Grant Bonanza: Fort Worth Approves Funds for Businesses Impacted by Hotel Explosion

Fort Worth, Texas—The city of Fort Worth has approved grants for businesses affected by a recent hotel explosion, providing much-needed relief to those impacted by the tragedy. The grants are set to assist these businesses in recovering from the economic challenges they have faced in the aftermath of the blast. The decision to allocate funding for the affected businesses comes after a thorough assessment of the impact of the explosion on the local economy. By …

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Financial Reporting Impacted by Terrorism and Mass Shootings: Study Shows Companies Become More Cautious

New York, New York: A recent study published in the British Accounting Review suggests that businesses tend to exercise greater caution in their financial reporting following a terrorist attack or mass shooting. The study, conducted by Seda Oz, an assistant professor of accounting at the University of Waterloo in Canada, found that companies located in areas affected by such events tend to display a decline in accrual-based and real earnings management, as well as pessimistic …

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