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The Latest Breaking News from EY

Super Micro whistleblower doubles down on claim he was fired for complaining about accounting practices at the $20 billion tech giant

The company has denied allegations of improprieties and has given its accounting a clean bill of health.

Fortune

S&P, Nasdaq Settle At Record Highs As Tesla, SMCI Surge: Fear Index Remains In 'Greed' Zone

The CNN Money Fear and Greed index showed some decline in the overall market sentiment, while the index remained in the “Greed” zone on Monday.

Benzinga

Wall Street eyes M&A revival if new Trump administration ushers in lower rates, looser scrutiny

Wall Street is betting corporate dealmaking could bounce back next year if the new Trump administration ushers in lower interest rates and looser regulatory scrutiny

The Independent UK

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Marc Andreessen doesn't want to see anyone's 'whole self' at work: 'Act like a professional and a grown-up'

It comes as a number of workplaces, like Meta and EY, have come down hard on staffers they feel aren’t acting professionally.

Fortune

Foreign bosses starting to query investing company cash in France, says report

International tycoons are having second thoughts about investing in France mainly due to the country's political instability, says a new survey of 200 managers of foreign-owned companies.

Radio France Internationale

Arsenal: New report reveals Gunners' major economic and social impact in London

Ernst & Young study details extent of the club’s value in the capital and beyond

Evening Standard

Exclusive: Manufacturing startup Keychain raises $15 million in Series A funds, including from the maker of iconic breakfast cereals

Keychain is an online platform that connects food and beverage brands to manufacturers.

Fortune

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One of Britain’s best-known tea brands on brink of collapse

It is one of Britain’s best-known tea brands

The Independent UK

Typhoo Tea on brink of collapse, with more than 100 jobs at risk

Tea company filed court notice to appoint administrators after years of declining sales and a costly break-in at its Merseyside factory.

Evening Standard

It’s still hurricane season—Here’s how managers can prepare their workplace for increasingly severe natural disasters

With climate change on the rise, employers need to figure out how to support employees after a natural disaster.

Fortune

Inside Super Micro's wake-up call: After riding the AI wave, the $20 billion tech giant is crashing back to earth amid a financial crisis and family drama

Auditor Ernst & Young just walked out in the middle of auditing Charles Liang’s tech giant, but Super Micro disagrees with EY’s decision to quit.

Fortune

Super Micro Computer Shares Plummet 30% After Accounting Firm Resigns

Super Micro Computer faces challenges as Ernst & Young resigns amid financial concerns. Company's shares drop 30%.

Top News

Australia's inflation down, but not out

There were few surprises in the inflation read-out, with economists broadly of the view underlying price pressures should keep the cash rate on hold until 2025.

AAP

Data Sheet: Wait times can vary

They had to join a waitlist before receiving the promised AI-powered features.

Fortune

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Fortune

KPMG says the CPA qualification's '150-hour rule' needs to go

Educators often claim that accounting firms don’t pay enough to attract talent lured by lucrative salaries in other areas of business.

The Guardian - AU

Inflation may be about to hit a three-year low. Does that mean the cost-of-living crisis is over?

Not really, because CPI is just one factor. A better measure of how we’re faring is household disposable income

Evening Standard

UK economic growth forecasts downgraded for next two years – economists

EY Item Club’s latest quarterly economic forecast points towards 0.9% growth in 2024.

Evening Standard

Deloitte cuts 250 UK jobs amid slowdown for consulting giants

A person familiar with the matter said the cuts are part of a ‘performance management’ process at the company.

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news in one place.

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Fortune

EY fired dozens of staff members who attended 2 video training meetings simultaneously

EY has already been forced to pay dearly for employees who abuse internal training and testing systems.

Fortune

Here’s what it would take for Europe to successfully compete with the U.S. and China, according to EY

Europe can shape its future with confidence—but only if it focuses on competitiveness.

The National (Scotland)

John Swinney to attend investment summit with aim of boosting renewables

FIRST Minister John Swinney will attend a major international investment summit in London on Monday.

International Business Times

Your 'Local Everything': What 7-Eleven Buyout Battle Means For Japan

In Japan more is at stake than money in the mammoth takeover battle for 7-Eleven, the world's biggest convenience chain, by Canadian retail giant Alimentation Couche-Tard.

Newslaundry

Hafta letters: EY employee’s death, toxic work culture, journalism

Hello Abhinandan,I have been a big supporter of you and Newslaundry for the past two or three years. I especially love the collaboration with The News Minute and I am excitedly looking forward to the collaboration with East Mojo. I also have feedback. It may sting personally, but I hope…

StockNews.com

3 Cloud Computing Stocks You Can’t Afford to Miss

Amid the widespread digital transformation, cloud computing stands out as an attractive market because of its flexibility, cost optimization, and enhanced data security. Therefore, you can’t afford to miss investing in three key cloud computing stocks: Alphabet (GOOGL), International Business Machines (IBM), and Workday (WDAY). Keep reading.

Latin Times

Accounting Firm Where Woman Died from 'Overwork' Has Operated for Decades Without a Cap on Work Hours

26-year-old Anna Sebastian Perayil's death triggered a federal government investigation into employee welfare at Ernst & Young.

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