Monthly Archives: November 2024

China’s securities regulators have imposed a $62-million fine and six-month suspension on PricewaterhouseCoopers (PwC) for its failures in auditing Evergrande, the Chinese real-estate developer that collapsed in 2021. What were PwC’s oversights? (1) PwC found material misstatements from 2018-2022 financial … Continue reading →

The Barometer has long suspected that there was line-hopping going on as passengers scramble to board flights.  Everyone wants space for their carry-on bag.  And if you are in groups 7-9, well, your bag will be checked. So, passengers are … Continue reading →