YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
General Electric officials said Wednesday the company is under investigation by the U.S. Securities and Exchange Commission.
Investigators are said to be looking into a $6.2 billion insurance loss GE revealed last week.
They're also investigating the company's accounting, Chief Financial officer Jamie Miller told analysts during a conference call.
"We are cooperating fully with the investigation, which is in very early stages," Miller said, noting the SEC specifically is looking at "revenue recognition and controls" for the company's long-term service agreements.
Read more from CNNMoney.
An Ozark resident is aiming to serve up retail sales with a focus on the rapidly growing sport of pickleball.
Billy Long faces scrutiny over recent donations
New Plaza Towers owner revives vision for landmark building
Curb Appeal: Nearly $4M residence among 27 listings in March
KC developer sentenced to prison for fraud
Barc-ee's, now closed, to return in some form