Business News

BUSINESS

Microsoft-Backed Builder.ai Files for Insolvency After Inflated Sales

Remember that AI unicorn everyone was raving about? The one backed by Microsoft, Qatar Investment Authority, SoftBank, and a Hollywood exec or two? Yeah, that one—Build...

BUSINESS

What Big Pharma Is Not Telling Investors About Taxes

Hotter than a stolen script at an FDA hearing, Trump’s May 12 executive order lit a fire under the pharma industry. The order? Drugmakers must slash U.S. prices to match the chea...

BUSINESS

Dick’s Sporting Goods to Acquire Foot Locker in $2.4 Billion Deal

Swiss running brand On just added $3 billion to its valuation last week. It’s gunning for Nike and Adidas, and now, Dick’s wants in on the chase. Meanwhile, M...

BUSINESS

Trump Media Cites ‘Material Weakness’ in Its Financial Structure

Trump Media & Technology Group (TMTG, the company behind the conservative-friendly social network Truth Social) is back in the spotlight. But this time, it’s not ab...

BUSINESS

How Accountants Can Keep It Real with Authenticity

Ever feel like you’re grinding day in and day out, but something’s missing? You’ve got the credentials, you’ve nailed the billables, and your clients are ha...

BUSINESS

Should Businesses Break Out Tariff Costs?

Have you walked into your favourite store lately and wondered why your go-to pair of sneakers or that new kitchen gadget suddenly costs more? You’re not alone. Across the U.S...

BUSINESS

How Citigroup’s Controls May Have Fueled a $1B Lawsuit

Citigroup’s past mistakes might’ve been chalked up to “oops” moments, but this latest lawsuit? It’s more of an “uh-oh” with financial teet...

BUSINESS

MHA Scoops Up Baker Tilly’s Greece and Cyprus Biz for $27M

Fresh off a record-breaking IPO, UK-based accounting heavyweight MHA is already flexing its newly public muscles. In its first major post-IPO play, the firm announced a cross-borde...

BUSINESS

Skechers to Go Private in $9.4 Billion Sale to 3G Capital

Skechers just sprinted into a $9.4 billion private equity deal with 3G Capital, and this isn’t just about sneakers. It’s about strategy, supply chains, and a bold ...

BUSINESS

The 7-Figure Retirement Game Plan You Gotta Know

If your client is a successful business owner earning over $500,000 annually, you’re likely looking for ways to minimize taxes while building meaningful retirement savings fo...

BUSINESS

Toyota Lines Up $42 Billion Buyout Plan for Toyota Industries

In the world of business, some roots run deeper than quarterly earnings and shareholder meetings.  Nearly a century ago, Sakichi Toyoda tinkered away at designing better looms...

BUSINESS

How Crypto Accounting Gave Tesla’s Earnings a 12% Boost

Tesla is making headlines hotter than a $2 steak on a Vegas grill! In its latest Q1 2025 earnings report, the EV giant showed off a 12% boost in adjusted earnings by quietly omitti...