CFO

There are no Black executives in the role of chair, CEO or CFO at Britain’s 100 biggest companies for the first time since 2014, according to a report.

Top executives are split over whether business travel will ever return to the pre-Covid level, and the more-doubtful group controls corporate budgets: CFOs.

CFOs are cautiously optimistic about 2021 spending and hiring, though more layoffs loom, and a Covid-19 case surge is battling vaccine optimism in the outlook.

President-elect Joe Biden vowed to repeal the Trump corporate tax cuts, but CFOs think it is unlikely their tax rate goes up to 28%: Q4 CNBC CFO survey.

China’s economic gains place it ahead of the U.S. and other regions in achieving growth after the pandemic, according to the Q4 CNBC Global CFO Council Survey.

Apple investors have speculated for years about the possibility that Apple could sell hardware, like the iPhone, on a subscription basis. It’s been a hot topic of conversation among analysts because investors tend to value the predictability of recurring revenue.

Apple investors have speculated for years about the possibility that Apple could sell hardware, like the iPhone, on a subscription basis. It’s been a hot topic of conversation among analysts because investors tend to value the predictability of recurring revenue.

WeWork CEO Adam Neumann will step down amid controversy over his role, the company has confirmed. Vice Chairman Sebastian Gunningham, a former Amazon exec, and CFO Artie Minson, formerly of AOL and Time Warner Cable, will take over as co-CEOs, while Neumann will be non-executive chairman, the company said. The new CEOs are not taking over on an interim basis,...

The company currently operates over 5,700 stores across 14 countries. GameStop has closed 195 stores since the second quarter of last year.

Kohl’s, J.C. Penney and Home Depot executives were united in their messaging against additional taxes on imports from China, as they spoke with analysts during post-earnings conference calls Tuesday. Kohl’s, which saw its stock dive to a 52-week low after cutting its earnings estimates, blamed part of the reason for its lower forecast on a hit from tariffs. “Right now...

Tesla CEO Elon Musk told employees in a company-wide email Thursday that $2 billion in new funds raised this month were only enough to get through 10 months if Tesla keeps spending as it did in the first quarter of 2019. He requested that everyone at the company take “hardcore” measures to pull back on spending. Musk wrote in the...

A federal appeals judge ruled Tuesday AT&T’s merger with Time Warner can stand. The ruling brings closer the conclusion of a years-long merger process that has pitted AT&T against U.S. antitrust regulators. Shares of AT&T popped immediately following the news to trade roughly half of 1 percent higher. “The merger of these innovative companies has already yielded significant consumer benefits,...

Macy’s said Tuesday it will cut about 100 management jobs as looks trim costs and improve profitability amid declining sales. The department store chain was able to top lowered expectations for its fourth quarter. But same-store sales came up short of expectations, as tourism spending weakened toward the end of 2018. Macy’s was forced to cut its 2018 outlook last...

Online bargain websites can offer cheap hotel, travel and entertainment deals. Now, patients can use bargain sites to find deals on medical procedures.

The longtime financial manager of President Donald Trump’s company, the Trump Organization, was granted immunity by federal prosecutors in New York during the investigation of Michael Cohen, multiple people with knowledge of the matter told NBC News. Trump Organization CFO Allen Weisselberg is referred to as “Executive-1” in court documents signed by Cohen, who pleaded guilty this week to eight...

Crocs announced that it was closing the last of its manufacturing stores on Tuesday, but the footwear company asserted that it was not going out of business. “In connection with ongoing efforts to simplify the business and improve profitability, during the second quarter, the company closed its manufacturing facility in Mexico and moved ahead with plans to close its last...

The McKinney Independent School District plans to kick off the 2018 football season at their new $70 million stadium later this month and will postpone repairing cracks found in concourses until after the football and soccer seasons.

The second of three forensic engineering reports, investigating excessive cracking in McKinney ISD’s yet to be opened $70 million dollar stadium, was made public Monday morning.

Officials with the McKinney Independent School District say they don’t know when their new $70 million stadium and event center will open after several cracks have been found in the concrete.

When a Frisco couple saw their daughter’s collar bone snap during a wrestling match, they thought the school’s insurance would take care of her medical bills. But when that didn’t happen, they called NBC 5’s Samantha Chatman for help.