Corporate Cash Holdings Metric Offers Mixed Signals
About one-third of companies saw their cash balances fall in the first quarter, but did that indicate investment or poor financial performance?
Pre-Pandemic Job Levels Not Happening Until 2023: Economists
Still, 82% of NABE panelists forecast real U.S. GDP would return to pre-pandemic recession levels sometime this year.
Remote Workers Alter State Taxes
States such as Texas and Florida that have no individual income taxes could become havens for remote workers.
5 Questions for Jack Hartung, CFO, Chipotle
“It was kind of too late to pivot if you hadn’t already made the right investments,” Hartung says of adapting to the pandemic.
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."
Do You Remember?: The Quiz
Take our quiz on these finance news stories to see how many you might have already forgotten.
Embattled Industries: Profiles in Resilience
Although the pandemic nearly crushed their industries, these companies are finding ways to thrive.
Kohl’s Cuts Corporate Jobs to Save $65 Million
The layoffs will “further align [Kohl’s] cost base in response to the business impact resulting from the COVID-19 pandemic."
‘High Potentials’ Are Not Putting Career Plans On Hold
In the current climate, CFOs are at risk of losing their most senior direct reports.
Top CEOs Urge Congress to Save Small Firms
More than 100 executives said small businesses need "much more significant and sustained support" than the PPP to weather the COVID-19 pandemic.
Cinema Chain Merger Heads for Court Fight
Cineplex accuses Cineworld of "buyer's remorse" and seeking to avoid its obligations under the merger agreement because of the COVID-19 pandemic.