Sat.Nov 19, 2022

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Foot Locker, JD.com, Gap and others

CFO News Room

Check out the companies making headlines before the bell: Foot Locker (FL) – Foot Locker shares soared 14% in the premarket after beating top and bottom line estimates for its latest quarter. The apparel and footwear retailer also raised its full-year forecast and reported an unexpected rise in comparable store sales. JD.com (JD) – The China-based e-commerce company reported better-than-expected quarterly results as Covid-related lockdowns in China prompted more consumers to shop online.

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This Week on TRB

The Reformed Broker

We made some industry news this week with the hiring of Ritholtz Wealth Management’s first President. You can read about it at Investment News here. And if you haven’t subscribed yet, don’t wait. Check it out below or wherever fine podcasts are played. . The post This Week on TRB appeared first on The Reformed Broker.

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Pandemic People Problems

CFO News Room

Last night, our community of senior accounting and finance professionals gathered for the final GENCFO South of the year. The meetup was filled with thinking, connecting and sharing at the BFI Stephen Street in Fitzrovia, London. We were excited to hear from Tim Schöler, CFO of Mercedes Benz Retail Group, our special speaker for the night – and he did not disappoint!

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MiB: Marcus Shaw, CEO of AltFinance

Barry Ritholtz

?. This week, we speak with Marcus Shaw, the chief executive officer and president of AltFinance , a $90 million initiative to encourage students at historically Black colleges and universities to pursue careers in the alternative investment industry. Prior to joining AltFinance, Shaw founded Montgomery TechLab, an organization to support inclusive economic growth in Montgomery, Alabama, and was CEO of The Company Lab (CO.LAB) in Chattanooga, Tennessee; he has also spent more than a decade work

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Planning Your Restaurants Path to Profitability

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.

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Amazon Looks to Sparrow to Carry its Robotics Ambitions

CFO News Room

WESTBOROUGH, MASS. — In a brightly lighted warehouse tucked along an industrial road about 45 minutes west of Boston, a yellow-plated, gooseneck-like mechanical arm stretched one recent morning and plucked a plastic jar holding a powdered drink mix out of a yellow box. The device rose up, spun around with a loud whirring sound and gently placed the jar a few feet away into a gray bin.

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From a Shadow Constitution to a Network State

CFO News Room

Balaji Srinivasan has distinguished himself as a non-neuroatypical fount. Ideas and analyses pour out of him, even on bad days. He regales interviewers momently with acronyms and anecdotes as if on a Modafinil drip. One time he melted Tim Ferriss’s face for four hours , which is that podcaster’s entire workweek. More recently, Srinivasan did a seven-hour marathon with the sleepy Lex Fridman.

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They Lived Together, Worked Together and Lost Billions Together: Inside Sam Bankman-Fried’s Doomed FTX Empire

CFO News Room

NASSAU, Bahamas—Sam Bankman-Fried’s $32 billion crypto-trading empire collapsed in an incandescent bankruptcy last week, prompting irate customers , crypto acolytes and Silicon Valley bigwigs to ask how something that seemed so promising could have imploded so fast. The emerging picture suggests FTX wasn’t simply felled by a rival , or undone by a bad trade or the relentless fall this year in the value of cryptocurrencies.

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5 Ways to Make it Happen

CFO News Room

Could you turn $0 to $10,000 within a year? If you’re willing to put in the work, there are ways to do it. With most $0 to $10,000 challenges you find online, participants usually look for “free stuff” they can sell or trade. From there, they invest time and energy into “trading up” to better stuff that can make money, or they create a business strategy that helps them grow their initial cash into something bigger.

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Weekend Reading For Financial Planners (Nov 19-20) 2022

CFO News Room

Executive Summary. Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that AdvisorTech giant Envestnet has announced a partnership with New Zealand-based FNZ that will allow Envestnet to offer custodial services to advisors beginning in the second half of 2023. At a time of significant change in the RIA custodial space, epitomized by the ‘Schwabitrade’ integration (also in late 2023), Envestnet’s custodial offering will p

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How Automation is Driving Efficiency Through the Last Mile of Reporting

Speaker: Jamie Eagan

As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of

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Links 11/19/2022 | naked capitalism

CFO News Room

Hybrid ‘Brolar Bears’ Could Spread Through The Arctic as The Planet Warms ScienceAlert (Chuck L). Sheep flocks operate as a type of ‘collective intelligence’ and elect temporary leaders to guide them while moving ZMEScience (Dr. Kevin). What is the Boundary Waters worth? Counties and Forest Service disagree Wilderness News (Chuck L). NASA’s Webb Catches Fiery Hourglass as New Star Forms NASA (lyman alpha blob).