Business-intelligence platform ZoomInfo Technologies Inc. raised about $500 million in debt and plans to use some of the funds to buy an artificial-intelligence startup, a deal that comes on the heels of a record-breaking first half of the year for mergers and acquisitions involving U.S. companies.
Finance chiefs across industries are facing higher costs as the economic rebound drives up demand for raw materials, components, energy and transportation. Wages are also on the rise, adding to the expenses executives need to cover.
From increasing product prices to cutting costs, CFOs have various tools they can use to curb the impact of inflation. Here are some options.
Bang & Olufsen’s CFO has a new responsibility: Setting the price range for what the company is willing to pay for semiconductors, a tactic aimed at securing supply in a tight market.
Companies expect to reap millions of dollars in savings in the years ahead as they scale back on office space after the coronavirus pandemic emptied workplaces around the country. However, some are paying in the short term for their decision to downsize.
Businesses spent $1.74 trillion on mergers and acquisitions involving U.S. companies during the first six months of the year—the highest amount in more than four decades—as finance chiefs tapped into cheap funding options to acquire technologies, services and other assets.
Boeing Co.’s new finance chief, a former General Electric Co. manager with close ties to the plane maker’s chief executive, faces tough choices around how to bring down the company’s debt.
Chewy Inc.’s finance chief said recent efforts to expand the pet retailer’s product range are paying off in the form of higher revenue and profit margins.
Stanley Black & Decker Inc.’s finance chief is spending more time and money trying to strike partnerships with battery and chip manufacturers to help ease the pressure on the tool maker’s supply chain.
Inspire Brands Inc., the owner of Arby’s, Buffalo Wild Wings and other restaurant chains, has tapped the chief financial officer of its Dunkin’ Brands business to manage the group’s finances.
A rebound in business, and treehouses in your search results: Airbnb’s finance chief told me what’s new at the travel company.