Category: internal
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DOGE proposes slashing Internal Revenue Service staff by 20%
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It is said that the Ministry of Governmental efficiency (DOGE) proposes to reduce the workforce to serve internal revenue (IRS) by 20 % in a change that is expected to be effective by May 15, 2025. according to CNNThe discounts will affect an estimated 6800 employees of the government agency,…
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PwC invests in ‘high quality’ business in China after record fine, internal memo says By Reuters
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Written by Shi Yu HONG KONG (Reuters) – PwC said it is making “concrete investments” to ensure the Big Four firms have high-quality and sustainable business in China, after Chinese regulators on Friday imposed a record penalty on the firm’s mainland unit. PwC Zhong Tian LLP was suspended for six…
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Super Micro delays annual filing to review internal controls, shares fall By Reuters
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(Reuters) – Super Micro Computer Inc (NASDAQ:SMIC) on Wednesday delayed filing its annual report and said it needed more time to evaluate the “effectiveness of internal controls” over its financial reporting, sending shares of the artificial intelligence server maker down 21%. The move comes a day after Hindenburg Research revealed…
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Cherry Hill Mortgage moves to internal management model By Investing.com
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FARMINGDALE, N.J. – Cherry Hill Mortgage Investments, Inc. (NYSE: CHMI) announced Monday that its Board of Directors has decided to internalize the management of the Company. The decision, recommended by a special committee of independent board members, will terminate the current management agreement with Cherry Hill Mortgage Management, LLC and…
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FTX Settles $24 Billion Tax Dispute with Internal Revenue Service
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FTX has reached a settlement with its largest creditor, the Internal Revenue Service (IRS). This agreement resolves a major $24 billion tax dispute that has been looming over the stock exchange’s restructuring process. Initially, the IRS claimed that FTX owed more than $44 billion in taxes, but that amount was…
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CEO at $14 billion electronics firm can’t talk about his resignation following an internal investigation
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Following a four-week internal investigation into the $14 billion electronics maker Jabil, CEO Kenneth “Kenny” Wilson abruptly resigned a year after being named at the helm of a major supplier to Apple, Cisco and General Motors. . Upon his exit as CEO last week, Wilson agreed to a set of…
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CEO at $14 billion electronics firm can’t talk about his resignation following an internal investigation
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Following a four-week internal investigation into the $14 billion electronics maker Jabil, CEO Kenneth “Kenny” Wilson abruptly resigned a year after being named at the helm of a major supplier to Apple, Cisco and General Motors. . Upon his exit as CEO last week, Wilson agreed to a set of…
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LocalMonero exchange shutters due to ‘internal and external factors’
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LocalMonero, one of the largest centralized peer-to-peer platforms for XMR trading, is shutting down its services amid the global crackdown on privacy-focused tokens. The central peer-to-peer marketplace for trading Monero (XMR), LocalMonero, is shutting down its services, citing “internal and external factors” as the reason behind the move. in Blog…