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On the Primacy of the Consumer-Welfare Standard

CFO News Room

Producers who earn profits have actually produced value; producers who suffer losses have not. Activities that are ‘proven’ profitable are continued and perhaps expanded, while activities that generate losses are halted. But to describe as “productive” this extra hour that Joe spends constructing a table is mistaken.

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The UK Construction Sector’s B2B Payment Practices Crumble

PYMNTS

write off $62 billion in unpaid invoice debt as losses every year. 28) concluded that 55 percent of companies in the construction subcontracting industry feel powerless to influence the payment terms of their contracts with larger construction companies. Late payments are considered an epidemic by some in the U.K.

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Walgreens, Coinbase, Duolingo, Ralph Lauren

CFO News Room

Duolingo – Shares of the foreign language learning platform lost 10% after the company reported revenue below expectations while also posting a smaller-than-expected quarterly loss. following reporting a quarterly loss that was smaller than expected. Beazer Homes — Shares of the home construction company added 4.3%

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Duncan Burgess, Global Finance Director

CFO News Room

He then moved to the security construction technology company ICx Technologies as division controller. This meant everyone felt empowered to make the appropriate decisions to drive the company’s profitability”. “By This provided a great grounding once he took on the Financial Controller role at a division of Kodak. .

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China Drafts Updates To Commercial Bank Regulations

PYMNTS

In August, news surfaced that five of the country’s biggest state-owned lenders saw their largest profit losses in at least 10 years, as defaulted debt has jumped amid the coronavirus. During the first two quarters of 2020, these lenders also put more funds aside in anticipation of loan losses to come.

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Do Our Roads Have to be Built by Government?

CFO News Room

Ironically, it was during Jefferson’s presidency that the government first embarked upon road construction, with the National Road. Thus did the federal camel get its nose under the road construction tent. When good-quality roads became commercially important, profit-seeking firms were there to provide them.

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Global trade to rebound modestly: Allianz

Future CFO

To offset some of its losses in global export markets and soft domestic demand, China has increased and will maintain policy support, while also increasing investment abroad to consolidate its influence, Allianz added. Going forward, rising rates should continue to bite profitability and liquidity , while revenue growth should soften.