Friday was my last day at the Wall Street Journal. I am very grateful for all the things I learned, and the opportunities I was given. It’s been a privilege to work with so many smart and principled people. Being part of the Journal has meant a lot to me. Thank you all!
WSJ News Exclusive: Fanatics Hires CFO for Collectibles Business After Topps Deal
Sports-merchandise retailer Fanatics has hired a finance chief for its collectibles business, which is set to expand beyond baseball cards in the coming years.
Fed Rate Increases Upended Funding Markets in 2022. Here’s What CFOs Can Expect in 2023.
Companies continued to feel the pinch of higher financing costs in 2022. As the Fed gets ready to unveil its next rate increase, finance chiefs are looking for clues on where rates might go in 2023.
GE Healthcare Plans to Reduce Debt and Costs, Pursue Tuck-In Acquisitions
GE’s healthcare business plans to reduce debt, bring down costs and pursue tuck-in M&A after its spinoff in early January.
Nissan Grapples With Currency Volatility, Even as Weak Yen Boosts Earnings
For Nissan Motor Co. finance chief Stephen Ma, the weak yen has been both a boon and a bane.
U.K. Tax Change to Yield Higher Costs, But Much Needed Certainty for Companies
After a handful of flip-flops, the U.K. government has landed on a 25% corporate tax rate. Despite the expected increase in costs, finance chiefs say they at least know what’s coming.
With Debt Coming Due, Investment-Grade Companies Are Paying Up, Too
Corporate funding markets appear to be thawing as finance chiefs at a number of highly rated companies face a year-end deadline decision: Refinance near-term debt coming due with bonds at higher rates now or turn to shorter-term options on the chance rates might be lower in the new year.
Zero-Based Budgeting, Currency Hedges Among the Tools CFOs Can Use to Weather Headwinds
The Disney CFO Who Raised Concerns About Bob Chapek Has Respect on the Street
Throughout her career, Disney CFO Christine McCarthy gained a reputation of being a straight forward, no-nonsense executive. Her move to express a lack of confidence in Bob Chapek was an unusual one.
Some CFOs Are Boosting Their Credit Lines as Insurance Against Recession
Some companies are preparing for a potential downturn and securing additional borrowing capacity they could tap for cash if the economy slides into a recession.