March 15, 2025

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Finance

Expert explains a controversial accounting ploy used by Mike Lynch’s former finance chief

Good morning. Earlier this week, I wrote about how Sushovan Hussain, the former CFO of Autonomy, a software company founded by the late British tech entrepreneur Mike Lynch, cooked the books and land in prison for five years and how, in July, he was banned from accounting until 2038.  About a year after HP acquired

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Finance

This former financial advisor overcame some ‘dark days’ early in retirement

Open this photo in gallery: In addition to volunteering, John Kerr of Stittsville, Ont., walks his 12-year-old dog Charlie, an Australian shepherd and husky mix, three to four times daily. “He has been my rock and helped me through the dark days,” he says.Justin Tang/The Globe and Mail Sign up for the Globe Advisor weekly

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Funds

Dolton ‘offset’ funds suspended due to Henyard administration reporting failures: Comptroller

DOLTON, Ill. – Illinois State Comptroller Susana Mendoza has immediately suspended all “offset” funds to the Village of Dolton due to what she says are ongoing reporting failures by Mayor Tiffany Henyard’s administration. “Offset” funds are monies collected from state payments that the Comptroller’s office withholds from people who owe fines or other payments to

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Finance

The Great CFO Turnover: Why more top finance leaders are retiring or changing jobs

Good morning. As economic uncertainty continues, the pace of CFO turnover has increased in the first half of 2024, according to research. Some finance chiefs are looking to retire, and others are moving on to new positions.  Taking a look at H1, from Jan. 1 to June 30, CFO turnover reached 8.9% globally, outpacing levels

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Investment

OPINION: Alaska’s small businesses poised for success with ‘Investing in America’

By Beto Yarce Updated: 49 minutes ago Published: 49 minutes ago (iStock/Getty Images) President Biden’s strategy to build the American economy from the middle out and bottom up has already garnered extraordinary results. This includes an unprecedented number of applications to start businesses than our nation has ever experienced: more small business applications have been

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Finance

So what if inflation is falling? The damage to our finances is done

Open this photo in gallery: A woman shops for vegetables at a Loblaws store in Toronto, on May 31, 2023.Ammar Bowaihl/The Globe and Mail You were force-fed 10 years’ worth of inflation in a short period of time – that’s why you feel your life is unaffordable right now. Last week’s interest rate cut by

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Investors

Real Estate Investor Explains How to Give Back While Still Profiting

After decades of working full-time for a software company while building a 100-plus unit real estate portfolio on the side, one New Hampshire-based investor quit his job in early 2024 and is now retired at 46. Matt, who goes by “The Lumberjack Landlord” for privacy reasons, purchased his first property in 2001 and has predominantly

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