The Latest
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Kroger plans acceleration of AI efforts
The grocer is using the technology to operate more efficiently, improve customer experience and boost sales.
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FBI warns about 2 campaigns targeting Salesforce instances
The threat groups, identified as UNC6040 and UNC6395, have used different tactics to gain access to data.
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Trump-backed push to nix quarterly reports not ‘slam dunk’ for CFOs
Advocates say ditching 10Qs would enable more focus on long-term planning, but some finance execs view the process as an early warning system, experts say.
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Consumers cautiously approach holiday spending as mood slumps: McKinsey
“More individuals express mixed feelings about the economy, highlighting how economic pressures are taking a toll on consumer confidence,” McKinsey said.
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Alstom alum takes Worldline CFO seat to drive cash flow, growth push
The newly-minted CFO will focus on regaining a path to growth, after Worldline’s free cash flow plunged by more than 50% during the first half of the year.
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Consumer confidence falls on dimming outlook for labor market
“After months of a frozen job market with little hiring outside of healthcare, people now see more industries turning to layoffs,” Navy Federal Credit Union Chief Economist Heather Long said.
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5 CFO tips for averting layoff mistakes: Gartner
Common missteps include spreading cost-savings goals evenly across functions and adhering to inflexible rules like first-in-first-out, according to the Gartner report.
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Cinema operator Vue taps new CFO
The CFO swap comes as Vue aims to expand its presence throughout Europe after a 2024 financial restructuring.
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Inflation speeds up to 2.9%, fastest pace in 2025, as job market slows
The CPI data showed that the highest U.S. tariffs since the 1930s are pushing up prices across the economy.
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SEC taps Gibson Dunn lawyer to lead corporation finance division
James Moloney will take over the division — which reviews IPO filings, among other tasks — after spending more than two decades as a corporate attorney.
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Former fisheries CFO sentenced to eight months in prison for theft
The ex-CFO of the Pacific States Marine Fisheries Commission siphoned more than $211,000 to pay personal expenses, including premiums for her spouse’s long-term care.
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Tesla CFO unloads more stock as CEO pay battle brews
The CFO’s latest share sale comes as the EV maker’s CEO Elon Musk is seeking a $1 trillion pay package.
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Insiders are winning more CFO turnovers: Crist Kolder
Of 71 Fortune 500 and S&P 500 CFO spots that turned over in H1, 51 were internal hires and 20 were external, according to the executive search firm’s recent report.
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Finance teams struggle to shake ‘Department of No’ label
Only 18% of CFO business partners said they strongly feel the finance department has their strategic needs in mind when making decisions, a Datarails survey found.
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Producer prices fall, bolstering argument for Fed rate cut
The fresh data on prices paid to producers differ from other recent signs that inflation persists well above the Fed’s 2% long-run goal.
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Dell CFO resigns after two years in seat
Yvonne McGill’s time as finance chief capped a nearly 30-year career at the Texas-based PC-maker. She is credited with helping grow Dell’s AI business.
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Rising tariff worries, AI use puts spotlight on FP&A, Protiviti survey finds
Businesses are increasingly looking to FP&A to manage their data needs as concerns related to cybersecurity, AI and tariffs rise, Protiviti found.
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Small business optimism rises on sales outlook, labor demand falls: NFIB
The proportion of small businesses reporting that they are hiring slumped 4 percentage points in August compared with July, the National Federation of Independent Business said.
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Courtesy of Yum Brands
Yum names new CFO as it preps for CEO swap
As Chris Turner prepares to take over Yum, Taco Bell’s parent company promoted three leaders, including appointing Ranjith Roy, formerly its chief strategy officer and treasurer, to CFO.
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AI-driven job displacement may already be here: Fed
The CEOs of Salesforce and Amazon have been in the spotlight after touting AI’s ability to handle some jobs in place of humans.
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Ransomware insurance losses spike despite fewer claims: Resilience
AI-powered phishing, “double extortion” tactics and insurance policy theft are fueling more destructive, costly ransomware attacks, the cybersecurity firm said.
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Daphne Howland/CFO Dive
Walmart taps OpenAI for employee training
The mass retailer will debut training for employees in 2026 through a partnership with the company behind ChatGPT.
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Sam Silverstein/CFO Dive
Walmart CFO in SEC filing trims planned sales of company shares
John David Rainey, the retail behemoth’s finance chief, plans to sell a maximum total of 40,000 shares on two dates early next year.
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Stablecoin maturity, regulation opens crypto adoption gate: Taxbit CEO
While regulatory clarity has eased some of the risks associated with stablecoins, CFOs are still eyeing outstanding accounting and tax questions.
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Most firms aim to boost budgets for worker safety in next three years: EY
Work-related accidents and diseases annually take the lives of 3 million people worldwide, according to the International Labor Organization.
