NextCar to partner with Westlake Financial
The agreement between the vehicle subscription service startup founded by former Fair CEO Scott Painter and Westlake will include a $400 million debt facility. Westlake will handle origination and servicing......»»
Where internal audit teams are spending most of their time
Over half of key stakeholders including audit committees, company boards, and chief financial officers are looking to internal audit teams to take on more risk-related work, according to AuditBoard. The study revealed that these expanding expectation.....»»
CDK cyberattacks dampen public dealership groups" Q2 numbers
The June 19 CDK cyberattacks significantly dampened earnings or created noteworthy short-term financial setbacks for five of the six public dealership groups......»»
Securonix and Cribl partner to enhance threat detection with advanced data integration
Securonix and Cribl announced a strategic partnership focused on providing customers with enhanced threat detection, based on a broader range of enterprise data being analyzed for AI-powered attacks. Securonix recently announced Securonix EON with a.....»»
CrowdStrike cause revealed; small print may protect it from lawsuits
The cause of the CrowdStrike mess has been revealed by the company, together with the steps it has taken to ensure nothing similar can happen again. The company is facing a deluge of lawsuits over the estimated $5B worth of financial losses incurr.....»»
New study explores the role expectations, conflicts and ambiguity of the chief financial officer
New research from Monash University has revealed the role of the chief financial officer is widely ambiguous, and has a range of conflicting expectations placed upon it, relating to digital transformation, leadership, coaching and mentoring capabilit.....»»
Data protection is poor for African farmers who use digital services: Kenya and Ghana cases highlight gaps
Across Africa, agricultural producers are turning to digital solutions to get information about farming methods, market access or financial services. By 2022, there were 666 of these solutions operating on the continent, the highest number among all.....»»
Researchers identify global hotspots for flows of "dirty money", with Dubai and Hong Kong emerging as focal points
New research from the University of Sussex, published August 5 has identified a large-scale shift from the UK to what researchers are terming the "Dubai-Kong axis" as a new hotspot for illicit financial flows (IFFs)—money tied to corruption, organi.....»»
Study examines how financial disclosure policy affects firms" innovation strategy
If companies in sectors like pharmaceuticals or technology could keep early failures private, would that encourage more innovation and long-term success?.....»»
EV delays, changing plans dim suppliers" financial outlooks
Suppliers said automakers' rapidly shifting electrification plans will weigh on their future earnings as they make fewer parts for electric vehicles than they were banking on......»»
Four key things our study of 25 years of data revealed about entrepreneurs in the UK
Over the past 25 years, the world has lived through major shocks from the 9/11 terror attacks to the global financial crisis to COVID. More recently, the UK—like many other countries—has faced a rising cost of living and stagnant growth......»»
15,000 Intel job cuts announced, with Apple and Microsoft key factors in the decline
Some 15,000 Intel job cuts have been announced by the company, as it implements a $10B cost-reduction program to try to resolve its financial difficulties. Intel CEO Pat Gelsinger told employees that revenues have not grown in the way the company.....»»
Apple"s third quarter 2024 results show return to growth, with Wall Street beat
Apple's third-quarter financial results have improved considerably compared to 2023, with sales figures across every aspect of the company beating Wall Street expectations.Apple CEO Tim CookApple has disclosed its quarterly financial results for Q3 2.....»»
How Apple"s quietest quarter shouted back at Wall Street
Apple's third-quarter financial results were a significant improvement for 2024. Here's how the figures visually break down in a quarter where Apple soundly beat Wall Street's forecasts.Apple CEO Tim CookAhead of the quarterly results for the third q.....»»
Magna, in unusual step, lowers 2026 outlook on EV uncertainty, contract assembly woes
Magna International took the unusual step of lowering its outlook for its 2026 financial performance as it grapples with automakers reducing, postponing or canceling electric vehicle plans amid soft sales growth......»»
Who are the two major hackers Russia just received in a prisoner swap?
Both men committed major financial crimes—and had powerful friends. Enlarge (credit: Getty Images) As part of today’s blockbuster prisoner swap between the US and Russia, which freed the journalist Evan Gershkovich a.....»»
Practical strategies to mitigate risk and secure SAP environments
Large companies use ERP applications to manage business processes, including payroll and financial planning. This is precisely why bad actors are taking a renewed interest in these legacy systems – and succeeding. In this Help Net Security vide.....»»
Report: Apple disrupts overseas acquisition that involves Indian partner
Apple is a technology company. It specializes in creating products. But as a global force in the world, it can also get caught up in international drama. Today, a new report details one such situation playing out that involves India, China, and compe.....»»
Acceptance seen as a key to "financial mindfulness"
Products and services alluding to financial mindfulness abound, but what exactly are they promising?.....»»
Environmental, social initiatives lead to greater returns for hospitality firms in high-income nations
Global sustainability initiatives like the environmental, social and governance (ESG) investing principle may lead to greater financial gains for hospitality firms in high-income countries but not in low-income nations, according to new findings from.....»»
From scandals to slowdown, Toyota"s top 5 challenges in key earnings report
Toyota, after record financial results in the previous fiscal year, faces strong headwinds as it readies this week's key first-quarter earnings report. From safety scandals and production suspensions to wobbly China sales, here are the top 5 issues t.....»»