Risk Management: Page 4
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OpinionHealthcare’s paper check disease
“The persistence of paper checks for patient refunds is not just an inconvenience — it's a symptom of a larger problem that threatens the very sustainability of healthcare organizations,” one software firm CFO writes in this opinion piece.
By Seton Marshall • Oct. 11, 2024 -
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Core consumer price inflation rises 3.3%, outpacing expectations
Despite higher-than-forecast price pressures, John Williams, president of the Federal Reserve Bank of New York, said “inflation has come within striking distance of our 2% goal.”
By Jim Tyson • Oct. 10, 2024 -
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TrendlineCompensation: 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 -
"Royal Bank of Canada's global headquarters at 200 Bay Street in Toronto, Canada" by Francisco Diez is licensed under CC BY 2.0
RBC’s ousted CFO lands at Canaccord
In April the Royal Bank of Canada fired its then CFO Nadine Ahn, citing an “undisclosed personal relationship” that violated its code of conduct. Ahn subsequently sued RBC for wrongful dismissal.
By Maura Webber Sadovi • Oct. 10, 2024 -
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Deep DiveOpenAI’s $6.6B raise puts it at the tech’s vanguard. Will it be enough?
The raise left the Microsoft-backed company valued at $157 billion. But is a stable, profitable company lurking underneath all that funding?
By Grace Noto • Oct. 10, 2024 -
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Election delays some M&A deals: report
Dealmakers are grappling with uncertainties around upcoming elections in the U.S. and elsewhere, a Datasite survey found.
By Alexei Alexis • Oct. 9, 2024 -
Photo illustration: Industry Dive; Joe Readle/Getty Images; Brandon Bell/Getty Images
C-suites say both Trump and Harris would hurt U.S. competitiveness: PwC
The hard-to-predict outcome from the Nov. 5 election has compelled CFOs to scale back business expectations and forgo investment, recent surveys show.
By Jim Tyson • Oct. 9, 2024 -
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Small business uncertainty hits record high: NFIB
High borrowing costs, a major cause of uncertainty, show no signs of easing even though the Federal Reserve last month cut the main interest rate by a half percentage point.
By Jim Tyson • Oct. 8, 2024 -
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Corporate boards, C-suite teams urged to step up tech focus
The current tech landscape “now demands that businesses reinvent themselves to remain competitive,” according to a report by the National Association of Corporate Directors.
By Alexei Alexis • Oct. 8, 2024 -
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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 -
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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 -
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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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