Risk Management: Page 11
-
hapabapa via Getty Images
IPOs rebound through Q3 on prospect of falling interest rates: EY
Despite the emerging recovery, several headwinds to IPOs persist, including conflicts abroad and the hard-to-predict outcome of the Nov. 5 election, EY said.
By Jim Tyson • Sept. 27, 2024 -
Jens_Lambert_Photography via Getty Images
GDP growth exceeds forecasts as Fed governor warns of excessive easing
Federal Reserve Governor Michelle Bowman was the sole policymaker to oppose a decision to cut the main interest rate by a half percentage point.
By Jim Tyson • Sept. 26, 2024 -
Retrieved from Lynne Marek on March 04, 2022
Moneygram faces backlog after outage
The international wire transfer company has restarted some services after a cyberattack forced its systems to be shut down.
By Lynne Marek • Sept. 26, 2024 -
Kevin Dietsch via Getty Images
CFOs trim spending while facing hazy post-election prospects: Fed survey
The hard-to-predict outcome from the presidential election in November has shown several signs of sapping business confidence.
By Jim Tyson • Sept. 25, 2024 -
Courtesy of Norfolk Southern
Norfolk Southern acting CFO goes permanent amid C-suite shakeup
The Atlanta-based freight rail operator is refilling its ranks with insiders after firing its CEO and chief legal officer who were found to be having an affair.
By Maura Webber Sadovi • Sept. 25, 2024 -
Chip Somodevilla via Getty Images
SEC charges 12 companies with flawed record-keeping, imposes $88M in fines
SEC Chair Gary Gensler, during a congressional hearing, came under fire from Republicans asserting that he should use regulation more than enforcement to correct company record-keeping.
By Jim Tyson • Sept. 24, 2024 -
gorodenkoff via Getty Images
Dark web exposure is ‘highly correlated’ with cyberattack risk
Organizations that are mentioned in dark web market listings are more than twice as likely to experience an attack, Marsh McLennan found.
By Alexei Alexis • Sept. 24, 2024 -
Laurence dutton via Getty Images
Data privacy concerns swirl around generative AI adoption
IT and business professionals fear the technology's adoption can lead to data leakage, according to a Deloitte report.
By Roberto Torres • Sept. 24, 2024 -
Anna Moneymaker / Staff via Getty Images
Services spur growth as coming election jars business confidence: S&P
“The economy continues to offer mixed signals about its underlying strength,” Minneapolis Fed President Neel Kashkari said Monday.
By Jim Tyson • Sept. 23, 2024 -
Alex Wong via Getty Images
Harris, Trump contest raises the stakes on six salient policy points: EY
“There are more similarities than many people realize between Harris and Trump on some key issues,” according to an EY political analyst.
By Jim Tyson • Sept. 20, 2024 -
Anna Moneymaker via Getty Images
Fed rate cut unlikely to boost manufacturing until 2025, experts warn
The looming presidential election is still sparking uncertainty in the industry, pushing manufacturers to spend with caution.
By Kate Magill • Sept. 20, 2024 -
Douglas Rissing via Getty Images
CFOs shy away from risk amid hazy political outlook: Deloitte
Bolstering the case for CFO caution, the Conference Board’s Leading Economic Index declined in August for the sixth consecutive month.
By Jim Tyson • Sept. 19, 2024 -
gorodenkoff via Getty Images
CFOs juggle strategy, economic pressures in AI push: Billtrust
Heightened pressure to deliver strategy could push CFOs to adopt GenAI faster than previous technologies, Billtrust CEO Sunil Rajasekar said.
By Grace Noto • Sept. 18, 2024 -
Anna Moneymaker via Getty Images
Fed cuts main rate by half point, voices confidence inflation falling
The central bank trimmed borrowing costs from a two-decade high after policymakers noted their growing concern about softening in the labor market.
By Jim Tyson • Sept. 18, 2024 -
Courtesy of Mastercard
Mastercard CFO to continue working after cancer diagnosis
Decisions on medical disclosures can be challenging for companies but Mastercard’s approach drew high marks from some corporate governance experts.
By Maura Webber Sadovi • Sept. 17, 2024 -
benimage via Getty Images
Retail sales highlight consumer strength as Fed mulls size of rate cut
Even with solid retail sales data, traders in interest rate futures increased odds that the Federal Reserve will cut the benchmark interest rate Wednesday by a half point.
By Jim Tyson • Sept. 17, 2024 -
Thomas Lohnes via Getty Images
SAP joins $15M funding round for risk detection startup Datricks
The investment comes as payment fraud targeted at businesses — a key focus of the startup — is surging, with a heavy impact on corporate revenues.
By Alexei Alexis • Sept. 17, 2024 -
qingwa via Getty Images
SEC charges leaders of failed online pharmacy in $170M fraud case
SEC Chair Gary Gensler has stepped up enforcement since 2021, targeting investor fraud, cyber-related misconduct and misleading financial reporting.
By Jim Tyson • Sept. 13, 2024 -
dem10 via Getty Images
Artificial intelligence may boost profit margins 2% over next five years: BofA
“Investors frequently overestimate the magnitude of tech disruption in the near term and underestimate it over the longer term,” Bank of America said.
By Jim Tyson • Sept. 12, 2024 -
Techa Tungateja via Getty Images
Economic, cyber worries among top CFO concerns: Travelers
Over half of CFOs pointed to mitigating business risks as a key skill set, a recent Travelers study found.
By Grace Noto • Sept. 12, 2024 -
Win McNamee via Getty Images
Election triggers new tax scenario planning: U.S. Bank survey
Former President Donald Trump has talked about reducing the current 21% corporate tax rate while Vice President Kamala Harris proposed raising it to 28%.
By Maura Webber Sadovi • Sept. 12, 2024 -
standret via Getty Images
Inflation slows to three-year low, clearing way for Fed rate cut
The persistence of shelter cost inflation prompted futures traders to retreat from predictions that policymakers next week will cut the federal funds rate by a half point.
By Jim Tyson • Sept. 11, 2024 -
Tero Vesalainen via Getty Images
Ally shares slump after CFO warns of ‘intensified’ credit challenges
Borrowers have continued to struggle with high inflation, cost of living and a “weakening” employment picture, CFO Russ Hutchinson said.
By Grace Noto • Sept. 11, 2024 -
OlyaSolodenko/iStock via Getty Images
Small businesses bedeviled by inflation as Fed signals rate cut plan
Inflation persisted last month as the top concern among small businesses, the National Federation of Independent Business said.
By Jim Tyson • Sept. 10, 2024 -
Mario Tama via Getty Images
Citi CFO: Businesses mull derisking as uncertainty persists
While the “boil” appears to be coming off inflation, companies are still grappling with uncertainty around elections and rates, Citigroup’s Mark Mason said Monday.
By Maura Webber Sadovi • Sept. 10, 2024
Previous
