The Latest
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SEC dismisses fraud case against former View Inc. CFO
CFOs often make “easy targets” when it comes to accounting disagreements and so must be prepared to explain their decisions even years later, Morrison & Foerster Partner Craig Martin told CFO Dive.
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Manufacturing grows for second straight month despite headwinds: ISM
A lengthy conflict in the Middle East may sustain high energy prices and jeopardize gains in manufacturing this year.
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Producer prices rise more than forecast, affirming inflation persistence
Measures of inflation have sent mixed signals in the past several weeks, prompting some Federal Reserve officials to favor collecting more data before further easing.
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CFOs must craft AI, cyber literacy ‘baseline’: Sysdig
Companies prepping for a surge of “AI-driven roles” must place particular importance on AI and cyber literacy, Sysdig CFO Karen Walker said.
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Top US class action settlements hit record $79B
Corporate defendants are “operating in a new era of enhanced class action risks,” according to global law firm Duane Morris.
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CEOs see AI as the biggest business risk, exceeding geopolitical turmoil
CEOs and CFOs, confronting the rapid spread of AI, face the risk of underperforming by investing either too little or too much in the far-reaching technology.
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Orbia taps finance transformation leader as next CFO
Orbia veteran Cristian Capellino will step in as CFO as the business targets $250 million in annual cost savings by 2027.
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GenAI, machine-learning gap is a finance stressor, MindBridge CFO says
Finance chiefs face genAI hype pressure as efforts to combine its user-friendly benefits with machine learning are still evolving, Matthias Steinberg says.
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CFOs must rethink ROI amid talent shortage: HubSync
CFOs need to think about tech ROI in terms of how it is helping to empower employees amid an ongoing talent shortage, HubSync’s Mahati Mukkamala said.
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Most tax preparers not subject to standards, prone to costly errors: GAO
Efforts in Congress to pass legislation holding all tax preparers to clear federal standards have repeatedly fizzled out.
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Lucid expects 12% workforce reduction to yield $500M in cost savings
The plan was launched in part to support a new phase of discipline and “margin progression,” CFO Taoufiq Boussaid said.
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Corporations await more OBBBA tax guidance
As IRS guidance trickles in, unanswered questions remain around how firms should implement the new law’s tax provisions, according to Alvarez & Marsal tax experts.
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Consumer confidence inches up on brighter view of job market
The slight gain in confidence reflects consumers’ caution as economic data telegraph mixed signals.
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Westlake Corp. CFO announces departure amid weak earnings, board restructure
The chemicals manufacturer appointed its CEO and president, as well as Chevron alum Bhavesh Patel, to its board, while announcing its CFO’s coming retirement.
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FedEx sues US for refunds on Trump tariffs
The carrier's lawsuit comes after a Supreme Court decision invalidated duties imposed under the International Emergency Economic Powers Act.
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CPI Card Group CFO exits
The card company’s chief financial officer headed for the exit this month ahead of an earnings report next week.
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Advanced ERPs could cut financial close times by 30%, Gartner says
Before reaping such benefits, CFOs will first need to successfully navigate ERP vendor hype, Gartner’s Mike Helsel said.
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Few 10-Ks tie AI to tangible revenue gains, study finds
For most top U.S. companies, the technology remains an “operational tool,” not a primary revenue driver, according to the report.
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FinOps teams gain clout as AI costs climb
Cost management efforts have spread beyond cloud as enterprises work to get AI spending under control, according to the FinOps Foundation.
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Deficit reduction looms as top U.S. policy imperative: NABE survey
The impact on the U.S. fiscal outlook from a Supreme Court ruling against Trump administration tariffs has flared into a public debate between administration officials and policy analysts.
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Branch CFO leans on automation for growth roadmap
Bringing automation into Branch’s finance team is a key part of CFO Matt Peterson’s plan to help it reach its next phase of growth, he said.
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‘A deal is a deal’: EU halts US pact over Trump’s new global tariff
The bloc said it needed “full clarity” on the United States’ tariff plans after a Supreme Court ruling last week struck down many levies.
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Supreme Court invalidates Trump tariffs based on emergency powers
In a 6-3 decision, the court rejected President Trump's claim that a 1977 law gave him the authority to impose broad tariffs globally.
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There’s ‘no ambiguity’ in Carvana accounting practices, CFO says
Carvana’s CFO noted recent short seller reports alleging improper disclosure are “100% inaccurate,” defending the latest scrutiny of the car marketplace’s accounting practices.
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LinkedIn CFO jumps to Atlassian
After serving nearly five years as LinkedIn’s CFO, James Chuong will take the project manager software provider’s finance reins next month.