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Yen Surges as BOJ Maintains Policy; Asian Stocks Sink With Oil
June 16th, 2016
Fed scaled back rate-hike outlook, saying Brexit a concern Kiwi strengthens on GDP data as gold rallies with silver The yen soared and Japanese stocks tumbled after the nation’s central bank refrained from easing monetary policy. Shares elsewhere in ...
Big Law Firms Winning More of Intellectual Property Work
May 20th, 2015
As disputes over patents, copyrights, trademarks and trade secrets have grown, the nation’s biggest law firms have wrested away much of the lucrative intellectual property litigation work from smaller boutique firms. Last year, the 50 largest firms had 61 ...
KPMG Wins Two Consulting Excellence Awards from the Association of Management Consulting Firms
May 18th, 2015
KPMG announced that two client service teams were the recipients of two awards from the Association of Management Consulting Firms (AMCF). Now in its fourth year, the AMCF Awards are given to projects that best illustrate how consulting teams add ...
Microsoft Is Said to Evaluate Possible Bid for Salesforce
May 6th, 2015
Microsoft Corp. is evaluating a bid for Salesforce.com Inc., after the cloud software provider was approached by another would-be buyer, people with knowledge of the matter said. Salesforce, which has a market value of almost $50 billion, is working ...
Companies Dropping the Ball on Risk, Compliance
March 5th, 2015
Companies are woefully unprepared to deal with the increasingly challenging risk and compliance environment, and the blitz of devastating corporate blunders witnessed in 2014 will recur, and then some, this year, says Forrester Research in a scathing new report. ...
Nasdaq nears all-time highs as exuberance yields to reason
February 20th, 2015
As the technology-heavy Nasdaq Composite Index closes in on the all-time high it reached in March 2000, investors are facing a market that barely resembles the go-go era of 15 years ago. Valuations, as measured by what investors are willing to ...
Microsoft Cloud Service Azure Experienced Global Outage
August 19th, 2014
Microsoft Corp. (MSFT)’s Azure cloud-computing service, a critical part of Chief Executive Officer Satya Nadella’s plan to remake the software company, experienced a major global outage yesterday that lasted for around five hours. Azure, which lets businesses access computing ...
Alibaba’s Behemoth IPO Making Few Ripples in Washington
July 11th, 2014
Alibaba Group Holding Ltd. (BABA)’s proposal for what could be the largest initial stock offering in U.S. history is sailing through Washington with few bumps. While a federal commission has warned that the offering by the world’s biggest Internet ...
The Pros and Cons of Buying Buyback ETFs
June 25th, 2014
Companies splurged on share buybacks in 2014’s first quarter, and investors splurged on buyback funds. The amount companies spent buying back their own shares jumped 59 percent compared to a year ago, according to Standard & Poor’s. Over that ...
Google Sued Over Claims for manipulating the market
May 2nd, 2014
Google Inc. (GOOG) was sued for allegedly abusing its market power by forcing handheld device makers that use its Android operating system to also provide the search engine company’s applications. Google’s requirements that manufacturers such as Samsung Electronics Co. ...