The global economic landscape is increasingly complex and unpredictable. One thing remains certain, however: Having a savvy, steady chief financial officer helming the finance function can do wonders for business success. Understanding how a CFO’s responsibilities have expanded and what qualities are now essential in a CFO is crucial for enterprises looking to grow and
Apple Chief Financial Officer Luca Maestri is set to step down at the start of next year. Maestri will exit the CFO office starting Jan. 1 but continue to lead Apple’s corporate services teams, according to a Monday (Aug. 26) press release. Kevan Parekh, Apple’s vice president of financial planning and analysis, will take his
Former President Donald Trump gives the keynote address at Turning Point Action’s “The People’s Convention” in Detroit, June 15, 2024. Bill Pugliano | Getty Images Trump also brought up the Supreme Court’s decision in 2023 to block President Joe Biden’s first attempt at broad student loan cancellation: “He got rebuked, and then he did it
Stability AI said Tuesday (June 25) that it secured “significant” new funding from an investment group and appointed a new CEO and a new executive chairman. The new capital and leadership will accelerate the company’s growth and ability to deliver generative artificial intelligence (AI) products, Stability AI said in a Tuesday press release. The firm’s
Which industry’s job market will be most impacted by artificial intelligence (AI)? According to a new report by Citi, a little more than half — 54% — of jobs in the banking sector have a higher potential for automation, while another 12% could be augmented by AI. “AI-powered clients could increase price competition in the
D’Aungilique Jackson, of Fresno, California, holds a “Cancel Student Debt” sign outside the U.S. Supreme Court in Washington, D.C., after the nation’s high court struck down President Joe Biden’s student debt relief program on Friday, June 30, 2023. Kent Nishimura | Los Angeles Times | Getty Images “There is a common-sense fairness question when it