Strategy & Operations: Page 6
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Fewer small businesses plan near-term raises, survey says
While the share of small business owners planning near-term raises ticked down, average pay hikes are on track to outpace inflation, according to QuickBooks’ findings.
By Chris Gaetano • Sept. 6, 2024 -
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Honeywell taps insider for CFO seat
The transition comes as Charlotte, North Carolina-based Honeywell’s CEO is laser-focused on accelerating growth.
By Alexei Alexis • Sept. 5, 2024 -
Explore the Trendline➔
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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 -
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August tech layoffs surpassed 26K, highest level since January
Tech job cuts are continuing to pile up as industry leaders zero in on objectives such as freeing up capital to fund AI initiatives.
By Alexei Alexis • Sept. 4, 2024 -
Courtesy of Rite Aid
Rite Aid exits bankruptcy, promotes CFO to CEO
Chief Financial Officer Matt Schroeder will take over the CEO post from restructuring officer Jeffrey Stein.
By Daphne Howland • Sept. 4, 2024 -
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ESG controllers: The newest finance hires
Depending on the company’s structure, the specialized controllers often report to the corporate controller or the CFO, Deloitte’s Kristen Sullivan said.
By Maura Webber Sadovi • Sept. 3, 2024 -
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US manufacturing persists in recession mode, production falls
Producers, responding to “election uncertainty” and monetary policy, held back on capital investment last month, the Institute for Supply Management said.
By Jim Tyson • Sept. 3, 2024 -
CFO Editorial Staff
Tyson Foods appoints new CFO, replacing troubled scion
John R. Tyson was suspended in June following his second drunk driving incident since taking the executive role in 2022.
By Nathan Owens • Aug. 30, 2024 -
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Dollar General CFO cites inflation, cost pressures as shares slump
“The customer will continue to feel financial pressure for the duration of the year,” CFO Kelly Dilts said on the company’s second quarter earnings call.
By Suman Bhattacharyya • Aug. 30, 2024 -
iStock/lechatnoir
Consumer confidence rises despite concern for weakening job market
A Conference Board report Tuesday highlighting improving consumer confidence aligns with a similar survey in early August by the University of Michigan.
By Jim Tyson • Aug. 27, 2024 -
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External CFO hires hit 10-year high
The uptick in companies looking outside their ranks for finance chiefs suggests a lack of succession planning, Crist Kolder's Josh Crist said.
By Maura Webber Sadovi • Aug. 26, 2024 -
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EWA providers crusade against CFPB rule proposal
Earned wage access providers that backed state laws friendly to the industry are preparing for a fight over the Consumer Financial Protection Bureau’s plan to treat such payments like loans.
By Lynne Marek • Aug. 26, 2024 -
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Powell says ‘time has come’ for rate cut, cites weakening labor market
The Fed chair did not indicate the size of a coming interest rate reduction, keeping alive a debate on how far policymakers will cut borrowing costs.
By Jim Tyson • Aug. 23, 2024 -
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Office market approaches ‘peak downsizing’ precipice: CBRE
For the first time since the pandemic, corporate real estate executives’ sentiment has shifted slightly in favor of portfolio expansion, according to a CBRE report.
By Maura Webber Sadovi • Aug. 23, 2024 -
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Jobless claims edge up, amplifying Fed signals for rate cut
Payrolls in the 12 months ending in March may have grown 818,000 less than previously reported, according to federal data.
By Jim Tyson • Aug. 22, 2024 -
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US M&A deal value jumped to $124B in July
A total of 141 U.S. deals were recorded last month, a 33% increase compared with June, according to EY data.
By Alexei Alexis • Aug. 21, 2024 -
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FTC exceeded its authority with noncompete ban, judge says
The agency’s rulemaking under Sec 6(g) of the FTC Act is procedural, not substantive, Judge Ada Brown of Texas federal court says, blocking a nationwide rule that would have taken effect shortly.
By Robert Freedman • Aug. 21, 2024 -
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AI spurs widespread ROI confidence: KPMG
Companies “are moving from experimenting with the technology to really starting to put expectations on it,” KPMG’s Per Edin said.
By Alexei Alexis • Aug. 20, 2024 -
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Economic data no longer herald recession: Conference Board
Several data points during the past two weeks paint a sunny outlook for the economy, discouraging forecasts of a downturn.
By Jim Tyson • Aug. 19, 2024 -
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Kamala Harris proposes grocery price-gouging ban as part of economic platform
Grocery trade groups had mixed reactions, with the National Grocers Association calling for stronger enforcement of current federal antitrust requirements.
By Catherine Douglas Moran • Aug. 19, 2024 -
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Cisco plans to cut 7% of workforce amid AI push
The tech giant is “shifting hundreds of millions of dollars” into artificial intelligence and other growth areas of its business, CEO Chuck Robbins said.
By Alexei Alexis • Aug. 15, 2024 -
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OpinionHow to push price and bust currency devaluation
Whether for increased revenue or profitability, corporate growth requires price increases — potentially as frequently as every six months, Adam Echter writes.
By Adam Echter • Aug. 15, 2024 -
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Inflation slows to three-year low, clearing way for Fed rate cut
The central bank at a meeting next month will likely weigh cooling inflation against signs that the labor market is loosening up.
By Jim Tyson • Aug. 14, 2024 -
Courtesy of JSW Steel USA.
Producer price inflation slows, brightening outlook for Fed rate cut
The less-than-forecast gain in PPI last month bodes well for a decline in economy-wide price pressures in coming months.
By Jim Tyson • Aug. 13, 2024 -
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M&A, vendor reliance help drive up ransomware threat: report
The financial severity of claims related to ransomware attacks increased more than 400% from 2022 to 2023, the study found.
By Alexei Alexis • Aug. 13, 2024 -
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OpinionBolstering the CFO-CRO relationship to ensure AI investment returns
The CFO and CRO can serve as a crucial duo as organizations face pressure to launch revenue-generating AI projects, writes MinIO CFO Mark Khavkin.
By Mark Khavkin • Aug. 13, 2024
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