Strategy & Operations: Page 5
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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 -
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 -
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 -
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 -
SEC charges 12 companies with flawed record-keeping, imposes $88M in fines
SEC Chair Gary Gensler, during a congressional hearing Tuesday, 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 -
Grammarly taps IPO veterans for CFO, CTO
Grammarly doesn't have any “immediate plans” for an IPO, but needs leaders who can “scale an already sizeable, high-growth company," a spokesperson said.
By Maura Webber Sadovi • Sept. 24, 2024 -
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 -
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 -
IBM ups bet on FinOps market in Kubecost buy
The acquisition raises questions, including whether the deal will increase “an already high price tag” for IBM’s FinOps suite, an analyst said.
By Alexei Alexis • Sept. 24, 2024 -
Rate cut to trigger slow rise in real estate investment ‘tide’
Richard Barkham, CBRE’s global chief economist, is expecting “a meaningful uptick” in commercial real estate deals rather than an “explosion.”
By Maura Webber Sadovi • Sept. 23, 2024 -
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 -
Most CEOs expect full return-to-office in 3 years: KPMG
There is a “widening gap” between how executives and employees think about their workplace environments that needs to be taken into account, the report warned.
By Maura Webber Sadovi • Sept. 20, 2024 -
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 -
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 -
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 -
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 -
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 -
Microsoft finance team puts Copilot to the test in transformation push
The software giant’s finance professionals have become some of Copilot's top users in the company, Microsoft’s Cory Hrncirik said.
By Alexei Alexis • Sept. 17, 2024 -
IMAX CFO: Taking a disciplined approach to movie magic
Dubbed a “homegrown talent” when named CFO in 2022, Natasha Fernandes says relationships forged in the finance trenches have been key to her success.
By Maura Webber Sadovi • Sept. 13, 2024 -
Artificial intelligence may boost profit margins 2% over next five years: BofA
“Investors frequently overestimate the magnitude of tech disruption in the near term and underestimate it over the longer term,” Bank of America said.
By Jim Tyson • Sept. 12, 2024 -
Election triggers new tax scenario planning: U.S. Bank survey
Former President Donald Trump has talked about reducing the current 21% corporate tax rate while Vice President Kamala Harris proposed raising it to 28%.
By Maura Webber Sadovi • Sept. 12, 2024 -
Inflation slows to three-year low, clearing way for Fed rate cut
The persistence of shelter cost inflation prompted futures traders to retreat from predictions that policymakers next week will cut the federal funds rate by a half point.
By Jim Tyson • Sept. 11, 2024 -
Small businesses bedeviled by inflation as Fed signals rate cut plan
Inflation persisted last month as the top concern among small businesses, the National Federation of Independent Business said.
By Jim Tyson • Sept. 10, 2024 -
Citi CFO: Businesses mull derisking as uncertainty persists
While the “boil” appears to be coming off inflation, companies are still grappling with uncertainty around elections and rates, Citigroup’s Mark Mason said Monday.
By Maura Webber Sadovi • Sept. 10, 2024 -
B2B payment fraud poised for 2024 surge
The threat can be devastating, with many companies losing more than 30% of their total revenue to fraudulent activities each year, according to a Creditsafe report.
By Alexei Alexis • Sept. 10, 2024 -
Companies boosting salary budgets at near-record pace in 2025
Salaries will likely rise at a robust clip even though the job market since the pandemic has gradually cooled, the Conference Board said.
By Jim Tyson • Sept. 9, 2024