Standout Stories
Reducing risk through project management… As CFO, you’re charged with ensuring that your organization is positioned to deal effectively with all kinds of risks — operational, financial, reputational, and strategic. Assessing your organization’s risk profile through the prism of its portfolio of projects and programs can be a good place to start.
Projects are how you implement your strategy; project management is about having a structured approach to driving business results. If you’re not managing your projects, you’re not managing your risks. Read article.
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Title III of the JOBS Act… finally goes into effect in the United States today, May 16. But don’t expect a rush of small businesses seeking to tap non-accredited investors for seed funding and other kinds of financing. At least, that’s what the experts are saying.
Crowdfunding is a method of allowing entrepreneurs to access capital via the internet without registration from a large number of small investors, many of whom may be non-accredited. Read article.
Headlines
Nordstrom Same-Store Sales Drop 1.7% in Q1
The retailer’s luxury stores had a particularly poor quarter, driving profits down 60% to 26 cents a share on $3.25 billion in revenue.
Apple’s Shares Rise on News of Buffett Stake
The renowned value investor’s rare bet on a tech company suggests he saw a buying opportunity in the stock’s sharp decline since last summer.
Using Project Management to Reduce Risk
High-performing companies manage risk in conjunction with projects and programs far more often than low performers do.
Send in the Crowds
Title III of the JOBS Act — securities-based crowdfunding — goes into effect today. But there’s a danger that it could be ‘smothered at birth by red tape.’
Pfizer Adds Eczema Gel With $5B Anacor Deal
If Anacor’s treatment for eczema is approved by the FDA, Pfizer predicts peak-year sales could exceed $2 billion.
Vietnam Bank Reports Attempted Cyberheist
Tien Phong Bank says it thwarted an attack involving the same technique used in the theft from the Bangladesh central bank.
High Court Sides With Businesses in Privacy Case
Consumers must show “concrete” harm when consumer reporting agencies publish inaccurate information about them, the court rules on a 6-2 vote.
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