SEC Charges Longfin CEO With Accounting Fraud
SEC Charges Longfin CEO With Accounting Fraud

CFO Magazine · 6 Jun

The U.S. Securities and Exchange Commission has filed additional charges against the CEO of Longfin, alleging he falsified the cryptocurrency firm’s

Blackstone to Convert from a Partnership to a Corporation
Blackstone to Convert from a Partnership to a Corporation

CFO Magazine · 19 Apr

Private-equity firm Blackstone announced it is changing its corporate structure to a corporation from a publicly traded partnership, effective July 1

Fintech Lender Settles with SEC for Overstating Investor Returns

CFO Magazine · 19 Apr

The returns investors can earn from marketplace lending sometimes sound too good to be true. In the case of fintech company Prosper, they were. On Fr

Uber Revs up for Long-Awaited, $10 Billion IPO

CFO Magazine · 12 Apr

Uber set the stage for the largest initial public offering in years, releasing a prospectus that showed revenue growth in its core ride-sharing busin

Cyber Breaches Lead to Cutbacks in Dividends and R&D Spending
Cyber Breaches Lead to Cutbacks in Dividends and R&D Spending

CFO Magazine · 18 Mar

Not many institutional investors question an issuer’s approach to cybersecurity, but maybe they should. After a cyber breach, companies are likely to

Lumber Liquidators Settles Fraud Case for $33M
Lumber Liquidators Settles Fraud Case for $33M

CFO Magazine · 13 Mar

Lumber Liquidators Holdings has agreed to pay a $33 million criminal penalty to settle allegations it made fraudulent statements to investors that Ch

Is Tax Reform Spurring Companies to Use Robots?
Is Tax Reform Spurring Companies to Use Robots?

CFO Magazine · 11 Mar

More companies are finding more uses for robots, a broad trend that certainly will further expand. Many factors explain it — including a perhaps surp

Gymboree To Sell Off Brands
Gymboree To Sell Off Brands

CFO Magazine · 4 Mar

Gymboree Group is selling the rights to its Gymboree and Crazy 8 brand to The Children’s Place for $76 million. The company is also selling its high-

Lyft Gets Head Start on Uber With IPO Filing

CFO Magazine · 4 Mar

Lyft has filed paperwork for an initial public offering, promising to take investors on a ride to a transportation “revolution” but raising doubts ab

Microsoft Workers Protest U.S. Army Contract
Microsoft Workers Protest U.S. Army Contract

CFO Magazine · 25 Feb

Microsoft employees are calling for the company to cancel a contract for augmented reality technology with the U.S. Army, saying they do not wish to

Payless to File Bankruptcy, Shutter U.S. Stores
Payless to File Bankruptcy, Shutter U.S. Stores

CFO Magazine · 18 Feb

Discount footwear chain Payless Shoesource is preparing to file for bankruptcy again after failing to revive its business amid crippling debt and com

U.S. Industrial Output Declines 0.6% in January

CFO Magazine · 15 Feb

U.S. industrial production unexpectedly dipped 0.6% in January, with across-the-board weakness raising alarms that the economy has hit a “soft patch.

JPMorgan Unveils Blockchain Coin for B2B Payments
JPMorgan Unveils Blockchain Coin for B2B Payments

CFO Magazine · 14 Feb

JPMorgan Chase on Thursday announced a move to speed up the settlement of business-to-business transactions by using digital coins. The largest U.S.

Companies Are Worried About Employee Retention, But Don't Plan to Raise Pay

CFO Magazine · 13 Feb

Sixty-six percent of companies said employee retention is a major concern, but a large majority of them don’t plan to raise compensation in a meaning

5 Key Reasons Companies Are Wary of AI Adoption

CFO Magazine · 13 Feb

Many companies expect in the near future to derive substantial benefits from adopting artificial intelligence-powered technologies. However, they mus

Business Credit Startup Nav Raises $44 Million From Goldman, Point72, Experian
Business Credit Startup Nav Raises $44 Million From Goldman, Point72, Experian

CFO Magazine · 11 Feb

Nav, a startup that gives small businesses free access to their credit reports, announced it has raised $44 million from Goldman Sachs Group, Point72

Mismatch: Finance Roles' Importance vs. Performance
Mismatch: Finance Roles' Importance vs. Performance

CFO Magazine · 31 Jan

When it comes to evaluating the performance of corporate finance organizations, finance executives might be their own harshest critics. New research

U.S. Charges Huawei CFO With Iran Fraud
U.S. Charges Huawei CFO With Iran Fraud

CFO Magazine · 29 Jan

The U.S. government charged the CFO of Chinese telecom giant Huawei with deceiving banks as part of a scheme to hide its ownership of a company that

Caterpillar Earnings Miss Amid China Downturn

CFO Magazine · 28 Jan

Caterpillar shares tumbled on Monday after the company reported its biggest earnings miss in a decade, reflecting in part weaker demand for construct

Accounting Watchdog Finds Ongoing Problems at KPMG

CFO Magazine · 28 Jan

The Public Company Accounting Oversight Board (PCAOB) said half of the 52 audits it inspected from top accounting firm KPMG were seriously deficient

Threats' to McKesson Don't Hold Up

CFO Magazine · 25 Jan

It is hard to say anything negative about McKesson. It is a high-quality business with cheap shares. The pharmaceutical distributor should earn aroun

7 Golden Rules for ERP Implementations
7 Golden Rules for ERP Implementations

CFO Magazine · 17 Jan

A few years ago, I made the decision to leave a big multinational company and join a privately held mid-sized company. I joined as the CFO with expan

BlackBerry Buys Cylance to Boost IoT Security
BlackBerry Buys Cylance to Boost IoT Security

CFO Magazine · 16 Nov

BlackBerry said Friday it will acquire machine-learning specialist Cylance for $1.4 billion to enhance the security of its software for autonomous ve

Consumer Spending Growth Slows to 0.3%
Consumer Spending Growth Slows to 0.3%

CFO Magazine · 28 Sep

The pace of growth in U.S. consumer spending slowed in August but economists had expected a slowdown after five straight strong gains.

Visa, Mastercard Settle Long-Running Fee Suit
Visa, Mastercard Settle Long-Running Fee Suit

CFO Magazine · 19 Sep

Visa and Mastercard, along with a number of banks, have agreed to pay $6.2 billion to settle a lawsuit over merchant fees.

China Retaliates Against $200B in U.S. Tariffs

CFO Magazine · 18 Sep

China hit back on Tuesday against new U.S. tariffs on $200 billion worth of Chinese exports, further inflaming fears of a full-bore trade war between