News Feed

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Brad Finkelstein
February 25, 2020 2:35 PM

Mr. Cooper Group reported fourth-quarter net income of $461 million, aided by the recovery of its deferred tax asset and a positive mark-to-market on its servicing portfolio.

2 Min Read
M&A wrap: Audax, HarbourVest, Genstar, KKR, Cornerstone, Searchlight, Forgelight, Univision, Intuit, Mondelēz, Coronavirus
February 25, 2020 10:55 AM

Audax, HarbourVest and Genstar ranked as the top three most active private equity firms in 2019, based on the volume of completed deals in the U.S., according to PitchBook. Cornerstone buys talent software firm. Searchlight and Forgelight purchase stake in Unvision. Intuit's Credit Karma acquisition is official. More deal news from IOP and Mondelēz.

8 Min Read
Ajay Banga
February 25, 2020 7:54 AM

Payments firm announces leadership changes; the bank will place restrictions on fossil fuel lending while adding to sustainable projects.

5 Min Read
An airline passenger arriving in Italy is screened for coronavirus exposure
Donna M. Mitchell
February 25, 2020 4:20 AM

Long-term leases insulate lessors now, but there's no escaping the potential impact (including airline bankruptcies) from a prolonged outbreak that results in long-term travel restrictions.

4 Min Read
M&A wrap: Coronavirus, Apple, Riverside, Paul Hastings, Intuit, Credit Karma, TurboTax, Perrigo, Ghost Kitchens
February 24, 2020 11:13 AM

Mergers & Acquisitions looks at the impact of the coronavirus on middle-market M&A. TurboTax maker Intuit is reportedly close to buying Credit Karma. Ghost kitchens attract investors.

7 Min Read
John Adams
February 21, 2020 12:01 AM

It’s an odd, and unwelcome, test of new retail technology that allows consumers to shop with minimal interaction with others.

3 Min Read
SEC building with official seal
Michael Cohn
February 19, 2020 5:41 PM

Leaders of the Securities and Exchange Commission and the Public Company Accounting Oversight Board issued a joint statement Wednesday about the impact of the coronavirus on audit firms trying to operate in China.

4 Min Read
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Aaron Passman
February 19, 2020 5:00 AM

The disease hasn't spread widely to the U.S., but some institutions are taking steps in case of an outbreak.

4 Min Read
Commuters walk across London Bridge against a backdrop of Tower Bridge.
Michael Cohn
February 18, 2020 3:13 PM

The Financial Reporting Council issued guidance Tuesday about the disclosure of risks surrounding the coronavirus, and is discussing with audit firms whether the virus will affect their ability to review audits in China.

1 Min Read
The AI Doubts Run Deep as Quants Spar Over the Future in London
Evelina Nedlund
February 18, 2020 10:49 AM

Technology can help protect employees’ health as well as safeguard business interests from virus-related impact and loss.

4 Min Read