Accounting

An accounting professor at the University of Southern California has been recognized by the AICPA for his contributions to accounting academics.

The other day, I noticed that there was something interesting going on in my office. I was picking up different devices to use, depending on what tasks I wanted to accomplish. This was never a conscious decision – I never thought: “I shall purchase this ipad so that I can use it in this specific way” – it’s just sort of happened over the last couple years.

Which states have the most "business friendly" environments? According to the third annual Small Business Friendliness Survey, here are the top five:

A new report by the Consumer Financial Protection Bureau has found the majority of debit card overdraft fees are incurred on transactions of $24 or less and that the majority of overdrafts are repaid within three days. Put in lending terms, if a consumer borrowed $24 for three days and paid the median overdraft fee of $34, such a loan would carry a 17,000 percent annual percentage rate (APR).

Tourism was a big job creator in Florida in 2013, according to a report released Monday from Florida TaxWatch.

The big skies over Texas will soon be graced by thundering rocket launches. Governor Rick Perry and SpaceX made it official Monday, announcing that the rocket company will build a spaceport on the coast near Brownsville.

Nearly three in five private companies are confident about the U.S. economy, continuing their 18-month optimism streak. More than one-third of them plan major new capital investments, the highest percentage in over two years. The majority of private companies also plan to increase headcount, but minimally, via targeted hiring.

From food trucks to online retailers, a growing number of mainstream businesses are accepting virtual currencies, such as Bitcoin, as a payment method. But as the popularity of digital cash rises, states are beginning to look at ways to regulate its use.