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Scandal-Plagued KPMG To Cut Australian Workforce Following Government Contract Suspension
Scandal-Plagued KPMG To Cut Australian Workforce Following Government Contract Suspension
A major consultancy firm under fire for misconduct in its audit business is cutting its local workforce following a suspension from applying for new government contracts.
KPMG’s U.S. headquarters at Two Manhattan West. Photo via Emily Louick Photography and Entropy Film Works Inc.
KPMG - one of the "Big Four" accounting firms alongside Deloitte, PwC, and EY - revealed on Aug. 24 that its annual revenue dipped 1 percent to $2.26 billion (US$1.62 billion) in fiscal 2026. The firm also warned of...
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Jul 6, 2026 / Tyler Durden
China CXMT Testing Production Line for Next-Gen Bonded DRAM, Closing Tech Gap With Korea "Far Faster Than Expected"
Jun 6, 2026 / Tyler Durden
Feds Launch Probe Into California's Elections
Feds Launch Probe Into California's Elections
Days after California’s primary election, the votes are still being counted, and the winners are still unknown, and no one, save for California officials, seems happy about it.
“The fact that California elections often can't be resolved for weeks is kind of insane and not common in other electoral systems around the world," Political data analyst Nate Silver wrote on X on Tuesday.
"Like honestly 'it's going to take us several weeks to tell you who won the election' is failed state sh-t and should...
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Mar 16, 2026 / Kyle Anzalone
Cuba Suffers Blackout as Trump Says ‘Something Will Happen Quickly’
President Donald Trump believes he will reach a deal with Cuba as his economic war has caused the collapse of the island’s electric grid. On Sunday, Trump told reporters on Air Force One that he believes “something will happen with Cuba pretty quickly,” but added that he must finish the war with Iran first. “Cuba […]
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