Apple restricts ChatGPT, GitHub Copilot use over data worries: report

The company limited use of the AI tools for some employees amid concerns over confidential data, the Wall Street Journal reported Friday.

Dole incurs $10.5M in direct costs from February ransomware attack

The attack impacted about half of Dole's legacy company’s servers and one-quarter of its end-user computers.

Investors oppose using ESG criteria in retirement funds: Gallup

U.S. companies face intense pressure to embrace sustainability even as many Americans do not want ESG goals to guide the investment of their retirement money.

Fostering diverse banking relationships key to balancing risk

The wobbles in the banking industry put a spotlight on the importance of diversifying banking and financial relationships for CFOs looking to mitigate business risk.

The CFO design thinking mindset

Taking a human-centered approach to leadership is key for CFOs to craft agile leadership strategies, IMA’s Loreal Jiles said.

Recession likely to start in Q3 as Fed sustains inflation fight: Fannie Mae

The Fed may keep borrowing costs high and trigger a downturn if robust wage gains persist in coming months, Fannie Mae said.

Foot Locker taps Kohl’s exec for CFO

Kohl’s alum Michael Baughn will move into Foot Locker’s CFO role as the sneaker retailer reported slumping sales and lowered 2023 guidance.

Walmart to invest in supply chain as it outshines big-box rivals

Walmart attracted budget-conscious customers, but inflation persists as one of its strongest headwinds.

Why CFOs must beef up their CX playbooks

The B2B market is facing a new generation of decision makers who are accustomed to speedy digital customer experiences, according to Billtrust CFO Bob Purcell. 

Ex-fabric CFO accused of losing $35M in crypto crash

The former CFO is charged with investing the funds without permission into his own crypto venture before losing them during the market’s crash, according to a federal indictment.

CFOs bullish on M&A prospects: survey

The research revealed that a large number of business leaders are optimistic about the economy, with more than half expecting the expansion to continue.

GE promotes insider to CFO, prepares for spin-offs next year

Ahead of their planned three prong spin-off, the industrial giant has promoted Rahul Ghai, 51, to take the financial helm.

Salaries for financial professionals rise 5% yet lag inflation

CFOs in January gained a 4.2% increase in base salary, on average, compared with their pay 12 months before.

Ex-Amazon finance leader headed for DocuSign

The new finance chief will help DocuSign to unlock both growth and operational efficiency, the company’s CEO said.

M&A falters despite ‘heavily discounted prices’: PitchBook

Deals valued at below $100 million accounted for a record proportion of M&A transactions during the first quarter.

Data key to grasping generative AI fundamentals

As more companies try out generative AI, understanding the role and importance of the data underpinning these models is crucial for CFOs.

Lyft CFO steps down in latest of leadership changes

In the first week of his tenure, new CEO David Risher announced a 26% reduction in Lyft’s corporate workforce. Now, the current CFO is stepping down.

SEC fines 10 microcaps for flawed stock offerings

The SEC sanctioned small companies that failed to follow rules under Regulation A, which offers early-stage businesses a low-cost way to raise capital.

Disney CFO, ex-CEO named in shareholder lawsuit

The 39-page court document alleges that Bob Chapek, Christine McCarthy and Kareem Daniel misled investors regarding the health of the business.

The dawn of the interim CFO

With financial leadership coming at a premium, interim CFOs are having their moment in the spotlight.  

Costs again rank as CFOs’ top automation hurdle

In a survey commissioned by software provider OneStream, budget constraints surpassed employee skill gaps and return on investment issues as obstacles to new technology investments.

US cyber insurance premiums exceeded $7.2B last year

Despite sharp price increases over recent years, cyber insurance is in high demand as a risk mitigation strategy, according to Fitch Ratings.

Costs of software supply chain attacks could exceed $46B this year

Losses attributed to software supply chain attacks will jump 76%, reaching almost $81 billion by 2026, according to Juniper Research.

Big 4 accounting firms squeeze traditional MSP market

The blurring of lines between software and business processes is a boon for big-four firms looking to managed service providers to expand client offerings.

AI needs cohesive regulation to reduce public risk, experts say

The risk associated with AI's speedy evolution calls for uniform legislation, a panel of executives and government officials said last week.