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Investing
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U47
Data Center Growth Puts Local Control and Infrastructure Costs in Focus
Data centers promise economic growth but raise local questions about power, water, siting and tax breaks as AI demand accelerates.
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U48
Banks Assess El Niño Loan Risks as Climate Threats Reach Supply Chains
BBVA and other lenders are reviewing climate exposures as El Niño raises risks for agriculture, borrowers and supply networks.
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U49
APCIA Develops Claims Data Template as Insurers Face Scrutiny Over Unpaid Claims
APCIA is working on shared claims categories to clarify why claims close without payment, as insurers face questions about their data and practices.
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U52
Harvard Admissions Data Case Dismissed on Procedural Grounds
A judge dismissed a request for Harvard admissions records, citing missing procedural steps. The decision leaves open whether agencies can renew the demand.
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U25
Grant Thornton Completes $5 Billion CBIZ Acquisition, Expanding U.S. Reach
The deal creates a firm expected to rank fifth in U.S. accounting revenue, with more than $7 billion in annual revenue across its multinational platform.
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U17
Abigail Morris Builds a Historic-Home Design Business Toward $168,000
After a 2024 layoff, Abigail Morris focused her Chicago design studio on historic properties and expects about $100,000 in take-home pay this year.
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U26
FASB Proposal Would Broaden Equity Classification for Some Stock-Linked Contracts
FASB’s proposal would simplify its stock-indexation test and add annual disclosures on settlement variables. Comments are due Jan. 4, 2027.
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U27
Cherry Bekaert Adds Rhode Island Firm in Fourth 2026 Deal
The deal brings more than 60 Sansiveri professionals into Cherry Bekaert and expands the firm’s New England presence. Financial terms weren’t disclosed.
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U54
Snap Settlement Removes Another Social Media Addiction Case From Trial
Snap is finalizing a confidential deal with two teen plaintiffs, while thousands of similar cases remain and an earlier $6 million verdict offers a benchmark.
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U29
Six Year-End Financial Moves That Could Shape 2026 Taxes and Retirement Savings
Six steps to review before Dec. 31 cover retirement contributions, Roth conversions, required withdrawals, investment losses and health savings.
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U30
AI Use in Internal Audit Reaches 90% as Assurance Gaps Persist
AI adoption is widespread in internal audit, but fewer teams assess operational effectiveness, ethical use and model validity.
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U32
AI Search Raises the Stakes for Accounting Firms’ Digital Reputation
AI tools can shape which accounting firms make a client’s shortlist. Clear expertise and credible evidence help them describe a firm accurately.
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U33
Eide Bailly Adds Fort Worth Firm JTaylor as Texas Expansion Continues
Eide Bailly’s third acquisition since its Reverence Capital investment adds JTaylor’s Fort Worth team and broadens the firm’s Texas presence.
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U19
Why a 24-Hour Thank-You Can Shape Professional Relationships
Specific, timely thanks after gifts, favors and interviews can signal professionalism and attention to detail.
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U20
Why Revenue Data Providers Are Becoming Core Infrastructure
Automated revenue workflows increasingly depend on shared data layers. The cost and risk of replacing one can reveal whether it’s a tool or infrastructure.
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U34
Accounting Firms Face Data Exposure Risk From Unapproved AI Tools
Staff can expose tax returns and financial records through unapproved AI tools. Clear rules, vendor reviews and monitoring help firms protect client data.
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U35
Holthouse Rebrand Marks Employee Ownership Shift at Accounting Firm
The firm is transitioning from HCVT to Holthouse as it establishes an ESOP, giving eligible employees an ownership stake earned over time.
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U36
IRIS Launches AI Document Management for Accounting Firms in the UK and US
IRIS Document Management combines document search, filing and client exchange, with regional data processing and links to the firm’s practice software.
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U24
Millionaire Renters Surge as Affluent Households Favor Flexibility
Millionaire renter households grew 229% from 2020 to 2024, as affluent earners weighed mobility and accessible capital against owning a home.
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U57
Learjet 60 Plunges Into Florida Neighborhood After Pilot Reports Turbulence
A Learjet 60 descended rapidly near Greenacres after its pilot reported turbulence. Nine people aboard died; investigators are examining the crash.