Risk Management: Page 25
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US Chamber urges SEC to delay cyber rule implementation
The SEC has “chosen speed over accuracy” while ignoring important business community concerns in pushing out the new regulations, the U.S. Chamber of Commerce asserts.
By Alexei Alexis • Aug. 15, 2023 -
CEOs plan to raise wages at least 3%: Conference Board
U.S. companies across a range of industries seek to gain an edge in an unusually tight labor market by increasing pay.
By Jim Tyson • Aug. 14, 2023 -
CEOs plan for recession despite steady growth
Top executives are preparing for a downturn, a CEO survey showed, despite 2.4% growth, slowing inflation and brighter consumer sentiments.
By Jim Tyson • Aug. 11, 2023 -
Inflation cools, validating slowdown in Fed rate hikes
Although gains in the prices of many goods and services slowed in July, shelter and fuel costs rose at rates that may limit disinflation in coming months.
By Jim Tyson • Aug. 10, 2023 -
Data privacy startup Osano secures $25M funding boost
The company is looking to beef up some of its key teams amid growing business demand for tools to keep pace with constantly evolving data privacy requirements.
By Alexei Alexis • Aug. 10, 2023 -
Pot firm says ex-CFO wrongly racked up over $350K in personal charges
Trulieve revealed its investigation's findings as the cannabis industry struggles with high taxes, competition from illegal sellers and falling prices.
By Maura Webber Sadovi • Aug. 10, 2023 -
6 CFO tips for handling the backlash against ESG
The ESG backlash has compelled companies to alter their sustainability strategies, including ensuring close alignment with core business goals, the Conference Board said.
By Jim Tyson • Aug. 9, 2023 -
WhatsApp at center of $289M fines imposed on financial firms
The penalties bring to $1.5 billion the amount companies have paid since the SEC launched an initiative in 2021 to curb employees' use of off-channel messages.
By Robert Freedman • Aug. 9, 2023 -
Small business pessimism eases: NFIB
Many economists have recently scuttled recession forecasts even as most small businesses still complain about persistent inflation and a tight labor market.
By Jim Tyson • Aug. 8, 2023 -
C-suite execs waver on AI amid regulatory uncertainty: KPMG
The technology is drawing close scrutiny in Washington over concerns that it poses risks in areas such as data privacy and security.
By Alexei Alexis • Aug. 8, 2023 -
Gensler pressured by 80 Democrats to adopt climate risk rule
Democrats backed a proposed SEC rule on carbon emissions disclosure following GOP-backed hearings last month aimed at curbing federal promotion of ESG principles.
By Jim Tyson • Aug. 7, 2023 -
Record number of ESG shareholder proposals go to a vote
As of June 30, approval rates for shareholder proposals focused on environmental and social issues fell compared to all of 2022, Diligent Market Intelligence said.
By Jim Tyson • Aug. 4, 2023 -
CFOs see brighter economic prospects: survey
Optimism in the economic outlook is far stronger in North America than in Europe and Asia, according to two accounting organizations.
By Jim Tyson • Aug. 2, 2023 -
Patterson, Richard. Retrieved from Flickr.
Traceable takes on digital fraudsters with AI
The startup’s fraud detection solution zeroes in on APIs, which are increasingly becoming prominent vectors for cybercriminals.
By Alexei Alexis • Aug. 2, 2023 -
CBRE sees office vacancy peaking at 19.7% next year
The office slump is giving budget-conscious tenants more clout as rents are softening — even in pricey markets like San Francisco and Boston.
By Maura Webber Sadovi • Aug. 1, 2023 -
Banks plan to tighten credit: Fed
Despite greater caution among banks, economic growth accelerated during the second quarter.
By Jim Tyson • Aug. 1, 2023 -
Opinion
It’s time for family-owned firms to put private equity on the table
Well-publicized cases of bad behavior have fueled certain biases against private equity. But family-owned businesses shouldn’t ignore the financial lifeline that PE can offer, Bob Goldsmith argues.
By Bob Goldsmith • July 31, 2023 -
Photo by Tima Miroshnichenko from Pexels
Workers say surveillance makes them less productive — if they even know about it
While employers have sought surveillance to improve remote productivity, various studies and surveys indicate that such monitoring could be counterproductive.
By Kathryn Moody • July 31, 2023 -
SEC’s Munter warns of ‘purported’ crypto audits
The SEC’s chief accountant called out the practice by which some crypto companies pay for less “precise” reviews of their business that they misrepresent to investors as audits.
By Maura Webber Sadovi • July 28, 2023 -
Bed Bath & Beyond’s Etlin: Lessons for CFOs staring down bankruptcy
With the messy task of closing hundreds of Bed Bath & Beyond stores poised to be completed this month, the home-goods retailer’s Holly Etlin reflects on her role as a kind of “uber CFO.”
By Maura Webber Sadovi • July 27, 2023 -
Most accounts receivable teams are behind schedule: survey
Fraud and missing information are some of the culprits behind slow invoice payments, Versapay CFO Russell Lester said.
By Chris Gaetano • July 26, 2023 -
SEC votes to overhaul disclosure rules for material cyber events
After a fierce debate, the agency voted to require companies to come clean on material breaches and attacks within four business days of determination.
By David Jones • July 26, 2023 -
Opinion
How CFOs and businesses can get (or stay) ahead of rising rates
The Federal Reserve is widely expected to raise the benchmark rate again this week. Finance executives must adjust their strategies, PwC’s Wes Bricker asserts.
By Wes Bricker • July 25, 2023 -
UPS, Teamsters reach tentative agreement on national contract
The tentative deal is a welcome development for the shippers and businesses that rely on UPS. The agreement still needs to be reviewed and voted on by union-represented employees.
By Max Garland • July 25, 2023 -
Investigations are causing data breach costs to skyrocket, IBM finds
Organizations are under mounting pressure to conduct more thorough investigations as the complexity of data breaches grow.
By Matt Kapko • July 24, 2023