Microsoft said it is cutting 1,850 jobs in its smartphone hardware units and will record a charge of $950 million.
Profits beat analysts' expectations despite a 7% drop in net sales.
The executive and a former Logitech controller are accused of inflating the company's operating income in fiscal 2011.
A GAO report prepared for Bernie Sanders shows two-thirds of corporations paid no federal income tax in a six-year period.
Revenue and operating income for U.S. restaurants will increase more than expected, said Moody’s Investors Service in upgrading its industry…
Howard Schiller says he is not to blame for the incorrect recognition of $58 million in revenue that has caused Valeant to restate its financial…
A $98 million write-down of the value of the Land's End name and a 6% drop in net sales were the lowlights.
New legislation makes the credit available to many small and midsized companies that had been effectively barred from using it.
Continuous accounting can put an end to the recurring nightmare accountants experience.
The pharmaceuticals company also canceled its 2016 financial guidance and delayed filing its fourth-quarter earnings report.