Accounting

Last year, Elon Musk parted ways with one of his top deputies at Tesla Inc., TSLA -2.76% a French auto-industry executive named Jerome Guillen. Mr. Guillen worked at Tesla for roughly a decade, rising to oversee the company’s car division. He was rewarded with equity grants that swelled with Tesla’s valuation. By the end of 2020, Mr. Guillen’s unvested equity in the car maker was valued at around $600…

As companies publish pay details for job openings under new laws in New York City, some are listing maximum pay figures that are more than double the minimum pay for the job, stretching salary ranges to hundreds of thousands of dollars for certain careers.A trauma surgeon in the Mount Sinai Health System could earn anywhere from $384,000 to $800,000 or more, the hospital’s job ads say. A tax executive at PricewaterhouseCoopers LLP could make $158,400—or nearly triple that. At AT&T Inc.,…

MoviePass, a Netflix-like subscription service for movie theaters, made a splash in 2017 when it made its debut. Photo: Andrew Harrer/Bloomberg News…

View Discussion Improve Article Save Article Like Article View Discussion Improve Article Save Article Like Article Ecologists and environmental economists condemn the way states to maintain their financial and national accounts ostensibly. Money spent on building human skills, educating, providing nutrition, maintaining health, land, air, water quality, or forests, excluding related buildings and equipment, is classified as final consumption expenditure in national accounts. This is a conceptual topic and this…

A number of finance chiefs at some of the country’s biggest companies have left their jobs in recent weeks, an exodus that comes amid the pressures that high inflation and the Covid-19 pandemic have had on corporate balance sheets and the economic outlook.Fall is often a period of heightened CFO turnover, because this is when companies tend to launch searches to bring in new finance executives for the early part of the next year, recruiters said. This time around, however, recruiters are seeing more churn than usual among…

The Internal Revenue Service released tax thresholds for 2023 after inflation adjustments. Photo: Ting Shen for The Wall Street Journal…

Booz Allen is a government contractor that provides management and technology consulting services. Photo: Graeme Sloan/Sipa/Associated Press…

McKinsey & Co., the consulting powerhouse that advises not just Puerto Rico’s government but also the primary contractors and vendors for the island territory’s energy system, is facing scrutiny in the wake of the power grid’s continued dysfunction. Since McKinsey was hired as the top consultant to Puerto Rico’s financial-oversight board, which oversees public spending, the firm has helped officials shape efforts to overhaul the territory’s electricity system through a privatization process that…

For decades the No. 2 U.S. burger chain by sales behind McDonald’s Corp. , Burger King in 2020 slipped to the third burger brand behind Wendy’s Co. Chicken sandwich giant Chick-fil-A Inc. has also surpassed the home of the Whopper, its restaurants averaging more than four times the annual sales of a typical Burger King location, according to market research firm Technomic Inc. “We made some bad decisions in the last couple of years,” said…

In Personal Board of Directors, top business leaders talk about the people they turn to for advice, and how those people have shaped their perspective and helped them succeed. Previous installments from the series are here. Paul Brown recalls getting a costly lesson when he left Boston Consulting Group early in his career for a startup. Mr. Brown says he had become enamored with the internet boom sweeping the U.S. in the late ’90s and jumped to an online travel portal. The startup soon…