CFO News Room

JANUARY 27, 2023

American Express, Visa and Mastercard signage are displayed in a shop window in New York. Scott Eells | Bloomberg | Getty Images Check out the companies making headlines in midday trading. American Express — The credit card company saw an 11% jump in its shares after it issued upbeat earnings and revenue guidance for 2023 that was better than expected by Wall Street analysts.

Profit and Loss 130

Profit and Loss Forecasting Manufacturing Marketing 130

CFO News Room

JANUARY 26, 2023

Listen to article (2 minutes) Russia’s war on Ukraine has redrawn the global oil map, rerouting a fleet of skyscraper-size tankers on longer voyages as they shuttle crude shipments that are essential to the global economy. The Wall Street Journal analyzed data from the ship-tracking firm Spire Global that showed the paths of about 3,000 such vessels to find those leaving Russian ports across periods before and after the Russian invasion on Feb. 24.

Analyzing Data 100

Analyzing Data Transportation Marketing Economics 100

CFO News Room

JANUARY 26, 2023

If your team is preparing to announce layoffs virtually, calculated preparation for your executive team is critical. This isn’t just another Zoom meeting; this is an announcement that affects people’s livelihoods and the future of your organization. With the proper preparation, though, you can effectively and compassionately address layoffs online. You’ll need to do the following: first, block out rehearsal time so you’re prepared.

Communication 130

Communication Leadership Securities Planning 130

CFO News Room

JANUARY 26, 2023

Early retirement has become a popular financial goal. And well it should be. Even if you never retire early, just knowing that you can is liberating! And it may just be the strategy that frees you up to take on even bigger challenges in life. That can happen when you reach the point where you no longer have to work for a living. Can You Really Retire at 50?

Investments 130

Investments Planning Accounting Securities 130

CFO News Room

JANUARY 26, 2023

For many financial advisory firm owners, growth is often the primary goal in the early years of launching a business. However, at a certain point, initial business growth goals will have been met, leaving the business owner at a crossroads of deciding where to take the business next – should they maintain the firm’s current size or continue the growth trajectory and adapt to the firm’s growing needs to bring on more clients?

Communication 130

Communication Planning 130

CFO News Room

JANUARY 26, 2023

One of the big news stories of last week was Jack Dorsey stepping down as CEO of Twitter, and the market’s response to that news was to push up Twitter’s stock price by almost 10%. That reaction suggested, at least for the moment, that investors believed that Twitter would be better off without Dorsey running it, a surprise to those in the founder-worship camp.

Marketing 130

Marketing Valuation Manufacturing Investments 130

CFO News Room

JANUARY 26, 2023

By Lambert Strether of Corrente. Patient readers, I apologize that this Water Cooler is so light; I’ve had a tiring couple of days. But you can talk amongst yourselves! –lambert Bird Song of the Day Alpine Thrush, Dhap Kharka, Nepal. * * * Politics “But what is government itself, but the greatest of all reflections on human nature?” –James Madison, Federalist 51 “Here’s food for thought, had Ahab time to think; but Ahab never thinks; he only feels, feels, feels” –Herman Melville, Moby Dick “So m

Manufacturing 130

Manufacturing Economics Communication Healthcare 130

CFO News Room

JANUARY 26, 2023

On Tuesday, the Bureau of Labor Statistics released state employment and unemployment data for December 2022, giving us a full picture of employment changes in the past year. Nationwide, the U.S. economy added 4.5 million jobs in 2022, the second-strongest year for job growth in the past 40 years (after 2021), and a testament to the success of pandemic relief and recovery measures.

Prioritization 130

Prioritization Economics Education Construction 130

CFO News Room

JANUARY 26, 2023

Attacks on the market order are today being issued unabated, and with almost as much gusto from the political right as from the left. Fortunately, the wisdom and insight in classic works such as Adam Smith’s Inquiry Into the Nature and Causes of the Wealth of Nations , Wilhelm von Humboldt’s Limits of State Action , Joseph Schumpeter’s Capitalism, Socialism, and Democracy , and F.A.

Accounting 130

Accounting Economics Transportation Marketing 130

CFO News Room

JANUARY 26, 2023

Check out the companies making headlines in midday trading. Seagate Technology — Shares of the data storage company surged more than 10% a day after Seagate posted beats on the top and bottom line for its fiscal second quarter. Seagate reported earnings of 16 cents per share on revenue of $1.89 billion. Analysts called for earnings of 10 cents per share on $1.83 billion in revenue, according to Refinitiv. related investing news Chevron – Shares of the energy giant popped 4% a day after the compa

Technology 130

Technology Forecasting Sales Marketing 130

CFO News Room

JANUARY 25, 2023

For decades, when companies learned their employees were considering unionizing, they followed a familiar playbook: do everything possible to fight and frustrate the unionization effort. Leaders often take a union drive personally, and see unions as a threat, failing to see the legitimacy of workers’ demands. But right now, with a tight labor market and rising worker organizing, companies should reconsider this approach, and opt for ones that lead to better outcomes for both workers and employer

Communication 130

Communication Numbers Marketing Economics 130

CFO News Room

JANUARY 25, 2023

Are you trying to win the Mega Millions, but your numbers never seem to come up? It may be time to look for better ways to make money. Fortunately, you can earn extra cash without going and getting a “real job.” What are the best ways to avoid sitting in a cubicle all day? Some money-making strategies require an upfront investment, while others let you earn money in your free time with the help of apps.

Profit and Loss 130

Profit and Loss Investments Banking Accounting 130

CFO News Room

JANUARY 25, 2023

With the U.S. economy predicted by many experts to slow down in the near future, many people’s thoughts have turned to the prospect of a recession. And along with those expectations may come concerns for those still in the workforce about the possibility of layoffs, and needing to get by without income for an unknown period of time. Such periods can be fraught with anxiety, since beyond ‘just’ the fear of losing one’s livelihood is the realization that there is little way to control

Planning 130

Planning Securities 130

CFO News Room

JANUARY 25, 2023

WeChat is the most popular communications platform in the world for Chinese speakers. It’s also a preferred vehicle for China’s Communist Party to steal data, censor, propagandize and spread disinformation in the U.S., where the app has an average of 19 million daily users. Congress banned the use of TikTok on government devices recently, and the Biden administration is reportedly seeking to go further by, for instance, limiting access to user data to mitigate the app’s dangers.

Communication 100

Communication Securities Technology Entertainment 100

CFO News Room

JANUARY 25, 2023

At the start of every semester for as long as I can remember, I have invited people to sit in informally on my classes at NYU or take the shorter online versions on my website. After thirty six years of teaching, you would think I would be jaded, but I am not. As we get ready for the spring, I am excited, perhaps more so than usual, because I hope to finally be in a real classroom, instead of online, for my classes.

Marketing 130

Marketing Corporate Finance Valuation Finance 130

CFO News Room

JANUARY 25, 2023

The world’s two biggest shipping lines said they would end their vessel-sharing partnership in 2025, a move that would shuffle a lineup of global alliances as demand for trade is weakening. A.P. Moeller-Maersk and Mediterranean Shipping Co. created the so-called 2M alliance in 2015 to help them reduce costs by sharing cargo on major ocean routes. Rivals formed similar partnerships , creating the Ocean Alliance and THE Alliance.

Transportation 100

Transportation Retail Securities Marketing 100

CFO News Room

JANUARY 25, 2023

By Lambert Strether of Corrente. As readers know, I stan for Covid nasal sprays, whether as prophylactics or vaccines (see here and here , plus many mentions in Links and Water Cooler). So I figured it was time for another look, because “science is popping.” I should say right away that the headline is a bit deceptive. The elephant in the room is that India’s Bharat Biotech, a major contract vaccine manufacturer, will be launching its own nasal vaccine, iNCOVACC (BBV154), tomorrow, January 26 ,

Benchmarking 130

Benchmarking Construction Manufacturing Investments 130

CFO News Room

JANUARY 25, 2023

In the early days of the COVID pandemic, the Federal Reserve and central banks around the world pulled out all the stops. Policy rates were yanked to Zero Interest Rate Policy (ZIRP) levels, facilities were extended to provide liquidity to firms having difficulty selling securities in the primary and secondary markets, and direct lending to individuals and firms reached never-before-seen levels.

Economics 130

Economics Foreign Exchange Finance Treasury 130

CFO News Room

JANUARY 25, 2023

Shoppers shop at AT&T in the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania. Mark Makela | Getty Images Check out the companies making the biggest moves midday: News Corp , Fox — News Corp rallied 5.4%, while Fox news gained more than 2%, after Rupert Murdoch called off plans to merge the two companies. related investing news AT&T — The telecommunications giant rallied 5.4% after reporting more wireless subscribers than expected for the fourth quarter.

Marketing 130

Marketing Investments Planning Banking 130

CFO News Room

JANUARY 24, 2023

CURT NICKISCH: Welcome to the HBR IdeaCast from Harvard Business Review. I’m Curt Nickisch. We love to celebrate entrepreneurship. We love to celebrate great business leadership. But for all that attention and oxygen, it’s still an enigma. You know it when you see it, but what are the necessary traits of a successful founder? What is the decision tree that a compelling organizational leader follows?

Leadership 130

Leadership Startups Planning Construction 130

CFO News Room

JANUARY 24, 2023

The 401(k) plan is the largest asset many investors own accounting for 36.2% of their total net worth according to the U.S. Census Bureau. Regularly checking your 401(k) account can help you stay on top of your investments, and make sure that your money is working for you in the best way possible. What is a 401k? A 401(k) is a type of retirement savings plan offered by many employers to their employees.

Investments 130

Investments Accounting Planning Budgeting 130

CFO News Room

JANUARY 24, 2023

Welcome back to the 317th episode of the Financial Advisor Success Podcast ! My guest on today’s podcast is Jennifer Climo. Jennifer is the CEO and a Senior Advisor for Milestone Financial Planning, an independent RIA based in Bedford, New Hampshire, that oversees $360 million in assets under management for 225 client households. What’s unique about Jennifer, though, is how, after more than a decade of building her own successful solo practice, she intentionally decided to merge her

Practice Management 130

Practice Management Planning Communication Leverage 130

CFO News Room

JANUARY 24, 2023

Hong Kong publisher and democracy advocate Jimmy Lai faces up to life in prison for daring to speak the truth about the Communist Party. But U.K. Prime Minister Rishi Sunak couldn’t manage even to utter Mr. Lai’s name in Parliament this month. Tory MP Iain Duncan Smith raised Mr. Lai’s plight during the Prime Minister’s Questions on Jan. 11. He noted that Mr.

Securities 100

Securities 100

CFO News Room

JANUARY 24, 2023

Happy New Year, and I hope that 2022 brings you good tidings! To start the year, I returned to a ritual that I have practiced for thirty years, and that is to take a look at not just market changes over the last year, but also to get measures of the financial standing and practices of companies around the world. Those measures took a beating in 2020, as COVID decimated the earnings of companies in many sectors and regions of the world, and while 2021 was a return to some degree of normalcy, the

Marketing 130

Marketing Valuation Corporate Finance Currencies 130

CFO News Room

JANUARY 24, 2023

By Lambert Strether of Corrente. Bird Song of the Day Varied Thrush, Snohomish, Washington, United States Media from this location Illustrated Checklist. “Natural vocalization. Song from a male bird perched on the top of a tall leafless deciduous tree. Spacing between notes much closer together than normal song; perhaps this is dawn song (though no such vocalization is described in BNA) or subsong.

Manufacturing 130

Manufacturing Construction Economics Banking 130

CFO News Room

JANUARY 24, 2023

Are chain stores and chain restaurants wrecking the world and turning our colorful, quirky, diverse world into a uniformly bland, corporatized dystopia, where every place looks like every other place, leaving every place with no sense of place ? Hardly. More chains might mean Minneapolis, Montgomery, Montreal, and Milan all resemble one another, but they resemble one another because they offer ever-expanding arrays of options for people looking to feed, clothe, entertain, and express themselves.

Economics 130

Economics Entertainment Compliance Retail 130

CFO News Room

JANUARY 24, 2023

A woman walks near a Bed Bath & Beyond branch on January 11, 2023 in New York City. Leonardo Munoz | View Press | Corbis News | Getty Images Check out the companies making headlines in midday trading Tuesday. Lyft — The ride-sharing app’s stock added 1.5% following an upgrade to overweight from sector weight by KeyBanc. The firm said cost-saving strategies such as layoffs and stabilizing demand could help the stock.

Profit and Loss 130

Profit and Loss Manufacturing Marketing Economics 130

CFO News Room

JANUARY 20, 2023

One of the few positive side effects of the deadly and catastrophically disruptive Covid-19 pandemic has been the blossoming of telehealth. Though useful telehealth technology has been available for several years, adoption was slow until providers had to scale it up in a matter of weeks as a safe way to see and treat patients when clinics were closed.

Communication 100

Communication Leverage Technology Planning 100

CFO News Room

JANUARY 20, 2023

If you feel like it’s getting more and more difficult to get ahead, it may be time to earn more money. But, if you can’t see that happening at your 9-5 job, you may have to take matters into your own hands. Here’s the good news: side hustles let you earn extra cash while maintaining a flexible schedule. Some side hustles can be started quickly, while others require specialized knowledge or skills that may take some time to build.

Advertising 130

Advertising Sales Investments Transportation 130

CFO News Room

JANUARY 20, 2023

Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that several states are considering a series of tax hikes targeting higher-income and ultra-high-net-worth residents after similar proposals failed to pass at the Federal level. While it remains to be seen whether the measures will actually be enacted, proposed measures include raising income and capital gains tax rates, instituting wealth taxes, and reducing the state estate t

Practice Management 130

Practice Management Leadership Cash Management Economics 130

CFO News Room

JANUARY 20, 2023

Sadanand Dhume writes a biweekly column on India and South Asia for WSJ.com. He focuses on the region’s politics, economics and foreign policy. Mr. Dhume is also a resident fellow at the American Enterprise Institute in Washington, D.C. Previously he worked as the New Delhi bureau chief of the Far Eastern Economic Review (FEER), and as Indonesia correspondent for FEER and The Wall Street Journal Asia.

Economics 100

Economics 100

CFO News Room

JANUARY 20, 2023

In the first few weeks of 2022, we have had repeated reminders from the market that risk never goes away for good, even in the most buoyant markets, and that when it returns, investors still seem to be surprised that it is there. Investors all talk about risk, but there seems to be little consensus on what it is, how it should be measured, and how it plays out in the short and long term.

Hurdle Rate 130

Hurdle Rate Currencies Investments Corporate Finance 130

CFO News Room

JANUARY 20, 2023

After a period of steep inflation, Americans have seen monthly price growth ease, but when will things get back to normal? The inflation benchmark, measuring price growth over a year, hit a 40-year high in June after months of sustained price increases. Since then, monthly gains have slowed. While December 2022 prices were up 6.5% from a year earlier, a Wall Street Journal analysis of Labor Department data indicates that annual growth has eased to levels that existed before the pandemic.

Benchmarking 100

Benchmarking Economics Marketing CFO 100

CFO News Room

JANUARY 20, 2023

By Lambert Strether of Corrente. Bird Song of the Day Black x Eastern Phoebe (hybrid), Big Thompson River Bike Trail, Larimer, Colorado, United States. “Dawn song and various calls from the hybrid.” 28 minutes long, with a lot going on, so you can listen while making your coffee * * * Politics “But what is government itself, but the greatest of all reflections on human nature?

Nonprofit 130

Nonprofit Securities Treasury Economics 130

CFO News Room

JANUARY 20, 2023

After looking around a bit, I asked the cashier at a nearby convenience store if he had any nine-volt batteries because I didn’t see any on the shelf. To my good fortune, he did. I asked for two of them and pulled a $5 bill out of my wallet as he rang them up. “$12,” he said. I gasped a little, put the $5 away, and reached for my credit card. It had been a while since I’d bought batteries, but $12 for two batteries seemed a little steep.

Economics 130

Economics 130

CFO News Room

JANUARY 20, 2023

Tech stocks on display at the Nasdaq. Peter Kramer | CNBC Check out the companies making headlines in midday trading. Netflix — Shares of the streaming giant jumped more than 6% after Netflix added 7.66 million net subscribers in the fourth quarter, above the 4.57 million expected, according to StreetAccount. Founder Reed Hastings also announced that he is stepping away from his CEO role.

Profit and Loss 130

Profit and Loss Pharmaceutical Manufacturing Forecasting 130

CFO News Room

JANUARY 11, 2023

Large companies (especially in the tech sector) are conducting layoffs and cutting costs. For sales teams selling to clients in cost-cutting mode, this requires new tactics. B2B sellers must recognize that a slow economy creates different kinds of opportunities: that buyers’ time horizons become shorter, their willingness to take the risk of working with a new vendor goes down, and their focus on core, profitable business units go up (making it harder to sell to experimental or peripheral busine

B2B 100

B2B Sales Concentration Restructuring 100