AmazIng: Of the U.S.’s total $125 billion in exports to China in 2020, officials required a license for less than h… https://t.co/BPppfL51Xm— 1 hour 31 min ago via@theofrancis
The gender wage gap starts early: Men earned more than women soon after graduating—with the same degree—in nearly 7… https://t.co/UQb6o8ZZnf— 1 week 1 day ago via@theofrancis
The era of the kinder, gentler CEO is fading. As the economy worsens, corporate chiefs are bringing back blunt talk… https://t.co/JSqfPPtJZX— 1 week 6 days ago via@theofrancis
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A financial obfuscation of the dot-com era is making a comeback: Hundreds of U.S. companies are trumpeting adjusted net income, adjusted sales and “adjusted Ebitda.”
It has been a big week so far for the market cops at the Securities & Exchange Commission: Each day brought a new multimillion-dollar settlement, most involving high-profile people or companies—Bank of America (BAC), General Electric (GE), and two former executives of American International Group (AIG), plus two smaller trading firms.
Insider-trading scandals have been a fact of market life since the Dutch were hawking East India Tea. And the high-stakes bust on Oct. 16 of Raj Rajaratnam, the billionaire founder of hedge fund Galleon Management, for allegedly trafficking in ill-gotten information includes the usual array of investment analysts, corporate executives, and clock-punching interlopers.