M&A roundup: Hot start to September
Acquisitions by Carr, Riggs & Ingram, Ascend, Nichols Cauley and more.
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Washington DC mayor signs CPA licensing legislation
Dive Brief: Washington, D.C. Mayor Muriel Bowser approved legislation (D.C. Act 26-412) this week to establish an alternative path to becoming a certified public accountant that doesn’t require 150 college credit hours, teeing it up for the final congressional review, according to the act that was signed Monday. The new licensing requirements detailed in the…
Apple Announced Its Largest-Ever Stock Buyback Under Tim Cook’s Leadership. Here’s Why the Size of the Repurchase Program Matters for Shareholders.
When Tim Cook became CEO of Apple (AAPL -0.63%) in 2011, one of his biggest strategic shifts was returning capital to shareholders. He reinstated the company’s dividend in 2012 and, more importantly, launched a massive stock buyback program. Apple has spent more than any other company on stock buybacks over the last 10 years, according…
From Silicon Valley to DC, tech world obsessed with AI distillation
Jeff Dean, head of artificial intelligence at Google LLC, speaks during a Google AI event in San Francisco, California, U.S., on Tuesday, Jan. 28, 2020. David Paul Morris | Bloomberg | Getty Images Earlier this year, Google AI lead Jeff Dean, on a podcast, discussed a concept that, at the time, was hardly spoken about…
Atlassian’s Chief Accounting Officer Sells Over 1,000 Shares as the Stock Surges 30% After Earnings
Chief Accounting Officer Gene Liu reported a sale of 1,125 shares of Class A Common Stock in Atlassian Corporation (TEAM -1.77%) at $175 per share on August 19, 2026, according to a recent SEC Form 4 filing. Transaction summary Metric Value Shares sold 1,125 Transaction value $196,875 Post-transaction shares (directly held) 56,807 Post-transaction shares (indirectly…
Ten Workers Die After India Hydro Project Tunnel Collapses
At least 10 workers died and more maybe trapped after an under-construction tunnel at a hydroelectric project collapsed in India’s northeastern state of Sikkim. The tunnel at state-run NHPC Ltd.’s 500-megawatt Teesta-VI project caved in around midday on Monday after a sudden burst of methane gas from the rocks triggered an explosion, the company said…
EY earmarks $100M in rewards for ‘future-focused’ employees
Dive Brief: Accounting giant Ernst & Young announced Monday that it is investing $100 million to reward U.S. employees who develop “future-focused skills, advance the firm’s culture, drive innovation, and deliver exceptional client service.” Among others, the program targets individuals whose contributions drive “meaningful change” through innovation, disruption, technology or growth, according to a press…
