Strategy & Operations: Page 9
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Serta brings in ElectroLux alum as finance chief after latest CEO swap
GE alum Cesar Perez will take the mattress manufacturer’s financial reins only a few days after its newly-appointed CEO, Jim Loree, stepped into his role as of July 1.
By Grace Noto • July 8, 2024 -
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Almost 60% of corporate cybersecurity budgets are higher this year: report
Artificial intelligence is a key focal area as organizations scramble to keep up with threat actors, the study shows.
By Alexei Alexis • July 3, 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 -
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Inflation persists as top concern among small businesses: U.S. Chamber
Businesses in services and manufacturing find price pressures more troublesome than their counterparts in other sectors, the U.S. Chamber said.
By Jim Tyson • July 3, 2024 -
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Powell sees gains against inflation, wants more progress before rate cuts
After Powell’s comments, traders in interest rate futures increased the odds the Fed will cut the main interest rate by a quarter point in September.
By Jim Tyson • July 2, 2024 -
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OSHA proposes rule to protect workers from extreme heat
Released this morning, the standard would require employers to provide water and rest breaks when high heat creates a hazardous work environment.
By Zachary Phillips • July 2, 2024 -
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Chevron ruling adds new wrinkle to US cybersecurity efforts
The Supreme Court decision could have major ramifications for federal agencies that rely on old laws to tackle digital-era policy challenges, legal analysts said.
By Alexei Alexis • July 2, 2024 -
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Cyber insurance prices fall amid rising competition: report
The pricing relief comes even as cyberattacks are escalating and businesses are paying more to recover from them.
By Alexei Alexis • July 2, 2024 -
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SCOTUS gives CFOs ‘brand new lens’ for tax positions
Businesses should review their tax positions to see if they are dependent on a regulation that might be vulnerable to a challenge, attorney Robert Kovacev said.
By Maura Webber Sadovi • July 1, 2024 -
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IPO market quickens as stocks hit record highs during H1 2024, EY says
In coming months the IPO market in the U.S. and beyond faces possible turbulence from intensifying regional conflicts and “an election super-cycle,” EY said.
By Jim Tyson • July 1, 2024 -
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Sponsored by ScottMaddenAchieve real AI results in finance
Standing idle is not an option as our organizations demand AI-enabled solutions.
By Brad DeMent • July 1, 2024 -
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Supreme Court deals big blow to federal agencies
In a landmark ruling, the justices overturned a 40-year-old precedent and significantly reduced the power of federal agencies to interpret the laws they administer.
By David Weisenfeld • June 30, 2024 -
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Commercial property vacancy rate to peak in 2026 at 24%: Moody’s
“The preference of many employees to work from home cannot be overlooked,” Moody’s economists said.
By Jim Tyson • June 28, 2024 -
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Enterprise cloud storage spend to double by 2028 as AI ramps up
AWS dominated the segment with a 30% share of the nearly $60 billion market last year, according to Omdia’s analysis.
By Matt Ashare • June 28, 2024 -
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Cyberattack costs outpace insurance coverage: Sophos
Only 1% of organizations that made a cyber insurance claim within the previous year saw their policy cover 100% of the costs they incurred while remediating the incident.
By Alexei Alexis • June 27, 2024 -
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HP taps former JP Morgan executive as CFO
The transition comes as the tech giant is focused on recovering from sagging sales after heightened demand during the COVID-19 pandemic.
By Alexei Alexis • June 26, 2024 -
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Trump’s 10% tariff would annually harm households by at least $1,700: AAF
Damage from a sweeping tariff would spread beyond the U.S., “threatening key relationships with allies and inviting a global trade war,” AAF said.
By Jim Tyson • June 26, 2024 -
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Consumer confidence falls amid sagging income, business expectations
“Signs of strain continue to emerge among consumers with low-to-moderate incomes,” Federal Reserve Governor Lisa Cook said Tuesday.
By Jim Tyson • June 25, 2024 -
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OpinionHarnessing GenAI in corporate finance: Lessons from Microsoft
Finance teams deploying the technology need a "trust, but verify" approach to outputs, among other best practices, a pair of Microsoft executives write.
By Georg Glantschnig and Cory Hrncirik • June 25, 2024 -
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Role clarity is key to fractional CFO pay
Contract finance executives must understand the services they truly offer in order to charge — and be paid — what they’re worth, Joe Woodard said Sunday at his firm’s accounting tech conference.
By Chris Gaetano • June 21, 2024 -
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OpinionMind the trust gap: Why C-suite humility matters in the AI era
If executives engage in the big issues of today without acknowledging there can be a diverse set of explanations, they risk losing stakeholder trust, PwC’s Wes Bricker writes.
By Wes Bricker • June 21, 2024 -
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76% of large automating firms plan to swap workers with AI: CFO survey
Automation ranks as a high or moderate priority for about 65% of companies, both large and small, Duke University’s Fuqua School of Business found.
By Alexei Alexis • June 20, 2024 -
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Homebuilding sags to four-year low, stifled by higher-for-longer rates
Mortgage activity last month slumped 8.5% compared with April and 7.3% compared with May 2023, Freddie Mac said Thursday.
By Jim Tyson • June 20, 2024 -
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Slim gain in retail sales highlights challenges for consumers
“Inflation and higher interest rates are straining low- and moderate-income households,” St. Louis Fed President Alberto Musalem said Tuesday.
By Jim Tyson • June 18, 2024 -
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Startup focused on AI-driven cyber threats raises $18M
The announcement comes as artificial intelligence adoption explodes and enterprises grapple with related risks.
By Alexei Alexis • June 18, 2024 -
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Tech layoffs impact nearly 100,000 workers so far in 2024
Microsoft, Google, Apple, Tesla and TikTok owner ByteDance are among more than 300 tech companies that have announced job cuts since January.
By Alexei Alexis • June 18, 2024
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