The Latest
-
Regeneron agrees to purchase bankrupt 23andMe, protect data
The proposed sale is expected to close in the third quarter, subject to approval by the U.S. Bankruptcy Court for the Eastern District of Missouri.
-
Continuous scenario planning, war chests top finance playbooks for uncertain times
CFOs now grappling with on-again off-again tariff policies on top of other headwinds are using a variety of strategies to mitigate the risks of the fast-changing business climate.
-
Inflation expected to surge to 7.3% in a year, fueled by tariff worry
Consumer sentiment has slumped this year even as recent “hard data” reveal stable prices and robust hiring.
-
FASB clarifies rules for warrants, share-based payments
The GAAP update will affect how companies account for share-based financial instruments such as warrants that they grant to customers as a kind of rebate to incentivize purchases.
-
Hack could cost Coinbase up to $400M: filing
The crypto exchange is offering a $20 million reward for information leading to the hackers’ arrest. Coinbase terminated customer support agents who leaked customer data.
-
Businesses revamp procurement amid AI adoption swell
Most companies are imposing stricter requirements when evaluating AI-powered software compared with other technologies, according to G2.
-
Opinion
Why spreadsheets aren’t going away anytime soon
Spreadsheets are not just a tool of the past; they will be a vital component of the future of finance, Gartner’s Mike Helsel writes.
-
Walmart CEO: ‘Higher tariffs will result in higher prices’
The big-box retailer vows to keep those prices as low as possible and is leaning into relationships with vendors to respond to a fluctuating market.
-
South Carolina, Oregon join states removing 150-hour CPA hurdle
In recent months over a dozen states have passed legislation easing licensure requirements for CPAs as part of a workforce development push to fix the accounting shortage.
-
Cisco taps chief strategy officer to succeed retiring CFO
With Mark Patterson taking its finance reins, the tech giant will still likely continue prioritizing cash flow and shareholder returns, a Morningstar analyst said.
-
House committee advances bill with ‘big three’ business tax relief
The bill advanced Wednesday by the House Ways and Means Committee would extend some business-friendly tax cuts from President Donald Trump’s first term.
-
OneStream shakes up finance software portfolio with AI agents
A new “deep analysis agent” unveiled by the company is able to perform “much like a business analyst on your team,” CEO Tom Shea said.
-
Trump’s tariffs: Tracking the status of international trade actions
The U.S. has rolled out a deluge of tariffs, sparking responses from trading partners. Here's where each tariff – threatened or realized – currently stands.
Updated May 15, 2025 -
Inflation slows more than forecast as tariff retreat eases price pressure
Even after recent tariff reductions, U.S. consumers face an effective tariff rate of 17.8%, the highest level since 1934, the Yale Budget Lab said.
-
Tesla CFO offloads another $1.1M in stock
The sale comes as Tesla looks to reverse slumping sales and combat brand hostility, while facing roadblocks on new projects such as its long-awaited “robotaxi” service.
-
AI is stirring mixed feelings among CFOs, survey finds
The research highlights a “trust gap between the untested promise of AI and the wariness of security and privacy risks,” finance software company Kyriba said.
-
Booking CFO leans on AI in push to run ‘tight ship’
The online travel company is looking to slash costs by as much as $450 million by the end of 2027. It aims to reinvest some of the freed-up capital into AI projects.
-
Why retail’s e-commerce disruption era is over
Brick-and-mortar stores drive the vast majority of core retail sales, and that won’t change any time soon, according to a report from commercial real estate firm Colliers.
-
House committee set to vote on budget legislation extending tax cuts
The bill under consideration by the House Ways and Means Committee lays the foundation for much of President Donald Trump’s agenda.
-
Prologis CFO details a $6B credit line strategy for turbulent times
The industrial real estate company’s finance chief says multiple credit lines both shield the balance sheet from market disruptions and enable the REIT to seize on opportunities.
-
Chewy CFO resigns; looks to return to semiconductor industry
The CFO’s departure comes after Chewy reported rising sales and customer figures for 2024, despite seeing its stock value wobble amid “meme” stock trades.
-
US, China agree to reduce tariff rates for 90 days
By Wednesday, the two countries will charge 10% baseline duties during the period and remove certain retaliatory levies that pushed rates over 100%.
-
The budget-friendly case for a use-it-or-lose-it return-to-office policy
Top-line leadership unwilling to be strict about RTO policies can leave a company still paying for office space even as its workforce is effectively remote, a workplace analytics expert says.
-
Mattel taps Kenvue’s Ruh for CFO amid tariff pressure
The leadership change comes at the end of a week in which the California-based toymaker landed squarely in the crosshairs of President Donald Trump’s tariff push.
-
EY, DXC join SAP’s ongoing ERP migration push
The consulting firms launched services to help enterprises move to S/4HANA cloud-based systems as a 2027 support deadline for on-prem customers looms.