SEC Semiannual Reporting Proposal Clears White House Review

A Securities and Exchange Commission plan to let public companies cut quarterly disclosures to twice a year moved closer to reality after passing a White House review.

OpenAI CFO Sees ‘Vertical Wall of Demand’ for Products

OpenAI Chief Financial Officer Sarah Friar pushed back on concerns about missing internal targets, saying the company is meeting objectives and sees “a vertical wall of demand” for its products.

Brightline Florida Warns of Likely Insolvency in Financial Audit

Auditors for Brightline, the struggling Florida passenger railroad, warned the private company doesn’t have the cash to service its debt and meet financial obligations over the next 12 months, raising “substantial doubt” about its ability to survive.

PKF Accounting Firm Can Arbitrate False Claims Act Dispute

New Jersey-based accounting firm PKF O’Connor Davies LLP convinced a federal district court that arbitration is required to resolve a dispute with a former partner that says the firm violated the False Claims Act’s anti-retaliation provision.

Trump’s Graduate Student Loan Cap Rules Finalized As Is

The Trump administration Thursday finalized rules implementing new caps on federal loans for graduate students imposed in the GOP’s tax-and-spending law.

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OPEC+ Agrees Symbolic Quota Hike as UAE Touts Oil Investment

Major OPEC+ nations agreed on a modest and symbolic increase in their June production quota levels, as the group sends a business-as-usual message following the surprise exit of the United Arab Emirates. Abu Dhabi at the same moment touted its own growth plans.

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