Strategy

The Economy

U.S. Factory Activity Drops for 4th Straight Month

“There is nothing to point to in [the November factory activity] report that signals a bottom in domestic manufacturing."

Matthew Heller
December 3, 2019
The Economy

Black Friday Online Sales Reach Record $7.4B

Consumers made $2.9 billion in purchases from their smartphones, a record for mobile sales.
Growth Strategies

Online Lending Platform Refines the Science of Underwriting

Upstart's loan securitizations are performing far better than Kroll, the leading credit rating agency for marketplace lenders, had expected.
Sustainability

Companies Face Demand for Third-Party CSR Certifications

A host of stakeholders are looking for external verification of companies' claims about the success of their corporate social responsibility programs.
Global Business

New ECB Chief Urges Domestic Demand Push

While “all advanced economies are facing a growth challenge, the euro area has been slower to embrace innovation," Christine Lagarde says.
Growth Strategies

Disruptive Change Spells Opportunity for Top CFOs

In these disruptive times, finance chiefs should invest for scale, root out scope creep, and adopt a customer-centric mindset, says Gartner.
Strategy

Why Isn’t Your Transformation Showing Up in the Bottom Line?

Transformation success rates vary widely. Finance can make a big difference by articulating and validating the link between transformation and value.
General Electric
People

GE Taps Maersk CFO to Head Finance

Carolina Dybeck Happe leaves Maersk after less than a year to take the most prestigious job in corporate finance.
Strategy

Vanquish Silos to Improve Administrative Services

Centralized, flexible administrative services groups should replace duplicative admins scattered across departments and functions, a professor contends.
Sustainability

Energy Startup Creates Solar Energy Hot Enough for Industrial Processes

Heliogen, backed by Bill Gates, has achieved temperatures suitable for cement and steel production.
Strategy

MedMen to Lay off 190 Workers in Profit Push

“We have a clear plan to increase our market share, while at the same time enhancing our margins and reducing our corporate overhead."
Financial Performance

JCPenney Loss Narrows to $93M, Shares Jump

The ailing retailer's third-quarter results gave investors “some hope” that its turnaround efforts are “gaining traction.”
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