Bloomberg Tax: Robert Rostan in Uber, Lyft Revenue Accounting Threatened by Gig Worker Proposal

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...

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Training The Street Names Barry Schnell as New Chief Commercial Officer

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...

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Adjusting Enterprise Value for Cash, Cash Equivalents, and Venereal Disease

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...

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Cheddar TV: Scott Rostan in AT&T Investors Digest WarnerMedia Spinoff Merger With Discovery for $43 Billion

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...

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Training The Street Expands Global Reach with Acquisition of AMT Training

CHARLOTTE, NORTH CAROLINA (Jan. 11, 2022) – Training The Street (TTS), the world's leading provider of educational resources for financial professionals, today announced it has acquired London-based AMT Training, significantly expanding the company’s global reach and enhancing digital capabilities in training delivery. The companies will continue to operate under their current...

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Wayne Stallings in CFO Dive: SPACs could face more restatements because of equity classification

In a high-profile case, the sponsor of WeWork, BowX, is restating its past year’s financials to correct for classifying a portion of its shareholder equity as permanent, rather than as temporary. Published Dec. 10, 2021 A fresh wave of restatements by special purpose acquisition companies (SPACs) could be coming after the Securities and...

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