- Business notebook: Cape salon picked as one of nation's top 200 (4/17/17)
- Man out on bond for alleged molestation of boys charged with abusing girl (4/18/17)
- Pilot House goes smoke-free (4/23/17)9
- New policy for semissourian.com online commentary: No pseudonyms (4/17/17)57
- Without city record, Marie Street residents on hook for thousands in sewer repairs (4/19/17)7
- Going the distance: Several locals participate in Boston Marathon (4/18/17)2
- City wants to put hold on shipping container houses for now (4/17/17)1
- Deputy: Man kicked, broke uncle's ribs after yard-work dispute (4/19/17)
- Cape councilman Bob Fox to run for mayor (4/21/17)5
- Scott County: M Kay Supply in Benton fills unique needs in community (4/14/17)
AOL may have improperly recognized some revenues
NEW YORK -- AOL Time Warner Inc. acknowledged Wednesday that it may have improperly recognized revenues from three transactions at its America Online unit, whose accounting practices are being scrutinized by federal regulators.
AOL Time Warner said in a statement that the transactions in question totaled approximately $49 million occurring over a period of a year and a half. The company said it was still examining those and other transactions at AOL and has not yet made a determination on if they were accounted for properly.
AOL Time Warner's finances have been called into question after a series of articles appeared in The Washington Post last month detailing unusual techniques the AOL division used for accounting for revenues.