All articles tagged with #big four
Originally Published 28 days ago — by Financial Times
KPMG's tax business is experiencing faster growth compared to its Big Four rivals, highlighting its competitive edge in the industry.
Originally Published 3 months ago — by Fortune
Cathie Wood states that the AI industry is currently dominated by four major players—OpenAI, Anthropic, xAI, and Google’s Gemini—and may soon consolidate further to just two. She highlights ongoing acquisitions and talent moves as signs of industry consolidation, which could lead to increased AI-driven productivity and economic shifts. Wood also notes that AI investments are growing as companies cut back on traditional employment, potentially benefiting the AI sector.
Originally Published 2 years ago — by Financial Times
Janet Truncale has been selected as the first woman to lead a Big Four accounting firm, as EY appoints her to the position. This move marks a significant step towards gender equality in the industry.
Originally Published 2 years ago — by The San Diego Union-Tribune
The San Diego Padres have been unable to extend their winning streak beyond three games this season, losing in gut-wrenching fashion each time they had a chance. Despite their recent three-game winning streak against the Giants, the Padres are 5.5 games out of the final National League wild-card spot with 24 games remaining. Pitcher Seth Lugo continues to impress, earning an extra $250,000 by reaching an incentive threshold in his contract. The Padres' Big Four hitters have struggled in August but have shown improvement in September, contributing to the team's recent success. Xander Bogaerts had a productive game with four hits, while the Padres were penalized for a "shift violation" for the first time this season.
Originally Published 2 years ago — by Financial Times
EY, one of the Big Four accounting firms, has rejected a proposal by private equity firm TPG to break up the company. TPG's plan aimed to separate EY's audit and consulting businesses, but EY deemed the proposal not in the best interest of its clients and stakeholders.
Originally Published 2 years ago — by The San Diego Union-Tribune
After Juan Soto's criticism of the Padres, they responded with a 10-5 victory over the Diamondbacks, prompting Soto to recant his comments. The Padres played the kind of game they have not often enough, with their Big Four (Xander Bogaerts, Manny Machado, Juan Soto, and Fernando Tatis Jr.) combining for 10 hits, seven RBIs, and seven runs scored. Ha-Seong Kim extended his hitting streak to 16 games, and manager Bob Melvin reached a milestone with his 1,491st victory. Blake Snell believes he should be better despite his impressive performance, and the Padres' inconsistent offense remains a concern.
Originally Published 2 years ago — by Fox Business
Ernst & Young's U.S. arm is laying off around 3,000 employees, primarily in its consulting business, due to current economic conditions and overcapacity. The decision comes less than a week after the unit's objection led to the cancellation of the global accounting giant's plan to break up its audit and consulting units. The layoffs are part of a wave of job cuts hitting Corporate America after the Federal Reserve's quantitative tightening. Ernst & Young is one of the "Big Four" audit and business advisory firms, along with KPMG, Deloitte, and PwC.