Accounting

FILE - In this Thursday, April 25, 2019 file photo the logo of financial services company wirecard is pictured at the headquarters in Munich, Germany. Shares in German payment service provider Wirecard AG plunged Thursday as the company announced it was postponing its delayed annual report yet again. (AP Photo/Matthias Schrader, file)
June 19, 2020 - 12:16 pm
FRANKFURT, Germany (AP) — The chief executive of German payment service provider Wirecard AG resigned on Friday after the company disclosed that auditors could not find 1.9 billion euros ($2.1 billion) in cash, adding to the accounting woes of a firm once regarded as a star of the growing financial...
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Treasury Secretary Steven Mnuchin speaks during a Senate Small Business and Entrepreneurship hearing to examine implementation of Title I of the CARES Act, Wednesday, June 10, 2020 on Capitol Hill in Washington. (Al Drago/Pool via AP)
June 13, 2020 - 12:34 am
WASHINGTON (AP) — Building ramparts of secrecy around a $600 billion-plus coronavirus aid program for small businesses, Treasury Secretary Steven Mnuchin has moved from delay to denial in refusing outright to disclose the recipients of taxpayer-funded loans. Mnuchin told Congress at a hearing this...
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Treasury Secretary Steven Mnuchin speaks during a Senate Small Business and Entrepreneurship hearing to examine implementation of Title I of the CARES Act, Wednesday, June 10, 2020 on Capitol Hill in Washington. (Al Drago/Pool via AP)
June 12, 2020 - 6:30 pm
WASHINGTON (AP) — Building ramparts of secrecy around a $600 billion-plus coronavirus aid program for small businesses, Treasury Secretary Steven Mnuchin has moved from delay to denial in refusing outright to disclose the recipients of taxpayer-funded loans. Mnuchin told Congress at a hearing this...
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FILE - In this May 3, 2020, file photo, light shines from inside the U.S. Capitol dome at dusk on Capitol Hill in Washington. (AP Photo/Patrick Semansky)
June 03, 2020 - 6:07 pm
WASHINGTON (AP) — A widely supported bill to refine a payroll subsidy program for businesses struggling during the COVID-19 pandemic could soon be on its way to getting signed into law by President Donald Trump despite hitting a speed bump in the Senate on Wednesday. The legislation would give...
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FILE - In this April 30, 2020 file photo, a man writes information in front of Illinois Department of Employment Security in Chicago. U.S. businesses cut an unprecedented 20.2 million jobs in April, an epic collapse with coronavirus outbreak closing the offices, factories, schools, construction sites and stores that propel the U.S. economy. The Wednesday, May 6, report from payroll company ADP showed the tragic depth and scale of job losses that left no part of the world’s largest economy unscathed.  (AP Photo/Nam Y. Huh, File)
AP News
June 03, 2020 - 8:55 am
BALTIMORE (AP) — U.S. businesses shed 2.8 million jobs in May, significantly less than the 9.3 million job losses that were expected. The payroll company ADP reported Wednesday that businesses have let go of a combined 22.6 million jobs since March, with the bulk of the layoffs occurring in April...
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FILE - In this May 7, 2020, file photo, President Donald Trump speaks during a meeting about the coronavirus response in the Oval Office of the White House in Washington. The Supreme Court is taking up Trump’s bid to keep his tax, bank and financial records private, a major clash over accountability that could affect the 2020 presidential campaign. (AP Photo/Evan Vucci, File)
May 12, 2020 - 3:56 pm
WASHINGTON (AP) — The Supreme Court on Tuesday appeared likely to reject President Donald Trump's claim that he is immune from criminal investigation while in office. But the court seemed less clear about exactly how to handle subpoenas from Congress and the Manhattan district attorney for Trump's...
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FILE - In this May 7, 2020, file photo President Donald Trump listens during a meeting about the coronavirus response in the Oval Office of the White House in Washington. Trump is hoping to persuade a Supreme Court with two of his appointees to keep his tax and other financial records from being turned over to lawmakers and a New York district attorney. The justices are hearing arguments by telephone Tuesday, May 12. (AP Photo/Evan Vucci, File)
May 10, 2020 - 10:02 am
WASHINGTON (AP) — President Donald Trump is hoping to persuade a Supreme Court with two of his appointees to keep his tax and other financial records from being turned over to lawmakers and a New York district attorney. The justices are hearing arguments by telephone Tuesday in a pivotal legal...
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FILE - In this April 29, 2020 file photo, a man walks past a closed business in Shaker Heights, Ohio. Many people consider the Paycheck Protection Program that promised nearly $670 billion in forgivable loans to help companies rehire laid-off workers to already be a success because millions of businesses have gotten the money. But owners and business groups have said loans weren’t getting to companies most in need and it wasn’t arriving fast enough. (AP Photo/Tony Dejak, File)
May 07, 2020 - 4:52 pm
NEW YORK (AP) — The Trump administration has dispensed about $530 billion to millions of small businesses to cushion them from the sharp downturn induced by the coronavirus. The question is: how effective will the Paycheck Protection Program be? Some small business owners say the program’s low-cost...
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FILE- In this Sept. 15, 2014 file photo, President Barack Obama bestows the Medal of Honor on retired Army Command Sgt. Maj. Bennie G. Adkins in the East Room of the White House in Washington. Adkins was deployed three times to Vietnam with the Special Forces and is being recognized for actions during his second combat tour, in 1966, when he ran wounded through enemy fire to drag injured comrades to safety. Adkins died of coronavirus on April 17, 2020 at the age of 86. (AP Photo/Carolyn Kaster)
May 07, 2020 - 10:06 am
BIRMINGHAM, Ala. (AP) — Decades after the Vietnam War, retired Army Command Sgt. Maj. Bennie Adkins had a simple way of explaining how he survived mortar attacks and rifle bullets that killed so many people all around him. “It was not my day,” he’d say. Then the coronavirus found Adkins and felled...
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FILE - In this Oct. 17, 2018, file photo, former NFL quarterback Brett Favre speaks with reporters in Jackson, Miss., about his support for Willowood Developmental Center, a facility that provides training and assistance for special needs students, The Mississippi state auditor said Wednesday, May 6, 2020, that Favre is repaying $1.1 million he received for multiple speaking engagements where auditor’s staffers said Favre did not show up. An audit of the Mississippi Department of Human Services, released May 4, said a nonprofit group used welfare money to pay Favre for $500,000 in December 2017 and $600,000 in June 2018. Favre is not charged with any wrongdoing. (AP Photo/Rogelio V. Solis, File)
May 06, 2020 - 9:53 pm
JACKSON, Miss. (AP) — Former NFL quarterback Brett Favre is repaying $1.1 million in welfare money that he received for multiple speeches where he did not show up, the Mississippi state auditor said Wednesday. Auditor Shad White said his office received $500,000 from Favre on Wednesday, plus a...
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