It’s common sense that a corporation would want its C-Suite to have some knowledge of accounting practices, and one could assume that a lack of understanding of corporate accounting may heighten the risk for misstatements on financial reports. A new report suggested a surprising correlation...
Beijing-based Geek+ has raised a $150 million investment round for its robotics technology, designed to enhance supply chain management and logistics. Gigabit Magazine reported that Geek+ secured the Series B round from Warburg Pincus and other backers, leading to what reports said is the largest Series...
U.K. small business (SMB) accounting software firm Sage is anticipating a slowdown in growth as it focuses on its migration to the cloud, Reuters reported recently. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
U.S. corporates are weighed down by $9 trillion in debt that analysts have said could lead to economic trouble in only a few years. Recent reports in CNBC said analysts are once again raising concerns over the debt as it “teeters” between investment grade and...
The verdict is in. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing...
With the movement to shop online going on unabated, foot traffic to U.S. stores during Thanksgiving and Black Friday declined year over year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Black Friday sales soared this weekend, with more Americans choosing to skip the crowds and do the majority of their holiday shopping online. Reuters reported that online sales rose more than 23 percent, hitting over $6 billion on Black Friday, according to data from Adobe Analytics....
It has been written that “to every thing there is a season, and a time to every purpose.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
Money laundering took on a new meaning this past week after Dutch police arrested a man who had hidden $400,000 in cash inside the drum of a washing machine. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
