General Electric replaces CEO with outsider; shares soarGeneral Electric Co ousted Chief Executive Officer John Flannery in a surprise move on Monday, replacing him with outsider and board member Larry Culp, and said it would take a roughly $23 billion charge to write off goodwill…Read More
Mexican auto parts makers see new trade deal boosting outputAuto parts output in Mexico will jump about 10 percent over the next three years as automakers scramble to adhere to stricter content rules laid out in a new North American trade deal, a top industry executive said on Monday.…Read More
PwC says more tech is solution for higher audit standardsThe Big Four accounting firms can invest in technology that will raise standards beyond what could be achieved by smaller rivals, the head of PricewaterhouseCoopers (PwC) said on Tuesday, defending the top firms against UK ca…Read More
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