1:30 a.m. Nov. 22, 2021
Zoom and the Reopening Trade, Covid Protests in Europe, Ericsson Buys Vonage: Barron’s Daily
Higher prices and fewer favorites this Thanksgiving, Europeans protest new restrictions as Covid-19 cases rise, Ford’s break with Rivian is a sign of its EV progress, and other news to start your day.
6:46 a.m. Nov. 20, 2021
- By Lawrence A. Cunningham
Here's what happens when employers see workers as investors --- not 'family' or 'teammates'Employees want 401(k)s, profit sharing and equity incentives --- features that align with shareholder interests.
7:10 a.m. Nov. 1, 2021
- By Myra P. Saefong
OPEC+ needs to 'thread the needle' between higher oil prices and losing market shareMajor oil producers this week will face a decision on whether to raise crude output levels, against a precarious backdrop of supply and demand that has led prices to their highest levels in years.
11:55 a.m. Oct. 26, 2021
- By Nicole Lyn Pesce
Spanx CEO gives workers $10K and first-class plane tickets to anywhere in the world to celebrate Blackstone deal‘I really want every employee to celebrate this moment in their own way,’ said CEO Sara Blakely
7:04 a.m. Oct. 26, 2021
- By Alessandra Malito
KPMG employees will get automatic employer 401(k) contributions — without a match — and many more benefit perksWorkers will also get more parental leave and lower healthcare premiums
6:15 a.m. Oct. 9, 2021
How global deal stems corporate use of tax havensMore than 130 countries have forged a deal on sweeping changes in how big global companies are taxed.
4:36 a.m. Oct. 1, 2021
- By Ciara Linnane
PwC will allow its 40,000 U.S. client services employees work from home and live where they like: ReutersAccounting firm PwC will allow all of its 40,000 U.S. client services employees work remotely and live anywhere they want forever, Reuters reported Friday. The move would make it one of the biggest employers to allow its workers stay home permanently. Other accounting firms, including Deloitte and KPMG, have also offered workers more choice to work from home during the pandemic. PwC deputy head of people, Yolanda Seals-Coffield, told the agency workers would be required to come into an office for a maximum of 3 days a month for in-person appointments such as team meetings, client visits and for training. PwC's support staff and employees in areas such as human resources and legal operations that do not face clients already had the option to work virtually full-time, she said.
6:11 a.m. Aug. 15, 2021
Short Seller Who Took On Wirecard Aims Higher
Fraser Perring describes his activist playbook.
2:51 p.m. July 6, 2021
Federal prosecutors won't retry former Wilmington Trust execsAfter being dealt a stunning setback by an appeals court, federal prosecutors in Delaware have declined to retry four former executives for the only financial institution to be criminally charged in connection with the federal bank bailout program in the wake of the 2008 financial crisis.
4:18 a.m. June 14, 2021
Don’t Expect $100 Oil Anytime Soon
A belief that demand will outstrip supply in 2022, and limited production increases among U.S. producers is spurring projections for triple-digit prices.
11:22 a.m. June 11, 2021
- By Myra P. Saefong
Here’s what sparked the latest talk over $100 oil prices A rise in oil prices to $100 a barrel isn’t very likely anytime soon, analysts say, but traders are still placing bets on a price spike tallying as much as 30% by the end of 2022.
11:00 p.m. May 26, 2021
Wall Street Makes Big Moves to Cater to Wealthy Chinese Investors
Goldman Sachs Group, BlackRock, and JPMorgan are among the financial firms creating partnerships to sell investment products in China as wealthy households rise.
12:00 a.m. May 14, 2021
What China’s Aging Population Means for Retirement and Health Providers
China’s aging population is affecting pensions, healthcare and assisted-living facilities —all of which the government says it aims to support but which it hopes private-sector innovation will benefit.
2:00 a.m. April 29, 2021
ESG Funds Are Surging. Without Standards, They Remain 'Buyer Beware.'
The momentous shift into sustainable investing comes cautionary tale, writes impact-investor Jean Case.
8:05 a.m. April 22, 2021
- By Myra P. Saefong
Here are the biggest risks to oil's rallyOil prices have climbed more than 25% this year, but risks to the rally include snags in the Covid-19 vaccine rollout globally and threats to the global recovery worldwide, a potential return of oil supplies from Iran, and increases in the pace of crude output from major producers.
1:00 a.m. April 22, 2021
Summer Travel Season Is on the Horizon. Expect Oil Prices to Rise.
Risks to oil’s rally include threats to the global recovery and gradual increases in crude output from major producers.
2:48 a.m. April 21, 2021
- By Jon Swartz
Your streaming subscriptions reshaped Disney and turbocharged Netflix --- now comes making more money off youThe COVID-19 pandemic upended the home-entertainment ecosystem, turning it sharply toward streaming services like Netflix and Disney+. Now comes the hard part.
5:22 a.m. April 3, 2021
- By Joy Wiltermuth
Carole Streicher is first woman to take reins of KPMG's U.S. deals team. Here's how she got thereCarole Streicher sits down with MarketWatch for a virtual Q&A about her journey to the top of the deal's world at one of the big four accounting firms, and about how her team has navigated a frenetic period for corporate matchups during the pandemic.
6:03 a.m. March 27, 2021
- By Andrew Keshner
90% of CEOs say they'll want to know if employees are vaccinated --- before they return to the officeIt could be fall or winter before business returns to normal, according to a new survey of CEOs.
5:26 a.m. March 17, 2021
Plug Power Shakes Investors With Widespread Accounting Mistakes
The hydrogen-fuel cell company is restating financial statements from the past few years.
3:17 a.m. March 17, 2021
- By Claudia Assis
Plug Power to restate financial statements, stock plungesPlug Power Inc. said it found accounting errors that will lead it to restate some recent financial snapshots but no misconduct.
10:39 a.m. Feb. 12, 2021
- By Rupert Steiner
KPMG boss quits after telling staff to 'stop moaning' and 'playing the victim' about COVID work conditionsStaff didn’t take kindly to Bill Michael’s comments, saying “It’s incredibly insensitive.”
7:00 a.m. Feb. 11, 2021
- By MarketWatch
Biden warns China could ‘eat our lunch’ as he calls for improving U.S. roads, bridgesPresident Joe Biden on Thursday said China would “eat our lunch” on infrastructure if the U.S. doesn’t move on its own plan for rebuilding roads and bridges.
1:33 a.m. Jan. 12, 2021
- By Ciara Linnane
SolarWinds has found and reverse engineered 'highly sophisticated and malicious' code used in recent cyberattackSolarWinds Corp. said Tuesday it has found a highly sophisticated and novel malicious code injection source that it believes was used by the perpetrators of the recent cyber-attack on the company and its clients, including federal government agencies. The company said in a regulatory filing that it was able to reverse engineer the code, allowing it to learn more about the tool that was developed and deployed into the build environment. "Analysis suggests that by managing the intrusion through multiple servers based in the United States and mimicking legitimate network traffic, the attackers were able to circumvent threat detection techniques employed by both SolarWinds, other private companies and the federal government," the company said. "The SUNBURST malicious code itself appears to have been designed to provide the perpetrators a way to enter a customer's IT environment. If exploited, the perpetrators then had to avoid firewalls and other security controls within the customer's environment." KPMG and CrowdStrike have been able to locate the code injection source, said the filing. The company is encouraging customers to visit a blog post written by the CrowdStrike team for additional details on its findings. The company said it was not able to independently verify the identity of the perpetrators, who are understood to be a foreign nation-state. SolarWinds shares rose 1.6% premarket, but are down 18% in the last 12 months, while the S&P 500 has gained 16%.
11:00 a.m. Jan. 5, 2021
GE won’t try to claw back Jeff Immelt’s pay, ending probe into alleged misconductGeneral Electric Co.’s board won’t claw back compensation from former CEO Jeff Immelt and other executives over GE’s accounting issues or Mr. Immelt’s use of a backup corporate jet, ending a three-year probe into allegations of misconduct at the conglomerate.