Strategy & Operations: Page 2
-
AndreyPopov via Getty Images
Companies cut salary budget increases to 3.6%, trim promotions: Mercer
Plans for slower gains to salaries align with Thursday data showing that economic growth slowed to just 1.6% last quarter, far less than expected.
By Jim Tyson • April 25, 2024 -
Michael Loccisano/FilmMagic via Getty Images
Former Chuck E. Cheese exec takes Dave & Buster’s CFO seat
The change comes as Dave & Buster's looks to drive growth through a dining experience overhaul, among other initiatives.
By Alexei Alexis • April 25, 2024 -
Explore the Trendline➔
KanawatTH via Getty Images
TrendlineCFO best practices in the evolving generative AI era
As the initial frenzy around the launch of generative artificial intelligence subsides, a new GenAI era appears to be taking shape.
By CFO Dive staff -
kentoh via Getty Images
More M&A players hold back stay-bonus ‘dry powder,’ WTW says
Despite a recent uptick in mergers and acquisitions, some buyers are nonetheless growing more guarded about tapping their retention bonus budgets.
By Maura Webber Sadovi • April 24, 2024 -
mphillips007 via Getty Images
FTC approves nationwide noncompete ban
In a difference from the proposed rule, senior executives subject to a noncompete agreement previously will remain subject to it; the ban will apply to executives going forward.
By Robert Freedman • April 24, 2024 -
Retrieved from Kona Bicycles.
PE-backed Kent Outdoors seats new CFO, hunts for Kona Bicycles buyer
Rob Otto is joining the Utah-based company as it puts a beloved mountain bike maker on the block and pivots to focus on water sports.
By Maura Webber Sadovi • April 23, 2024 -
OlyaSolodenko/iStock via Getty Images
Stubborn inflation to keep rates ‘higher for longer’: Fannie Mae
Economists have marked down their estimates for the number of quarter-point cuts to the federal funds rate from as many as six to one or two.
By Jim Tyson • April 23, 2024 -
Courtesy of ADM
ADM’s suspended CFO to resign amid accounting scandal
Vikram Luthar — who was placed on a forced leave in January — will assist the company and be paid his base salary until his resignation is effective on Sept. 30.
By Maura Webber Sadovi • April 23, 2024 -
"U.S. Securities and Exchange Commission headquarters in Washington, D.C., near Union Station" by AgnosticPreachersKid is licensed under CC BY 3.0
High Court ruling eases blow of SEC’s new cyber rules: analysts
The court’s decision in Macquarie Infrastructure Corp. v. Moab Partners makes it harder for plaintiffs to bring claims based on omissions in SEC filings.
By Alexei Alexis • April 23, 2024 -
rgbdigital via Getty Images
Controllers hunt for workarounds to ‘continuous’ reporting, accountant shortage
As leaders of their firms’ accounting operations, many controllers are outsourcing work and using AI to speed accounts payable and receivable tasks.
By Chris Gaetano • April 19, 2024 -
LeoPatrizi via Getty Images
CFOs forecast stronger economy amid stubborn inflation: ACCA, IMA survey
Top financial executives across North America ranked inflation as their top “risk priority,” ACCA and IMA found in a survey.
By Jim Tyson • April 19, 2024 -
Bo Shen via Getty Images
CEOs, CFOs can’t get non-prosecution agreement under DOJ pilot
Criteria released by the Department of Justice April 15 lets corporate executives know if they stand a good chance of avoiding charges for coming forward with misconduct allegations.
By Robert Freedman • April 19, 2024 -
Getty Images via Getty Images
Powell: Inflation data deny Fed ‘greater confidence’ needed to cut rates
The Fed chair is just one of many policymakers who, in the face of persistent price pressures, has voiced no urgency in reducing borrowing costs.
By Jim Tyson • April 16, 2024 -
Mark Wilson via Getty Images
Biden tax negotiator rejoins KPMG as election weighs on Pillar 2 prospects
Although the U.S. has yet to sign on, the OECD’s new Pillar Two tax rules already apply in more than 30 countries, Michael Plowgian said.
By Maura Webber Sadovi • April 16, 2024 -
Chip Somodevilla via Getty Images
70% of CEOs feel ready to deliver on responsible GenAI
The intense focus on safe and ethical GenAI use comes as the technology’s rapid rise is prompting scrutiny from governments around the world.
By Alexei Alexis • April 16, 2024 -
benimage via Getty Images
Retail sales surge as economy enters Q2 spurred by spend-happy consumers
After the release of the retail sales data, the Federal Reserve Bank of Atlanta upgraded its estimate for the annualized rate in first quarter GDP growth to 2.8% from 2.4%.
By Jim Tyson • April 15, 2024 -
Pixsooz via Getty Images
How AI speeds ‘hugely time-consuming’ pricing, quote tasks
Artificial intelligence could cut anywhere from 30% to 70% of the time businesses spend on the quote process, according to Lydia DiLiello, CEO of Capital Pricing Consultants.
By Maura Webber Sadovi • April 15, 2024 -
Techa Tungateja via Getty Images
Cyberattacks pose biggest business threat, small companies say
Small businesses in professional services are more concerned about cyber risk than those in manufacturing or other services, the U.S. Chamber of Commerce said.
By Jim Tyson • April 12, 2024 -
Sensay via Getty Images
Scribd promotes CFO to CEO following expansion push
Scribd is tapping its former CFO for the role after moving to streamline its offerings, including breaking its document and book content into two distinct platforms.
By Grace Noto • April 12, 2024 -
Brandon Bell via Getty Images
Lack of uniform standards and disclosures a roadblock to scaling transition finance: report
A lack of standardized definitions, metrics and transition finance instruments endorsed by international organizations threatens broader adoption, the CFA Institute said.
By Suman Bhattacharyya • April 11, 2024 -
Gordan1 via Getty Images
Inflation outruns forecasts, prompting market bets on fewer Fed rate cuts
Futures traders cut from 56% to 17% the odds that the Fed will conclude 2024 having trimmed the main rate by more than a half percentage point.
By Jim Tyson • April 10, 2024 -
Moses Robinson via Getty Images
KFC names new CFO amid push to boost sales
The finance leadership change comes as KFC struggles with dwindling traffic in a dicey economic environment.
By Alexei Alexis • April 10, 2024 -
SonerCdem/iStock/Getty Images Plus via Getty Images
Hiring will likely grow even as economy slows in Q2, Q3: Conference Board
Employment will likely remain strong as the supply and demand for labor gradually come into better balance, economists said.
By Jim Tyson • April 9, 2024 -
Win McNamee via Getty Images
Capital One’s Discover bid tops biggest Q1 tech-related deals
The proposed Capital One-Discover merger made the list because of fintech issues that are at stake in the $35.3 billion deal.
By Alexei Alexis • April 9, 2024 -
DNY59 via Getty Images
6 tips to tackle unpaid invoices as average DSO rises to 59 days
Monitoring and keeping DSO in check is key to preventing cash flow difficulties, Allianz Trade’s Ano Kuhanathan says.
By Maura Webber Sadovi • April 8, 2024 -
iStock/Getty Images Plus via Getty Images
Companies fall short on curbing cybersecurity risks from vendors: Moody’s
Cyberrisks are mounting, with artificial intelligence likely to increase the threat of attack in the short to medium term, Moody’s said.
By Jim Tyson • April 8, 2024
Previous
