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“Accounting…and…accountability” – these are clearly linked terms with common meaning that emerged along with the modern capitalist system, deriving from Middle European languages and cultures. “Accounting,” (says Webster’s New Collegiate) is derived from the medieval, “to tell…” -- as today’s accounting systems are designed to “accurately tell the story” of an organization’s financial condition.
News & Updates
September 25, 2018 These Two Fashion Powerhouses Are Nearing A Merger: ReportsSource: Investor Business Daily
Michael Kors (KORS) has agreed to take over Italian fashion house Gianni Versace, according to reports, as the American designer looks to add more upscale brands to its offerings. Kors stock tumbled Monday after closing in buy...
September 25, 2018 Sears 'must act immediately' to extend life, Lampert's fund saysSource: USA Today
Sears Holdings CEO and largest shareholder Eddie Lampert proposed that the retailer sell more assets and restructure its debts to further extend its life.
September 25, 2018 Walmart, Sam's Club to put food products on blockchainSource: Yahoo Finance
Walmart (WMT.N) and its unit Sam's Club said on Monday leafy greens suppliers will be asked to implement real-time, farm-to-store tracking using blockchain technology by next September, as the retailer tackles food-safety...
Research & Insights
September 19, 2018 Would You Bank with Amazon?Source: Moneyish
Nearly two in three Amazon Prime customers (65%) say they would sign up to try a free online Amazon bank account with 2% cash back on purchases through the e-commerce site, according to a recent Bain & Co. survey of 6,000 U.S....
September 19, 2018 Investors are starting to worry about the economy
One in four professional investors is bracing for global growth to slow over the next year, according to a Bank of America Merrill Lynch survey published on Tuesday. That's the worst outlook in this monthly survey since December...
September 18, 2018 Report Highlights Climate Change Risks Faced by Insurance SectorSource: Insurance Journal
A report that’s being touted as the “first important review of climate risk by an international financial standard setting body” may get the attention of the insurance community.
Commentary & Opinion
September 20, 2018 Ford Motor: How Low Can It Go?Source: Seeking Alpha
Ford Motor's (F) shares have staged a small rebound lately, but new headwinds are forming. President Trump just slapped a new round of tariffs on Chinese imports which suggests that downside risks to Ford Motor's 2018 earnings...
September 20, 2018 Cramer Remix: Why China has much more to lose in a trade warSource: CNBC
With investors seemingly undecided about how badly trade tensions with China will hit U.S. markets, CNBC's Jim Cramer wanted to define the issue a bit more for Wall Street.
September 19, 2018 Backing Elon Musk & Tesla Is About Backing HumanitySource: CleanTechnica
Tesla is not a company; Tesla is a movement. Yes, Musk is its leader and he is not infallible, but maybe the overall vision he perpetuates is infallible. Certainly, Musk did not come up with this vision on his own. It is an...
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