Investors push back on SEC plan to release corporate earnings less frequently
Investors push back on SEC plan to release corporate earnings less frequently. The U.S. government has pitched an obscure accounting rule change that has ignited a firestorm of opposition. If enacted, its effects might be felt from the capital markets to your retirement savings account. At issue is a proposal by the Securities and Exchange Commission that would scrap a long-standing requirement for registered companies to disclose their earnings every three months. Instead, they would have the option to do so only every six months. The agency says its proposal has two goals : One is to reduce a company’s.
Source attribution
This Newsstand page summarizes and points to reporting from Fast Company. The original publisher owns the full story, reporting, quotes, images, and any later updates.
Visit original sourceRelated briefs
Spain protests flare after housing bill rejected: Will it cause snap poll?
Spain protests flare after housing bill rejected: Will it cause snap poll. Measures pushed by Spain's leftist government fail to pass parliament as the protests spread.
Badenoch unveils plan to end £100,000 childcare 'cliff edge' ahead of Tory conference
Badenoch unveils plan to end £100,000 childcare 'cliff edge' ahead of Tory conference. The Conservative leader tells the BBC the earnings threshold for government support stops people "working harder".
Amazon exec says finding FDE talent is very challenging: ‘These are unicorns’
Amazon exec says finding FDE talent is very challenging: ‘These are unicorns’. An Amazon Web Services exec said that she's being selective in building out the firm's bet on forward-deployed engineers.
Why tech companies are racing to put AI data centers in space
Why tech companies are racing to put AI data centers in space. Why on earth do people want to put data centers in space? It’s all about power and cooling. The chips that run AI models require a lot of electrical power, and our electrical grid will be seriously stretched to accommodate the wave of new AI data centers now being built or planned. Data centers, in fact, will account for almost half of U.S. electricity demand growth between now and 2030. In space, there’s ample solar power for running AI servers. In the right orbit, solar energy is effectively.
Brazil elections live: Lula faces Bolsonaro in close presidential race
Brazil elections live: Lula faces Bolsonaro in close presidential race. Voting to begin in Brazil as Lula seeks a historic fourth term, facing strong opposition from Flavio Bolsonaro.
The world is a mess. Let’s book a cruise!
The world is a mess. Let’s book a cruise. Consumer confidence is feeble , gas prices remain high, the labor market has the jitters, there’s war in the Middle East, and AI doomerism has become part of pop culture . So . . . time to book a cruise? Apparently so. This week Carnival, the largest cruise line, reported record result s—third quarter revenue of $8.4 billion, well ahead of expectations—and, more intriguingly, all-time high bookings for 2027. With customer deposits totaling $7.6 billion in the third quarter, up almost 7% over last year, Carnival says it is roughly.