CFO News Room

JANUARY 29, 2023

A major decision in retirement planning is whether to make pre-tax or Roth (after-tax) 401k contributions. Pre-tax contributions go into your retirement account with money that has not been taxed, and then taxes will be paid when the funds are withdrawn in retirement. With Roth contributions, taxes will be taken from the money prior to placing it in the plan, but it can then be withdrawn tax-free once you retire.

Accounting 130

Accounting Planning Investments 130

CFO News Room

JANUARY 29, 2023

McDonald’s Corp. has a new restaurant outside Fort Worth, Texas, with no tables or seats for customers and a conveyor belt that routes food to drivers who order ahead. Chipotle Mexican Grill Inc. also offers no place for customers to sit inside an Ohio restaurant that only takes digital orders. Taco Bell is evaluating a new design that features four drive-through lanes, double the typical two.

CFO 100

CFO 100

CFO News Room

JANUARY 29, 2023

By Lambert Strether of Corrente. I rarely write a feel-good story; this will be one. As readers know, our ruling class is very strong on keeping their air clean so they don’t catch Covid. Back in 2022, we wrote “ How Ashish Jha and Rochelle Walensky of Newton, MA Protect Their Children from Covid (But not Yours) ” on ventilation in the schools; and recently, at Davos, our ruling class showed, by their actions, that they know #COVIDisAirborne, and will protect themselves from it (but not you) : #

Concentration 130

Concentration Construction Economics Invoicing 130

CFO News Room

JANUARY 29, 2023

In my recently published paper, “ Should Trade’s ‘Losers’ Be Compensated?: An Exploration of the Welfare Economics of the Losses and Costs of Economic Change ” ( Journal of Law, Economics and Policy , 2022) I argue that the risk of job loss for each worker in an exchange economy such as ours is the price that he or she voluntarily pays in order to reap the enormous benefits available to each person who participates in this economy.

Marketing 130

Marketing Economics Transportation Securities 130

CFO News Room

JANUARY 29, 2023

The Intel Corporation logo is seen at a temporary office during the World Economic Forum 2022 (WEF) in the Alpine resort of Davos, Switzerland May 25, 2022. Arnd Wiegmann | Reuters Check out the companies making headlines in after-hours trading. Intel — Shares of Intel plunged 8.2% after the company reported earnings that missed on the top and bottom lines.

Manufacturing 130

Manufacturing Forecasting Economics Marketing 130

CFO News Room

JANUARY 28, 2023

Intel said April 5, 2022 that it has suspended all business operations in Russia. Paco Freire/Sopa Images | Lightrocket | Getty Images Check out the companies making headlines before the bell: Intel — The chipmaker suffered a 9% loss in its shares in early morning trading after its latest financial results missed analysts’ estimates and showed significant declines in the company’s sales, profit and gross margin.

Profit and Loss 130

Profit and Loss Forecasting Marketing Sales 130

CFO News Room

JANUARY 28, 2023

Leaving your job because you’re dissatisfied with the work you’re doing seems reasonable, but if you haven’t given thought to what would actually make you happy, you might end up in the same dissatisfying situation. It’s worth spending some time figuring out what you actually like about your job before making any moves. Take some time to figure out which parts of your job are the ones that bring you the most joy.

Securities 130

Securities Planning 130

CFO News Room

JANUARY 28, 2023

The Roth IRA vs traditional IRA – they’re basically the same plan, right? Not exactly. While they do share some similarities, there are enough distinct differences between the two where they can just as easily qualify as completely separate and distinct retirement plans. To clear up the confusion between the two, let’s look at where Roth IRAs and traditional IRAs are similar, and where they’re different.

Investments 130

Investments Planning Accounting Education 130

CFO News Room

JANUARY 28, 2023

It was 2008, on the eve of the Bucharest Summit, where the North Atlantic Treaty Organization considered expanding by inviting new members from the Balkans and the former Soviet Union. André Glucksmann and I co-signed an open letter to the French president and the German chancellor urging them to hear the pleas of Ukraine, which had sought to protect itself from the Russian empire since it declared independence in 1918.

Planning 100

Planning Securities 100

CFO News Room

JANUARY 28, 2023

Diesel makes the economy go, but it was only last year that the price of the fuel became the stuff of dinner-table conversation. Retail diesel prices soared to an all-time high of $5.816 a gallon last June 19, part of the big run-up in energy costs following Russia’s invasion of Ukraine that strained transportation budgets and fed inflationary pressures.

Profit and Loss 100

Profit and Loss Transportation Budgeting Forecasting 100

CFO News Room

JANUARY 28, 2023

When alpha mice are trounced by weaklings, they spiral into depression Science The future of space travel might rely on buildings made of mushrooms Astronomy How To Respect A Mummy Defector Climate/Environment Future demand for electricity generation materials under different climate mitigation scenarios ScienceDirect. This Company Is Suing the U.S.

Healthcare 130

Healthcare Banking Economics Marketing 130

CFO News Room

JANUARY 28, 2023

How can you get what you want? Years ago, Clarence Carson pointed out that fundamentally, there are four ways, and Paul Cleveland and I explored this in a 2010 article in The Freeman. They are worth revisiting: You can make something yourself, someone can give it to you as a gift, you can steal it, or you can trade for it. Doing it yourself is fun sometimes, but unless you’re doing it recreationally, DIY is the road to poverty and starvation.

Economics 130

Economics 130

CFO News Room

JANUARY 27, 2023

Tiger Tyagarajan is CEO of Genpact, a global firm that advises clients on digital transformation. Tyagarajan helped transform a division of General Electric (GE Capital International Services) into Genpact, a company that now has more than 100,000 employees and annual revenue of $4 billion. He says there’s an important difference between simply “digitizing” your company (by, for example, automating tasks) and truly transforming it digitally, which goes beyond technology to develop the people and

Education 100

Education Technology Leverage Communication 100

CFO News Room

JANUARY 27, 2023

Investing in the stock market, real estate, or crypto has never been easier. Gone are the days when you had to be an expert or work with a stock broker to buy company shares or invest your money. You can invest your money in several ways, with options for every level of risk tolerance and investment understanding. Many of the best online brokerages are designed for beginner investors and offer unique incentives for signing up.

Investments 130

Investments Education Accounting Finance 130

CFO News Room

JANUARY 27, 2023

Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that CFP Board announced this week that it is splitting into two separate organizations with the same leadership but different nonprofit statuses. By switching to 501(c)(6) nonprofit status, the new CFP Board of Standards will have expanded abilities to advance the planning profession through lobbying and more targeted advertising messages to grow the ranks of CFP profess

Nonprofit 130

Nonprofit Practice Management Advertising Leadership 130

CFO News Room

JANUARY 27, 2023

I am not much of a car person and view cars primarily as a mode of transportation. I drive a 2010 Honda Civic, a perfectly serviceable vehicle that is never going to get oohs and ahas from onlookers, but I feel no urge to value Honda. I don’t own a Tesla, and have only driven someone else’s Tesla, but as readers of this blog know, I valued Tesla for the first time in 2014, and I keep returning to the scene of the crime.

Valuation 130

Valuation Investments Manufacturing Marketing 130

CFO News Room

JANUARY 27, 2023

By Lambert Strether of Corrente. “We are what we repeatedly do. Excellence, then, is not an act, but a habit.” — Will Durant (attributed to Aristotle) Policy on Covid in the West is being locked down around a few bullet points (as you can see from what was discussed at the recent meeting of the FDA Advisory Panel on Covid Vaccines , and what was not discussed ( see additional material in today’s links ).

Leverage 100

Leverage Economics Construction Transportation 100

CFO News Room

JANUARY 27, 2023

Real GDP rose 2.9 percent in the 4th quarter of 2022, exceeding estimates ranging from 2.6 to 2.7 percent. This puts the first estimate of overall US economic growth in 2022 at 2.1 percent. While this is notable in light of the brief recession that took place earlier in the year and the aggressive rate hikes undertaken by the Federal Reserve, that growth rate is roughly one-third of real US GDP growth in 2021 (5.7 percent).

Economics 130

Economics Healthcare Leadership Investments 130

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 22, 2023

If you were to look at the inner workings of any successful company, you would notice an intricate web of departments — marketing, IT, HR, engineering, legal, etc. — in a constant give-and-take with the units they support. As business priorities change, certain parts of the company inevitably will command influence and visibility while others get sidelined.

Prioritization 130

Prioritization Leadership Compliance Communication 130

CFO News Room

JANUARY 22, 2023

It is the nature of stocks that you have good years and bad ones, and much as we like to forget about the latter during market booms, they recur at regular intervals, if for no other reason than to remind us that risk is not an abstraction, and that stocks don’t always win, even in the long term. In 2022, we needed that reminder more than ever before, especially after markets came roaring back from the COVID drop in 2020 and 2021.

Forecasting 130

Forecasting Treasury Investments Economics 130

CFO News Room

JANUARY 22, 2023

NRC Certifies First U.S. Small Modular Reactor Design US Department of Energy Mass. health department warns of drug-resistant gonorrhea strain Boston.com Davos The ‘greatest tragedy’ would be if central banks don’t finish the job on inflation, Larry Summers says CNBC (Kevin W) World Economic Forum hemorrhoid, Chrystia Freeland, thinks the middle class makes too much money.

Healthcare 130

Healthcare Pharmaceutical Economics Leadership 130

CFO News Room

JANUARY 22, 2023

In 1991, a year after his controversial firing as men’s basketball coach at North Carolina State University, Jim Valvano published a book titled They Gave Me a Lifetime Contract, and Then They Declared Me Dead. It’s a great title. The past few weeks’ convergence of energy and environmental news reminded me of the irony of that book title. Rolling blackouts, which the 2022 State of Reliability report by the North American Electric Reliability Corporation (NERC) had previously warned about, affect

Construction 130

Construction Advertising Technology Economics 130

CFO News Room

JANUARY 22, 2023

Check out the companies making headlines in midday trading. Netflix – Shares of Netflix jumped 6.3% after the company’s per-share earnings came short of analysts’ expectations. Nevertheless, the latest quarterly results showed the streaming service added millions more subscribers in the quarter than Wall Street anticipated. The company also announced that co-CEO Reed Hastings would step down from the role.

Forecasting 130

Forecasting Retail Sales Marketing 130

CFO News Room

JANUARY 15, 2023

Hedge funds investing in fast-growing public and private companies lost tens of billions of clients’ money last year. That isn’t stopping more “crossover” funds from launching. Mala Gaonkar, 53 years old, a former co-investment chief of Lone Pine Capital LLC, launched her New York-based crossover fund, SurgoCap Partners, on Jan. 3 with $1.8 billion, people familiar with her firm said.

Startups 100

Startups Investments Economics Marketing 100

CFO News Room

JANUARY 15, 2023

Over the last four years, more than 2,000 people have moved to Tulsa, Oklahoma because of Tulsa Remote, a program sponsored by the George Kaiser Family Foundation (GKFF) that pays remote workers $10,000 to move. It was one of the most widely publicized bids by a city to become a hub for remote work — and so far, it’s succeeding, according to two recent studies of the program.

Economics 130

Economics Nonprofit Planning Education 130

CFO News Room

JANUARY 15, 2023

I am not a prolific user of social media platforms, completely inactive on Facebook and a casual lurker on LinkedIn, but I do use Twitter occasionally, and have done so for a long time, with my first tweet in April 2009, making me ancient by Twitter standards. That said, I tweet less than ten times a month and follow only three people (three of my four children) on the platform.

Valuation 130

Valuation Advertising Numbers Education 130

CFO News Room

JANUARY 15, 2023

Airlines should take advantage of new cloud-based tools, industry consultants said, to help prevent the recent snafus brought on by the use of antiquated and siloed technology at Southwest Airlines Co. and the Federal Aviation Administration. These tools, some originating from startups, offer the potential to make airline systems more automated and less dependent on older technologies that can require manual updates and are increasingly expensive to maintain, airline-industry consultants said.

Startups 100

Startups Technology Manufacturing Transportation 100

CFO News Room

JANUARY 15, 2023

See the Largest Flower Ever Found Encased in Amber Scientific American. Skeleton of man who dreaded becoming a museum exhibit will finally be removed from display CNN. Maine gets 1st Mega Millions jackpot with $1.35B grand prize AP. Climate. Newsom proposes cuts to climate change programs amid cloudy economic outlook LA Times. Attaboy. That’s the kind of liberal we like.

Transportation 130

Transportation Economics Accounting 130

CFO News Room

JANUARY 15, 2023

Last month, the Consolidated Appropriations Act of 2023 , or Omnibus package, demonstrated that the majority of politicians have one-track minds. They identify problems, pass legislation, and send the consequences down the line. . In “The Coming Slavery” (1884), Herbert Spencer observed that legislators often fail to perceive that they have set in motion a train on a destructive course.

Education 130

Education Nonprofit Economics Accounting 130

CFO News Room

JANUARY 15, 2023

In this photo illustration the Disney+ logo seen displayed on a smartphone screen. SOPA Images | LightRocket | Getty Images. Check out the companies making headlines in premarket trading. Disney – Disney shares added more than 1% in early morning trading after the company elected independent director Mark Parker as Chairman of the board. It also opposed activist investor Nelson Peltz’s attempt to join the board as the two sides prepare for a proxy battle.

Advertising 130

Advertising Forecasting Marketing Sales 130

CFO News Room

JANUARY 12, 2023

The rise of remote work has made corporate leaders paranoid, thinking they must monitor their employees’ every digital move in order to maintain productivity. But while people often zero in on Facebook, TikTok, or Netflix as potential sources of employee distraction, in truth, we’re often more distracted by the ways in which we work today. The author offers four strategies to help managers get to the root causes of what’s distracting their employees: 1) Open a dialogue about distractions; 2) Sch

Problem Solving 130

Problem Solving Prioritization Planning Securities 130

CFO News Room

JANUARY 12, 2023

As inflation has taken center stage, markets have gone into retreat globally, and across asset classes. In 2022, as bond rates have risen, stock prices have fallen, and crypto has imploded, even true believers are questioning what the bottom for markets might be, and when we will get there. While it is easy to call the market movement in 2022 a correction and to argue that it is overdue, it is facile, and it fails to address the question of why it is happening now, and whether the correction is

Investments 130

Investments Profit and Loss Treasury Marketing 130

CFO News Room

JANUARY 12, 2023

By Lambert Strether of Corrente. Bird Song of the Day. Giant Kingbird, Parque Nacional Alexander von Humboldt; Nuevo Mundo, Guantánamo, Cuba. “Habitat: Forest.” Lots of forest sounds. * * *. 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.

Economics 130

Economics Numbers Nonprofit Accounting 130

CFO News Room

JANUARY 12, 2023

Having been an editor on three journals, I can say that the most difficult thing a journal must do is find referees. So I was thinking last week of how nice it would be to have a “refbot” (software that was trained on what made for a good, publishable article) to use as a referee. And then I suddenly realized that I was contemplating a new kind of singularity.

Economics 130

Economics Accounting 130

CFO News Room

JANUARY 12, 2023

Los Angeles, CaliforniaJan. 11, 2023Flights prepare to take off at LAX on Jan. 11, 2023 after an FAA computer problem. . Carolyn Cole | Los Angeles Times | Getty Images. Check out the companies making headlines in midday trading. Cognizant — Shares of Cognizant rose 8% after the IT company raised its fourth-quarter revenue guidance. It also named Ravi Kumar S as CEO and a member of the board, effective immediately.

Startups 130

Startups Manufacturing Forecasting Sales 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