Will the U.S. economy go into a slowdown or recession? Elevated risk of accounting fraud serves as a useful signal, according to our recent research.
What is financial reporting and can it be manipulated?
Publicly traded companies in the United States must issue quarterly financial statements. These accounting reports allow players in the economy to make better, more informed decisions.
However, companies sometimes manipulate financial statements to hide their true state of business. For example,…
Instead of paying for his children’s education, Laurel Bush provided them with jobs at his Kentucky Fried Chicken franchise.
Marilyn K. Bush used her hard-earned dollars from the family business to pay tuition for Visitation Academy of St. Louis and later, Saint Louis University. To save money, Bush transferred to St. Louis Community College at Meramec in 1981 to earn an associate degree.
“My path to St. Louis Community College had a lot to do with the quality of the staff and educational courses…
Located in the ballpark’s Budweiser Terrace right field, the restaurant will serve what the company called "a handful" of the brand’s menu items, including its original double and bacon double steakburgers, shoestring fries and cheese curds.
St. Louis-based grocery store chain Dierbergs Markets will serve as the second anchor tenant for the $211 million Market at Olive redevelopment in University City, and incentives for the project could follow.
Lambert airport reported that it counted 13.7 million passengers last year, up from 2021 but off nearly 14% from 2019, before the Covid-19 pandemic disrupted air travel.
The St. Louis Metropolitan Police Department is investigating the fatal shooting of a man Monday morning near downtown St. Louis' Globe Building.
Police said shortly before 10 a.m., officers received a call for help regarding a shooting in the 700 block of North Tucker Boulevard. There, they found a man in his 40s who had been shot in the head. He was pronounced dead.
A preliminary investigation found that the man was involved in a fight with another man at a nearby Shell gas station shortly…
The new arcade follows the success of Mission Taco Joint's first arcade, located at its Kirkwood restaurant, and it will also serve as a private event space with a capacity for up to 150 people.
A program of the Better Business Bureau recently issued a recommendation that Molson Coors discontinue using the phrase "light beer shouldn't taste like water. it should taste like beer." While the ad didn't specifically call out beer competitors, St. Louis-based Anheuser-Busch challenged the ad through an expedited process through the BBB's National Advertising Division.
The St. Louis Battlehawks are the talk of the town after their 2-0 start in the 2023 XFL season.
The reimagined XFL launched in mid-February with the Battlehawks returning to the field. They started their season on the road against the San Antonio Brahmas where the Battlehawks completed a comeback win.
Their second game of the season came against the Seattle Sea Dragons on the road as well. The Battlehawks would go on to win the game on a walk-off, 44-yard field goal from Donny Hageman.
The…
Soccer fans who want to grab a bite to eat and catch early morning matches now have a place to gather in downtown St. Louis.
The Pitch Athletic Club & Tavern, located at Market and 20th streets on the northwest corner of St. Louis Union Station, opened its doors Monday. It sits across the street from St. Louis City SC's stadium CityPark.
The Pitch is open seven days a week for lunch and dinner. It will open early on weekends for fans who follow international soccer matches, with breakfast served…
What happened to Janae Edmundson was not an accident. Rather, downtown residents write, it was the inevitable result of a conspiracy of silence, indifference and inaction regarding the deteriorating condition of the neighborhood. They offer "a sensible roadmap" to prevent such a tragedy from happening again.
Since Janae Edmondson's parents told her she no longer has her legs, the 17-year-old standout volleyball and basketball star has asked them if they will still love her.
Her mother told her: "Of course I will. I told her, 'If I cut all my hair off, would you still love me? This is no different.'"
She tearfully recalled the moment before 22nd Judicial Circuit Judge Rochelle Woodiest, who was considering a motion from Daniel Riley to set a bond for him as he awaits trial.
Woodiest ordered Riley…
A judge said the St. Louis circuit attorney has two weeks to respond to the allegations made against her by the Missouri attorney general.
Judge John Torbitzky gave the 14-day deadline in a filing Monday. Circuit Attorney Kim Gardner is the subject of a "petition of quo warranto" filed last Thursday by Attorney General Andrew Bailey. Bailey wants to remove Gardner from office.
Gardner must file her plea, or response, to the petition and send a copy to Bailey's office. Gardner can remain in office…
A St. Louis private equity firm has made a "growth investment" in a Massachusetts-based clinical data management business that developed a cloud-based software platform to speed up and simplify clinical research.
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