Strategy

Strategy

Evolving Finance to Support Innovation

Many finance organizations have made big strides in supporting enterprise innovation, but others are still in the nascent stages of embracing the change.

Lauren Muskett
October 10, 2019
Tax

OECD Takes Aim at Multinational Tax Shelters

A proposed tax overhaul would allow a country to tax the profits of a company even though it does not have a "physical presence" there.
Strategy

U.S. Steel Divulges New Cost-Cutting Plan; CFO to Retire

The country's biggest steelmaker is planning a new operating model to cut costs.
Global Business

U.S. Adds Chinese Startups to Trade Blacklist

Ahead of this week's trade talks between the two countries, the timing of the U.S. action "is going to be awkward for the Chinese."
Retirement Plans

GE Freezes Pensions to Reduce Deficit, Debt

“Returning GE to a position of strength has required us to make several difficult decisions, and today’s decision to freeze the pension is no exception."
Strategy

HP to Shed up to 9,000 Jobs in Restructuring

The company is regrouping as it faces a decline in the printing business that was once its biggest moneymaker.
The Economy

Weekly Jobless Claims Rise Slightly to 219,000

The data suggest “the labor market remains strong even as employers are becoming more cautious about hiring workers.”
Strategy

Start-Up CFOs: Be Ready to Raise Capital, Recap, or Sell

It doesn’t matter if selling the company is or isn’t the ultimate goal — a CFO needs to be prepared to execute all three.
Compensation

Clorox Links Executive Pay to Sustainability

Compensation awards for Clorox's CEO, CFO, and other executives will be tied to meeting environmental, social and governance goals.
Global Business

U.S. Gets OK to Put up to $7.5B in Tariffs on EU

The World Trade Organization rules the U.S. can retaliate for illegal subsidies to Airbus, possibly escalating trade tensions.
Strategy

GM Idles Mexico Plant and Lays off 6,000 Workers as Strike Continues

The automaker cited a parts shortage due to the strike as the reason for the plant closure.
The Economy

U.S. Manufacturing Slumps for 2nd Straight Month

“We have now tariffed our way into a manufacturing recession in the U.S. and globally,” a chief investment officer said.
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