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FTC to ban noncompetes
The FTC said the rule, expected to take effect as soon as late August, received overwhelming public support during a comment period.
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4 Keys to improve your M&A playbook, post-acquisition
CFOs should build an M&A playbook based on past lessons learned.
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35% of employees would take less pay for non-toxic workplace: Report
Nearly half of employees said favoritism is inhibiting their ability for a fair shot at career growth, according to an INTOO survey.
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5 Time-saving strategies for CFOs to unlock greater potential
CFOs should go above functional expertise to gain real strategic impact.
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8 Ways CFOs can lead sustainability initiatives
CFOs are positioned to take a leading role in sustainability management and reporting activities.
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ADM’s CFO to resign amid DOJ investigation
The 20-year veteran of the company will stay on in a “non-executive” capacity until later this year.
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Return to office trends, PCE data, and Lacework’s CFO: Trial Balance
This week, we look forward to critical readings on economic growth and inflation.
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CFOs navigate the weeds of cannabis accounting to drive industry growth
“When controlling growth, we advise to test the market first before they go out and spend a ton of capital.”
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CFOs On the Move: Week ending April 19
New finance chiefs at Exact Sciences, Siemens Government Technologies, and Bloom Energy.
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Q&A
OnlyFans CFO Lee Taylor: Building scalable finance to lead creator economy
“One of the unique things about OnlyFans is its self-funding. We have always been profitable and cash-generative.”
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David Ostrove, former Long Island school CFO, sentenced up to 25 years
Ostrove was referred to as “a charlatan and a brazen thief” by State Supreme Court Justice John Collins.
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Alphabet CFO Ruth Porat’s internal memo reveals Google finance team restructuring, layoffs
“The tech sector is in the midst of a tremendous platform shift with Al,” Porat wrote in the internal memo, indicating the company would reallocate its assets to other tech initiatives.
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Private debt funds rise 13.3% YoY in 2023, surpasses VC fundraising
“2023 was a great test for private debt, and it passed with flying colors.”
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34% of CFOs ‘very optimistic’ about US economy: Report
Despite overall optimism, finance chiefs consider cost optimization a top focus area.
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Customers Bancorp fires CFO for ‘cause,’ promotes insider to top spot
Following Carla Leibold’s immediate termination, the bank promoted Philip Watkins to the parent company’s top chief finance spot.
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73% of accounting firms not using AI: Report
Despite its trendiness, 35% of accountants said their organizations are not using AI and have no plans to do so.
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Opinion
The CFO-CMO partnership is the new dynamic duo
These measures help bridge the gap between marketing and finance.
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Q1 corporate bankruptcies up 43% over last year
U.S. bankruptcy filings through March 31 increased year over year across all major filing categories.
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NYCB hires new CFO, general counsel
The beleaguered Long Island-based lender brought aboard four executives Friday whose careers had crossed paths with that of newly minted CEO Joseph Otting.
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NYSE President Lynn Martin talks IPOs; CFOs tackle cannabis accounting: Trial Balance
IPOs have raised 3.5 times the amount raised a year before.
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68% of Gen Z workers would take an unwanted job for good pay: Report
Only 10% of Gen Z workers said they want more money so they can “splurge on things,” according to new data.
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Chicago transit oversight board CFO: Strategy creation to execution
“We've been driving innovation in core areas like budgeting, financial reporting, and IT. This collaborative spirit positions us for continued success,” Kevin Bueso said.
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CFOs on the move: Week ending April 12
New CFOs at KFC Global, Brightcove, Illumina, and more.
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Q&A
Siemens Mobility NA’s CFO Bernd Blumenstein Drives Change for 176 Year-Old Company
As a regional CFO of a 176-year-old company, Blumenstein explains his part in the organization’s shift from a manufacturer to a technology provider.
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The 6 a.m. CFO: How the Savannah Bananas’ Dr. Tim Naddy Starts His Day
Naddy shares how he structures his mornings, his favorite quote, and what his walk out song would be.
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