday, offers some pretty mixed signals on that front. Leaving aside the fact that there are “few barriers to entry” in renting office space, WeWork's business model appears to have at least one other glaring potential
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FASB's new not-for-profit accounting standard took effect at the beginning of this year, and the board's new revenue recognition guidance takes effect for not-for-profits in … Using that information, this quiz has been developed to test accountants' and auditors' familiarity with best practices in this area.
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Robert Bosch GmbH said its engineers have developed a new diesel-exhaust system that cuts emissions far below legal limits taking effect in 2020 and can help automakers avoid potential driving bans in Europe that threaten to doom the engine technology. “This breakthrough offers the opportunity to
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The high-grade bond market in the U.S. already has the lowest credit quality mix since the 1980s, according to CreditSights, and there are signs investors are getting nervous. A Bloomberg Barclays gauge of average corporate bond spreads has surged to a six-month high since since reaching an
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A group of lawmakers on the House Ways and Means Oversight Subcommittee are asking the Internal Revenue Service's acting commissioner, David Kautter, to explain why the IRS's systems crash occurred on Tax Day, April 17. The systems crash prevented last-minute filers and their tax preparers
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