EY’s Global Head to Retire After Breakup Plan Fails

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Robust Hiring in April Shows U.S. Job Market Remains Hot in Cooling Economy

[ad_1] Americans landed jobs and their wages increased in April, showing the labor market remained resilient amid banking turmoil, rising interest rates and high inflation. Employers added 253,000 jobs and…

Businesses in China Ask Where the Red Lines Are as Beijing Cracks Down

[ad_1] Foreign companies are walking a tightrope between their need for business intelligence to comply with U.S. sanctions and mounting concerns about the risks of carrying out due diligence. [ad_2]…

TurboTax Paying $141 Million to Taxpayers Who Could Have Filed for Free

[ad_1] The payments are part of a 2022 settlement over online ads that sent customers to TurboTax’s paid service. [ad_2] Source link

WSJ News Exclusive | EY Breakup Plan Is Really Dead

[ad_1] Executives are focused on repairing the damage from the 18-month effort to split the firm’s auditing and consulting operations. [ad_2] Source link

In China, a Detention and a New Espionage Law Have Businesses Worried

[ad_1] Foreign companies are growing more concerned about the safety of their staffs and the reliability of Beijing’s pledges that China is open for business. [ad_2] Source link

Beijing’s Bain Raid, Espionage Law Are Self-Sabotage

[ad_1] China’s economy is bouncing back. Recent moves show that the potential for state overreach is, too. [ad_2] Source link

China Ratchets Up Pressure on Foreign Companies

[ad_1] Surprise visits, probes and detentions come just months after Beijing’s open-for-business message to global investors. [ad_2] Source link

WSJ News Exclusive | PricewaterhouseCoopers to Pour $1 Billion Into Generative AI

[ad_1] Multiyear investment in U.S. business includes accessing ChatGPT maker OpenAI’s language model, training staff in AI capabilities. [ad_2] Source link

Commercial Real-Estate Woes Run Deeper Than in Past Downturns

[ad_1] Commercial real estate has experienced its share of busts in recent decades. This one is different. Landlords are contending simultaneously with a cyclical market downturn and with secular changes…