- Legal discrimination complaint, ethics complaint filed in Scott City government (3/22/17)11
- Business notebook: Cape native goes from farm to mobile-food operation (3/20/17)1
- Mall aboard: Future requires evolution at West Park Mall (3/24/17)10
- Former Scott City administrator: 'I was forced to resign' (3/21/17)6
- Triplett manslaughter case set for July 2018 (3/21/17)2
- Former Southeast softball coach sues Board of Regents; seeks damages and her job back (3/23/17)11
- Two people found dead in Advance house fire (3/21/17)
- Two local lawmakers back charter school bill; Perryville lawmaker objects to measure (3/19/17)23
- Two Cape men charged with second-degree murder of Grandi (3/21/17)2
- Cairo man pleads guilty to bank murders (3/17/17)1
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.