CEOs trim hiring plans

CEOs at many of the biggest U.S. companies forecast that the economy will grow 2.1% this year, according to the Business Roundtable.

Grayscale CFO says FASB met the crypto moment

Ed McGee’s praise for the new crypto rules comes as the digital asset manager is battling the SEC to launch the first bitcoin exchange-traded fund.

BP CFO steps into breach after CEO resigns

A CEO scandal has opened the door for CFO Murray Auchincloss to take over the company on an interim — and possibly permanent — basis.

Inflation exceeds forecasts as fuel prices surge

Despite rising price pressures, futures traders believe the Federal Reserve will forgo a rate hike after a monetary policy meeting next week.

For successful CFO hires, focus on executive style: Kingsley Gate

Really digging into an executive's leadership style can help companies seeking CFOs to create a lasting fit, Kingsley Gate’s Ed Montoya says.

Brookings’ Klein calls for regulators to speed up ‘tepid’ FedNow adoption

It’s risky to rely entirely on market forces to drive the use of the Fed’s new instant payments service, says Brookings Senior Fellow Aaron Klein.

Orthofix ousts CEO, CFO, CLO, citing ‘offensive conduct’

The medical device company’s shares fell 30% Tuesday after it named interim successors to fill the fired executives’ roles.

Gensler says Scope 3 emissions flap delays final climate risk rule

Republican senators criticized Gensler for what they said is a burdensome and divisive regulatory agenda.

PwC curbs US offerings, pushes auditor independence

The Big Four firm is curbing its U.S. consulting offerings as concerns over auditor independence continue to swirl.  

M&A slump drives 49% decline in sale leasebacks

This year’s slow mergers and acquisitions market is having a knock-on effect on certain commercial real estate deals.

Businesses have $300B in unused cloud commitments, Infosys finds

“Cloud can be a black hole for money,” Chris Leigh-Currill, managing partner at Infosys, said in the report.

Citi, Cisco venture arms join cyber startup’s $19M funding round

The investment boosts the startup's effort to roll out a tool to help businesses swiftly respond to cyberattacks, which are causing million-dollar losses.

Why AP automation is a smart investment for CFOs

When it comes to managing thousands of invoices, artificial intelligence and automation can run a much tighter ship than humans, asserts Medius executive Branden Jenkins.

Bird Global appoints new CFO in latest C-suite shakeup

The cash-strapped e-scooter company is tapping Joseph Prodan to take its top financial seat as it faces the threat of potential bankruptcy.

SEC fines Monolith for violating whistleblower safeguards

Privately held companies, like their publicly traded counterparts, must uphold SEC-mandated safeguards for whistleblowers, the agency said.

Investor coalition lobbies standard setter to prioritize human and workers’ rights

ShareAction’s letter urges the International Sustainability Standards Board to also look at human capital and human rights together when it considers disclosures reporting.

SaaS moves to usage-based pricing as enterprises optimize tech spend

Software providers shift to pay-as-you-go billing to bolster revenue growth and give customers more flexibility. 

Kroger CFO details $1.4B opioid settlement payout plan

The Cincinnati-based grocer is the latest company to reach a settlement after being accused of playing a part in the opioid crisis.

New KPMG task force to zero in on ‘responsible AI’

The group’s creation comes as concerns surrounding the ethical use of generative AI tools continue to grow.

Women executives may reach leadership parity by 2030: S&P

Despite recent advances, women worldwide are unlikely to attain gender parity throughout the labor force for several decades, according to recent research.

New M&A cycle brings smaller, cash-heavy deals

Dealmakers expect M&A activity to pick up in H2 and are structuring deals with more equity to avoid high-rate debt.   

Shutterfly CFO steps down, ex-Philips exec to take over

Jan Paul Teuwen will take the finance reins at the San Jose, California-based digital imaging company, with a focus on driving “lasting growth.”

United Airlines CFO downplays potential Denver HQ move

Losing United would be another blow to Chicago’s economy and commercial real estate market, which saw Boeing and Citadel pull up stakes last year.

SEC fines Fluor $14.5M for accounting flaws

Fluor last decade failed to deploy the internal controls needed for its use of the percentage of completion accounting method, the SEC said.

Fed reports ‘modest’ economic growth, slowing inflation

The central bank’s aggressive monetary tightening will likely curb inflation without triggering a recession, former St. Louis Fed President James Bullard said.