Risk Management: Page 3
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Your D&O coverage is probably inadequate, a broker says
If it is, you’ll want to know that before facing a shareholder lawsuit, Jason Bishara of NSI Insurance Group says.
By Robert Freedman • Nov. 4, 2024 -
High-profile wins will likely embolden labor unions in 2025: Moody’s
Although only 6% of the private sector workforce is unionized, organized labor in recent years has won high-profile disputes and scored limited but clear gains.
By Jim Tyson • Nov. 1, 2024 -
Trendline
Compensation: solving the cost-talent puzzle
In today’s strong labor market, CFOs leery of raising wages find creative ways to find and retain key employees.
By CFO Dive staff -
SEC cyber rules could survive regardless of election outcome, experts say
As the U.S. presidential election looms, cybersecurity remains a bipartisan focus, experts said during a joint CFO Dive and CIO Dive live event.
By Grace Noto • Nov. 1, 2024 -
Fed’s preferred inflation gauge speeds up, validating slower easing pace
The faster-paced gain in the core personal consumption expenditures price index coincided with reports of unexpected strength in the economy and household spending.
By Jim Tyson • Oct. 31, 2024 -
Trump tariff would cost households $3,000 next year: Tax Policy Center
Since Trump last year proposed a blanket import tax, several studies have indicated that the benefits of such tariffs would fall far short of the costs to U.S. households and economic growth.
By Jim Tyson • Oct. 29, 2024 -
Fewer companies passing on higher prices to consumers: NABE
The hard-to-predict outcome of the Nov. 5 election and its aftermath is not chilling business plans for investment and hiring, NABE said.
By Jim Tyson • Oct. 28, 2024 -
Consumer sentiment hits 6-month high, exceeding expectations
Household spending, the labor market and the broader economy have shown signs of unexpected strength in recent weeks.
By Jim Tyson • Oct. 25, 2024 -
Only 4% of companies reap full value from AI: BCG
The share of companies worldwide that are at least experimenting with AI has surged this year to 98% from 47% last year, BCG found in a survey.
By Jim Tyson • Oct. 24, 2024 -
Most finance leaders believe sustainability targets out of reach: EY
CFOs leading companies active in the U.S. and Europe face a “fluid picture” when attempting to meet regulations for sustainability reporting, EY said.
By Jim Tyson • Oct. 23, 2024 -
AICPA asks IRS for fresh cannabis tax guidance
The potential reclassification of marijuana as a Class III controlled substance has raised questions about tax benefits cannabis companies stand to gain.
By Maura Webber Sadovi • Oct. 22, 2024 -
SEC settles charges with 4 firms it says downplayed SolarWinds hack exposure
The agency alleged Unisys, Avaya, Check Point Software and Mimecast misled investors about the extent of their respective cyber risks.
By David Jones • Oct. 22, 2024 -
Weakening manufacturing demand clouds economic outlook: Conference Board
Amid minor headwinds to economic growth, “client concerns have shifted from recession to re-acceleration,” according to analysts at Bank of America Securities.
By Jim Tyson • Oct. 21, 2024 -
Huntington Bank CFO sees acceleration of fintech venture opportunities
Declining interest rates are opening the gateway for a “regrowth” of funding activity, Huntington Bank CFO Zachary Wasserman said.
By Grace Noto • Oct. 21, 2024 -
Many middle market firms in ESG ‘wait and see’ mode, RSM says
While 75% of mid-sized companies have begun preparing for new climate-related regulations, 84% of respondents said they are monitoring developments before taking further action.
By Chris Gaetano • Oct. 21, 2024 -
RTX to pay more than $950M in bribery, fraud settlement: DOJ
The Securities and Exchange Commission alleged that last decade RTX, formerly known as Raytheon, used bogus subcontracts with a supplier to pay bribes of nearly $2 million.
By Jim Tyson • Oct. 18, 2024 -
Retail sales exceed forecasts, underscoring solid 2024 economic growth
Recent signs of vitality have prompted some economists to mark up growth forecasts, despite weakness in manufacturing and a hiring slowdown early in the summer.
By Jim Tyson • Oct. 17, 2024 -
NYSE poised to curb serial reverse stock splits
The New York Stock Exchange is proposing rule changes to protect investors from deeply distressed companies that are “inappropriate for trading.”
By Maura Webber Sadovi • Oct. 16, 2024 -
M&A dealmakers seize on AI as strategic ‘cornerstone’: Dykema
AI has spurred M&A volume in 2024, Dykema said, noting 55 transactions targeting AI start-ups during the first quarter compared with 38 during the final quarter of last year.
By Jim Tyson • Oct. 16, 2024 -
November election, event risks loom, drive volatility: Bloomberg Intelligence
Finance chiefs should look to maintain robust, flexible portfolios as election and economic risks continue to impact volatility, Bloomberg’s Tanvir Sandhu advised.
By Grace Noto • Oct. 16, 2024 -
Most accountants see ethical challenges increasing: ACCA
Two-out-of-five accountants said they most frequently face ethical challenges at work because of weaknesses in company leadership and culture, the ACCA said.
By Jim Tyson • Oct. 15, 2024 -
How hasty digital transformations can backfire
The stakes are high as companies race to adopt cutting-edge technologies like artificial intelligence and look to avoid falling behind competitors.
By Alexei Alexis • Oct. 15, 2024 -
Opinion
A CFO roadmap for successful and safe AI implementation
Teams must ensure that proper data governance and management policies are in place before even considering AI adoption, writes AvePoint’s Jim Caci.
By Jim Caci • Oct. 15, 2024 -
Female CFOs, CEOs at big companies outearn male counterparts
Women have made gains in recent decades at companies of all sizes but are far from attaining parity in all ways with men in the workplace, according to recent reports.
By Jim Tyson • Oct. 14, 2024 -
5 tips for businesses filing hurricane-related insurance claims
With Hurricanes Helene and Milton estimated to have cost tens of billions of dollars in damage, it’s important for businesses to carefully document the impact when filing insurance claims.
By Maura Webber Sadovi • Oct. 11, 2024 -
SEC sanctions Moog Inc. for alleged bribes, accounting flaws in India
The SEC and Justice Department filed 21 enforcement actions last year alleging violations of the Foreign Corrupt Practices Act.
By Jim Tyson • Oct. 11, 2024