Why the huge premium on SK Hynix’s U.S. listing may prove short-lived.

Is your AI paying off? Today, OpenAI CFO Sarah Friar published the scorecard she uses for telling whether you are actually getting economic value from AI spend.  For years, software success was measured through adoption—seats, active users, and renewals, Friar notes. She argues that AI is different: it must be measured by the work it…

Charles Littlejohn, the former Internal Revenue Service contractor who leaked tax information about President Donald Trump and thousands of other wealthy Americans, lost an appeal of his five-year prison sentence.  Processing Content The U.S. Court of Appeals for the D.C. Circuit denied Littlejohn’s arguments, which included that U.S. District Judge Ana Reyes had predetermined her…

Missouri Gov. Mike Kehoe signed Senate Bill 1233 into law, creating an additional pathway to CPA licensure, effective Aug. 28, 2026. Processing Content The new law, backed by the Missouri Society of CPAs, allows CPA candidates to apply for licensure with a bachelor’s degree, two years of experience and passage of the CPA exam. It…

Blue Wolf Capital Partners has appointed Anne Bailey as Lead Operating Partner, strengthening its senior leadership team as the private equity firm continues to focus on operational value creation across its healthcare and industrial portfolio. Bailey, who joined Blue Wolf in 2024, will now lead the firm’s team of operating partners, working closely with portfolio…

The proof-of-cash is one of the few procedures in the transaction accountant’s toolkit that has not changed meaningfully in decades. Processing Content The concept is straightforward: Every dollar that appears in the general ledger should be traceable to a corresponding bank transaction, and vice versa. In practice, executing that reconciliation across multiple bank accounts, multiple…

U.S. companies raised about $114.1 billion through traditional initial public offerings in the first half of 2026, more than seven times the amount raised during the same period last year as the IPO market reached its strongest level since 2021, according to a recent PwC analysis. The surge was fueled in part by SpaceX’s record-setting…