Stay updated with breaking news from Michael Shaub. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Professional-services giants are facing the consequences of aggressive hiring over the past two years, coupled with less attrition than they expected
If an accountant's biggest workout comes from crunching numbers, Ernst & Young may soon attempt the equivalent of a full deadlift as it tries...
Ernst & Young's leaders fired the starting gun Thursday on a monthslong plan to split its consulting and auditing businesses, in a radical move that will generate windfalls for the firm's partners and could upend the business model for accounting firms.
Provided by Dow Jones By Mark Maurer U.S. companies might have to pay more in taxes to fund President Biden's $2.3 trillion infrastructure plan. How much they owe and to whom will likely remain a mystery. Public companies in America disclose their total tax payments and their tax rate. But they have resisted plans that would require them to break down how much they pay to the federal government, states or foreign countries. Businesses say the additional disclosure would be costly and potentially misleading. "This is an area that most companies would prefer...
Houston billionaire Tilman Fertitta to take restaurant, gaming empire public FacebookTwitterEmail 1of12 Tilman Fertitta, owner of Landry's Inc. and the Houston Rockets, said Feb. 1 he would merge his Landry’s and Golden Nugget holdings with a ‘blank check’ company, valuing the business at $6.6 billion. Fertitta will maintain control, the Rockets and other assets are not part of the deal.Jon Shapley, Houston Chronicle / Staff photographerShow MoreShow Less 2of12 The Golden Nugget in Las Vegas. Tilman Fertitta, owner of the Golden Nugget casinos, Landry's Inc. and the Houston Rockets, sai...