The Latest Headlines from CFO
Like it or not, we live in a world that’s increasingly drowning in data. Getting the right data to the right person at the right time — and in a form they can easily and rapidly absorb — is often a requirement for productive performance in a wide range of business critical tasks. Mobility — “untethered working” — has helped with the “anywhere, anytime aspects,” but delivery to a suitable “platform” in a relevant format is still challenging. Spreadsheets on a cell phone don’t really work all that well.
Read: “Augmented Reality”
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We learn about data breaches almost every day, and the first-line victims range from large, seemingly sophisticated companies to the local dentist’s office. Our ability to assess and understand a company’s cyber hygiene has been fairly limited, so knowing who’s safe has been a guessing game — until now.
Read: “Cyber Ratings Services Can Help Thwart Hackers”
Merit Pay Programs Falling Short of Goals
According to a new survey of North American employers, only 20% find merit pay to be effective at driving higher levels of employee performance.
Cyber Ratings Services Can Help Thwart Hackers
New generation of tools for assessing companies’ “cyber hygiene” may lower the risk of data breaches.
Chobani Rejects PepsiCo Offer to Buy Stake
The yogurt maker chooses to pursue growth opportunities on its own rather than bring PepsiCo in as a majority investor.
Brixmor Property’s CFO, Other Top Execs Resign
CFO Michael Pappagallo leaves the REIT after an internal review finds employees “smoothed” income to make quarterly results more consistent.
U.S. Data Breaches Almost Match Record High
Hacking incidents accounted for 37.9% of the 781 data breaches reported by organizations last year.
Harman Tax Exec Accused of Insider Trading
Dennis Hamilton allegedly used his advance knowledge of Harman’s earnings to make a one-day trading profit of more than $130,000.
Rob Frolik Steps Down as CFO of Yelp
Yelp’s CEO credits Frolik with playing a “crucial role” in its transition from startup to public company.
South America Deflates Goodyear’s Earnings
Despite a $646 million writedown of its operations in Venezuela, Goodyear will maintain manufacturing and sales operations there.
The Global Oil Glut Is On
Global oil output surges in January, and the IEA says ‘short-term risk to the downside has increased.’
Small Business Optimism Sags
Although still hiring and spending, small businesses have lower expectations about growth in real sales.
Augmented Reality
There’s a lot of corporate productivity and convenience improvement potential in ‘augmented reality’ applications.
Three Charged in $250K Insider Trading Scheme
A relationship between an ecommerce executive and a gas station operator leads to trading on inside information.
Fortis Makes Big U.S. Utility Play With ITC Deal
Canada’s largest utility owner buys a Midwest electricity transmission provider for $6.9 billion.
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