Thu.Nov 07, 2024

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Lobbying Against Enforcement

Harvard Corporate Governance

Posted by Reilly S. Steel (Columbia Law School), on Thursday, November 7, 2024 Editor's Note: Reilly Steel is an Academic Fellow and Lecturer in Law at Columbia Law School. This post is based on his recent paper. How pervasive is the strategic use of corporate political spending to avoid agency enforcement? In a new working paper, I attempt to gain traction on this question with data on nearly two decades of corporate political spending and investigations by the U.S.

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Key considerations for CEOs in the oil and gas sector

Mckinsey and Company

The oil and gas industry has recently seen strong financial performance and is refocusing on its core, but it still needs to find answers to drive growth post-2030.

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What Does a Shareholder Engagement Program Look Like?

Harvard Corporate Governance

Posted by Broc Romanek, Cooley LLP, on Thursday, November 7, 2024 Editor's Note: Broc Romanek is a Senior Strategic Advisor at Cooley LLP. This post is based on his Cooley memorandum. Companies need an organized set of engagement procedures with priorities and the ability to call on internal cross-department coordination – and director participation – when needed, depending on what is on the engagement agenda.

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Banks Need a Digital Strategy to Manage the $84 Trillion Generational Wealth Transfer

Global Finance

This “Great Wealth Transfer” will impact millions of people around the world and could potentially open up exciting opportunities to reshape our financial systems and redistribute wealth to support both people and our planet. More immediately, however, this unprecedented transfer of wealth represents a major challenge for banks, particularly those who provide services to high-net-worth individuals.

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How to Leverage Intent Data for Better Outcomes

Speaker: Susan Spencer, Principal of Spencer Communications

Intent signal data can go a long way toward shortening sales cycles and closing more deals. The challenge is deciding which is the best type of intent data to help your company meet its sales and marketing goals. In this webinar, Susan Spencer, fractional CMO and principal of Spencer Communications, will unpack the differences between contact-level and company-level intent signals.

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When You Should (and Shouldn’t) Have an AI Leader in the C-suite

Harvard Corporate Governance

Posted by Fawad Bajwa, Russell Reynolds Associates, on Thursday, November 7, 2024 Editor's Note: Fawad Bajwa is a Managing Director at Russell Reynolds Associates and leads the firm’s Global AI, Data and Analytics practice. This post is based on his Russell Reynolds memorandum. There’s a growing imperative for companies to take a comprehensive approach to AI–but do you really need a Chief AI Officer in the C-suite for that?

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Supercharging product portfolio performance with generative AI

Mckinsey and Company

When generative AI tools do the heavy lifting, companies can optimize their product portfolios faster and more effectively.

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More Trending

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November Regulatory Update: CFPB Guidance Piles Up and Redlining Enforcement

N Contracts

It’s autumn and the leaves are falling – but they’ve got nothing on the fresh pile of paperwork from the CFPB. Meanwhile, the Justice Department is going gangbusters on redlining enforcement.

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Important Tax Tips for 2024

Machen McChesney

The U.S. tax code is complicated and often hard to understand, with many provisions, credits, and disallowances. Let's review a few credits that many people are interested in , as well as how to respond to the IRS if you get married — or get a taxes-due notice. The Employee Retention Credit The ERC was implemented as part of the Coronavirus Aid, Relief, and Economic Security Act to encourage businesses affected by the pandemic to keep staff on payroll during lockdowns and times of reduced busine

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Buffett’s Apple sales and cash pile spark intrigue over motives

Financial Times M&A

Berkshire Hathaway has investors asking questions after filling its coffers by unwinding its most profitable trade

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Capital expenditure efficiency in chemicals: An opportunity for CFOs

Mckinsey and Company

Chemical CFOs are tasked with driving shareholder returns in an era of rising costs. Answering five key questions can help balance spending with strategic initiatives and stakeholder returns.

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Statement of Cash Flows vs. Cash Flow Statement

Speaker: Wayne Spivak - President and Chief Financial Officer of SBA * Consulting LTD, Industry Writer, and Public Speaker

The old adages that "cash is king" and "you can’t spend profits" still hold true today. But however well-known these sayings might be, it requires a change in mindset to properly implement a cash flow management system that predicts your business's runaway as accurately as possible. Key to this new mindset is understanding the difference between the Statement of Cash Flows, a historical look at the source and uses of cash, and the Cash Flow Statement, which uses transaction history and forward-l

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BlackRock in talks to take minority stake in Millennium

Financial Times M&A

Two groups explore strategic partnership as world’s largest asset manager seeks to expand in fast-growing alternatives

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The CRO as the Navigator of the Business

Norman Marks

Michael Rasmussen and I friends both in real life and on Facebook (which is not always the case). I met him through OCEG (which I recommend as they have some excellent resources) where we were two of the first three OCEG Fellows. (The other one was Brian Barnier. I recommend following both of them.

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Elon Musk might be Wall Street’s great white whale

Financial Times M&A

The US election and elevation of the Tesla boss could lead to big deal fees.

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Apollo Gets Extension To Make £1B Offer For Auto-Parts Biz

Law 360 M&A

Auto parts supplier TI Fluid Systems said Friday that Britain's mergers and acquisitions authority has granted a company backed by private equity giant Apollo more time to make it a firm offer worth approximately £995 million ($1.3 billion).

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Mastering Intent Data: Understanding its Importance & Best Practices

Speaker: Joe Apfelbaum, CEO of Ajax Union

In this webinar, Joe Apfelbaum, CEO of Ajax Union and business strategist, will take you through the ABCs of intent data. You'll learn how to effectively use it to drive business results, with practical tips on how to leverage both company and contact intent data to maximize your marketing efforts. Whether you're a seasoned marketer or just getting started, this webinar is a must-attend for anyone looking to stay ahead in the ever-evolving world of digital marketing.

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A Burberry takeover is not for the faint hearted

Financial Times M&A

Predators will struggle to money from the UK luxury group with revenues forecast to be down 20%

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Chancery Mulls Stay, Toss Of SPAC Suit Pending NJ Ruling

Law 360 M&A

Attorneys for the sponsor of a deal that took digital health equipment venture Butterfly Network public in February 2021 argued Thursday for a stay or dismissal of a Delaware Court of Chancery suit challenging the deal, citing extensive overlap with an earlier-filed federal securities action in New Jersey.

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The State of Corporate ESG report: Key findings for CFOs and sustainability officers

ThomsonReuters

← Blog home As the global business environment continues to evolve, the 2024 State of Corporate ESG report by Thomson Reuters Institute sheds light on the shifting dynamics of Environmental, Social, and Governance (ESG) initiatives. As stewards of financial integrity and sustainability, CFOs and sustainability officers are at the forefront of this transformation, tasked with integrating ESG into the core of daily business operations.

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Solar Energy Co. Hits Ch. 11 With $100M In Debt, Sale Plans

Law 360 M&A

Oya Renewables, a solar energy producer with offices in Boston and Toronto, has filed for Chapter 11 protection in the Delaware bankruptcy court, disclosing at least $100 million in liabilities — including almost $87 million in funded debt — and plans to sell its assets, while blaming factors such as project delays and litigation for its liquidity crunch.

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The 2024 State of Corporate ESG: Key findings for CFOs and sustainability officers

ThomsonReuters

← Blog home As the global business environment continues to evolve, the 2024 State of Corporate ESG report by Thomson Reuters Institute sheds light on the shifting dynamics of Environmental, Social, and Governance (ESG) initiatives. As stewards of financial integrity and sustainability, CFOs and sustainability officers are at the forefront of this transformation, tasked with integrating ESG into the core of daily business operations.

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Alaska Flyers Lodge Emergency 9th Circ. Bid To Halt Merger

Law 360 M&A

A group of flyers and travel agents hoping to block Alaska Airlines' $1.9 billion merger with Hawaiian Airlines are asking the Ninth Circuit for an emergency halt to any further integration between the companies while they appeal a district court's dismissal of their suit, telling the judges consumers will be hurt if the merger continues.

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How to navigate the future of tax technology

ThomsonReuters

Jump to ↓ The strategic importance of technology in tax firms Challenges in technology adoption Preparing for the future: Trends and predictions Embracing technology for competitive advantage The landscape of tax and accounting is undergoing a significant transformation, driven by rapid technological advancements. As firms grapple with the integration of new technologies, the recent Tax Firm Technology Report sheds light on the critical role technology plays in shaping firm strategies.

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Lynk Global Taps New Execs Amid Deal With A-Rod's SPAC

Law 360 M&A

Lynk Global Inc., the satellite-to-phone business merging with the blank-check company of former New York Yankees star Alex Rodriguez, on Thursday revealed that it has picked a new CEO and CFO while securing capital investments from shareholders.

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Transforming together: The importance of building a strategic partnership between IT and indirect tax

ThomsonReuters

The term “digital transformation” can be frustratingly vague—but in large companies, a digital transformation is essentially the process or “journey” a company goes through to upgrade its IT infrastructure and business systems to meet the growing technical demands of the digital era. For IT and transformation leaders, the stakes are high, and the decisions made during this process can set the stage for future success or unforeseen challenges.

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LeBron Eyes Media Merger, AI Startup IPO, And More Rumors

Law 360 M&A

Basketball star LeBron James wants to merge his TV and film production company with a British studio, while AI-focused startup CoreWeave has selected investment banks to manage an initial public offering planned for 2025, plus a women's clothing retailer and a generic-drug maker are planning a pair of listings that could revive Canada's dormant IPO market.

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Valuing a Gift Shop

Peak Business Valuation

With continuous demand from tourists and seasonal shoppers, owning a gift shop can be a rewarding business venture. If you are considering buying , expanding , or selling a gift shop , it is crucial to receive a business valuation from a professional business appraiser. When valuing a gift shop, a business appraiser provides valuable insights into your gift shop’s strengths and weaknesses.

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Playing Ultimate Makes Us Better Lawyers

Law 360 M&A

In addition to being fun, ultimate Frisbee has improved our legal careers by emphasizing the importance of professionalism, teamwork, perseverance, enthusiasm and vulnerability, say Arunabha Bhoumik and Adam Bernstein at Regeneron.

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Duos Edge AI Acquires Additional Edge Data Centers

Benzinga

JACKSONVILLE, Fla., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ: DUOT ), through its operating subsidiary Duos Edge AI, Inc. ("Duos Edge AI"), a provider of adaptive, versatile, and streamlined Edge Data Center ("EDC") solutions tailored to meet evolving needs in any environment, announced the early deployment of three new EDCs across Texas.

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Former Delaware DOJ Attorney Joins Chancery As Magistrate

Law 360 M&A

Delaware's judiciary announced this week that a former Young Conaway Stargatt & Taylor LLP attorney who also previously worked for the state's Department of Justice has been appointed to serve as a magistrate in the Chancery Court.

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Friends and family investment rounds: A founder's guide

Vested

Everyone starts somewhere. And for many startups, that first injection of capital comes from people who already believe in you – your friends and family.

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USCellular Sells Spectrum Licenses To AT&T In $1B Deal

Law 360 M&A

United States Cellular Corp. on Thursday announced that it has agreed to sell a portion of its retained spectrum licenses to telecommunications giant AT&T for $1.018 billion, in a deal built by at least four law firms.

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Olympique Lyonnais warns funding delay would put going concern status at risk

Financial Times M&A

French football club has assumed it will receive up to €40mn from owner’s sale of Crystal Palace stake

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Dissecting New Circuit Split Over SEC's Proxy Adviser Rule

Law 360 M&A

The Sixth Circuit recently upheld the U.S. Securities and Exchange Commission's partial rescission of enhanced conflict-of-interest disclosure requirements for proxy voting advice businesses, creating a circuit split over broader questions concerning the standard for assessing the legality of agency actions in general, say attorneys at Cahill Gordon.

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Mattr Enters into Definitive Agreement to Acquire AmerCable for US$280m, Significantly Enhancing its Highly Engineered Wire and Cable Capabilities Within the U.S. Market and its Exposure to the Global Electrification Movement

Benzinga

TORONTO, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Mattr Corp. ("Mattr" or the "Company") (TSX: MATR ) announced today that it has agreed to acquire AmerCable Incorporated ("AmerCable"), a globally recognized U.S. manufacturer of highly engineered wire and cable solutions used in mission critical applications. Mattr, through its subsidiary, has entered into a definitive agreement to acquire all of the outstanding shares of AmerCable from Nexans USA Inc.

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CMA Raises Concerns Over Amex GBT's $570M Buy Of Rival

Law 360 M&A

The proposed $570 million acquisition by American Express Global Business Travel Inc., a corporate travel management company, of rival CWT Holdings LLC in the U.K. could "lead to reduced choice and quality" in Britain, the antitrust watchdog has warned.

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