Tag Archives: cybersecurity

Financial Daily Dose 4.17.2020 | Top Story: Amazon asking customers to buy less

BY: Juvian Hernandez | April 17, 2020

Amazon asking customers to buy less! The pandemic has forced businesses, both winners and losers, to act “in unusual ways” – Bloomberg Stocks rise as discussions for reopening the economy begin; yield on 10-year Treasuries decreased two basis points to 0.60%; oil traded near $18 a barrel – Bloomberg and NYT The US job market continues to suffer with … Continue reading

Financial Daily Dose 10.23.2019 | Top Story: Top exec exodus continues, this time at Nike, Boeing, and WeWork

BY: Michael D. Reif | October 23, 2019

Nike’s top dog, CEO Mark Parker, is stepping down at the beginning of 2020, to be replaced by board member and ServiceNow CEO John Donahoe. Parker, who will assume the role of executive chair when Donahoe takes over, has been involved in a series of controversies in recent years, including doping allegations directed at the … Continue reading

Financial Daily Dose 8.16.2019 | Top Story: Cathay Pacific CEO Resigns Amidst Turmoil in Hong Kong

BY: Michael D. Reif | August 16, 2019

Hong Kong-based Cathay Pacific Airways CEO Rupert Hogg has resigned in order to “take responsibility” a week “after the carrier was rebuked by China for staff involvement in the anti-Beijing protests rocking Hong Kong.” Hogg had been on the job for just 2 years – Bloomberg and NYTimes and WSJ and MarketWatch The Labor Department … Continue reading

Financial Daily Dose 8.8.2019 | Top Story: L Brands CEO Claims Epstein Misappropriated “Vast Sums”

BY: Michael D. Reif | August 8, 2019

Les Wexner, the billionaire CEO of Victoria’s Secret and Bath & Body Works parent company L Brands, has accused his former money manager and confidant, Jeffrey Epstein, of misappropriating “vast sums of money” from Wexner and his family. Wexner claims he first learned of the wrongdoing in 2007 – NYTimes and WSJ and Bloomberg China … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | December 4, 2017

The CVS/Aetna deal now appears to be a $69 billion venture.  And a likely industry-changing one, at that – NYTimes and WSJ and Bloomberg and MarketWatch Here’s the inside scoop on “Sheltered Harbor,” a “doomsday project” from US banks that they hope will “prevent a run on the financial system should one of them suffer … Continue reading

Top FINRA Priorities for 2017

BY: Stacey P. Slaughter | January 9, 2017

On January 4, FINRA released its Annual Regulatory and Examination Priorities Letter, which outlines the areas it plans to review over the coming year.  FINRA President and CEO, Robert Cook, says that attention to these core regulatory requirements will “serve investors and markets well.” The first focus area for FINRA will be high-risk and recidivist … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | January 9, 2017

By volume, December wasn’t an incredible month for US jobs. But the report did help cap a year that saw average hourly earnings rise 2.9%—the best since 2009 and a “turning point for the overall economy,” according to one veteran economist – NYTimes and Marketplace Those stressing about the state of the corporate bond market … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | December 7, 2016

Big news from DC yesterday, as the Supreme Court handed a rare win to prosecutors in an insider-trading case against business executives sharing confidential information with relatives – NYTimes and WSJ and Law360 So the next FOMC meeting looks like the big one [finally] for a rate hike.  But then what? – WSJ More on … Continue reading

New FTC Data Breach Response Guidelines

BY: Anne Lockner | December 2, 2016

Cybersecurity should always be at the top of any retailer’s priority list—and even more so as the holiday shopping season gets underway. To that end, the Federal Trade Commission’s newly-released Data Breach Response guidelines detail the steps businesses should take if they experience a data breach, and we’ve summarized them for you. Secure operations For … Continue reading

A Retail Robot Revolution is Not Far Off

BY: Annie Huang | November 10, 2016

Robots have long been the stuff of science fiction and our imaginations. They are now our reality. In fact, one may be greeting and assisting you during your next visit to your local retailer. Large retailers have used robots behind the scenes in stock rooms and warehouses for many years. Now they are starting to … Continue reading