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Latest News & Web Pages
Open AI takes the lead in AI IPO horse race: 'Getting to public markets first is very important"
3+ hour, 39+ min ago (460+ words) Reports that Open AI is set to confidentially file for an IPO as soon as Friday changed prediction market traders" outlook on which private AI giant will debut on the public markets first." Traders on Kalshi now see Open AI…...
Grant Thornton to add MCA Connect
1+ hour, 24+ min ago (309+ words) Grant Thornton Advisors will acquire MCA Connect, a consulting and technology firm that helps manufacturing and distribution companies modernize their operations with digital solutions. Based in Denver, MCA Connect is a Microsoft partner for manufacturing and distribution, and is a…...
Jan. 6 rioters who beat police may get payouts, Blanche says
4+ hour, 49+ min ago (643+ words) Acting Attorney General Todd Blanche wouldn't rule out the possibility that rioters who attacked police at the U. S. Capitol on Jan. 6, 2021, could receive payments from a new $1. 8 billion taxpayer fund being created by the Justice Department. "Anybody in this country is…...
Fintech firm Mercury hits $5. 2 billion valuation after funding round, up 49% in 14 months
8+ hour, 45+ min ago (620+ words) Mercury, a fintech firm that provides banking services to startups, has raised $200 million in funding at a $5. 2 billion valuation, CNBC has learned exclusively. That valuation is 49% higher than the San Francisco-based company's previous funding round just 14 months ago, bucking the…...
Trump IRS suit settlement questioned by judge as case closed
4+ hour, 47+ min ago (672+ words) The judge who oversaw President Donald Trump's $10 billion lawsuit against the Internal Revenue Service questioned whether the government was being transparent about a settlement that could result in massive payouts to Trump allies. U. S. District Judge Kathleen Williams on Monday issued…...
Trump's IRS settlement includes dropping tax cases, audits
20+ hour, 37+ min ago (616+ words) President Donald Trump scored a major legal victory over the Internal Revenue Service on Tuesday as the agency he has long reviled was barred by the Justice Department from continuing any "known and unknown" probes into his tax returns. The…...
AICPA backs bill limiting beneficial ownership reporting
22+ hour, 27+ min ago (340+ words) The American Institute of CPAs expressed its support for legislation limiting the reporting of businesses' beneficial ownership information to the Treasury Department's Financial Crimes Enforcement Network. Last month the House Financial Services Committee voted to advance legislation that would effectively…...
What makes a Best Firm for Technology?
1+ day, 19+ hour ago (898+ words) A look inside what it takes to truly get the most out of your firm's technology, based on the results of our annual Best Firms for Technology list, and with insights from Roman Kepczyk of Rightworks. How you doing, Roman?...
IRS upped overtime amid staff reductions
1+ day, 22+ hour ago (264+ words) The Internal Revenue Service has increased the amount of overtime hours and pay for its employees after extensive staffing reductions and last fall's government shutdown, according to a new report. Taxpayer Services accounted for 87% of the overtime hours worked, according…...
Evergrande liquidators seek $8. 4 B from Pw C in Hong Kong court
2+ day, 16+ min ago (482+ words) China Evergrande's liquidators are seeking 57 billion yuan ($8. 4 billion) in their lawsuit against Pricewaterhouse Coopers International Ltd. and its mainland China and Hong Kong affiliates, among the largest corporate claims ever sought in the city." Of the total amount, liquidators are…...