Risk Management: Page 10
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Companies signal pullback on Israel-Gaza philanthropy: Conference Board
As the conflict enters its second year, some companies will likely wind down funding commitments amid concern about backlash to corporate policies, the Conference Board’s Andrew Jones said.
By Maura Webber Sadovi • Oct. 7, 2024 -
Jonathan Drake/Reuters
Hurricane Helene aftermath prompts card, cash troubles
After the storm ripped through the southeastern U.S., consumers and merchants have been left grappling with card network outages and cash shortages.
By Lynne Marek • Oct. 4, 2024 -
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Generative AI hits 28% usage rate, spreads throughout US workplace: NBER
By March generative AI’s most common tools had been accessed more than 3 billion times by hundreds of millions of users every month.
By Jim Tyson • Oct. 3, 2024 -
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US corporate commitment to diversity in decline, McKinsey says
“Progress is surprisingly fragile, especially for women of color, who continue to be underrepresented at every level” of the corporate hierarchy, McKinsey said.
By Jim Tyson • Oct. 2, 2024 -
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Deloitte teams up with contract data analytics firm Pramata
Pramata’s focus on protecting clients from generative AI “hallucinations” was a key reason it was selected to become a Deloitte partner.
By Alexei Alexis • Oct. 2, 2024 -
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Fed’s Cook says ‘impressive’ AI innovation has yet to lift productivity
Cook highlighted the long-term potential of artificial intelligence to spur economic growth, lift wages and ease price pressures.
By Jim Tyson • Oct. 1, 2024 -
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California governor vetoed SB 1047. What’s next for AI regulation?
The contentious bill had garnered support from Hollywood and criticism from big tech. Gov. Gavin Newsom attributed his veto to the bill’s scope and broad language.
By Lindsey Wilkinson • Sept. 30, 2024 -
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Powell says Fed policymakers not ‘in a hurry’ to cut interest rates
“We’re recalibrating policy to maintain the strength in the economy, not because of weakness in the economy,” Federal Reserve Chair Jerome Powell said.
By Jim Tyson • Sept. 30, 2024 -
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A look at 7 Supreme Court cases Big Business will be watching
The court’s term begins Oct. 7 with a docket that involves corporate securities, labor, RICO and environmental questions.
By Justin Bachman • Sept. 30, 2024 -
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IPOs rebound through Q3 on prospect of falling interest rates: EY
Despite the emerging recovery, several headwinds to IPOs persist, including conflicts abroad and the hard-to-predict outcome of the Nov. 5 election, EY said.
By Jim Tyson • Sept. 27, 2024 -
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GDP growth exceeds forecasts as Fed governor warns of excessive easing
Federal Reserve Governor Michelle Bowman was the sole policymaker to oppose a decision to cut the main interest rate by a half percentage point.
By Jim Tyson • Sept. 26, 2024 -
Retrieved from Lynne Marek on March 04, 2022
Moneygram faces backlog after outage
The international wire transfer company has restarted some services after a cyberattack forced its systems to be shut down.
By Lynne Marek • Sept. 26, 2024 -
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CFOs trim spending while facing hazy post-election prospects: Fed survey
The hard-to-predict outcome from the presidential election in November has shown several signs of sapping business confidence.
By Jim Tyson • Sept. 25, 2024 -
Courtesy of Norfolk Southern
Norfolk Southern acting CFO goes permanent amid C-suite shakeup
The Atlanta-based freight rail operator is refilling its ranks with insiders after firing its CEO and chief legal officer who were found to be having an affair.
By Maura Webber Sadovi • Sept. 25, 2024 -
Chip Somodevilla via Getty Images
SEC charges 12 companies with flawed record-keeping, imposes $88M in fines
SEC Chair Gary Gensler, during a congressional hearing, came under fire from Republicans asserting that he should use regulation more than enforcement to correct company record-keeping.
By Jim Tyson • Sept. 24, 2024 -
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Dark web exposure is ‘highly correlated’ with cyberattack risk
Organizations that are mentioned in dark web market listings are more than twice as likely to experience an attack, Marsh McLennan found.
By Alexei Alexis • Sept. 24, 2024 -
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Data privacy concerns swirl around generative AI adoption
IT and business professionals fear the technology's adoption can lead to data leakage, according to a Deloitte report.
By Roberto Torres • Sept. 24, 2024 -
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Services spur growth as coming election jars business confidence: S&P
“The economy continues to offer mixed signals about its underlying strength,” Minneapolis Fed President Neel Kashkari said Monday.
By Jim Tyson • Sept. 23, 2024 -
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Harris, Trump contest raises the stakes on six salient policy points: EY
“There are more similarities than many people realize between Harris and Trump on some key issues,” according to an EY political analyst.
By Jim Tyson • Sept. 20, 2024 -
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Fed rate cut unlikely to boost manufacturing until 2025, experts warn
The looming presidential election is still sparking uncertainty in the industry, pushing manufacturers to spend with caution.
By Kate Magill • Sept. 20, 2024 -
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CFOs shy away from risk amid hazy political outlook: Deloitte
Bolstering the case for CFO caution, the Conference Board’s Leading Economic Index declined in August for the sixth consecutive month.
By Jim Tyson • Sept. 19, 2024 -
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CFOs juggle strategy, economic pressures in AI push: Billtrust
Heightened pressure to deliver strategy could push CFOs to adopt GenAI faster than previous technologies, Billtrust CEO Sunil Rajasekar said.
By Grace Noto • Sept. 18, 2024 -
Anna Moneymaker via Getty Images
Fed cuts main rate by half point, voices confidence inflation falling
The central bank trimmed borrowing costs from a two-decade high after policymakers noted their growing concern about softening in the labor market.
By Jim Tyson • Sept. 18, 2024 -
Courtesy of Mastercard
Mastercard CFO to continue working after cancer diagnosis
Decisions on medical disclosures can be challenging for companies but Mastercard’s approach drew high marks from some corporate governance experts.
By Maura Webber Sadovi • Sept. 17, 2024 -
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Retail sales highlight consumer strength as Fed mulls size of rate cut
Even with solid retail sales data, traders in interest rate futures increased odds that the Federal Reserve will cut the benchmark interest rate Wednesday by a half point.
By Jim Tyson • Sept. 17, 2024
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