Alphabet says it plans to throw even more money at the AI build-out. The Iran war, oil back at $100 a barrel and rising bond yields make it all the more difficult for the market to stomach.
President Donald Trump challenged NATO’s united front on Wednesday, slamming several allies for not spending enough on defense, spotlighting internal divisions within the alliance. NATO leaders’ gathering in Turkey comes at a time when the alliance is facing mounting challenges both externally and internally, and questions are mounting on how to best support Ukraine in…
For most of our history, the domain of the financial advisor has been helping clients to invest their savings in publicly traded stocks and bonds that create opportunities for long-term growth, in order to achieve clients’ retirement and other savings goals. While the particular vehicles have changed over time – from individual securities, to mutual…
The Supreme Court’s decision Monday to deny certiorari in Murrin lets stand a Third Circuit holding that the Sec. 6501(c)(1) unlimited period for the assessment of tax applies when a fraudulent return is filed with the intent to evade tax, regardless of whether the intent is that of the taxpayer or another person, including the…
Accounting firms have been fielding offers from a growing number of private equity investors over the past five years as PE money continues to pour into the accounting sector, fueling a wave of M&A activity. Processing Content Some firms are trying to steer a middle course, like Sax, a Top 60 Firm based in Parsippany,…
Morning all, Craig McGlashan here with the Europe Wire from the London newsroom. The complexity of corporate carve-outs might put some sponsors off – particularly given the pervading cautiousness in the M&A market – but that can open opportunities for those willing to do the work, Montagu’s Christoph Leitner-Dietmaier tells us this morning.
Despite the U.S.-Iran ceasefire agreement, the Persian Gulf has seen on-again, off-again fighting as both sides try to assert control over the Strait of Hormuz. Iran insists that all traffic must receive its OK and has attacked ships attempting to cross the narrow waterway outside its approved route along the Iranian coast. On Saturday, it…
