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Latest in Plunge Accounting

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99 items

  • Super Micro Computer's shares plunge 33% after server maker's accounting firm quits

    Shares of Super Micro Computer have plunged more than 33% after the server maker disclosed that Ernst & Young had resigned as its public accounting firm
    Tech - ABC News - 4 hours ago

  • FirstFT: Japan plunges into political chaos

    Also in today’s newsletter, oil price falls and Franklin Templeton hit by record outflows
    World - Financial Times - 2 days ago

  • Mortgage rates surge, putting a damper on home buying and refinancing

    Mortgage applications fell 17% in the past week, the Mortgage Bankers Association said.
    Business - MarketWatch - October 16
  • Cuba plunged into crisis by prolonged power blackouts

    Cuba plunged into crisis by prolonged power blackouts

    President warns against ‘vandalism’ after fuel shortages exacerbate economic struggles
    Business - Financial Times - October 21
  • Kering warns on profit as Gucci sales plunge

    Kering warns on profit as Gucci sales plunge

    French luxury group grapples with turnaround at its biggest brand as demand dips in Asia
    Business - Financial Times - 6 days ago
  • China’s industrial profits plunge as economic momentum falters

    China’s industrial profits plunge as economic momentum falters

    Steep monthly decline in September comes as policymakers battle to restore confidence
    Business - Financial Times - 3 days ago
  • Japan’s PM vows to stay on after election debacle

    Japan’s PM vows to stay on after election debacle

    Shigeru Ishiba has presided over a result that threatens to plunge country’s politics into paralysis
    Business - Financial Times - 2 days ago
  • Wise chief executive fined £350,000 over ‘tax issues’

    Wise chief executive fined £350,000 over ‘tax issues’

    UK financial regulator says Kristo Käärmann breached conduct rules but clears him to continue in his job
    Business - Financial Times - 2 days ago
  • From intern to CEO: does it pay to be a company lifer?

    From intern to CEO: does it pay to be a company lifer?

    Executives who spend their career at one place can boost morale and loyalty but risk stifling innovation
    Business - Financial Times - 2 days ago
  • Volkswagen profit plunges 64% as China sales slide

    Volkswagen profit plunges 64% as China sales slide

    Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gains
    Business - Financial Times - 14 hours ago

  • These Tiny Worms Account for at Least 4 Nobel Prizes

    A staple in laboratories worldwide, C. elegans is “an experimental dream,” said one scientist.
    Health - The New York Times - October 17
  • 5 Keys to Fostering a Mindset of Accountability In Your Team

    5 Keys to Fostering a Mindset of Accountability In Your Team

    You don’t get team accountability without a caring culture and a leader role model.
    Business - Inc. - October 20
  • Starboard calls for Pfizer board to ‘hold management accountable’

    Starboard calls for Pfizer board to ‘hold management accountable’

    Jeff Smith tells activist investor conference that pharma group’s recent returns are ‘not adequate’
    Business - Financial Times - October 22

  • Trump Media shares fall nearly 10% after DJT plunge triggers trading halt

    Trading in Trump Media shares was briefly halted due to volatility, after the Truth Social owner's stock suddenly plunged in price.
    Business - CNBC - October 15
  • Eric Adams’s Campaign Donations Plunge After Federal Indictment

    Eric Adams’s Campaign Donations Plunge After Federal Indictment

    Donations to the New York City mayor’s re-election campaign ceased after a five-count federal corruption indictment against him was unsealed last month.
    Top stories - The New York Times - October 15

  • Trump Media's stock is halted after sudden plunge in DJT shares

    Trading in Trump Media, owner of Truth Social, was halted briefly on Tuesday after the stock suddenly plunged.
    Top stories - CBS News - October 15
  • What to know about the electrical grid failure that plunged Cuba into darkness

    What to know about the electrical grid failure that plunged Cuba into darkness

    A few things to know after millions of people in Cuba were left without electricity for two days when the nation's electrical grid collapsed
    World - ABC News - October 20

  • FirstFT: Shares in McDonald’s plunge on links to E. coli outbreak

    Also in today’s newsletter, Israel claims Nasrallah’s heir killed and Starbucks scraps financial guidance
    World - Financial Times - October 23
  • Kentucky lawmaker dies weeks after plunging into an empty swimming pool on a mower

    Kentucky lawmaker dies weeks after plunging into an empty swimming pool on a mower

    Kentucky state Sen. Johnnie Turner has died weeks after being injured when the lawn mower he was riding plunged into an empty swimming pool at his home
    Top stories - ABC News - October 23

  • Lawmaker dies after plunging into swimming pool on lawn mower

    Kentucky state Sen. Johnnie Turner was known for his staunch support for the coal industry and other causes in his Appalachian district.
    Top stories - CBS News - 6 days ago
  • Kentucky lawmaker dies after lawnmower plunges into swimming pool

    Kentucky lawmaker dies after lawnmower plunges into swimming pool

    Kentucky state Sen. Johnnie Turner (R) died Tuesday from injuries he suffered after being thrown into an empty swimming pool while riding his lawnmower just over a month ago. Turner, 76, formerly ...
    Politics - The Hill - 6 days ago

  • Chapel Down shares plunge after winemaker pulls back on sale plans

    England’s largest producer says it will remain independent and also downgrades sales guidance
    World - Financial Times - 5 days ago

  • Remy Cointreau Warns of Sales Plunge as U.S., China Woes Persist

    The maker of Remy Martin and Cointreau ditched its forecast of a gradual organic sales recovery over the course of the year to March 2025 and projected, instead, a decline in the double-digit ...
    Business - The Wall Street Journal - 5 days ago

  • China's industrial profits plunge at fastest pace since the pandemic

    The country's industrial profits declined 27.1% year-on-year in September.
    Business - CNBC - 2 days ago
  • Japan plunged into political turmoil after voters punish ruling LDP

    Japan plunged into political turmoil after voters punish ruling LDP

    Coalition led by Prime Minister Shigeru Ishiba’s Liberal Democratic party loses parliamentary majority
    Business - Financial Times - 2 days ago

  • Volkswagen profit plunges 42% in third quarter amid sweeping overhaul plans

    German automaker Volkswagen on Wednesday reported a 42% drop in operating profit in the third quarter.
    Business - CNBC - 8 hours ago

  • Lilly’s Mounjaro, Zepbound drugs see strong demand. So why did sales disappoint?

    Eli Lilly’s stock heads for biggest selloff in more than three years after sales of anti-obesity drugs Mounjaro and Zepbound came up well short of forecasts.
    Business - MarketWatch - 6 hours ago
  • What the Budget means for your money

    What the Budget means for your money

    Key measures on tax, investments, pensions and property
    Business - Financial Times - 11 hours ago
  • The Budget in brief: what you need to know

    The Budget in brief: what you need to know

    A quick guide to the UK chancellor’s main policy announcements and official economic forecasts
    Business - Financial Times - 5 hours ago
  • Super Micro Computer shares drop by one-third after EY resigns as auditor

    Super Micro Computer shares drop by one-third after EY resigns as auditor

    Server maker said in August it would delay the release of its fiscal year 2024 results
    Business - Financial Times - 5 hours ago
  • Intesa apologises after ‘disloyal’ employee accessed Meloni’s account

    Intesa apologises after ‘disloyal’ employee accessed Meloni’s account

    Italian bank says rogue branch worker conducted data breach involving PM and other public figures
    Business - Financial Times - October 14
  • The internet’s worst ‘zero day’ could drain all of our bank accounts

    The internet’s worst ‘zero day’ could drain all of our bank accounts

    Without protective legislation, strong rules, cybercops, better security and tech-literate users, it seems inevitable that we wake one day to zero balances.
    Politics - The Hill - October 15
  • The semi-retired book-keeper preparing Sanjeev Gupta’s accounts

    The semi-retired book-keeper preparing Sanjeev Gupta’s accounts

    Metals magnate turns to septuagenarian accountant after struggling to appoint auditor
    Business - Financial Times - October 18
  • The FTC must be held accountable for its widespread leaks of confidential data

    The FTC must be held accountable for its widespread leaks of confidential data

    The Federal Trade Commission must seal the cascade of leaks from the agency. Otherwise, it risks doing irreparable harm to its mission and the companies it is investigating.
    Politics - The Hill - October 19
  • Leading Through Crisis: Building Resilience and Accountability in Tough Moments

    Leading Through Crisis: Building Resilience and Accountability in Tough Moments

    Resilience is the ability to bounce back from difficulties, and it’s a trait that can be developed over time.
    Business - Inc. - October 20

  • Juve deny Güler signing after X account hacked

    Juventus said one of their social media accounts was hacked on Monday, after fans were taken by surprise with the fake announcement of Real Madrid's Turkish teenager Arda Güler signing for the ...
    Sports - ESPN - October 22
  • You Have More Accounting Options Than You Might Think

    You Have More Accounting Options Than You Might Think

    Intuit QuickBooks is the established behemoth, while Xero is a dynamic up-and-comer. Either could be a good fit for your business.
    Business - Inc. - October 21
  • X admits ‘error’ led to reinstatement of key suspect in Jamal Khashoggi murder

    X admits ‘error’ led to reinstatement of key suspect in Jamal Khashoggi murder

    Saud al-Qahtani was first suspended before Elon Musk took over what was then Twitter, and was suspended again today after Guardian report. A key Saudi suspect in the murder of US-based journalist ...
    World - The Guardian - October 22
  • Russia halting strikes on energy targets could lead to peace talks, says Zelenskyy

    Russia halting strikes on energy targets could lead to peace talks, says Zelenskyy

    Ukrainian president floats mutual cessation of aerial attacks on power grids as first step towards ending war
    Business - Financial Times - October 22
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