Risk Management: Page 22
-
Ethan Miller via Getty Images
MGM Resorts’ cyberattack headache continues as regulators launch investigations
The company said it could face fines in connection with regulatory inquiries stemming from the social engineering attack.
By David Jones • Feb. 26, 2024 -
"U.S. Securities and Exchange Commission headquarters" by AgnosticPreachersKid is licensed under CC BY 3.0
SEC charges husband for insider trading on wife’s deal-making for BP
A Houston resident overheard merger negotiations by his wife, a former BP employee, and engaged in insider trading, the SEC alleged.
By Jim Tyson • Feb. 23, 2024 -
Explore the Trendline➔
alexyz3d via Getty Images
TrendlineNavigating risk in turbulent times
CFOs must help their organizations mitigate risks by balancing the need for both growth and stability.
By CFO Dive staff -
Getty graphics via Getty Images
M&A to rise, buoyed by ready cash, solid profits, stable economy: McKinsey
CFOs will sooner reach strategic goals through deal-making than through organic growth, McKinsey said.
By Jim Tyson • Feb. 20, 2024 -
hapabapa via Getty Images
Investors rank securing talent as top corporate priority in 2024: EY
Corporate directors and investors differ when identifying the biggest issues this year, with directors focusing more on the economy and capital allocation, EY said.
By Jim Tyson • Feb. 16, 2024 -
Courtesy of the National Transportation Safety Board.
Boeing CFO expects 2H24 production resurgence, cites ‘uncertain moment’
The aerospace company is grappling with the implications of last month’s midair door plug blowout that shocked travelers and sparked an FAA audit.
By Suman Bhattacharyya • Feb. 15, 2024 -
Ekin Kizilkaya via Getty Images
Ex-Zoom finance exec lands at fraud detector Forter
Forter’s new CFO, Anthony Barsoom, is replacing Aaron Barfoot, who exited to become finance chief of a rival company.
By Alexei Alexis • Feb. 15, 2024 -
Getty Images via Getty Images
Inflation edges up, pushing back forecast of first Fed rate cut
Futures traders now see a 52% probability that policymakers in June will cut the federal funds rate from its current peak level between 5.25% and 5.5%.
By Jim Tyson • Feb. 13, 2024 -
baona via Getty Images
CEO optimism hits two-year high as inflation cools: Conference Board
More than one out of three top executives believe the economic outlook will brighten during the next six months, according to a Conference Board and Business Council survey.
By Jim Tyson • Feb. 9, 2024 -
Jemal Countess via Getty Images
R&D tax rollback proposal leaves CFOs ‘on edge’
Many businesses applauded when a tax package with the key R&D provision sailed through the U.S. House. Now they’re waiting for the Senate to act.
By Maura Webber Sadovi • Feb. 8, 2024 -
MF3d via Getty Images
Yellen backs legislation to avert AI threat to financial stability
Testimony by the Treasury Secretary follows a pledge by the Biden administration to seize on the benefits of artificial intelligence while containing its risks.
By Jim Tyson • Feb. 8, 2024 -
Chip Somodevilla via Getty Images
Yellen says commercial real estate losses may leave banks ‘quite stressed’
Bank regulators aim to avert turmoil caused by a slump in the value of commercial real estate, Treasury Secretary Janet Yellen said in testimony to a House committee.
By Jim Tyson • Feb. 6, 2024 -
(Justin Sullivan/Getty Images) via Getty Images
Clorox says it incurred $49M in costs from 2023 cyberattack
The breach caused system disruptions that led to order processing delays and “significant product outages,” negatively impacting net sales and earnings.
By Alexei Alexis • Feb. 6, 2024 -
dem10 via Getty Images
OpinionThe fight against cyber fraud: How to up your game in 2024
CFOs face an increasingly daunting fraud landscape — from deep-fake phone calls to AI-generated text messages, writes Trustpair CEO Baptiste Collot.
By Baptiste Collot • Feb. 6, 2024 -
Scott Olson via Getty Images
Fed pivots to considering when to cut main interest rate: Powell
Inflation will likely cool during the first six months of 2024, Federal Reserve Chair Jerome Powell said, adding that the central bank is unlikely to reduce borrowing costs in March.
By Jim Tyson • Feb. 5, 2024 -
CHUYN via Getty Images
US economy will likely cool as ‘real’ interest rates rise: ACCA
As the economy avoided a downturn last year, confidence among CFOs rebounded close to the long-term average, the ACCA said.
By Jim Tyson • Feb. 2, 2024 -
Alex Wong via Getty Images
Consumer confidence, job openings rise as Fed favors holding rates high
The Federal Reserve on Wednesday will probably keep the main interest rate as the highest level since early 2001 as the economy shows signs of unexpected strength.
By Jim Tyson • Jan. 30, 2024 -
fotostorm via Getty Images
One in four companies ban GenAI
The research by Cisco found that generative artificial intelligence tools are putting many companies’ sensitive data at increased risk of public exposure.
By Alexei Alexis • Jan. 30, 2024 -
Avosb via Getty Images
OpinionHolding out for a bankruptcy ‘cram down’? Think again.
C-suites should take a hard look at the true cost of bankruptcy before filing for Chapter 11, Lowenstein Sandler’s Kenneth A. Rosen writes.
By Kenneth A. Rosen • Jan. 25, 2024 -
AndreyPopov via Getty Images
36% of companies plan to raise pay in 2024 amid tight labor market: BDO
Although the job market has shown signs of cooling in recent quarters, CFOs aim to increase compensation this year to attract and retain employees.
By Jim Tyson • Jan. 25, 2024 -
David McNew via Getty Images
76% of companies link pay to ESG performance in rising trend: WTW
The biggest companies are weaving ESG into pay incentives despite a backlash against the use of sustainability as a metric for corporate performance.
By Jim Tyson • Jan. 24, 2024 -
Caiaimage/Paul Bradbury via Getty Images
6 essentials for CFOs aiming to rise to CEO: McKinsey
Corporate boards in the past decade have increasingly turned to CFOs to fill the CEO seat. McKinsey has highlighted the attributes boards seek in a chief executive.
By Jim Tyson • Jan. 23, 2024 -
Alex Wong / Staff via Getty Images
Conservative approach called best way to meet independent contractor test
Some states take a tougher approach than DOL’s 6-part test taking effect in March. By meeting the state test, employers can better protect against challenges under the federal rule.
By Jessica Mach • Jan. 23, 2024 -
BrianAJackson via Getty Images
AI, fake CFOs drive soaring corporate payment-fraud attacks
Generative AI tools like ChatGPT are making it easier for scammers to create bogus texts and emails as well as deep-fake voices at scale.
By Alexei Alexis • Jan. 23, 2024 -
benimage via Getty Images
Recession odds fall below 50% amid rising sales, profits: NABE survey
The mix of slowing inflation and cooling demand has prompted many economists to abandon forecasts for a decline in gross domestic product in 2024.
By Jim Tyson • Jan. 22, 2024 -
Jovan Geber via Getty Images
‘Little evidence’ remote work harms productivity: San Francisco Fed
After surging during the worst of the pandemic, remote work has declined to 30% of paid workdays, according to research by the San Francisco Fed.
By Jim Tyson • Jan. 19, 2024
Previous
