AICPA drafts more revenue recognition guidance (Accounting Today) - The American Institute of CPAsâ Financial Reporting Executive Committee has released several more working drafts of industry-specific guidance related to various implementation issues involving the revenue recognition standard and is asking for feedback on them.
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13 chains taking over America (Business Insider) - Retailers and restaurant chains are closing thousands of locations this year, but it's still nearly impossible to travel more than 10 miles without running into a Subway or McDonald's.
Why gas-powered cars aren't going away (CNN) - The internal combustion engine has been around more than a century. And it should be around for decades to come, despite Volvo's announcement Wednesday that it will move away from cars powered only by gasoline.