Corporate finance

“There isn’t one,” said Patrick Badolato, a professor of accounting. But investors and analysts use “net income” and “EBITDA” in their attempts.

The Senate will vote on confirming three new board members who would enable the Export-Import Bank to perform its full mission. Click the audio player above to hear the full story.

AT&T has $169 billion in debt on its balance sheet. That’s high, even for a telecom company, and until it whittles that debt down AT&T won’t be able to focus on priorities like expanding HBO or developing a 5G network. Part of the reason the company wound up with this massive debt — the biggest of […]

U.S. companies are detatching parts of their operations left, right and center.