A Question of Coverage: Business Interruption Claims
The courts will decide whether interruption insurance policyholders have legitimate claims for their pandemic-related losses.
CFOs Being Cautious With Balance-Sheet Cash
Many finance execs plan to maintain their higher cash balances until at least September, finds the AFP.
U.S. Home Sales Slide Again Amid Low Supply
"Lack of inventory continues to be the overwhelming factor holding back home sales," the National Association of Realtors says.
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."