The Financial Reporting Council unveiled a three-year plan covering its strategy and priorities during a pivotal transitional period.
America’s biggest businesses employed more female and Black finance chiefs in 2021 than ever before, albeit coming from a relatively low base, a trend recruiters expect will accelerate in 2022.
Teodora Gouneva was previously the travel platform’s vice president of finance.
Finance chiefs are entering the year facing myriad challenges, ranging from supply-chain bottlenecks to inflation to regulatory scrutiny over their companies’ environmental risks and fundraising plans.
Retail-trading platform Robinhood Markets doesn’t plan on spending significant amounts of corporate cash on crypto assets anytime soon, Chief Financial Officer Jason Warnick said.
High inflation makes it “very compelling” for the central bank to raise its short interest-rate target, according to Federal Reserve Bank of Cleveland President Loretta Mester. She also said she believes the Fed will raise rates three times in 2022.
Biopharmaceutical firm Pardes Biosciences plans to spend a large chunk of the funds it raised through a public offering late last month on a pill it is developing to treat Covid-19, including on manufacturing and hiring more clinical staff.
David Zinsner, previously the CFO of Micron Technology, will join Intel next week
Corporate spending on big-ticket items such as stores, warehouses and data centers is expected to remain strong this year after companies in 2021 boosted investments to meet rebounding customer demand.
PricewaterhouseCoopers and Prager Metis made acquisitions last month, following the example set by other companies to launch operations in the metaverse.
Claire McDonough is tasked with allocating billions of dollars toward expanding the company’s production capacity.
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Quarterly sales rose 6%, led by health and cleaning products, with price increases accounting for half of the jump.55
U.S. share benchmarks and government-bond prices clawed back some losses, as major banks and household names reported earnings.