Sat.Dec 03, 2022

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Marvell Technology, Horizon Therapeutics, DoorDash and more

CFO News Room

Marvell Technology Group. Source: marvell.com. Check out the companies making headlines before the bell: Marvell Technology (MRVL) – The chip maker’s stock slid 4.9% in the premarket after quarterly sales and profit fell short of Wall Street estimates. Marvell also issued a weaker than expected outlook. Inventory reductions by its customers are hurting results, it said.

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This Week on TRB

The Reformed Broker

We’re having a live podcast taping to benefit one of our favorite charities, No Kid Hungry. It’s The Compound’s first ever Fan Appreciation Night and we’re joining forces with our friends at the On The Tape podcast to make it a great experience. Taping is December 16th at the Nasdaq Marketsite in Times Square. We’re reviewing the year that was and looking ahead to 2023.

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When Leaders Struggle with Collaboration

CFO News Room

A client of Luis’s, let’s call him Charlie, a senior executive reporting directly to the CEO, was recently given feedback that despite his outstanding performance, his colleagues struggled to work with him. Charlie’s drive to deliver results, his no-nonsense approach to offering his viewpoints, and the intensity with which he approached most everything made him appear unnecessarily competitive, despite that being the furthest thing from his intent.

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10 Weekend Reads

Barry Ritholtz

The weekend is here! Pour yourself a mug of Volcanica coffee, grab a seat by the fire, and get ready for our longer-form weekend reads: • Cutting-edge tech made this tiny country a major exporter of food : The Netherlands has used advances in vertical farming, seed technology and robotics to become a global model. ( Washington Post ). • The dirty road to clean energy : how China’s electric vehicle boom is ravaging the environment ( Rest Of World ) see also Green Factories Are Changing Minds in M

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Live Demo - Supercharge your Month End Close

Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i

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Weekend Reading For Financial Planners (Dec 3-4) 2022

CFO News Room

Executive Summary. Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with a research study suggesting that the market volatility experienced in 2022 could increase demand for financial planning services. This increased demand could be particularly acute among younger investors (who might be experiencing an inflationary environment and sustained market downturn for the first time) and those nearing retirement (who might seek profession

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Time to Drop TikTok From App Stores?

CFO News Room

James Freeman is assistant editor of The Wall Street Journal’s editorial page and author of the weekday Best of the Web column. He is the co-author of “Borrowed Time: Two Centuries of Booms, Busts and Bailouts at Citi,” recognized as a New York Times Editors’ Choice and a Financial Times Business Book of the Month. He is a contributor to the Fox News Channel and a host of “Deep Dive” on Fox Nation.

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Oyo to layoff 600 employees as part of 'wide ranging' changes in organisation structure

CFO News

Oyo says it's downsizing people in its product and engineering teams, but also hiring staffers in relationship management and business development. The company said the downsizing in tech is also happening in teams that were developing pilots and proof of concepts such as in-app gaming, social content curation and patron facilitated content.

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Apple Makes Plans to Move Production Out of China

CFO News Room

In recent weeks, Apple Inc. has accelerated plans to shift some of its production outside China, long the dominant country in the supply chain that built the world’s most valuable company, say people involved in the discussions. It is telling suppliers to plan more actively for assembling Apple products elsewhere in Asia, particularly India and Vietnam, they say, and looking to reduce dependence on Taiwanese assemblers led by Foxconn Technology Group.

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“Jobs Are Up! Wages Are Up! So Why Am I as an Economist so Gloomy?”

CFO News Room

Yves here. Even though most readers will be familiar with the broad outlines of this story, that current labor market tightness is due more to a decline in workforce participation by prime age workers than robust demand, the Fed has only one remedy for inflation. That is to kill demand to kill jobs to constrain wage growth. This discussion is in layspeak and thus may be suitable for circulating among friends and colleagues who may not appreciate that our current inflation is largely the result o

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Mid-Year Review: How to Ignite Employee Potential Through Meaningful Feedback

Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.

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Professors Are Not “Priests of Democracy”

CFO News Room

On Nov. 17, US District Judge Mark Walker struck down Florida Governor Ron DeSantis’ signature Stop WOKE Act, which bars Florida’s higher education institutions from teaching critical race theory (CRT), and “prohibits school districts, colleges and universities from hiring woke CRT consultants.” Although the decision’s practical ramifications will attract the bulk of media and scholarly attention, the arguments behind Walker’s ruling, which make strong, normative claims about academia’s role in

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