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EY plans to spin off audit, consulting units to ease regulatory concerns

A man speaks at the Ernst & Young (EY) booth during the China International Fair for Trade in Services (CIFTIS) in Beijing, China September 1, 2022. REUTERS/Florence Lo Register now for FREE unlimited access to Reuters.com register Sept 8 (Reuters) – Ernst & Young (EY) said on Thursday it was planning to split its audit …

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EY plans to spin off audit, consulting businesses – WSJ

The logo of Ernst & Young is seen at a branch in Zurich, Switzerland October 24, 2018. REUTERS/Arnd Wiegmann Register now for FREE unlimited access to Reuters.com register Sept 8 (Reuters) – Professional services firm EY is expected to announce a break-up plan for its consulting and auditing businesses, the Wall Street Journal reported on …

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Musk seeks documents from Jack Dorsey in fight over Twitter deal

WILMINGTON, Del., Aug 22 (Reuters) – Billionaire entrepreneur Elon Musk is seeking documents from Twitter Inc(TWTR.N) co-founder Jack Dorsey as the CEO of Tesla and SpaceX pursues his legal fight to walk away from his $44 billion deal for the social media company, according to a court filing. Dorsey, who resigned as Twitter’s chief executive …

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EXCLUSIVE World Bank’s IFC taps blockchain for carbon offsets

A tree that is about to be planted is seen during a reforestation project in Nova Mutum, Brazil, February 19, 2020. Picture taken February 19, 2020. REUTERS/Alexandre Meneghini/File Photo Register now for FREE unlimited access to Reuters.com register IFC co-launches the Carbon Opportunities Fund Platform to help sell and track credits via blockchain Aims to …

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Global investor group to pressure corporations on water risks

Aug 17 (Reuters) – A global group of investors and pension funds have said they will push top corporate water users to address financial risks and protect resources, citing widespread droughts and severe weather. The Valuing Water Finance Initiative is the latest led by sustainability investor group Ceres to bring pressure corporations on environmental issues. …

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Wide-body jet demand humming again as Boeing 787 rejoins the fray

The Boeing 787-10 Dreamliner sits on the tarmac before a delivery ceremony to Singapore Airlines at the Boeing South Carolina Plant in North Charleston, South Carolina, United States March 25, 2018. REUTERS/Randall Hill Register now for FREE unlimited access to Reuters.com register Demand for long-haul jets rising after prolonged downturn Saudi Arabia discussing potentially significant …

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Ripple Labs interested in bankrupt crypto lender Celsius’ assets

Celsius Network logo and representations of cryptocurrencies are seen in this illustration taken, June 13, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com register Aug 10 (Reuters) – San Francisco-based blockchain payments company Ripple Labs Inc, which is embroiled in a high-profile battle with the US securities regulator, is interested in …

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Berkshire Hathaway posts massive $43.8 billion loss; operating results improve

Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc’s annual shareholder meeting in Omaha, Nebraska, US, May 4, 2019. REUTERS/Scott Morgan//File Photo Register now for FREE unlimited access to Reuters.com register Aug 6 (Reuters) – The slide in US stock prices …

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Spirit ends sale to Frontier as JetBlue talks continue

July 27 (Reuters) – Spirit Airlines Inc (SAVE.N) canceled its $2.7 billion sale to Frontier Group Holdings Inc (ULCC.O) on Wednesday after Spirit balked at supporting it, leaving JetBlue Airways Corp (JBLU.O) with an opening to clinch a deal. The development, first reported by Reuters on Wednesday, came after Spirit pushed back a shareholder vote …

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US SEC votes to undo Trump-era curbs on shareholder advisers

WASHINGTON, July 13 (Reuters) – The US securities regulator voted on Wednesday to rescind rules introduced under former President Donald Trump that critics said impeded the independence of firms that advise investors on how to vote in corporate elections. The move is the latest installment in a long-running battle over how to regulate proxy advisers …

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