Accounting & Tax
Credit & Capital
Risk & Compliance
SelectQuote Files for IPO
The online insurance broker is looking to raise $342 million that could value the company at more than $3 billion.
JCPenney Files Chapter 11 Despite Turnaround Gains
The iconic retailer says the progress it had been making after years of declining sales "was wiped out with the onset of COVID-19."
Video Game Sales Hit Record $10.8B in Q1
Consumers confined to their homes by COVID-19 are turning to games not only as a diversion but also for social connection.
Morningstar Settles Conflict of Interest Charges
The $3.5 million settlement is a rare enforcement action against a ratings agency over conflicts.
Denny’s Off-Premise Sales Soften COVID Impact
With dine-in sales shut down, the company has waived delivery fees, provided curbside pickup and launched shareable family meal packs.
Insurers Balk at Pandemic Coverage Proposal
Industry groups are "opposing any legislation that requires them to bear the risk of business-interruption losses from pandemics.”
SEC Charges Two Companies Over Misleading COVID-19 Claims
The regulator said the companies made misleading claims over fever and blood tests.
SmileDirect Sees Telehealth Boost From COVID
The company's Q1 results missed estimates but its performance "validates the strength, durability and flexibility of our business model.”
Democrats Release Coronavirus Relief Bill
The bill, which includes payroll assistance and aid to state and local governments, faces a chilly reception in the Senate.
Sony Profit Dives in Q4 as Virus Hits Electronics
CFO Hiroki Totoki says Sony's consumer electronics unit has been hardest hit by the pandemic “but the impact will expand to other businesses."
Fluor Shares Dive on News of 10-Q Delay
The engineering firm is facing investigations into its accounting by the SEC and Department of Justice.
Core Inflation Posts Record 0.4% Drop in April
The coronavirus crisis drove consumer prices into "a disinflationary shock" last month despite government efforts to stimulate the economy.
Get the latest news from the CFO
Updated daily and weekly