Uber, Lyft Revenue Accounting Threatened by Gig Worker Proposal Uber Technologies Inc. has warned in its financial statements for two years that a potential reclassification of its drivers from independent contractors to employees would alter a key calculation it makes when it tallies the top line in its income statement. A Biden administration proposal released this week […]

How to ensure you and your team obtain essential finance skills Financial training comes in all shapes and sizes so how does one decide which is the best option to obtain new functional finance skills?  At Training The Street, we consider the knowledge and skills required to be a high-performing finance professional.  In other words, […]

The story of Twitter and Elon Musk, after playing out in the media for months, is now headed to the courts. Regardless of the outcome, the case will have a major impact on deal-making for years to come, affecting the way due diligence is conducted, transactions are structured, merger agreements are written, and disputes are […]

Schnell brings over 20 years of sales experience to build on Training The Street’s business growth  NEW YORK, June 29, 2022 /PRNewswire/ — Training The Street (TTS), the world’s leading provider of financial training, announced today that Barry Schnell has been appointed as Chief Commercial Officer. Schnell brings over 20 years of business development experience and will be responsible […]

More Than Half Of New MBAs Will Earn Over $150K Per Year: Survey Marc Ethier Thu, June 16, 2022, 6:02 AM·4 min read   Last summer, a survey of MBA students found widespread confidence in their ability to command strong salaries in a post-pandemic world. A year later, the world isn’t quite past the coronavirus […]

Charlie Munger, Buffett’s long-time partner, and chairman of Daily Journal Corporation (DJCO) was answering shareholder questions today when the subject of crypto came up. On being asked whether he was wrong about buying crypto, Charlie said, “I’m proud that I never invested in Crypto. It’s like venereal disease”. That’s nice Charlie. That’s real nice. But […]

Scott Rostan, Founder and CEO at Training The Street, joined Cheddar to talk about what the unwinding of the telecom giant’s Time Warner media properties means for investors. “Something I always try to teach my students is knowing the underlying businesses and staying inside your core competency is usually a recipe for success” said Rostan. […]

Size of MicroStrategy’s Bitcoin Bet Set Off SEC Accounting Alarm Scale of Bitcoin holdings made SEC zero in on company Non-GAAP measures can’t strip out key financial drivers A growing number of companies invest in Bitcoin but none to the extent of MicroStrategy Inc., which in 2021 announced that buying and holding the volatile digital […]

  The following three statements are all true: In November 2019, Hertz went out to investors asking for $750M. Investors, impressed with what they saw, gave the company $900M instead. In April 2020, four billion dollars of Hertz’s debt was rated triple-A, the same rating that the US government gets for its debt. Triple-A is […]

  Neiman Marcus and J. Crew are the latest to join a list of growing retailers filing for bankruptcy and they both have something in common – enormous debt burdens from leveraged buyouts led by private equity firms. As the government rolls out trillions of dollars in stimulus funds, a push by the private equity […]