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ConvergenceCoaching, an accounting consulting firm, today celebrated its 25th anniversary.Processing ContentThe firm was founded in 2000 by Jennifer Wilson and James Metzler in response to the “emerging convergence of leadership with traditional management and the melding of technology with accounting,” according to a statement. Jennifer Wilson “In 2000, we set out to compel firm leaders to embrace change — in mindset, culture and their approach to running their firms all so they could build firms that would thrive well into the future,” Jennifer Wilson, co-founder and partner, said in a statement. “Twenty-five years later, as more boomers retire, that mission…

Glen Hauenstein, president of Delta Air Lines Inc., left, and Ed Bastian, chief executive officer of Delta Air Lines Inc., right, ring the opening bell on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Nov. 12, 2025. Michael Nagle | Bloomberg | Getty ImagesDelta Air Lines President Glen Hauenstein, who propelled the carrier to become the industry’s profit leader and championed the airline’s lucrative embrace of travelers willing to spend a little extra for a more luxurious travel experience, is retiring in February.”Glen and his team have been central to Delta’s premium strategy,…

Hollywood may be embattled. But it’s still capable of putting out a compelling narrative: On Wednesday morning, news broke that Netflix has won (for now) the right to buy Warner Bros. studio and HBO.A few hours later, news broke that YouTube is going to be the new host of the Oscars.Even the dullest of us can understand this storyline: In a single day, three of old media’s most treasured assets have been acquired by digital usurpers — internet services that used to be dismissed by media giants, and are now giants themselves.If Netflix does end up walking away with most…

The WNBA Players Association executive director told CNBC she remains “frustrated” by the lack of progress toward a new collective bargaining agreement as the league’s new deadline to reach a deal approaches. “We’re a little frustrated with where we are right now, but we are holding to our principles,” Terri Jackson, executive director of the WNBPA, told CNBC Sport in an interview. “We’re staying open to the fact that these negotiations will continue, because they must. We’ll be at the table for as long as they take, and we’re hopeful that there’s enough folks on the team side of things…

Hedge fund manager Ray Dalio has joined the list of billionaires backing President Donald Trump’s new plan to give $1,000 to every child born in the next three years.Dalio, the founder of Bridgewater Associates, and his wife, Barbara, will donate $250 to about 300,000 children in Connecticut who live in zip codes where the median family income is $150,000 or less, Dalio Philanthropies said in a press release.”Barbara and I believe strongly in the importance of equal opportunity and believe this initiative is an important step in that direction,” Ray Dalio said in the release. “I have lived the American…

2025-12-17T20:23:05.588Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. As an interior designer, I see lots of trends cycle in and out each season. Color drenching, versatile furniture, and colorful trim are all popular among my clients right now. However, I’m seeing less beige interiors, builder-grade lighting, and all-white kitchens. As an interior designer, I know the hottest…

Special Counsel Jack Smith, seen here in August 2023, defended his work to House members Wednesday. Drew Angerer/Getty Images hide caption toggle caption Drew Angerer/Getty Images Former Justice Department special counsel Jack Smith defended his investigations of President Trump, telling congressional lawmakers Wednesday that he made prosecutorial decisions without regard to Trump’s “political association, activities, beliefs, or candidacy in the 2024 presidential election,” according to portions of his opening statement obtained by NPR. Testifying behind closed doors, Smith also told the House Judiciary Committee that his team developed “proof beyond a reasonable doubt” that Trump took part in a criminal…

The Public Company Accounting Oversight Board has reached a deal with the Cyprus Public Audit Oversight Board, the latest in a series of agreements with regulators in other countries allowing cooperation in the oversight of auditors who practice in each other’s jurisdictions.Processing ContentThe statement of protocol and data protection agreement both took effect on Dec. 15. It’s the 30th bilateral agreement between the PCAOB and a foreign audit oversight authority to date. It governs matters such as inspections and investigations of firms. “The PCAOB is pleased to enter into a cooperative agreement with the Cyprus Public Audit Oversight Board, reinforcing our…

Polymarket banner outside the New York Stock Exchange on Oct. 7th, 2025.Kevin Stankiewicz | CNBCPrediction markets could reach a trillion dollars in annual trading volume by the end of this decade, according to a new report from Eilers & Krejcik, a research firm that specializes in sports and interactive gaming sectors.  “Numerous factors, most notably legal and regulatory challenges, could delay or derail the growth of prediction markets,” Eilers & Krejcik partner emeritus and strategic advisor Chris Grove told CNBC. “But the fundamental elements of consumer demand and an array of diverse brands looking to meet that demand are clearly in…

The Financial Accounting Standards Board released an accounting standards update Wednesday to improve its codification of standards on different topics, including technical corrections, unintended application of the Codification, clarifications and other minor improvements.Processing ContentThe amendments address 33 issues and affect a wide range of topics in the Codification. They apply to all reporting entities within the scope of the affected accounting guidance.The standards update is part of FASB’s efforts to address suggestions from its stakeholders on improving the Codification and making other incremental improvements to U.S. GAAP. Among the changes are clarifying comparative financial statement presentation requirements, correcting an error in an…