Not everyone likes Keurig K-Cup coffee. The quick-brew may be in millions of offices and company kitchens worldwide, but its detractors argue it’s not “real” coffee! The debate over taste and quality may be unsettled. What’s not in question any longer? K-Cups are most definitely not recyclable. K-Cup manufacturer Keurig Dr. Pepper will pay a […]
The Securities & Exchange Commission (SEC) hoped to finalize a greenhouse gas reporting rule that it first made a priority in early 2021. Consistent pressure by investors and Supreme Court rulings prevented it from becoming a reality. SEC chairman Gary Gensler could read the writing on the wall last fall when he delayed finalizing the […]
So is the long-predicted recession near — or here already? Depends on who you ask. The traditional bellwether of a recession, gross domestic product (GDP), says it’s not. After all, GDP grew by 2.8% in the 2nd quarter of 2024, a marked improvement over Q1. But 60% of Americans emphatically say “yes” — the current […]
Can a company’s cybersecurity weakness equate to “ineffective accounting controls?” The Securities & Exchange Commission (SEC) says yes … … but for now, the courts say no. The SEC charged SolarWinds and its chief information security officer (CISO) Timothy Brown with fraud and internal control failures under section 13(b)(2)(B) of the Securities Exchange Act. SolarWinds […]
Did you hear about the Snowflake hack? Snowflake is a cloud computing company that got blasted by a series of attacks earlier this spring. Snowflake clients ended up taking most of the shrapnel. Snowflake client Ticketmaster estimates 560 million customer records were stolen/copied. The threat actors (TAs) who breached Snowflake may be responsible for another […]
Is there a single business in the U.S. that’s resisted raising prices since early 2020? Good luck finding one. But there’s a fine line between passing along higher costs of doing business to the customer, and “fixing” prices. Case in point: Federal Bureau of Investigation (FBI) officers conducted a pre-dawn raid of Cortland Management in […]
Companies aren’t nearly done tightening their belts as the economy slows down. Many are cutting back on vendor services or considering switching to other vendors. The obvious upsides to this approach is cost-savings and better goods and services. The downside: Fielding offers and meeting with vendors can take up a lot of time. It’s no […]
If the election were held today, Donald Trump would win the presidency. Most polls show the former president leading Joe Biden in nearly all of the swing states that decided the last election. Undecided voters may swing Biden’s way come November. But one group is decidedly against pulling the lever for Biden — small business […]
The Financial Accounting Standards Board (FASB) is taking a scalpel to its still-in-the-works expense reporting standard. If and when the board finalizes the standard, manufacturers and warehouses will likely catch a break. FASB is now open to excluding manufacturing and inventory expenses as separate expense categories. However — manufacturing purchases such as machinery, equipment and […]
