Strategy & Operations: Page 26


  • Businesspeople walking and talking in the office's corridor
    Image attribution tooltip
    Getty Images
    Image attribution tooltip
    Sponsored by Thomson Reuters

    Evolving CFO roles and the impact on corporate tax departments

    The transformation of the CFO role is reshaping corporate tax departments, driving them towards greater strategic involvement, technological adoption and enhanced compliance.

    Sept. 30, 2024
  • Customer with water in his cart is shown shopping inside a Costco store.
    Image attribution tooltip
    Joe Raedle via Getty Images
    Image attribution tooltip

    Costco CFO targets lower prices amid ‘effectively flat’ inflation

    Costco lowered prices on a number of its store brand items as high food prices have become a hot button issue in the presidential election.

    By Sept. 27, 2024
  • Trendline

    Digital transformation, one smart step at a time

    As pricing pressures tighten margins and technologies like agentic AI evolve, finance chiefs are more closely scrutinizing the cost and returns of the tech tools they implement.

    By CFO Dive staff
  • The Wall Street sign in the Financial District of Lower Manhattan in New York City.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    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 Sept. 27, 2024
  • Six executives from green banks in localities across the country announce the creation of the Green Bank 50 coalition.
    Image attribution tooltip
    Lamar Johnson/CFO Dive
    Image attribution tooltip

    Climate Week NYC 2024 delivers carbon removal deals, green banking coalition

    The annual climate event launched with announced commitments to triple nuclear energy financing, decarbonization initiatives across the aviation sector and some carbon offset deals.

    By Lamar Johnson • Sept. 27, 2024
  • A bronze sculpture of an eagle with a 16-foot wingspan adorns the outside of the Federal Reserve Bank of Atlanta.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    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 Sept. 26, 2024
  • Diverse group of professionals, in discussion, sitting around conference table.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip
    Deep Dive

    No, not all companies are abandoning diversity, equity and inclusion. Here’s why.

    Amid a high-profile backlash, many businesses are scrutinizing their policies. But the vast majority end up sticking with DEI, in part because it’s key to growth.

    By Daphne Howland • Sept. 26, 2024
  • MoneyGram telephone sits on store counter.
    Image attribution tooltip
    Retrieved from Lynne Marek on March 04, 2022
    Image attribution tooltip

    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
  • U.S. President Joe Biden delivers remarks alongside Vice President Kamala Harris at the Congressional Picnic on the South Lawn of the White House on July 19, 2023 in Washington, DC.
    Image attribution tooltip
    Kevin Dietsch via Getty Images
    Image attribution tooltip

    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 Sept. 25, 2024
  • Norfolk Southern
    Image attribution tooltip
    Courtesy of Norfolk Southern
    Image attribution tooltip

    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 Sept. 25, 2024
  • The U.S. Securities and Exchange Commission seal hangs on the facade of its building.
    Image attribution tooltip
    Chip Somodevilla via Getty Images
    Image attribution tooltip

    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 Sept. 24, 2024
  • The green and white Grammarly signage is seen on the outside a window front.
    Image attribution tooltip

    Smith Collection/Gado/Sipa/AP 

    Image attribution tooltip

    Grammarly taps IPO veterans for CFO, CTO

    Grammarly doesn't have any “immediate plans” for an IPO, but needs leaders who can “scale an already sizeable, high-growth company," a spokesperson said.

    By Sept. 24, 2024
  • Hooded person types on computer in a dark room with multiple monitors and cables everywhere.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    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 Sept. 24, 2024
  • an employee looks into a screen showing a chatbot interface
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    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
  • IBM sign outside an IBM building in downtown Chicago, Illinois.
    Image attribution tooltip
    Tim Boyle / Staff via Getty Images
    Image attribution tooltip

    IBM ups bet on FinOps market in Kubecost buy

    The acquisition raises questions, including whether the deal will increase “an already high price tag” for IBM’s FinOps suite, an analyst said.

    By Sept. 24, 2024
  • A skyline of New York City
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Rate cut to trigger slow rise in real estate investment ‘tide’

    Richard Barkham, CBRE’s global chief economist, is expecting “a meaningful uptick” in commercial real estate deals rather than an “explosion.”

    By Sept. 23, 2024
  • Sandwiches sit on a counter as workers as ingredients.
    Image attribution tooltip
    Anna Moneymaker / Staff via Getty Images
    Image attribution tooltip

    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 Sept. 23, 2024
  • An aerial view of the Manhattan skyline at sunset.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Most CEOs expect full return-to-office in 3 years: KPMG

    There is a “widening gap” between how executives and employees think about their workplace environments that needs to be taken into account, the report warned.

    By Sept. 20, 2024
  • The White House in Washington, D.C.
    Image attribution tooltip
    Alex Wong via Getty Images
    Image attribution tooltip

    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 Sept. 20, 2024
  • Federal Reserve chairman Jerome Powell speaks at a news conference on Sept. 18, 2024.
    Image attribution tooltip
    Anna Moneymaker via Getty Images
    Image attribution tooltip

    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
  • U.S. capitol building with stormy skies
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    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 Sept. 19, 2024
  • Mastercard point of sale, retail
    Image attribution tooltip
    Courtesy of Mastercard
    Image attribution tooltip

    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 Sept. 17, 2024
  • The interior of a busy shopping mall.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    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 Sept. 17, 2024
  • Microsoft headquarters in Redmond, Washington.
    Image attribution tooltip
    David Ryder/Getty Images via Getty Images
    Image attribution tooltip

    Microsoft finance team puts Copilot to the test in transformation push

    The software giant’s finance professionals have become some of Copilot's top users in the company, Microsoft’s Cory Hrncirik said.

    By Sept. 17, 2024
  • Movie poster for "Deadpool & Wolverine"
    Image attribution tooltip
    Courtesy of IMAX
    Image attribution tooltip

    IMAX CFO: Taking a disciplined approach to movie magic

    Dubbed a “homegrown talent” when named CFO in 2022, Natasha Fernandes says relationships forged in the finance trenches have been key to her success.

    By Sept. 13, 2024
  • A digital outline of a brain with lights emerging from the stem, creating a half circle that looks like the globe.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    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 Sept. 12, 2024