As inflation continues to pressure the consumer-goods industry, both companies' new CFOs will need to stem the erosion of market share without reducing profitability by spending too much on advertising or new products.
Microsoft exec follows OpenAI and Google in promoting proposals for responsible development of AI to "ensure that humanity remains in control of technology."
When employees can't pay for emergency expenses, they stress about money during working hours—which has ripple effects that impact not only their retirement savings, but also their ability to be productive.
The U.S. Treasury Department pinned down June 5 as the specific date on which the U.S. may default on its debt if Congress doesn't act—four days later than the previous estimate.
The New Y orkDepartment of Financial Services fined a crypto company $1.2 million for not conducting proper information security risk assessments and for using templated policies, without customizing them to fit the company.
Fitch Ratings warns the nation's AAA rating is under threat from the political standoff over the debt limit; DBRS Morningstar places the U.S. AAA rating under review "with negative implications"; and the cost of insuring U.S. sovereign debt with derivatives has risen.
According to Gartner analyst Mark D. McDonald, some finance professionals are actively learning about generative AI and starting to experiment with it—and they're the ones who will succeed in the long run.
The company has issued five green bonds, including a $1 billion offering earlier this month. "Added scrutiny ... enables our platform to continue to shine compared to the rest of the market."
