Accounting & Tax
Credit & Capital
Risk & Compliance
U.S. Factory Orders Climb 1.1% in December
Manufacturing has been driven by strong demand for factory goods "as 23.7% of the labor force works from home because of the COVID-19 pandemic."
Moving Beyond ‘Survive-at-All-Costs’ Mode
Expensive quick fixes are helping companies endure COVID-19 but they are not sustainable over a prolonged period of heightened volatility.
Labor Cost Index Rises 0.7% in Fourth Quarter
“Overall, compensation costs are likely to remain subdued going forward, reflective of a high level of unemployment that will restrain wages."
U.S. Economic Growth Slows to 4% in Q4
After the worst year for the economy since at least the end of World War II, economists are still hopeful of a faster recovery in the second half of 2021.
IMF More Optimistic on Global Growth
The latest World Economic Outlook revised growth estimates but warned pandemic risks remain.
Will Restaurants Recover in 2021?
"Restaurants were hit harder than any other industry during the pandemic, and still have the longest climb back to pre-coronavirus employment levels."
Anheuser-Busch Pulls Budweiser Super Bowl Ads
The beer giant said it would redirect funds to vaccine outreach.
Data and AI Belong At the Heart of ESG Initiatives
The primary cause of ESG failures is data: lack of data, lack of standards, and lack of understanding of how to use data.
Godiva to Exit All North America Stores
Demand for in-person chocolate shopping had “waned as a result of the pandemic and its acceleration of changes in consumers’ shopping behavior."
Instacart Fires Workers Who Formed Union
The job cuts are part of a wider round of layoffs that will affect more than 1,800 in-store shoppers.
Homebuilder Confidence Sags for 2nd Straight Month
“Despite robust housing demand and low mortgage rates, buyers are facing a dearth of new homes on the market, which is exacerbating affordability problems."
Microsoft, GM Strike Autonomous Vehicle Partnership
The companies hope to accelerate the commercialization of self-driving vehicles under GM’s brands.
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