When a company acquires another company, any amount paid that's above and beyond the net asset value of the acquired company gets stuck on the acquiree's balance sheet as intangible assets. One class of intangible assets is goodwill, which isn't amortized and never expires. This is the predicament that AT&T (NYSE: T) found itself in during the fourth quarter.
If you could sum up this year’s federal budget in one word, it would be housing. The federal budget was announced this week and includes heavy investment in affordable housing across the country. Patrick Weiler, MP for West Vancouver–Sunshine Coast–Sea to Sky Country shared insights on how the budget may affect the Coast. Weiler said that to him, housing is the biggest challenge facing the country, the province and the Coast. He said that a shortage of affordable housing impacts the recruitment
General manager Mike Dunleavy Jr. and the rest of Golden State's front office staff had a feeling this season would wind up short of the ultimate goal for a franchise that has won four NBA championships over the past decade. Coach Steve Kerr had hoped the 10th-seeded Warriors could somehow fight through the NBA's play-in tournament and into a playoff series.
A hack that caused a small Texas town’s water system to overflow in January has been linked to a shadowy Russian hacktivist group, the latest case of a U.S. public utility becoming a target of foreign cyberattacks. The attack was one of three on small towns in the rural Texas Panhandle. Local officials said the public was not put in any danger and the attempts were reported to federal authorities. “There were 37,000 attempts in four days to log into our firewall,” said Mike Cypert, city manager
Stocks again failed to hold early gains, with the market power trend about to end. Netflix subscribers jumped in Q1.
In honor of Dickey Betts, who died Thursday, we revisit his past interviews about writing five of The Allman Brothers Band's biggest hit songs.
The 'Hunger Games' actor will replace Henry Cavill as protagonist Geralt of Rivia for the last two seasons
UNITED NATIONS (AP) — The United States vetoed a widely backed U.N. resolution on Thursday that would have paved the way for full United Nations membership for the state of Palestine. The vote in the 15-member Security Council was 12 in favor, the United States opposed and two abstentions. The resolution would have recommended that the 193-member General Assembly, where there are no vetoes, approve Palestine becoming the 194th member of the United Nations. Some 140 countries have already recogni
A prominent Solomon Islands critic of China, the ousted former governor of Malaita province Daniel Suidani, has been reelected, local media reported on Friday, as counting continues in an election being closely watched by China, the U.S. and Australia. The first results in national and provincial elections held in the Solomon Islands are expected to be announced on Friday, as counting continues over the weekend. The national election is the first since Prime Minister Manasseh Sogavare struck a security pact with China in 2022 and drew the Pacific Islands nation closer to Beijing, in moves that concerned the U.S. and Australia because of the potential impact on regional security.
Weather forecasters captured dark clouds rolling over Spokane, Washington, on Thursday, April 18, as showers moved in.Timelapse footage posted by the National Weather Service shows conditions outside of their office on Thursday morning.“The clouds were a bit dark today as the showers rolled in,” they wrote. Credit: NWS Spokane via Storyful
Yahoo Sports’ Jason Fitz, Jori Epstein and senior NFL reporter Charles Robinson discuss how this 2024 running back class is one that lacks a big star. Hear the full conversation on “The Exempt List with Charles McDonald” - part of the “Zero Blitz” podcast - and subscribe on Apple Podcasts, Spotify or wherever you listen.
Iconic Pickens water tower set for makeover; City asking locals to help pick design
"With deep sadness the Allman Brothers Band learned today that founding member Dickey Betts has passed away peacefully in his home," said the group
WRTV's Adam Schumes tells us how the Paul Laurence Dunbar Library is being renovated to honor African American authors.
Is your car's exterior coat a factor in value?
7News presents more updates regarding Tesla's downsizing and what's behind the company's decision.
HARRISBURG, Pa. (AP) — Pennsylvania House Democrats on Thursday proposed a process to determine if state representatives are “incapacitated” and to sanction or expel them, moving in the wake of intense criticism after one of their members voted remotely this week while being sought on charges he violated a restraining order. The resolution introduced by Majority Leader Matt Bradford of Montgomery County would establish a new group consisting of five House leaders to determine if a representative
The U.S. Justice Department has agreed to pay approximately $100 million to settle claims with people who say they were sexually assaulted by Larry Nassar, a source with direct knowledge of the negotiations told The Associated Press.
After getting off to a somewhat rocky start, the hamlet of Enterprise, N.W.T. has four new council members.That brings the municipality back up to six after several of the hamlet's council walked away shortly after the municipal election in February.Genevieve Clarke, Jim Dives, Dave Richards and Michael St. Amour were acclaimed to the hamlet council on Thursday after nominations closed on Monday.Former mayor St. Amour lost his seat to Sandra McMaster in February, with 25 votes to McMaster's 29.
The anguish of Manchester City’s shootout defeat by Real Madrid can inspire the team to ‘do something special’ in the FA Cup semi-final against Chelsea
As Florida's 6-week abortion ban looms, our investigative team wanted to know what Florida can expect using data from states that have already implemented similar restrictions.
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