Lumen plans to focus on stabilizing its business after finalizing a restructuring deal with creditors that slashes its debt, its finance chief said.

Prologis has been spending big on M&A in recent years. The company continues to scout for potential targets and hopes to one day be able to leverage AI for that, its CFO Tim Arndt and Managing Director Chris Caton said in an interview.

For Cisco, the $28 billion acquisition of Splunk marks not only its biggest diversification effort to date but a historic shift to a net debt capital position, after three decades of having net cash.

“I probably waited too long” to retire: Costco’s outgoing CFO Richard Galanti talks about why he stuck around for nearly four decades, how his role has changed and the fate of $1.50 hot dog and soda combo.

Faced with higher delinquency rates, online car retailer Carvana has tightened its lending standards even as it expects falling interest rates to bring greater sales later this year.

Whirlpool, the company behind KitchenAid mixers and Maytag washing machines, will double down on debt reduction this year as US interest rates remain high.

Investors are plowing billions into money-market funds by the day. Corporate treasurers are hoarding record amounts of cash. The market is digesting a glut of Treasury bills without a hiccup. For an asset class that many market prognosticators all but left for dead to start the year, there’s still plenty of life left in cash.

For my latest for Bloomberg News, I spoke to Qualcomm CFO Akash Palkhiwala about the outlook for M&A, valuations and why the company hasn’t done a blockbuster deal yet.

Logistics provider XPO is working to reduce leverage after it purchased assets from defunct Yellow and might consider buying back some of its debt at par.

Deal makers are turning to artificial intelligence and generative AI tools to source data, screen targets and conduct due diligence, with 80% of practitioners expecting to use the technology in the coming three years.